Latin America Grape Seed Oil Market Size & Outlook
Latin America grape seed oil market, 2018-2030 (US$K)
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Latin America grape seed oil market highlights
- The Latin America grape seed oil market generated a revenue of USD 32,626.7 thousand in 2022.
- The market is expected to grow at a CAGR of 9.5% from 2023 to 2030.
- In terms of segment, mechanically by pressing was the largest revenue generating extraction process in 2022.
- Chemically Extracted is the most lucrative extraction process segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 32,626.7 thousand |
| Market revenue in 2030 | USD 67,208.0 thousand |
| Growth rate | 9.5% (CAGR from 2022 to 2030) |
| Largest segment | Mechanically by pressing |
| Fastest growing segment | Chemically Extracted |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.5% of the global grape seed oil market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 255,885.8 thousand by 2030.
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Grape Seed Oil Market Scope
Grape Seed Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America grape seed oil 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 oil market will help companies and investors design strategic landscapes.
Mechanically by pressing was the largest segment with a revenue share of 52.49% in 2022. Horizon Databook has segmented the Latin America grape seed oil market based on mechanically by pressing, chemically extracted covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America's grapeseed oil market is witnessing growth in product demand in the coming years owing to the increasing awareness regarding the beneficial health impact of grapeseed oil-based products. The regional market is primarily driven by the food-processing sector.
Agro-processing industries (such as slaughterhouses, food processing industries, cooking oil plants, and dairy plants) and the production of animal by-products (such as leather, candles, and soap) are the major contributors to the regional market growth. The market is driven by the increasing per capita income, which is enabling consumers to spend more on high-value products, along with the growing population.
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Target buyers of Latin America grape seed oil market databook
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Our clientele includes a mix of grape seed oil market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America grape seed oil market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America grape seed oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America grape seed oil market size, by country, 2018-2030 (US$K)
Latin America Grape Seed Oil Market Outlook Share, 2022 & 2030 (US$K)
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