Grape Seed Oil Market
Report ID: SQMIG30H2148
Grape Seed Oil Market Size, Share, Growth Analysis, By Source of extraction(Conventional, organic, and others), By Application(Food and beverage, cosmetic and personal care, healthcare, and others), By Distribution channel(Supermarkets or hypermarkets, convenience store, online retailers, and others), By Biomarker(PD-L1, BRCA, KRAS, EGFR), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30H2148 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
121
|Figures:
75
Grape Seed Oil Market Insights
Grape Seed Oil Market size was valued at USD 473.49 million in 2021 and is poised to grow from USD 504.26 million in 2022 to USD 888.75 million by 2030, at a CAGR of 6.51% during the forecast period (2023-2030).
Grape Seed Oil is becoming popular since It offers several advantages such as it is high in antioxidants, heart, healthy skin nourishment, anti-inflammatory, and versatile. The grape seed oil contains high levels of antioxidants that aid in shielding the body from harmful free radicals. These free radicals are known to damage cells and contribute to the development of chronic diseases such as cancer, heart disease, and Alzheimer's disease. Conversely, antioxidants can neutralize these harmful molecules, preventing or slowing down the damage they cause. It is also a healthy option due to its composition of low levels of saturated fats and high levels of unsaturated fats, which can help support heart health. The oil is rich in polyunsaturated and monounsaturated fats, which can lower bad cholesterol levels and increase good cholesterol levels. As a result, it can help reduce the risk of heart disease and stroke. Additionally, the oil is free of trans fats, making it a healthier alternative to other cooking oils.
Due to its high content of linoleic acid, grape seed oil is commonly utilized in skincare products to hydrate and nourish the skin. Linoleic acid is an omega-6 fatty acid that plays a significant role in maintaining the skin's barrier function and improving overall skin health. The oil is also lightweight and non-greasy, making it an excellent choice for facial serums and moisturizers. Additionally, grape seed oil contains vitamin E, which acts as an antioxidant and may help to protect the skin against environmental stressors. It has a high smoke point, which means it can withstand high temperatures without breaking down and releasing harmful compounds. This makes it a suitable cooking oil for various high-heat cooking methods like frying and roasting. Apart from its culinary uses, grape seed oil is also commonly used in aromatherapy and massage therapy due to its light texture and mild aroma. It is believed to have relaxing and rejuvenating properties and is often used as a carrier oil for essential oils.
US Grape Seed Oil Market is poised to grow at a sustainable CAGR for the next forecast year.
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Grape Seed Oil Market Segmental Analysis
Global Grape Seed Oil market is segmented on the basis of Source of extraction, application, distribution channel, and region. By Source of extraction, the market is segmented into Conventional, Organic, and others. By Application, the market is segmented into Food and beverage industry, Cosmetic and personal care industry, healthcare industry, and others. By Distribution channel, the market is segmented into Supermarkets, hypermarkets, convenience stores, online retailers, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Grape Seed Oil Market Analysis by Application
The cosmetics and personal care segment is the dominant application segment in the grape seed oil market, accounting for the largest share. This is due to the numerous benefits of grape seed oil for the skin and hair, including moisturization, nourishment, and anti-aging properties, which have led to a high demand for grape seed oil in cosmetics and personal care products.
Meanwhile, the food and beverage industry is the fastest-growing segment in the grape seed oil market. There is an increasing use of grape seed oil in cooking and as a nutritional supplement, as it is high in unsaturated fats, antioxidants, and other beneficial properties. The growing demand for natural and healthy food products has led to an increase in the use of grape seed oil in various food and beverage applications, such as salad dressings, marinades, and baking.
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Grape Seed Oil Market Regional Insights
In terms of both value and volume, Europe dominated the grape seed oil market due to the growing demand for natural and organic products and the presence of major manufacturers in the region. The popularity of grape seed oil in Europe is attributed to its numerous health benefits, including its high antioxidant content and anti-inflammatory properties, which make it a preferred choice among consumers for various applications.
On the other hand, the Asia Pacific region is expected to witness the fastest growth during the forecast period. The region's increasing disposable income and growing awareness of the health benefits of grape seed oil are contributing to the growth of the market in this region. Additionally, the expanding food and beverage industry and the increasing demand for natural and organic products are expected to drive the demand for grape seed oil in the Asia Pacific region. With the increasing demand for natural and plant-based products, grape seed oil is expected to witness significant growth in this region in the coming years.
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Grape Seed Oil Market Dynamics
Grape Seed Oil Market Drivers
Increasing demand for Natural Product to Bolster Market Growth
- The grape seed oil market is being driven by the growing demand for natural and organic products. With increasing awareness among consumers about the potential health risks associated with synthetic ingredients, there is a rising trend towards natural and organic products. As grape seed oil is a natural and plant-based product, it is well-suited to meet this demand. This trend is particularly evident in the cosmetics and personal care industry, where consumers are increasingly seeking natural and organic ingredients in their skincare products. This has led to the use of grape seed oil in a wide range of skincare products due to its natural and hydrating properties. Additionally, the food industry is also witnessing a rise in the use of grape seed oil as a natural and healthier alternative to other cooking oils, as it is low in saturated fats and high in unsaturated fats, making it beneficial for heart health. These factors are expected to drive the growth of the grape seed oil market in the coming years.
Grape Seed Oil Market Restraints
Price Volatility to Hinder Market Growth
- Fluctuations in grape seed oil prices can occur due to various factors such as changes in the availability of grape seeds, production costs, and other related factors. The cost of producing grape seed oil can be high, which can lead to an increase in the final product price. Additionally, the availability of grape seeds can also affect the supply and price of grape seed oil. Adverse weather conditions, crop failures, or other factors affecting grape cultivation can lead to a decrease in grape seed availability, leading to a rise in prices. These factors can act as restraints on the growth of the grape seed oil market.
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Grape Seed Oil Market Competitive Landscape
The grape seed oil market is a highly competitive industry with numerous players vying for market share. Companies compete based on various factors such as product quality, price, and distribution network. To keep up with the evolving consumer demand, companies are striving to enhance their product portfolio by offering premium quality grape seed oil products. Players in the grape seed oil market have adopted various strategies to expand their market presence and increase their customer base. Mergers and acquisitions, partnerships, and collaborations are some of the key strategies employed by these companies. In addition, they are investing in research and development activities to develop innovative products and gain a competitive edge in the market. The market is dominated by large multinational companies that have extensive product portfolios, strong brand images, and vast distribution networks. However, regional players are also making their presence felt in the market by offering high-quality products at competitive prices and leveraging their local distribution networks.
Grape Seed Oil Market Top Player’s Company Profiles
- Olitalia
- Gustav Heess
- Pietro Coricelli
- Jinyuone
- Food & Vine, Inc.
- Oleificio Salvadori Srl
- Costa d'Oro
- Mazola
- SANO
- Aromex Industry
- CEMOI
- Oleificio Zucchi S.p.A.
- Lesieur
- La Tourangelle
- Kanta Enterprises Pvt. Ltd.
Grape Seed Oil Market Recent Developments
- In February 2022, Olvea expanded its range of vegetable oils and butters for cosmetics by introducing Grapeseed Oil (Vitis vinifera). This oil is produced by upcycling a by-product called grape pomace, which is generated during wine production and contains seeds from which oil can be extracted. Olvea's Grapeseed Oil is COSMOS approved and 100% natural, complying with ISO 16128 standards. It possesses highly functional properties that make it a valuable ingredient in skin and hair care products, according to Olvea.
Grape Seed Oil Key Market Trends
- Due to its high smoke point and mild aroma, grape seed oil has become a popular choice in the field of aromatherapy and massage therapy. Its light texture and absorbency also make it an ideal carrier oil for essential oils. This is because grape seed oil has the ability to penetrate the skin easily, which allows the essential oils to be absorbed quickly and effectively. Furthermore, the oil's natural antioxidant properties help to protect the skin from harmful free radicals, while its moisturizing properties help to hydrate and nourish the skin. Due to these beneficial properties, grape seed oil has become a preferred choice for use in various personal care products such as lotions, creams, and massage oils. Additionally, the rising trend of using natural and organic products has also contributed to the growing popularity of grape seed oil in the aromatherapy and massage therapy market.
Grape Seed Oil Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
After conducting a thorough analysis of the global Grape Seed Oil market, we have identified several factors that we believe will contribute to its significant growth during the forecast period. One of the key advantages of the grape seed oil is its high antioxidant content, which makes it highly sought-after by health-conscious consumers. Additionally, its high content of unsaturated fats and low content of saturated fats make it an excellent choice for maintaining heart health. The oil's ability to nourish and hydrate the skin and its anti-inflammatory properties also contribute to its growing popularity in the cosmetics industry.
Furthermore, grape seed oil's versatility is another factor driving its market growth. It is widely used in various industries, including food, cosmetics, and aromatherapy. With the increasing awareness among consumers about the potential health risks associated with synthetic ingredients, there is a growing trend toward natural and organic products, and grape seed oil fits this trend perfectly, being a natural and plant-based product.
However, fluctuations in grape seed oil prices can occur due to various factors such as changes in the availability of grape seeds, production costs, and other related factors. It is, therefore, important for industry players to monitor these factors to ensure that they remain competitive and profitable in the market.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 473.49 million |
| Market size value in 2031 | USD 888.75 million |
| Growth Rate | 6.51% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Grape Seed Oil Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Grape Seed Oil Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Grape Seed Oil Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Grape Seed Oil Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Grape Seed Oil Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Grape Seed Oil Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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