Unlocking the potential of health and beauty Exploring the growth of the global wine extract market | IGF

wine extract market
wine extract market

The wine extract market is expected to reach $66.3 million by 2032, growing at 5.20%. This increase is attributed to the increase in applications in cosmetics and food supplements. Wine extracts, known for their antioxidant properties like resveratrol, are derived from the fermentation of various red and black grapes, thereby contributing to the expansion of the market.

The wine extract market is estimated to reach $43.6 million by 2022. According to the report, wine extract sales are expected to grow at a CAGR of 5.20% and reach an estimate of $66.3 million. of US dollars in 2032. The growing application of wine extracts is predicted that the need for wine extracts will increase due to cosmetics and dietary supplements, which will ultimately propel the expansion of the global wine extracts market . Red wine, as everyone knows, is an alcoholic beverage obtained by crushing several varieties of red and black grapes through a fermentation process.

Many black grapes are crushed and fermented to create wine. The color of the wine can vary from a dark purple to a brick red, depending on the type of grape crushed. Since wine is an antioxidant, its benefits compared to resveratrol have been known for a long time.

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Regional Market Outlook

Wine Extract is sold in seven main regional segments: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa, and Japan. Being the largest producer and consumer of wine extracts in the world, North America is expected to hold the largest global market share in this area.

The largest revenue-producing countries in the Asia-Pacific region are Australia and China. Latin America is the second largest revenue producing region in the wine extract market.

Market factors

Increasing demand for anti-aging cream is expected to drive the growth of the global wine extract market. Wine extract is not only a rich source of resveratrol, but also has special properties such as stimulating eNOS activity, preventing blood clotting, preventing LDL cholesterol oxidation and reduced risk of Alzheimer’s disease.

It also helps reduce obesity and slow down aging. These versatile properties of wine extract are also attracting the pharmaceutical segment, which will undoubtedly boost the wine extract market to a greater extent. Additionally, the market is also driven by growing consumer awareness about the health benefits associated with wine extract.

Although wine extract has anti-cancer benefits, research has shown that it may promote breast cancer. Another worrying fact about wine extract is that it acts as a blood thinner. If a person takes a prescribed blood thinner with the wine extract, it may lead to excessive bleeding. This property may actually act as a barrier to the growing wine extract market.

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Key market players

Some of the key players in the wine extract market are S EPPIC Inc., Hangzhou Greensky Biological Tech. Co., Ltd., Diana Naturals Inc., Xi’an Chinwon Biotech Inc., GRAP’SUD, Diana Naturals Inc, Ethical Naturals, Inc. and VDF/FutureCeuticals, Inc.

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts and inputs from industry experts. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and driving factors along with market attractiveness across segments. The report also maps the qualitative impact of various market factors across market segments and regions.

Market segmentation

Wine extract is segmented based on application, form and region. On the basis of application, the market is segmented into

  • Food and drinks
  • Drugs
  • Cosmetic and personal care products

On the basis of form, the market is segmented into

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