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