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The grapeseed extract market share is expected to increase by USD 60.78 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.28%.
This grapeseed extract 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 grapeseed extract market segmentation by product (powder and liquid) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The grapeseed extract market report also offers information on several market vendors, including ActivInside, Alvinesa Natural Ingredients, Ambe NS Agro Products Pvt. Ltd., Benepure Pharmaceutical Co. Ltd., Bhooratna Agri Processors, Botanic Innovations LLC, Breko GmbH, ConnOils LLC, E. and J. Gallo Winery, Fancy India Corp., Forward Farma BV, Gustav Heess Oleochemische Erzeugnisse GmbH, Hebei Xinqidian Biotechnology Co. Ltd., JF Natural, Midas Pharma GmbH, Natac Ingredients SLU, Natrusolate, NetQem LLC, NEXIRA, Phyto Life Sciences P Ltd., and PipingRock Health Products LLC among others.
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The multiple benefits of grapeseed extracts is notably driving the grapeseed extract market growth, although factors such as common side effects associated with grapeseed extract 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 grapeseed extract industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Grapeseed Extract Market Driver
One of the key factors driving the global grapeseed extract market growth is the multiple benefits of grapeseed extracts. Grapeseed extracts offer numerous benefits, such as cellulite reduction, weight loss, and immune system enhancement. Grapeseed extracts are available as a dietary supplement containing 50 or 100 milligrams in tablets or capsules and liquid form, which helps in the treatment of poor blood circulation, high cholesterol, macular degeneration, atherosclerosis, and nerve damage. Furthermore, the extracts are also recommended for the treatment of earaches, candidiasis, diarrhea, and throat infections. Grapeseed extract is rich in phytochemicals and nutrients, which has a multitude of uses and many benefits for human health because it contains tocopherols, citric acid, vitamin C, sterols, limonoids, and trace minerals. Thus, the aforementioned benefits of grapeseed extracts will further drive market growth during the forecast period.
Key Grapeseed Extract Market Trend
Rising demand for food supplements globally is one of the key grapeseed extract market trends that is expected to impact the industry positively in the forecast period. The increasing importance of grapeseed extracts as a functional ingredient in weight loss has been driving the target market growth. For instance, childhood obesity is a serious health problem in the US. In 2021, one in five children and adolescents in the US had obesity. Furthermore, according to the Multidisciplinary Digital Publishing Institute, in 2020, the beneficial effects of grapeseed extracts were studied in relation to body weight and fat storage in hamsters. According to the Centers for Disease Control and Prevention (CDC), about 659,000 people in the US die from heart disease each year, that's 1 in every four deaths. Such factors will further support the market growth during the forecast years.
Key Grapeseed Extract Market Challenge
One of the key challenges to the global grapeseed extract market growth is the common side effects associated with grapeseed extracts such as headache, sore throat, dizziness, itchy scalp, stomach ache, and nausea. People who have a bleeding disorder or high blood pressure are advised to consult a doctor before using grapeseed extracts. Furthermore, the individuals who are on medical care for some other treatment are advised to consult their doctors before starting the grapeseed extracts-based medicine or product. This is because grapeseed extracts could interact with drugs like blood thinners, painkillers (like aspirin, Advil, and Aleve), certain heart medicines, and cancer treatments. Thus, the aforementioned factors are expected to hamper the growth of the market in focus during the forecast period.
This grapeseed extract 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 2022-2026.
Technavio categorizes the global grapeseed extract 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 grapeseed extract 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 grapeseed extract market encompasses successful business strategies deployed by the key vendors. The grapeseed extract market is fragmented and the vendors are deploying growth strategies such as product innovation 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 grapeseed extract 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 grapeseed extract 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.
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32% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for grapeseed extract in North America. Market growth in this region will be faster than the growth of the market in South America and MEA.
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. 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
The outbreak of COVID-19 negatively impacted the supply chain of the regional grapeseed extract market in 2020. Furthermore, to curb the spread of the virus, the regional governments imposed several periodic lockdowns across the region, which changed the dynamics of the entire ecosystem of manufacturing units, like disrupted raw material supplies. The imposition of the lockdowns completely disturbed the supply chain and also adversely affected the manufacturing processes of grapeseed extracts in 2020. However, several government initiatives such as mass vaccination drives and strict norms such as a ban on public gatherings had led to the declining number of COVID-19 cases in 2021. As a result, the regional economic activities have started gaining pace, which further led to an increased demand for grapeseed extracts from end-user industries such as food supplements and pharmaceuticals. Hence, increased awareness regarding food supplements and the adoption of a healthy lifestyle will further propel the demand for grapeseed extracts in the region during the forecast period.
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The grapeseed extract market share growth by the powder-based grapeseed extracts segment will be significant during the forecast period. Powdered grapeseed extracts are highly preferred in capsules and tablets because the solvent is removed from the final product. Companies have been investing in product innovations for developing new types of grapeseed extracts. For instance, in 2021, Bluebonnet Nutrition Corp. launched its 'Super Fruit Grapeseed Extract' derived from Champagne Grapeseeds from France. Such factors will drive the segment growth in the forecast years.
This report provides an accurate prediction of the contribution of all the segments to the growth of the grapeseed extract market size and actionable market insights on post COVID-19 impact on each segment.
Grapeseed Extract Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.28% |
Market growth 2022-2026 |
$ 60.78 million |
Market structure |
Fragmented |
YoY growth (%) |
6.42 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 32% |
Key consumer countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
ActivInside, Alvinesa Natural Ingredients, Ambe NS Agro Products Pvt. Ltd., Benepure Pharmaceutical Co. Ltd., Bhooratna Agri Processors, Botanic Innovations LLC, Breko GmbH, ConnOils LLC, E. and J. Gallo Winery, Fancy India Corp., Forward Farma BV, Gustav Heess Oleochemische Erzeugnisse GmbH, Hebei Xinqidian Biotechnology Co. Ltd., JF Natural, Midas Pharma GmbH, Natac Ingredients SLU, Natrusolate, NetQem LLC, NEXIRA, Phyto Life Sciences P Ltd., and PipingRock Health Products LLC |
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 |
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 Product
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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