Grapeseed Oil Market Size

Grapeseed Oil Market Size

Grapeseed Oil Market size exceeded USD 480 million in 2022 and is projected to expand at more than 4% CAGR from 2023 to 2032.

The increasing emphasis of consumers on sustainability and environmental protection has stirred the demand for eco-friendly and sustainable products. The COVID-19 pandemic has also acted as a potential booster to prompt the public interest and concerns for nature, compelling several food-based companies to come up with options that support the environment. The production of grapeseed has thus picked up pace as it is relatively sustainable with no significant damages to air, soil, water, land, and forests. In recent years, organic or locally produced grapeseed oil has emerged as a sustainable choice in comparison to many other cooking oils. Hence, manufacturers and customers are actively ramping up their capacities to cater to the growing need for grapeseed oil.

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Presence of toxic elements in the production process to impede product demand

Grapeseed oil is produced from both sustainable processes as well as chemical extraction & refinement and hot-pressing techniques. However, most of the commercially available grapeseed oil is derived using harmful chemical solvents, including hexane as they act as air pollutants and neurotoxins. Grapeseed oil also contains high levels of PAHs (polycyclic aromatic hydrocarbons), known for affecting human health. The rising concerns of overheating grapeseed oil as it may lead to oxidization and bad taste may also limit business development.