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Tamanu Oil Market

Global Tamanu Oil Market Size, Share, Demand, Forecast: By Nature: Organic, Conventional; By Type: Refined, Unrefined; By Distribution Channel: Direct, Indirect; By Application: Cosmetics and Personal Care, Pharmaceuticals, Animal Nutrition, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Tamanu Oil Market Size

The global tamanu oil market is being aided by the growth of the skin care market, which reached a value of about USD 169.66 billion in 2023. The skin care market is further expected to grow at a CAGR of 3.9% in the forecast period of 2024-2032 to reach a value of USD 239.86 billion by 2032.

 

Tamanu Oil Market Outlook

  • Tamanu oil has been used traditionally for centuries in the South Pacific and Madagascar to treat various skin problems. It has wound-healing and skin-regenerating capabilities and encourages the growth of new tissue.
  • Tamanu oil is traditionally extracted from the seeds of the Calophyllum inophyllum tree, which is native to Asia, Africa, and the Pacific islands.
  • As per industry reports, tamanu oil is rich in beneficial fatty acids like oleic acid (41.9%), linoleic acid (29.9%), palmitic acid (12.7%), and stearic acid (13.5%).

 

Global Tamanu Oil Market

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Tamanu Oil Market Growth

Tamanu oil refers to the oil extracted from the nuts of tamanu tree (Calophyllum inophyllum). The major components of this oil are oleic acid, palmitic acid, linoleic acid, and stearic acid. Among these, oleic acid and linoleic acid comprise 60% of the oil by volume. The essential fatty acids and minerals present in the oil make it fit for use in skin care treatment. Further, tamanu oil is utilised in various application sectors as it offers numerous benefits, including wound healing and relief from infections.

 

The growing consumer inclination towards natural, organic, and plant-based products has positively shaped the tamanu oil market outlook. This demand is expected to be higher in the developing regions owing to the increasing awareness and the rising access to the product through online platforms. Moreover, the growing R&D activities around tamanu oil and its potential applications are expected to have a positive effect on the expansion of the industry. The new product launches by the manufacturers will also aid the market growth in the coming years.

 

Key Trends and Developments

Rising popularity in skincare industry, surge in research and development activities, and integrated of the oil into hair care formulations are factors supporting tamanu oil market expansion

 

November 2023

KraveBeauty launched limited edition The Jumbo Great Barrier Relief and 100% Cold-Pressed Tamanu Oil, which promoted sustainability and ethical practices. The launch of limited edition products supported Indonesian female farmers.

 

February 2023

Mielle Organics launched its new Avocado & Tamanu Anti-Frizz System for textured hair, featuring a proprietary refrigerate-to-activate Cold Application Technology. This product helps seal the hair cuticle and provides nourishment to frizzy hair caused by damage, dryness, and humidity.

 

Rising popularity in skincare industry

Tamanu oil has gained significant traction in the skincare industry due to its healing properties and natural origin. Skincare brands like "Leven Rose" and "Aura Cacia" have introduced tamanu oil-based serums and creams that target specific skin concerns such as acne and ageing.

 

Increasing demand for certified and organic products

The tamanu oil market is witnessing a rise in demand for certified organic tamanu oil products, reflecting a broader trend towards natural ingredients in the skincare industry. Brands like "Pai Skincare" and "Dr. Hauschka" have incorporated tamanu oil into their organic product lines.

 

Incorporation in hair care products

Brands like "SheaMoisture" and "OGX" have launched tamanu oil-infused shampoos and conditioners, highlighting its moisturising and strengthening properties for hair. This trend signifies a diversification of tamanu oil applications beyond skincare.

 

Tamanu Oil Market Trends

The market is witnessing a surge in research and development activities aimed at formulating innovative products that maximise the benefits of this natural oil. Companies like "The Ordinary" and "Paula's Choice" are investing in advanced technologies and scientific studies to unlock the full potential of tamanu oil in skincare and hair care applications. This trend is driving product innovation, leading to the introduction of more effective tamanu oil-based products in the market.

 

Tamanu Oil Market by Application

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Tamanu Oil Industry Segmentation

The EMR’s report titled “Tamanu Oil Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Nature

  • Organic
  • Conventional

 

Market Breakup by Type

  • Refined
  • Unrefined

 

Market Breakup by Distribution Channel

  • Direct
  • Indirect

 

Market Breakup by Application

  • Cosmetics and Personal Care
  • Pharmaceuticals
  • Animal Nutrition
  • Others

 

Market Breakup by Region

  • North America
  • Europe 
  • Asia Pacific 
  • Latin America 
  • Middle East and Africa

 

Tamanu Oil Market Share

Organic tamanu oil segment is poised for robust growth in the coming years driven by the clean label trend

Organic tamanu oil is extracted from the seeds of tamanu trees grown without the use of synthetic pesticides, fertilisers or other chemicals. This segment is experiencing strong growth due to increasing consumer preference for natural and sustainable products. However, organic tamanu oil commands a premium price compared to conventional oil.

 

In contrast, conventional tamanu oil is produced from tamanu seeds grown using industrial farming practices and synthetic inputs. While more affordable, conventional tamanu oil lacks the natural and eco-friendly positioning of organic oil. However, conventional tamanu oil will continue to play an important role in industrial applications where cost is a key factor.

 

Cosmetics and personal care segment will continue to dominate the market due to rising incorporation of the oil in skincare products

Based on application, the increasing adoption of tamanu oil in the cosmetic and personal care industry has driven the tamanu oil market growth. The growing awareness regarding the antioxidant, antibacterial, and anti-inflammatory properties of the product and its ability to promote the formation of new tissues and rejuvenate skin cells are accelerating the demand for tamanu oil. Meanwhile, several studies have revealed that tamanu oil is suitable for topical use in infected wounds, promotes the process of wound healing, and aids in skin diseases such as acne and rashes. This is projected to create enhanced growth opportunities for the product in the pharmaceutical sector.

 

As per tamanu oil market analysis, another emerging application is in animal nutrition, where refined tamanu oil is used as a dietary supplement to support skin, hair and nail health in pets and livestock. Rich in beneficial fatty acids, tamanu oil helps hydrate skin cells. While currently a smaller market compared to cosmetics, the animal nutrition segment is poised for robust growth in the coming years.

 

Leading Manufacturers in the Tamanu Oil Market

Market players are focused on expanding their geographic reach through online stores and leveraging e-commerce platforms to reach a broader consumer base

 

US Organic Group Corp. is a company that specialises in manufacturing organic personal care products. Founded in 2012 and headquartered in New Jersey, United States, the company offers a range of organic repellents, body oils, and baby oils.

 

NOW Health Group, Inc. has been operating since 1968. Headquartered in Illinois, United States, the company provides a diverse range of products across various categories, including supplements, personal care, aromatherapy, sports nutrition, healthy foods, and pet health products.

 

Mountain Rose Herbs was founded in 1987 and is headquartered in Oregon, United States. The company supplies organic herbs, spices, and botanical products to various industries, including food and beverage, cosmetics, and pharmaceuticals.

 

Henry Lamotte Oils GmbH was founded in 1925 and is headquartered in Bremen, Germany. The company is produces and trades oils, including essential oils and fatty oils. The company was listed as an exhibitor at the BIOFACH 2023 trade fair, indicating its presence in the organic products industry.

 

Tamanu Oil Market by Region

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Tamanu Oil Market Analysis by Region

Asia Pacific leads the market due to region’s booming beauty and wellness industries

Asia Pacific is expected to hold a sizable tamanu oil market share due to the traditional uses of tamanu oil in countries like Indonesia, Vietnam, and the Pacific Islands. Additionally, the region's booming beauty and wellness industries, particularly in countries like South Korea and Japan, are driving the demand for tamanu oil in cosmetic and skincare applications. The region's growing demand for traditional remedies are all expected to contribute to the growth of the market in the Asia Pacific.

 

North America also has a significant tamanu oil market as the region is witnessing increased utilisation of tamanu oil in various end use sectors, particularly cosmetics. The growing health awareness, high consumer disposable incomes, and the rising demand for natural products are aiding the growth of the industry in the region.

 

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:

  • Nature
  • Type
  • Distribution Channel
  • Application
  • Region
Breakup by Nature
  • Organic
  • Conventional
Breakup by Type
  • Refined
  • Unrefined
Breakup by Distribution Channel
  • Direct
  • Indirect
Breakup by Application
  • Cosmetics and Personal Care
  • Pharmaceuticals
  • Animal Nutrition
  • 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
  • US Organic Group Corp.
  • NOW Health Group, Inc.
  • Mountain Rose Herbs
  • Henry Lamotte Oils GmbH
  • 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.

 

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Tamanu Oil Market Report Snapshots

Tamanu Oil Market Size

Tamanu Oil Market Growth

Tamanu Oil Market Trends

Tamanu Oil Market Share

Tamanu Oil Manufacturers

Tamanu Oil Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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 Tamanu Oil Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Tamanu Oil Historical Market (2018-2023) 
    8.3    Global Tamanu Oil Market Forecast (2024-2032)
    8.4    Global Tamanu Oil Market by Nature
        8.4.1    Organic 
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Conventional 
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Tamanu Oil Market by Type
        8.5.1    Refined 
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Unrefined
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Tamanu Oil Market by Distribution Channel
        8.6.1    Direct
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Indirect
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Tamanu Oil Market by Application
        8.7.1    Cosmetics and Personal Care
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Pharmaceuticals
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Animal Nutrition
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Others 
    8.8    Global Tamanu Oil Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Tamanu 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 Tamanu  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 Tamanu 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 Tamanu 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 Tamanu 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

    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    US Organic Group Corp.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    NOW Health Group, Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Mountain Rose Herbs
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Henry Lamotte Oils GmbH
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Key Figures and Tables

1.    Global Tamanu Oil Market: Key Industry Highlights, 2018 and 2032
2.    Global Tamanu Oil Historical Market: Breakup by Nature (USD Million), 2018-2023
3.    Global Tamanu Oil Market Forecast: Breakup by Nature (USD Million), 2024-2032
4.    Global Tamanu Oil Historical Market: Breakup by Type (USD Million), 2018-2023
5.    Global Tamanu Oil Market Forecast: Breakup by Type (USD Million), 2024-2032
6.    Global Tamanu Oil Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7.    Global Tamanu Oil Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8.    Global Tamanu Oil Historical Market: Breakup by Application (USD Million), 2018-2023
9.    Global Tamanu Oil Market Forecast: Breakup by Application (USD Million), 2024-2032
10.    Global Tamanu Oil Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Tamanu Oil Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Tamanu Oil Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Tamanu Oil Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Tamanu Oil Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Tamanu Oil Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Tamanu Oil Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Tamanu Oil Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Tamanu Oil Historical Market: Breakup by Country (USD Million), 2018-2023.
19.    Latin America Tamanu Oil Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Tamanu Oil Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Tamanu Oil Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    North America Historical Price Trends and Forecast 2018-2032
23.    Europe Historical Price Trends and Forecast 2018-2032
24.    Asia Pacific Historical Price Trends and Forecast 2018-2032
25.    Latin America Historical Price Trends and Forecast 2018-2032
26.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
27.    Global Tamanu Oil Market Structure

Key Questions Answered in the Report

In 2023, the tamanu oil market is being aided by the growth of the skin care market, which reached a value of about USD 169.66 billion in 2023.

The skin care market is expected to grow at a CAGR of 3.9% between 2024 and 2032.

The skin care market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 239.86 billion by 2032. This will further propel the growth of tamanu oil market in the forecast period.

Factors such as rising disposable incomes, growing demand for natural and organic products, growing per capita expenditure on personal care and cosmetic products, and thriving retail sector, are expected to aid the market growth.

Key trends aiding tamanu oil market development include the launch of new products, rising popularity in skincare industry, integration of the oil into hair care formulations, and expanding research and development activities related to tamanu oil.

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The significant types of tamanu oil in the industry are refined and unrefined.

The major applications of tamanu oil are cosmetics and personal care, pharmaceuticals, and animal nutrition, among others.

The leading distribution channels in the market are direct and indirect.

Key players in the market are US Organic Group Corp., NOW Health Group, Inc., Mountain Rose Herbs, and Henry Lamotte Oils GmbH, among others.

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