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Grape Seed Extracts Market Size

Report ID: GMI5008
Published Date: Mar 2021
Report Format: PDF

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Grape Seed Extracts Market Size

Grape seed extracts market size exceeded USD 135 million in 2020 and is estimated to witness over 7.5% CAGR between 2021 and 2027. Increasing necessity to enhance nutritional content in personal care, cosmetics, food & beverage products should drive grape seed extracts industry growth.

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Grape seed extracts are obtained from whole grape seed which contains high procyanidins content, that is rich in antioxidants such as phenolic acids, flavonoids, and anthocyanins. These substances also aid in maintaining healthy eyes, skin and, immunity levels resulting in the efficient functioning of all the systems. Moreover, rising need for antioxidant, vitamin C & E based supplements among geriatric populace will fuel the product demand. Strong outlook in cosmetic, functional food & beverage products due to its antifungal, antioxidant, and oligomeric procyanidins (OPC) properties will fuel the market demand. Also, adoption of microencapsulation and nano-encapsulation techniques in food industry will influence the overall market dynamics.

Grape Seed Extracts Market Report Attributes
Report Attribute	Details
Base Year:	2020
Grape Seed Extracts Market Size in 2020:	USD 135 million
Forecast Period:	2021 to 2027
Forecast Period 2021 to 2027 CAGR:	7.7%
2027 Value Projection:	USD 227 million
Historical Data for:	2016 to 2020
No. of Pages:	250
Tables, Charts & Figures:	175
Segments covered:	Form, Application, Region
Growth Drivers:	Increasing demand for functional food and dietary supplements Booming cosmetics industry Growing demand for pharmaceuticals along with rising number of patients with obesity and cardiovascular ailments
Pitfalls & Challenges:	Product instability at high temperature and limited solubility in water

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Key health benefits such as reduction in swelling caused by injury, lowering lipid level in blood, anti-aging properties, improved eye health, and insulin sensitivity will drive product demand. Diseases such as macular degeneration, atherosclerosis, nerve damage, and high cholesterol can be treated by optimal consumption of grape seed extract. The product is used in numerous end-use industries including food & beverages, cosmetics & personal care, dietary supplements, and pharmaceuticals. Also, the growing demand for natural ingredients in cosmetic products along with penetration of clean label movement will have a positive impact on grape seed extracts market share.

Companies invest in product innovations to purify, improvise, and evaluate their products through technological upgradations for obtaining varying stability dispersibility and, flowability levels. Polyphenol content of the product reduces metabolic syndrome, prevents obesity health problems, and supports cardiovascular health and wellness, which should raise product demand. Growing consumer health consciousness and trend towards consumption of plant-based products will augment the overall industry size.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global market for grape seed extracts was valued at USD 135 million in 2020 and will grow at a CAGR of more than 7.5% through 2027.

The market size from powder grape seeds extracts was recorded at more than 6.9 kilo tons in terms of volume in 2020 and will grow with its increasing usage in functional food & beverage products and dietary supplements.

The overall market revenue from food and beverages applications will surpass USD 74 million by 2027 owing to the rising demand for antimicrobial agents and plant-based antioxidants in various products.

North America market for grape seed extracts will cross USD 89 million in terms of revenue by 2027 with the increasing development of pharmaceuticals industry in the region.