Grape Seed Extract Market is anticipated to grow at a CAGR of 8.1%, till 2028

The Grape Seed Extract Market was estimated around USD 141 million in 2020 and is expected to grow at a CAGR of 8.1%, over the forecast period (2021-2028).

The factors driving growth of the Grape Seed Extract Market includes increasing use of grape seed extracts in dietary food supplements and personal care products, rising prevalence of heart related diseases, obesity, throat infections and diarrhea, and improvements in the living standards. According to the report published by World Health Organization (WHO), diarrhea kills approximately 525,000 children below the age of 5, almost 1.7 billion cases of childhood diarrhoeal disease are reported every year worldwide, which is expected to boost the demand for grape seed extracts in the coming years. Moreover, grape seed extracts cellulite, enhances immune system, reduces excess body weight, promotes wound healing, minimizes inflammation, and are used to treat venous insufficiency, are some of the features pushing the Grape Seed Extract Market size. Additionally, the growing adoption of cutting-edge technology by manufacturers, the rise in the number of new goods being introduced, and the rising rates of population growth are all adding to the market's expansion.

However, growth of the market is hindered attributed to its high price ang growing concerns related to allergies arising from grape seed extract products.

The leading players operating in the market are Jianhe Biotech Co., Ltd., Beijing refine biology Co., Ltd., Ambe Ns Agro Products Pvt. Ltd., Indena, Alvinesa, Botanic Innovations, LLC, Phyto Life Sciences P. Ltd., California Natural Color, NetQem LLC, and Nexira among others.

Based on Form, the Powder segment is predicted to grow at a significant CAGR during the forecast period

Increasing use of powdered grape seed extracts in dietary and nutraceutical supplements, is pushing the segment’s growth.

Based on Application, the Cosmetics & Personal Care segment is projected to expand at a robust CAGR over the forecast period

Grape seed extracts are increasingly used in beauty and personal care products because it protects skin from UVA and UVB radiation, and enhances cell turnover, which is propelling growth of the segment.

Based on Region, the North American region is anticipated to grow at a remarkable CAGR during the forecast period

Rise in consumers spending on dietary supplements, rising prevalence of heart related diseases cross United States and Canada, presence of the leading players such as Botanic Innovations, LLC, California Natural Color, and NetQem LLC, and high per capita incomes, are some of the important factors augmenting the Grape Seed Extract Market share in North America.

Key Development

Market Segmentation

Segmentation by Form

Segmentation by Application

Segmentation by Region

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