Reliable Data You Can Trust
Reliable Data You Can Trust
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 the 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.
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, and 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 ointments for sunburn. It contains a large number
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 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, and 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 for 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 at the highest rate in the global Grapeseed Oil Market
over the forecast period. The growth is attributed to the increasing preference
of consumers toward 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
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.
The report provides profiles of
the companies in the market such as MEDIACO 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.
The report provides deep insights into 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 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 insight into the market share of the leading players.
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