As cited by the research report titled ‘Grape Seed Extracts Market Size, By Form (Liquid and Powder), By Application (Food & Beverages, Cosmetics & Personal Care, Dietary supplements, Pharmaceutical), Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027’, available with Market Study Report, global grape seed extracts market is projected to expand significantly over 2021-2027.
 

Rising demand for functional food & beverages, various health benefits associated with the product, coupled with high product usage in several applications including cosmetics & personal care, dietary supplement are major factors driving the global grape seed extracts market growth.
 

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For the record, grape seed extract is a dietary supplement generally made by removing, drying, and then pulverizing the grape seeds. Grapes and grape seed extracts are known for their medicinal and culinary use. They are very rich in antioxidants, which includes flavonoids, OPCs (oligomeric proanthocyanidin complexes), anthocyanins, and phenolic acids.
 

Grape seed extracts are ideal for treating health conditions such as nerve damage, macular degeneration, poor circulation, atherosclerosis, and high cholesterol, which in turn is bolstering product demand.
 

Based on form, worldwide grape seed extracts industry is segmented into powder and liquid. Speaking of application range, the marketplace is categorized into food & beverages, dietary supplements, cosmetics & personal care, and pharmaceutical, including others.
 

As cited in the report, pharmaceutical application segment size is anticipated to expand at 6.5% CAGR over the forecast timeline. Consumption of antioxidants like proanthocyanidins and flavonoids is known to reduce risk of various types of cancers. These extracts also help in reducing swelling caused by injury and cures eye disease associated to diabetes. Moreover, grape seed extracts are also beneficial for various cardiovascular conditions.
 

Meanwhile, the others application segment comprises of animal feed and water treatment, and it currently accounts for 2% market share.
 

The geographical analysis of this industry extends to North America, Middle East & Africa, Asia Pacific, Europe, and Latin America. Expert analysts speculate that Latin America currently accounts for 6.5% market share and is likely to showcase similar growth trends over 2021-2027.
 

Meanwhile, Middle East & Africa market is anticipated to record a 6% CAGR over the forecast duration, owing to growing demand for functional food & beverages in the region.
 

Prominent players influencing the worldwide grape seed extracts industry trends are Tianjin JF Natural Products Research & Development Co Ltd., Natac Group, Phyto Life Sciences Pvt. Ltd, Fancy India Corp., Ambe NS Agro Products Pvt. Ltd., S.A. Ajinomoto OmniChem N.V., Naturex, Nexira Inc., Polyphenolics, and Botanic Innovations LLC.