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Jojoba Oil Market In-Depth Analysis of Current Research, Growth, Opportunities and Forecast to 2026

06-20-2019 11:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Jojoba Oil Market

Jojoba Oil Market

Jojoba, native to the hot arid areas of Northern Mexico and South Western U.S., is a perennial shrub. The seed from jojoba plant consists of 45 to 55% oil or liquid wax having chemical properties similar to the body fat obtained from sperm whale. This oil is suitable to be mainly used in cosmetics, waxes, and high pressure lubricants.

In cosmetics, jojoba oil is employed for providing skin protection and prevent aging, resulting in its increased penetration in different cosmetics such as sunscreens, lotions, skin creams, moisturizers, lipsticks, and balms. In pharmaceuticals, it is utilized as a carrier for medicinal formulae, antibiotics stabilizer, and appetite depressant. Jojoba oil is also used as foam control agent, electric insulator, transformer oil, plasticizer, factice, adhesive, and more, owing to its various characteristics such as great viscosity index, compatibility with additives, and miscibility in mineral oil base stocks. Apart from that, it plays a major role as lubricant in various high temperature and pressure applications such as hydraulics. Moreover, it acts as transformer oil, grading, and cutting oil as well.

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Major Players:
• Desert Whale Jojoba Company
• Eco Oil Argentina SA
• Purcell Jojoba International
• Egyptian Natural Oil Co.
• The Jojoba Company
• Inca Oil SA
• W. Ulrich GMBH
• Earth Expo Company
• El Baraka For Natural Oils
• Sivkin Butik

Huge demand in cosmetics industry and rise in application in herbal medicines drive the market. Also, high industrial growth rate in emerging economies supports the jojoba oil market expansion. Besides, guidelines from regulatory bodies such as EPA and REACH is another factor that results in consumer preference for organic personal care products, subsequently, driving the market. However, lack of commercialization of jojoba oil is anticipated to hamper the market growth.

The report segments the jojoba oil market on the basis of grade, application, and geography. Based on grade, the market is divided into winterised jojoba and lite or bleached jojoba. By application, the market is classified into cosmetics, pharmaceutical, industrial, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits
• This report provides an extensive analysis of the current trends and emerging estimations & dynamics of the global jojoba oil market.
• Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
• Detailed analysis of the industry based on the grade and application help understand the potential application.
• Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network.
• Extensive analysis of the market is conducted by following key product positioning and monitoring of top players within the market framework.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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