The global grape seed extract market was valued at US$ 133.5 million in 2020, according to Grape Seed Extract Market Report, by Form Type (Powder, Liquid, and Gel), and by Application (Food & Beverages, Personal Care, Cosmetics, Nutritional Supplements, Pharmaceutical, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa), published by Coherent Market Insights.
The global grape seed extract market is expected to surpass US$ 225.7 million by 2027, exhibiting a CAGR of 7.8% during the forecast period (2021-2027). Owing to its oligomeric procyanidins (OPC) properties, grape seed extracts are added in various supplement formulations. Oligomeric procyanidins (OPC) properties are utilized in treatments related to macular degeneration, high cholesterol, low blood circulation, and others. These factors are augmenting the growth of grape seed extracts market. Grape seed extracts are rich in antioxidants such as phenolic acids, anthocyanins, and flavonoids. For instance, an article published by Medical News Today, the antioxidants in grape seed extract can potentially protect the blood vessels from becoming damaged, which may prevent high blood pressure. Therefore, these factors also influence the growth of the grape seed extract market to a great extent. Grape seed extracts are used across various applications such as food & beverages, pharmaceuticals, personal care, nutritional supplements, and others. Moreover, grape seed extracts also have other benefits such as include antibacterial, antifungal, and antiviral properties. For instance, according to a data published by National Center for Biotechnology Information in 2019, grape seed extracts have powerful antibacterial and antifungal properties.
To know the latest trends and insights prevalent in this market, click the link below:
Browse 50 market data tables* and 45 figures* on "Grape Seed Extract Market” - Global Forecast to 2027.
Key Trends and Analysis of the Grape Seed Extract Market:
Key Takeaways of the Market:
Global Grape Seed Extract Market - Impact of Coronavirus (COVID-19) Pandemic
Joining thousands of companies around the world committed to making the Excellent Business Solutions.