North America Carrier Oil Market 2023

North America Carrier Oil Market 2023

Description
Carrier oils are typically sourced from the fatty parts of plants, such as seeds, kernels, or nuts. Examples of carrier oils include coconut oil, olive oil, sesame oil, jojoba oil, sweet almond oil, apricot kernel oil, hemp oil, sunflower oil, avocado oil, hazelnut oil, and flaxseed oil. Carrier oils play a significant role in the cosmetics and personal care industry. They are used in various skincare products, such as lotions, creams, and serums, to provide moisturization and nourishment to the skin. Carrier oils are also used in hair care products, massage oils, bath oils, and soaps. Their properties, such as absorption, moisturizing capabilities, and compatibility with essential oils, make them valuable ingredients in these products.

The carrier oil market in North America is anticipated to increase by USD 310.5 million till 2029 at an average annual growth of 8.36 percent as per the latest market estimates.

The report covers market size and growth, segmentation, country breakdowns, competitive landscape, trends and strategies for carrier oil market in North America. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Market Segmentation
Type: coconut oil, jojoba oil, sweet almond oil, olive oil, grapeseed oil, others
Category: conventional, organic
Application: food production, personal care, aromatherapy and cosmetics, others
Country: USA, Canada, Mexico

This industry report offers market estimates and forecasts of the North America market, followed by a detailed analysis of the type, category, application, and country. The North America market for carrier oil can be segmented by type: coconut oil, jojoba oil, sweet almond oil, olive oil, grapeseed oil, others. The coconut oil segment captured the largest share of the market in 2022. Carrier oil market is further segmented by category: conventional, organic. The conventional segment held the largest share of the North America carrier oil market in 2022 and is anticipated to hold its share during the forecast period. Based on application, the carrier oil market is segmented into: food production, personal care, aromatherapy and cosmetics, others. In 2022, the aromatherapy and cosmetics segment made up the largest share of revenue generated by the carrier oil market. On the basis of country, the carrier oil market also can be divided into: USA, Canada, Mexico. Among these, USA was accounted for the highest revenue generator in 2022.

Major Companies and Competitive Landscape
The report also provides a detailed analysis of several leading carrier oil market vendors that include Edens Garden Inc., La Lune Naturals, NOW Health Group, Inc., Plant Therapy Essential Oils, US Organic Group Corp., Viva Products Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report
To analyze and forecast the market size of the carrier oil market in North America.
To classify and forecast the carrier oil market in North America based on type, category, application, country.
To identify drivers and challenges for the carrier oil market in North America.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the carrier oil market in North America.
To identify and analyze the profile of leading players operating in the carrier oil market in North America.

Why Choose This Report
Gain a reliable outlook of the carrier oil market in North America forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.