Turkey Grape Seed Oil Market Size & Outlook, 2022-2030
Turkey grape seed oil market, 2018-2030 (US$K)
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Turkey grape seed oil market highlights
- The Turkey grape seed oil market generated a revenue of USD 4,885.9 thousand in 2022 and is expected to reach USD 9,798.1 thousand by 2030.
- The Turkey market is expected to grow at a CAGR of 9.1% 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.
Grape seed oil market data book summary
| Market revenue in 2022 | USD 4,885.9 thousand |
| Market revenue in 2030 | USD 9,798.1 thousand |
| Growth rate | 9.1% (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 |
Other key industry trends
- In terms of revenue, Turkey accounted for 1.0% of the global grape seed oil market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany grape seed oil 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 46,479.5 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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Turkey 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 52.64% in 2022. Horizon Databook has segmented the Turkey grape seed oil market based on mechanically by pressing, chemically extracted covering the revenue growth of each sub-segment from 2018 to 2030.
In Turkey, end-use industries for grapeseed oil including pharmaceutical, food, and cosmetics are expected to prosper on account of easy and cheap raw material availability across the country. Subsidies and other benefits offered to various industries are also expected to fuel the market over the forecast period.
In addition, favorable government regulations regarding crop cultivation and organic farming are expected to accelerate grapeseed oil production. The growing demand for cosmetic and aromatherapy products is projected to trigger the growth of the grapeseed oil market.
This is attributable to the rising product consumption for different purposes including enhancement of air freshness at home, in baths, and others. Further the rising consumption of grapeseed oil by young women for the formulation of homemade cosmetics due to the presence of medicinal benefits and natural content.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Turkey grape seed oil market , including forecasts for subscribers. This country databook contains high-level insights into Turkey grape seed oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Turkey grape seed oil market size, by extraction process, 2018-2030 (US$K)
Turkey Grape Seed Oil Market Outlook Share, 2022 & 2030 (US$K)
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