Global Grape Seed Extract Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Product Type Application, and Region (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa )

Market Overview

Grape seed extracts are nutritional supplements made by extracting, drying, and crushing grape seeds. Antioxidants including anthocyanins, phenolic acids, and flavonoids are abundant in these seeds. Additionally, grape seed extracts have antiviral, antifungal, and antibacterial activities. It is a commercially produced derivative of grape seeds containing linoleic acid, resveratrol, vitamin E, and vitamin P (bioflavonoids).

According to Ken Research Analysis, the Global Grape Seed Extract Market was valued at ~US$ 100 million in 2017. it is estimated to be ~US$ 150 million by 2022 and is expected to reach a market size of ~US$ 230 million by 2028 growing at a CAGR of 8% during the forecast period (2022-2028). The increasing demand for grape seed extract as a functional ingredient that promotes immune system improvement, weight loss, and cellulite reduction is anticipated to have a significant impact on the market expansion.

The increasing demand for grape seed extract as a functional ingredient that promotes immune system improvement, weight loss, and cellulite reduction is anticipated to have a significant impact on the market expansion. Additionally, these grape seed extracts are suggested for the treatment of conditions including candidiasis, throat infections, earaches, and diarrhea, which have a huge positive impact on market growth.

For instance, coronary heart disease (CHD) causes 370,000 deaths per year. By this, dietary supplement producers are anticipated to use grape seed extracts in the production of health supplements more frequently throughout the resultant few years to reduce the incidence of cardiovascular diseases.

The grape seed extract market's growth is anticipated to be restricted by the possibility that excessive use of grape seed extracts could result in allergic reactions and other health problems. Additionally, grape seed extract's high cost may prove to be a market obstacle during the forecast period.

COVID-19 has tended to make people more health conscious, which has increased demand for health supplements, and thus, grape seed extract. In October 2021, Xclear Inc. has released positive clinical trial results for its innovative COVID-19 nasal spray, which comprises grape seed extract and xylitol. As a result, grape seed extract became more popular.

Scope of the Report

The Grape Seed Extract Market is segmented by product and application. In addition, the report also covers market size and forecasts for the four region's Grape Seed Extract Market. The revenue used to size and forecast the market for each segment is US$ million.

By Product Type

Powder

Liquid

Gel

By Application

Food & Beverages

Personal Care

Nutritional Supplement

Pharmaceutical

Others

By Geography

North America

USA

Canada

Mexico

Europe

Germany

UK

France

Spain

Italy

Rest of Europe

Asia-Pacific

China

Japan

South Korea

India

Indonesia

AustraliaRest of Asia Pacific

LAMEA

Latin America

Middle East

Africa

Key Companies

Polyphenolics

Nexira

Naturex

Botanic

Indena S.p.A.

Hunan NutraMax Inc.

NetQem

PipingRock Health Products

Jianhe Biotech Co., Ltd

Bhooratna agri processors

Key Trends by Market Segment

By Product Type: Powdered segment held the largest market share in 2021, as most of the dietary and nutraceutical supplements contain powdered grape seed extracts, which is highly preferred among consumers due to its low cost and easier usability.

As per consumer preferences, powdered grape seed extract is a common ingredient in dietary supplements and nutraceuticals. For instance, a UK-based company, Bulk Powder, has introduced a red grape seed extract powder that is suitable for lactose and gluten intolerance sufferers.

The use of the substance in several cosmetic formulations, medicinal tablets, and dietary supplements has increased due to excellent results of the powder form in the encapsulation process. In addition, the product is used to boost immune functioning, stop hair loss, and manage oxidative stress, all of which are intended to promote segment growth.

Numerous studies have suggested that nanofibers containing powdered grape seed extract have the potential to be included in food packaging materials to extend the shelf life of goods by preventing the oxidation events that take place in foods.

By Application: Nutritional supplements segment held the largest market share in 2021 in the Global Grape Seed Extract Market, as these supplements are used for a variety of objectives, including supporting the cardiovascular system, maintaining beauty, and enhancing vision.

Due to a shift in the public's attention to health and fitness, sports nutrition has also become popular. Through sponsorships and social media platforms, fitness enthusiasts and professional athletes are motivating individuals to maintain their health and fitness. People are being encouraged to adopt a healthy lifestyle that lowers the risk of contracting diseases like diabetes, obesity, and cardiovascular diseases.

By Geography: North America accounted for the largest market share in 2021, due to the increased use of personal care products and nutritional food supplements. These have produced a substantial demand for grape seed extracts in North America.

The large presence of grape seed extract companies in the USA is a major factor for this dominance. The Synergy Company, ConnOils LLC, and Polyphenolics are a few of the major producers of grape seed extracts in North America.

The grape seed extract market is being driven by rising consumer awareness of leading a medicine-free lifestyle. Consumer expenditure on wellness, fitness, and health has increased recently. In North America, there is a huge demand for grape seed extracts due to the rising popularity of natural/organic cosmetics and dietary supplements.

Competitive Landscape

The Grape Seed Extract Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in grape seed extract.

Country-niche players constitute ~65% of the market, while regional players constitute ~30% of the total number of competitors. Some of the major players in the market include Polyphenolics, Nexira, Naturex, Botanic, Indena S.p.A., Hunan NutraMax Inc., NetQem, PipingRock Health Products, Jianhe Biotech Co., Ltd, and Bhooratna agri processors.

Recent Developments Related to Major Players

In November 2021, Nexira acquired the Swiss firm UNIPEKTIN Ingredients AG, a leader and expert in natural hydrocolloids and premium ingredients. The acquisition aids the company's fast-growing market segments for plant-based, dairy-free, and meat-replacement products as well as its client base.

In July 2021, in Extremadura's Hervas, Natac built a new production facility that enables the expansion of many of its product lines. This growth enabled the business to serve a larger consumer base and boost output.

In January 2018, Benepure Corporation agreed to sell and collaborate with Hunan Kingti Bio-Tech Co., Ltd. According to the agreement, Sichuan Benepure will provide Hunan Kingti with a technical team to guide manufacturing, enhance production volume, and improve product output. On the other hand, this enabled the business to enhance the supply of its goods to potential clients.

Conclusion

The Global Grape Seed Extract Market is forecasted to continue the exponential growth due to its increasing demand as a functional ingredient that promotes immune system improvement, weight loss, and cellulite reduction. These factors are anticipated to have a significant impact on the market expansion. Though the market is highly competitive with ~200 players, few global players control the dominant market share and regional players also hold a significant market share.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of two working weeks.

Key Topics Covered in the Report

Snapshot of Global Grape Seed Extract Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Grape Seed Extract Market

Historic Growth of the Overall Global Grape Seed Extract Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter's 5 Forces Analysis of the Global Grape Seed Extract Industry

Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors

COVID-19 Impact on the Overall Global Grape Seed Extract Market

Future Market Forecast and Growth Rates of the Total Global Grape Seed Extract Market and by Segments

Market Size of Application / End User Segments with Historical CAGR and Future Forecasts

Analysis of Global Grape Seed Extract in Major Regions

Major Production/Supply and Consumption/Demand Hubs within Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

Polyphenolics

Nexira

Naturex

Botanic

Indena S.p.A.

Hunan NutraMax Inc.

NetQem

PipingRock Health Products

Jianhe Biotech Co., Ltd

Bhooratna agri processors

Notable Emerging Companies Mentioned in the Report

Ambe NS Agro Products Pvt. Ltd.

Midas Pharma GmbH

Fancy India Corp

Phyto Life sciences Ltd

Natac

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report

Grape Seed Extract Manufacturing Companies

Grape Seed Extract Distributors

Food & Beverage Association & Regulators

Investment Banks Targeting Food Industry

Grape Seed Extract Raw Material Supplier

Company Research and Development Institutes

Market Research & Consulting Firms

Banking and Financial Service Providers

Government & Regulatory Authorities

Investors in Food Start-ups

Start-ups & Incumbents in Food Sector

Certification & Inspection Companies

F&B Marketing Agencies

Dietary Supplement Manufacturers

Supermarkets & Hypermarkets

Online Retail Platforms

Period Captured in the Report

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

Frequently Asked Questions

What is the Study Period of this Market Report?

The Global Grape Seed Extract Market is covered from 2017-2028 in this report, which includes a forecast for the period 2022-2028.

What is the Future Growth Rate of the Global Grape Seed Extract Market?

The Global Grape Seed Extract Market is expected to witness a CAGR of ~8% over the next six years.

What are the Key Factors Driving the Global Grape Seed Extract Market?

The increasing demand for grape seed extract as a functional ingredient that promotes immune system improvement, weight loss, and cellulite reduction is anticipated to have a significant impact on the n market expansion.

Which is the Largest Product Segment within the Global Grape Seed Extract Market?

Powder held the largest market share of the Global Grape Seed Extract Market in 2021.

Who are the Key Players in the Global Grape Seed Extract Market?

Polyphenolics, Nexira, Naturex, Botanic, Indena S.p.A., Hunan NutraMax Inc., NetQem, PipingRock Health Products, Jianhe Biotech Co., Ltd, and Bhooratna agri processors are the major companies operating in Global Grape Seed Extract Market.