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TOPIC: Grape Seed Extracts Market: Global Market Size, Industry Share, Approaches and Forecast 2018-2026, Credence Research
According to a new market report published by Credence Research Inc., Grape Seed Extracts Market(By Form Type (Powder, Liquid, and Gel), By Application (Food, Pharmaceuticals, Cosmetics and Others)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 2023, the worldwide grape seed extracts market was valued at US$ 361.7 Mn in 2015. In terms of volume the global market stood at 463.6 tons in 2015.
Rising awareness regarding the health benefits with the consumption of grape seed extracts is the major factor driving the market growth. Grape seed extracts plays a vital role in addressing health related issues such as skin damage, blood pressure, cardiovascular issues and cancer. In addition, due to its anti-ageing and antioxidants properties coupled with rising demand for the natural and organic personal care and skin care products, will further propel the grape seed extracts market demand. Symptoms of allergies to some people when consumed are the key factor hampering the grape seed extracts market growth.
Expanding applications scope of grape seed extracts is projected to spur the market demand. Furthermore, changing demographics in emerging economies such as change in lifestyle, rise in disposable income, increasing awareness about the grape seed extracts and companies entering into these regions is projected to propel the market demand in the near future. Surging popularity of grape seed extracts globally, about it uses in medicines is also projected to boost the market demand.
Competitive Insights:
The major companies in grape seed extracts market are involved in new developments and innovations to increase the application scope of the grape seed extracts across various industries. Furthermore, companies are now expanding their manufacturing units over emerging economies as these economies offers huge growth potential. Some of the major players present in this market are Naturex, Botanic Innovations LLC., Polyphenolics, Augusto Bellinvia, Naturias, and Earthoil.
Key Trends:
Focus on targeting new application area for grape seed extracts
Grape seed extract (GSE) is an industrial derivative of whole grape seeds.
The extract contains proanthocyanidins. In alternative medicine, grape seed extract is sold in dietary supplement form and claimed to have numerous health benefits, most of which are not supported by sufficient medical evidence. A meta-analysis of 16 randomized controlled trials concluded that grape seed extract, in a dose of under 800 milligrams per day over at least 8 weeks, significantly lowered systolic and diastolic blood pressure, although the amounts were small (36 mmHg) and occurred only in obese people under age 50 with existing metabolic syndrome and hypertension. An earlier meta-analysis reported lower systolic blood pressure and heart rate, with no effect on blood lipids or C-reactive protein levels. More recent work suggested its potential in reducing drug toxicity as a free radical scavenger in cancer, and capillary permeability.
The US National Center for Complementary and Integrative Health reported that oral administration of grape seed extract (dose and frequency unreported) was well tolerated in people over 14 weeks.[1] Side effects may include itchy scalp; dizziness, headache, high blood pressure or nausea. Source: Wikipedia
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