Grape Seed Extract Market, by Form Type (Powder, Liquid, and Gel), 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) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Grape seed extracts are often used as dietary supplements for various illness conditions counting venous insufficiency and also help to heal the wound. They are prepared by removing, drying, and pulverizing the grape seeds. These seeds are rich in antioxidants such as phenolic acids, flavonoids, and anthocyanins. Some of the benefits of grape seed extracts include antibacterial, antifungal, and antiviral properties.
Market Dynamics
The grape seed extract is used as a dietary supplement for various illnesses. Moreover, increase in consumer awareness regarding multiple benefits offered by grape seed extracts including improvised healing process of injuries has been fueling the target market growth. Grape seed extracts have a variety of applications as functional food & beverages and dietary supplements among others.
Grape seed extracts are enriched with anti-ageing and antioxidant properties. This factor has been surging its role in personal care product applications, and is likely to augment the grape seed extract market during the forecast period. Furthermore, the grape seed extract reduces inflammation. Additionally, its usage in the treatment of cancer is anticipated to propel the grape seed extract market growth. For instance, according to a data published by Memorial Sloan Kettering Cancer Center in 2020, Preclinical studies of grape seed proanthocyanidin extract (GSPE) suggest cardioprotective and anticancer effects. Moreover, it can help minimize various drug-induced toxicities.
Moreover, key players are focusing on various strategies such as new product launches in order to expand their product portfolio. For instance, Swisse, a health and wellness firm recently announced its plans to launch dietary supplements and skincare products containing upcycled grape seed extract.
Key features of the study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook