Plant-based Foods Is Fastest Growing Segment Fueling The Growth of Grape Seed Extract Market

 The Benefits Of Grape Seed Extract, Grape Seed Extract Anti Aging - Sunsafe Rx

The global Grape Seed Extract Market is estimated to be valued at US$ 219.7 Mn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Grape seed extract is a highly potent antioxidant used in dietary supplements and cosmetic products due to its high antioxidant and anti-inflammatory properties. It helps boost heart health, improve vision, and fight aging.

Market Key Trends:

The growth of the plant-based foods industry is fueling demand for grape seed extract. Grape seed extract has gained popularity as a natural preservative and antioxidant in plant-based meat and dairy alternatives. Its ability to extend shelf-life and impart color without artificial ingredients makes it suitable for use in many vegan foods. Rising health consciousness and concerns about sustainability have led to increased consumption of plant-based products globally. This growing market for vegetarian and vegan foods is expected to drive the demand for grape seed extract over the forecast period.

Segment Analysis:

The global grape seed extract market is segmented into product type and application. By product type, the market is fragmented into powder, liquid, and gel capsule. Among these, the powder segment dominates the market due to ease of use in the food and beverage, nutraceuticals, and personal care industries. Powder grape seed extract provides stability at room temperature and facilitates hassle-free consumption.

Key Takeaways
The global grape seed extract market is expected to witness high growth, exhibiting CAGR of 8.4% over the forecast period, due to increasing health awareness among consumers.

Regional analysis
The Asia Pacific region is expected to witness the fastest growth in the grape seed extract market over the forecast period. This is attributed to increasing disposable incomes coupled with rising health awareness in the region. Furthermore, ample availability of grape seeds and abundance of dietary supplements manufacturers in the region also contribute to its market dominance.

Key players
Key players operating in the grape seed extract market include Botanic Innovations LLC, Polyphenolics, NATUREX, Nexira, Augusto Bellinvia srl, Hunan NutraMax Inc., Jianhe Biotech Co., Ltd., Ambe NS Agro Products Pvt. Ltd., Midas Pharma GmbH, and Bhooratna Agri Processors. These key players collectively account for a considerable share in the global market. They have wide distribution networks and product portfolios targeting individual application areas.

Comments

Post a Comment

Popular posts from this blog

Nonylphenol Ethoxylate Market Size 2023 | Key Growth Drivers and Latest Opportunities

Image
Nonylphenol Ethoxylate  Nonylphenol ethoxylate (NPE) is a group of nonionic surfactants that are commonly used in a variety of industrial and household applications. They are produced by reacting nonylphenol with ethylene oxide, resulting in a range of products with varying degrees of ethoxylation. NPEs have been used in detergents, cleaning products, and personal care products as a surfactant, emulsifier, and wetting agent. They are also used in industrial applications, such as in the production of textiles, paper, and leather. However, NPEs have been found to be persistent in the environment, and are known to be toxic to aquatic life. They are also known to disrupt the endocrine system of animals, including humans, by mimicking the effects of estrogen. For these reasons, the use of NPEs has been restricted or banned in some countries, including the European Union and Canada. Many manufacturers have switched to using alternative surfactants, such as alcohol ethoxylates, which are cons
Read more

Hydrogen Peroxide Market Unveiled: Exploring Global Trends, Growth Drivers, and Future Prospects

Image
  Hydrogen Peroxide Market Overview Hydrogen peroxide (H₂O₂) is a chemical compound with a variety of industrial and consumer applications. It is a pale blue liquid, commonly used as a disinfectant, bleaching agent, and oxidizer. The hydrogen peroxide market is driven by its extensive use across various sectors, including healthcare, paper and pulp, textiles, food processing, electronics, and water treatment. Market Drivers Healthcare Industry:  Hydrogen peroxide is widely used as a disinfectant and antiseptic in the healthcare sector. It is employed for cleaning wounds, sterilizing medical equipment, and as a mouthwash. The ongoing emphasis on healthcare and hygiene has contributed to the  hydrogen peroxide market growth . Paper and Pulp Industry:  Hydrogen peroxide is utilized as a bleaching agent in the paper and pulp industry. It helps to whiten paper products and remove impurities, contributing to the production of high-quality paper. Textile Industry:  In the textile sector, hydr
Read more

Polyferric Sulfate Market Analysis: Growth, Trends, and Opportunities

Image
Polyferric sulfate, also known as PFS, is a chemical compound that finds widespread application in various industries. This inorganic coagulant is primarily utilized for water treatment and purification processes. It is an iron-based coagulant that is highly effective in removing impurities, such as suspended solids, organic matter, and contaminants, from water sources. Polyferric sulfate is known for its superior coagulation and flocculation properties, making it a preferred choice for treating both industrial and municipal water supplies. The market for polyferric sulfate has witnessed significant growth over the years due to increasing concerns about water quality and the need for efficient water treatment solutions. As populations grow, industrial activities expand, and environmental regulations become more stringent, the demand for reliable water treatment chemicals like polyferric sulfate has surged. This has led to a robust market expansion, driven by the critical role that PFS
Read more