Grape Seed Extracts Market Size, By Form (Liquid and Powder), By Application (Food & Beverages, Cosmetics & Personal Care, Dietary supplements, Pharmaceutical), Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027

Industry Trends

Grape seed extracts market size exceeded USD 135 million in 2020 and is estimated to witness over 7.5% CAGR between 2021 and 2027. Increasing necessity to enhance nutritional content in personal care, cosmetics, food & beverage products should drive grape seed extracts industry growth.
 

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Grape seed extracts are obtained from whole grape seed which contains high procyanidins content, that is rich in antioxidants such as phenolic acids, flavonoids, and anthocyanins. These substances also aid in maintaining healthy eyes, skin and, immunity levels resulting in the efficient functioning of all the systems. Moreover, rising need for antioxidant, vitamin C & E based supplements among geriatric populace will fuel the product demand. Strong outlook in cosmetic, functional food & beverage products due to its antifungal, antioxidant, and oligomeric procyanidins (OPC) properties will fuel the market demand. Also, adoption of microencapsulation and nano-encapsulation techniques in food industry will influence the overall market dynamics.
 

Key health benefits such as reduction in swelling caused by injury, lowering lipid level in blood, anti-aging properties, improved eye health, and insulin sensitivity will drive product demand. Diseases such as macular degeneration, atherosclerosis, nerve damage, and high cholesterol can be treated by optimal consumption of grape seed extract.  The product is used in numerous end-use industries including food & beverages, cosmetics & personal care, dietary supplements, and pharmaceuticals. Also, the growing demand for natural ingredients in cosmetic products along with penetration of clean label movement will have a positive impact on grape seed extracts market share.
 

Companies invest in product innovations to purify, improvise, and evaluate their products through technological upgradations for obtaining varying stability dispersibility and, flowability levels. Polyphenol content of the product reduces metabolic syndrome, prevents obesity health problems, and supports cardiovascular health and wellness, which should raise product demand. Growing consumer health consciousness and trend towards consumption of plant-based products will augment the overall industry size.
 

Benefits such as extended shelf life, low cost and better convenience offered by powder form to boost overall market share

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Grape seed extracts market is bifurcated based on form such as liquid and powder. Powder segment exceeded 6.9 kilo tons in 2020 owing to its widescale utilization in dietary supplements and functional food & beverage products. Moreover, excellent results of powder form in encapsulation process have augmented the utilization of product in numerous cosmetic formulations, pharmaceutical tablets, and supplements. Besides, the product is used for strengthening immune system, prevent hair loss, and control oxidative damage which is expected to stimulate segment growth.
 

Several studies reveal that nanofibers containing grape seed extracts powder can have the potential to be incorporated into packaging materials to increase the shelf life of foods by preventing the oxidation reactions occurring in foods. Increasing prevalence of gluten-free and lactose intolerance among the consumer supported by rising health consciousness has urged the manufacturers to develop innovative products to serve the ongoing consumer demand. For instance, Bulk Powder, a UK based company launched grape seed extracts powder made from red grapes, which can be consumed by lactose and gluten intolerant consumers.
 

Rising consumer awareness pertaining to powerful antimicrobial and antioxidants properties will foster product demand in food & beverage applications

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Grape seed extracts market is bifurcated based on application as food & beverages, cosmetics & personal care, dietary supplements, and pharmaceutical. Food & beverages segment will witness high demand owing to the surging demand for plant-based antioxidants and antimicrobial agents in numerous products. The segment will generate revenue of over USD 74 million by 2027. ActiVin is an antioxidant present in the product which is used for its application in health drinks, dairy products, and bars. Besides, ActiVin is also used in flavor formulation in functional food and beverages without affecting the final flavor of the product.
 

Positive application scope of product as preservatives in meat items will propel the market statistics. Several studies reveal that adding high concentration of grape seed extracts in processed meat reduces the level of oxidative stress, without affecting the colour. Thus, grape seed extracts are widely utilized in food & beverage industry and are seen to replace synthetic preservatives such as BHT and BHA in future.  Also, willingness of consumers to pay more for food & beverage products fortified with natural ingredients will boost the overall industry outlook.
 

North America grape seed extracts market growth is attributed to steady development of pharmaceuticals industry and high focus on health and fitness

North America grape seed extracts market will reach more than USD 89 million by 2027. The region is witnessing rising demand for nutritional supplements owing to growing inclination towards health, fitness, wellness, and adoption of a healthy diet, particularly in the U.S. Factors such as busy lifestyle, aging population, and increasing populace with high blood pressure, diabetes, kidney disease, and cardiovascular disease will fuel the industry size. Also, changing dietary habits, rising dietary supplement consumption accompanied by increasing healthcare spending per capita are among the key factors supporting the regional growth. Surge in diabetes and obesity patients in the region coupled with increasing awareness on weight-loss programs and dietary products will boost the regional industry forecasts.
 

Strong growth in pharmaceutical industry along with increasing R&D activities in the region will drive the product demand. Presence of leading manufacturers and raw material suppliers in the region will offer myriad opportunities for regional growth. Moreover, increasing investments in pharmaceutical industry for development of medicines along with rising number of chronic diseases will fuel business expansion.
 

Strategic acquisition is the primary business strategy adopted by manufacturers

Grape seed extracts market is fragmented and includes various market players such as Botanic Innovations LLC, Polyphenolics, Nexira, Naturex, Ajinomoto OmniChem, Ambe NS Agro Products Pvt Ltd, Fancy India Corp, Phyto Life sciences Ltd, Natac and JF Natural.
 

Global grape seed extracts market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons and revenue in USD thousand from 2016 to 2027 for the following segments:

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By Form

• Liquid
• Powder

By Application

• Food & Beverages
• Cosmetics & Personal Care
• Dietary Supplements
• Pharmaceutical
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Thailand
• Latin America
  • Brazil
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa