About Grapeseed Oil
Grapeseed oil is made from the seeds of the pressed grape. It is a by-product of the manufacturing of wine. It is used to treat acne outbreaks, for skin softer, skin tone, and it is protecting from the skin from sun damage. It is easily available on online platforms. The manufacturing companies are investing in packaging development. It is also used in cooking applications. It is highly adopted by the healthcare and cosmetics industry.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 9.8% |
The market is witnessing strong market players, by looking at huge development in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. There is numerous market growth opportunity in this industry which is captured by market players by tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Grapeseed Oil market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mediaco Vrac (France), Tampieri Group (Italy), Borges Mediterranean Group (Spain), Olitalia (Italy), Gustav Heess (Germany), Pietro Coricelli (Italy), Bio‑Oil (United Kingdom), NOW Foods (United States), Neutrogena (United States) and Garden of Life (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Jason Incorporated (United States), Cliganic (United States) and Plant Therapy, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Grapeseed Oil market by Type (Mechanically by Pressing and Chemically Extracted), Application (Food Industry, Cosmetics, Supplements and Health-Care and Other) and Region.
On the basis of geography, the market of Grapeseed Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Grapeseed Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Online will boost the Grapeseed Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Number of New Market Entrants and Development in Packaging
Market Growth Drivers:
Development in the Cosmetic Industry, Growing Adoption for the Skin Treatment and High Availability on Online Channels
Challenges:
The Rise in Side Effects Awareness and Fluctuation in Prices of Raw Materials
Restraints:
Lack of Consumer Awareness and The Slowdown in Supply Chains
Opportunities:
Rising Awareness Regarding the Benefits of Polyunsaturated Fat and Vitamin E
Market Leaders and their expansionary development strategies
In March 2021, ITOCHU Corporation, announced that it has acquired additional shares in Provence Huiles S.A.S., which manufactures and sells vegetable oils mainly in Europe, and as a result, PH has become a wholly owned subsidiary of ITOCHU.
In February 2022, Olvea has launched Grapeseed Oil (Vitis vinifera) to its line-up of vegetable oils and butters for cosmetics. and The upcycled ingredient is derived from wine production, which generates a by-product called grape pomace. This solid (usually discarded) product contains the seeds from which the oil can be extracted.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Grapeseed Oil Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.