The grape seed extract market is witnessing robust growth due to its numerous health benefits and exceptional features. Rich in antioxidants, it supports cardiovascular health, aids in skin rejuvenation, and assists in managing blood sugar levels. Its anti-inflammatory properties make it an excellent choice for arthritis and joint health. Furthermore, grape seed extract is known for its potential anti-cancer properties. These combined advantages have led to its increasing popularity in dietary supplements, cosmetics, and the pharmaceutical industry, driving market expansion.
According to Data Bridge Market Research, the North America Grape Seed Extract Market is growing with a CAGR of 5.8% in the forecast period of 2022 to 2029 and is expected to reach USD 47,497.51 thousand by 2029 from USD 30,472.70 thousand in 2021.
“Growing use of grapes for nutritional supplement formulations boost the market’s growth”
The grape seed extract market is experiencing a surge in demand, primarily driven by the growing use of grapes for nutritional supplement formulations. Grapes are rich in antioxidants and polyphenols, making grape seed extract a popular choice for health-conscious consumers. Its recognized benefits in supporting heart health, skin rejuvenation, and potential anticancer properties have spurred its incorporation into dietary supplements, fueling market growth. This trend is expected to continue as the awareness of its health advantages expands.
What restraints the growth of the North America grape seed extract market?
“High manufacturing cost restraints the market’s growth”
The grape seed extract market faces a significant challenge in the form of high manufacturing costs, acting as a restraint on its growth. Extracting and processing grape seed extract can be expensive due to specialized equipment and labor-intensive methods. These elevated production costs can limit the affordability of grape seed extract products for consumers and hinder market expansion.
Segmentation: North America Grape Seed Extract Market
The North America grape seed extract market is segmented into ten notable segments based on the grade, form, extraction method, nature, oligomeric proanthocyanidin (OPC) content, oxygen radical absorbance capacity (ORAC), polyphenols content, category, application and distribution channel.
- On the basis of grade, the North America grape seed extract market is segmented into food grade, pharma grade, and others.
- On the basis of form, the North America grape seed extract market is segmented into liquid extracts, encapsulated extracts, concentrates, powders, and others
- On the basis of extraction method, the North America grape seed extract market is segmented into conventional/mechanical, solvent extraction, supercritical extraction, and subcritical extraction.
- On the basis of nature, the North America grape seed extract market is segmented into conventional and organic.
- On the basis of oligomeric proanthocyanidin (OPC) content, the North America grape seed extract market is segmented into less than 50%, 60%, 70%, 80%, 95%, and more than 95%.
- On the basis of oxygen radical absorbance capacity (ORAC), the North America grape seed extract market is segmented into less than 8000 µmole Te/G , 8000 - 10000 µmole Te/G , 11000 - 150000 µmole Te/G 16000 - 20000 µmole Te/G, and more than 20000 µmole Te/G.
- On the basis of polyphenols content, the North America grape seed extract market is segmented into less than 80%, 85%, 90%, 95%, and more than 95%.
- On the basis of category, the North America grape seed extract market is segmented into GMO, non-GMO.
- On the basis of application, the North America grape seed extract market is segmented into food, beverages, dietary supplements, pharmaceutical, personal care, cosmetics, animal nutrition, and others.
- On the basis of distribution channel, the North America grape seed extract market is segmented into store based retailers and non store retailers.
Regional Insights: U.S. is expected to dominate North America Grape Seed Extract Market
The U.S. is projected to lead the North America grape seed extract market during the forecast period from 2022 to 2029. This dominance is attributed to the surging demand for grape seed extracts in the creation of nutritional supplements. As awareness of the health benefits of grape seed extract rises, the U.S. market is poised for substantial growth, reflecting the increasing popularity of these supplements among health-conscious consumers.
In North America, Canada's grape seed extract market is anticipated to expand, driven by the growing recognition of the medicinal properties associated with grape seeds. Meanwhile, in Mexico, the market is expected to grow due to the rising demand for grape seeds as a flavoring agent, highlighting its versatile applications beyond health benefits. These distinct factors indicate diverse growth drivers across the region.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/north-america-grape-seed-extract-market
Recent Development
- In July 2021, Natac inaugurated a new manufacturing facility in Hervás, Extremadura, enhancing its production capabilities. This expansion enabled the company to diversify its product lines and boost production capacity, resulting in the ability to serve a broader range of customers. The strategic investment in the new plant positions Natac for growth and greater market reach.
The Prominent Key Players Operating in the North America Grape Seed Extract Market Include:
- Botanic Innovations, LLC (U.S.)
- Polyphenolics (U.S.)
- NATUREX (France)
- Nexira (France)
- NetQem (U.S.)
- PipingRock Health Products, LLC (U.S.)
- ConnOils LLC (U.S.)
- Natac (Spain)
- KINGHERBS (China)
- NZ Extracts (New Zealand)
- BENEPURE Corporation (China)
- Activ'Inside (France)
- Changsha Huir Biological-Tech Co., LTD (Huir) (China)
- ALVINESA (Spain)
- ET-Chem.com (China)
- OlivinoLife (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of North America grape seed extract market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: North America Grape Seed Extract Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
