The grape seed extract market is witnessing robust growth due to its wide-ranging health benefits. This natural supplement is rich in antioxidants, supporting heart health, skin rejuvenation, and overall well-being. The dominating segment in this market is the pharmaceutical and nutraceutical sector. As consumers become more health-conscious, the demand for grape seed extract as a dietary supplement continues to rise, ensuring the pharmaceutical and nutraceutical sector remains at the forefront of this flourishing market.
According to Data Bridge Market Research, the Global Grape Seed Extract Market is growing at a CAGR of 6.1% in the forecast period of 2022 to 2029 and expected to reach USD 2,38,378.22 thousand by 2029.
“Growing trend as a flavoring agent in packaged food and drinks boost the market’s growth”
The growing trend of using grape seed as a flavoring agent in packaged food and drinks is primarily driven by consumers' increasing preference for natural and health-conscious ingredients. Grape seed imparts a subtle and appealing flavor while also being rich in antioxidants, enhancing the nutritional profile of products. This shift in consumer choices is contributing to the expansion of the grape seed extract market as manufacturers incorporate this natural ingredient to meet the demand for healthier and tastier options.
What restraints the growth of the global grape seed extract market?
“High manufacturing cost restraints the market’s growth”
The high manufacturing cost of grape seed extracts significantly restrains the grape seed extract market. The complex extraction process and the need for specialized equipment contribute to elevated production expenses. These costs can limit the affordability and accessibility of grape seed extract-based products, making them less competitive.
Segmentation: Global Grape Seed Extract Market
The global grape seed extract market is segmented on the basis of grade, form, extraction method, nature, oligomeric proanthocyanidin (OPC) content, oxygen radical absorbance capacity (ORAC), polyphenols content, category, application, and distribution channel.
- On the basis of grade, the global grape seed extract market is segmented into food grade, pharma grade, and others.
- On the basis of form, the global grape seed extract market is segmented into liquid extracts, encapsulated extracts, concentrates, powders, and others.
- On the basis of extraction method, the global grape seed extract market is segmented into conventional/mechanical, solvent extraction, supercritical extraction, and subcritical extraction.
- On the basis of nature, the global grape seed extract market is segmented into conventional and organic.
- On the basis of oligomeric proanthocyanidin (OPC) content, the global grape seed extract market is segmented into less than 50%, 60%, 70%, 80%, 95%, and more than 95%.
- On the basis of oxygen radical absorbance capacity (ORAC), the global grape seed extract market is segmented into less than 8000 µmole te/g , 8000 - 10000 µmole te/g , 11000 - 150000 µmole te/g 16000 - 20000 µmole te/g, and more than 20000 µmole te/g.
- On the basis of polyphenols content, the global grape seed extract market is segmented into less than 80%, 85%, 90%, 95%, and more than 95%.
- On the basis of category, the global grape seed extract market is segmented into GMO, non-GMO.
- On the basis of application, the global grape seed extract market is segmented into food, beverages, dietary supplements, pharmaceutical, personal care, cosmetics, animal nutrition and others.
- On the basis of distribution channel, the global grape seed extract market is segmented into store based retailers and non store retailers.
Regional Insights: North America dominates the Global Grape Seed Extract Market
In North America, the U.S. has emerged as a dominant player in the grape seed extract market, primarily because of the rising demand for grape seed extracts in producing nutritional supplements. As health-conscious consumers seek natural and antioxidant-rich options, the U.S. market has responded to this demand, showcasing significant growth and innovation in incorporating grape seed extracts into various nutritional products, solidifying its leadership position.
In Asia-Pacific, China is poised to lead the grape seed extract market, driven by the food sector's increasing utilization of grape seed extracts. This trend aligns with the growing preference for natural and healthy ingredients in food products. China's robust manufacturing capabilities and the incorporation of grape seed extracts into a wide range of food items position the country as a key contributor to the industry's growth.
To know more about the study visit, https://www.databridgemarketresearch.com/ru/reports/global-grape-seed-extract-market
Recent Developments
- In July 2021, Natac inaugurated a new manufacturing facility in Hervás, Extremadura, enabling the diversification of its product lines and an expansion in production capacity. This development allowed the company to meet the needs of a broader customer base.
- In January 2018, Benepure Corporation entered a sales and cooperation agreement with Hunan Kingti Bio-Tech Co., Ltd. This arrangement involved Sichuan Benepure providing a technical team to support Hunan Kingti's production processes, leading to increased production output and product availability to meet the demands of potential customers.
The Prominent Key Players Operating in the Global Grape Seed Extract Market Include:
- Activ'Inside (France)
- Breko (Germany)
- Forward Farma BV (Netherlands)
- Changsha Huir Biological-Tech Co., LTD (Huir) (China)
- Vinomerix (U.S.)
- Ambe Ns Agro Product Pvt Ltd (India)
- ETChem (U.S.)
- ALVINESA (Spain)
- KUNHUA BIOLOGICAL TECHNOLOGY CO., LTD (China)
- Naturalin Bio-Resources Co., Ltd. (China)
- OlivinoLife (India)
- Alpspure Lifesciences Private Limited (India)
- Botanic Innovations, LLC (U.S.)
- Polyphenolics (U.S.)
- NATUREX (France)
- Nexira (France)
- NetQem (U.S.)
- Hunan NutraMax Inc. (China)
- Jianhe Biotech Co., Ltd. (China)
- PipingRock Health Products, LLC (U.S.)
- ConnOils LLC (U.S.)
- pureoilsindia (India)
- Gustav Heess Oleochemische Erzeugnisse GmbH (Germany)
- Natac (Spain)
- Kingherbs Limited (China)
- NZ Extracts (New Zealand)
- Bhooratna Agri Processors (India)
- Fingres Biotech Inc. (China)
- Chenguang Biological Technology Group Co., Ltd. (China)
- BENEPURE Corporation (China)
Above are the key players covered in the report, to know about more and exhaustive list of global grape seed extract market companies contact, https://www.databridgemarketresearch.com/ru/contact
Research Methodology: Global Grape Seed Extract Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
