According to a new report, published by KBV research, The Global Grapeseed Oil Market size is expected to reach $990.3 million by 2031, rising at a market growth of 8.2% CAGR during the forecast period. In the year 2023, the market attained a volume of 10,632.1 tonnes, experiencing a growth of 19.5% (2020-2023).
The Natural segment exhibits a CAGR of 8.7% during (2024 - 2031). Organic grapeseed oil is produced using certified organic farming practices that avoid synthetic chemicals, pesticides, and genetically modified organisms (GMOs). This production method is perceived as healthier and more sustainable, appealing to consumers increasingly concerned about their food's quality and safety. Consumers who prioritize environmental sustainability are more likely to choose organic products to support farming practices that are better for the planet.
The Mechanically by Pressing segment is leading the Global Grapeseed Oil Market by Extraction Process in 2023; thereby, achieving a market value of $502.4 million by 2031. Mechanically pressed grapeseed oil is often considered purer and of higher quality since it is extracted without the use of chemicals or solvents. This method preserves the natural flavors, nutrients, and beneficial compounds of grapeseed. Consumers are increasingly health-conscious and prefer oils that retain their natural nutritional benefits. Mechanically pressed grapeseed oil retains more antioxidants, vitamins, and essential fatty acids, making it a popular choice among health enthusiasts.
The Personal Care & Cosmetics segment is registering a CAGR of 8.6% during (2024 - 2031). This sector places a high value on grapeseed oil due to its numerous skin and hair care benefits. Grapeseed oil is renowned for its moisturizing, regenerative, and anti-aging properties, as it is abundant in essential fatty acids, vitamins, and antioxidants. It is a common ingredient in many beauty products, including moisturizers, serums, lotions, and hair treatments. The prevalence of grapeseed oil-based products has been significantly increased by the influence of social media and beauty influencers, as well as the increase in global beauty standards.
Full Report: https://www.kbvresearch.com/grapeseed-oil-market/
The North America region dominated the Global Grapeseed Oil Market by Region in 2023; thereby, achieving a market value of $347.8 million by 2031. The Europe region is poised to grow at a CAGR of 8% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 8.7% during (2024 - 2031).
By Type (Volume, Tonnes, USD Million, 2020-2031)
By Extraction Process (Volume, Tonnes, USD Million, 2020-2031)
By Application (Volume, Tonnes, USD Million, 2020-2031)
By Geography (Volume, Tonnes, USD Million, 2020-2031)
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