Asia Pacific Grape Seed Extract Market Size & Outlook
Asia Pacific grape seed extract market, 2017-2030 (US$M)
Related Markets
Asia Pacific grape seed extract market highlights
- The Asia Pacific grape seed extract market generated a revenue of USD 53.3 million in 2023.
- The market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, powder was the largest revenue generating product in 2023.
- Liquid is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 53.3 million |
| Market revenue in 2030 | USD 98.0 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Powder |
| Fastest growing segment | Liquid |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powder, Liquid |
| Key market players worldwide | Naturex, NetQem, Botanic Innovations, Polyphenolics, Nexira, Hunan Nutramax, Piping Rock Health Products, LLC |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.4% of the global grape seed extract market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 98.0 million by 2030.
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Grape Seed Extract Market Scope
Grape Seed Extract Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific grape seed extract market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to grape seed extract market will help companies and investors design strategic landscapes.
Powder was the largest segment with a revenue share of 75.05% in 2023. Horizon Databook has segmented the Asia Pacific grape seed extract market based on powder, liquid covering the revenue growth of each sub-segment from 2017 to 2030.
Asia Pacific was the leading grape-producing region in 2020. This can be attributed to the presence of major grape-producing countries such as China, India, and Australia. Besides, wine production has been growing significantly in the region, particularly in developing countries such as India and China, due to high demand for the product from the urban consumers of these countries.
In 2020, China had the second-largest vineyard area in the world pf about 883 thousand hectares; thus, extensive production of grape and wine results in abundant availability of grape seeds, which are the primary raw material for grape seed extracts.
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Target buyers of Asia Pacific grape seed extract market databook
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Our clientele includes a mix of grape seed extract market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific grape seed extract market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific grape seed extract market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific grape seed extract market size, by country, 2017-2030 (US$M)
Asia Pacific Grape Seed Extract Market Outlook Share, 2023 & 2030 (US$M)
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