PUBLISHER: Lucintel | PRODUCT CODE: 1417578
PUBLISHER: Lucintel | PRODUCT CODE: 1417578
Jojoba Oil Trends and Forecast
The future of the global jojoba oil market looks promising with opportunities in the cosmetics & personal care, pharmaceutical, and industrial markets. The global jojoba oil market is expected to grow with a CAGR of 7.7% from 2024 to 2030. The major drivers for this market are long shelf life as well as increasing demand from personal care industry and increasing application in supplement and pharmaceutical industries.
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Jojoba Oil by Segment
The study includes a forecast for the global jojoba oil by type , sales channel, application, and region.
List of Jojoba Oil Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies jojoba oil companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the jojoba oil companies profiled in this report include-
Jojoba Oil Market Insights
Lucintel forecasts that cold-pressed is expected to witness the highest growth over the forecast period due to increasing consumer inclination toward chemical-free and naturally sourced products.
Within this market, cosmetics & personal care will remain the largest segment due to increasing demand for naturally and organically sourced products.
North America is expected to witness highest growth over the forecast period due to increase in end-use industries such as cosmetics, personal care, and pharmaceutical, and the presence of major cosmetics markets.
Features of the Global Jojoba Oil Market
Market Size Estimates: Jojoba oil market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Jojoba oil market size by type , sales channel, application, and region in terms of value ($B).
Regional Analysis: Jojoba oil market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type , sales channel, application, and regions for the jojoba oil market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the jojoba oil market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the jojoba oil market size?
Answer: The global jojoba oil market is expected to reach an estimated $10.2 billion by 2030.
Q2. What is the growth forecast for jojoba oil market?
Answer: The global jojoba oil market is expected to grow with a CAGR of 7.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the jojoba oil market?
Answer: The major drivers for this market are long shelf life as well as increasing demand from personal care industry and increasing application in supplement and pharmaceutical industries.
Q4. What are the major segments for jojoba oil market?
Answer: The future of the jojoba oil market looks promising with opportunities in the cosmetics & personal care, pharmaceutical, and industrial markets.
Q5. Who are the key jojoba oil market companies?
Answer: Some of the key jojoba oil companies are as follows.
Q6. Which jojoba oil market segment will be the largest in future?
Answer: Lucintel forecasts that cold-pressed is expected to witness the highest growth over the forecast period due to increasing consumer inclination toward chemical-free and naturally sourced products.
Q7. In jojoba oil market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increase in end-use industries such as cosmetics, personal care, and pharmaceutical, and the presence of major cosmetics markets.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.