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The global jojoba oil market stood at a volume of 20.92 KMT in 2023. The market is further expected to grow at a CAGR of 7.2% between 2024 and 2032 to reach 39.24 KMT by 2032.
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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.
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:
Based on distribution channel, the industry can be classified into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, 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 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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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:
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 | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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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 Opportunities and Challenges in the Market
8 Global Jojoba Oil Market Analysis
8.1 Key Industry Highlights
8.2 Global Jojoba Oil Historical Market (2018-2023)
8.3 Global Jojoba Oil Market Forecast (2024-2032)
8.4 Global Jojoba Oil Market by Application
8.4.1 Cosmetics
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Pharmaceuticals
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Industrial
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Jojoba Oil Market by Distribution Channel
8.5.1 Supermarkets and Hypermarkets
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Convenience Stores
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Online Stores
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Jojoba Oil Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Jojoba Oil Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Jojoba Oil Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Jojoba Oil Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Jojoba Oil Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Jojoba Oil Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operations Involved
18 Loans and Financial Assistance
19 Project Details, Requirements and Costs Involved
19.1 Land Requirements and Expenditures
19.2 Construction Requirements and Expenditures
19.3 Plant Machinery
19.4 Machinery Pictures
19.5 Raw Material Requirements and Expenditures
19.6 Raw Material and Final Product Pictures
19.7 Packaging Requirements and Expenditures
19.8 Transportation Requirements and Expenditures
19.9 Utility Requirements and Expenditures
19.10 Manpower Requirements and Expenditures
19.11 Other Capital Investments
20 Project Economics
20.1 Capital Cost of the Project
20.2 Techno-Economic Parameters
20.3 Product Pricing and Margins Across Various Levels of the Supply Chain
20.4 Taxation and Depreciation
20.5 Income Projections
20.6 Expenditure Projections
20.7 Financial Analysis
20.8 Profit Analysis
21 Competitive Landscape
21.1 Market Structure
21.2 Company Profiles
21.2.1 Ecooil
21.2.1.1 Company Overview
21.2.1.2 Product Portfolio
21.2.1.3 Demographic Reach and Achievements
21.2.1.4 Certifications
21.2.2 Jojoba Desert (A.C.S) Ltd.
21.2.2.1 Company Overview
21.2.2.2 Product Portfolio
21.2.2.3 Demographic Reach and Achievements
21.2.2.4 Certifications
21.2.3 Purcell Jojoba International, LLC
21.2.3.1 Company Overview
21.2.3.2 Product Portfolio
21.2.3.3 Demographic Reach and Achievements
21.2.3.4 Certifications
21.2.4 The Jojoba Company
21.2.4.1 Company Overview
21.2.4.2 Product Portfolio
21.2.4.3 Demographic Reach and Achievements
21.2.4.4 Certifications
21.2.5 Inca Oil SA
21.2.5.1 Company Overview
21.2.5.2 Product Portfolio
21.2.5.3 Demographic Reach and Achievements
21.2.5.4 Certifications
21.2.6 Others
22 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Jojoba Oil Market: Key Industry Highlights, 2018 and 2032
2. Global Jojoba Oil Historical Market: Breakup by Application (Tons), 2018-2023
3. Global Jojoba Oil Market Forecast: Breakup by Application (Tons), 2024-2032
4. Global Jojoba Oil Historical Market: Breakup by Distribution Channel (Tons), 2018-2023
5. Global Jojoba Oil Market Forecast: Breakup by Distribution Channel (Tons), 2024-2032
6. Global Jojoba Oil Historical Market: Breakup by Region (Tons), 2018-2023
7. Global Jojoba Oil Market Forecast: Breakup by Region (Tons), 2024-2032
8. North America Jojoba Oil Historical Market: Breakup by Country (Tons), 2018-2023
9. North America Jojoba Oil Market Forecast: Breakup by Country (Tons), 2024-2032
10. Europe Jojoba Oil Historical Market: Breakup by Country (Tons), 2018-2023
11. Europe Jojoba Oil Market Forecast: Breakup by Country (Tons), 2024-2032
12. Asia Pacific Jojoba Oil Historical Market: Breakup by Country (Tons), 2018-2023
13. Asia Pacific Jojoba Oil Market Forecast: Breakup by Country (Tons), 2024-2032
14. Latin America Jojoba Oil Historical Market: Breakup by Country (Tons), 2018-2023
15. Latin America Jojoba Oil Market Forecast: Breakup by Country (Tons), 2024-2032
16. Middle East and Africa Jojoba Oil Historical Market: Breakup by Country (Tons), 2018-2023
17. Middle East and Africa Jojoba Oil Market Forecast: Breakup by Country (Tons), 2024-2032
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
In 2023, the global jojoba oil market attained a volume of nearly 20.92 KMT.
The market is projected to grow at a CAGR of 7.2% during the forecast period of 2024-2032.
The market is estimated to grow in the forecast period of 2024-2032 to reach about 39.24 KMT by 2032.
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.
The global jojoba oil market attained a volume of 20.92 KMT in 2023, 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 2024-2032 at a CAGR of 7.2% to reach 39.24 KMT by 2032.
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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