PUBLISHER: Acute Market Reports | PRODUCT CODE: 1561003
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1561003
The grape seed oil market refers to the global industry focused on the production, distribution, and sale of oil extracted from the seeds of grapes. This oil is known for its polyphenol content, lightweight texture, and versatile applications ranging from culinary uses to skincare. Grapes, predominantly grown for wine production, leave behind seeds which are a valuable byproduct. These seeds are cold-pressed to produce grape seed oil, a pale green, virtually odorless oil known for its numerous health benefits and diverse applications. The oil is rich in linoleic acid, vitamin E, and powerful antioxidants. Due to its multifaceted benefits, it has found a place in various industries such as the food and beverage sector, cosmetics, health supplements, and more. The grape seed oil market is estimated to grow at a CAGR of 9.8% from 2024 to 2032.
Driver: Growing Awareness of Health Benefits
Grapes have been a staple in Mediterranean diets for millennia, with ancient civilizations recognizing their nutritional value. As research advanced, the health benefits of not just the fruit but also the by product - grape seed oil - began to be realized more widely. One of the prominent health benefits of grape seed oil is its high linoleic acid content. Linoleic acid is an essential omega-6 fatty acid which has been associated with improved cardiovascular health. Diets rich in linoleic acid have shown potential in reducing the risk of coronary heart diseases. The oil also contains a significant amount of antioxidants, particularly proanthocyanidins. These antioxidants are known to combat oxidative stress, which plays a role in aging and many chronic diseases. Rich in vitamin E, grape seed oil is gaining traction in the skincare industry. Vitamin E is known for its moisturizing properties and its ability to improve skin elasticity and softness. Being a light oil with a high smoking point, grape seed oil has become popular in cooking. Its neutral taste doesn't overpower dishes, making it suitable for both frying and salad dressings.
Opportunity: Expansion in Cosmetic and Skincare Industry
Grape seed oil, with its rich composition of vitamins and antioxidants, is perfectly poised for expansion in the cosmetic and skincare industry. The shift towards natural and organic products in the beauty industry provides a substantial opportunity for grape seed oil. As consumers become more ingredient-conscious, the demand for products without synthetic additives has surged. The antioxidants present in grape seed oil are known to have anti-aging benefits. With an increasing global population aiming to reduce visible signs of aging, grape seed oil-based products have a lucrative market to tap into. Its lightweight texture makes grape seed oil a preferred choice for many, as it doesn't leave the skin feeling greasy, yet provides effective moisturization.
Restraint: High Production Costs
Despite the numerous advantages, grape seed oil production can be cost-intensive. Grapes primarily cultivated for wine or consumption don't always leave behind seeds suitable for oil extraction. The suitable seeds need special processing, which can be expensive. Cold pressing, the preferred method for grape seed oil extraction to retain maximum nutrients, is more expensive than refining. There's competition from other oils like olive, coconut, and sunflower, which can be produced at a lesser cost.
Challenge: Environmental Concerns and Sustainability
Environmental sustainability is a challenge that cannot be overlooked. Grapes, being water-intensive crops, may pose challenges in regions grappling with water scarcity. Post oil extraction, the residue needs effective waste management solutions. If not managed properly, it can lead to environmental concerns. As grapes are often exposed to pesticides, there's a challenge to ensure that the final oil product is free from harmful chemical residues.
Extraction Process Insights
By Extraction Process, the market is segmented into Mechanically by Pressing, Chemically Extracted, and Others. Mechanically pressed grape seed oil, which retains most of the nutrient profile, recorded the highest revenue in 2023. Consumers' inclination towards natural and less processed products contributed to its dominance. Chemically extracted oils, however, registered the highest Compound Annual Growth Rate (CAGR). Despite concerns about the potential loss of nutrients during the chemical extraction process, this method's efficiency and the ability to produce in bulk make it a preferred choice for many commercial producers. Over the forecast period of 2024 to 2032, mechanically pressed grape seed oil is expected to maintain its dominance in terms of revenue due to the ongoing trend of health consciousness among consumers. Yet, the chemically extracted segment is anticipated to grow robustly, driven by demand from sectors looking for cost-effective options.
Application Insights
When viewed by Application, the segments are Food Industry, Personal Care & Cosmetics, Supplements & Healthcare, and Others. The Food Industry commanded the highest revenue in 2023, a testament to grape seed oil's growing popularity in cooking and salad dressings. Its neutral taste, combined with health benefits, made it a staple in many households. However, the Personal Care & Cosmetics segment saw the highest CAGR. With the beauty industry's continuous evolution, the use of grape seed oil in skincare and cosmetic products due to its moisturizing and anti-aging properties witnessed substantial growth. From 2024 to 2032, it's expected that the Personal Care & Cosmetics segment will continue its upward trajectory, capitalizing on the natural and organic product trend, while the Food Industry segment is also projected to grow steadily due to consistent demand.
Regional Insights
In terms of Geographic Segmentation, various trends were observed in 2023. The European region, with its vast vineyards and established wine industry, generated the highest revenue. Simultaneously, the Asia-Pacific region exhibited the highest CAGR, spurred by rising disposable incomes, increased awareness of health and skincare benefits, and a burgeoning middle class adopting more refined dietary and skincare regimes. Over the next decade, from 2024 to 2032, the European market is expected to sustain its dominant revenue position due to its established infrastructure and consumer base. However, the Asia-Pacific region, with countries like China and India, is anticipated to experience rapid growth, becoming a significant market for grape seed oil producers.
Competitive Trends
The competitive landscape of the grape seed oil industry in 2023 was marked by strategic collaborations, mergers, acquisitions, and innovations. Top players like Mediacovrac, Borges Agricultural & Industrial Edible Oils, S.A.U., Tampieri, Olitalia S.R.L., Gustav HeessOleochemischeErzeugnisse GmbH, Salute Sante, Oleificio Salvadori, Alvinesa Natural Ingredients, VedOils, and Henan Province Kunhua Biological Technology Co., Ltd. dominated in terms of revenue and market share. These companies adopted key strategies like product diversification, sustainability initiatives, and tapping into emerging markets to consolidate their positions. Brands also engaged in rigorous R&D to improve extraction techniques and ensure product purity. With the forecast period from 2024 to 2032 on the horizon, companies are expected to intensify their research efforts, explore sustainable production methods, and expand into regions with high growth potential, aiming for a larger slice of the market pie.
Historical & Forecast Period
This study report represents an analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends & technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. The key data points that enable the estimation of Grape Seed Oil market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users & consumption volume, price, and value.
Geographical revenues generated by countries considered in the report
Micro and macro environment factors that are currently influencing the Grape Seed Oil market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approach for validation of market estimation assures logical, methodical, and mathematical consistency of the quantitative data.
Market Segmentation
Extraction Process
Application
Region Segment (2022-2032; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Key questions answered in this report
What are the key micro and macro environmental factors that are impacting the growth of Grape Seed Oil market?
What are the key investment pockets concerning product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2032.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Grape Seed Oil market?
Which is the largest regional market for Grape Seed Oil market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Grape Seed Oil market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Grape Seed Oil market worldwide?
TABLE 4 Global Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 5 Global Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 6 Global Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 7 North America Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 10 North America Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 11 North America Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 12 North America Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 13 U.S. Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 16 U.S. Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 17 U.S. Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 18 U.S. Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 19 Canada Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 22 Canada Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 23 Canada Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 24 Canada Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 25 Rest of North America Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 28 Rest of North America Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 29 Rest of North America Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 30 Rest of North America Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 31 UK and European Union Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 34 UK and European Union Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 35 UK and European Union Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 36 UK and European Union Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 37 UK Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 40 UK Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 41 UK Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 42 UK Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 43 Germany Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 46 Germany Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 47 Germany Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 48 Germany Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 49 Spain Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 52 Spain Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 53 Spain Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 54 Spain Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 55 Italy Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 58 Italy Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 59 Italy Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 60 Italy Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 61 France Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 64 France Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 65 France Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 66 France Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 67 Rest of Europe Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 70 Rest of Europe Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 71 Rest of Europe Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 72 Rest of Europe Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 73 Asia Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 76 Asia Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 77 Asia Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 78 Asia Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 79 China Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 82 China Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 83 China Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 84 China Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 85 Japan Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 88 Japan Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 89 Japan Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 90 Japan Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 91 India Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 94 India Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 95 India Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 96 India Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 97 Australia Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 100 Australia Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 101 Australia Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 102 Australia Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 103 South Korea Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 106 South Korea Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 107 South Korea Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 108 South Korea Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 109 Latin America Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 112 Latin America Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 113 Latin America Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 114 Latin America Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 115 Brazil Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 118 Brazil Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 119 Brazil Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 120 Brazil Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 121 Mexico Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 124 Mexico Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 125 Mexico Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 126 Mexico Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 127 Rest of Latin America Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 130 Rest of Latin America Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 131 Rest of Latin America Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 132 Rest of Latin America Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 133 Middle East and Africa Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 136 Middle East and Africa Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 137 Middle East and Africa Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 138 Middle East and Africa Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 139 GCC Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 142 GCC Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 143 GCC Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 144 GCC Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 145 Africa Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 148 Africa Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 149 Africa Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 150 Africa Grape Seed Oil Market By Others, 2022-2032, USD (Million)
TABLE 151 Rest of Middle East and Africa Grape Seed Oil Market By Extraction Process, 2022-2032, USD (Million)
TABLE 154 Rest of Middle East and Africa Grape Seed Oil Market By Personal Care & Cosmetics, 2022-2032, USD (Million)
TABLE 155 Rest of Middle East and Africa Grape Seed Oil Market By Supplements & Healthcare, 2022-2032, USD (Million)
TABLE 156 Rest of Middle East and Africa Grape Seed Oil Market By Others, 2022-2032, USD (Million)
FIG. 9Market Positioning of Key Grape Seed Oil Market Players, 2023
FIG. 10Global Grape Seed Oil Market - Tier Analysis - Percentage of Revenues by Tier Level, 2023 Versus 2032