According to IMARC Group’s latest report, titled “Jojoba Oil Derivatives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” The global jojoba oil derivatives market grew at a CAGR of around 5% during 2015-2020. Jojoba oil derivatives are a wide range of high quality, naturally-derived sustainable jojoba products derived from the crushed beans of the jojoba shrub. These derivatives regulate and re-balance oil production in oily skin and provide nourishment to dry skin. They are also employed as a natural additive in lubricant formulations due to their excellent oxidative solubility and stability.
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The global jojoba oil derivatives market is primarily driven by their increasing applications in various industries. In the food and beverage industry, jojoba oil derivatives are used in the vegetable oils as they are biodegradable, edible and economical in nature. Besides this, these derivatives consist of several vitamins and minerals, such as vitamin E and B complex, and silicon. Due to which, they are widely utilized in the personal hygiene products and in the formulation of baby care products to prevent chapped lips, stimulate hair growth, treat dry scalp and reduce premature aging signs and stretch marks. Moreover, the growing awareness about several benefits associated with natural and organic products like jojoba oil derivatives is provides a positive impact on the market growth. Looking forward, IMARC Group expects the global jojoba oil derivatives market to exhibit moderate growth during the next five years.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Ecooil, Hallstar
- Inca Oil SA
- Jojoba Desert Inc.
- LaRonna Jojoba Company
- Nutrix International LLC
- Provital, Purcell Jojoba
- The Jojoba Company Australia
- Vantage Specialty Chemicals.
Breakup by Product:
- Jojoba Butter
- Jojoba Alcohol
- Jojoba Esters
- Jojoba Proteins
- Jojoba Wax
- Others
- Personal Care and Cosmetics
- Hair Care
- Skin Care
- Color Cosmetics
- Sun Care
- Body Care
- Others
- Food and Beverage
- Industrial Coatings and Lubricants
- Pharmaceuticals
- Others
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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