Global Jojoba Oil Market Size study & Forecast, by Type (Cold-pressed, Refined), by Application (Cosmetics & Personal Care, Pharmaceutical, Industrial, Others), by Sales Channel (B2B, B2C), and Regional Analysis, 2023-2030

Global Jojoba Oil Market Size study & Forecast, by Type (Cold-pressed, Refined), by Application (Cosmetics & Personal Care, Pharmaceutical, Industrial, Others), by Sales Channel (B2B, B2C), and Regional Analysis, 2023-2030

Global Jojoba Oil Market is valued at approximately USD 130.8 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2023-2030. Jojoba oil is a popular ingredient in the personal care and cosmetic industry due to its natural properties. There is a growing trend among consumers to prefer natural and organic products, which is expected to increase demand for jojoba oil in cosmetic products. However, manufacturers in the cosmetics and personal care industries find it challenging to use jojoba oil due to the high cost of raw materials.

Technological advancements have made a significant contribution to the overall demand for jojoba oil by improving its chemical and microbiological qualities. Jojoba oil has a long shelf life, does not oxidize or become rancid, and is resistant to high temperatures and pressure. These qualities make it a popular ingredient in skincare products, which drives the market demand. As per the data of Statista, in 2022, the average expenditure on personal care products per unit consumer unit stood at approximately 420 USD, in the U.S. This shows how increased income and demand for personal care drives the market. The variety of jojoba oil applications in personal care products is expanding rapidly, creating new opportunities for jojoba shrub oil market manufacturers. However, the market's growth limited by stringent quality standards for jojoba oil.

The key regions considered for the Global Jojoba Oil Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022, driven by growth in the cosmetics, personal care, and pharmaceutical industries. The U.S. jojoba oil industry is gaining importance due to the incorporation of high-performance ingredients such as tocopherols, triterpenoids, and omega 3, which accelerate cell growth and strengthen the body's anti-inflammatory and antiseptic properties. Asia Pacific is expected to see significant growth in the jojoba oil market due to increasing beauty-conscious consumers, particularly in countries such as South Korea, China, and India.

Major market players included in this report are:
OPW Ingredients GmbH

Purcell Jojoba International LLC.

Inca Oil SA

EcoOil Argentina SA

ConnOils LLC

Jojoba Naturals

Vantage Specialty Chemicals, Inc.

Hallstar

Nutrix International LLC

US Organic Group Corp


Recent Developments in the Market:
In January of 2023, Desert Essence, a prominent brand specializing in jojoba oil, joined forces with The Body Shop to introduce a fresh line of products made from jojoba oil. This collaboration is anticipated to aid both companies in extending their influence in the worldwide jojoba oil market.

Global Jojoba Oil Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Type, Application, Sales Channel, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Type:
Cold-pressed
Refined

By Application:
Cosmetics & Personal Care
Pharmaceutical
Industrial
Others

By Sales Channel:
B2B
B2C

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

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Purcell Jojoba International LLC.

Inca Oil SA

EcoOil Argentina SA

ConnOils LLC

Jojoba Naturals

Vantage Specialty Chemicals, Inc.

Hallstar

Nutrix International LLC

US Organic Group Corp

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