Press release
Global Jojoba Oil Market size was valued at US$ 151.1 million in 2021, and it is expected to reach a value of US$ 275.1 million by 2028, at a CAGR of 7.95% over the forecast period (2022 - 2028) | Increasing wide application of jojoba oil is a key driving
Over 39.0 % of the volume share in 2021 was in North America. North America is one of the main jojoba oil producers and consumers. Rising demand is anticipated to further fuel product demand from the cosmetics, personal care, and pharmaceutical industries over the forecast period. This region is home to some of the biggest cosmetics markets, including those in the US, Canada, and Mexico. Mexico is one of the world's top producers of jojoba oil due to the plentiful supply of raw materials. Climate-friendly conditions have been shown to benefit the nation's production. This has ensured that raw materials are always available to market participants. The largest recipients of the oil generated are the pharmaceutical and cosmetics businesses, followed by the personal care and cosmetics sectors.
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It's also an ingredient in sunscreens and anti-tanners because of its soothing and anti-inflammatory properties. It is frequently used as a base in many fragrant cosmetics because of its natural aroma. Its antioxidant properties help to make the skin more supple and reduce wrinkles, which gives the skin a youthful glow and slows the aging process. As consumer knowledge of the negative effects of chemicals used in cosmetics has grown, many businesses have been pushed to move to natural and organic sources. Major companies including L'Oréal S.A., Estée Lauder Companies, Murad LLC, and Deborah Group S.r.l. place a high priority on the usage of natural ingredients in cosmetics and personal care products. While creating various types of cosmetics, is expected to increase product consumption. Jojoba oil, however, is widely sought after in the cosmetics industry due to its high stability and sebum-like properties.
Read the market research report, "The Global Jojoba oil market can be divided based on segments like Type, Sales channel, application, and region. Based on Type the market is further sub-segmented into Cold Pressed, Refined. Based on Application the market is further sub-segmented into Cosmetics & Personal Care, Pharmaceutical, and Industrial. Based on Sales Channel the market is further sub-segmented into B2B, B2C, & By Region - Forecast and Analysis 2022-2028" by SkyQuest
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In 2021, B2B sales channels, which accounted for 64.5 % of volume, emerged as a prominent distribution channel. B2B marketing in the market helps participants to establish connections with oil businesses and take benefit from the latter's products and services when it comes to sales. Lead generation can be exceedingly tough because of the time and effort needed to find leads. Use of lead lists from trustworthy third-party sources is therefore encouraged. As online sales of jojoba oil reach record highs, B2B vendors increasingly need to build an online sales strategy. B2C sales channels include retail, online, and private label manufacturing, for instance. The product's growing popularity as a carrier for other essential oils has spurred sales through online portals. An increase in direct purchases made through brick-and-mortar businesses and online sales is being driven by increased consumer awareness, particularly among working-class women, about beauty and skin health.
The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
What does this Report Deliver?
Market Estimation for 20+ Countries
Global Jojoba oil market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional, and Country-specific Jojoba oil market Trends
Comprehensive Mapping of Jojoba oil market Parameters
Attractive Investment Proposition in the Global Jojoba oil market
Competitive Strategies Adopted by Global Jojoba oil market Key Players
Drivers, Restraints, Opportunities, Challenges, and the impact on the Global Jojoba oil market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and Global Jojoba oil market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities, and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Global Jojoba oil market Sales
Parent market analysis
Product portfolio benchmarking
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SkyQuest has segmented the Global Jojoba oil market based on Product Type, Application, Sales Channel, and Region:
Global Jojoba oil market by Type Outlook (Revenue, US$ million, 2021 - 2028)
Cold Pressed
Refined
Global Jojoba oil market by Application Outlook (Revenue, US$ million, 2021 - 2028)
Cosmetics & Personal Care
Pharmaceutical
Industrial
Others
Global Jojoba oil market by Sales Channel Outlook (Revenue, US$ million, 2021 - 2028)
B2B
B2C
Global Jojoba oil market by Regional Outlook (Revenue, US$ million, 2021 - 2028)
North America
THE US
Canada
Mexico
Europe
Germany
The UK
France
The Asia Pacific
China
Japan
India
South America
Brazil
The Middle East and Africa
Key Players in the Global Jojoba oil market
Desert Whale Jojoba Company (US)
Eco oil (Argentina)
Purcell Jojoba (US)
Egyptian Natural Oil Co. (Egypt)
The Jojoba Company Australia Inc. (Australia)
Inca Oil SA (Germany)
W. Ulrich GMBH (Germany)
Earth Expo Company (India)
SivkinDotik (Slovenia)
EL Baraka For Natural Oils (Egypt)
L'Oréal S.A (France)
Estée Lauder Companies (US)
Murad LLC (US)
About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
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You can edit or delete your press release Global Jojoba Oil Market size was valued at US$ 151.1 million in 2021, and it is expected to reach a value of US$ 275.1 million by 2028, at a CAGR of 7.95% over the forecast period (2022 - 2028) | Increasing wide application of jojoba oil is a key driving here
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