Global Jojoba Oil Derivatives Market

Jojoba Oil Derivatives Market Insights

The jojoba oil derivatives market is expected to grow at a high CAGR% between the forecast period. It is a natural oil and wax extracted from the seeds of a jojoba plant which is then used in medicine and cosmetics. Jojoba oil nourishes the lip, hydrates the dry skin, cures sunburn, and is good for boosting the skin glow. With its anti-bacterial properties, it is found in skin-care and hair care products. The rising trends towards natural skin and hair care products, the stronghold of the market in the USA, Mexico, and the UK, will augment the demand for the oil in the market.  The market for jojoba oil will experience ever-increasing demand and growth due to its application in cosmetic, pharmaceutical, and fine chemistry. From the economic point of view, the establishment of biorefinery might also maximize the value of the oil.

Jojoba Oil Derivatives Market: By Product

Based on the product, the market is branched into jojoba butter, alcohol, ester, and butter among others. The jojoba butter segment would lead the market to a high growth path. The jojoba butter is recommended as hair conditioners and also as suntan lotions. The butter also comprises of protein minerals, natural tocopherol, and fatty acids. The many uses of butter include creams, lotions, and soaps. The benefit of using jojoba butter is that it helps to curb wrinkles and heal dry skin. The jojoba esters segment is also expected to enhance the performance of the market. Esters are generally used with other skin agents like glycerin for better results. Their skin healing properties find application in the cosmetics industry which has the largest consumption of jojoba oil in the market.

Jojoba Oil Derivatives Market: By Application

Given the application, the market is segmented into food & beverage, pharmaceuticals, industrial, personal care & cosmetics, and others. The personal care & cosmetics segment will be the largest contributive segment in this market. Jojoba oil finds heavy uses in hair care and skin care products, this vertical will occupy a major market chunk. As the natural products market is growing in Europe, Asia-Pacific owing to stringent regulations and rules, this would also positively impact the jojoba oil market.  The food and beverage industry will also lead the market to a high growth path.

Jojoba Oil Derivatives Market: By Region

Based on the region, the market is branched into Asia-Pacific, Europe, North America,  the Middle East and Africa, and CSA. Europe represents abundant opportunities for the jojoba oil market. The natural and organic skincare products industry dominates the region and also the presence of a large number of manufacturers in the region will put Europe at the forefront of this market.

Jojoba Oil Derivatives Market Share and Competitive Analysis

Some of the key players operating in the market include AG Industries, Bulk Apothecary, TMC Industries Inc, Barite world, Au Natural Organics Company, Alfa Chemical Corp., Health & Beauty Natural Oils Co., Inc, Arista Industries, Desert King International, Clia Naturals, Herbal Energy, MPN Royal Exports, and Yash Exports among others.

Please note: This is not an exhaustive list of companies profiled in the report.

Check the Press Release on Global Jojoba Oil Derivatives Market Report