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Nanotechnology is fastest growing segment fueling the growth of Red Raspberry Seed Oil Market.

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Pooja Khodke
Nanotechnology is fastest growing segment fueling the growth of Red Raspberry Seed Oil Market.

The global Red Raspberry Seed Oil Market is estimated to be valued at US$ 748.4 Mn in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market Overview:


Red raspberry seed oil is extracted from the seeds of red raspberry plant through a cold pressing process. It contains fatty acids, antioxidants, and vitamins that provide various skin and hair benefits. It helps treat acne, soothes sunburned skin, reduces signs of aging, and moisturizes dry skin.


Market key trends:


One of the key trends driving the growth of red raspberry seed oil market is its increasing popularity and usage in natural skin and hair care products. The oil contains alpha-linolenic acid that helps repair and regenerate skin cells and retain moisture. It also contains antioxidants like vitamin C and E that protect skin from harmful free radicals and premature aging. Many personal care brands are incorporating red raspberry seed oil in their natural moisturizers, anti-aging creams, and hair conditioners to capitalize on the growing demand for plant-based cosmetic ingredients. The rising vegan and natural beauty trends have propelled the adoption of red raspberry seed oil as a popular natural skin and hair alternative.


Segment Analysis


Red raspberry seed oil market is dominated by the personal care & cosmetics segment. This segment accounts for around 60% share of the global red raspberry seed oil market owing to increasing demand for natural and organic cosmetics ingredients. Red raspberry seed oil is widely used in anti-aging creams, moisturizers, lip balms, face oil, and many other personal care products due to its high content of essential fatty acids like linoleic acid and antioxidant properties.


Key Takeaways


The global red raspberry seed oil market is expected to witness high growth, exhibiting CAGR of 5.1% over the forecast period, due to increasing demand for natural and organic cosmetic ingredients.


Regional analysis


North America dominates the global red raspberry seed oil market with around 35% share owing to rising health awareness and high disposable income in countries like the US and Canada. Europe is the second largest market for red raspberry seed oil market driven by growing preference for herbal cosmetic products in countries like Germany, UK and France.


Key players


Key players operating in the Red Raspberry Seed Oil Market are Botanic Innovations, Sweet Essentials, Healing Hollow Essential Oil, Naissance, Sheabutter Cottage, PureNature, Kari Gran, Majestic Mountain Sage, and The Apothecary in Inglewood. The global red raspberry seed oil market is highly fragmented in nature.




Read More :   https://www.newsstatix.com/the-emerging-demand-for-natural-skincare-is-anticipated-to-openup-the-new-avenue-for-red-raspberry-seed-oil-market/

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