PUBLISHER: IMARC | PRODUCT CODE: 1642845
PUBLISHER: IMARC | PRODUCT CODE: 1642845
Jojoba Oil Market Size, Share, Trends and Forecast by Application, Distribution Channel, and Region, 2025-2033
The global jojoba oil market size was valued at 19,907.4 Tons in 2024. Looking forward, IMARC Group estimates the market to reach 32,443.4 Tons by 2033, exhibiting a CAGR of 5.53% from 2025-2033. North America currently dominates the market, holding a market share of over 39.6% in 2024. The increasing research and development activities, rising awareness regarding female hygiene, and escalating demand for organic personal care products represent some of the key factors driving the market in the region.
The Rising Demand from the Cosmetic Industry Augmenting the Market Growth
The jojoba oil market has been experiencing continuous growth. Jojoba oil is widely used in various skincare and hair care products, such as facial cleansers, moisturizers, scar and stretch mark minimizers, anti-acne gels, hair conditioners, de-tangling creams, and hair regrowth serums. It is rich in essential vitamins and minerals like vitamins C, B, and E, copper, and zinc, making it an excellent nourishing agent for skin and hair. Moreover, as consumers are increasingly becoming conscious of the benefits of organic personal care products, the demand for jojoba oil is expected to rise further.
Competitive analysis, such as market structure, future market growth, new entrants, and product differentiation, has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is fragmented due to the presence of numerous large and small players. There is intense competition between vendors owing to low product differentiation and low switching costs. The volume of new entrants is moderate in the jojoba oil industry due to low product differentiation, high capital costs, and the requirement of the economy of scale for firms to remain profitable.
What is Jojoba oil?
Jojoba oil is a vegetable oil derived from the crushed beans of the jojoba shrub, scientifically known as Simmondsia Chinensis. This polyunsaturated liquid wax is structurally similar to sebum, the natural oil produced by the skin. Consequently, it has excellent skin absorption properties and rarely causes allergic reactions. In addition, it helps inhibit the growth of various bacterial and fungal microbes that attack the skin. It contains several essential vitamins and minerals, including vitamin E and B complex, silicon, chromium, copper, iodine, and zinc. It can nourish dry skin and regulate oil production while preventing skin damage due to microbial growth. As a result, jojoba oil finds extensive applications in skin care products as an ideal alternative to animal fats in the production of body creams and lotions across the globe.
COVID-19 Impact:
The COVID-19 pandemic outbreak has caused a severe problem for the jojoba oil industry and imposed unprecedented challenges on numerous countries. The supply of both raw materials, such as jojoba seeds, and finished products, like jojoba oil, has been interrupted in countries around the world due to the implementation of lockdowns. It has also created a serious disturbance in the packaging sector and hampered the supply chains, which resulted in shortages and increments in the price of raw materials. The pandemic has also resulted in labor shortages and led to inter-country trade bans. This, in turn, has forced jojoba oil manufacturers to reduce capacity utilization and even shut down plants due to the reduced availability of raw materials. However, the extent of the impact varies depending on the nature of the business. Industries such as tourism, aviation, and hospitality have been hit hard, while the COVID-19 outbreak has positively impacted sectors like pharmaceuticals, online education, and home fitness equipment. With increasing unemployment rates and lower incomes, people have restricted their spending to essential goods, resulting in decreased demand for luxury products like jojoba oil. Lower incomes have also caused people to be more cautious with their spending on luxury items. As jojoba oil is primarily used for cosmetic purposes, reduced discretionary spending on cosmetic items has further contributed to the decline in product demand. Additionally, the temporary closure of supermarkets, hypermarkets, and malls in various countries during the COVID-19 pandemic has also led to reduced consumer spending, thereby affecting the overall product demand.
Jojoba Oil Market Trends:
At present, the rising use of jojoba oil in manufacturing personal care products represents the primary factor driving the market growth. Moreover, jojoba oil has remarkable shelf life and stability, as it resists oxidation, rancidity, and breakdown under high temperatures and pressure. In line with this, the increasing adoption of jojoba oil in various skin and hair care products, including moisturizers, facial cleansers, scar and stretch mark minimizers, anti-acne gels, hair conditioners, de-tangling creams, and hair regrowth serums is positively influencing the market growth. Additionally, the surging utilization of jojoba oil as a dietary supplement and a key ingredient in several pharmaceutical products that aid in treating sores, cuts, bruises, burns, athlete's foot, and warts has catalyzed the market growth. Besides this, key players are investing heavily in research and development (R&D) activities to develop innovative and cost-effective technologies to ensure a consistent supply of jojoba oil resources, which is acting as another major growth-inducing factor. Furthermore, jojoba oil possesses powerful anti-inflammatory properties that can help alleviate skin irritations such as chaffing, chapping, and redness caused by dryness. In addition, a rising number of people incorporating jojoba oil into their daily skincare routine to treat a range of skin issues, including acne, dryness, and scar removal, is contributing to the market growth. Other factors, including the growing awareness about the benefits of jojoba oil, escalating demand for organic personal care products, and inflating consumer disposable incomes, are also anticipated to drive the market further.
Key Market Segmentation:
Application Insights:
- Cosmetics
- Pharmaceutical
- Industrial
- Others
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
- The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Amongst these, North America was the largest market for jojoba oil. Some of the factors driving the jojoba oil industry included the flourishing personal care and cosmetics industry in the region, growing utilization of jojoba oil as a bio-fuel based on the increasing environmental pollution from conventional fossil fuels, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global jojoba oil market. Some of the companies covered in the report include:
- Eco Oil Argentina SA
- Purcell Jojoba International
- Egyptian Natural Oil Co.
- Inca Oil SA
- The Jojoba Company
- Vantage Specialty Chemicals Inc.
Key Questions Answered in This Report
- 1. What is jojoba oil?
- 2. How big is the global jojoba oil market?
- 3. What is the expected growth rate of the global jojoba oil market during 2025-2033?
- 4. What are the key factors driving the global jojoba oil market?
- 5. What is the leading segment of the global jojoba oil market based on application?
- 6. What is the leading segment of the global jojoba oil market based on distribution channel?
- 7. What are the key regions in the global jojoba oil market?
- 8. Who are the key players/companies in the global jojoba oil market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Jojoba Oil Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trends
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Region
- 5.5 Market Breakup by Application
- 5.6 Market Breakup by Distribution Channel
- 5.7 Market Forecast
- 5.8 SWOT Analysis
- 5.8.1 Overview
- 5.8.2 Strengths
- 5.8.3 Weaknesses
- 5.8.4 Opportunities
- 5.8.5 Threats
- 5.9 Value Chain Analysis
- 5.9.1 Overview
- 5.9.2 Research and Development
- 5.9.3 Raw Material Procurement
- 5.9.4 Manufacturing
- 5.9.5 Marketing
- 5.9.6 Distribution
- 5.9.7 End-Use
- 5.10 Porters Five Forces Analysis
- 5.10.1 Overview
- 5.10.2 Bargaining Power of Buyers
- 5.10.3 Bargaining Power of Suppliers
- 5.10.4 Degree of Rivalry
- 5.10.5 Threat of New Entrants
- 5.10.6 Threat of Substitutes
- 5.11 Price Analysis
- 5.11.1 Key Price Indicators
- 5.11.2 Price Structure
- 5.12 Key Market Drivers and Challenges
6 Performance of Key Regions
- 6.1 North America
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Europe
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Asia Pacific
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Latin America
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Middle East and Africa
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Applications
- 7.1 Cosmetics
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Pharmaceutical
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Industrial
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Supermarkets and Hypermarkets
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Convenience Stores
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Online Stores
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Competitive Landscape
10 Jojoba Oil Manufacturing Process
- 10.1 Product Overview
- 10.2 Detailed Process Flow
- 10.3 Various Types of Units Operations Involved
- 10.4 Mass Balance and Raw Material Requirements
11 Project Details, Requirements and Costs Involved
- 11.1 Land, Location and Site Development
- 11.2 Construction Requirements and Expenditures
- 11.3 Plant Machinery
- 11.4 Machinery Pictures
- 11.5 Raw Materials Requirements and Expenditures
- 11.6 Raw Material and Final Product Pictures
- 11.7 Packaging Requirements and Expenditures
- 11.8 Transportation Requirements and Expenditures
- 11.9 Utilities Requirements and Expenditures
- 11.10 Manpower Requirements and Expenditures
- 11.11 Other Capital Investments
12 Jojoba Oil Manufacturing Plant: Loans and Financial Assistance
13 Jojoba Oil Manufacturing Plant: Project Economics
- 13.1 Capital Cost of the Project
- 13.2 Techno-Economic Parameters
- 13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
- 13.4 Taxation and Depreciation
- 13.5 Income Projections
- 13.6 Expenditure Projections
- 13.7 Financial Analysis
- 13.8 Profit Analysis
14 Key Players Profiles
- 14.1 Eco Oil Argentina SA
- 14.2 Purcell Jojoba International
- 14.3 Egyptian Natural Oil Co.
- 14.4 Inca Oil SA
- 14.5 The Jojoba Company
- 14.6 Vantage Specialty Chemicals Inc.
List of Figures
- Figure 1: Global: Jojoba Oil Industry: Major Drivers and Challenges
- Figure 2: Global: Jojoba Oil Market: Sales Volume (in Tons), 2019-2024
- Figure 3: Global: Jojoba Oil Market: Sales Value (in Million USD), 2019-2024
- Figure 4: Global: Jojoba Oil Market: Production Breakup by Region (in %), 2024
- Figure 5: Global: Jojoba Oil Market: Consumption Breakup by Region (in %), 2024
- Figure 6: Global: Jojoba Oil Market: Breakup by Application (in %), 2024
- Figure 7: Global: Jojoba Oil Market: Breakup by Distribution Channel (in %), 2024
- Figure 8: Global: Jojoba Oil Market Forecast: Sales Volume (in Tons), 2025-2033
- Figure 9: Global: Jojoba Oil Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Jojoba Oil Industry: SWOT Analysis
- Figure 11: Global: Jojoba Oil Industry: Value Chain Analysis
- Figure 12: Global: Jojoba Oil Industry: Porter's Five Forces Analysis
- Figure 13: Jojoba Oil Market: Price Structure
- Figure 14: North America: Jojoba Oil Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: North America: Jojoba Oil Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Europe: Jojoba Oil Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Europe: Jojoba Oil Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Asia Pacific: Jojoba Oil Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Asia Pacific: Jojoba Oil Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Latin America: Jojoba Oil Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Latin America: Jojoba Oil Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Middle East and Africa: Jojoba Oil Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Middle East and Africa: Jojoba Oil Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Jojoba Oil Market (in Cosmetics): Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Jojoba Oil Market Forecast (in Cosmetics): Sales Value (in Million USD), 2025-2033
- Figure 26: Global: Jojoba Oil Market (in Pharmaceuticals): Sales Value (in Million USD), 2019 & 2024
- Figure 27: Global: Jojoba Oil Market Forecast (in Pharmaceuticals): Sales Value (in Million USD), 2025-2033
- Figure 28: Global: Jojoba Oil Market (in Industrial Applications): Sales Value (in Million USD), 2019 & 2024
- Figure 29: Global: Jojoba Oil Market Forecast (in Industrial Applications): Sales Value (in Million USD), 2025-2033
- Figure 30: Global: Jojoba Oil Market (in Other Applications): Sales Value (in Million USD), 2019 & 2024
- Figure 31: Global: Jojoba Oil Market Forecast (in Other Applications): Sales Value (in Million USD), 2025-2033
- Figure 32: Global: Jojoba Oil Market: Sales through Supermarkets and Hypermarkets (in Million USD), 2019 & 2024
- Figure 33: Global: Jojoba Oil Market Forecast: Sales through Supermarkets and Hypermarkets (in Million USD), 2025-2033
- Figure 34: Global: Jojoba Oil Market: Sales through Convenience Stores (in Million USD), 2019 & 2024
- Figure 35: Global: Jojoba Oil Market Forecast: Sales through Convenience Stores (in Million USD), 2025-2033
- Figure 36: Global: Jojoba Oil Market: Sales through Online Stores (in Million USD), 2019 & 2024
- Figure 37: Global: Jojoba Oil Market Forecast: Sales through Online Stores (in Million USD), 2025-2033
- Figure 38: Global: Jojoba Oil Market: Sales through Other Distribution Channels (in Million USD), 2019 & 2024
- Figure 39: Global: Jojoba Oil Market Forecast: Sales through Other Distribution Channels (in Million USD), 2025-2033
- Figure 40: Jojoba Oil Manufacturing Plant: Detailed Process Flow
- Figure 41: Jojoba Oil Manufacturing Process: Conversion Rate of Feedstocks
- Figure 42: Jojoba Oil Manufacturing Plant: Breakup of Capital Costs (in %)
- Figure 43: Jojoba Oil Industry: Margins Across Various Stages of the Supply Chain
- Figure 44: Jojoba Oil Production: Manufacturing Cost Breakup (in %)
List of Tables
- Table 1: Global: Jojoba Oil Industry: Key Industry Highlights, 2024 and 2033
- Table 2: Jojoba Oil: Key Applications
- Table 3: Global: Jojoba Oil Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 4: Global: Jojoba Oil Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 5: Global: Jojoba Oil Market Forecast: Breakup by Distribution Channel (in Million USD), 2025-2033
- Table 6: Global: Jojoba Oil Market: Competitive Structure
- Table 7: Global: Jojoba Oil Market: Key Manufacturers
- Table 8: Jojoba Oil Manufacturing Plant: Raw Material Requirements (in Tons/Day)
- Table 9: Jojoba Oil Manufacturing Plant: Costs Related to Land and Site Development (in USD)
- Table 10: Jojoba Oil Manufacturing Plant: Costs Related to Civil Works (in USD)
- Table 11: Jojoba Oil Manufacturing Plant: Machinery Costs (in USD)
- Table 12: Jojoba Oil Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (USD/Ton)
- Table 13: Jojoba Oil Manufacturing Plant: Costs Related to Utilities
