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

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).

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. 'Mediaco Vrac', 'Tampieri Group', 'Borges Mediterranean Group', '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.'

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.

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.

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.