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PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339176
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339176
Ben Oil Market Share, Size, Trends, Industry Analysis Report, By End Use (Cosmetics, Foods & Beverages, Pharmaceuticals, and Others); By Sales Channel (Offline, Online); By Region; Segment Forecast, 2023 - 2032
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PAGES: 115 Pages
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The global ben oil market size is expected to reach USD 19.21 billion by 2032, according to a new study by Polaris Market Research. The report "Ben Oil Market Share, Size, Trends, Industry Analysis Report, By End Use (Cosmetics, Foods & Beverages, Pharmaceuticals, and Others); By Sales Channel (Offline, online); By Region; Segment Forecast, 2019 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising consumer awareness towards the healthy consumable products available in the market and significant change in the consumer preferences for their personal care skin products from artificial chemical ingredients to natural and organic ones, are prominent factors fostering the global market demand and growth. Beside this, major manufacturers operating in the market are highly focused regarding the adoption of possible ways to improve their product reliability and are introducing products that are completely made up of natural ingredients, is also expected to fuel the growth rate over the coming years.
For instance, in November 2021, Speaking Herbs, unveiled its brand new moringa oil, that is 100% free from any kind of chemicals or toxins derived from the seeds of Moringa oleifera tree. It helps in reducing the pimple scars and acne, lightens blemishes and dark spots, and also lightens the tan marks.
Innovations in extraction technology and techniques including cold-pressed extraction, ultrasonic-assisted extraction, and supercritical fluid extraction, which have led to more efficient and environmentally friendly extraction of ben oil from the moringa seeds, is gaining significant traction and popularity across the world. The rising prevalence for the integration of modern processing equipment such as centrifuges, decanters, and filter presses can also improve the yield and quality of the oil and reduce production costs, which allows producers to produce ben oil in larger quantities and meet the growing demand around the world.
The increasing use of ben oil in biodegradable plastics as a sustainable packaging, presenting an opportunity for businesses to tap into the growing demand for sustainable packaging solutions, in order to reduce the environmental impact of packaging waste and also help companies to gain a competitive edge ahead of their competitors. Apart from this, new processing equipment such as centrifuges, filter presses, and decanters have also been developed to improve the quality and consistency of production and enabling companies to expand their production capacities, thereby creating huge growth potential.
Ben Oil Market Report Highlights
Pharmaceuticals segment accounted for highest share in 2022, which is mainly driven by growing product use in medicine production due to its antioxidant and anti-inflammatory properties
Online segment is expected to grow at fastest growth rate over the study period, mainly due to increasing number of shoppers preferring online shopping due to convenience and features it provides
North America region dominated the global market with largest share in 2022, owing to growing consumer awareness regarding the benefits of consuming organic and natural products and higher production of ben oil in the region
The global key market players include: AOS Products, Moringa Connect, Ancient GreenFields, Botanica Natural Products, Moringa Wellness, Kerfoot Group, Asili Natural Oils Limited, and Jedwards International
Polaris Market Research has segmented the ben oil market report based on end use, sales channel, and region:
Ben Oil, End Use Outlook (Revenue - USD Billion, 2019 - 2032)
- Cosmetics
- Foods & Beverages
- Pharmaceuticals
- Others
Ben Oil, Sales Channel Outlook (Revenue - USD Billion, 2019 - 2032)
- Offline
- Online
Ben Oil, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Product Code: PM3556
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Ben Oil Market Insights
- 4.1. Ben Oil Market - Industry Snapshot
- 4.2. Ben Oil Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Surge in awareness among consumers about healthy consumable products
- 4.2.1.2. Increasing demand for natural and organic products
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Ben Oil Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Ben Oil Market, by End Use
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Ben Oil, by End Use, 2019-2032 (USD Billion)
- 5.3. Cosmetics
- 5.3.1. Global Ben Oil Market, by Cosmetics, by Region, 2019-2032 (USD Billion)
- 5.4. Foods & Beverages
- 5.4.1. Global Ben Oil Market, by Foods & Beverages, by Region, 2019-2032 (USD Billion)
- 5.5. Pharmaceuticals
- 5.5.1. Global Ben Oil Market, by Pharmaceuticals, by Region, 2019-2032 (USD Billion)
- 5.6. Others
- 5.6.1. Global Ben Oil Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Ben Oil Market, by Sales Channel
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 6.3. Offline
- 6.3.1. Global Ben Oil Market, by Offline, by Region, 2019-2032 (USD Billion)
- 6.4. Online
- 6.4.1. Global Ben Oil Market, by Online, by Region, 2019-2032 (USD Billion)
7. Global Ben Oil Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Ben Oil Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Ben Oil Market - North America
- 7.3.1. North America: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.3.2. North America: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.3.3. Ben Oil Market - U.S.
- 7.3.3.1. U.S.: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.3.4. Ben Oil Market - Canada
- 7.3.4.1. Canada: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.4. Ben Oil Market - Europe
- 7.4.1. Europe: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.4.2. Europe: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.4.3. Ben Oil Market - UK
- 7.4.3.1. UK: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.4.4. Ben Oil Market - France
- 7.4.4.1. France: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.4.4.2. France: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.4.5. Ben Oil Market - Germany
- 7.4.5.1. Germany: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.4.6. Ben Oil Market - Italy
- 7.4.6.1. Italy: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.4.7. Ben Oil Market - Spain
- 7.4.7.1. Spain: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.4.8. Ben Oil Market - Netherlands
- 7.4.8.1. Netherlands: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.4.9. Ben Oil Market - Russia
- 7.4.9.1. Russia: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.5. Ben Oil Market - Asia Pacific
- 7.5.1. Asia Pacific: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.5.3. Ben Oil Market - China
- 7.5.3.1. China: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.5.3.2. China: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.5.4. Ben Oil Market - India
- 7.5.4.1. India: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.5.4.2. India: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.5.5. Ben Oil Market - Malaysia
- 7.5.5.1. Malaysia: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.5.6. Ben Oil Market - Japan
- 7.5.6.1. Japan: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.5.7. Ben Oil Market - Indonesia
- 7.5.7.1. Indonesia: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.5.8. Ben Oil Market - South Korea
- 7.5.8.1. South Korea: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.6. Ben Oil Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.6.3. Ben Oil Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.6.4. Ben Oil Market - UAE
- 7.6.4.1. UAE: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.6.5. Ben Oil Market - Israel
- 7.6.5.1. Israel: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.6.6. Ben Oil Market - South Africa
- 7.6.6.1. South Africa: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.7. Ben Oil Market - Latin America
- 7.7.1. Latin America: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.7.3. Ben Oil Market - Mexico
- 7.7.3.1. Mexico: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.7.4. Ben Oil Market - Brazil
- 7.7.4.1. Brazil: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- 7.7.5. Ben Oil Market - Argentina
- 7.7.5.1. Argentina: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Katyani Exports
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. AOS Products
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Dawn Naturals
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Kerfoot
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Avi Naturals
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Mother Hubs
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Asili Natural Oils Jedwards International
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Green India
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Moringa Connect
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. MoSagri
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Moringa Malawi
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Botanica Natural Products
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
- 9.13. Organic India
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
- 9.14. Ayuritz
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development
- 9.15. Marudhar Impex
- 9.15.1. Company Overview
- 9.15.2. Financial Performance
- 9.15.3. Product Benchmarking
- 9.15.4. Recent Development
- 9.16. True Moringa
- 9.16.1. Company Overview
- 9.16.2. Financial Performance
- 9.16.3. Product Benchmarking
- 9.16.4. Recent Development
- 9.17.Ancient GreenFields
- 9.17.1. Company Overview
- 9.17.2. Financial Performance
- 9.17.3. Product Benchmarking
- 9.17.4. Recent Development
- 9.18.Genera Nutrients
- 9.18.1. Company Overview
- 9.18.2. Financial Performance
- 9.18.3. Product Benchmarking
- 9.18.4. Recent Development
- 9.19.Moringa Wellness
- 9.19.1. Company Overview
- 9.19.2. Financial Performance
- 9.19.3. Product Benchmarking
- 9.19.4. Recent Development
Product Code: PM3556
List of Tables
- Table 1 Global Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 2 Global Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 3 Ben Oil Market Assessment, By Geography, 2019-2032 (USD Billion)
- Table 4 North America: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 5 North America: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 6 U.S.: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 7 U.S.: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 8 Canada: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 9 Canada: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 10 Europe: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 11 Europe: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 12 UK: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 13 UK: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 14 France: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 15 France: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 16 Germany: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 17 Germany: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 18 Italy: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 19 Italy: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 20 Spain: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 21 Spain: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 22 Netherlands: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 23 Netherlands: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 24 Russia: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 25 Russia: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 26 Asia Pacific: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 27 Asia Pacific: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 28 China: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 29 China: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 30 India: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 31 India: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 32 Malaysia: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 33 Malaysia: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 34 Japan: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 35 Japan: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 36 Indonesia: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 37 Indonesia: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 38 South Korea: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 39 South Korea: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 40 Middle East & Africa: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 41 Middle East & Africa: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 42 Saudi Arabia: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 43 Saudi Arabia: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 44 UAE: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 45 UAE: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 46 Israel: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 47 Israel: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 48 South Africa: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 49 South Africa: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 50 Latin America: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 51 Latin America: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 52 Mexico: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 53 Mexico: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 54 Brazil: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 55 Brazil: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
- Table 56 Argentina: Ben Oil Market, by Sales Channel, 2019-2032 (USD Billion)
- Table 57 Argentina: Ben Oil Market, by End Use, 2019-2032 (USD Billion)
List of Figures
- Figure 1 Global Ben Oil Market, 2019-2032 (USD Billion)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by Sales Channel
- Figure 7 Global Ben Oil Market, by Sales Channel, 2022 & 2032 (USD Billion)
- Figure 8 Market by End Use
- Figure 9 Global Ben Oil Market, by End Use, 2022 & 2032 (USD Billion)
- Figure 10 Ben Oil Market Assessment, By Geography, 2019-2032 (USD Billion)
- Figure 11 Strategic Analysis - Ben Oil Market
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