Press Release

Grape Seed Oil Market Size to Grow by USD 73.07 million | 32% of Market Growth to Originate from Europe | Technavio – QNT Press Release

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NEW YORK, July 1, 2022 /PRNewswire/ — Grape seed oil is the oil extracted from grape seeds. It is either extracted by mechanically pressing grape seeds or by using chemical solvents, such as hexane.

The grape seed oil market size is expected to grow by USD 73.07mn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 3.89% during the forecast period.

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Grape Seed Oil Market 2021-2025: Segmentation

  • Type
    • Mechanical Extraction: This segment will have significant market share growth during the forecast period. Extracting the oil mechanically helps in preserving its natural structure. In this method, grape seed is dried, peeled, and crushed or pressed to extract oil. The mechanical extraction of the grape seed oil gives higher yields compared with other methods. This method of extraction is the most widely used process for obtaining natural oil from vegetables and seeds.
    • Chemical Extraction
  • Geography
    • Europe: Europe will account for 32% of the market’s growth during the forecast period. Restaurants in the region use grape seed oil owing to its advantages, such as clean and light flavor and taste. This will drive the grape seed oil market growth in Europe during the forecast period. The UK, Spain, Italy, France, Austria, the Netherlands, Sweden, Belgiumand Germany are the key countries for the grape seed oil market in Europe. Moreover, market growth in this region will be faster than the growth of the market in regions.
    • North America
    • APAC
    • South America
    • MEA

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Grape Seed Oil Market 2021-2025: Vendor Analysis and Scope

The grape seed oil market is fragmented, and the vendors are deploying growth strategies such as online sales through third-party e-commerce players like Amazon and eBay to compete in the market.

To help businesses improve their market position, the grape seed oil market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Aromex Industry, Augustus Oils Ltd., Berje Inc., Costa D’Oro Spa, Gustav Heess Oleochemische Erzeugnisse GmbH, ITOCHU Corp., Oleificio Salvadori Srl, OLITALIA Srl, Pietro Coricelli Spa, and Pompeian Inc.

The report also covers the following areas:

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Grape Seed Oil Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist grape seed oil market growth during the next five years
  • Estimation of the grape seed oil market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the grape seed oil market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of grape seed oil market vendors

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Full story available on Benzinga.com

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