Market revenue in 2023 | USD 7.4 million |
Market revenue in 2030 | USD 12.9 million |
Growth rate | 8.2% (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 77.03% in 2023. Horizon Databook has segmented the UK grape seed extract market based on powder, liquid covering the revenue growth of each sub-segment from 2017 to 2030.
The market is driven by the high product demand from dietary supplements industry, which is progressing at a CAGR of 8.3% over the forecast period. The consumption of dietary supplement has increased exponentially in the year 2020, with rise in daily intake of the consumers.
The consumption of vitamins & supplements witnessed a spike during the COVID-19 pandemic for boosting immunity against the virus. This is in turn expected to benefit the grape seed extract market as the product is used in health supplements. Grape seed extract is available in both powder and liquid forms.
Horizon Databook provides a detailed overview of country-level data and insights on the UK grape seed extract market , including forecasts for subscribers. This country databook contains high-level insights into UK grape seed extract market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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