Grape Seed Extract Market Size, Share & Trends Analysis Report By Product (Powder, Liquid, Gel), By Application (Nutritional Supplements, Pharmaceutical, F&B, Personal Care), And Segment Forecasts, 2019 - 2025

Research Methodology

A three-pronged approach was followed for deducing the grape seed extract market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for grape seed extract market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of grape seed extract market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Grape Seed Extract Market Categorization:

The grape seed extract market was categorized into three segments, namely product (Powder, Liquid, Gel), application (Food and beverages, Personal care, Nutritional supplements, Pharmaceutical), region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa).

Segment Market Methodology:

The grape seed extract market was segmented into product, application, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The grape seed extract market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into seven countries, namely, the U.S.; the UK; Germany; China; India; Brazil; South Africa.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Grape seed extract market companies & financials:

The grape seed extract market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Indena S.p.A. - Established in 1921, Indena S.p.A., a Milan-based company, specializes in the extraction of medicinal plants. The company began manufacturing botanical derivatives in their final dosage form in the 1950s. As of 2020, Indena S.p.A. employs 800 people, operates four production facilities, and conducts sales in over 80 countries. The company has expanded its global presence with five international branches and holds more than 100 primary patents. Its business is primarily focused on Europe (42%), followed by North America (32%), Asia Pacific (20%), South America (5%), and the Middle East & Africa (1%). Indena S.p.A. also provides contract manufacturing and development services. It has a research and development center and two production facilities in Italy, along with manufacturing plants in India and France. The company’s operations are divided into two segments: pharmaceuticals and nutraceuticals. The pharmaceutical segment includes products like 10-Deacetylbaccatin III, 18β-GA, Alder Buckthorn, Bilear, Boldine, Cabazitaxel, Centella Asiatica, Chinese Rhubarb, and others. The nutraceuticals segment offers ingredients such as Anthocran, Artichoke, Beanblock, Black Cohosh, Boldo, Butcher’s Broom, and more.

• Botanic Innovations LLC - Botanic Innovation LLC, established in 1999 and based in Wisconsin, U.S., is a leading supplier of nutria powders and specialized oils for the pharmaceutical and personal care industries. The company utilizes a cold-press process to produce botanical extracts, resulting in high-purity products free from chemicals. The company’s offerings are organic, natural, non-GMO, and gluten-free. These ingredients are certified organic, comply with cGMP & KOSHER standards, and have FDA approval. Botanic Innovation LLC operates across four key sectors: Botanical Oils, Nutri-powder, Beauty & Personal Care, and Health and Nutrition. The Botanical Oils sector includes seed oils from a variety of sources such as blackberry, black raspberry, broccoli, carrot, cranberry, cucumber, flaxseed, chia, grapes, and more. The Nutri-powder sector focuses on seed powders from blackberry, cucumber, flax seed, and grapes, among others, and offers organic powders from the same raw materials. The Beauty & Personal Care sector offers products such as fruit seed oil vitamin C serum with 20% vitamin C, Healthy aging oil blend formula, Hydrating oil blend formula, and original oil blend formula.

• NetQem - Founded in 1997 and headquartered in North Carolina, U.S., NetQem is a company that specializes in providing custom services, specialty chemicals, and active pharmaceutical ingredients to industries such as pharmaceuticals and cosmetics. NetQem has a global footprint with operations in countries like Canada, the U.S., Germany, the UK, Italy, France, Austria, and Japan. As a global supplier, it provides bulk ingredients and fine chemicals to various sectors including biotech, pharmaceutical, drug discovery, nutraceutical, cosmetic, and specialty chemicals industries. The company’s product portfolio is diverse and includes categories such as Amino Acids, Peptides & Derivatives, Nucleosides & Nucleotides, Resins for Solid Phase Synthesis, Pharmaceutical Intermediates, Chiral Compounds, Phytochemical & Natural Products, Specialty & Custom Chemicals, Active Pharmaceutical Ingredients, Nutritional Supplements Ingredients, and Cosmetic Ingredients.

• Nexira - Established in 1895, Nexira, with its headquarters in Normandy, France, is a key player in the supply of organic and natural plant-based ingredients. The company has a global footprint, with operations in over 80 countries worldwide. Nexira is a market leader in the supply of acacia gum, holding a 40% share of the global market. Its product range includes soluble dietary fibers, active botanical extracts, plant extract powders, and antioxidants. The company’s ingredient solutions primarily cater to the Food & Beverage, Nutrition, and Health & Well-being industries. The Starlight and Inavea brands are specifically designed for the food and beverage industry. The nutrition industry is served by products such as Cactinea, Exocyan, immune, and inavea. For the health & well-being industries, Nexira offers products such as NutritBeauty, Cognivia, Pelargonium, Flexigo, and Cactinea.

• Polyphenolics - Founded in 1996, Polyphenolics is a California-based company that specializes in the research and development of products, particularly polyphenols, derived from grape seeds. It operates as a division of Constellation Brands, one of the largest wine companies. Given its association with a wine-producing company that uses grapes as a raw material, Polyphenolics has a guaranteed abundant supply of grape seeds. The company grows its grapes in California and its vertically integrated operations give it full control over the manufacturing process. Its product portfolio boasts patented products such as MegaNatural-BP, MegaNatural-Gold, and MegaNatural Red Wine Grape Extract with trans-resveratrol, among others.

• Ajinomoto OmniChem - Established in 1908, Ajinomoto OmniChem is a Tokyo-based company that is a part of the Ajinomoto Group. The group has over 100 manufacturing facilities worldwide and primarily manufactures amino acids. It also focuses on the production and research & development of products for various industries including specialty chemicals, pharmaceuticals, sports nutrition, nutraceuticals, and cosmetics. The company operates under four main divisions: Pharmaceutical CDMO Services, Agrochemical Solutions, Botanical Extractions, and Amino Sciences. The Pharmaceutical CDMO Services division produces APIs and other intermediaries, with manufacturing plants located in Belgium. The Agrochemical Solutions division manufactures the Tensiofic product line, which includes surfactants designed for agrochemical applications.

• Ambe NS Agro Products Pvt. Ltd. - Ambe NS Agro Products Pvt. Ltd., established in 2010 and based in Delhi, India, is primarily engaged in the supply, testing, and production of botanical extracts and organic products for the nutraceutical and pharmaceutical sectors. The company has a manufacturing plant in Haryana, India, which is backed by research and development activities equipped with modern tools such as high-performance liquid chromatography to ensure extract quality. The company offers a broad range of products, including phytochemicals, dry extracts, herbal extracts, nutraceutical products, herb powders, essential oils, flavors, and fragrances for dietary supplements, cosmetics, and pharmaceutical industries. The company holds several quality certifications, including HACCP, USDA ORGANIC, ISO 9001:2015, HALAL, GMP, and India Organic. The company exports to Africa, Eastern Asia, Southeast Asia, North America, and Eastern Europe, accounting for 40%-50% of the company’s revenue share. As of the end of 2020, the company employed 5 people.

• Nutra Green Biotechnology Co., Ltd. - Established in 2011, Nutra Green Biotechnology Co., Ltd., based in California, U.S., primarily focuses on the supply and production of herbal raw materials for manufacturers of pharmaceuticals, supplements, food, and skincare products. The company has a global presence, spanning approximately 40 countries across North America, Europe, and Asia Pacific, and offers contract manufacturing services to its clients. Its product range includes botanical extracts, purified active ingredients, and crude raw powders. The company sources raw materials from a variety of herbs such as Rhodiola Rosea, Licorice root, Green tea, Astragalus, Grapeseed, Magnolia Bark, ginseng, and more. In collaboration with Gansu Agricultural University, the company is working on the development of ingredients for nutritional products.

• Ambe Phytoextracts Pvt. Ltd. - Established in 2007, Ambe Phytoextracts Pvt. Ltd. is a Delhi-based company in India. The company specializes in the production of herbal extracts, oleoresins, nutraceuticals, as well as fruit and vegetable powders for the herbal, food supplement, and cosmeceutical sectors. The company’s manufacturing unit, spanning 100,000 square feet, has the capacity to process 1,000 tons of raw materials annually. With a workforce of over 150 employees, the company offers a diverse range of products, including botanical extracts, nutraceuticals, phytochemicals, oleoresin oil, natural colors, and spray-dried powders.

• Scandinavian Formulas - Scandinavian Formulas, a company established in 1996 and based in Pennsylvania, U.S., specializes in the manufacture of specialty and fine chemicals. These ingredients are used in various industries including food, pharmaceuticals, nutrition, pet care, and cosmetics. The company’s product line includes amino acids, botanicals, extracts, hydrocarbons, nutraceuticals, personal care products, oils, pharmaceuticals, and lubricants. The company operates through three main divisions: the Chemical & Ingredients Division, the Consumer Products Division, and the Bulk Soft gels, Tablets, and Capsules Division. The Chemical & Ingredients Division handles a variety of chemicals such as abrasives, absorbents, acerola, acetanilide, acetates, benzyl, benzylic acid, calcium acetate, and more. The Consumer Products Division offers products such as shark liver oil, bilberry extract, SalivaSure, and Nozovent, among others. Recently, the company has also begun the production of soft gels, capsules, and tablets in bulk.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Grape Seed Extract Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2018, historic information from 2015 to 2017, and forecast from 2019 to 2025). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Grape Seed Extract Market Report Assumptions:

• The report provides market value for the base year 2018 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.