Global Grape Seed Oil Market: Trends, Growth Drivers, and Forecast Analysis 2023-2030
The global grape seed oil market size is anticipated to reach USD 1.08 billion by 2030, as per a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 9.9% from 2023 to 2030. The growth is majorly driven by the rising demand for the product from various end-use industries like food & beverages, healthcare, and cosmetics & personal care. The current and future growth of the market is due to the surging problems associated with an unhealthy lifestyle of most of the population, such as joint issues, and some of the cardiovascular diseases, which have led to a rise in high-quality product formulation. Moreover, the increasing number of investments by key manufacturers in the field of research and development with respect to product formation has improved the growth opportunities for the product market. Multinational corporations globally have established a global grape seed oil supply chain comprising in-house supply channels ...