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Jojoba Oil Market

Global Jojoba Oil Market Demand, Analysis, Forecast, Report: By Application: Cosmetics, Pharmaceuticals, Industrial, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Jojoba Oil Market Outlook

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.

 

Jojoba Oil Market

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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.

 

Jojoba Oil Market by Segments

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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.

 

Jojoba Oil Market by Region

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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.

 

Key Highlights of the Report

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:

  • 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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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    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

Key Questions Answered in the Report

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.

Analyst Review

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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