Grape seed extract is a type of dietary supplement that is commonly used to treat a variety of medical conditions associated with venous deficiency, as well as to aid in wound healing. It is produced by the removal, drying and pulverization of grape seeds, which contain a variety of antioxidants, including phenolic acids and flavonoids. Additionally, grape seed extracts are known to possess anti-bacterial, anti-fungal and anti-viral properties.
Market Dynamics
Grape seed extracts are used as dietary supplements for various illnesses. Moreover, increasing consumer awareness regarding multiple benefits offered by grape seed extracts including improvised healing process of injuries are fueling the market growth. Grape seed extracts have a variety of applications as functional food & beverages and dietary supplements among others.
Grape seed extracts are enriched with anti-ageing and antioxidant properties. This factor has been surging its role in personal care product applications, and is likely to augment the global grape seed extract market during the forecast period. Furthermore, grape seed extracts reduce inflammation. Additionally, its usage in the treatment of cancer is anticipated to propel the growth of global grape seed extract market. For instance, according to a data published by Memorial Sloan Kettering Cancer Center in 2022, preclinical studies of Grape Seed Proanthocyanidin Extract (GSPE) suggest cardioprotective and anticancer effects. Moreover, it can help minimize various drug-induced toxicities.
Moreover, the key market players are focusing on various strategies, such as new product launches, in order to expand their product portfolios. For instance, Swisse, a health and wellness firm, announced its plans to launch dietary supplements and skincare products containing upcycled grape seed extracts.
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