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The grape seed oil market share is expected to increase by USD 73.07 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.89%.
This grape seed oil market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers grape seed oil market segmentations by type (mechanical extraction and chemical extraction) and geography (Europe, North America, APAC, South America, and MEA). The grape seed oil market report also offers information on several market vendors, including Aromex Industry, Augustus Oils Ltd., Berje Inc., Costa D'Oro Spa, Gustav Heess Oleochemische Erzeugnisse GmbH, ITOCHU Corp., Oleificio Salvadori Srl, OLITALIA Srl, Pietro Coricelli Spa, and Pompeian Inc. among others.
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"The high demand for functional supplements, owing to a growing inclination toward health, fitness, wellness, and adoption of a healthy diet in countries such as the US, will facilitate the grapeseed extract market growth in North America over the forecast period."
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The application of grape seed oil in cosmetics is notably driving the grape seed oil market growth, although factors such as availability of substitute products may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the grape seed oil market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Grape Seed Oil Market Driver
One of the major factors that drive the growth of the global grape seed oil market is the application of grape seed oil in cosmetics. Grape seed oil is rich in omega-6 fatty acids and vitamin E, which are helpful in moisturizing the skin, healing acne, lightening skin, tightening pores, and reducing the appearance of scars. Furthermore, the grape seed oil is also known to improve hair and scalp conditions as it can help loosen dead skin and restore moisture, therefore, promoting hair growth. In addition, grape seed oil also has astringent and anti-inflammatory properties, making it an ideal cosmetic ingredient. Therefore, owing to the regenerative properties of grape seed oil, it is increasingly being used to make a wide variety of cosmetic products for the skin and hair. Owing to the benefits of grape seed oil for various skin conditions, many cosmetics manufacturers include grape seed oil as an ingredient and preservative in cosmetic products such as soaps, lotion, creams, body care products, and haircare products would further drive the market growth during the forecast period.
Key Grape Seed Oil Market Trend
One of the latest trends in the market is the use of grape seed oil in restaurants for its frying properties and neutral flavor. The pressed grape seed oil has a light and neutral odor and flavor, which makes it ideal for cooking. For such reasons, restaurants are increasingly using grape seed oil for cooking both sweet and savory dishes and making salad dressings. Furthermore, in Europe, the grape seed oil is becoming popular among chefs to prepare deep-fried and sautéed dishes. Therefore, in many European countries, such as France, Italy, and Switzerland, the grape seed oil is the preferred oil in restaurants for cooking fish and seafood, making salad dressings, and baking gourmet dishes. In this region, people cook fish and chicken in grape seed oil as it has a neutral flavor, has preservative properties, and is cholesterol-free. Therefore, the grape seed oil is expected to gradually replace olive oil for cooking in restaurants worldwide, which is estimated to be a positive trend in the global grape seed oil market during the forecast period.
Key Grape Seed Oil Market Challenge
One of the major challenges faced by the global grape seed oil market is the increased consumption of other oils, such as olive oil, sunflower oil, mustard oil, rice bran oil, soybean oil, coconut oil, and groundnut oil for cooking. In addition, soybean oil is a commonly preferred cooking oil in most developed and developing countries, as it contains essential fatty acids, such as linoleic acid, alpha-linolenic acid, and mono-unsaturated oleic acid. Furthermore, the consumption of sunflower oil and peanut oil is predominant in APAC countries such as India and China, owing to the health benefits of these oils. Similarly, South American countries use more olive oil for cooking than other countries. Some of the major cooking oils used across the world are palm oil, soybean oil, sunflower seed oil, coconut oil, and peanut oil. In North America, soybean oil is the preferred oil for cooking, followed by canola oil and palm oil. Moreover, countries in the Middle East prefer olive oil to other oils for cooking. Therefore, the penetration of other oils in the global edible oil market is expected to hinder the growth of the global grape seed oil market during the forecast period.
This grape seed oil market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Technavio categorizes the global grape seed oil market as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the grape seed oil market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the grape seed oil market encompasses successful business strategies deployed by the key vendors. The grape seed oil market is fragmented and the vendors are deploying growth strategies such as online sales through third-party e-commerce players like Amazon and eBay to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The grape seed oil market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the grape seed oil market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of global packaged foods and meats market includes the following core components:
The report has further elucidated on other innovative approaches being followed by manufacturers providers to ensure a sustainable market presence.
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32% of the market's growth will originate from Europe during the forecast period. the UK, Spain, Italy, France, Austria, the Netherlands, Sweden, Belgium, and Germany. are the key markets for grape seed oil market in Europe. Market growth in this region will be faster than the growth of the market in regions.
The positive attributes of grape seed oil, such as its clean and light flavor and taste while cooking, are encouraging restaurants in the region will facilitate the grape seed oil market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In Europe, the premium cosmetics sector witnessed a shift as many consumers opted for at-home skin treatment solutions following the outbreak of the pandemic. This led to the decline in demand for value-added cosmetic products, such as those made with grape seed oil, until the end of 2020. Therefore, grape seed oil products that supplement at-home skincare treatment solutions are expected to gain traction in 2021, until the pandemic is contained. Skincare products such as moisturizers will witness substantial sales at the beginning of 2021, as consumers are focusing on maintaining skin health, primarily by using natural skincare products. Therefore, the demand for natural and organic cosmetic products made from grape seed oil has been substantial in Europe during the pandemic.
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The grape seed oil market share growth by the type segments. Mechanical extraction segment will be significant during the forecast period. Extracting the oil mechanically helps in preserving its natural structure, which is driving the adoption of the mechanical extraction of grape seed oil. In this method, grape seed is dried, peeled, and crushed or pressed to extract oil. Chemicals and solvents are not used in this method, which helps in retaining the purity of the oil. The mechanical extraction of the grape seed oil is known to give higher yields compared with other methods such as chemical extraction. Mechanical extraction is the most widely used process for obtaining natural oil from vegetables and seeds.
This report provides an accurate prediction of the contribution of all the segments to the growth of the grape seed oil market size and actionable market insights on post COVID-19 impact on each segment.
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Grape Seed Oil Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.89% |
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Market growth 2021-2025 |
$ 73.07 million |
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Market structure |
Fragmented |
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YoY growth (%) |
3.05 |
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Regional analysis |
Europe, North America, APAC, South America, and MEA |
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Performing market contribution |
Europe at 32% |
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Key consumer countries |
US, China, Spain, France, and Italy |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Aromex Industry, Augustus Oils Ltd., Berje Inc., Costa D'Oro Spa, Gustav Heess Oleochemische Erzeugnisse GmbH, ITOCHU Corp., Oleificio Salvadori Srl, OLITALIA Srl, Pietro Coricelli Spa, and Pompeian Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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