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Tapping Nature's Palette: Grape Skin Extracts Unveiled

In 2022, it was predicted that the grape skin extract market would generate US$164.47 million. Consumer preference for clean-label beauty products and nutritional supplements is anticipated to grow, driving sales to US$ 391.37 million by 2033 and registering a CAGR of 8% from 2023 to 2033.

The main factors driving this growth are the rising demand for cosmetic products made with botanical ingredients like grapes (grape skin extract) and the rise in the number of food and beverage producers who use grape skin extracts as organic and safe ingredients in the products they make due to their antioxidant properties.

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These extracts are proven well to support the cardiac health of an individual too. It has been reported that a significant percentage of Americans struggle with heart-related issues. A study by the U.S. Department of Health & Human Services suggests that coronary artery disease accounts for around 620,000 deaths among Americans annually. For instance, coronary heart disease (CHD) accounts for 370,000 annual mortalities. Dietary supplement manufacturers anticipate using grape skin extracts more frequently in the development of health supplements over the next years in an effort to lower the prevalence of heart illnesses.

Key Takeaways from the Market Study

The global market for grape skin is expected to be valued at US$ 177.96 million by 2023
From 2018 to 2022, the market demand expanded at a CAGR of 5.1%
In 2022, the United States market for grape skin extract accounted for about 35% of North American market share.
The Asia Pacific market to experience a rapid CAGR of 9.5% from 2023 to 2033.
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Competitive Landscape

Prominent players in the grape skin extract market are:

Keller Juices S.R.L
GRAP’SUD
Plamed Green Science Group
Nans Product
NFC Industry Co., Limited
Nutra Food Ingredients
Some key developments of the leading companies in this market are:

Vital Herbs has developed into a well-known exporter, producer, dealer, distributor, and supplier of fruit and botanical extracts. Organic herbal extracts, clean herbal extracts, as well as essential oils are among the products they sell. The company’s Grape Skin Extract is especially high in polyphenols like resveratrol along with anthocyanidin, that possess hypolipidemic, antioxidant, as well as anti-cancer advantages.
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Key Segments Profiled in the Global Grape Skin Extract Market

By Nature:

Organic
Conventional
By Product Type:

Red Grapes
White Grapes
By End Use:

Cosmetics and Personal Care
Creams
Lotions
Masks
Shampoos
Food & Beverage Processing
Bakery Products
Confectionery & Snacks
Gums
Meat Products
Beverages
Others

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Revolutionizing Nutrition: Phospholipids' Rise to Prominence

The phospholipid market is expected to increase at a rate of 13.5% per year and reach US$ 4.64 billion by 2033. Customised formulations are revolutionising the medical field by employing genetic profiles to provide phospholipid solutions that are unique to each industry.

By 2023 and 2033, the phospholipid market is expected to be worth US$ 1.55 billion and US$ 4.64 billion, respectively. Sales of phospholipid are anticipated to rise at a CAGR of 13.5% throughout the projection period. The phospholipid market is a quickly expanding industry with numerous uses in industries like food, medicine, and agriculture.

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Using phospholipids in agriculture is another important potential application. It has been demonstrated that phospholipids have a favourable effect on plant growth and can be utilised as a natural substitute for artificial fertilisers. When phospholipids are used in animal feed, digestion and nutrient absorption can be enhanced, which benefits both the health and production of the animals. In the upcoming years, this market segment is anticipated to grow at a faster rate due to rising consumer demand for natural and organic farming methods.

Key Takeaways:

According to FMI research, the United States currently holds a significant market share, accounting for almost 35% of the global market in 2022.
With a 15% market share in 2022, Germany has emerged as a prominent participant in the Phospholipid market.
In 2023, China’s solar pump sector is predicted to have a market share of roughly 25%.
The solar pump sector in Japan is still in its infancy, but it is predicted to develop significantly throughout the projection period.
How Key Players are Revolutionizing the Manufacturing of Phospholipid?

The phospholipid industry has a very competitive environment due to numerous companies that operate globally.

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Key Players:

Avanti Polar Lipids, Inc.
Bunge Ltd.
Cargill, Inc.
DowDuPont, Inc.
Kewpie Corporation
LasenorEmul SL
Lecico GmbH
Lipoid GmbH
Wilmar International Ltd
VAV Life Sciences Pvt. Ltd.
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Prominent players in the phospholipid market are revolutionizing the manufacturing process through various innovations and advancements. Among the significant areas of focus is the use of sustainable and environmentally friendly methods of producing phospholipids. This includes the use of renewable sources such as soybeans, sunflowers, and egg yolks to extract phospholipids, minimizing the impact on the environment.

The advancements in technology have enabled key players to develop more efficient methods of production, reducing costs and increasing production capacity. For instance, the use of supercritical fluid extraction technology allows for the extraction of high-quality phospholipids from a variety of sources, including waste streams from other industries. This not only reduces waste but also provides a cost-effective method of producing phospholipids.

Market Segmentation:

By Source:

Soy
Eggs
Others
By Form:

Powder
Granule
By Application:

Nutrition & supplements
Pharmaceuticals
Others
By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Tailored Wellness: The Rising Trend of Pet Dietary Supplements

The pet dietary supplement market is estimated to expand at a constant CAGR of 7.3% over the projection period. The market is expected to generate sales of US$ 8.7 billion by 2033, with a share of US$ 4.3 billion in 2023.

With the rise in popularity of pet ownership, pet owners are increasingly treating their animals as equals and attempting to provide them with the best food possible for their health, a trend called as “pet humanization.” Pet parenting, also referred to as “humanising” pets, has increased the demand for nutritional supplements for animals.

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The increased frequency of the introduction of novel formulations into the market mirrors this tendency. Pet Food Processing reports that 45 new dietary supplements for animals were introduced in 2020. The market for pet dietary supplements is driven by the owners’ affection for their animals, in addition to the fact that supplements guarantee the pets’ correct nutrition, which store-bought pet diets may lack. Additionally, millennial pet owners are interested in dietary supplements for animals.

Probiotic Supplements to Be Highly Sought-after

Probiotic pills are utilised for dogs, just as they are for humans, to promote regularity and intestinal health. Probiotic dietary supplements make it easier for the digestive system’s beneficial bacteria to be regulated and break down dog food so that nutrients may be collected more effectively. The growth of dangerous bacteria, such as E. coli, which can infect humans and pets, can also be slowed down by probiotic supplements.

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Key Takeaways from the Pet Dietary Supplements Market Study

FMI in its latest study has forecast the pet dietary supplements market to rise at a CAGR of 7.1% between 2020 and 2030The U.S. will continue exhibiting strong demand and account for nearly 88% of the North America market.

Disruptions Caused Due to COVID-19 Impacting Sales

The current pandemic outbreak has posed numerous challenges on the part of supply side and demand side. The temporary regulation imposed by regional governments to restrict the movement has impacted supply chains drastically. Besides this, the spectacular shift from discretionary spending to essential goods has further negatively impacted the market growth.

Who is winning?

A few of the key players in the pet dietary supplements market are Nestle SA, Mars Incorporated, NOW Foods, Blue Buffalo Co Ltd., Ark Naturals, Virbac, Novotech Nutraceuticals, Inc., Zoetis, PetAG, Inc., VetClassics and GNC, among others.

Companies operating in the market are increasingly investing in product development with an aim to gain a competitive advantage over other players operating in the market.

Pet Dietary Supplements Market by Category Product Type

Glucosamine
Probiotics
Multivitamins
Omega-3 fatty acids
Others
Application

Joint Health
Digestive Health
Weight Management
Skin and Coat Health
Dental Care
Others
Form

Capsules
Tablets
Powder
Others

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