Grape Seed Extract Market Research Report

 


Grape Seed Extract Market

Grape Seed Extract Market size was valued at USD 141 million in 2020, expanding at a healthy CAGR of 8.1% over the forecast period. Grape seed extracts have gained a lot of prominence over functional ingredient that helps in cellulite reduction, weight loss, and improvement of the immune system.

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Grape seed extract is a dietary supplement produced from the seeds of grapes. It is an antioxidant, thus helps reduce oxidative stress, tissue damage, chronic diseases, and inflammation. Grape seed extracts helps improve blood circulation, cardiovascular diseases, and helps reduce swelling caused by injury, eye disease, and high cholesterol. Most of the supplement manufacturers use grape seed extracts as an ingredient because of its oligomeric procyanidins features which are helpful to trat poor blood circulation, high cholesterol, and nerve damage. Accelerating population, rising health awareness, and rising usage in personal care industry will complement the market growth. Grape seed extracts are used as a flavoring agent in packaged food and drinks, which has propelled the market growth. These ingredients include high level of linoleic acid and omega-6 fatty acids making it suitable to control acne by reducing clogged pores.

By form, powder is projected to seize a faster CAGR over the forecast period. Powdered form of grape seed extract is affordable and very easy to use, thus is preferred by consumers and is used in dietary and nutraceutical supplements.

North America is projected to capture a remarkable share in the grape seed extracts market during the forecast period. Rising disposable income, growing expenditure on health, and fitness, and the rising demand for personal care products are the major factors propelling the market growth. Additionally, the strong presence of prominent players including California Natural Color, Botanic Innovations, and NetQem LLC will bolster the grape seed market share.

Grape Seed Extract Market Segmentation:

Grape Seed Extract Market by Form

·         Liquid

·         Powder

Grape Seed Extract Market by Application

·         Food & Beverages

·         Cosmetics & Personal Care

·         Pharmaceutical

Grape Seed Extract Market by Region:

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         North America

o   United States of America

o   Canada

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

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GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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