The global mango seed oil market is estimated to be valued at USD 237.9 Mn in 2024 and is expected to reach USD 387.1 Mn by 2031, growing at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 237.9 Mn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
7.20% |
2031 Value Projection: |
US$ 387.1 Mn |
Figure. Mango Seed Oil Market Share (%), By Region, 2024
Mango seed oil is extracted from the kernels or seeds of mangoes through a mechanical or chemical extraction process. It is a natural oil that has wide applications in cosmetics, personal care, and pharmaceuticals due to its nourishing and moisturizing properties. The global mango seed oil market has been growing steadily over the years due to rising awareness about the nutritional and skincare benefits of mango seed oil. It is rich in essential fatty acids like oleic acid and linoleic acid which makes it a great emollient for skin and hair care products. Moreover, the minimal processing required and ability to extract oil from discarded mango seeds and kernels make it a sustainable product.
Market Dynamics:
The key drivers contributing to the growth include the rising demand for natural and plant-based ingredients in personal care products, growing cosmetics industry worldwide, and awareness about the nutritional properties of mango seed oil. However, factors like price volatility of raw materials and seasonal availability of mangoes pose challenges for market players. The opportunities for market expansion lie in innovating new application areas in pharmaceuticals and functional foods, and leveraging the sustainability factor associated with mango seed oil.
Key Features of the Study:
- This report provides in-depth analysis of the global mango seed oil market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global mango seed oil market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include VedaOils, Natures Natural India, AG Organica, India Aroma Oils and Company, Olam International, Sunfood Corporation, Hain Celestial Group, Dole Food Company, McCain Foods, Kraft Heinz Company, General Mills, Conagra Brands, B&G Foods, Pinnacle Foods, Tropicana Products, Green Giant, Del Monte Foods, Euro Foods Industries, Maxcor Agro And Allieds, and Caradora Health Solutions
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global mango seed oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global mango seed oil market
Detailed Segmentation:
- Product Type Insights (Revenue, USD Mn, 2019 - 2031)
- Cold-Pressed Mango Seed Oil
- Refined Mango Seed Oil
- Other Variants
- Application Insights (Revenue, USD Mn, 2019 - 2031)
- Cosmetics and Personal Care
- Food and Beverage
- Pharmaceuticals
- Others
- Distribution Channel Insights (Revenue, USD Mn, 2019 - 2031)
- Online Retail
- Supermarkets/Hypermarkets
- Health and Beauty Stores
- Others
- By Regional Insights (Revenue, USD Mn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- VedaOils
- Natures Natural India
- AG Organica
- India Aroma Oils and Company
- Olam International
- Sunfood Corporation
- Hain Celestial Group
- Dole Food Company
- McCain Foods
- Kraft Heinz Company
- General Mills
- Conagra Brands
- B&G Foods
- Pinnacle Foods
- Tropicana Products
- Green Giant
- Del Monte Foods
- Euro Foods Industries
- Maxcor Agro And Allieds
- Caradora Health Solutions