The grapeseed oil market is expected to witness robust growth by 2027 due to rising awareness regarding product benefits in several applications across the globe.

Grapeseed oil, a byproduct of winemaking, is produced from grape seeds that are left behind after making wine. This oil is extracted from the leftover grape seeds and has gained massive prominence in recent years owing to its numerous properties.

Grapeseed oil is lauded as a natural beauty product and is widely used as a healthy alternative to vegetable oil in cooking. Grapeseed oil offers several health benefits, which has added to its appeal across key marketplaces. It has gained substantial popularity as an alternative cooking oil since it possesses similar characteristics to vegetable or olive oil.

Additionally, grapeseed oil has high polyunsaturated fatty acids (PUFAs), particularly omega-6 fatty acids. The American Heart Association has found that PUFAs could be beneficial for the heart if used as a substitute for trans fats and saturated fats in the diet. Research findings also suggest that PUFAs could potentially decrease cholesterol and lower the chances of heart diseases.

Moreover, grapeseed oil is extensively utilized for cosmetic purposes as it has a high content of vitamin E as well as omega-6 fatty acids. The skin is adversely affected due to free radicals and environmental conditions, such as continued exposure to wind, sun, and pollution, which can expedite aging and cause discoloration and dry skin.

Vitamin E is considered vital in tackling free radicals and helps improve the skin when included in the diet. It could also offer the same benefits when applied to the skin directly. Subsequently, product adoption has soared across the globe as grapeseed oil is rich in Vitamin E.

Notably, studies have also found that grapeseed oil could be used as a fully renewable fuel, thereby enhancing market dynamics worldwide. Research has established that residues from the wine industry contain a valuable feedstock for biodiesel, which could be easily available typically in wine-producing countries.

Grapeseed oil, when combined with bioethanol that is derived from wine surplus or distillation of grape stalks and skins in the transesterification reaction, leads to the production of fatty acid ethyl esters (FAEE). These FAEEs are fully renewable and waste-obtained biofuel, which has fostered industry outlook across leading regions.

For extensive analysis, the grapeseed oil market has been segmented in terms of extraction process, application, and region.

With respect to region, the LATAM grapeseed oil market is speculated to witness steady growth through 2027, progressing at a CAGR of about 1.5% over the forecast period. Rapid urbanization has boosted consumer awareness pertaining to the use of natural growth promoters, causing a decrease in the consumption of foods containing additional artificial additives, which is set to drive regional market demand in the future.

In 2020, the MEA grapeseed oil market valuation surpassed USD 10 million and is estimated to grow at a sizable pace over 2021-2027. Growing consumer inclination towards a healthier lifestyle is projected to propel regional market expansion through the forthcoming years.