Global grape seed extract market was valued at USD 120.6 millions in 2018. It is expected to grow at 7.6% compound annual growth rate (CAGR), between 2019 and 2025. Market growth will be influenced by the increasing importance of grape seed extract, a functional ingredient that helps in weight loss, cellulite decrease, and improves the immune system. These extracts are also recommended for treating diseases such as candidiasis and throat infections.
A significant number of Americans are suffering from heart disease. According to the U.S. Department of Health & Human Services report, heart disease is responsible in the deaths of approximately 610,000 Americans each year. According to the U.S. Department of Health & Human Services, 370,000 people die annually from coronary heart disease (CHD). To reduce the number of heart diseases, manufacturers of dietary supplements will likely increase their use of grape seed extracts over the next few decades.
Grape seed extracts are used by most supplement manufacturers due to their oligomeric proscyanidins(OPC) properties. These properties can be used to treat conditions like atherosclerosis and high cholesterol. They also help with poor blood circulation, macular damage, and other disorders such as high cholesterol. To make functional drinks healthier, some companies have increased the grape seed extract content. Youthy Forever, for example, has increased the grape seed extract content of its pineapple juice, which combines passion fruit and prickly-pear juices. Each 8-oz. Each serving contains 40mg of this ingredient.
These ingredients are rich in omega-6 fatty acid and high levels linoleic acids, which aid in controlling acne and reducing clogged pores. It is anti-microbial, anti-inflammatory, and can soothe acne breakouts. These products contain grape seed extracts, which help maintain skin moisture, reduce inflammation, and minimize wrinkles and fine lines.
With more than 80.0% global revenue, the largest share was held by the powdered segment in 2018. It is expected to continue its dominance over the next years. The powdered version of grape seed extracts is used in most dietary and nutraceutical products. It is convenient and affordable. Bulk Powder, a UK-based company, has launched seed extract powder from red grapes that can be eaten by people who are gluten- or lactose intolerant.
From 2019 to 2025, the market for liquid products is expected to grow at 6.2%. Grape seed extract is becoming more popular in liquid form due to its antibacterial and parasiticidal properties. The product may cause intestinal diseases like constipation, colitis, diarrhea, and abdominal pain. Hawaii Pharm LLC offers liquid grape seed extracts both in organic and traditional forms.
In 2018, the nutrition supplements segment dominated grape seed extracts, accounting for over 40%. Because it's more cost-effective, grape seed extract is often included in supplements. These supplements can be used for a variety of purposes including beauty, cardiovascular support, or improving vision. To compete in this market, companies are investing in product innovation. Bluebonnet Nutrition Corporation, for example, launched a superfruit grape seed extract made from Champagne grapes in France.
Food and beverages are expected to grow at the fastest rate with a CAGR 9.3% between 2019-2025. To increase the quality of their products, food and beverage manufacturers use the product in their ingredient lists. Old Orchard Brands, LLC. It is used as a key ingredient for fruit juices. Ethical Naturals, Inc. also offers grape seed extract with 85.0% Polyphenols, which can then be used in beverages to enhance their health benefits.
North America was the dominant market for grape seed extract in 2018, accounting for over 40.0% of all global revenue. The market is driven by a growing awareness among consumers about the benefits of a drug-free lifestyle. High disposable income has supported a significant increase in consumer spending on health, wellness, and fitness in recent years. Grape seed extracts are in high demand in North America due to the increasing use of personal care products as well as dietary supplements. Market growth is expected to be driven by the strong presence of U.S. processing companies. Polyphenolics LLC, ConnOils LLC and The Synergy Company are some of the major players in this market.
Asia Pacific is the fastest growing market. It is expected to grow at 9.4% between 2019 and 2025. The market's growth is expected to be boosted by increasing consumer awareness and rising disposable income, particularly in developing countries like India and China. According to research, Indian consumers are spending more on fitness and wellness products. India's wellness market is expected to reach USD 1.5 trillion by 2020. This will allow India to become the fastest-growing country in the region.
To enter this lucrative market, companies are creating strategic partnerships with industry rivals. To capitalize on the market opportunities, Nexira, a French-based supplier of nutraceutical ingredients, entered into a partnership agreement with California Natural Color. The market for grape seed extract is dominated by the following:
S.A.
Botanic Innovations LLC
Polyphenolics
Naturex
Nexira
Augusto Bellinvia Srl
NetQem LLC
Hunan NutraMax Inc.
Jianhe Biotech Co., Ltd.
Up Market Research published a new report titled “Grape Seed Extract Market research report which is segmented by Product (Gel, Liquid, Powder), by Application (Personal Care, Nutritional Supplements, F&B, Pharmaceutical), By Players/Companies Botanic Innovations LLC, NetQem LLC, Jianhe Biotech Co Ltd, Augusto Bellinvia Srl, Piping Rock Health Products LLC, SPA, Polyphenolics, Hunan NutraMax Inc, Naturex, Nexira”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Grape Seed Extract Market Research Report |
By Product | Gel, Liquid, Powder |
By Application | Personal Care, Nutritional Supplements, F&B, Pharmaceutical |
By Companies | Botanic Innovations LLC, NetQem LLC, Jianhe Biotech Co Ltd, Augusto Bellinvia Srl, Piping Rock Health Products LLC, SPA, Polyphenolics, Hunan NutraMax Inc, Naturex, Nexira |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 218 |
Number of Tables & Figures | 153 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (Gel, Liquid, Powder), by Application (Personal Care, Nutritional Supplements, F&B, Pharmaceutical).
Grape Seed Extract Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Grape Seed Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Grape Seed Extract Market Report:
Some other reports from this category!