The Grapeseed Oil was worth more than USD 480 million in 2022, and it is anticipated to grow at a rate of growth of more than 4.1% between 2023 and 2030.
The growing trend towards a healthier lifestyle and shift in consumers’ interest towards the utilization of naturally derived products is projected to boost the grapeseed oil industry share. Rising cases of lifestyle disorders have like cardiovascular diseases, bone & joint problems have boosted the demand for high-quality ingredient formulations from numerous industries including pharmaceuticals and food & beverage.
Increasing investment by several manufacturers towards research & development of plant-based ingredient formulations further is predicted to present lucrative opportunities for market expansion. Additionally, advancements in technology have paved the way for sustainable grapeseed oil production, expanding its scope of usage in several applications. Manufacturers are engaged in product and technological innovations to cut back the general extraction & manufacturing cost.
Increasing consumer shift towards the utilization of natural ingredients attributable to their superior health benefits will support the market size. Additionally, growing consumer awareness towards the adverse effects of artificial growth promoters in therapeutic drugs and supplemental formulations should foster grapeseed oil market statistics.
And also, there are various environmental concerns related to conventional agriculture like soil erosion, water problems, GMO, and pesticide contamination so that it can restrains the market growth of grapeseed oil market.
Covid-19 Impact on Grapeseed Oil Market:
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, safety, supply chain, training, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in beverage industry is facing a devastating effect of pandemic. 13% of the craft beer sector around the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused shut down of many small to medium food processing companies around the world.
Grapeseed Oil Market Segment Overview
On the basis of extraction process, the grapeseed oil market is segmented into mechanical, and chemical. Mechanical segment has been further segmented into cold pressing, and organic solvent. Chemical has been further segmented as heat treatment.
Based on application, the grapeseed oil market is segmented into food and beverage, cosmetic, supplements and healthcare, and other. Food and beverage has been further segmented into vegetable oil, baking cake, and wine. Cosmetic has been further segmented into creams, soaps, lotions/ moisturizer, and hair oil. Supplements and healthcare has been further segmented into syrups and medicine, and nutrition.
Market Analysis, Insights and Forecast – By Extraction Process
· Mechanical
· Chemical
· Others
Market Analysis, Insights and Forecast – By Application
· Food & Beverages
· Cosmetics
· Healthcare
· Others
Grapeseed Oil Market Regional Overview
Region-wise, in terms of regions, North America's grapeseed oil market size is predicted to succeed in around USD 200 million by 2027, as consumers are steadily moving towards natural products. Consumers increasingly prefer organic, non-GMO, and sustainable food products due to rising concerns regarding food safety. Grapeseed oil is eco-friendly in nature because it is extracted from the seeds of grapes which might otherwise be discarded.Addittionaly, Grapeseed oil is usually produced from certified organic black wine grapes without the utilization of solvents or chemical processing, which is projected to fuel the regional market share.
Grapeseed Oil Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Grapeseed Oil Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Grapeseed Oil are highlighted below.
· In September 2019, Olitalia has invested in research and development and strategically invested in communication strategy involving publicity campaigns dedicated to focus on consumers so as to extend brand awareness.
Grapeseed Oil Market, Key Players
· MEDIACO VRAC
· Tampieri
· Borges
· OLITALIA S.R.L.
· Gustav Heess Oleochemische Erzeugnisse GmbH
· PIETRO CORICELLI S.P.A.
· Specialty Food Association, Inc.
· Oleificio Salvadori
· Hebei Hinch Code Biotechnology Co., Ltd.
· Aromex Industry
· COSTA D’ORO
· SuperSano
· SOPHIM IBERIA SL
· POMPEIAN.
· ITOCHU Corporation.
· BERJÉ INC.
· Augustus Oils Ltd.
· NOW Foods
· Heritage Store.
· PLANT THERAPY ESSENTIAL OILS.
· Cococare Products, Inc.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Grapeseed Oil Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Extraction Process
- 5.2.1. Mechanical
- 5.2.2. Chemical
- 5.2.3. Others
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Food & Beverages
- 5.3.2. Cosmetics
- 5.3.3. Healthcare
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East, and Africa
6. North America Grapeseed Oil Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Extraction Process
- 6.2.1. Mannan Oligosaccharides
- 6.2.2. Beta Glucan
- 6.2.3. D-Mannose
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Cattle/Claves
- 6.3.2. Poultry
- 6.3.3. Swine
- 6.3.4. Aquaculture
- 6.3.5. Other
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Grapeseed Oil Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Extraction Process
- 7.2.1. Mechanical
- 7.2.2. Chemical
- 7.2.3. Others
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Food & Beverages
- 7.3.2. Cosmetics
- 7.3.3. Healthcare
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Grapeseed Oil Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Extraction Process
- 8.2.1. Mechanical
- 8.2.2. Chemical
- 8.2.3. Others
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Food & Beverages
- 8.3.2. Cosmetics
- 8.3.3. Healthcare
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Grapeseed Oil Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Extraction Process
- 9.2.1. Mechanical
- 9.2.2. Chemical
- 9.2.3. Others
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Food & Beverages
- 9.3.2. Cosmetics
- 9.3.3. Healthcare
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. MEDIACO VRAC
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Tampieri
- 10.6. Borges
- 10.7. OLITALIA S.R.L.
- 10.8. Gustav Heess Oleochemische Erzeugnisse GmbH
- 10.9. PIETRO CORICELLI S.P.A.
- 10.10. Specialty Food Association, Inc.
- 10.11. Oleificio Salvadori
- 10.12. Hebei Hinch Code Biotechnology Co., Ltd.
- 10.13. Aromex Industry
- 10.14. COSTA D’ORO
- 10.15. SuperSano
- 10.16. SOPHIM IBERIA SL
- 10.17. POMPEIAN.
- 10.18. ITOCHU Corporation.
- 10.19. BERJÉ INC.
- 10.20. Augustus Oils Ltd.
- 10.21. NOW Foods
- 10.22. Heritage Store.
- 10.23. PLANT THERAPY ESSENTIAL OILS.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
