The global grape seed extract market is expected to be in the spotlight as research indicates that it is an excellent source of proanthocyanidins. Between the forecast years of 2021 and 2025, the demand for grape extract is slated to see an upward trend as its health benefits received tremendous appreciation. The upcoming study by Fairfield Market Research states that the grape seed extract offers valuable antioxidants and polyphenol, which are being used to combat oxidative stress effects. As the growing incidence of the stress-related issue remains on the rise, the global grape seed extract market is positioned to be a big earner if players chose to make strategic moves.
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Wide Range of Health Benefits to Favour Uptake of Grape Seed Extract
Consumption of grape seed extract is known to relieve inflammation and tissue damage that are often a result of chronic ailments. Thus, it is likely to see demand for wound healing and treating venous insufficiency, giving the market an impetus during the forecast period. The initial research also shows a positive impact of grape seed extract on improved functioning of the heart, brain, kidney, and liver. Additionally, the growing issue of uncontrolled LDL cholesterol and triglycerides can be remedied with GSE supplements. According to National Center for Complementary and Integrative Health (NCCIH), grape seed extract can be a pivotal solution for reducing the impact of physical and mental stress.
Pharmaceutical Industry to Take Keen Interest in Use of Grape Seed Extract
The pharmaceutical industry is expected to be the leading end user of the grape seed extract between the forecast years of 2021 and 2025. Research says that GSE has shown great potential against hepatitis A and C, making its antiviral properties the most sought-after ones. The recent COVID-19 outbreak has been driving the growing interest in grape seed extract.
The food industry has also taken notice of grape seed extract as it holds great promise in improving the shelf-life. GSE inherently has brilliant bioactivity that can avert food contamination. Additionally, it acts as a natural preservative, fungicide, and antioxidant, enhancing food quality. The food and beverages industry is thus looking at this product to improve the life of perishables. Analysts also report that grape seed extract will make its way to a variety of animal feed additives and pet food formulations.
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Higher Sales of Dietary Supplements in North America Gives Regional Market an Edge
As the demand for functional food grows in the developed parts of the world, Fairfield Market Research predicts that will positively affect the demand and consumption of grade seed extract as well. Higher affordability and awareness about functional foods for cardiovascular health and overall wellness is expected to fuel the significant sales of GSE in the region.
Meanwhile, the GSE market in Asia Pacific is also expected to do well as India remains a big exporter of grapes. Furthermore, a flouring pet food industry in emerging economies will prove to be a steady market for the consumption of grape seed extract during the forecast years.
Some of the key players operating in the global grape seed extract market are Botanic Innovations LLC., Polyphenolics, Naturex, Hebei Xinqidian Biotechnology Co., Ltd., Ambe NS Agro Products Pvt. Ltd., Phyto Life Sciences Ltd., Ajinomoto OmniChem, Nexira, Fancy India Corp, Natac Group, and JF-Natural.
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