Market Size of Global Grapeseed Extract Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.45 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Grapeseed Extract Market Analysis
Global Grapeseed Extract Market projected to grow at a CAGR of 7.45% during the forecast period 2021-2026.
- The rising awareness regarding the grape seed extract as a functional ingredient that aids in weight loss, cellulite reduction, and improvement of the immune system is expected to have a strong impact on market growth. Furthermore, these extracts are recommended for the treatment of diseases like candidiasis, throat infections, earaches, and diarrhea, which, in turn boosting the market growth significantly.
- Further, in countries like the United States where heart disease is the leading cause of death, is encouraging dietary supplement manufacturers to increase the use of grape seed extracts in the formulation of health supplements to limit the occurrences of heart diseases over the next few years.
- The COVID-19 pandemic has immensely affected the food supply chains, with bottlenecks in farm labor, processing, transport, and logistics, as well as momentous shifts in demand. Food supply chains demonstrated a remarkable resilience in the face of these stresses , which in turn has also impacted the grapeseed extract market growth.
