What Is The Size Of Global Grape Seed Extract Industry?
Global Grape Seed Extract market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.
The Grape Seed Extract Market is largely driven by the increasing demand for grape seed extract as a functional ingredient that promotes immune system improvement, weight loss, and cellulite reduction.
Grape seed extracts are suggested for the treatment of conditions including candidiasis, throat infections, earaches, and diarrhea, which have a huge positive impact. For instance, coronary heart disease (CHD) causes 370,000 deaths per year. By this, dietary supplement producers are anticipated to use grape seed extracts in the production of health supplements more frequently throughout the resultant few years to reduce the incidence of cardiovascular diseases.
The grape seed extract market’s growth is anticipated to be restricted by the possibility that excessive use of grape seed extracts could result in allergic reactions and other health problems. Additionally, grape seed extract’s high cost may prove to be a market obstacle during the forecast period.
COVID-19 has tended to make people more health conscious, which has increased demand for health supplements, and thus, grape seed extract. In October 2021, Xclear Inc. has released positive clinical trial results for its innovative COVID-19 nasal spray, which comprises grape seed extract and xylitol. As a result, grape seed extract became more popular.
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Global Grape Seed Extract Market By Product Type
The Global Grape Seed Extract market is segmented by Product type into Powder, Liquid and Gel.
Powdered segment held the largest market share in 2022, as most of the dietary and nutraceutical supplements contain powdered grape seed extracts, which is highly preferred among consumers due to its low cost and easier usability.
As per consumer preferences, powdered grape seed extract is a common ingredient in dietary supplements and nutraceuticals. For instance, a UK-based company, Bulk Powder, has introduced a red grape seed extract powder that is suitable for lactose and gluten intolerance sufferers.
The use of the substance in several cosmetic formulations, medicinal tablets, and dietary supplements has increased due to excellent results of the powder form in the encapsulation process.
The Global Grape Seed Extract Market is segmented by Application into Food & Beverages, Personal Care, Nutritional Supplement, Pharmaceutical and Others.
Nutritional supplements segment held the largest market share in 2022 in the Global Grape Seed Extract Market, as these supplements are used for a variety of objectives, including supporting the cardiovascular system, maintaining beauty, and enhancing vision.
Due to a shift in the public’s attention to health and fitness, sports nutrition has also become popular. Through sponsorships and social media platforms, fitness enthusiasts and professional athletes are motivating individuals to maintain their health and fitness.
Global Grape Seed Extract Market By Geography
The Global Grape Seed Extract market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.
North America accounted for the largest market share in 2022, due to the increased use of personal care products and nutritional food supplements. These have produced a substantial demand for grape seed extracts in North America.
The large presence of grape seed extract companies in the USA is a major factor for this dominance. The Synergy Company, Conn Oils LLC, and Polyphenolics are a few of the major producers of grape seed extracts in North America.
The grape seed extract market is being driven by rising consumer awareness of leading a medicine-free lifestyle. Consumer expenditure on wellness, fitness, and health has increased recently. In North America, there is a huge demand for grape seed extracts due to the rising popularity of natural/organic cosmetics and dietary supplements.
Key Topics Covered in the Report
- Snapshot of the Global Flat Glass Market
- Industry Value Chain and Ecosystem Analysis of the Flat Glass Market
- Market size and Segmentation of the Global Flat Glass Market
- Historic Growth of the Overall Global Flat Glass Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Flat Glass Industry
- Overview, Product Offerings, and Developments of Key Competitors
- COVID-19 Impact on Overall Global Flat Glass Market
- Future Market Forecast and Growth Rates of the Total Global Flat Glass Market and By Segments
- Market Size of Application/End-user Segments with Historical CAGR and Future Forecasts
- Analysis of the Flat Glass Market in Major Regions
- Major Production/Supply and Consumption/Demand Hubs in Each Major Region
- Major Region-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Major Region.
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Major Players Mentioned in the Report
- AGC Inc.
- Guardian Industries
- Nippon Sheet Glass Co. Ltd.
- Pilkington Group Limited
- Vitro S.A.B. de C.V.
- CSG Holding Co. Ltd.
- Taiwan Glass Ind. Corp.
- Turkiye Sise ve Cam Fabrikalari AS
- Tomakk Glass Partners
- Flat Glass Group Co. Ltd.
- Compagnie de Saint-Gobain S.A.
- Fuyao Glass America Inc
Notable Emerging Companies Mentioned in the Report
- INOVUES, INC.
- PyroCore Limited.
- Gold Plus Float Glass
- Arabian United Float Glass Company
- Glass Partners
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Flat Glass Manufacturers
- Regulatory Authorities for Glass Industry
- Consulting companies in the Flat Glass Market
- Flat Glass Raw Material Suppliers
- Company Research and Development Institutes
- Market Research & Consulting Firms
- Banking and Financial Service Providers
- Construction Materials Suppliers
- Vehicle Manufacturers
- Auto Component Manufacturers
- Government & Regulatory Authorities
- Glass Research institutes
- Glass Material Suppliers
- Investors in Glass Manufacturing Industry
- Glass Testing & Inspection Companies
Time Period Captured in the Report
- Historical Period: 2017H-2021H
- Forecast Period: 2022E-2028F
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Global grape seed extracts Market
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