Global Jojoba Oil Derivatives Market, By Product (Jojoba Butter, Jojoba Alcohol, Jojoba Esters, Jojoba Proteins, Jojoba Wax, Others), Application (Personal Care & Cosmetics, Food & Beverage, Industrial, Pharmaceutical, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Jojoba Oil Derivatives Market
The jojoba oil derivatives market is expected to witness market growth at a rate of 7.50% in the forecast period of 2021 to 2028, and is estimated to reach the value of USD 55.59 million by 2028. Data Bridge Market Research report on jojoba oil derivatives market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of jojoba oil derivatives market.
Jojoba oil refers to a liquid wax that is composed of acids and contains no glycerides, making it unique vegetable oil. The jojoba oil is considered as an ideal healthy substitute to other vegetable oil such as corn, olive, peanut, soybean and castor owning to its high nutrient properties. Jojoba oil’s sulfurized or sulfurhalogenated derivatives tend to have high lubricity and a long performance life.
The expansion of business of the cosmetics industry across the globe acts as one of the major factors driving the growth of jojoba oil derivatives market. The rise in the use of jojoba oil derivatives, especially esters and wax, in skincare and hair care products, and increase in awareness regarding the benefits of jojoba oil derivatives, such as treating dry scalp, stimulating hair growth, healing sunburns, stimulating hair growth, and eczema, accelerate the market growth. The increase in preference for plant-sourced and renewable alternatives towards paraffin waxes, petrolatum, and mineral oils, and high demand for reducing premature aging signs and stretch marks further influence the market. Additionally, increasing expenditure of parents on personal hygiene products for infants and children, rapid urbanization, and favorable regulatory scenario positively affect the jojoba oil derivatives market. Furthermore, increase in demand for biodegradable, edible and economical oil extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, concerns regarding side effects such as rash and allergic reactions are expected to obstruct the market growth. The decline in the demand for active ingredients and raw materials is projected to challenge the jojoba oil derivatives market in the forecast period of 2021 to 2028.
This jojoba oil derivatives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on jojoba oil derivatives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Jojoba Oil Derivatives Market Scope and Market Size
The jojoba oil derivatives market is segmented on the basis of product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the jojoba oil derivatives market is segmented into jojoba butter, jojoba alcohol, jojoba esters, jojoba proteins, jojoba wax and others.
- On the basis of application, the jojoba oil derivatives market is segmented into personal care & cosmetics, food & beverage, industrial, pharmaceutical and others.
Jojoba Oil Derivatives Market Country Level Analysis
The jojoba oil derivatives market is analyzed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the jojoba oil derivatives market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the jojoba oil derivatives market due to the constant research and development activities among the manufacturers within the region. Europe is expected to be the fastest growing market during the forecast period of 2021 to 2028 because of the developed personal care and cosmetics, pharmaceuticals, and food and beverage industries in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Jojoba Oil Derivatives Market Share Analysis
The jojoba oil derivatives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to jojoba oil derivatives market.
The major players covered in the jojoba oil derivatives market report are PRIMAVERA LIFE GMBH, Jurlique, SkinFood., EC21 Inc., U.S. International Trading Corporation, Eve Taylor, KENDO HOLDINGS INC, Roonka., JE International Corporation, Purcell Jojoba, Ecooil, W. ULRICH GmbH, Dun & Bradstreet, Inc, Innocosma Organics LLC, and Creative Nail Design, Inc, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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