In 2022, the global grape skin extract market was estimated to have acquired USD 164.47 million. Changing consumer preferences towards clean-label cosmetics and supplements is likely to aid the sales to USD 391.37 million by 2033, garnering a CAGR of 8% during the forecast period, 2023 to 2033.
The primary factors influencing this growth are the rising demand for cosmetic products containing botanical ingredients like grapes (grape skin extract) along with the rising number of food and beverage companies using grape extracts as natural and secure ingredients in their manufactured goods because of their antioxidant properties.
Squeezing, crushing, or shattering the grape releases grape skin extract, a natural substance. There are several health advantages of grape extract. It may be used to add more antioxidants to food goods like ice cream as well as cereal bars to make them nutritious. It may be found in cosmetics such as sunblock, skin-lightening and tightening agents, and hair care items.
It has been noted that a sizeable portion of Americans experience heart-related problems. According to a research by the U.S. Department of Health & Human Services, coronary artery disease is thought to be the cause of death for around 620,000 Americans each year. For example, coronary heart disease (CHD) causes 370,000 fatalities per year. Dietary supplement producers are anticipated to utilize grape skin extracts in the production of health supplements more often throughout the next few years in an effort to reduce the incidence of cardiac ailments.
Report Attribute | Details |
---|---|
Estimated Market Value (2022) | USD 164.47 million |
Expected Market Value (2023) | USD 177.96 million |
Projected Forecast Value (2033) | USD 391.37 million |
Anticipated Growth Rate (2023 to 2033) | 8% CAGR |
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During the historical period from 2018 to 2022, the global grape skin extract market experienced a growth at a CAGR of 5.1%. By the end of 2018, this market was valued at USD 121 million.
The increasing demand for grape skin extract as a functional component that promotes immune system enhancement, weight loss, as well as cellulite reduction is anticipated to have a significant influence on market expansion. They are suggested for the treatment of illnesses including candidiasis, earaches, throat infections, and diarrhea due to these extracts' remarkable anti-bacterial and anti-fungal qualities.
The use of grape skin extracts in various personal care and cosmetics products helps to preserve skin hydration, lessen irritation, and reduce fine lines as well as wrinkles. In 2022, as a result of such factors, the revenues went beyond USD 164.47 million in 2022.
Grape Skin Extracts has Significant Usage in Personal Care and Cosmetics Industry
A substantial portion of the worldwide market for personal care products is where grape skin extract is used. This kind of ingredient has been traditionally used for decades to fight premature aging and wrinkles because it contains proanthocyanidins, which guard against sun damage, prevent collagen breakdown, and fight free radicals. Grape skin extracts are frequently utilized as astringents or moisturizers to treat acne due to its antibacterial qualities.
Grapes offer significant quantities of resveratrol-rich phenols such flavonoids, catechins, as well as polyphenols recognized to stimulate follicular stimulation while lowering DHT activity in the scalp. Future uses might include hair growth therapies (particularly hair loss) with this vine extract.
Grape Skin Extracts are gaining Traction for their Oligomeric Procyanidins (OPC) Properties
Grape skin extract is a common component among supplement producers due to the oligomeric procyanidins (OPC) characteristics present in the grape skin extract. Treatment of diseases including atherosclerosis, poor blood circulation, excessive cholesterol, macular degeneration, as well as nerve damage might benefit from these characteristics.
Several businesses are adding more grape seed extract to their line of functional drinks in order to make their functional beverages healthier. For example, Youthy Forever blends the juices of passion fruit, pear, and prickly pear, and has tripled the amount of grape skin extract in its pineapple. This component has a 40 mg content in every 8-oz serving.
These components include high quantities of linoleic acid as well as omega-6 fatty acids, which reduce blocked pores and aid in treating acne. It also has anti-inflammatory properties and antimicrobial, which makes it the perfect remedy to reduce breakouts.
Grape Skin Extracts has some Serious Side-effects which is likely to Impede the Market Growth
Bleeding, both inside and externally, is one of the most noticeable negative consequences of grape skin extract. It may slow down blood coagulation, resulting in wounds and bruises that bleed for a longer period of time. Internal bleeding, including gastrointestinal bleeding signs like blood in the vomit, red blood in the feces, and tarry stools, can also be brought on by grape skin extract. Grape skin extract can have allergic side effects like wheezing, breathlessness, rashes, swelling of the lips, tongue, mouth, or throat, hives, and more.
The Dietary Supplements from Grape Skin Extract is expected to be High in Demand during the Forecast Period
By end-use, the dietary supplements are anticipated to be a lucrative segment in the global market for grape skin extract during the forecast period. In 2022, this segment acquired over 53% of the global market share.
Grape skin extract is typically included in supplements since it is a more practical way to obtain plant-based antioxidants. These supplements can be used for a variety of things, including supporting the heart, improving beauty, and sharpening vision. Companies are spending money on innovative products in order to prosper in this market. For example, in France, Bluebonnet Nutrition Corporation unveiled a grape skin extract from Champagne grape seeds that is a super fruit.
Food and beverages segment are also predicted to increase at the quickest rate, with a CAGR of 6.3% from 2023 to 2033. The product is used as an additive by producers of food and beverages to improve the advantages of their goods. For example, it is a crucial component in fruit juices made by Old Orchard Brands, LLC. Similar to this, Ethical Naturals, Inc. provides grape skin extract with 85% polyphenols that may be added to drinks to boost their health benefits.
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Increased Demand for Cosmetics, Nutraceuticals and Presence of Key Players to Augment Growth
According to Future Market Insights, the North American region is forecast to lead the grape skin extract market in 2023 and is likely do so throughout the forecast period. The region is expected to constitute 40% of the global market shares in 2023 and the United States market is likely to occupy 35% of the North American market share in 2023.
The industry is being driven in large part by rising consumer awareness of leading a drug-free lifestyle. Expenditure on fitness, health, and wellbeing has skyrocketed in recent years due to consumers' high disposable income. In North America, there is a large demand for grape skin extracts due to the rising use of cosmetics and dietary supplements. It is also projected that the U.S. processing industry's significant presence is anticipated to fuel market expansion. ConnOils LLC, Synergy Company, and Polyphenolics are a few of the major producers in this area.
This area accounted for a sizable portion of the market due to widespread knowledge and usage of cosmeceuticals, which help battle skin damage brought on by free radicals that result in such wrinkles and aging. There has been an increase of sales from the personal care industry because it contains proanthocyanidins, chemicals that safeguard against sun damage, prevent collagen breakdown, fight free radicals, and other things.
Rising Disposable Income have pushed towards Better Lifestyle Choices that will Propel Growth
The Asia Pacific market for grape skin extract is likely to be a lucrative one for nations like the India and China. They are anticipated experience a fast-growing CAGR equivalent to 9.5% from 2023 to 2033.
The market is anticipated to increase as consumer awareness regarding healthy living rises and disposable money rises, particularly in developing nations like India and China. Consumers in India are reportedly spending more money on health and fitness items.
By 2023, it is anticipated that the Indian wellness market would be worth USD 1.6 trillion. This would significantly enhance the industry and help the nation become the one with the quickest rate of growth in the area.
The key players in this market include:
Some of the products being launched by the key players are:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 8% from 2022 to 2032 |
Market value in 2023 | USD 177.96 million |
Market value in 2033 | USD 391.37 million |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | USD million for value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Product Type, Nature, End Use, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
Key Countries Profiled | United States, Canada, Mexico, Brazil, Germany, United Kingdom, France, Spain, Italy, Japan, China, Singapore, Thailand, Indonesia, Israel, GCC Countries, South Africa, Australia, New Zealand |
Key Companies Profiled | Keller Juices S.R.L; GRAP'SUD; Plamed Green Science Group; Nans Product; NFC Industry Co., Limited; Nutra Food Ingredients; Alvinesa Natural Ingredients; Alpsure Lifesciences Private Limited; Natac Group; PanteleyToshev Ltd; Vital Herbs; Tangshan EusaColors Int'l Group (EUSA COLORS); Presque Isle Wine Cellars; Parchem Trading Ltd. |
Customization & Pricing | Available on Request |
The market is valued at USD 177.96 million in 2023.
Keller Juices S.R.L., GRAP’SUD and Nans Product are key grape skin market players.
The market is projected to reach USD 391.37 million by 2033.
North America is a profitable market for grape skin extract.
Red grapes are likely to remain preferred through 2033.
1. Executive Summary | Grape Skin Extract Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Nature 5.1. Organic 5.2. Conventional 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 6.1. Red Grapes 6.2. White Grapes 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 7.1. Cosmetics and Personal Care 7.1.1. Creams 7.1.2. Lotions 7.1.3. Masks 7.1.4. Shampoos 7.2. Food & Beverage Processing 7.2.1. Bakery Products 7.2.2. Confectionery & Snacks 7.2.3. Gums 7.2.4. Meat Products 7.2.5. Beverages 7.2.6. Others 7.3. Pharmaceuticals 7.4. Dietary Supplements 7.4.1. Capsule 7.4.2. Chewable 7.4.3. Liquid extract (tincture) 7.4.4. Powder 7.5. B2C 7.5.1. Modern trade 7.5.2. Specialty Stores 7.5.3. Wholesale Stores 7.5.4. Health & Pharmacy stores 7.5.5. Online Retailing 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Keller Juices S.R.L 16.2. GRAP'SUD 16.3. Plamed Green Science Group 16.4. Nans Product 16.5. NFC Industry Co., Limited 16.6. Nutra Food Ingredients 16.7. Alvinesa Natural Ingredients 16.8. Alpspure Lifesciences Private Limited 16.9. Natac Group 16.10. Panteley Toshev Ltd 16.11. Vital Herbs 16.12. Tangshan Eusa Colors Int'l Group (EUSA COLORS) 16.13. Presque Isle Wine Cellars 16.14. Parchem Trading Ltd. 17. Assumptions & Acronyms Used 18. Research Methodology
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