Selbyville, Delaware, March 23, 2021 (GLOBE NEWSWIRE) —
The Grape Seed Extracts Market value is expected to cross USD 227 million by 2027, according to a new research report by Global Market Insights Inc. Increasing consumer inclination towards health & wellness coupled with favourable antioxidant, antifungal and anti-inflammatory properties of product will escalate the product demand.
Increasing inclination towards products that contain natural and healthy ingredients coupled with favourable government guidelines to improve the nutrition intake among people will fuel grape seed extracts industry demand. Key health benefits including reduction of risk of chronic venous insufficiency, atherosclerosis, obesity, hypertension, cancers, diabetes, and retinopathy will proliferate the industry share. Besides, high R&D investments for developing potential uses of grape seed extracts in various industries will propel business expansion.
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Global grape seed extracts market from cosmetics & personal care segment is set to register over 7.8% CAGR through 2027. Increasing product demand for production of soaps, sunscreen, antidandruff, oral care, antimicrobial, and skin conditioning agents will propel segment growth. Antioxidant property of product helps in increasing cell turnover and collagen synthesis which helps in reducing oxidization and increasing the suppleness of skin. Moreover, strong demand for natural ingredients in skin care and hair care products will spur the overall industry size.
Some major findings of the grape seed extracts market report include:
- Rising prevalence of chronic venous insufficiency, vision problems, diabetes, cholesterol problems, cancer, and other health issues among both geriatric & young populace has boosted the demand for functional food products. This will support the market trends.
- Surge in demand for plant-based ingredients in personal care & cosmetic formulations owing to increasing consumer knowledge and favourable labelling norms will boost product penetration.
- Key benefits of grape seed extracts to fight against skin conditions such as psoriasis and eczema will spur the industry size.
- Utilization of microencapsulation and nanoencapsulation technique in functional food and beverage industry will promulgate the overall market growth.
- Grape seed extracts industry from food & beverage application incurred the highest CAGR and the sector is further anticipated to witness significant gains due to rising consumer demand for health drinks and nutritious food products.
Browse key industry insights spread across 250 pages with 153 market data tables and 22 figures & charts from the report, “Grape Seed Extracts Market Analysis, By Application (Food & Beverages, Cosmetics & Personal Care, Dietary supplements, Pharmaceutical), Form (Liquid and Powder), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:
Europe grape seed extracts market is anticipated to register more than 7.5% CAGR between 2021 and 2027. The region is characterized by strong potential market for cosmetics, nutraceuticals, and fortified foods & beverage products. High consumer health consciousness, penetration of clean label movement, and adoption of vegan lifestyle will spur the product demand in the region. Technological advancements and adoption of encapsulation techniques by manufacturers in the region will enable the development of grape seed extracts infused food, beverage, and pharmaceutical supplements. Consumer demand for replacement of synthetic ingredients with natural ingredients in cosmetics will fuel the product penetration.
Manufacturers are engaged in strategic expansion initiatives including partnerships, acquisitions, joint ventures, digitization, R & D activities to improve their market share and compete with major players. Some of the key players operating in the grape seed extracts market includes Botanic Innovations LLC, Polyphenolics, Nexira, Naturex, Ajinomoto OmniChem, Ambe NS Agro Products Pvt Ltd, Fancy India Corp, Phyto Life sciences Ltd, Natac, and JF Natural.
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About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.