Grape Seed Extract Market Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

 

Grape Seed Extract Market

Grape Seed Extracts are dietary supplements made by extracting, drying, and pulverising grape seeds. Antioxidants such as anthocyanins, phenolic acids, and flavonoids are abundant in these seeds. Other advantages of grape seed extracts include antifungal, antibacterial, and antiviral properties. Vitis Vinifera is another name for grape seed extract. It is a grape seed extract that contains vitamin P (bioflavonoids), vitamin E, reservatrol, and linoleic acid.

The growing importance of grape seed extracts as a functional ingredient in weight loss has fueled the target market's expansion. Furthermore, the use of grape seed extract in cellulite reduction and immune system improvement is expected to drive market growth. For example, according to data published in 2020 by Multidisciplinary Digital Publishing Institute, the beneficial effects of grape seed extract on body weight and fat storage in hamsters were studied. The addition of GSE to the diet resulted in a significant reduction in body weight gain. Furthermore, these extracts are used to treat diseases such as throat infections, candidiasis, diarrhoea, heart disease, and earaches.

The global Grape Seed Extracts Market is estimated to surpass US$ 225.7 million by the end of 2027 in terms of revenue, exhibiting a CAGR of 7.8% during the forecast period (2021 to 2027).

According to a report published by the United States Department of Health and Human Services, heart disease is responsible for the deaths of approximately 610,000 people worldwide each year. Furthermore, coronary heart disease (CHD) is responsible for 370,000 deaths each year. As a result, it is expected that dietary supplement manufacturers will increase their use of grape seed extracts in the formulation of health supplements.

Because of its oligomeric procyanidins (OPC) properties, grape seed extracts are used as a supplement ingredient by the majority of supplement manufacturers to treat conditions such as atherosclerosis, high cholesterol, and poor blood circulation. Furthermore, some companies are increasing the amount of grape seed extract in their functional beverages.  For instance, Youthy Forever has increased its grape seed extract content in its juice drinks namely pineapple, prickly pear juices, and passion fruit.

Excessive consumption of grape seed extracts may result in allergic reactions and other health issues; these factors are expected to limit the grape seed extract market's growth. Furthermore, the high cost of grape seed extracts may pose a market challenge for grape seed extract during the forecast period. The current trend of target market growth is increasing demand for grape seed extracts in the pharmaceutical industry. The grape seed extract is included in nutritional supplements as it is a more economical way of gaining plant-based antioxidants. According to a Medical News Today article, grape seed extract is available as a dietary supplement in liquid, tablet, or capsule form.

Supplements typically contain 50 to 100 milligrammes (mg) of the extract. These supplements are available for a variety of purposes, including beauty, cardiovascular support, and vision improvement. To compete in this product segment, companies are investing in product innovation. Furthermore, most dietary and nutraceutical supplements contain powdered grape seed extracts because consumers prefer this form of grape seed extract and it is inexpensive and easy to use. Bulk Powder, based in the United Kingdom, launched seed extract powder made from red grapes, which can be consumed by gluten- and lactose-intolerant consumers.