Market revenue in 2023 | USD 4.3 million |
Market revenue in 2030 | USD 7.2 million |
Growth rate | 7.7% (CAGR from 2023 to 2030) |
Largest segment | Powder |
Fastest growing segment | Liquid |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 76.74% in 2023. Horizon Databook has segmented the Brazil grape seed extract market based on powder, liquid covering the revenue growth of each sub-segment from 2017 to 2030.
Furthermore, the market in Brazil is expected to progress at a significant growth rate of 7.5% over the forecast period. Increasing purchasing power of consumers owing to the steady economic growth of the country over the past few years is expected to boost the demand for dietary supplements, which, in turn, is expected to augment the demand for herbal ingredients such as grape seed extract in the country.
Brazil was the fourth-largest beauty market in the world, after the U.S., Japan, and China, in 2020. The growing trend of organic, natural, and vegan beauty coupled with rising penetration of e-commerce in the country is anticipated to increase the demand for plant-based ingredients such as grape seed extract.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil grape seed extract market , including forecasts for subscribers. This country databook contains high-level insights into Brazil grape seed extract market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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