Grape Seed Oil Market Size to Grow by USD 73.07 million | 32% of Market Growth to Originate from Europe | Technavio
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 73.07 mn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 3.89% during the forecast period.
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, Belgium, and 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.
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.
Europe, North America, APAC, South America, and MEA
Performing market contribution
Europe at 32%
Key consumer countries
US, China, Spain, France, and Italy
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
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.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization purview
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Exhibit 71: Pietro Coricelli Spa - Product and service
Exhibit 72: Pietro Coricelli Spa - Key offerings
10.12 Pompeian Inc.
Exhibit 73: Pompeian Inc. - Overview
Exhibit 74: Pompeian Inc. - Product and service
Exhibit 75: Pompeian Inc. - Key offerings
11 Appendix
11.1 Scope of the report
11.2 Currency conversion rates for US$
Exhibit 76: Currency conversion rates for US$
11.3 Research methodology
Exhibit 77: Research Methodology
Exhibit 78: Validation techniques employed for market sizing
Exhibit 79: Information sources
11.4 List of abbreviations
Exhibit 80: List of abbreviations
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