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

Grape seed extracts is an industrial derivative of grape seeds; it contains a vast array of health-benefiting ingredients, such as carbohydrates, protein, polyphenols and lipids. Grape seed extracts also 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 on 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. Grape seed extracts is also used as a natural alternative to synthetic preservatives.

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

By application, grape seed extracts are widely used in the food industry. Grape seed extracts are extensively used across 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 habit is projected to foster the grape seed extracts market growth positively. Cosmetic segment is projected to be the fastest growing application of grape seed extracts. Grape seed extracts is considered to be one of the most valuable natural skin care ingredients. It is recognized as being 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 geriatric population is projected to enhance market growth. Increasing applications of grape seed extracts in the pharmaceutical, cosmetic and food industries is projected to boost overall market demand.

Geography wise grape seed extracts market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW).  At present, North America dominates the grape seed extracts market and 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 & pharmaceutical sector. China and India are projected to witness significant growth over the coming few years. The availability of raw materials in Asia Pacific is also projected to contribute towards the growth market.

On the basis of geography, the global grape seed extracts market is segmented as per 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 and was projected to be USD 156.0 million. The growth in this region is driven by increasing usage of grape seed extracts in food and personal care sector. Presence of multinationals also make grape seed extracts 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 which promotes to manufacture healthy food products. The grape seed extracts market in Europe is projected to grow on account of 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 growing geriatric population, diet issues and skin diseases among people are also projected to boost overall market growth in this region.

 

Grape Seed Extracts Market

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