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Global Jojoba Oil Market to be Driven at a CAGR of 7.6% in the Forecast Period of 2021-2026

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Ian Bell
Global Jojoba Oil Market to be Driven at a CAGR of 7.6% in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Jojoba Oil Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global jojoba oil market, assessing the market based on its segments like application, distribution channel and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

 

 

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

 

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/jojoba-oil-market/requestsample

 

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): 16,840 tons
  • Forecast CAGR (2021-2026): 7.6%
  • Forecast Market Size (2026): 26,107 tons

 

The growth of the global jojoba oil market is driven by the increasing demand from cosmetics industry. Owing to the growing application of jojoba oil in products such as scar and stretch marks removers, anti-acne gels, and hair care products, among others is aiding the market growth. Additionally, the jojoba oil is known to be a rich source of various vitamins and minerals, thereby the demand is further boosted from nutraceutical and pharmaceutical products for treating burns and bruises, sores, and cuts. Moreover, the increasing research and development activities by key players for increasing the production output of jojoba oil is likely to propel the market growth over the forecast period.

 

Industry Definition and Major Segments

 

Jojoba oil is a vegetable oil obtained by crushing jojoba beans. Chemically is similar to sebum, a natural oil produced by the skin. It is rich in vitamins B, C and E along with other mineral such as copper and zinc. It is easily absorbed by skin and is known for its anti-wrinkle properties. Jojoba oil finds application across various cosmetic products such as creams, lotions, sunscreen, and moisturisers.

 

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/jojoba-oil-market

 

On the basis of its application, the market can be broadly categorised into:

  • Cosmetics
  • Pharmaceuticals
  • Industrial
  • Others

 

Based on distribution channel, the industry can be classified into:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others

 

The regional markets for jojoba include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Market Trends

 

Regionally, North America dominated the global market for jojoba oil over the historic period. This can be attributed to the highest production of jojoba. Additionally, the increasing demand for plant based cosmetic and personal care products is anticipated to further bolster the market over the forecast period. Meanwhile, Latin America is projected to follow North America in terms of production. Mexico is one of the largest producers of jojoba owing to the favourable climatic conditions. Further, the increasing penetration of key cosmetics manufacturers in Asia Pacific is expected to bolster the growth.

 

Key Market Players

 

The major players in the market are Ecooil, Jojoba Desert (A.C.S) Ltd., Purcell Jojoba International, LLC., The Jojoba Company, Inca Oil SA, and a few others others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

 

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India Soap Market: https://www.expertmarketresearch.com/reports/india-soap-market

 

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India Diapers Market: https://www.expertmarketresearch.com/reports/india-diapers-market

 

North America Natural and Organic Face Care Market: https://www.expertmarketresearch.com/reports/north-america-natural-and-organic-face-care-market

 

Global Premium Cosmetics Market: https://www.expertmarketresearch.com/reports/premium-cosmetics-market

 

Global Organic Deodorants Market: https://www.expertmarketresearch.com/reports/organic-deodorants-market

 

North America Hand Sanitiser Market: https://www.expertmarketresearch.com/reports/north-america-hand-sanitiser-market

 

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

 

About Us:

 

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

 

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

 

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

 

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

 

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

 

Media Contact

 

Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

 

Read more: https://expertmarketresearch-emr.blogspot.com/

 

**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

 

 

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