Global Grape Seed Oil Market Is Expected to Reach USD 604 :

Global Grape Seed Oil Market Is Expected to Reach USD 604


Global Grape Seed Oil Market Is Expected to Reach USD 604 million by 2028 : Fior Markets
Grape Seed Oil Market by Extraction Process (Mechanical, Chemical), Application (Food & beverage, Personal care & cosmetics, Healthcare, Others), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028
June 04, 2021 04:00 ET
| Source:
Fior Markets
Fior Markets
Pune, INDIA
Newark, NJ, June 04, 2021 (GLOBE NEWSWIRE) -- As per the report published by Fior Markets, the 
global grape seed oil market is expected to grow from USD 580 million in 2020 and reach USD 604 million by 2028, growing at a CAGR of 4.8% during the forecast period 2021-2028.
Due to the demand from various application industries such as personal care & cosmetics, food & beverages, and healthcare, the global grape seed oil market is expected to rise significantly over the forecast period. Furthermore, increasing health consciousness among individuals, as well as rising spending on personal care and cosmetic products, especially among the younger population, is expected to boost grape seed oil demand over the forecast period. It's utilized in the manufacture of moisturizers, balms, massage oils, and sunburn cream. Acne, edema, arthritis, anti-aging, sunburns, weight reduction, stress reduction, diabetes, cardiovascular disease, vision impairment, hypertension, and other conditions can all benefit from grape seed oil. The pandemic has had an influence on the grapeseed oil industry, since demand has reduced dramatically in 2020. This is owing to the product's unavailability in stores as a result of government-imposed lockdowns throughout the world. As a result of the cosmetic industry's reliance on internet purchasing, sales have decreased when compared to the pre-COVID environment.

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