Global Sea Buckthorn Market Size, Share & Trends Analysis Report By Form (Juice, Powder, Oil, and Others), By Application (Pharmaceutical, Dietary Supplement, Food & Beverages, Cosmetics & Personal Care, and Others) By Regional Outlook and Forecast, 2024

Global Sea Buckthorn Market Size, Share & Trends Analysis Report By Form (Juice, Powder, Oil, and Others), By Application (Pharmaceutical, Dietary Supplement, Food & Beverages, Cosmetics & Personal Care, and Others) By Regional Outlook and Forecast, 2024 - 2031

The Global Sea Buckthorn Market size is expected to reach $640.2 million by 2031, rising at a market growth of 9.9% CAGR during the forecast period. In the year 2023, the market attained a volume of 5,006.5 Tonnes, experiencing a growth of 15.7% (2020-2023).

Sea buckthorn is known for its wound-healing and tissue-regenerating properties, making it valuable for pharmaceutical applications. Therefore, the pharmaceutical segment will capture 32.5% revenue share in the market by 2031. It promotes skin repair, accelerates wound healing, and reduces inflammation, making it beneficial for treating burns, cuts, abrasions, and other skin injuries. Moreover, total consumption of Sea Buckthorn in China was 708.7 Tonnes in 2023.

Consumers are becoming increasingly health-conscious and seeking products that align with their wellness goals. Natural ingredients like sea buckthorn are perceived as healthier alternatives to synthetic additives, as they contain beneficial nutrients and bioactive compounds that can support overall health and well-being. There is a growing preference for clean-label products that contain simple, recognizable ingredients.

Additionally, these berries contain essential nutrients, including vitamins, minerals (such as potassium, calcium, and magnesium), antioxidants (such as flavonoids and carotenoids), and omega-3 fatty acids. These nutrients offer various benefits, including immune support, cardiovascular, and skin health. In conclusion, rising awareness of its health benefits is promoting the market’s growth.

However, due to the shrub’s thorny branches and small, delicate berries, harvesting these berries is labor-intensive and time-consuming. Manual harvesting is often required, increasing labor costs, and possibly challenging to scale up for large-scale production. This thrives in specific environmental conditions, including cold, arid climates and well-drained sandy or gravelly soils. Hence, the high production costs of these are impeding the market’s growth.

By Form Analysis

Based on form, the market is divided into juice, oil, powder, and others. In 2023, the oil segment attained 22.6% revenue share in the market. Due to its well-known ability to rejuvenate skin, sea buckthorn oil is frequently used in skin care products like oils, serums, and moisturizers. Consumers increasingly seek natural and organic skincare solutions, driving demand for this oil as a premium ingredient in beauty products. Moreover, in terms of volume, the demand of oil was 349.7 Tonnes in the market in 2023.

By Application Analysis

On the basis of application, the market is segmented into dietary supplement, pharmaceutical, cosmetics & personal care, food & beverages, and others. In 2023, the dietary supplement segment attained 26.6% revenue share in the market. Supplements containing these are marketed as holistic wellness items because they provide a multitude of health advantages for various parts of the body. Moreover, in terms of volume, the demand of dietary supplement reached 1,391.0 Tonnes in the market in 2023.

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region witnessed 39.6% revenue share in the market in 2023. Sea buckthorn has a long history of traditional medicinal use in various Asian countries, where it is valued for its therapeutic properties. Moreover, in terms of volume, the Asia Pacific consumed 1,989.1 Tonnes Sea buckthorn in 2022.

List of Key Companies Profiled

• SeabuckWonders
• W.S. Badger Company, Inc.
• STADA Arzneimittel AG
• Erbology Ltd
• SIBU Sea Berry Therapy
• Weleda AG
• Natura Health Products
• TEREZIA COMPANY s.r.o.
• HiPP GmbH & Co. Vertrieb KG
• Organic India Pvt. Ltd.

Global Sea Buckthorn Market Report Segmentation

By Form (Volume, Tonnes, USD Million, 2020-2031)

• Juice
• Powder
• Oil
• Others

By Application (Volume, Tonnes, USD Million, 2020-2031)

• Pharmaceutical
• Dietary Supplement
• Food & Beverages
• Cosmetics & Personal Care
• Others

By Geography (Volume, Tonnes, USD Million, 2020-2031)

• 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
• Australia
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA