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Grape Seed Extracts Market By Form Type (Powder, Liquid, and Gel), By Application (Food, Pharmaceutical, Personal care and others) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

The grape seed extract is an industrial derivative of grape seeds; it contains many health-beneficial ingredients, such as carbohydrates, protein, polyphenols, and lipids. Grape seed extracts protect the blood vessel walls from inflammatory stress, the brain from low oxygen states, and the skin from UV radiation damage. Due to its benefits, these systems it has been shown to reduce the risk of skin cancer, protect against dementia, and improve blood pressure. Various studies have also shown the impact of grape seed extracts on slowing cancer growth and initiating cancer cell death. The grape seed extract is also a natural alternative to synthetic preservatives.

By type, powder and liquid types are widely used. They are extensively used in the food industry as dietary supplements. At present, powder and liquid forms account for more than one-third of the market share and are projected to maintain dominance over the coming few years. The gel-form grape seed extract is mainly used in the cosmetics industry.

By application, grape seed extracts are widely used in the food industry. Grape seed extracts are extensively used in various applications, such as functional food, functional beverages, and dietary supplements, among others. The rising trend of maintaining a healthy lifestyle by following organic and natural eating habits is projected to foster the grape seed extract market growth positively. The cosmetic segment is projected to be the fastest-growing application of grape seed extracts. The grape seed extract is considered one of the most valuable natural skin care ingredients. It is recognized as efficient across an extensive spectrum of skin types, conditions, and ages and is used in many skin care products.

The rising demand for antioxidants and dietary supplements among the senior population is projected to enhance the market growth. Increasing applications of grape seed extracts in the pharmaceutical, cosmetic, and food industries are projected to boost overall market demand.

Geographically, the grape seed extracts market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). At present, North America dominates the grape seed extract market and is projected to maintain its dominance over the coming few years. Europe accounts for the second-largest share of the grape seed extracts market due to favorable laws and regulations implemented. Asia Pacific is projected to be the fastest-growing market, driven by increasing usage of grape seed extracts in the food and pharmaceutical sectors. China and India are projected to witness significant growth over the coming years. The availability of raw materials in the Asia Pacific is also projected to contribute to the market's growth.

Based on form type, the grape seed extracts market is categorized into the following segments:

  • Powder Form
  • Liquid Form
  • Gel Form

In 2015, powder form accounted for the largest share and was valued at US$ 178.77 million. It is also projected to grow at the highest CAGR over the forecast period of 2016 to 2023. It contains a high amount of polyphenols, which are beneficial for human health. Therefore, it is widely used in the food industry as a dietary supplement. Followed by powder, liquid form accounts for the second-largest share of the market. Liquid grape seed extracts are widely used in the food and pharmaceutical sectors.

Grape seed extracts in the form of gel find their main application in cosmetics. Increasing applications of grape seed extracts in the pharmaceutical, cosmetic, and food industries are projected to boost overall market demand.

The global grape seed extracts market can be categorized based on applications as follows:

  • Food
  • Pharmaceuticals
  • Personal Care
  • Others

Grape seed extracts are widely used in various applications such as food, pharmaceuticals, personal care, etc. In 2015, the food segment accounted for the largest share of 49.9% in volume. The usage of grape seed extracts as an ingredient in the dietary supplement market is projected to boost overall growth. The growing trend of maintaining a healthy lifestyle coupled with the habit of eating natural and organic food products is one of the key factors driving the growth of the grape seed extract industry.

Due to its anti-aging and antioxidant properties, grape seed extract also finds application in personal and skin care products. Furthermore, grape seed extracts' uses in medicines and dietary supplements are gaining popularity worldwide. Increasing usage of grape seed extracts in the pharmaceutical and cosmetic industries is also projected to fuel industry growth over the coming years.

Based on geography, the global market for grape seed extracts is segmented into the following regions and countries:

  • North America
  • U.S.
  • rest of North America
  • Europe
  • EU7
  • CIS
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • South Asia
  • Australasia
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East and Africa
  • Latin America

In 2015, North America dominated the grape seed extracts market, which was projected to be worth USD 156.0 million. The growth in this region is driven by the increasing usage of grape seed extracts in the food and personal care sectors. The presence of multinationals also makes grape seed extract products easily assessable. In the same year, Europe was projected to account for the second-largest share of the grape seed extracts market owing to favorable laws that promote the manufacture of healthy food products. The grape seed extract market in Europe is projected to grow due to the increasing demand for dietary supplements.

Asia Pacific is projected to be the fastest-growing market owing to rising awareness about the nutritional and medicinal properties of grape seed extracts. Moreover, a growing senior population, diet issues, and skin diseases among people are also projected to boost the overall market growth in this region.

Frequently Asked Questions:

The market for Grape Seed Extracts Market is expected to reach US$ XX Bn in 2023.

The Grape Seed Extracts Market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2016-2023.

The base year of this report is 2015.

Naturias, Nexira, Augusto Bellinvia, NetQem, Earthoil are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Aug 2016
Category:  Food & Beverage
Report ID:   58056
Report Format:   PDF
Pages:   120
Rating:    4.2 (50)
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