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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