Grapeseed Oil Market Projected to Reach $ 562 Million by 2025

Grapeseed Oil Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Factors such as Growing consumer awareness regarding health benefits and increasing adoption of grape seed oil in cosmetics products are contributing in the Market growth.

Grapeseed Oil Market is valued at USD 410 Million in 2018 and expected to reach USD 562 Million by 2025 with the CAGR of 4.6% over the forecast period.

Scope of Grapeseed Oil Market is as :

Grapeseed oil is pressed oil from the seeds of grapes. It is by-product of winemaking. Grapeseed oil is rich in vitamin E and phenolic antioxidants and it hashigh source of omega-6 polyunsaturated fats.It is widely used in pancakes, baked goods and waffles. Grapeseed Oil has several health benefits such as it treats acne outbreaks, it makes skin softer and more elastic, it evens out skin tone, it can protect skin from damage and many others.

Grapeseed Oil Market is segmented into product type and application. On the basis of product type the market is segmented into Body & Massage Oil, Lotion & Moisturizer and Cooking Oils. On the basis of application the market is segment the market is segmented into Skin Care, Essential oils and Food.

Key Players for Global Grapeseed Oil Market Reports–

Globally Manufacturers such as NOW Foods, Life-flo, Heritage, Plant Therapy Essential Oils, Cococare Products, WholeVine Products, AFU, La Tourangelle, Food & Vine, Aura Cacia, Bonelli Foods, Follow Your Heartand Others are contributing in the Market Growth.

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NEWS:

Grapeseed oil is used for skin, hair and heart.

On October 9, 2019, Times now News has released news about benefits of Grapeseed Oil use for skin, hair and heart. The use of grapeseed oil appeared to have become very popular. Many people claim that grapeseed oil can provide various health benefits to both internally and externally. It is a by-product of winemaking. The grapeseeds are left behind when grapes are crushed for making wine and this Grapeseed oil is extracted from these seeds. It is used as cooking oil as it has become popular. However, some argument does frame the belief if grapeseed oil is healthy or not.

Commercially available grapeseed oil is processed with chemical solvents like hexane and this is the main reason for this. Hexane is further classified as an air pollutant. Whereas, more research is to be required for understanding the effects of these solvents on the human body and it may be unhealthy when it enters in very small amount. The oil is also heated at very high temperature, which can lead to chemical alterations in the oil during processing. The oil may get tarnished and go bad. However, some varieties are expeller-pressed or cold-pressed and also do not use solvents while processing. They are probably a better choice than grapeseed oil made with solvents.

Increasing Consumer Awareness regarding Health Benefits is driving the growth of the market.

Grapeseed oil has Health benefits such as lowering cholesterol, arthritis, diabetes, asthma, acne, wound healing, and other diseases. For instance, According to American Heart Association, 46 Million (48.6%) US adults over 40 years of age are eligible for statin therapy on the basis of the 2013 guideline for managing blood cholesterol from the American College of Cardiology and the American Heart Association. Andalso increasing consumer awareness about the health benefits of PUFA’s as consumption of PUFAs is associated with an increase of omega-6 & omega-3 in the body which forms a vital part in maintaining human health. Hence increased in consumer awareness about health benefits is driving the market growth. In addition, increasing adoption of grape seed oil in cosmetics products such as lip balm, moisturizers, sunscreen lotion, creams and many others is another factor to fuel the market growth. For instance, total cosmetics market was valued at €63.5 billion in 2006, compared to €38.2 billion in the U.S., €23.7 billion in Japan, and €8.2 billion in China. Moreover, increasing demand for grape seed oil in the healthcare sector is expected to support growth of the global market n forecast period. However, the high production cost of the grape seed oil is restraining the market growth.

North America is dominating the Grapeseed Oil Market.

Geographically, North America region is dominating the Grapeseed Oil Market. This is due to the presence of major manufacturing and rapidly growing food sector in countries such as the US and Canada in this region.According to Committee for Economic Development, The food and beverage industry has nearly 27,000 establishments employing 1.46 million workers and accounts for about 13% of all US manufacturing employment and about 1% of all US nonfarm employment. Also, increasing consumer base in the U.S., choosing for organic cosmetic products due to their chemical free nature and skin enhancing abilities is to have a positive impact on the grapeseed oil market growth into the region.

Key Benefits for Global Grapeseed Oil Market Reports –

● Global market report covers in depth historical and forecast analysis.

● Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

● Global market report helps to identify opportunities in market place.

● Global market report covers extensive analysis of emerging trends and competitive landscape.

Global Grapeseed Oil Market Segmentation –

By Product Type

● Body & Massage Oil

● Lotion & Moisturizer

● Cooking Oils

By Application

● Skin Care

● Essential oils

● Food

By Regional & Country Analysis:

● North America

o U.S.

o Canada

● Europe

o U.K.

o France

o Germany

o Italy

● Asia Pacific

o China

o Japan

o India

o Southeast Asia

● Latin America

o Brazil

o Mexico

● Middle East and Africa

o GCC

o Africa

o Rest of Middle East and Africa

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