Grape Seed Oil Market Share, Size, Trends, Industry Analysis Report, By Extraction Process (Mechanically By Pressing, Chemically Extracted, Others); By Application; By Region; And Segment Forecasts, 2023 - 2032
- Published Date:Dec-2023
- Pages: 116
- Format: PDF
- Report ID: PM4079
- Base Year: 2022
- Historical Data: 2019-2021
Report Outlook
The global grape seed oil market was valued at USD 503.63 million in 2022 and is expected to grow at a CAGR of 10% during the forecast period.
The product's popularity is anticipated to rise due to its extensive use in cosmetics, where it serves as a foundational ingredient in products like anti-acne creams, eye serums, & nightcare serums. This oil, derived from grape seeds, acts as a carrier oil, often blended with various essential oils in a range of skincare items. Interestingly, it is a by-product of the winemaking process, making it a sustainable and valuable resource in the beauty and skincare sector.
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The grape seed oil market is poised for substantial growth in the forecast period due to increased demand from various sectors, including healthcare, personal care & cosmetics, and food & beverages. This surge is driven by factors such as rising disposable income, heightened health awareness, and increased spending capacity, particularly among the younger demographic. These elements are expected to drive demand for the product in the coming years.
Grape seeds are utilized to extract vegetable oil, which continues to find applications in the cosmetic and pharmaceutical sectors because of its therapeutic and cosmetic advantages for skin health, some of which have been recognized for centuries. In these industries, grape seed oil (GSO) serves various purposes, including excipients, active compounds, and extraction agents. Chemically, GSO is predominantly composed of triglycerides (usually 99%) and unsaponifiable materials (typically 1%). Triglycerides are formed through the esterification of fatty acids (FAs) and glycerol.
The study focused on exploring the effectiveness of a combination therapy involving cisplatin (CP), a chemotherapy drug commonly used to treat various cancers, and grape seed oil (GSO) in the treatment of tongue squamous cell carcinoma (TSCC). Grape seed oil, known for its potential health benefits, has gained attention for its anticancer properties. The researchers aimed to assess how the combination of cisplatin and grape seed oil could enhance the treatment outcomes for individuals diagnosed with TSCC. The study likely delved into the synergistic effects of these compounds, aiming to provide insights into a potentially more effective and holistic approach to treating this specific type of cancer.
The market for this product is characterized by a high degree of fragmentation. It means that numerous companies are operating both internationally and domestically, each having established themselves as key players in terms of their ability to produce, the variety of products they offer, and the regions where they operate. These companies vary widely in size and scope, creating a diverse and competitive market landscape.
Due to this diversity, consumers have a wide range of options to choose from, and companies continually strive to innovate and expand their offerings to maintain their competitive edge. This competitive environment fosters innovation and ensures a broad array of products catering to different consumer needs and preferences.
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Industry Dynamics
Growth Drivers
- Increasing Consumer's Health Consciousness Toward Naturals Products
Grape seed oil finds widespread use in massages, providing relief from body pains and muscular aches that often follow physical workouts. Its applications extend to the treatment of skin conditions like psoriasis, eczema, and rosacea due to its potent anti-inflammatory and antioxidant properties. As global consumers prioritize health and opt for vegan and natural cosmetic products, the demand for grape seed oil is expected to soar in the forthcoming years. This trend aligns with the growing preference for organic and natural remedies, driving the global need for grape seed oil in various health and skincare applications.
Grape seed oil is a common ingredient in the cosmetic and personal care industry due to its potential benefits for skin and hair. It is used in various skincare products, such as moisturizers, serums, and sunscreens, which has led to increased demand for grape seed oil in this sector. This oil is valued in the culinary world for its light flavor and high smoke point, making it suitable for various cooking methods, including frying, sautéing, and baking. The growing popularity of gourmet and healthy cooking has increased the demand for grape seed oil in the kitchen. Consumers are increasingly seeking natural and organic products, including oils. Grape seed oil is often perceived as a healthier and more natural alternative to certain other cooking oils, aligning with the organic product trend.
Report Segmentation
The market is primarily segmented based on extraction process, application, and region.
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By Extraction Process |
By Application |
By Region |
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By Extraction Process Analysis
- The mechanically extracted segment held the largest market share in 2022
In 2022, the mechanically extracted segment held the largest market share. This dominance can be attributed to the oil's high nutritional value and non-toxic nature. Moreover, the absence of residues at the end of the extraction process enhances its appeal to a wide range of consumers. Despite the lower yield compared to conventional methods, the cold pressing extraction technique is favored due to its avoidance of chemical or heat treatments. This method results in the production of grape seed oil in large quantities, boasting natural antioxidants that offer various health benefits.
The chemical extraction segment will grow at a significant pace. It primarily relies on the use of solvents in a diffusion process where grape seeds are immersed in these solvents. Subsequently, the solvents are recovered from a mixture of oil and recycled using evaporators, making it a highly efficient, cost-effective, and easily performable method with a high yield. However, it is important to note that during the solvent recovery process, there is a breakdown of unsaturated fatty acids, due to a higher presence of solvent and crude oil residues.
By Application Analysis
- The food industry segment held the highest market share in 2022
In 2022, the food industry segment held the highest market share. This dominance can be attributed to the product's popularity as an excellent cooking oil in households. Its neutral taste and high smoke point make it a preferred choice for various culinary applications. The demand for natural grape seed oil has risen due to increased awareness of concerns about chemical additives and natural products. Despite some chemical treatments to enhance yield, grape seed oil finds versatile applications in bakery products, salad dressings, and mayonnaise production, fueling its demand globally in the forecast period.
The increasing awareness among consumers about the benefits of natural grape seed oil in the cosmetics sector is anticipated to boost market growth. Grape seed oil is a key ingredient in cosmetic items like nightcare creams and under-eye serums. It serves as a skin softener and aids in maintaining skin tone while offering protection against potential sun damage in skincare products.
Regional Insights
- North America region held the largest market in 2022
In 2022, the North American region held the largest grape seed oil market, primarily due to the presence of numerous manufacturers, particularly in the U.S. Key players like MONINI, Salute Sante, Conn Oils, POMPEIAN, Plant Therapy Essential Oils, & Heritage Store operate in the region, collectively holding a substantial share of the market.
The product market in the U.S. is stimulated by progress and innovation in the supplements industry. Its extensive use in formulating various healthcare and supplement products is expected to drive demand. Moreover, the prevailing consumer preference for organic and naturally derived products is a key factor propelling market growth in the country.
Europe anticipates the fastest market in the upcoming year. In Europe, increasing disposable income, high living standards, and a robust presence of food & beverage manufacturers are expected to bolster the overall product market. The growing preference for chemical-free cosmetics in the region has led cosmetic manufacturers to opt for grape seed oil as an alternative to traditional chemicals.
Additionally, the region's high obesity rate is fueling growth in the healthcare industry. Pharmaceutical and nutraceutical sectors play a significant role in product consumption. Ongoing advancements in the medical industry throughout the region are anticipated to enhance the product market's growth.
Key Market Players & Competitive Insights
Manufacturers are focusing extensively on expanding their product portfolios and introducing organic and pure products to align with future demands and promote sustainable development.
Some of the major players operating in the global market include:
- Mediacovrac
- BORGES AGRICULTURAL & INDUSTRIAL EDIBLE OILS, S.A.U.
- Tampieri
- OLITALIA S.R.L.
- Gustav Heess Oleochemische Erzeugnisse GmbH
- Salute Santé
- Oleificio Salvadori
- Alvinesa Natural Ingredients
- VedOils
- Henan Province Kunhua Biological Technology Co., Ltd.
Recent Developments
- In July 2023, the ICAR-NRC Grapes (Indian Council of Agricultural Research-National Research Centre for Grapes) created a new grape-seed oil with distinctive health benefits extracted from the native grape variety 'Manjari Medika.'
Grape Seed Oil Market Report Scope
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Report Attributes |
Details |
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Market size value in 2023 |
USD 552.63 million |
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Revenue forecast in 2032 |
USD 1,300.94 million |
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CAGR |
10% from 2023 – 2032 |
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Base year |
2022 |
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Historical data |
2019 – 2021 |
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Forecast period |
2023 – 2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2023 to 2032 |
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Segments covered |
By Product, By End Use, By Distribution Channel, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
