Grape Seed Extract Market Analysis Report By Product, By Application And Segment Forecasts From 2019 To 2025

Industry Insights

The global grape seed extracts market size was worth USD 120.6 million in the year 2018. The market is projected to expand at 7.6% CAGR over the forecast duration, 2019 to 2025. Grape seed extract serves as an ingredient that helps in cellulite reduction, boosting the immune system and weight loss. These benefits attributed to the rising importance of grape extract seeds over the years. Moreover, the extracts are advised for curing diseases like throat infections, diarrhea, candidacies, and earaches due to their excellent anti-fungal and anti-bacterial properties.

A significant proportion of the U.S. population has been suffering from heart-related diseases. According to the U.S. Department of Health & Human Services, it is predicted that heart diseases have resulted in the death of about 610,000 people each year. For example, coronary heart disease (CHD) has caused around 370,000 deaths per year. In this line, dietary supplement producers are predicted to raise the adoption of grape seeds extracts to manufacture health supplements to minimize the prevalence of heart diseases in the near future.

A large number of manufacturers add grape seed extracts as a food component owing to their oligomeric procyanidins (OPC) features. Such properties aid in the treatment of diseases like atherosclerosis, poor blood circulation, high cholesterol, nerve damage, and macular degeneration. Many companies also aim at enlarging the extracts’ content to produce a healthier drink. For example, Youthy Forever increased the amount of its grape seed extract content in the passion fruit, pineapple, prickly pear, and combines pear juices. Every 8oz. the serving consists of about 40 mg of it. 

The extract consists of linoleic acid and omega-6 fatty acids that decrease clogged pores and thus, help in preventing acne. Furthermore, these are suited for breakouts due to their anti-inflammatory and anti-microbial nature. The additional benefits of the grape seed extract include reducing inflammation, reducing wrinkles and fine lines, and providing moisture to the skin.

Product Insights 

Based on product, the powdered segment held the largest share of over 80.0% in 2018 and is predicted to continue its lead over the years. Many nutraceutical and dietary supplements consist of grape seeds in a powdered form to ensure convenience and affordability to the consumers. For instance, Bulk Powder, a company in the U.K. introduced a seed extract powder produced by red grapes that are consumable by lactose and gluten-intolerant customers.

The liquid segment is predicted to grow at a CAGR of 6.2% for the period of 2019 to 2025. The benefits provided by these extracts like antibacterial, antiviral, parasiticidal, cytoprotective, mucosa repairing, and antifungal properties have led to an increase in the adoption of these seed extracts in a liquid form by the customers. Furthermore, the product is efficient in the treatment of intestine-related diseases like constipation, diarrhea, abdominal pain, and colitis. Companies such as Hawaii Pharm LLC provide liquid grape seed extracts in conventional and organic forms.

Application Insights

The nutritional supplements held a market share of more than 40% in 2018. The grape seed extract is mainly used as an ingredient in supplements since it is an economical method to create plant-based antioxidants. These supplements cater to various purposes including cardiovascular support, better vision, and beauty. Manufacturers are focusing on innovation and product development to stay competitive in the market. For example, Bluebonnet Nutrition Corporation introduced a super fruit grape seed extract created in France using Champagne grape seeds.

The food & beverage segment is predicted to register the fastest CAGR of 9.3% over the forecast period. The manufacturers utilize the grape sees extracts as a material to provide better product offerings. Furthermore, Ethical Naturals, Inc. provides extracts with 85% polyphenols, suitable for use in beverages for higher health-related benefits.

Regional Insights

North America held a dominant position in the revenue market with a share of over 40% in 2018. The rising awareness relating to a medicine-free and healthy lifestyle is the major driver for the market. Consumers are willing to spend more on fitness, wellness, and health over the years due to a higher purchasing power. The rising adoption of dietary food and personal care products has fueled the demand for grape seed extracts among the American population. The increasing penetration of processing firms in the U.S. is expected to boost market growth. The key companies in the region include Polyphenolics, The Synergy Company, and Conn Oils LLC.

Asia Pacific is predicted to grow at a CAGR of 9.4% for the period of 2019 to 2025. The rising awareness among consumers for a healthy lifestyle coupled with higher disposable income has surged the demand for these products in countries like India and China. The Indian wellness industry is expected to grow subsequently reaching USD 1.5 trillion by 2020. This is expected to propel the demand for extracts in the region.  

Impact of COVID-19

The grape seed extract market has been affected owing to the outbreak of COVID-19. Countries such as the United States, Italy, and Spain are the major exporter of grape seeds oil. These countries are severely affected by a coronavirus, thereby, disrupting the supply chain of grape seeds extracts. Additionally, India’s district Nashik, which is a major supplier of grape to many European countries, has witnessed a fall of over 25% in export from December 2019 to April 2020. 

However, with relaxing lockdown measures, the export is expected to surge and the market is anticipated to recover soon. Also, grape seeds extracts are a good source of immunity booster. With changing food consumption patterns and increasing focus on boosting immunity, the demand for grape seeds extracts is estimated to gain traction over the next few years. 

Grape Seed Extracts Market Share Insights

The key players include S.P.A.; Polyphenolics; Botanic Innovations LLC; Nexira; Augusto Bellinvia SRL; Naturex; NetQem LLC; Jianhe Biotech Co., Ltd.; Piping Rock Health Products, LLC; and Hunan NutraMax Inc. Manufacturers are focusing on building strategies like partnerships to expand their businesses. For example, the partnership between French manufacturer Nexira and Californa Natural Color aimed at opening new avenues for growth in the market.

Report Scope

Segments Covered in the Report 

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Million Insights has segmented the global grape seed extracts market report on the basis of product, application, and region:

• Product Outlook (Revenue, USD Million, 2015 - 2025)
    • Powder
    • Liquid
    • Gel

• Application Outlook (Revenue, USD Million, 2015 - 2025)
    • Food and beverages
    • Personal care
    • Nutritional supplements
    • Pharmaceutical
    • Others

• Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
    • The Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • Middle East & Africa
        • South Africa