Grape Seed Oil Market – Global Industry Analysis and Forecast (2023-2029)

Grape Seed Oil Market is anticipated to reach US$ 9.55 Bn by 2029 from US$ 5.32 Bn in 2022 at a CAGR of 4.90% during a forecast period.

Grapeseed oil is obtained from pressed grape seeds, which are a byproduct of winemaking. It contains polyunsaturated fatty acids like linoleic acid and palmitic acid, among others. The grape seed oil also contains phenols, steroids, a trace of vitamin E, saturated fat, and a high concentration of polyunsaturated fatty acids. Cosmetics and personal care products contain grape seed oil. It is also used to treat acne and as an anti-inflammatory agent, among other things. However, there are some drawbacks to using grapeseed oil in large quantities in cooking.To know about the Research Methodology :- Request Free Sample Report

The report has covered the market trends from 2017 to forecast the market through 2029. Where 2021 is considered a base year to forecast the market from 2023 to 2029. However, 2022 market size is estimated on real numbers and outputs of the key players and major players across the globe.
Grape Seed Oil Market Dynamics
The increasing use of grapeseed oil in cosmetics is one of the key factors driving the grapeseed oil market growth. As a result, because grape seed oil includes Vitamin E and Omega 6 fatty acids, it is commonly used in skin and hair care products. Vitamin E aids in the fight against free radicals as well as skin rejuvenation. It's a potent antioxidant that aids in the elimination of dead skin cells and encourages hair growth. Besides, the growing popularity of herbal and natural goods is expected to propel the global market forward. Increased consumer spending on chemical-free cosmetics with natural components has boosted demand for organic skin care products, which is expected to drive the grapeseed oil market trend during the forecast period.

In addition, the market growth is supported by a growing consumer trend toward the usage of natural ingredients due to their higher health benefits. Grapeseed oil is a healthy oil that is popular among health-conscious consumers since it contains unsaturated fats. Consumer awareness of grapeseed oil's health benefits, such as cholesterol reduction, diabetes, coronary artery disease, arthritis, cancer prevention, asthma, acne, wound healing, and so on, is driving the growth of the global market.

Restraints: the high manufacturing cost of the grape seed oil is likely to hamper the growth of the global grape seed oil market during the forecast period.
Grape Seed Oil Market Segmentation Analysis
By Application, Grapes oil contains a considerable amount of vitamin E and vital fatty acids as compared to other vegetable oils, making it an ideal healthy cooking oil. Grapeseed oil is also used commonly in the food and beverage industry as a replacement for canola, peanut, sunflower, olive, safflower, and almond oil. It has many uses in the kitchen, including salad dressings, stir-frying, baking, and marinades. Thus, in 2021, the food and beverage segment dominated the global market with a market value of USD 170 million.

The personal care and cosmetics segment dominated the market in 2021, with a market share of 20.59 percent. Skincare, anti-aging, hair care, skin toners, moisturizers, creams, massage & bath oils, and sunscreen lotions, all use grapeseed oil.
Grape Seed Oil Market Regional Insights
North America dominated the Grape Seed Oil Market in 2022 with a 34.7 percent share. Consumers are increasingly preferring organic, non-GMO, and sustainable food products due to rising food safety concerns. The presence of large industrial and a rapidly growing food sector in countries like the United States and Canada in this region is also helping to grow the market.

The Asia Pacific region is expected to grow at a faster CAGR during the forecast period, owing to the increasing ability of grapeseed oil to improve health by lowering cholesterol levels in the body and ensuring proper health functioning. Factors such as rising disposable income, improved standard of living, and increased awareness of personal grooming are expected to drive the personal & cosmetics industry, particularly in China and India, where demand is expected to grow further.
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Grape Seed Oil Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 5.32 Bn.


Forecast Period 2023 to 2029 CAGR:
4.90%
Market Size in 2029:
US $ 9.55 Bn.


 Segments Covered:
by Extraction Process
Mechanical
Chemical
Others


by Application
Food & Beverages
Cosmetics
Healthcare


by Nature
Organic
Conventional


by Distribution Channel
Direct
Indirect



Grape Seed Oil Market by Region

North America
Asia pacific
Europe
Middle East and Africa
South America
Grape Seed Oil Market Key Players
1. Oilseeds International, Ltd
2. Jan K. Overweel Limited (JKO)
3. BORGES INTERNATIONAL GROUP, S.L
4. Olitalia
5. MEDIACO VRAC
6. Tampieri Group
7. Oleificio Salvadori SRL
8. COSTA D’ORO
9. Kunhua Biological Technology Co.,Ltd
10. Aromex Industry
11. Henan Kunhua Biological Technology Co., Ltd
12. Gustav Heess GmbH
13. Pietro Coricelli
14. Jinyuone Co. Ltd
15. Food & Vine, Inc
16. Hebei Xinqidian Biotechnology Co., Ltd

Frequently Asked Questions:

1. Which region has the largest share in Global Grape Seed Oil Market?
Ans: Asia Pacific region holds the highest share in 2022.

2. What is the growth rate of Global Grape Seed Oil Market?
Ans: The Global Grape Seed Oil Market is growing at a CAGR of 4.90% during forecasting period 2023-2029.

3. What is scope of the Global Grape Seed Oil market report?
Ans: Global Grape Seed Oil Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Grape Seed Oil market?
Ans: The important key players in the Global Market are – Oilseeds International, Ltd, Jan K. Overweel Limited (JKO), BORGES INTERNATIONAL GROUP, S.L, Olitalia, MEDIACO VRAC, Tampieri Group, Oleificio Salvadori SRL, COSTA D’ORO, Kunhua Biological Technology Co.,Ltd, Aromex Industry, Henan Kunhua Biological Technology Co., Ltd, Gustav Heess GmbH, Pietro Coricelli, Jinyuone Co. Ltd, Food & Vine, Inc, Hebei Xinqidian Biotechnology Co., and Ltd.

5. What is the study period of this market?
Ans: The Global Grape Seed Oil Market is studied from 2022 to 2029.