Hydroxytyrosol Industry Analysis in South Asia & Oceania
Hydroxytyrosol Demand Forecasts for South Asia & Oceania By Form (Powder, Liquid), By Purity (Natural, Synthetic), By Source (Standard Olive Oil, Virgin Olive Oil, Catechol), By Application (Functional Foods, Nutraceuticals, Dietary Supplements, Cosmetics, Pharmaceuticals) and By Country - 2023 to 2033
Analysis of Hydroxytyrosol Covering Countries Including India, Thailand, Indonesia, Malaysia, Australia, New Zealand, Rest of South Asia & Oceania
Hydroxytyrosol Sales Outlook for South Asia & Oceania (2023 to 2033)
Hydroxytyrosol demand in South Asia & Oceania accounts for a valuation of US$ 283.1 million in 2023 and is set to rise at a stellar 10.2% CAGR over the next ten years. By the end of 2033, sales of hydroxytyrosol in South Asia & Oceania are forecasted to reach US$ 754.3 million.
Several factors are at play to influence the demand for hydroxytyrosol in South Asia & Oceania such as rising disposable income, growing awareness regarding the benefits of hydroxytyrosol consumption, and increasing popularity of the clean-label trend. Countries India, Thailand, Australia, and Malaysia are projected to emerge as highly lucrative spaces for hydroxytyrosol suppliers looking to make a mark in the South Asia & Oceania region across the study period. Evolving consumer preferences are also anticipated to play a crucial role in shaping the hydroxytyrosol demand outlook in this region over the next ten years.
- Hydroxytyrosol demand volume in South Asia & Oceania is 2,466 tons in 2023 and is projected to increase at 8.7% CAGR through 2033.
|Hydroxytyrosol Sales in South Asia & Oceania (2023)||US$ 283.1 Million|
|Projected Sales (2033F)||US$ 754.3 Million|
|Hydroxytyrosol Demand Growth (2023 to 2033)||10.2% CAGR|
|Sales Volume of Synthetic Hydroxytyrosol (2033F)||1,869.5 Tons|
|Virgin Olive Oil-sourced Hydroxytyrosol Sales Growth (2023 to 2033)||9.2% CAGR|
|Natural Hydroxytyrosol Sales Value (2023E)||US$ 190.2 Million|
|Key Companies Profiled||
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Which Trend Could Change Hydroxytyrosol Demand Trajectory in South Asia & Oceania?
“Rising Use of Natural Ingredients in Personal Care Products and Cosmetics”
Demand for personal care and cosmetics is projected to soar high in the South Asia and Oceania region owing to rising aesthetic awareness and the increasing influence of beauty trends from social media. This increased aesthetic awareness has pushed people to look for ways to look as youthful as possible thereby driving up the demand for anti-aging products.
The anti-aging properties of hydroxytyrosol are gaining popularity among people and a rising number of personal care and cosmetics manufacturers are incorporating it in their products, which is slated to create new opportunities for hydroxytyrosol companies operating in this region.
- Hydroxytyrosol demand for cosmetics applications in South Asia & Oceania is projected to account for a revenue of US$ 139.3 million by the end of 2033.
Find more details of growth-augmenting factors such as local supply, pricing trends, product standards, safety regulations, and new developments in this research study for hydroxytyrosol by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
India is projected to lead hydroxytyrosol shipments in the South Asian region and Australia is slated to dominate demand for hydroxytyrosol in the Oceania region. Hydroxytyrosol suppliers looking to expand their business on a grand scale should focus on South Asian economies as they are projected to offer better opportunities going forward.
What Makes India a Bankable Country for Hydroxytyrosol Vendors?
“Rising Disposable Income Offering New Business Opportunities”
India is the most populated country in the world and is home to one of the world’s leading consumer bases thereby creating an opportune scenario for hydroxytyrosol companies. The rising disposable income of people in this country is projected to act as the prime driver for hydroxytyrosol demand over the next ten years. Increased purchasing power coupled with rising awareness regarding the health benefits of hydroxytyrosol products is forecasted to skyrocket hydroxytyrosol sales in India in the long run.
Why Should Hydroxytyrosol Suppliers Target Australia?
“Growing Consumption of Dietary Supplements and Functional Foods”
Hydroxytyrosol is emerging as a popular ingredient in dietary supplements and nutraceuticals as awareness regarding its numerous health benefits increases among people around the world. The rise in focus on health and fitness in Australia has uplifted the consumption of dietary supplements and functional foods, which is slated to bolster hydroxytyrosol demand as well.
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Hydroxytyrosol vendors in South Asia & Oceania are focusing on supplying natural hydroxytyrosol in powder form to get the best returns on their investments going forward.
In Which Form is Hydroxytyrosol Extensively Used?
“Hydroxytyrosol Powder Accounts for Substantial Volume Share”
|Segment Value (2023E)||US$ 191.7 Million|
|Growth Rate (2023 to 2033)||9.6% CAGR|
|Projected Value (2033F)||US$ 482.1 Million|
Hydroxytyrosol in powder form is extensively used in multiple applications owing to its ease of use and ease of transport. Powdered hydroxytyrosol can be used to control the concentration precisely in different applications and this is why the majority of product manufacturers prefer to use hydroxytyrosol in powder form.
Natural Hydroxytyrosol of What Purity is Highly Sought After?
“Natural Hydroxytyrosol with 20% Purity Leading Revenue Generation”
|Segment Value (2023E)||US$ 190.2 Million|
|Growth Rate (2023 to 2033)||10.2% CAGR|
|Projected Value (2033F)||US$ 506.9 Million|
Increasing preference for clean-label ingredients and growing use of natural ingredients in different products are projected to bolster the demand for natural hydroxytyrosol over the coming years. Natural hydroxytyrosol with 20% purity is slated to witness high demand across the study period and lead revenue generation in the natural segment.
Top hydroxytyrosol suppliers are focusing on expanding their business potential across the world by launching new products designed for specific target audiences.
- In January 2021, Nutriva, a renowned supplier of olive health supplements based in Malaysia, announced its plans to expand in international markets and launch new products aimed at the diabetic population. The company launched its products and entered Thailand in 2021.
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Segmentation of Hydroxytyrosol Study in South Asia & Oceania
By Form :
By Purity :
- 95% Purity
- 20% Purity
- 10% Purity
- 95% Purity
- 20% Purity
- 10% Purity
By Source :
- Standard Olive Oil
- Virgin Olive Oil
By Application :
- Functional Foods
- Dietary Supplements
By Country :
- Australia & New Zealand
- Rest of South Asia & Oceania
- FAQs -
Hydroxytyrosol sales in South Asia & Oceania are estimated at US$ 283.1 million in 2023.
Demand for hydroxytyrosol is set to reach a market valuation of US$ 754.3 million by the end of 2033.
Sales of hydroxytyrosol in South Asia & Oceania are set to increase at 10.2% CAGR over the next ten years.
The best source of hydroxytyrosol is virgin olive oil and it is set to account for a revenue value of US$ 396.5 million by 2033-end.
Devson Impex Private Limited, Genosa R&D, Wacker Chemie AG, and Carl Roth are leading hydroxytyrosol companies.