December 20, 2019
According to the research report titled ‘Grapeseed Oil Market Size by Extraction Process (Mechanical, Chemical), By Application (Food & beverages, Cosmetics, Healthcare) Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available at MarketStudyReport.com, the global grapeseed oil market is expected to cross USD 560 million by the year 2025.
For the record, grapeseed is a major source of vitamins, antibiotics, and proteins which reduce the risk of intestinal disorders and chronic conditions such as blood pressure, obesity, and heart failure. It also improves blood circulation and enhances health of bone structure since it contains essential fatty acids. Pertaining to these factors, grapeseed oil market exceeded USD 410 million in 2018, cites the report.
Growing occurrence of gastrointestinal disorders, coupled with increasing consumer awareness towards health are major factors driving the grapeseed oil market growth. Grapeseed oil is a vital source of poly-unsaturated fatty acids which lowers the cholesterol levels in body. It provides omega-6 fatty acid which is not produced by human body. These factors, in tandem with surging need for plant-based ingredients in food & beverage industry are aiding in the expansion of the grapeseed oil market. Favorable federal reforms, in consort with development of innovative products are augmenting the demand for grapeseed oil across the globe.
As per extraction process, grapeseed oil market is categorized into chemical and mechanical, whereas based on application spectrum, the market is classified into healthcare, cosmetics, and food & beverage industry.
Considering geographical landscape, North America grapeseed oil market is expected to amass USD 185 million by the year 2025. Increasing consumer awareness regarding grapeseed oil benefits has led to escalating investments in R&D activities by key industry players to integrate plant-based ingredients in skin cosmetics. Higher disposable incomes, and willingness to spend on natural cosmetics will boost the regional growth.
Request sample copy of this Report@ https://www.marketstudyreport.com/request-a-sample/2337482/
Moreover, the report cites that Europe grapeseed oil market will expand by 4% during the estimated timeframe, owing to rising food & beverage industry in the region. Growing occurrence of various lifestyle diseases, shifting consumer preference for natural products, and rising demand for high quality cooking oil are also fueling the demand for grapeseed oil across the region.
The prominent companies operating in grapeseed oil market are Oleificio Salvadori, SANO, Guanghua Oil, Aromex Industry, Hebei Xingqidian Biotechnology, Pietro Coricelli, Olitalia, Gustav Heess, Borges Mediterranean Group, and Tampieri Group among others.
Frequently Asked Questions (FAQ) :