Market Overview:
The global evening primrose extract market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the evening primrose extract market can be attributed to the increasing demand for natural ingredients in various applications such as pharmaceuticals, cosmetics, and food and health industries. Evening primrose oil is a source of ?- linolenic acid, which is an essential fatty acid that cannot be synthesized by the human body and must be obtained from dietary sources. Evening primrose oil has various health benefits such as reducing inflammation, improving skin conditions, and reducing symptoms of PMS. These factors are driving the demand for evening primrose oil in various applications such as pharmaceuticals, cosmetics, and food and health industries. North America dominates the global evening primrose extract market due to high consumer awareness about natural ingredients used in various applications such as pharmaceuticals, cosmetics, food industry etc.
Product Definition:
An Evening Primrose Extract is a dietary supplement that is made from the oil of the evening primrose plant. Evening primrose oil is high in gamma-linolenic acid (GLA), an essential fatty acid. GLA is thought to help improve skin health, joint health, and mental well-being.
Evening Primrose Oil (?- linolenic acid 9%):
Evening primrose oil (?-linolenic acid 9%) is a type of vegetable essential oil. It is extracted from the seeds of the plant Primula veris. The oil has a strong floral fragrance similar to that of rose and comes in light yellow color with some green flecks in it.
Evening Primrose Oil (?- linolenic acid 10%):
Evening primrose oil (?-linolenic acid 10%) is a type of omega-3 fatty acids. It is naturally found in certain plants and animals including fish, flaxseeds, canola oil, walnuts and some plant oils like amaranth and black currant seed oils. The human body cannot produce ?-linolenic acid so it has to be consumed through the diet or supplementation.
Application Insights:
The cosmetic industry accounted for the largest revenue share of over 30% in 2017. The product is used as a base in various cosmetics, such as skin and hair care products, mainly due to its anti-inflammatory and antioxidant properties. It also helps reduce puffiness under the eyes which is highly valued in beauty pageants across the world.
The pharmaceutical industry is anticipated to witness significant growth over the forecast period owing to rising geriatric population across the globe coupled with increasing incidences of several diseases including cancer and cardiovascular diseases.
Regional Analysis:
Europe was the largest market for evening primrose extract, accounting for a share of more than 30.0% in 2017 owing to the presence of large number of pharmaceutical and cosmetic manufacturers in this region. The European Commission has approved the utilization of EPO as a feed additive for cattle, which is expected to increase its application scope over the forecast period. North America is also likely to witness significant growth due to increasing awareness about nutritional products among consumers especially millennials.
Latin America also accounted for a considerable share.
Growth Factors:
- Increasing demand for natural ingredients in cosmetics and personal care products.
- Rising awareness about the benefits of Evening Primrose Extract among consumers.
- Growing popularity of herbal supplements and functional foods & beverages.
- Proliferation of online retail channels that offer a wide range of Evening Primrose Extract products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Evening Primrose Extract Market Research Report
By Type
Evening Primrose Oil (?- linolenic acid 9%), Evening Primrose Oil (?- linolenic acid 10%), Others
By Application
Pharmaceutical Industry, Cosmetic Industry, Food and Health Industry
By Companies
Henry Lamotte, Connoils, Omeganz, Baxco, Plimon Group, Efamol, Sanmark, Jilin Shengji, Jilin Baili, Liaoning Jiashi, Hebei Xinqidian, Jilin Shangjia, Dalian Tianshan, Yuanhua Biotechnology, Pioneer Herb, Panjin Green Bio-tec, Shenzhen Kangerjian, Shanghai Yanxintang, Honsea, Panjin Tianyuan Pharmaceutical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Evening Primrose Extract Market Report Segments:
The global Evening Primrose Extract market is segmented on the basis of:
Types
Evening Primrose Oil (?- linolenic acid 9%), Evening Primrose Oil (?- linolenic acid 10%), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Industry, Cosmetic Industry, Food and Health Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henry Lamotte
- Connoils
- Omeganz
- Baxco
- Plimon Group
- Efamol
- Sanmark
- Jilin Shengji
- Jilin Baili
- Liaoning Jiashi
- Hebei Xinqidian
- Jilin Shangjia
- Dalian Tianshan
- Yuanhua Biotechnology
- Pioneer Herb
- Panjin Green Bio-tec
- Shenzhen Kangerjian
- Shanghai Yanxintang
- Honsea
- Panjin Tianyuan Pharmaceutical
Highlights of The Evening Primrose Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Evening Primrose Oil (?- linolenic acid 9%)
- Evening Primrose Oil (?- linolenic acid 10%)
- Others
- By Application:
- Pharmaceutical Industry
- Cosmetic Industry
- Food and Health Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Evening Primrose Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Evening primrose extract is a natural supplement that is derived from the flowers of the evening primrose plant. It has been shown to have anti-inflammatory and antioxidant properties, which may help improve overall health.
Some of the key players operating in the evening primrose extract market are Henry Lamotte, Connoils, Omeganz, Baxco, Plimon Group, Efamol, Sanmark, Jilin Shengji, Jilin Baili, Liaoning Jiashi, Hebei Xinqidian, Jilin Shangjia, Dalian Tianshan, Yuanhua Biotechnology, Pioneer Herb, Panjin Green Bio-tec, Shenzhen Kangerjian, Shanghai Yanxintang, Honsea, Panjin Tianyuan Pharmaceutical.
The evening primrose extract market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Evening Primrose Extract Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Evening Primrose Extract Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Evening Primrose Extract Market - Supply Chain
4.5. Global Evening Primrose Extract Market Forecast
4.5.1. Evening Primrose Extract Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Evening Primrose Extract Market Size (000 Units) and Y-o-Y Growth
4.5.3. Evening Primrose Extract Market Absolute $ Opportunity
5. Global Evening Primrose Extract Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Evening Primrose Extract Market Size and Volume Forecast by Type
5.3.1. Evening Primrose Oil (?- linolenic acid 9%)
5.3.2. Evening Primrose Oil (?- linolenic acid 10%)
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Evening Primrose Extract Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Evening Primrose Extract Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical Industry
6.3.2. Cosmetic Industry
6.3.3. Food and Health Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Evening Primrose Extract Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Evening Primrose Extract Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Evening Primrose Extract Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Evening Primrose Extract Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Evening Primrose Extract Demand Share Forecast, 2019-2026
9. North America Evening Primrose Extract Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Evening Primrose Extract Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Evening Primrose Extract Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical Industry
9.4.2. Cosmetic Industry
9.4.3. Food and Health Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Evening Primrose Extract Market Size and Volume Forecast by Type
9.7.1. Evening Primrose Oil (?- linolenic acid 9%)
9.7.2. Evening Primrose Oil (?- linolenic acid 10%)
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Evening Primrose Extract Demand Share Forecast, 2019-2026
10. Latin America Evening Primrose Extract Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Evening Primrose Extract Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Evening Primrose Extract Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical Industry
10.4.2. Cosmetic Industry
10.4.3. Food and Health Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Evening Primrose Extract Market Size and Volume Forecast by Type
10.7.1. Evening Primrose Oil (?- linolenic acid 9%)
10.7.2. Evening Primrose Oil (?- linolenic acid 10%)
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Evening Primrose Extract Demand Share Forecast, 2019-2026
11. Europe Evening Primrose Extract Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Evening Primrose Extract Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Evening Primrose Extract Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical Industry
11.4.2. Cosmetic Industry
11.4.3. Food and Health Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Evening Primrose Extract Market Size and Volume Forecast by Type
11.7.1. Evening Primrose Oil (?- linolenic acid 9%)
11.7.2. Evening Primrose Oil (?- linolenic acid 10%)
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Evening Primrose Extract Demand Share, 2019-2026
12. Asia Pacific Evening Primrose Extract Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Evening Primrose Extract Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Evening Primrose Extract Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical Industry
12.4.2. Cosmetic Industry
12.4.3. Food and Health Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Evening Primrose Extract Market Size and Volume Forecast by Type
12.7.1. Evening Primrose Oil (?- linolenic acid 9%)
12.7.2. Evening Primrose Oil (?- linolenic acid 10%)
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Evening Primrose Extract Demand Share, 2019-2026
13. Middle East & Africa Evening Primrose Extract Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Evening Primrose Extract Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Evening Primrose Extract Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical Industry
13.4.2. Cosmetic Industry
13.4.3. Food and Health Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Evening Primrose Extract Market Size and Volume Forecast by Type
13.7.1. Evening Primrose Oil (?- linolenic acid 9%)
13.7.2. Evening Primrose Oil (?- linolenic acid 10%)
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Evening Primrose Extract Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Evening Primrose Extract Market: Market Share Analysis
14.2. Evening Primrose Extract Distributors and Customers
14.3. Evening Primrose Extract Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Henry Lamotte
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Connoils
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Omeganz
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Baxco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Plimon Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Efamol
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sanmark
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jilin Shengji
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jilin Baili
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Liaoning Jiashi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hebei Xinqidian
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jilin Shangjia
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Dalian Tianshan
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Yuanhua Biotechnology
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Pioneer Herb
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Panjin Green Bio-tec
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shenzhen Kangerjian
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Shanghai Yanxintang
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Honsea
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Panjin Tianyuan Pharmaceutical
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
