Market Overview:
The global baobab oil market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for organic baobab oil and its applications in skin care and hair care products. North America is expected to lead the global baobab oil market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Baobab oil is a light, yellowish oil that is extracted from the seeds of the baobab tree. It has a high content of antioxidants and vitamin C, as well as beneficial fatty acids that make it useful for skin and hair care. Baobab oil can be used to soften skin, reduce inflammation, and promote hair growth.
Organic Adansonia Digitata Seed Oil:
Adansonia Digitata Oil, also known as Baobab oil or Adansone oil is a natural vegetable seed oil which is extracted from the fruit pulp of the baobab tree. The seeds contain fatty acid esters and are used for their health benefits. It has been found to be effective in treating skin disorders like acne and psoriasis among others.
Common Adansonia Digitata Seed Oil:
Adansonia digitata is a plant that is native to the Afromontane Forest that can be found in the equatorial region of Africa. The seeds are used for oil extraction and this seed oil finds its usage in various skin care products such as face washes, moisturizers, massage oils and hair treatments among others.
The seed oil has anti-inflammatory properties which help reduce redness associated with skin conditions like acne rosacea.
Application Insights:
The skin care products segment dominated the global market in 2017, accounting for over 45.0% share of the total revenue. The product is gaining popularity as an ingredient in various skin care formulations owing to its antioxidant and anti-inflammatory properties. It helps reduce wrinkles, sunburns and hyperpigmentation caused by chronic exposure to UV radiations. Furthermore, it helps improve elasticity and minimize pores on the skin surface after application on the face or body as a whole.
Growing awareness regarding natural ingredients with anti-aging properties is expected to drive product demand in hair care products over the forecast period as well.
Regional Analysis:
The product demand in the region is expected to grow at a significant rate over the forecast period owing to increasing consumer awareness regarding health and wellness. The Middle East & Africa accounted for a share of more than 50% of global market share in 2017, which can be attributed to high consumption across countries such as Nigeria, Ethiopia, and Kenya. Rising disposable income levels coupled with an increase in spending on luxury goods is expected to drive product demand further.
North America emerged as one of the largest consumers due to growing adoption by manufacturers operating within this region. For instance; In January 2018; L’Or©al announced plans for using baobab fruit as an ingredient in its beauty products including hair care range and skincare products under its VIVAIODAYS brand name along with other African oils such as kenyan coloe extract oil (KCE)and ugandan rose hip seed oil (UHOH).
Growth Factors:
- Increasing demand for natural and organic cosmetics products
- Rising awareness about the benefits of baobab oil among consumers
- Growing popularity of African-inspired fashion and beauty trends
- Proliferation of online retail platforms that sell baobab oil products
- increasing investment in research and development to improve the quality of baobab oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Baobab Oil Market Research Report
By Type
Organic Adansonia Digitata Seed Oil, Common Adansonia Digitata Seed Oil
By Application
Skin Care Products, Hair Care Products
By Companies
Aldivia, Biocosmethic, CREMER OLEO, OQEMA, AE Chemie, GREENTECH, Caribbean Natural, All Organic Treasures, Afrinatural Holdings, Naturochim, Kupanda
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Baobab Oil Market Report Segments:
The global Baobab Oil market is segmented on the basis of:
Types
Organic Adansonia Digitata Seed Oil, Common Adansonia Digitata Seed Oil
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 Products, Hair Care Products
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:
- Aldivia
- Biocosmethic
- CREMER OLEO
- OQEMA
- AE Chemie
- GREENTECH
- Caribbean Natural
- All Organic Treasures
- Afrinatural Holdings
- Naturochim
- Kupanda
Highlights of The Baobab 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:
- Organic Adansonia Digitata Seed Oil
- Common Adansonia Digitata Seed Oil
- By Application:
- Skin Care Products
- Hair Care Products
- 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 Baobab 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?
Baobab oil is a natural oil extracted from the fruit of the baobab tree. Baobab trees are native to Africa and can grow up to 60 feet tall. The fruit of the baobab tree is used to extract the oil, which has been traditionally used in African countries for medicinal purposes.
Some of the major players in the baobab oil market are Aldivia, Biocosmethic, CREMER OLEO, OQEMA, AE Chemie, GREENTECH, Caribbean Natural, All Organic Treasures, Afrinatural Holdings, Naturochim, Kupanda.
The baobab oil market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Baobab 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 Baobab Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Baobab 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 Baobab 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 Baobab Oil Market Size & Forecast, 2018-2028
4.5.1 Baobab Oil Market Size and Y-o-Y Growth
4.5.2 Baobab Oil Market Absolute $ Opportunity
Chapter 5 Global Baobab Oil 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 Baobab Oil Market Size Forecast by Type
5.2.1 Organic Adansonia Digitata Seed Oil
5.2.2 Common Adansonia Digitata Seed Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Baobab Oil 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 Baobab Oil Market Size Forecast by Applications
6.2.1 Skin Care Products
6.2.2 Hair Care Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Baobab 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 Baobab 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 Baobab Oil Analysis and Forecast
9.1 Introduction
9.2 North America Baobab Oil 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 Baobab Oil Market Size Forecast by Type
9.6.1 Organic Adansonia Digitata Seed Oil
9.6.2 Common Adansonia Digitata Seed Oil
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 Baobab Oil Market Size Forecast by Applications
9.10.1 Skin Care Products
9.10.2 Hair Care Products
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 Baobab Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Baobab Oil 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 Baobab Oil Market Size Forecast by Type
10.6.1 Organic Adansonia Digitata Seed Oil
10.6.2 Common Adansonia Digitata Seed Oil
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 Baobab Oil Market Size Forecast by Applications
10.10.1 Skin Care Products
10.10.2 Hair Care Products
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 Baobab Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Baobab Oil 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 Baobab Oil Market Size Forecast by Type
11.6.1 Organic Adansonia Digitata Seed Oil
11.6.2 Common Adansonia Digitata Seed Oil
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 Baobab Oil Market Size Forecast by Applications
11.10.1 Skin Care Products
11.10.2 Hair Care Products
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 Baobab Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Baobab Oil 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 Baobab Oil Market Size Forecast by Type
12.6.1 Organic Adansonia Digitata Seed Oil
12.6.2 Common Adansonia Digitata Seed Oil
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 Baobab Oil Market Size Forecast by Applications
12.10.1 Skin Care Products
12.10.2 Hair Care Products
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) Baobab Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Baobab Oil 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) Baobab Oil Market Size Forecast by Type
13.6.1 Organic Adansonia Digitata Seed Oil
13.6.2 Common Adansonia Digitata Seed Oil
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) Baobab Oil Market Size Forecast by Applications
13.10.1 Skin Care Products
13.10.2 Hair Care Products
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 Baobab Oil Market: Competitive Dashboard
14.2 Global Baobab Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aldivia
14.3.2 Biocosmethic
14.3.3 CREMER OLEO
14.3.4 OQEMA
14.3.5 AE Chemie
14.3.6 GREENTECH
14.3.7 Caribbean Natural
14.3.8 All Organic Treasures
14.3.9 Afrinatural Holdings
14.3.10 Naturochim
14.3.11 Kupanda
