Grapeseed Oil Market Size & Share 2023 to 2032
Market Size by Extraction Process (Mechanical, Chemical), by Application (Food & Beverages, Cosmetics, Healthcare), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Landscape & Forecast.
Report ID: GMI4394
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Published Date: January 2023
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Report Format: PDF
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Authors:
Kiran Pulidindi, Kunal Ahuja
Grapeseed Oil Market Size
Grapeseed Oil Market size exceeded USD 480 million in 2022 and is projected to expand at more than 4% CAGR from 2023 to 2032.
Grapeseed Oil Market Key Takeaways
Market Size & Growth
Key Market Drivers
Challenges
The increasing emphasis of consumers on sustainability and environmental protection has stirred the demand for eco-friendly and sustainable products. The COVID-19 pandemic has also acted as a potential booster to prompt the public interest and concerns for nature, compelling several food-based companies to come up with options that support the environment. The production of grapeseed has thus picked up pace as it is relatively sustainable with no significant damages to air, soil, water, land, and forests. In recent years, organic or locally produced grapeseed oil has emerged as a sustainable choice in comparison to many other cooking oils. Hence, manufacturers and customers are actively ramping up their capacities to cater to the growing need for grapeseed oil.
Presence of toxic elements in the production process to impede product demand
Grapeseed oil is produced from both sustainable processes as well as chemical extraction & refinement and hot-pressing techniques. However, most of the commercially available grapeseed oil is derived using harmful chemical solvents, including hexane as they act as air pollutants and neurotoxins. Grapeseed oil also contains high levels of PAHs (polycyclic aromatic hydrocarbons), known for affecting human health. The rising concerns of overheating grapeseed oil as it may lead to oxidization and bad taste may also limit business development.
Grapeseed Oil Market Analysis
Grapeseed oil market valuation from the chemical extraction process segment is anticipated to reach USD 260 million by 2032. Grapeseed oil is mainly derived by using chemical extraction and refinement. In order to produce oil that contains several valuable contents, such as lecithin and vitamin E, grape seeds would be required to be cold-pressed. Furthermore, transesterification and epoxidation processes are increasingly employed in the production of grapeseed oil. Rising popularity of deriving grapeseed oil using chemical solvents, like hexane as well as extraction with petroleum ether will also play an ideal role in the industry expansion.
Grapeseed oil market from the cosmetic application segment is predicted to observe nearly 4% growth rate through 2032, driven by its increasing penetration in skin care products as it helps moisturize and dehydrated the skin as well as reduce the appearance of wrinkles and fine lines. Grapeseed oil is largely used in making cosmetics as it possesses the properties of being light and colorless while helping in penetrating, stimulating, as well as cleaning the skin well without impart an oily film. It also offers regenerative and moisturizing qualities. The presence of procyanidin in the oil to support tissue elasticity is another important factor driving the industry outlook.
Asia Pacific grapeseed oil market size is expected to register over USD 140 million by 2032, powered by the surging usage of cosmetics & personal care products in the region. Japan is home to around 3,000 beauty care companies, including global brands that cater to the surging need for skincare products. The growing interest of consumers in knowing the contents of cosmetics has increased the preference for grapeseed oil on account of its numerous benefits. The increasing disposable incomes has prompted the higher consciousness for personal appearance. The escalating demand from the pharmaceutical sector will also help propel the business expansion in the region.
Grapeseed Oil Market Share
Top participants operating in the global grapeseed oil market include
These players are placing persistent efforts on various growth-driven strategies and capacity expansions to reinforce their geographical presence and scale up their revenues. To illustrate, in May 2021, Pietro Coricelli reported that it had a turnover of €125.8 million in FY 2020, up 8% year-on-year.
Impact of COVID-19 Pandemic
The COVID-19 outbreak had a positive impact on the grapeseed oil market due to its higher potential in helping prevent the SARS-CoV-2 infection. Grapeseed oil recorded significant consumption impelled by its antibacterial and antiviral properties, supported by a rising number of research activities. To illustrate, a team of researchers across the U.S. demonstrated the role of grapefruit seed extract (GSE) in potentially limiting the rate of infection through nasal sprays. The increasing preference for natural grapefruit seed extract (GFSE) for its beneficial therapeutic effects also influenced the industry progression during the pandemic.
The grapeseed oil market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons and revenue in USD Million from 2018 to 2032, for the following segments:
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Market Insights, By Extraction Process
Market Insights, By Application
Market Insights, By Region
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
Security & defense sector journals and trade press
Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →