India Grape Seed Extract Market Size & Outlook, 2023-2030
India grape seed extract market, 2017-2030 (US$M)
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India grape seed extract market highlights
- The India grape seed extract market generated a revenue of USD 8.4 million in 2023 and is expected to reach USD 16.4 million by 2030.
- The India market is expected to grow at a CAGR of 10% 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.
Grape seed extract market data book summary
| Market revenue in 2023 | USD 8.4 million |
| Market revenue in 2030 | USD 16.4 million |
| Growth rate | 10% (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 |
Other key industry trends
- In terms of revenue, India accounted for 4.8% of the global grape seed extract market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan grape seed extract market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 16.4 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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India 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 76.19% in 2023. Horizon Databook has segmented the India grape seed extract market based on powder, liquid covering the revenue growth of each sub-segment from 2017 to 2030.
In India, dietary supplements, a major end-use industry of grape seed extract, are witnessing fastest growth as compared to mature markets such as the U.S. However, the importance and awareness of dietary supplements, especially regarding immunity-boosting supplements, have significantly increased among Indian consumers amid the COVID-19 outbreak.
Thus, increased awareness, abundant availability of raw material, low labor cost, and a growing middle-class population in the country are likely to increase the production, as well as consumption, of grape seed extracts in the country. India is expected to witness the fastest growth in the global grape seed extract market from 2021 to 2028.
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Horizon Databook provides a detailed overview of country-level data and insights on the India grape seed extract market , including forecasts for subscribers. This country databook contains high-level insights into India grape seed extract market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India grape seed extract market size, by product, 2017-2030 (US$M)
India Grape Seed Extract Market Outlook Share, 2023 & 2030 (US$M)
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