Market Size of Global Grapeseed Extract Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.45 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Grapeseed Extract Market Analysis
Global Grapeseed Extract Market projected to grow at a CAGR of 7.45% during the forecast period 2021-2026.
- The rising awareness regarding the grape seed extract as a functional ingredient that aids in weight loss, cellulite reduction, and improvement of the immune system is expected to have a strong impact on market growth. Furthermore, these extracts are recommended for the treatment of diseases like candidiasis, throat infections, earaches, and diarrhea, which, in turn boosting the market growth significantly.
- Further, in countries like the United States where heart disease is the leading cause of death, is encouraging dietary supplement manufacturers to increase the use of grape seed extracts in the formulation of health supplements to limit the occurrences of heart diseases over the next few years.
- The COVID-19 pandemic has immensely affected the food supply chains, with bottlenecks in farm labor, processing, transport, and logistics, as well as momentous shifts in demand. Food supply chains demonstrated a remarkable resilience in the face of these stresses , which in turn has also impacted the grapeseed extract market growth.
Grapeseed Extract Industry Segmentation
Global grapeseed extract market is segmented by form, application, and geography. Based on form, the market is segmented into liquid and powder. Based on application, the market is segmented into food & beverages, cosmetics & personal care, and pharmaceutical. Furthermore, the report takes into consideration the market for grapeseed extract in the established and emerging economies across the globe, including North America, Europe, Asia-Pacific, South Africa, Middle East & Africa.
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| Liquid | |
| Powder |
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| Food & Beverages | |
| Cosmetics & Personal Care | |
| Pharmaceutical |
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Global Grapeseed Extract Market Size Summary
The grape seed extract market is experiencing significant growth, driven by increasing consumer awareness of its benefits as a functional ingredient. These extracts are gaining popularity for their role in weight loss, cellulite reduction, and immune system enhancement. Additionally, their application in treating various health issues such as candidiasis, throat infections, earaches, and diarrhea is contributing to market expansion. In regions like the United States, where heart disease prevalence is high, there is a growing trend among dietary supplement manufacturers to incorporate grape seed extracts into health supplements to mitigate heart disease risks. The COVID-19 pandemic has posed challenges to food supply chains, affecting the availability and distribution of grape seed extracts, yet the market has shown resilience and continued growth.
The market for grape seed extract is characterized by a diverse range of applications, including nutritional supplements aimed at beauty, cardiovascular support, and vision improvement. Companies are actively investing in product innovation to maintain competitiveness, with notable launches such as Bluebonnet Nutrition Corporation's super fruit grape seed extract and Bulk Powder's seed extract powder. The demand for natural and organic personal care products and dietary supplements is on the rise, particularly in North America, where consumer spending on health and wellness is increasing. The market is highly fragmented, with numerous players focusing on product development and expanding production capacities. This competitive landscape is expected to lead to a series of new product launches in the coming years, further propelling market growth.
Global Grapeseed Extract Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Form
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2.1.1 Liquid
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2.1.2 Powder
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2.2 By Application
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2.2.1 Food & Beverages
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2.2.2 Cosmetics & Personal Care
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2.2.3 Pharmaceutical
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2.3 By Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Spain
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2.3.2.2 United Kingdom
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2.3.2.3 Germany
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Rest of Europe
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2.3.3 Asia Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East and Africa
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2.3.5.1 South Africa
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2.3.5.2 Saudi Arabia
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2.3.5.3 Rest of Middle East and Africa
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Global Grapeseed Extract Market Size FAQs
What is the current Global Grapeseed Extract Market size?
The Global Grapeseed Extract Market is projected to register a CAGR of 7.45% during the forecast period (2024-2029)
Who are the key players in Global Grapeseed Extract Market?
Hebei Xinqidian Biotechnology Co., Ltd., Botanic Innovations LLC., Polyphenolics, NetQem LLC and Jianhe Biotech Co., Ltd are the major companies operating in the Global Grapeseed Extract Market.
