Grape Seed Extracts Market To Reach $313.9 Billion By 2030

Grape Seed Extracts Market Growth & Trends

The global grape seed extracts market size is expected to reach USD 313.9 billion in 2030 and is projected to grow at a CAGR of 8.7% from 2024 to 2030. Major factors contributing to market growth are rising consumer awareness regarding healthy lifestyle and consumption of nutritious foods, as well as increasing focus on physical appearances. It has been observed that a large number of manufacturers of health and nutrition supplements use grape seed extract as an ingredient due to its oligomeric procyanidins (OPC) properties. These properties are beneficial for the treatment of conditions such as atherosclerosis, high cholesterol, poor blood circulation, macular degeneration, and nerve damage.

Revenue generated by the powdered segment accounted for a share of more than 80.0% in 2018. High ease of incorporation of powder as functional ingredient in manufacturing of food and beverages, personal care products, and nutritional supplements is expected to ensure the dominance of the segment over the forecast period. Furthermore, growing popularity of dietary supplement powders among adults in breakfast and evening meals to maintain fitness is expected to compel nutraceutical manufacturing companies to incorporate grape seed extract as a functional ingredient to their products.

The food and beverage segment is expected to value more than USD 25.0 million by 2025. Segment growth can be attributed to increasing number of health-conscious consumers on a global level, who are turning to convenience foods with high nutritional value.

Asia Pacific is expected to witness the fastest growth from 2019 to 2025, exhibiting a CAGR of 9.4%. Expansion of middle-income groups in developing countries such as China, India, Pakistan, and Bangladesh is expected to remain a favorable factor for market growth, reflecting a spike in product application in the food and beverage as well as personal care sectors. Furthermore, supportive government policies aimed at increasing manufacturing output of food processing in countries like China and India is expected to open new avenues for use of grape seed extract as a functional ingredient in the near future.

Some of the key players operating in this market are S.P.A.; Botanic Innovations LLC; Polyphenolics; Naturex; Nexira; Augusto Bellinvia srl; NetQem LLC; Hunan NutraMax Inc.; Jianhe Biotech Co., Ltd.; and Piping Rock Health Products, LLC. Various manufacturers are concentrating on new product launches and technological innovation and are collaborating with other companies to increase their product offerings and strengthen their foothold in the market.

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Grape Seed Extracts Market Report Highlights

• By product, the liquid segment is expected to grow at a CAGR of 8.9% over the forecast period, owing to its antibacterial, parasiticidal, antiviral, cytoprotective, antifungal, and mucosa repairing properties.

• The dietary supplement segment dominated the market in 2023 with a share of 52.6% attributed to the rising prevalence of obesity, and obesity-related darticularlyiseases, p in developed countries where sedentary lifestyles occur every day.

• The North America grape seed extracts market held the largest revenue share of 38.3% in 2023 attributed to a growing consumer consciousness of adopting a medication-free lifestyle.

Grape Seed Extracts Market Segmentation

Grand View Research has segmented the global grape seed extracts market report based on product, application, and region:

Grape Seed Extracts Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Powder

• Liquids

Grape Seed Extracts Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Food & Beverage

• Personal Care

• Dietary Supplement

• Others

Grape Seed Extracts Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U. S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • South Africa

  • UAE

List of Key Players in Grape Seed Extracts Market

• Indena S. p. A

• Botanic Innovations LLC

• Polyphenolics

• Naturex

• Nexira

• Augusto Bellinvia srl

• NetQem LLC

• Hunan NutraMax Inc.

• Shijiazhuang Jianhe Biotech Co., Ltd.

• Piping Rock Health Products, LLC