Grapeseed Oil Market Growth, Size, Share, Trends, and Forecast 2032

According to the report published by Zion Market Research, the global Grapeseed Oil Market size was valued at USD 538.9 Million in 2023 and is predicted to reach USD 958 Million by the end of 2032. The market is expected to grow with a CAGR of 6.60% during the forecast period. The report analyzes the global Grapeseed Oil Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Grapeseed Oil Market industry.

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Global Grapeseed Oil Market: Overview

Grapeseed oil is the oil extracted from the leftover grape seed during the process of winemaking. It is the by-product of winemaking. The oil is extracted by a chemical and mechanical process either by heat treatment or cold pressing. The grapeseed oil is well-known for its antimicrobial, anti-inflammatory, and antioxidant properties. Grape seed oil is also rich in vitamin E, Polyunsaturated Fatty Acids (PUFAs), and an omega-6 fatty acid which are essential for human health. The grapeseed oil is widely used in several industries such as healthcare, cosmetic, supplement, and food & beverages.

Global Grapeseed Oil Market: Growth Factors

The rise in demand for the grapeseed oil from the health-conscious consumer, growing inclination of the population towards sustainable &eco-friendly food products, and its wide application in the cosmetic industry are some of the key aspects that are fostering the growth of the global grapeseed oil market. Grapeseed oil manages acne, protects against free radicals, moisturizes & balances the skin, reduces inflammation, and minimizes fine lines & wrinkles. In addition to these benefits for skin, grapeseed oil is also used to reduce the appearance of scars and remove makeup. Grapeseed oil also has potential health benefits.

It is been studied that consumption of grapeseed oil results in reduced risk of heart disease, improved inflammation & insulin resistance, and reduction of blood clots. It is also been used as a good alternative for cooking oil. Owing to all these benefits, there is a huge demand for grapeseed oil by the cosmetic and food industries. This in turn is contributing to the growth of the global market at a significant rate. Moreover, an increase in wine production, increase in disposable income, and changing lifestyle are also the factors that are driving the growth of the market. Furthermore, new methods for the development of grapeseed oil which shows good properties of fuel that can be used for the production of fuel oil will generate ample opportunities for the growth of the global grapeseed oil market over the forecast period.

However, the use of hexane which is classified as a neurotoxin & air pollutant during the process of production may lead to controversies regarding its usage thereby hampering the growth of the global grapeseed oil market.

The growth of the global grapeseed oil market is severely affected during the outbreak of the pandemic. To control the spread of the disease, the governments of most of the countries imposed strict lockdowns and restrictions on movement. Several industries have to shut down their production units due to restrictions on personnel movement. The production of wine was also been hampered and thus there was the unavailability of leftover seeds for the production of grapeseed oil. In addition to this, the demand for grapeseed oil decreased from the cosmetic sector as well due to a decrease in demand from the consumers. However, post-covid-19 era, the global market is expected to grow at a steady rate owing to the health benefits of the grapeseed oil.

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Global Grapeseed Oil Market: Segmentation

The global grapeseed oil market is classified based on the extraction process, distribution channel, nature, application, and region.

Based on the extraction process, the global grapeseed oil market is bifurcated into the chemical process and mechanical process.

The distribution channel segment is divided into business to business, specialty stores, indirect channel, direct channel, and online sale channel.

Based on nature, the global market is split into conventional and organic.

Based on the application, the global market is categorized into cosmetics, food & beverages, and healthcare.

Grapeseed Oil Market : Report Scope

Global Grapeseed Oil Market: Regional Analysis

Asia Pacific is expected to be the most lucrative market over the forecast period. Factors such as growing disposable income, increasing buying power, rise in investment by the manufacturer in R&D activities, and the presence of grape-producing countries in the region contributing to the growth of the market. North America and Europe are also expected to contribute significant revenue in the market over the forecast period.

Global Grapeseed Oil Market: Competitive Players

Some of the competitive players operating in the global grapeseed oil market are:

• Aromex Industry
• Borges Mediterranean Group
• OleificioSalvadori
• Mediaco Vrac
• Guanghua Oil
• Gustav Heess
• Tampieri Group
• Lesieur Solutions Industries
• Hebei Xinqidian Biotechnology
• Mazola among others.

The Global Grapeseed Oil Market is segmented as follows:

By Extraction process 

• chemical process
• mechanical process

By Distribution channel 

• business to business 
• specialty stores 
• indirect channel 
• direct channel
• online sale channel

By Nature 

• conventional
• organic

By Application 

• cosmetics
• food & beverages
• healthcare

Global Grapeseed Oil Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.