Press release
Global Borage Oil Market Report - Future Demand and Market Prospect Forecast (2020-2027)
The global Borage Oil market report provided by Global Market Monitor analyzes the industry and major market trends in detail, and divides the market size by volume and value according to application types and geographic locations.
Canada is a major grower of borage due to its favourable weather conditions, which allow Canadian borage growers to grow high quality seeds at a low cost. Asia Pacific dominates the Borage Oil market in the global industry with increasing production levels of nutraceuticals, pharmaceuticals, and cosmetics leading to huge demand in Asia Pacific. Most of the cosmetic and pharmaceutical manufacturers have identified developing Asia as their production hub. This has triggered the demand for raw materials in the region. Europe is also set to become a major producing region for borage due to favorable weather and soil conditions. Europe is expected to generate high demand for Borage Oil for cosmetic applications due to the presence of large skin and hair care manufacturers including L'Oreal and Unilever. These companies are focusing more on the development of bio-based cosmetics, which is ultimately expected to influence the product demand.
The market for Borage Oil has been growing in recent years due to its high content of gamma-linolenic acid (GLA), an essential omega-6 fatty acid that is not produced by the body itself, and is therefore in high demand for external supply. Direct or indirect supplementation with borage oil is effective in treating and preventing health disorders related to fatty acid metabolism.
Owing to its anti-inflammatory and antioxidant properties, Borage Oil is widely used in cosmetic products, as well as in nutraceuticals for use in anti-inflammatory drugs and creams, either for direct consumption or in combination with other base oils. Growing demand for bio-based cosmetic and nutritional products is expected to be a major driver for this market.Borage Oil capsules are also used for direct GLA supplementation.Aging population is expected to be a major driver for the dietary supplements market. Dietary supplements are also expected to have a significant demand in the fitness industry.Borage Oil is also widely used as a food additive in breakfast cereals and functional foods. Its application in the food segment is also expected to drive its market growth.
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Competition Analysis
Major competitors of the global Borage Oil market include:
Icelandirect Inc
AOS Products Pvt.
Nordic Naturals
K. K. Enterprise
Desert Whale Jojoba Company
Aromex Industries
Soyatech International Pvt.
Oilseed Extraction
Connoils
Market Segments by Application:
Cosmetics
Medical
Dietary Supplements
Global Borage Oil market: Type segments
Pharmaceutical Grade
Cosmetic Grade
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Borage Oil Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Borage Oil Market by Types
4 Segmentation of Borage Oil Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Borage Oil Market in Major Countries
7 North America Borage Oil Landscape Analysis
8 Europe Borage Oil Landscape Analysis
9 Asia Pacific Borage Oil Landscape Analysis
10 Latin America, Middle East & Africa Borage Oil Landscape Analysis
11 Major Players Profile
…
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Key Regions Overview
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.
Target Audience:
Borage Oil manufacturers
Distributors and resellers of Borage Oil
Borage Oil industry associations
Product managers, Borage Oil industry administrator, C-level executives of the industries
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
Borage Oil potential investors
Borage Oil key stakeholders
Borage Oil end-user sectors
Research and Development (R&D) companies
Report Spotlights
Detailed overview of market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprints
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
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https://www.globalmarketmonitor.com/reports/591394-jojoba-oil-market-report.html
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