Grape Seed Extracts Market size to exceed $227mn by 2027
Published Date: March 22, 2021 Authors: Kunal Ahuja, Kritika Mamtani
Grape seed extracts market size is set to surpass USD 227 million by 2027, according to a new research report by Global Market Insights, Inc
Growing awareness regarding multifunctional properties exhibited by the product in numerous end-use application industries will drive the grape seed extracts industry growth. The product contains phenolic compounds with anti-inflammatory, vasodilating & antioxidant properties that helps to dilate the constricted blood veins to reduce the tension and restore normal blood flow. Introduction of natural and organic ingredients in convenience food & beverage products will foster the demand for grape seed extract
Increasing consumer inclination towards maintaining a healthy diet will be a key factor influencing the market dynamics. Moreover, rising popularity of nutritional supplements among the young & geriatric populace owing to health consciousness will bolster product demand. The product is used in many medicinal formulations owing to its ability to treat heart issues including atherosclerosis. Also, strong demand for natural ingredients in soaps, shampoos, skincare, and hair care creams will spur the overall grape seed extracts market share.
Growing demand for liquid form in dietary supplements and functional food & beverage applications will foster product demand
According to market insights reports, key benefits offered by liquid product form such as improved, flexibility in dosing, palatable taste, easy absorption in body is anticipated to drive the market outlook. The liquid form of the product is widely used in solution preparation used for healing wounds. The liquid extracts increase the speed of wound healing and increases production of endothelial cells which is an essential factor for wound healing process which is likely to accelerate product penetration rate. Besides, rising demand for anti-aging creams, moisturizers, cleansers, and hair ointments will instigate the demand for liquid gel extracts in personal care & cosmetic formulations.
Liquid form is highly preferred in dietary supplement and food & beverage industry owing to benefits such as easy preparation, better stability, dispersibility and, absorption rate. Moreover, increasing consumer preference for liquid form owing to its antibacterial, parasiticidal, antiviral, cytoprotective, antifungal, and mucosa repairing properties will augment the segment demand. Stimulating government health programs and prolonged research for reducing the risk of major disorders such as cancer, obesity, and cardiovascular diseases will augment industry landscape.
“Grape seed extracts market from liquid form is forecast to witness over 4.5% CAGR between 2021 and 2027 owing to robust demand in health supplements, cosmetics and food & beverage industries”
Browse key industry insights spread across 250 pages with 153 market data tables and 22 figures & charts from the report, “Grape Seed Extracts Market Statistics, By Form (Liquid and Powder), Application (Food & Beverages, Cosmetics & Personal Care, Dietary supplements, Pharmaceutical), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:
Increasing product utilization in dietary supplements industry to fuel the grape seed extracts market forecasts
Grape seed extracts are rich in antioxidants, anthocyanins, proanthocyanin, and flavonoids thus are extensively utilized for production of dietary supplements. High content of antioxidants helps prevention of various diseases and protects against tissue damage, inflammation, and oxidative stress level. Moreover, surging popularity of plant-based antioxidants in dietary supplement formulation will promulgate the industry size. Consumer focus to maintain fitness and regulate body weight has enhanced product penetration in the dietary supplement industry. Besides, grape seed extracts also help to improve wound healing process, collagen levels, bone strength, and supports cardiovascular health. These factors will boost the segment demand.
“Grape seed extracts market size from dietary supplements applications should register over 7% CAGR through 2027, pertaining to health benefits of the product”
China, Japan, India, South Korea, and Australia are among the key nutraceuticals manufacturing countries in Asia Pacific region. The region is characterized by strong potential market for functional foods & beverage products, nutraceutical supplements, and cosmetics. Factors such as rising purchasing power, liberalization of FDI in food industry, and consumer awareness for maintaining health & fitness will fuel the regional market size. Besides, ongoing trends towards use of natural ingredients in functional food, supplements, and cosmetic industries will further augment the business expansion in the region.
Key market participants in grape seed extracts market are 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.