Global Crambe Abyssinica Seed Oil Market Size study, By Extraction Method, Mechanical Crushing, Cold Pressed, Others), By Nature (Organic, Conventional), By Price (High, Mid-Range, Low), By Application (Skincare, Haircare, Others), and Regional Forecasts 2022-2028
Global Crambe Abyssinica Seed Oil Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Crambe Abyssinica Seed Oil refers to specialty oil, extracted from the seeds of the Crambe abyssinica. This plant is largely found in Ethiopian region. Crambe Abyssinica is said to be reach in omega fatty acids & emollients that condition the skin. It also has anti-inflammatory properties and improves hair's manageability, shine, and moisture. The growing cosmetics and personal care industry and increasing spending on skin & hair care products as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – as of 2022, revenue of worldwide Revenue in the Personal Care segment is estimated at USD 238.5 billion and the revenue is projected to witness CAGR of 10.60% between 2022 and 2025, to reach to market volume of USD 322.70 billion by 2025. Furthermore, leading market players are coming up with strategic acquisitions to widen their product offerings and geographical footprints. For instance, in March 2022, Vantage Specialty Chemicals acquired Boca Raton, Florida, USA based JEEN International Corporation and BotanicalsPlus, Inc. Both the players specialized in manufacturing of wide range of naturally derived ingredients including active ingredients, natural oils, and bio-based ingredients among others. Also, growing demand for anti-aging products coupled with increasing penetration of online sales channels are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high extraction cost associated with crambe Abyssinica Seed Oil impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Crambe Abyssinica Seed Oil Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing demand for specialty oils and rising spending on cosmetics & personal care products in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of cosmetics industry and increasing penetration of online sales channels in the region, would create lucrative growth prospects for the global Crambe Abyssinica Seed Oil Market across the Asia Pacific region.
Major market players included in this report are:
Shanghai Freemen
Tate & Lyle
Phyto Life Sciences P. Ltd.
Carrubba INC
AVT Tea Services
Nature's Crops International
Hunan Sunfull Bio-tech Co., Ltd.
Henry Lamotte OILS GmbH
Vantage Specialty Chemicals
Clariant
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Extraction Method
Mechanical Crushing
Cold Pressed
Others
By Nature
Organic
Conventional
By Price
High
Mid-Range
Low
By Application
Skincare
Haircare
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Crambe Abyssinica Seed Oil Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Shanghai Freemen
Tate & Lyle
Phyto Life Sciences P. Ltd.
Carrubba INC
AVT Tea Services
Nature's Crops International
Hunan Sunfull Bio-tech Co., Ltd.
Henry Lamotte OILS GmbH
Vantage Specialty Chemicals
Clariant
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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