Red wineis a type of wine which is being extracted by crushing different varieties of black grapes and fermenting it. The color of red wine depends on the type of grape that are selected for crushing process, the color may range from intense violet color to brick red color.Due to antioxidant properties of Red wine, it has been known for its benefits regarding resveratrol. Resveratrol is phytoalexin which is found in various variety of plants. In case of grape resveratrol is found in the skin of grapes and stem and leaves of the plant. The natural antibiotic effects of resveratrol which is found in the red wine extract, acts as a defensive system for the body. Companies have been investing heavily on the research and development due to the discovery of health benefits associated with the red wine extract.
Market Segmentation:
Red wineextract is segment on the basis of application, form and region. On the basis of application market is segmented into food and beverages, pharmaceuticals and cosmetic & personal care products. Among all these segment food and beverages is expected to grow enormously in the coming future, followed by cosmetics and personal care segment. The demand for red wine extract is more due to the benefit it offers as well as easy availability of product to the consumer. On the basis of form the market is segmented intopowder, capsule and liquid.Red wine extract come in different forms but the most popular form is the capsule form. Red wine extract has special properties which provide various health benefits such as anti-inflammatory properties, antioxidant properties and has the ability to maintain platelet count.On the basis of region red vine extractmarket is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan.
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Market Regional Outlook:
Regional segment for the market of Red wineextractis divided into seven different regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan. Among these segment North America is expected to have the major market share globally, as it is the largest producer and consumer of Red wineextract. In Asia Pacific region the countries like China and Australia are generating the major revenue. In terms of revenue Latin America is the second prominent contributor in theRed wineextract market.
Market Drivers:
The rise in demand for anti-ageing cream is expected to drive the growth of global red wineextractmarket. Red wine extractis not only a rich source of resveratrol but it also exhibits some special properties such as Stimulates eNOS activity, Prevent clotting of blood, prevents the oxidation of LDL cholesterol and reduces the risk of Alzheimer’s disease. It also helps in reducing obesity and slowing the rate of aging. These versatile properties of red wine extract is attracting attract pharmaceutical segment as well, which will defiantly drive the red wine extract market to a greater extent.Moreover, the market is also driven by the increasing awareness among the consumers about the health benefits associated with red wine extract. Although red wine extract has anti- cancer benefits, but research has found that it can promote breast cancer. Another worrying fact about red wine extract is that it acts as an anti-coagulant, if a person takes prescribed blood thinner along with the red wine extract he may lead to excessive bleeding. These property can actually be a restrain to the growing market of red wine extract.
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Market Key Players:
Some of the key players in red wine extract market areSEPPIC 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.