A recent report published by Infinium Global Research on the grapeseed oil market provides in-depth analysis of segments and sub-segments in the global as well as regional grapeseed oil market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional grapeseed oil market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global grapeseed oil market. According to the report, the global grapeseed oil market is projected to grow at a CAGR of 4.37% over the forecast period of 2021-2027.

Market Insight

The revenue generated by the market was approximately USD 463 million in 2021 and is expected to reach approximately USD 599 million in 2027. Grapeseed oil is a source of linoleic acid, oleic acid, stearic acid, alpha-linolenic acid, palmitoleic acid. It is been basically obtained from pressed grapes seeds, which is a by-product of winemaking. Grapeseed oil is also used in the making of massage oils, balms, moisturizers, and ointment for sunburn. It contains a large amount of phenolic compounds which include carotenoids, tannins, phenolic acid, and stilbenes. In the olden days, Grapes seed oil was extracted by using mechanical techniques or organic solvent. Grapeseed oil is been largely used in cosmetic products and personal care, especially by the youth population. It is a rich source of polyunsaturated fatty acids (PUFAs). It can have harmful effects if been excessively used in cooking. It contains unsaturated fats, which makes it popular among health-conscious consumers.

The rising awareness regarding the health benefits of Grapeseed Oil among consumers is the major driving factor for the market growth as it offers benefits such as heart health, lowering cholesterol, diabetes, coronary disease, arthritis, prevention of some cancer, asthma, acne, wound healing, etc. The rising number of cases of lifestyle disorders such as cardiovascular diseases, bone & joint problems has propelled the demand for high-quality ingredient formulations from pharmaceuticals and food & beverage industries globally. The increasing cost of production with the rising usage of harmful chemicals like hexane in the production process will act as a market restraints factor for the growth of grapeseed oil. The increasing demand of individuals towards herbal and natural products with the rising number of applications from the healthcare sector will contribute to generating opportunities leading to the growth of the grapeseed oil market in the upcoming future

Among the regions, Asia Pacific accounted for the largest share in the global Grapeseed Oil Market in 2020. The changing lifestyles, increasing purchasing power among the population, and growing working women population is expected to drive the demand for various cosmetic products in this region. Moreover, the growing efforts by major health and wellness product manufacturers have triggered higher advances in product development as per demand in the market. However, the North American region is anticipated to grow with the highest rate in the global Grapeseed Oil Market over the forecast period. The growth is attributed to the increasing preference of consumers towards cosmetic products in emerging markets. In addition, the entry of well-known global brands is expected to propel this regional market during the forecast period

Segment Covered

The report on global grapeseed oil market covers segments such as extraction process, application, and distribution channel. On the basis of extraction process, the sub-markets include mechanical, chemical, and others. On the basis of application, the sub-markets include food & beverages, cosmetics, and healthcare. On the basis of distribution channel, the sub-markets include direct channel, indirect channel, online sales, and specialty stores.

Companies Profiled:

The report provides profiles of the companies in the market such as MEDIA CO VRAC, OLITALIA S.R.L, Specialty Food Association, Inc, Food & Vine Inc, Hebei Biotechnology Co. Ltd, Borges Mediterranean Group, Tampieri Group, Gustav Heess GmbH, ITOCHU Corp, and Aromex Industry.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the grapeseed oil market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.