The global grape seed oil market size was valued at USD 473.45 million in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2026. The demand for the product is expected to be driven by the wide usage in the cosmetics industry as a base makeup in anti-acne creams, under eye serums, and night care serums. Grape seed oil is a type of carrier oil that is used in combination with otheressential oilsin different skin care products. The product is derived from grape seeds and is a byproduct of wine making. It is used in various personal care and cosmetic products owing to its skin lightening, anti-inflammatory, acne reduction, and moisture retention properties.
产品市场预计将见证有积极ant growth during the forecast period owing to the rising demand for the product from numerous end-use industries such as healthcare, personal care & cosmetics, and food &beverages. Rising disposable income of the consumers, increasing health consciousness among customers, and growing spending power of the people, especially of the young population, is the factors, further anticipated to fuel demand in the coming years.
Additionally, grape seed oil is used for massaging and relieve body pains, muscular aches that occurs post physical workout. Besides, it is also used in the treatment of psoriasis, eczema, rosacea, etc. owing to its anti-inflammatory and antioxidant properties. As the consumers worldwide are becoming increasingly health-conscious and prefer natural/vegan cosmetic products, it is anticipated to surge the global product demand in the coming years.
The grape seed oil market is highly fragmented in nature, owing to the presence of the companies that operate on international as well as domestic levels and have established themselves as leading companies in terms of production capacity, portfolio of the products, and geographical presence.
Mechanically extracted grape seed oil dominated the market with the highest revenue share of 52.63% in 2021. This is attributed to the high nutritional value and non-toxic attributes of the extracted oil. In addition, the resultant product has no residue at the end of the extraction process that makes it more desirable from numerous consumers.
Though, oil extracted using the cold pressing extraction method has a lower yield than the conventional extraction process, the cold pressing extraction method is widely used as chemical, or heat treatment approaches are not used in this process. It results in the production of grape seed oil in large volumes that offers numerous health benefits owing to the presence of natural antioxidants in it.
The chemical extraction method involves the utilization of solvents. It is a diffusion process carried out by the immersion of grape seeds in solvents. These solvents are recovered from the mixture of oil and solvents using evaporators and recycled into the process. The chemical extraction method has high yield efficiency, enables recycling, and is cost effective plus easy to conduct. However, during the recovery process of solvents, unsaturated fatty acid decomposition takes place resulting in a high value of crude oil and solvent residues.
Food application dominated the market with a high revenue share of 37.45% in 2021. Its high share is attributable to usage of the product as excellent cooking oil in household applications. The grape seed oil has a clean taste and does not add any unwanted taste to the food items. Furthermore, the product is extensively used in cooking due to its high smoke point property.
Naturally sourced grape seed oil is on high demand due to the increasing demand for the natural products, because of rising awareness regarding the benefits of natural products and at the same time, due to the harm which is caused by the chemicals to the human beings. On the other hand, grape seed oil is treated with chemical substances to increase its yield. It has a variety of applications in food products other than its usage as cooking oil. It is extensively used in many bakery products, salad dressings, and in the production of mayonnaise. This is expected to drive the product demand in the global market throughout the forecast period.
Rising mindfulness among the growing population about the use of natural grape seed oil in cosmetics industry and its benefits, especially in Europe and Asia Pacific, is expected to drive the market. Cosmetic products such as night care cream and under-eye serum contain grape seed oil as one of the main ingredients. In addition, it is used in skincare products as a skin softener and helps to maintain the skin tone and prevents it from any possible sun damage.
North America dominated the global grape seed oil market with the highest revenue share of37.52% in 2021. This is attributed to the presence of multiple manufacturers, especially in the U.S. Companies like MONINI, Salute Santé, Conn Oils LLC, POMPEIAN, Plant Therapy Essential Oils, and Heritage Store are operational in the region and collectively hold a significant share of the regional market.
The U.S. product market is driven by the advancement and development in the supplements market in the country. As the product is used extensively in the formulation of various healthcare and supplement products, the product demand is anticipated to increase. In addition, the current consumer trend for the usage of organic and naturally derived products is driving the market in the country.
In Europe, rising disposable income, high living standards, and a strong presence of food & beverage manufacturers are likely to positively contribute to the growth of the overall product market. The rising demand for chemical-free cosmetics in Europe has forced cosmetic manufacturers to utilize grape seed oil as a substitute for the conventional chemicals. Moreover, the region is characterized by a high obesity rate, which in turn, is driving healthcare industry. Pharmaceutical and nutraceuticals sectors account for a major share, in terms of the product consumption. Ongoing advancements in medical industry across the region are expected to boost growth of the product market in Europe during the coming years.
The competition in the global grape seed oil market is majorly based on the product quality, production capacity, and cost of the product. Big manufacturers including OLVEA, Alvinesa Natural Ingredients, and Mediacovrac have increased their production capacities and have expanded their geographical presence by means of acquiring other companies or inaugurating their offices or production facilities in an untapped location. Manufacturers are concentrating profoundly on enhancing their portfolio of products as well as introducing organic and pure products, intended for keeping pace with future requirements in support of sustainable development.
Some of the prominent players in the global grape seed oil market include:
Mediacovrac
BORGES INTERNATIONAL GROUP S.L.U.
Tampieri
OLITALIA S.R.L.
Gustav Heess Oleochemische Erzeugnisse GmbH
Salute Santé
OLVEA
Oleificio Salvadori
Alvinesa Natural Ingredients
Ved Oils
Henan Province Kunhua Biological Technology Co., Ltd.
Report Attribute |
Details |
Market size value in 2022 |
USD 511.73 million |
Revenue forecast in 2026 |
USD 649.21 million |
Growth Rate |
CAGR of 6.5% from 2022 to 2026 |
Base year for estimation |
2021 |
Historical data |
2017 -2020 |
Forecast period |
2022 - 2026 |
Quantitative units |
Revenue in USD Thousand, Volume in Tons and CAGR from 2022 to 2026 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, trends |
Segments covered |
Extraction process, application, region |
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Country scope |
U.S., Canada, UK, Germany, France, Italy, Spain, Russia, Turkey, China, India, Japan, South Korea, Australia, New Zealand, Mexico, Brazil, Argentina, Chile, Columbia, Saudi Arabia, UAE, Egypt, South Africa |
Key companies profiled |
Mediacovrac, BORGES INTERNATIONAL GROUP S.L.U., Tampieri, OLITALIA S.R.L., Gustav Heess Oleochemische Erzeugnisse GmbH, Salute Santé, OLVEA, Oleificio Salvadori, Alvinesa Natural Ingredients, VedOils, Henan Province Kunhua Biological Technology Co., Ltd. |
Customization scope |
Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
革命制度党cing and purchase options |
Avail customized purchase options to meet your exact research needs.Explore purchase options |
这份报告预测收入增长在全球、再保险gional, and country levels and provides an analysis on the latest industry trends in each of the sub-segments from 2017 to 2026. For this study, Grand View Research has segmented the global grape seed oil market report based on the extraction process, application, and region:
Extraction Process Outlook (Revenue, USD Thousand; Volume, Tons; 2017 - 2026)
Mechanically by Pressing
Chemically Extracted
Others
Application Outlook (Revenue, USD Thousand; Volume, Tons; 2017 - 2026)
Food Industry
Natural
Conventional
Personal Care & Cosmetics
Natural
Conventional
Supplements & Healthcare
Natural
Conventional
Others
Natural
Conventional
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Russia
Turkey
Asia Pacific
China
India
Japan
South Korea
Australia
New Zealand
Latin America
Mexico
Brazil
Argentina
Chile
Columbia
Middle East & Africa
Saudi Arabia
UAE
Egypt
South Africa
b.The global grape seed oil market size was estimated at USD 473.45 million in 2021 and is expected to reach USD 511.73 million in 2022.
b.The global grape seed oil market is expected to grow at a compound annual growth rate of 6.5% from 2022 to 2026 to reach USD 649.21 million by 2026.
b.North America dominated the grape seed oil market with a share of 37.5% in 2021. This is attributable to rising disposable income, health consciousness, and spending power, especially among the younger population.
b.Some key players operating in the grape seed oil market include Mediaco Vrac, Alvinesa, Borges Mediterranean Group, Tampieri Group, Gustav Heess, Olitalia, Pietro Coricelli, Food & Vine, Oleificio Salvadori, Kunhua Biological Technology, and Hebei Xinqidian Biotechnology, among others.
b.Key factors that are driving the grape seed oil market growth include the rising demand from numerous end-use industries such as healthcare, personal care & cosmetics, and food & beverage, and the rising number of investments by different key manufacturers for the research & development of plant-based ingredient formulations.
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