Blackcurrant Seed Oil Market Analysis, Growth Opportunities, Future Demand And Leading Players Updates By Forecast To 2020-2026
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Moreover, it helps in curing skin problems and offers anti-aging benefits. Furthermore, it helps the body to deal with infections caused by fungi, bacteria, and virus, cures chronic dry eyes, and helps in curing hair issues. In addition, it helps in reducing pain, swelling, and joint injuries in patients who suffer from arthritis; improves digestive system; and helps in the treatment of arthritis & anemia, and thus is taken as a health supplement. Furthermore, blackcurrant seed oil is used in cosmetics and personal products, as it contains 70% essential fatty acids and 15% GLA that are necessary for keeping skin, body, and hair healthy. All these benefits, uses, and nutritional value of blackcurrant seed oil have driven the growth of the market.
However, reduction in the production of blackcurrants is likely to restrict the growth of the market growth in the upcoming years. In addition, blackcurrant oil is expensive, which limits its adoption across the globe. Conversely, consumers’ inclination toward organic products is expected to fuel the growth of the market. Moreover, changes in lifestyle, increase in demand for natural & organic cosmetics, and rise in disposable income of consumers have resulted in the growth of cosmetic market, which is in turn is anticipated to bolster the growth of blackcurrant seed oil market in the future.
The global blackcurrant seed oil market is segmented based on type, form application, end user, distribution channel, and region. On the basis of type, the blackcurrant seed oil market is classified into organic and conventional. By form, it is bifurcated into liquid and gel capsules. Depending on application, it is divided into cosmetics & personal care products, and pharmaceutical products. As per end user, it is categorized into households, cosmetics & personal care industry, and pharmaceutical industry. According to distribution channel, it is segregated into direct and indirect channel. The indirect channel is further classified into supermarkets/hypermarkets, discount stores, specialty stores, convenience stores, online stores, and others. Region wise, the blackcurrant seed oil market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the prominent key players includes Nutraceutical Corporation, ConnOils LLC, Botanical Beauty co., Vando Naturals, Dève Herbes, NOW FOODS, NutriONN, Swander Pace Capital (Swanson Health Products), NUSAPURE, and PARAS PERFUMERS.
KEY BENEFITS FOR STAKEHOLDERS
• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global blackcurrant seed oil market from 2018 to 2026 to identify the prevailing market opportunities.
• The key countries in all the major regions are mapped based on their market share.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
• Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
• The report includes the analysis of the regional & global market, key players, market segments, application areas, and growth strategies.
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