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The grapeseed oil market participants include Tampieri Group, Borges Mediterranean Group, Gustav Heess GmbH, Olitalia S.R.L., Pietro Coricelli, Food & Vine, Inc., ConnOils LLC, Aromex Industry, Oilseeds International Ltd., Oleificio Salvadori, Sophim, Mazola, Jan K. Overweel Limited, and Mediaco Vrac.
Overview
As per the latest research conducted by Global Market Insights Inc., the global grapeseed oil market size is anticipated to cross USD 585 million by 2027. The growing inclination of industry players toward acquisition and merger initiatives is expected to create a favorable ground for business expansion across the grapeseed oil market. Many companies are depicting a keen interest in product development initiatives for strengthening their industry foothold.
Considering an instance, OLVEA rolled out a new grapeseed oil, upcycled from wine-making by-products. Produced in Europe by deploying a green manufacturing process, the product offers several cosmetic benefits and is a contributor to waste reduction. An increase in the development and launch of similar products is touted to augment grapeseed oil market size over the forthcoming years.
Food & Vine, Inc., Gustav Heess GmbH, Oleificio Salvadori, Borges International Group, Sophim, Aromex Industry, Mediaco Vrac, Tampieri Group, ConnOils LLC, Jan K. Overweel, and others are some of the leading industry players. These companies are engaging in research and development activities for gaining a deeper understanding of the different properties of the oil.
Some of the fields available in report -
| Required Fields | Format |
|---|---|
| Market Size in 2022 | USD 480 Million |
| Value Projection by 2032 | USD 710 Million |
| **Compound Annual Growth Rate (CAGR) ** | 4.1% |
| ** Chemical Extraction Process segment in 2032 ** | USD 260 Million |
| ** Cosmetic Application segment in 2032** | 4% CAGR |
| Asia Pacific Market in 2032 | USD 140 Million |
| No. Of Tables | 315 |
| Figures & Charts | 27 |
| No. Of Report Pages | 224 |
| Countries covered in the report | US, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Switzerland, China, India, Japan, South Korea, Australia, Malaysia, Brazil, Argentina, Saudi Arabia, UAE, South Africa |
| Segments covered | Extraction Process, Application |
| Companies covered in the report | Tampieri Group, Borges Mediterranean Group, Gustav Heess GmbH, Olitalia S.R.L., Pietro Coricelli, Food & Vine, Inc., ConnOils LLC, Aromex Industry, Oilseeds International Ltd., Oleificio Salvadori, Sophim, Mazola, Jan K. Overweel Limited, and Mediaco Vrac. |
Highlighting some of the major trends streamlining grapeseed oil industry growth through 2032
Cosmetics: Antimicrobial properties to drive product adoption
Grapeseed oil is considered as one of the most useful and powerful ingredients in hair and skincare. The product contains an array of fatty acids, antioxidants, and vitamins that keep the hair and skin healthy, strong, and nourished. The product has antimicrobial properties that kill the acne-causing bacteria further leading to the clearing of clogged pores for the prevention of breakout.
The growing product popularity can also be attributed to the enhancement of skin tone when used on a regular basis. This is due to the presence of proanthocyanidin, a powerful antioxidant ingredient. These factors are expected to drive product adoption in the cosmetics application.
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Healthcare: Presence of anticancer and cardioprotective properties
The grapeseed oil market from healthcare application was valued at USD 65 million in 2020 and is expected to register substantial expansion over 2021-2027. The rise can be credited to the presence of beneficial properties including anticancer, cardioprotective, anti-inflammatory, and antimicrobial.
The oil could interact with molecular and cellular pathways. The prominent constituents of grape seed oil comprise phytosterols, procyanidins, linolenic acid, carotenoids, tocopherol, quercetin, resveratrol, and others.
Food & beverages: Growing organization of trade exhibitions
An increase in the organization of food expos is expected to create favorable opportunities for grapeseed oil manufacturers and industry contenders through the forecast period. An instance of the same is the December 2021 event, IEOE 2021 – China International Edible Oil Industry Expo. The event exhibited various products including flaxseed oil, grape seed oil, olive oil, and others and underscored their applications in the food industry.
Such events are expected to augment Asia Pacific market revenue to a remarkable extent. Considering other regions, Europe grapeseed oil market accounted for USD 175 million in 2020 and is expected to record appreciable growth through 2027.
Way forward The upcoming years are poised to register an increasing demand for high-performance supplements. This is set to be on account of the growing prevalence of chronic diseases comprising obesity, diabetes, low blood pressure, and others, which is expected to bolster grapeseed oil market share across various regions.
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About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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