Global Jojoba Oil Market By Overview
Jojoba oil is extracted from the seed of the perennial shrub and is widely used in cosmetics and pharmaceutical products. In cosmetics, jojoba oil is used for providing skin protection and prevent aging, resulting in its increased penetration in different cosmetics such as sunscreens, lotions, skin creams, moisturizers, lipsticks, and balms. Jojoba oil has many applications in pharmaceutical industry such as, it is utilized as a carrier for medicinal formulae, antibiotics stabilizer, and appetite depressant. Jojoba oil has various characteristics such as great viscosity index, compatibility with additives, and miscibility in mineral oil base stocks. Due to these characteristics jojoba oil is also used as foam control agent, electric insulator, transformer oil, plasticizer, factice, adhesive, and more. Also, jojoba oil plays major role as lubricant in various high temperature and pressure applications such as hydraulics. Jojoba oil also acts as transformer oil, grading, and cutting oil used in various industries applications. Arizona, California, and Mexico across the globe are the major producers of jojoba oil across the globe.
The major factor driving growth of the global jojoba oil market are Increasing demand for jojoba oil in cosmetics, and pharmaceutical industries especially in herbal medicines. In addition, jojoba oil is rich in numerous vitamins and minerals such as vitamin E and B complex, silicon, copper, zinc, chromium, and iodine. This results in adoption of jojoba oil in pharmaceutical products, which in turn aid in growth of the global jojoba oil market. Rising preference for organic personal care products among individuals and safety guidelines from regulatory bodies such as EPA and REACH regarding use of jojoba oil are other factors expected to propel growth of the target market over the forecast period. However, lack of awareness of the benefits of the jojoba oil among individuals specially in developing countries is one of the major restraint for growth of the global jojoba oil market. In addition, low yield of crop is another factor hampering the growth of the target market. Rising individual preference towards herbal medicines and increasing focus on the manufacture and supply of herbal medicines by vendors in the market is the ongoing trend observed in the target market which will further expected to fuel growth of the target market over the forecast period.
The global jojoba oil market is segmented on the basis of grade, application and region. On the basis of grade, the target market is classified into winterized jojoba, and lite or bleached jojoba. Based on application, the global jojoba oil market is divided into cosmetics, pharmaceutical, industrial, and others.
On the basis of region, the global jojoba oil market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is accounted for largest market share in terms of revenue and is expected to dominate the target market over the forecast period. This is attributed to the rapidly growing cosmetics, personal care, and pharmaceutical industries especially in the US and Mexico in the region. Asia Pacific is projected to witness significant growth in terms of revenue. This is due to increasing preference towards natural ingredients, rising demand for innovative and organic beauty products in various countries such as India, China, and Japan.
Key players operating in global jojoba oil market are Eco Oil Argentina SA, El Baraka For Natural Oils, Desert Whale Jojoba Company, The Jojoba Company, Purcell Jojoba International, Egyptian Natural Oil Co., Inca Oil SA, W. Ulrich GMBH, Earth Expo Company, and Sivkin Butik.
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Global Jojoba Oil Market By Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Grade
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Jojoba Oil Market, By Grade, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Winterized Jojoba
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Lite or Bleached Jojoba
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Jojoba Oil Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Cosmetics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Pharmaceutical
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Industrial
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Jojoba Oil Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Grade, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Grade, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Grade, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Grade, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Grade, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Eco Oil Argentina SA.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- El Baraka For Natural Oils
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Desert Whale Jojoba Company.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Jojoba Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Purcell Jojoba International
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Egyptian Natural Oil Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Inca Oil SA.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ulrich GMBH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Earth Expo Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sivkin Butik.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global jojoba oil market is segmented on the basis of grade, application, and region.
The major factor driving the growth of the global jojoba oil market is Increasing demand for jojoba oil in cosmetics, and pharmaceutical industries, especially in herbal medicines.
North America is accounted for the largest market share in terms of revenue and is expected to dominate the target market over the forecast period. This is attributed to the rapidly growing cosmetics, personal care, and pharmaceutical industries especially in the US and Mexico in the region.
Key players in the jojoba oil market invest heavily in the development of innovative products and focus on expanding their product portfolio to strengthen their position in the global industry