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

Grape Seed Extract MarketSize and Trends

The global grape seed extract market is projected to reach around US$ 385.7 Million by 2030, in terms of revenue, exhibiting a CAGR of 8.4% during the forecast period (2023-2030).

Global Grape Seed Extract Market: Trends

Growing demand from pharmaceutical industry

The increasing demand for grape seed extracts in the pharmaceutical industry is a major current trend for boosting the market growth. Grape seed extracts are included in nutritional supplements as it is a more economical way of gaining plant-based antioxidants. For instance, an article published by Medical News, grape seed extracts are available as a dietary supplements in the liquid form, tablets, or capsules. Supplements commonly contain between 50 and 100 milligrams (mg) of the extract. Such supplements are available for different purposes such as beauty, cardiovascular support, and improving vision. Companies are investing in product innovations to compete in this product segment. Moreover, most of the dietary and nutritional supplements contain the powdered form of grape seed extracts as consumers prefer this form of grape seed extract and it is affordable and very convenient to use. For instance, a U.K.-based company, Bulk Powder launched seed extract powder made from red grapes, which can be consumed by gluten- and lactose-intolerant consumers.