Global Grape Seed Extracts Market Size to Exceed USD 413.5 Million by 2033
According to a research report published by Spherical Insights & Consulting, The Global Grape Seed Extracts Market is Expected to Grow from USD 169.5 Million in 2023 to USD 413.5 Million by 2033, at a CAGR of 9.33% during the forecast period 2023-2033.
Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On Global Grape Seed Extracts Market Size, Share, and COVID-19 Impact Analysis, By Product (Powder, And Liquid), By Application (Food & Beverage, Personal Care, and Dietary Supplements), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The industry that manufactures and markets grape seed extract, an industrial derivative of grape seeds and dietary supplement, is known as the grape seed extract market. A dietary supplement called grape seed extract is created from dried, ground, and extracted grape seeds. Antioxidants such as flavonoids, phenolic acids, and anthocyanins are abundant in it. Furthermore, it has been demonstrated that grape seed extract lowers inflammation. The market for grape seed extract has also been impacted by consumer health consciousness. The grape seed extract is used all over the world to treat a variety of ailments. Numerous pharmacological characteristics have been discovered, including anti-diabetic, anti-cholesterol, and anti-platelet effects, as well as protection against oxidative stress and damage. This is because grape seed extract can be more costly than other substances, and producers may find it less desirable. However, the worldwide grape seed extract market is expected to be limited by the likelihood that excessive use of grape seed extracts can cause allergic reactions and other health issues. Furthermore, the high cost of grape seed extracts may provide a market barrier for grape seed extracts over the projection period.
The powder segment accounted for the largest share in 2023 and is expected to grow at a CAGR of 4.9% during the forecast period.
Based on the product, the global grape seed extracts market is segmented into powder and liquid. Among these, the powder segment accounted for the largest share in 2023 and is expected to grow at a CAGR of 4.9% during the forecast period. The segment has grown as a result of the widespread use of powdered grape seed extract in dietary and nutraceutical supplements, which gives consumers an easy and cost-effective option. This is due to their dry condition, powdered grape seed extracts typically have a longer shelf life than liquid. Powdered grape seed extracts usually last four to five years if kept dry and in their original packaging.
The dietary supplements segment accounted for the largest share in 2023 and is expected to grow at a CAGR of 7.3% during the forecast period
Based on the application, the global grape seed extracts market is segmented into food & beverage, personal care, and dietary supplements. Among these, the dietary supplements segment accounted for the largest share in 2024 and is expected to grow at a CAGR of 7.3% during the forecast period. This is because, in industrialized nations where sedentary lifestyles are the norm, obesity and obesity-related diseases are becoming more and more common. Among the many health advantages of grape seed extracts are blood pressure regulation, oxidative stress protection, blood circulation enhancement, bone and collagen strengthening, cognitive enhancement, and infection prevention.
North America is expected to hold the largest share of the global grape seed extracts market over the predicted timeframe.
North America is estimated to hold the largest share of the global grape seed extracts market over the predicted timeframe. This is due to rising consumer awareness of the importance of leading a medication-free lifestyle. Rising disposable income, and consumer spending on wellness, fitness, and health have significantly expanded in recent years. The demand for grape seed extracts in North America has significantly increased as a result of the growing use of dietary supplements and personal care products.
Europe is estimated to hold the largest share of the global grape seed extracts market over the predicted timeframe. This is because of the increased incidence of various illnesses, which has raised the desire for innovative and better results. As a result, citizens' awareness of the benefits of living a medicine-free lifestyle and their spending on health, wellness, and physical fitness have been rising, which has helped the market grow.
Company Profiling
Major vendors in the global grape seed extracts market are Polyphenolics, Naturex, Nexira, NetQem LLC, Botanic Innovations LLC, Piping Rock Health Products, and LLC, Hunan NutraMax Inc., Indena S. p. A, Shijiazhuang Jianhe Biotech Co., Ltd., Augusto Bellinvia srl., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In April 2024, a brand-new water-soluble grape seed extract is currently being supplied by Nordmann partner Layn. The product, which is made in Italy, has a low concentration of monomers and gallic acid and is high in oligomeric proanthocyanidins (OPC). The final extract has unparalleled benefits and may be utilized to support a wide range of applications, from beverages to functional meals and supplements, including powders, sachets, and stick packs, because the extraction process employs water rather than solvents. The recently introduced component is being distributed by Nordmann in Germany and Switzerland.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the global grape seed extracts market based on the below-mentioned segments:
Global Grape Seed Extracts Market, By Product
Global Grape Seed Extracts Market, By Application
- Food & Beverage
- Personal Care
- Dietary Supplements
Global Grape Seed Extracts Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa