The global jojoba oil market stood at a value of around USD 137.3 million in 2019 and is expected to expand at a CAGR of 8.6% over the forecast period of 2020-2025. Jojoba oil can be used to protect the skin and prevent ageing, leading to its increased demand in the production of various cosmetics such as sunscreens, lotions, skin creams, moisturisers, lipsticks, and balms, which is driving the jojoba oil industry globally. It is also used as a carrier for medicinal formula, antibiotic stabilizer, and depressant appetite in pharmaceutical products.
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Properties and Applications
Jojoba oil is extracted from jojoba seeds and is a source of vitamins like B, E, and C, and minerals like copper and zinc. The global jojoba oil market can be divided based on segments like grade and application.
On the basis of grade, the industry can be classified into winterized jojoba and lite/bleached jojoba. Further, the market can be broadly categorised on the basis of its application into:
The EMR report looks into the regional jojoba oil markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The global jojoba oil market is driven by its increased demand for use in personal care products such as moisturisers, shampoos and conditioners, lipsticks, and skin ointments. The growing demand for personal care products with a high content of vitamin B, E, and C, and minerals like copper and zinc is likely to increase the demand for jojoba oil. It is also expected that the growing awareness regarding the consumption of jojoba oil among consumers will increase its demand, especially in the Asia Pacific region. It is further anticipated that the rapidly growing organic personal care industry will fuel the jojoba oil market growth in emerging economies such as China and India. Increasing awareness of natural and organic cosmetics and products for personal care will also have a beneficial effect on consumer demand, thus, aiding the overall industry growth. Jojoba oil is also used as a foam control agent, electrical insulator, transformer oil, plasticiser, facial, adhesive, and more due to its numerous features such as high viscosity index, additive compatibility, and miscibility in mineral oil base stocks. Besides that, in multiple elevated temperatures and pressure applications such as hydraulics, it plays a significant role as a lubricant. In addition, it also functions as an oil transformer, grading, and cutting oil.
The report presents a detailed analysis of the following key players in the global jojoba oil market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global Jojoba Oil Market Analysis
4.1 Global Jojoba Oil Market (2015-2019) & Forecast (2020-2025)
4.2 Global Jojoba Oil Market Breakup by Grade
4.2.1 Winterized Jojoba
4.2.2 Lite/Bleached Jojoba
4.3 Global Jojoba Oil Market Breakup by Grade: Historical Market (2015-2019) & Forecast (2020-2025)
4.3.1 Winterized Jojoba
4.3.2 Lite/Bleached Jojoba
4.4 Global Jojoba Oil Market Breakup by Application
4.5 Global Jojoba Oil Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
4.6 Global Jojoba Oil Market Breakup by Region
4.6.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
4.6.3 Asia Pacific
4.6.4 Latin America
4.6.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
4.7 Global Jojoba Oil Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
4.7.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
4.7.3 Asia Pacific
4.7.4 Latin America
4.7.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
5 SWOT Analysis
6 Porter’s Five Forces Analysis
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
7 Competitive Landscape & Supplier Analysis
7.1 Jojoba Desert (A.C.S) Ltd.
7.2 Eco Oil Argentina Sa
7.3 Purcell Jojoba International, LLC
7.5 The Jojoba Company
7.6 Inca Oil SA
7.7 W. Ulrich Gmbh
7.8 Earth Expo Company
8 Events and Developments
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