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Grapeseed oil market valuation from the chemical extraction process segment is anticipated to reach USD 260 million by 2032. Grapeseed oil is mainly derived by using chemical extraction and refinement. In order to produce oil that contains several valuable contents, such as lecithin and vitamin E, grape seeds would be required to be cold-pressed. Furthermore, transesterification and epoxidation processes are increasingly employed in the production of grapeseed oil. Rising popularity of deriving grapeseed oil using chemical solvents, like hexane as well as extraction with petroleum ether will also play an ideal role in the industry expansion.
Grapeseed oil market from the cosmetic application segment is predicted to observe nearly 4% growth rate through 2032, driven by its increasing penetration in skin care products as it helps moisturize and dehydrated the skin as well as reduce the appearance of wrinkles and fine lines. Grapeseed oil is largely used in making cosmetics as it possesses the properties of being light and colorless while helping in penetrating, stimulating, as well as cleaning the skin well without impart an oily film. It also offers regenerative and moisturizing qualities. The presence of procyanidin in the oil to support tissue elasticity is another important factor driving the industry outlook.
Asia Pacific grapeseed oil market size is expected to register over USD 140 million by 2032, powered by the surging usage of cosmetics & personal care products in the region. Japan is home to around 3,000 beauty care companies, including global brands that cater to the surging need for skincare products. The growing interest of consumers in knowing the contents of cosmetics has increased the preference for grapeseed oil on account of its numerous benefits. The increasing disposable incomes has prompted the higher consciousness for personal appearance. The escalating demand from the pharmaceutical sector will also help propel the business expansion in the region.