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CAGRNorth America Grape Seed Extract Market, By Grade (Food Grade, Pharma Grade, and Others), Form (PowdersLiquid Extracts, Encapsulated Extracts, Concentrates, and Others), Extraction Method (Conventional/Mechanical, Solvent Extraction, Supercritical Extraction, Subcritical Extraction, and Others), Nature (Conventional and Organic), Oligomeric Proanthocyanidin (OPC) Content (Less Than 50%, 60%, 70%, 80%, 95%, and More Than 95%), Oxygen Radical Absorbance Capacity (ORAC) (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), Polyphenols Content (Less Than 80%, 80%, 85%, 90%, 95%, More Than 95%, and Others), Category (GMO AND Non-GMO), Application (Food, Beverages, Dietary Supplements, Pharmaceutical, Personal Care, Cosmetics, Animal Nutrition and Others), Distribution Channel (Store Based Retailers and Non Store Based Retailers), Country (U.S., Canada, and Mexico,), Industry Trends and Forecast to 2029.
Market Analysis and Insights: North America Grape Seed Extract Market
North America grape seed extract market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the 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.
The grape seed extract is an industrial derivative of whole grape seeds. The extract contains proanthocyanidins. It is measured by the content of procyanidins which are formed from proanthocyanidins. Generally, grape seed extract quality contains 95% procyanidins, but potency varies among products depending on the quality of grapes used for the production.
The forms of grape seed extracts are mentioned below:
Liquid Extracts: It is a liquid herbal preparation extracted from grapes or other fruits in the form of oil to be used as per production requirements.
Encapsulated Extracts: It reduces plant extracts toxicity to provide targeted drug delivery and solve stability-related problems that arise when manufacturing end products.
Concentrates: Concentrates are the products of solvent-less extraction. These concentrates are dehydrated and have minimalistic water content.
Powders: These are formed by drying liquid extracts under a vacuum. Powdered extracts are most commonly used in capsules and tablets because the solvent is removed from the final product. Some powdered extracts are made with solvents other than ethanol and water.
The North America grape seed extract market is expected to grow due to the increasing popularity of grape seed as a flavoring agent in packaged food and drinks and the increasing demand for grape for the formulation of nutritional supplements. However, the grape seed extract is highly unstable at a high temperature which may hamper the growth of the market.
The shifting presence of consumers towards the consumption of organic-based products is expected to act as an opportunity for the market's growth. On the other hand, the high manufacturing cost of the grape seed extract may challenge the growth of the market.
The North America grape seed extract market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.
North America Grape Seed Extract Market Scope and Market Size
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. In 2022, the food grade segment is expected to dominate the market due to increased awareness about food grade products, which has boosted its demand in North America.
- On the basis of form, the North America grape seed extract market is segmented into liquid extracts, encapsulated extracts, concentrates, powders, and others. In 2022, the powder segment is expected to dominate the market as a powder has the solubility to dissolve, thus, increasing its demand in North America.
- 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. In 2022, the conventional/mechanical segment is expected to dominate the market as conventional/mechanical is cost-efficient, which is expected to increase its demand globally.
- On the basis of nature, the North America grape seed extract market is segmented into conventional and organic. In 2022, the conventional segment is expected to dominate the market as conventional is less costly, which is expected to increase its demand globally.
- 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%. In 2022, less than 50% segment is expected to dominate the market as less than 50% can be consumed daily.
- 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. In 2022, less than 8000 µmole Te/G segment is expected to dominate the market as less than 50% can be consumed daily.
- 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%. In 2022, less than 80% segment is expected to dominate the market as less than 80% helps manage blood pressure.
- On the basis of category, the North America grape seed extract market is segmented into GMO, non-GMO. In 2022, the GMO segment is expected to dominate the market as GMO is comparatively tastier.
- 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. In 2022, the food segment is expected to dominate the market as food with grape seed extracts is potent antioxidants.
- On the basis of distribution channel, the North America grape seed extract market is segmented into store based retailers and non store retailers. In 2022, the store based retailers segment is expected to dominate the market as it provides a variety of products, increasing its global demand.
North America Grape Seed Extract Market Country Level Analysis
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.
The countries covered in the North America grape seed extract market report are U.S., Canada, Mexico.
U.S. is expected to dominate the North America grape seed extract market with the most promising growth rate in the forecast period of 2022 to 2029 due to the rapidly increasing demand for grape seed extracts for the formulation of nutritional supplements. Canada is expected to grow due to the increasing medicinal properties of grape seeds. Mexico is expected to grow due to the increasing demand for grape seed as a flavoring agent.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the North America Grape Seed Extract Industry
North America grape seed extract market also provides you with detailed market analysis for every country growth in an installed base of different kinds of products for grape seed extract market, the impact of technology using lifeline curves and changes in infant formula regulatory scenarios, and their impact on the grape seed extract market. The data is available for the historic period 2011 to 2020.
Competitive Landscape and North America Grape Seed Extract Market Share Analysis
North America grape seed extract market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus related to North America grape seed extract market.
Some of the key market players for the North America grape seed extract market includes Botanic Innovations, LLC, Polyphenolics, NATUREX, Nexira, NetQem, PipingRock Health Products, LLC, ConnOils LLC, Natac, KINGHERBS, NZ Extracts, BENEPURE Corporation, Activ'Inside, Changsha Huir Biological-Tech Co., LTD (Huir), ALVINESA, ET-Chem.com, OlivinoLife, among others.
The companies are taking strategic initiatives to expand their product portfolio.
For instance,
- In July 2021, Natac established a new manufacturing plant in Hervás, Extremadura, which allows the expansion of several product lines. This expansion helped the company increase production and cater to a wider customer base
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