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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:

https://www.coherentmarketinsights.com/market-insight/grape-seed-extract-market-4497

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:

  • Among regions, North America accounted for a significant market share in 2020. Rising consumer awareness about medicine-free lifestyle has been propelling the target market growth. Moreover, consumer spending on fitness, health, and wellness has also increased tremendously in this region, supported by high disposable income. For instance, according to a data published by Global Wellness Institute organization in January 2020, US spends over US$ 828 Billion in physical activity market per year.

Key Takeaways of the Market:

  • Among applications, nutritional supplement segment dominated the grape seed extracts market in 2020. Grape seed extracts are rich in antioxidants and are usually included in supplement formulations. Such supplements are available for cardiovascular support, beauty, and improving vision.

Key players

  • Major players operating in the global grape seed extract market include Botanic Innovations LLC, Polyphenolics, NATUREX, Nexira, Augusto Bellinvia srl, Hunan NutraMax Inc., Jianhe Biotech Co., Ltd., Ambe NS Agro Products Pvt. Ltd., Midas Pharma GmbH, and Bhooratna Agri Processors
  • Key players operating in the grape seed extract market have been investing in research & developments in order to strengthen their market presence and expand their product portfolio. For instance, in November 2020, Vincare extract showed significant benefits in levels of HDL-cholesterol. The whole grape extract group experienced improvements in the ratio of total cholesterol to HDL cholesterol, reported to be the most specific lipid risk factor for cardiovascular disease (CVD).

Global Grape Seed Extract Market - Impact of Coronavirus (COVID-19) Pandemic

  • The use of grape seed extract is expected to rise during the pandemic and post-pandemic conditions, worldwide. Moreover, coronavirus (COVID-19) outbreak has majorly impacted the grape seed extract industry and in turn has changed the dynamics of the entire ecosystem including raw material suppliers. The increasing spread of COVID-19 has compelled the manufacturers to deploy precautionary measures in their facilities. Additionally, lockdown in various countries such as India, China among others and the cease in the subsequent trade activities has suspended the supply chain activities.
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