Grape Seed Extracts Market (2024 - 2030) Size, Share & Trends Analysis Report By Product (Powder, Liquid) By Application (Food & Beverage, Personal Care, Dietary Supplements), By Region, And Segment Forecasts

Grape Seed Extracts Market Size & Trends

The global grape seed extracts market size was valued at USD 175.3 billion in 2023 and is projected to grow at a CAGR of 8.7% from 2024 to 2030. The market growth can be attributed to the rising importance of grape seed extract as a helpful ingredient that aids in cellulite reduction, improvement of the immune system, and weight loss. In addition, growing consumer consciousness about following a medicine-free lifestyle and increasing spending on health, fitness, and wellness products due to high disposable income are also significant drivers. The strong foothold of processing firms in the U.S. and the increasing usage of personal care products and dietary food supplements are anticipated to propel market growth.

Moreover, grape seed extract has been shown to reduce inflammation. Consumer awareness about health has further influenced the grape seed extract market. Today, grape seed extract is employed in treating various illnesses across the globe. It has been found to have multiple pharmacological properties that help combat oxidative stress, protect against oxidative damage, and have anti-diabetic, anti-cholesterol, and anti-platelet functions.

However, grape seed extracts' anti-aging and antioxidant properties have become essential in personal care products. Moreover, grape seed extracts cure various conditions such as candidiasis, throat infections, earaches, and diarrhea. Therefore, all these key drivers impact the growth of the grape seed extract market. As a result, consumers are increasingly turning to grape seeds as a dietary supplement, leading to a growing global market.

Product Insights

In 2023, the powder segment dominated the market and accounted for a revenue share of 75.8%. Many nutraceutical and dietary supplements contain grape seed extract in a powdered format to provide consumers with a convenient and affordable choice, leading to the segment's growth. Furthermore, powdered grape seed extracts generally have a longer shelf life than liquid because of their dry state. When stored properly in their original packaging and kept dry, powdered grape seed extracts can typically last 4-5 years.

The liquid segment is expected to grow at a CAGR of 8.9% over the forecast period. The antibacterial, antiviral, parasiticidal, cytoprotective, mucosa-repairing, and antifungal properties of these extracts have resulted in a rise in customer preference for liquid seed extracts. In addition, the product is effective in managing intestinal conditions such as constipation, diarrhea, abdominal pain, and colitis.

Application Insights

The dietary supplement segment dominated the market in 2023 with a share of 52.6% attributed to the rising prevalence of obesity, and obesity-related darticularlyiseases, p in developed countries where sedentary lifestyles occur every day. Grape seed extracts offer various health benefits, such as regulating blood pressure, defending against oxidative stress, boosting blood circulation, strengthening collagen and bones, promoting cognitive functions, and preventing the growth of infections.

The food & beverage segment is expected to grow at a CAGR of 8.7% over the forecast period driven by the rising demand for antimicrobial agents and plant-based antioxidants. Grape seed extract, with its ActiVin antioxidant, is used in health drinks, dairy products, and bars and in taste formulation in functional food and beverages without affecting the ultimate flavor. Furthermore, the willingness of consumers to pay more for food and beverage products encouraged with natural ingredients is also increasing the segment's growth, as grape seed extracts are increasingly used to replace synthetic preservatives such as BHT and BHA in processed meats.

Regional Insights

The North America grape seed extracts market held the largest revenue share of 38.3% in 2023 attributed to a growing consumer consciousness of adopting a medication-free lifestyle. In recent years, consumer expenditure on health, fitness, and wellness has substantially increased, bolstered by high disposable income. The rising utilization of personal care items and dietary supplements has resulted in a notable surge in demand for grape seed extracts in North America.

 U. S. Grape Seed Extracts Market Trends

The grape seed extracts market in the U. S. dominated the North American market with a market share in 2023 owing to the rising need for grape seed extract as a beneficial ingredient that improves the immune system, aids in weight loss, and reduces cellulite, which is expected to greatly influence market growth. In addition, a significant proportion of the U.S. population has been suffering from heart-related diseases, so it is predicted that the adoption of grape seed extracts to manufacture health supplements is expected to grow in the coming years.

Europe Grape Seed Extracts Market Trends

The Europe grape seed extracts market is expected to grow at a substantial CAGR due to the rising prevalence of different diseases, leading to a growing interest in cutting-edge and superior outcomes. Therefore, consumer awareness of a medicine-free lifestyle and consumer expenditure on wellness, physical fitness, and health have been growing among citizens, contributing to positive market expansion.

The grape seed extracts market in the UK is expected to witness significant growth over the forecast years due to rising consumer awareness of health aligned with increased disposable income, pushing the demand for these products. The increase in consumer spending on health and wellness reflects a significant change in consumer behavior, with more individuals opting to dedicate a greater share of their financial resources to products and services that support their physical, mental, and emotional health.

Asia Pacific Grape Seed Extracts Market Trends

The Asia Pacific grape seed extracts market is expected to witness a significant growth with a CAGR of 9.2% over the forecast period. The region is poised for upward growth, driven by the large populations of countries such as China and India, which significantly increase the demand for grape seed extracts among consumers. Another contributing factor to the rising demand for grape seed extract is its increasing popularity in the healthcare industry.

The grape seed extracts market in China is driven by factors such as the availability of raw materials and the production and processing of grape seed extracts. Chinese grape seed extracts are more affordable because of the country's inexpensive workforce.

Key Grape Seed Extracts Company Insights

Some of the key companies in the grape seed extract market include Indena S. p. A; Botanic Innovations LLC; Polyphenolics; Naturex; Nexira; Augusto Bellinvia srl; NetQem LLC; Hunan NutraMax Inc.; Shijiazhuang Jianhe Biotech Co., Ltd.; Piping Rock Health Products, LLC in the market are focusing on development & to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives.

• Piping Rock Health Products, LLC offers health food products, vitamins, incense, nuts, medicines, seeds, herbs, supplements, and beauty products.

• Nexira offers acacia, natural ingredients, and botanical extracts. The company also provides natural and plant-based ingredients and processes a wide range of natural ingredients into powder form for food, health, and nutrition companies.

Recent Developments

• In March 2024, Hunan Nutramax Inc. launched its seventh-generation monk fruit extract production line in the Dong'an Economic Development Zone of Yongzhou City, China.

Grape Seed Extracts Market Report Scope

Global Grape Seed Extracts Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and analyzes the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global grape seed extract market report based on product, application, and region.

• Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Powder

  • Liquids

• Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Food & Beverage

  • Personal Care

  • Dietary Supplement

  • Others

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U. S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Argentina

  • Middle East and Africa (MEA)

    • South Africa

    • UAE