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Global Jojoba Oil Market: By Application: Cosmetics, Pharmaceuticals, Industrial, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Jojoba Oil Market Outlook
The global jojoba oil market stood at a volume of 19.5 KMT in 2022. The market is further expected to grow at a CAGR of 7.3% between 2023 and 2028 to reach 29.6 KMT by 2028.
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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 industry globally. It is also used as a carrier for medicinal formula, antibiotic stabilizer, and depressant appetite in pharmaceutical products.
Market Segmentation
Jojoba oil is extracted from jojoba seeds and is a source of vitamins like B, E, and C, and minerals like copper and zinc.
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The global jojoba oil market can be divided based on segments like application, distribution channel, and region.
On the basis of its application, the market can be broadly categorised into:
- Cosmetics
- Pharmaceuticals
- Industrial
- Others
Based on distribution channel, the industry can be classified into:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Market Analysis
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 industry growth in emerging economies such as China and India. Increasing awareness of natural and organic cosmetics and products for personal care will have a beneficial effect on consumer demand, thus, aiding the overall industry growth in the forecast period.
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.
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Competitive Landscape
The report gives a detailed analysis of the following key players in the global jojoba oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Ecooil
- Jojoba Desert (A.C.S) Ltd.
- Purcell Jojoba International, LLC
- The Jojoba Company
- Inca Oil SA
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Distribution Channel, Region |
| Breakup by Application | Cosmetics, Pharmaceuticals, Industrial, Others |
| Breakup by Distribution Channel | Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Ecooil, Jojoba Desert (A.C.S) Ltd., Purcell Jojoba International, LLC, The Jojoba Company, Inca Oil SA, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Jojoba Oil Market Analysis
8.1 Key Industry Highlights
8.2 Global Jojoba Oil Historical Market (2018-2022)
8.3 Global Jojoba Oil Market Forecast (2023-2028)
8.4 Global Jojoba Oil Market by Application
8.4.1 Cosmetics
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Pharmaceuticals
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Industrial
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Jojoba Oil Market by Distribution Channel
8.5.1 Supermarkets and Hypermarkets
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Convenience Stores
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Online Stores
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Jojoba Oil Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Manufacturing Process
13.1 Overview
13.2 Detailed Process Flow
13.3 Operations Involved
14 Loans and Financial Assistance
15 Project Details, Requirements and Costs Involved
15.1 Land Requirements and Expenditures
15.2 Construction Requirements and Expenditures
15.3 Plant Machinery
15.4 Machinery Pictures
15.5 Raw Material Requirements and Expenditures
15.6 Raw Material and Final Product Pictures
15.7 Packaging Requirements and Expenditures
15.8 Transportation Requirements and Expenditures
15.9 Utility Requirements and Expenditures
15.10 Manpower Requirements and Expenditures
15.11 Other Capital Investments
16 Project Economics
16.1 Capital Cost of the Project
16.2 Techno-Economic Parameters
16.3 Product Pricing and Margins Across Various Levels of the Supply Chain
16.4 Taxation and Depreciation
16.5 Income Projections
16.6 Expenditure Projections
16.7 Financial Analysis
16.8 Profit Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Company Profiles
17.3.1 Ecooil
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Demographic Reach and Achievements
17.3.1.4 Certifications
17.3.2 Jojoba Desert (A.C.S) Ltd.
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Demographic Reach and Achievements
17.3.2.4 Certifications
17.3.3 Purcell Jojoba International, LLC
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Demographic Reach and Achievements
17.3.3.4 Certifications
17.3.4 The Jojoba Company
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Demographic Reach and Achievements
17.3.4.4 Certifications
17.3.5 Inca Oil SA
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Demographic Reach and Achievements
17.3.5.4 Certifications
17.3.6 Others
18 Industry Events and Developments
List of Key Figures and Tables
1. Global Jojoba Oil Market: Key Industry Highlights, 2018 and 2028
2. Global Jojoba Oil Historical Market: Breakup by Application (Tons), 2018-2022
3. Global Jojoba Oil Market Forecast: Breakup by Application (Tons), 2023-2028
4. Global Jojoba Oil Historical Market: Breakup by Distribution Channel (Tons), 2018-2022
5. Global Jojoba Oil Market Forecast: Breakup by Distribution Channel (Tons), 2023-2028
6. Global Jojoba Oil Historical Market: Breakup by Region (Tons), 2018-2022
7. Global Jojoba Oil Market Forecast: Breakup by Region (Tons), 2023-2028
8. North America Jojoba Oil Historical Market: Breakup by Country (Tons), 2018-2022
9. North America Jojoba Oil Market Forecast: Breakup by Country (Tons), 2023-2028
10. Europe Jojoba Oil Historical Market: Breakup by Country (Tons), 2018-2022
11. Europe Jojoba Oil Market Forecast: Breakup by Country (Tons), 2023-2028
12. Asia Pacific Jojoba Oil Historical Market: Breakup by Country (Tons), 2018-2022
13. Asia Pacific Jojoba Oil Market Forecast: Breakup by Country (Tons), 2023-2028
14. Latin America Jojoba Oil Historical Market: Breakup by Country (Tons), 2018-2022
15. Latin America Jojoba Oil Market Forecast: Breakup by Country (Tons), 2023-2028
16. Middle East and Africa Jojoba Oil Historical Market: Breakup by Country (Tons), 2018-2022
17. Middle East and Africa Jojoba Oil Market Forecast: Breakup by Country (Tons), 2023-2028
18. Jojoba Oil Manufacturing Plant: Raw Material Requirements (in Tons/Day)
19. Jojoba Oil Manufacturing Plant: Costs Related to Land and Site Development (in USD)
20. Jojoba Oil Manufacturing Plant: Costs Related to Civil Works (in USD)
21. Jojoba Oil Manufacturing Plant: Machinery Costs (in USD)
22. Jojoba Oil Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (USD/Tons)
23. Jojoba Oil Manufacturing Plant: Costs Related to Utilities
24. Global Jojoba Oil Market Structure
Key Questions Answered in the Report
In 2022, the global jojoba oil market attained a volume of nearly 19.5 KMT.
The market is projected to grow at a CAGR of 7.3% during the forecast period of 2023-2028.
The market is estimated to grow in the forecast period of 2023-2028 to reach about 29.6 KMT by 2028.
The major drivers of the market include rising disposable incomes, growing health awareness, increasing focus on appearance and aesthetics, rising demand from the developing regions, increasing demand in cosmetics industry, utilisation as a lubricant and oil transformer, and growing retail sector.
The key trends guiding the growth of the jojoba oil market include the growing demand for natural products and launch of organic and cruelty free cosmetics range.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of the product in the market include cosmetics, pharmaceuticals, and industrial, among others.
The distribution channels for the product include supermarkets and hypermarkets, convenience stores, and online stores, among others.
The major players in the market are Ecooil, Jojoba Desert (A.C.S) Ltd., Purcell Jojoba International, LLC, The Jojoba Company, and Inca Oil SA, among others.
Analyst Review
The global jojoba oil market attained a volume of 19.5 KMT in 2022, driven by the growing awareness regarding the health benefits of the product and elevating disposable incomes. Aided by the growing inclination towards cosmetic products with organic and plant-based ingredients, the market is expected to witness a further growth in the forecast period of 2023-2028 at a CAGR of 7.3% to reach 29.6 KMT by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its application, the industry can be segmented into cosmetics, pharmaceuticals, and industrial, among others. On the basis of distribution channels, the industry is categorised into supermarkets and hypermarkets, convenience stores, and online stores, among others. The major regional markets for jojoba oil are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ecooil, Jojoba Desert (A.C.S) Ltd., Purcell Jojoba International, LLC, The Jojoba Company, and Inca Oil SA, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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