Grapeseed Oil Market was Register Revenue of USD 445 Million in 2020

According to Global Market Insights Inc., the Grapeseed Oil market had reached a valuation of USD 445 Million in 2020 and is all set to touch a valuation of USD 585 Million in 2027 with the growing CAGR of 4% during the forecast period.

Grapeseed oil market size has been witnessing an exponential growth over the last couple of decades due to the surging demand for plant-based ingredients in several end-use applications. The product is a high source of vital fatty acids such as omega-3 and omega-6. Grapeseed oil benefits range from exhibiting anti-inflammatory properties, reduction in the risk of cardiovascular diseases, control levels of cholesterol, facilitate wound healing and cater as a suitable alternative to saturated fats and trans fats.

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The increasing requirement to extract plant-based products coupled with the shifting trend towards adopting a healthy lifestyle will support innovations and technological advancements in the field. Global grapeseed oil industry share is projected to surpass a total valuation of USD 560 million by 2025. Proliferating interest of the consumers in natural and non-synthetic ingredients primarily in Germany and U.K. has steered the production of sustainable and eco-friendly food products.

During the year 2017, retail sales of organic food products in Germany accounted for USD 11 billion. While Switzerland showcased highest per capita consumption of organic food amounting to USD 315 in the same year. Organic foods contain fewer pesticides, are known to be beneficial for the environment, carry a longer shelf life as they do not have preservatives and are GMO (genetically modified organisms) free, making them a preferred choice among people worldwide.

Global Grapeseed Oil market-leading manufacturers, together with production, cost, earnings (value) and market share, the key players are: Tampieri Group, Borges Mediterranean Group, Gustav Heess, Olitalia, Pietro Coricelli, Hebei Xinqidian Biotechnology, SANO, Aromex Industry, Guanghua Oil, OleificioSalvadori, Sophim, Mazola, Lesieur Solutions Industries, Mediaco Vrac.

This market report has been compiled to understand diverse market developments across specific regional pockets such as Europe, North and Latin American, Asia Pacific countries, as well as several countries across MEA and RoW that are directly witnessing developments over the years. A specific understanding on country level and local level developments have also been included in the report to encourage high rise growth declining market constraints and growth retardants.

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Scope of the Report:

The report provides an overall analysis of the Grapeseed Oil market share, size, challenges & opportunities, market risk factors, drivers & restraints, segmentation, revenue forecasts, and key industry players with respect to their company profile, product portfolio, capacity, price, cost, and revenue. The report analyzes industry drivers, obstacles, latest discoveries, and openings available for newcomers in the market. The Grapeseed Oil Market report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the Market.

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