Grape Seed Extracts Market: Top Key Players, Trends, Scope and Segmentation, 2025
The
global Grape
Seed Extracts Market size is expected to reach USD 201.2 million by
2025, according to a new report by Grand View Research, Inc., exhibiting a 7.6%
CAGR over the forecast period. Major factors contributing to market growth are
rising consumer awareness regarding healthy lifestyle and consumption of
nutritious foods, as well as increasing focus on physical appearances. It has
been observed that a large number of manufacturers of health and nutrition
supplements use grape seed extract as an ingredient due to its oligomeric
procyanidins (OPC) properties. These properties are beneficial for the
treatment of conditions such as atherosclerosis, high cholesterol, poor blood
circulation, macular degeneration, and nerve damage.
Revenue
generated by the powdered segment accounted for a share of more than 80.0% in
2018. High ease of incorporation of powder as functional ingredient in
manufacturing of food and beverages, personal care products, and nutritional
supplements is expected to ensure the dominance of the segment over the
forecast period. Furthermore, growing popularity of dietary supplement powders
among adults in breakfast and evening meals to maintain fitness is expected to
compel nutraceutical manufacturing companies to incorporate grape seed extract
as a functional ingredient to their products.
The
food and beverage segment is expected to value more than USD 25.0 million by
2025. Segment growth can be attributed to increasing number of health-conscious
consumers on a global level, who are turning to convenience foods with high
nutritional value.
Asia
Pacific is expected to witness the fastest growth from 2019 to 2025, exhibiting
a CAGR of 9.4%. Expansion of middle-income groups in developing countries such
as China, India, Pakistan, and Bangladesh is expected to remain a favorable
factor for market growth, reflecting a spike in product application in the food
and beverage as well as personal care sectors. Furthermore, supportive
government policies aimed at increasing manufacturing output of food processing
in countries like China and India is expected to open new avenues for use of
grape seed extract as a functional ingredient in the near future.
Some
of the key players operating in this market are S.P.A.; Botanic Innovations
LLC; Polyphenolics; Naturex; Nexira; Augusto Bellinvia srl; NetQem LLC; Hunan
NutraMax Inc.; Jianhe Biotech Co., Ltd.; and Piping Rock Health Products, LLC.
Various manufacturers are concentrating on new product launches and
technological innovation and are collaborating with other companies to increase
their product offerings and strengthen their foothold in the market.
Grape Seed Extracts Market Report Highlights
- By product,
the liquid segment is projected to register a CAGR of 9.8% from 2019 to
2025 owing to its antibacterial, parasiticidal, antiviral, cytoprotective,
antifungal, and mucosa repairing properties
- Based on
application, the personal care segment generated a revenue of USD 32.1
million in 2018. Incorporation of grape seed extracts in these products
helps in maintaining skin moisture, reducing inflammation, and minimizing
fine lines and wrinkles
- North
America dominated the global grape seed extracts market in 2018 with a
share of 43.3%. Increasing consumer awareness regarding a medicine-free
lifestyle as well as greater spending on health and wellness have resulted
in the growth of the regional market
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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