Market revenue in 2022 | USD 34,623.2 thousand |
Market revenue in 2030 | USD 76,791.3 thousand |
Growth rate | 10.5% (CAGR from 2022 to 2030) |
Largest segment | Mechanically by pressing |
Fastest growing segment | Chemically Extracted |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD thousand |
Market segmentation | Mechanically by Pressing, Chemically Extracted |
Key market players worldwide | Borges, Mediacovrac Group, Tampieri, Olitalia, Salute Santé! Grapeseed Oil, Oleificio Salvadori, VedaOils |
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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 oil market will help companies and investors design strategic landscapes.
Mechanically by pressing was the largest segment with a revenue share of 52.53% in 2022. Horizon Databook has segmented the China grape seed oil market based on mechanically by pressing, chemically extracted covering the revenue growth of each sub-segment from 2018 to 2030.
Chinese market for grapeseed oil is anticipated to grow exponentially on the account of development and high demand from the food industry. According to XINHUANET and Eastspring Investments Services, the food industry is expected to continue steady profit and a fast growth rate till 2025.
To be more precise, according to Daxue Consulting China, due to rapid diversification among the Chinese population with respect to their culinary and food preferences, the demand for baked products, seasoning and sauces like mayonnaise has grown. The sale of baked goods has increased at an annual growth rate of nearly 20% and mayonnaise has become a must-have seasoning in China.
Due to such rapid growth of these food items and the increasing usage of grapeseed oil in the production of such food items is expected to have a positive impact on the country’s grapeseed oil market.
Horizon Databook provides a detailed overview of country-level data and insights on the China grape seed oil market , including forecasts for subscribers. This country databook contains high-level insights into China grape seed oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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