Jojoba Oil Market Size Worth 353.84 Million by 2029, Size, Share, Industry Demand, Rising Trends and Competitive Outlook

Jojoba is a perennial shrub native to northern Mexico and the southwestern United States. The seed of the jojoba plant contains 45 to 55 percent oil or liquid wax, which has chemical properties similar to sperm whale body fat. This oil is best suited for use in cosmetics, waxes, and high-pressure lubricants.

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Data Bridge Market Research analyses that the jojoba oil market was valued at USD 135 million in 2021 and is expected to reach the value of USD 353.84 million by 2029, at a CAGR of 12.80% during the forecast period of 2022 to 2029.

Market Definition

Jojoba oil is a type of vegetable oil derived from the crushed beans of the jojoba shrub, simmondsia chinensis. It is a polyunsaturated liquid wax with a similar composition to sebum, the natural oil produced by the skin.

The jojoba oil market is analysed and market size insights and trends are provided by country, of source, application, form and product as referenced above.

The countries covered in the jojoba oil market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America.

North America had the highest volume share. North America is a major producer and consumer of jojoba oil. Rising demand from the cosmetics, personal care, and pharmaceutical industries is expected to drive product demand even further over the forecast period. The region is home to some of the world's most important cosmetic markets, including the United States, Canada, and Mexico. Because of the availability of raw materials, Mexico is one of the leading producers of jojoba oil. Favourable climatic conditions have been shown to positively contribute to the country's production. This has ensured a steady supply of raw materials for market participants. The majority of the oil produced is sold to cosmetics and personal care companies, followed by the pharmaceutical and chemical industries.

The jojoba oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Jojoba Oil market.

Some of the major players operating in the jojoba oil market are:

Desert Whale Jojoba Company (U.S)
Ecooil (Argentina)
Purcell Jojoba (U.S)
Egyptian Natural Oil Co. (Egypt)
The Jojoba Company Australia Inc. (Australia)
Inca Oil SA (Germany)
W. Ulrich GMBH (Germany)
Earth Expo Company (India)
SivkinDotik (Slovania)
EI Baraka For Natural Oils (Egypt)
L'Oréal S.A (France)
Estée Lauder Companies (U.S)
Murad LLC (U.S)
Deborah Group S.r.l (Italy)

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