Grapeseed Oil Market Expects To See Significant Growth During 2019-2026

Findings from Facts and Factors report "Grapeseed Oil Market By Extraction Process (Chemical, Mechanical, and Others), By Application (Cosmetics, Food & Beverages, and Healthcare), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global grapeseed oil market in 2019 was approximately USD 425 Million. The market is expected to grow at a CAGR of nearly 4.5% and is anticipated to exceed USD 585 Million by 2026.

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Grapeseed oil is a rich source of omega-3- and omega-6-like essential fatty acids. Substantially growing consumer demand for grapeseed oil is due to the rising health awareness among the population, as the oil is recognized for its strong antioxidizing and antimicrobial properties. The oil boosts the functioning of the immune system and improves the body health. Other factors that will possibly promote the consumption of grapeseed oil and drive the global market during the forecast period are the growing preference for consumption of plant-based natural ingredients and the ability of the oil to mitigate the risk of cardiac diseases. Technological advancements to design an economical and efficient process to extract the oil is also likely to witness a lucrative growth of the global grapeseed oil market in the coming years.

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Mechanical extraction is likely to follow the dominating trend in the global grapeseed oil market

So far, there are multiple processes available for the extraction of grapeseed oil. However, the mechanical method is highly opted by the industries, as the process does not involve usage of any additives & solvents, such as hexane--a popular air pollutant and neurotoxin. Besides, the mechanical extraction process is eco-friendly and consumes less energy compared to other methods.

Extensive incorporation of oil in cosmetic products will swiftly drive the global grapeseed oil market

The cosmetic product manufacturers have started incorporating plant-based naturally extracted products in multiple body care products due to the growing chances of skin disorders from chemical products. Hence, this approach of the cosmetic industries is witnessing a lucrative growth of the global grapeseed oil market in the coming few years. For instance, some of the global leading body care products-manufacturing companies like Khadi Naturals, Loreal, and Plum are planning to expand their product portfolio by launching new products containing grapeseed extract.

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Owing to a wide range of health benefits, grapeseed oil is extensively consumed in Asia Pacific region

The demand for grapeseed oil is escalating in the Asia Pacific region owing to its number of health benefits like blood pressure regulation, normal cardiac functioning, and balancing cholesterol levels in the body. In addition, around 70% of the total fatty acids present in the oil are highly beneficial polyunsaturated fatty acids.

Some of the key players driving the global grapeseed oil market areOlitalia, Mazola, Aromex Industry, Mediaco Vrac, Borges Mediterranean Group, Oleificio Salvadori, Tampieri Group, Pietro Coricelli, Lesieur Solutions Industries, Gustav Heess, SANO, Hebei Xinqidian Biotechnology, Sophim, and Guanghua Oil, among others.

This report segments the global grapeseed oil market as follows:

Global Grapeseed Oil Market: Extraction Process Segmentation Analysis

Chemical
Mechanical
Others

Global Grapeseed Oil Market: Application Segmentation Analysis

Cosmetics
Food & Beverages
Healthcare

Global Grapeseed Oil Market: Regional Segmentation Analysis

North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
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

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