Market Overview:
The global andiroba oil market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The high purity extract segment is expected to be the fastest-growing segment during the forecast period. This can be attributed to the increasing demand for andiroba oil in skin care products. The Asia Pacific region is projected to be the fastest-growing region during the forecast period, owing to rising consumer awareness about natural ingredients used in skin care products and an increase in disposable income levels.
Product Definition:
Andiroba oil is a natural oil that is extracted from the seeds of the andiroba tree. It has a variety of uses, including as an ingredient in skin care products, as a natural insect repellent, and as a treatment for various medical conditions. Andiroba oil is thought to be beneficial for the skin because it contains high levels of fatty acids and antioxidants.
High Purity Extract:
High purity extract is a supercritical fluid extract of natural plant materials, which are considered to be rich in bioactive compounds. The extraction process involves the use of carbon dioxide as a solvent and it's done under controlled temperature & pressure conditions. The end product consists of oil that contains high amounts of anti-oxidants, vitamins & flavonoids along with other components such as sterols and phenolic acids.
Ratio Extract:
The process of ratio extract is used to separate the oil from the fruit pulp in order to obtain pure oil. The extracted oil is then further processed using various techniques such as fractionation, esterification, and oxidation for use in food & beverage and personal care industries.
Extraction of natural oils by mechanical or chemical methods results into waste material which can be recycled; however, when done using a ratio method there is no wastage involved as all the materials are reused.
Application Insights:
The other application segment includes food and beverages, pharmaceuticals, cosmetics and nutraceuticals. Other applications of the product include biodiesel production as well as consumption in animal feed. The high purity extract is majorly used for skin care while ratio extracts are majorly used for hair care purposes.
Skin care was the largest application segment with a share of over 40% in 2017. Andiroba oil contains natural vitamin E that helps to maintain skin elasticity thereby preventing sagging effects on face due to aging or gravity related problems such as bags under eyes or hollow cheeks caused due to lack of fat deposition below the cheekbone area known as subnasal fat pad syndrome (SFF).
Regional Analysis:
North America was the second-largest regional market in 2017. Rising consumer awareness regarding the health and well-being is expected to drive demand for natural and organic products, which in turn will have a positive impact on industry growth over the forecast period. Furthermore, growing penetration of premium cosmetics brands such as L’Or©al SA; Shahnaz Husain Ltd.; Bioderma S.A.; Kiko Milano Cosmetics; and Gisou Paris is anticipated to augment Andiroba oil market growth over the coming years.
Asia Pacific emerged as one of the largest consumers of alliroba oil due to high demand from hair care sector especially in countries such as China, India, Japan, South Korea & Taiwan where traditional methods are followed for long hair care rituals by womenfolk resulting into increased product consumption worldwide.
Growth Factors:
- Increasing demand for natural and organic cosmetics products
- Rising awareness about the benefits of andiroba oil among consumers
- Growing popularity of aromatherapy and massage therapies
- Proliferation of online retail platforms that offer andiroba oil products
- increasing research on the therapeutic properties of andiroba oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Andiroba Oil Market Research Report
By Type
High Purity Extract, Ratio Extract
By Application
Skin Care, Hair Care, Other
By Companies
Anita Grant, Hallstar, Camden-Grey Essential Oils, Teliaoils, PureNature, Gracefruit, Oshadhi, Akoma Skincare, Anita Grant
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Andiroba Oil Market Report Segments:
The global Andiroba Oil market is segmented on the basis of:
Types
High Purity Extract, Ratio Extract
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
Skin Care, Hair Care, Other
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:
- Anita Grant
- Hallstar
- Camden-Grey Essential Oils
- Teliaoils
- PureNature
- Gracefruit
- Oshadhi
- Akoma Skincare
- Anita Grant
Highlights of The Andiroba Oil 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:
- High Purity Extract
- Ratio Extract
- By Application:
- Skin Care
- Hair Care
- Other
- 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 Andiroba Oil 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Andiroba oil is a natural oil extracted from the kernel of the African palm tree. It has been used in traditional medicine for centuries to treat a variety of conditions, including skin problems, hair loss, and inflammation. Andiroba oil is also known for its anti-inflammatory properties and ability to help improve circulation.
Some of the major players in the andiroba oil market are Anita Grant, Hallstar, Camden-Grey Essential Oils, Teliaoils, PureNature, Gracefruit, Oshadhi, Akoma Skincare, Anita Grant.
The andiroba oil market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Andiroba Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Andiroba Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Andiroba Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Andiroba Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Andiroba Oil Market Size & Forecast, 2020-2028
4.5.1 Andiroba Oil Market Size and Y-o-Y Growth
4.5.2 Andiroba Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High Purity Extract
5.2.2 Ratio Extract
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Skin Care
6.2.2 Hair Care
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Andiroba Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Andiroba Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High Purity Extract
9.6.2 Ratio Extract
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Skin Care
9.10.2 Hair Care
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High Purity Extract
10.6.2 Ratio Extract
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Skin Care
10.10.2 Hair Care
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High Purity Extract
11.6.2 Ratio Extract
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Skin Care
11.10.2 Hair Care
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High Purity Extract
12.6.2 Ratio Extract
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Skin Care
12.10.2 Hair Care
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High Purity Extract
13.6.2 Ratio Extract
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Skin Care
13.10.2 Hair Care
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Andiroba Oil Market: Competitive Dashboard
14.2 Global Andiroba Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anita Grant
14.3.2 Hallstar
14.3.3 Camden-Grey Essential Oils
14.3.4 Teliaoils
14.3.5 PureNature
14.3.6 Gracefruit
14.3.7 Oshadhi
14.3.8 Akoma Skincare
14.3.9 Anita Grant
