Grape Seed Extract Market, By Form Type (Powder, Liquid, Gel), By Application (Food & Beverages, Personal Care, Dietary Supplements, Cosmetics, Nutritional Supplements, Pharmaceuticals, Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jul 2023

Code : CMI4497

Pages :110

Formats :

Excel and PDF

Industry : Food and Beverages

Market Challenges And Opportunities

Global Grape Seed Extract Market: Drivers

Rising awareness among consumers related to the use of grape seed extracts for weight loss

Increasing importance of Grape Seed Extracts (GSEs) as a functional ingredient in weight loss has been driving the market growth. In addition, the use of grape seed extracts in cellulite reduction, and improvement of the immune system is anticipated to boost the market growth. Moreover, these extracts are recommended for the treatment of diseases such as throat infections, candidiasis, diarrhea, heart diseases, and earaches. For instance, as per a report by the U.S. Department of Health & Human Services, it is estimated that heart disease is responsible for the death of around 610,000 people every year globally. In addition, Coronary Heart Disease (CHD) is responsible for 370,000 deaths annually. Therefore, dietary supplement manufacturers are expected to surge the use of grape seed extracts in the formulation of health supplements.

Increasing use of grape seeds as supplement ingredient

Majority of supplement manufacturers use grape seed extracts as a supplement ingredient owing to its Oligomeric Procyanidin (OPC) properties that are beneficial to treat conditions such as atherosclerosis, high cholesterol, and poor blood circulation. Moreover, some companies are increasing the amount of grape seed extract content in their functional drinks. For instance, Youth Forever has increased its grape seed extract content in its juice drinks namely pineapple, prickly pear juices, and passion fruit.

Global Grape Seed Extract Market: Restraints

Excess consumption of grape seed extract leading to allergic reactions

The global grape seed extract market growth is anticipated to be constrained by the possibility that excessive consumption of grape seed extracts could result in allergic reactions and other health problems. Additionally, the high cost of grape seed extracts may prove to be a market obstacle for grape seed extracts during the forecast period.

Global Grape Seed Extract Market: Opportunity

Usage of grape seed as a flavoring component in packaged foods and beverages

Grape seeds are used to make a dietary supplement called Grape Seed Extract (GSE). It contains lots of antioxidants, especially proanthocyanidins. The antioxidants in GSE may lessen oxidative stress, inflammation, and tissue damage in addition to chronic diseases. The growing trend of using grape seed as a flavoring component in packaged foods and beverages has a significant impact on the growth of global grape seed extract market. Additionally, the growing use of grape seed extracts in the personal care industry is the main factor propelling the growth of the global grape seed extract market over the projected period, creating major market growth opportunities.