Consumer consciousness of grape seed extract as a beneficial supplement to boost immunity, lose weight, and reduces cellulite is anticipated to have a significant impact on market expansion, the Grape Seed Extract Market is Forecasted to Reach US$ 230 Mn by 2028 says Ken Research Study.
Grape seed extracts are nutritional supplements made by extracting, drying, and crushing grape seeds. These seeds have plenty of antioxidants such as anthocyanins, phenolic acids, and flavonoids. Moreover, grape seed extracts have antiviral, antifungal, and antibacterial activities. The grape seed extract is also known as Vitis Vinifera which is a commercially produced derivative of grape seeds containing linoleic acid, resveratrol, vitamin E, and vitamin P (bioflavonoids).
According to Ken Research estimates, the Global Grape Seed Extract Market – which grew from ~US$ 100 million in 2017 to ~US$ 150 million by 2022 – is expected to grow further into a ~US$ 230 million opportunity by 2028.
Ken Research shares 3 key insights on this market from its latest research study.
The Grape Seed Extract is Exceedingly being Adopted in Numerous End-use Sectors including Pharmaceutical Industry
The existing trend of the target market’s expansion is an increase in the demand for grape seed extracts in the pharmaceutical business. The inclusion of grape seed extract in nutritional supplements makes procurement of plant-based antioxidants more affordable. For instance, according to Medical News Today, grape seed extract is a nutritional supplement that comes in liquid, tablet, or capsule form. The extract is typically present in supplement dosages of 50 to 100 milligrams (mg). These supplements can be intended for a variety of things, including increasing vision, supporting the cardiovascular system, and enhancing appearance. To compete in this product category, businesses are investing in product improvements.
Pet Food Industry is driving the growth of the Grape Seed Extract Market
Consumer awareness of grapes’ advantages has been established over time, leading to increased use of grapes as an ingredient in animal feed formulae. In pet food formulations, grape seed extract is a common antioxidant and polyphenol that helps to improve immune responses and neuron performance. As a result, pet food manufacturers are creating new products using grape seed extract in response to market demand. There are several compounds in grape seed extract that are good for a pet’s heart and lungs. The ingredient contains soluble fibers and flavonoids, which help to increase HDL cholesterol while lowering LDL cholesterol and triglycerides. Vitamin C, which is present in grape seed extract, can support a stronger immune system. Pets are increasingly using products containing grape seed extract due to the demand for dietary supplements for animals.
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Increasing Costs and Allergic Response is Hampering the Growth of the Grape Seed Extract Market
Excessive intake of grape seed extracts may result in allergic responses and other health difficulties; these reasons are projected to limit the grape seed extract market’s growth. Internal and external bleeding is one of the most prominent grape seed extract adverse effects. It may slow down blood coagulation, resulting in wounds and bruises that bleed for a longer period. Additionally, grape seed extract might result in internal bleeding, which includes gastrointestinal bleeding signs like bloody vomit, bright red feces, and tarry stools. As grape seed extract reduces blood coagulation, it should not be used by patients having surgery because it could result in further bleeding. Therefore, it is advised to stop using grape seed extract at least two weeks before an expected surgery.
Additionally, grape seed extract’s high cost may prove to be a market obstacle during the forecast period.
For more information on the research report, refer to the below link:
Manufacturers Of Grape Seed Extract Market
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