Global Apple Seed Oil Market Size, Share & Trends Analysis Report By Distribution Channel, By End User (Food & Beverage, Healthcare, Cosmetic, and Skin & Hair Care), By Nature, By Regional Outlook and Forecast, 2023 - 2030

Global Apple Seed Oil Market Size, Share & Trends Analysis Report By Distribution Channel, By End User (Food & Beverage, Healthcare, Cosmetic, and Skin & Hair Care), By Nature, By Regional Outlook and Forecast, 2023 - 2030

The Global Apple Seed Oil Market size is expected to reach $5.8 billion by 2030, rising at a market growth of 5.0% CAGR during the forecast period. In the year 2022, the market attained a volume of 91,934.27 tonnes, experiencing a growth of 4.6% (2019-2022).

Consumers are increasingly seeking products with natural ingredients as they perceive them to be safer, healthier, and more environmentally friendly than synthetic alternatives. Consequently, the organic segment would generate approximately 18.49 % share of the market by 2030. Also, US would utilize 4,300.16 kilo tonnes in healthcare by 2030. Also Moreover, with growing awareness of the potential health risks associated with synthetic chemicals and artificial additives, consumers are actively seeking products that contain natural ingredients.

Apple seed oil contains essential nutrients such as vitamins (A, C, E), minerals (calcium, potassium, magnesium), antioxidants, and polyphenols. These compounds contribute to various health benefits, including antioxidant protection, immune support, and overall well-being. Hence, rising awareness of health benefits is propelling the market's growth.

Additionally, The cosmetics and personal care industry is experiencing sustained growth driven by rising consumer demand for beauty and grooming products. Consumers across demographics and geographies increasingly invest in skincare, haircare, and cosmetic products to enhance their appearance and maintain personal hygiene. Thus, the expansion of the global cosmetics and personal goods industry is driving the market's growth.

However, Expanding distribution channels enables the selling of apple seed oil products through various retail channels, including supermarkets, pharmacies, specialty stores, health food stores, online retailers, and direct-to-consumer platforms. Thus, expansion of the distribution channels is driving the growth of the market.

By Distribution Channel Analysis

Based on distribution channel, the market is divided into hypermarkets & supermarkets, specialty stores, online, business to business, and others. In 2022, the business-to-business segment garnered a 41.60 % revenue share in the market. In terms of volume, online segment would register 5,683.62 kilo tonnes in 2022. Businesses, such as cosmetic manufacturers, food processors, and pharmaceutical companies, often require apple seed oil in large quantities for their production processes. Also, B2B suppliers typically adhere to stringent quality standards and certifications to meet the regulatory requirements of their industrial customers.

By End User Analysis

Based on end user, the market is divided into food & beverage, cosmetic, skin & hair care, and healthcare. In 2022, the skin & haircare segment procured a 7.48 % revenue share in the market. Apple seed oil is versatile and can be incorporated into various skincare and haircare formulations, including creams, lotions, serums, shampoos, conditioners, and hair masks. Similarly, the expansion of the skin and haircare industry helps innovate the apple seed oil market.

By Nature Analysis

On the basis of nature, the market is segmented into organic and conventional. The conventional segment recorded an 83.43 % revenue share in the market in 2022. Conventional apple seed oil, produced using traditional methods and without organic certification, is more widely available and familiar to consumers. This familiarity drives demand among consumers who prioritize convenience and accessibility. Also, conventional apple seed oil has a low cost. As a result, it is more affordable for consumers, appealing to price-conscious shoppers and budget-sensitive markets.

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region witnessed a 25.57 % revenue share in the market in 2022. Botanical extracts and natural treatments for skincare and haircare have long been used in many Asia Pacific nations. Apple seed oil is in high demand because of the region's growing urbanization, increased changing lifestyles, and disposable incomes, which have led to a rise in consumer purchasing of personal care goods.

List of Key Companies Profiled

• Akoma International UK Limited
• Organic Pure Oil
• Cocojojo LLC
• Cyrus Enterprises
• Herboil Chem
• AU Natural Organics
• The Kerfoot Group Limited (Avril Group)
• Croda International PLC
• Suyash Ayurveda
• Morre-Tec Industries Inc

Global Apple Seed Oil Market Report Segmentation

By Distribution Channel (Volume, Tonnes, USD Billion, 2019-2030)

• Business to Business
• Specialty Stores
• Online
• Hypermarkets & Supermarkets
• Others

By End User (Volume, Tonnes, USD Billion, 2019-2030)

• Food & Beverage
• Healthcare
• Cosmetic
• Skin & Hair Care

By Nature (Volume, Tonnes, USD Billion, 2019-2030)

• Conventional
• Organic

By Geography (Volume, Tonnes, USD Billion, 2019-2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA