North America Grape Seed Extract Market is expected to grow with a CAGR of 5.8% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.
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North America grape seed extract market is a highly consolidated market, which includes a specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favorable market scenarios.
The major players dealing in North America grape seed extract market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.
For instance,
- In January 2018, Benepure Corporation signed a sales and cooperation consensus with Hunan Kingti Bio-Tech Co., Ltd. The agreement stipulates that Sichuan Benepure provides a technical team for Hunan Kingti, instructs its production, and increases production volume and product yield. On the other hand, this helped the company increase its product supply to prospective customers
ALVINESA is dominating player in North America grape seed extract market. The other key players existing in the market include Botanic Innovations, LLC, Polyphenolics, NATUREX, Nexira, NetQem, PipingRock Health Products, LLC, ConnOils LLC, Natac, KINGHERBS, NZ Extracts, BENEPURE Corporation, Activ'Inside, Changsha Huir Biological-Tech Co., LTD (Huir), ET-Chem.com, OlivinoLife, among others.
ALVINESA
ALVINESA, is headquartered in Daimiel, Spain, and was founded in 1993. The company is engaged in the development and manufacturing of vine products required for different markets. The company has various product categories such as natural grape extract, tartaric acid, grape seed oil, alcohols, biomass, out of which natural grape extract is the market-focused product category.
The company is taking strategic decisions to expand its presence. For instance,
- In October 2021, Indena S.p.A., an Italian-based pharmaceutical company, launched a new organic grape seed extract ingredient product, 'Enovita Organic,’ a nutraceutical ingredient for cardiovascular and stress-related problems. This product was launched in partnership with ALVINESA Natural Ingredients, a Spain-based company long specialized in extracting grape co-products derived from winemaking
The company has a presence in Europe, and U.S.
NATUREX
NATUREX is headquartered in Avignon, France, and was founded in 1992. The company is engaged in producing plant extracts with flavoring, coloring, and antioxidant properties for the food industry. The company has various product categories such as food and beverage, nutritional and health, personal care, out of which nutritional and health is market-focused product.
The company is taking strategic decisions to expand its presence.
For instance,
- In November 2014, NATUREX launched a new product for senior citizens and successfully demonstrated that with the right ingredient solutions, there remains enormous potential to create new products that offer older consumers fresh, exciting, and effective choices while ensuring compliance with the rules. This has helped the company by increasing its customer base
The company has a presence in Europe, North America, Asia-Pacific.
OlivinoLife
OlivinoLife is is headquartered in California, U.S. The company is engaged in manufacturing and commercializing nutritional ingredients. The company operates in Olivino Dietary Supplement product category which is also the market-focused category.
The company has a presence in North America.
