Grapeseed Extract Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the grapeseed extract market, focusing on current trends, market size, CAGR forecasts, and industry insights from 2023 to 2033.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $500.00 Million |
| CAGR (2023-2033) | 5% |
| 2033 Market Size | $822.88 Million |
| Top Companies | Grapestone, Nutraceutical Corp, Herbal Hills |
| Last Modified Date | 15 Nov 2024 |
Grapeseed Extract Market Report (2023 - 2033)
Grapeseed Extract Market Overview
What is the Market Size & CAGR of Grapeseed Extract market in 2023?
Grapeseed Extract Industry Analysis
Grapeseed Extract Market Segmentation and Scope
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Grapeseed Extract Market Analysis Report by Region
Europe Grapeseed Extract Market Report:
The European grapeseed extract market is notably robust, generating USD 148.30 million in 2023 and forecasted to reach USD 244.07 million by 2033. High consumer awareness regarding health benefits and a concentration on clean label products contribute to the growth in countries like Germany and France.Asia Pacific Grapeseed Extract Market Report:
In the Asia Pacific region, the grapeseed extract market was valued at USD 101.30 million in 2023 and is projected to reach USD 166.72 million by 2033. The increasing prevalence of chronic diseases and the growing awareness of health supplements drive demand in key markets such as China and India.North America Grapeseed Extract Market Report:
North America holds a significant share of the grapeseed extract market, with a valuation of USD 171.85 million in 2023, expected to grow to USD 282.82 million by 2033. The rise in health consciousness among consumers and the increasing incorporation of grapeseed extract in dietary supplements and cosmetics are significant growth factors.South America Grapeseed Extract Market Report:
The South American market for grapeseed extract was valued at USD 13.10 million in 2023, with expectations of growth to USD 21.56 million by 2033. The burgeoning food and beverage sector, coupled with an increasing preference for natural products, fuels this growth, particularly in Brazil and Argentina.Middle East & Africa Grapeseed Extract Market Report:
In the Middle East and Africa, the market was valued at USD 65.45 million in 2023, with projections of reaching USD 107.72 million by 2033. The increasing demand for natural cosmetics and dietary supplements in this conservative yet growing market fuels the continuing expansion.Request a custom research report for industry.
Grapeseed Extract Market Analysis By Product
Global Grapeseed Extract Market, By Product Market Analysis (2023 - 2033)
The market is primarily segmented into grapeseed oil, grapeseed powder, and grapeseed extract capsules. Grapeseed oil dominates the segment due to its extensive use in culinary applications and skincare products, with a projected market size of USD 339.50 million in 2023, increasing to USD 558.74 million by 2033. Grapeseed powder, used chiefly in health supplements, is expected to grow from USD 138.55 million to USD 228.02 million over the same period.
Grapeseed Extract Market Analysis By Application
Global Grapeseed Extract Market, By Application Market Analysis (2023 - 2033)
Applications of grapeseed extract range from nutraceuticals to food and beverages and cosmetics. The cosmetics and personal care segment remains the leader, valued at USD 287.40 million in 2023 and expected to grow to USD 472.99 million by 2033. The food industry contributes significantly, expanding from USD 113.85 million to USD 187.37 million, while nutraceuticals see growth from USD 49.10 million to USD 80.81 million.
Grapeseed Extract Market Analysis By End User
Global Grapeseed Extract Market, By End-User Market Analysis (2023 - 2033)
The end-user segmentation includes retailers, manufacturers, and research institutions. Retailers hold a significant share, accounting for USD 138.55 million in 2023 and projected to rise to USD 228.02 million by 2033. Manufacturers are major consumers as well, with growth from USD 339.50 million to USD 558.74 million, while research institutions are expected to increase from USD 21.95 million to USD 36.12 million.
Grapeseed Extract Market Analysis By Distribution Channel
Global Grapeseed Extract Market, By Distribution Channel Market Analysis (2023 - 2033)
Distribution channels are categorized into online and offline sales. Online sales dominate, valued at USD 409.25 million in 2023 and expected to grow to USD 673.53 million by 2033. In contrast, offline sales, valued at USD 90.75 million in 2023, are anticipated to reach USD 149.35 million, driven by traditional retail outlets adapting to consumer preferences.
Grapeseed Extract Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Grapeseed Extract Industry
Grapestone:
A leading supplier of high-quality grapeseed extract, known for their innovative extraction processes and commitment to sustainability.Nutraceutical Corp:
A well-established company in the nutraceutical market that offers grapeseed extract as part of their health supplement product line.Herbal Hills:
An herbal product manufacturer that specializes in high-quality herbal supplements, including various forms of grapeseed extract.We're grateful to work with incredible clients.
