Spain Grape Seed Extract Market Size & Outlook, 2023-2030
Spain grape seed extract market, 2017-2030 (US$M)
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Spain grape seed extract market highlights
- The Spain grape seed extract market generated a revenue of USD 5.4 million in 2023 and is expected to reach USD 9.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 8.8% 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 5.4 million |
| Market revenue in 2030 | USD 9.7 million |
| Growth rate | 8.8% (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, Spain accounted for 3.1% 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 Europe, Germany grape seed extract market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 11.4 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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Spain 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 75.93% in 2023. Horizon Databook has segmented the Spain grape seed extract market based on powder, liquid covering the revenue growth of each sub-segment from 2017 to 2030.
Consumers in Spain are increasingly opting for foods consisting grape seed extracts, since such food products come under clean label ingredients that are deemed healthy by consumers. Increasing consumer interest in clean ingredients has presented itself as an opportunity for food brands to showcase details of beverage and food products on the labels.
This tactic is used by end-use industries to cultivate consumer trust in their products. Consumer interest in food choices and the ingredients used in them has secured a promising future for the grape seed extract market as consumers are actively looking for products containing grape seed extract owing to the associated health benefits of the product.
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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 country-level data and insights on the Spain grape seed extract market , including forecasts for subscribers. This country databook contains high-level insights into Spain grape seed extract market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Spain grape seed extract market size, by product, 2017-2030 (US$M)
Spain Grape Seed Extract Market Outlook Share, 2023 & 2030 (US$M)
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