Asia-Pacific Grape Seed Extract Market
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 at a CAGR of 6.6% in the forecast period of 2022 to 2029 and expected to reach USD 1,01,035.31 thousand by 2029. Increasing awareness of the consumers towards the physical fitness are the factors for the market growth.
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 growing trend of using grape seed as a flavoring agent in packaged food and drinks has a significant impact on the expansion of the market for grape seed extract. In addition, the rising use of grape seed extracts in the personal care industry is the key determinant boosting the growth of the seed extract market in the forecast period.
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Some of the major players covered in the report are NATUREX, pureoilsindia, Nexira, Alpspure Lifesciences Private Limited, BENEPURE Corporation, Bhooratna Agri Processors, and Connoils LLC among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Asia-Pacific Grape Seed Extract Market Scope and Market Size
Asia-Pacific grape seed extract market is segmented on the basis of grade, form, extraction method, nature, oligomeric proanthocyanidin (OPC) content, oxygen radical absorbance capacity (ORAC), polyphenols content, category, application, distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of grade, the grape seed extract market is segmented into food grade, pharma grade and others. In Asia-Pacific, the food grade is projected to dominate the region since food grades are not toxic and are healthy for consumption thus increasing its demand in the region.
- On the basis of form, the grape seed extract market is segmented into liquid extracts, encapsulated extracts, concentrates, powders and others. In Asia-Pacific, the powder is projected to dominate the region since powder has higher active ingredients than other sources, increasing its demand in the region.
- On the basis of extraction method, the grape seed extract market is segmented into conventional/mechanical, solvent extraction, supercritical extraction, and subcritical extraction. In Asia-Pacific, the conventional/mechanical is projected to dominate the region since conventional/mechanical uses organic solvents for extraction, increasing its demand in the region.
- On the basis of nature, the grape seed extract market is segmented into conventional and organic. In Asia-Pacific, the conventional is projected to dominate the region since conventional can be stored for a longer period, increasing its demand in the region.
- On the basis of oligomeric proanthocyanidin (OPC) content, the grape seed extract market is segmented into less than 50%, 60%, 70%, 80%, 95%, and more than 95%. In Asia-Pacific, less than 50% is projected to dominate the region since less than 50% are beneficial for skin as it oxidizes the skin, increasing its demand in the region.
- On the basis of oxygen radical absorbance capacity (ORAC), the 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 Asia-Pacific, less than 8000 µmole te/g is projected to dominate the region since less than 8000 µmole te/g as it regulates blood flow, increasing its demand in the region.
- On the basis of polyphenols content, the grape seed extract market is segmented into less than 80%, 85%, 90%, 95%, and more than 95%. In Asia-Pacific, less than 80% is projected to dominate the region since less than 80% keeps blood vessels flexible, increasing its demand in the region.
- On the basis of category, the grape seed extract market is segmented into GMO, non-GMO. In Asia-Pacific, the GMO is projected to dominate the region since the cost is less, increasing its demand in the region.
- On the basis of application, the grape seed extract market is segmented into food, beverages, dietary supplements, pharmaceutical, personal care, cosmetics, animal nutrition and others. In Asia-Pacific, the food segment is projected to dominate the region as it helps cure a lot of chronic diseases, increasing its demand in the region.
- On the basis of distribution channel, the grape seed extract market is segmented into store based retailers and non-store retailers. In Asia-Pacific, the store based retailers are projected to dominate due to the quality of the product which increases its demand in the region.
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Grape Seed Extract Market Country Level Analysis
Asia-Pacific grape seed extract market is analysed and market size information is provided by grade, form, extraction method, nature, oligomeric proanthocyanidin (OPC) content, oxygen radical absorbance capacity (ORAC), polyphenols content, category, application, distribution channel as referenced above.
The countries covered in Asia-Pacific grape seed extract market report are Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines and Rest of Asia-Pacific.
China is expected to dominate the grape seed extract market due to increasing awareness of the consumers towards the consumption of health which boosts demand of Grape seed extract in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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