Market Overview:
The global marula oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural and organic skin care products. Additionally, the growing awareness about the benefits of using marula oil is also contributing to the growth of this market. The global marula oil market can be segmented on the basis of type into cold pressed oil and cold processed virgin oil. The cold pressed oil segment is expected to account for a larger share in terms of revenue in 2018 as compared to that of cold processed virgin oils, owing to its high quality and purity levels. On the basis of application, skin care products are expected to account for a major share in terms of revenue in 2018 as comparedto other applications such as hair care products, cosmetic products, etc.
Product Definition:
Marula oil is an oil that is derived from the fruit of the Marula tree. It has a variety of uses, including as a skin moisturizer and hair conditioner.
Cold Pressed Oil:
Cold-pressed oil is extracted from the fruit pulp of the marula tree via a simple process. The cold pressing technique does not use heat or chemicals for extracting oil. It is a mechanical procedure that involves crushing and extraction of fruits at room temperature without any chemical additives to retain the original properties of nutrients and vitamins in it.
The product has high nutritional value as compared to other edible oils, which makes it an important ingredient in salad dressings, cooking, baking etc.
Cold Processed Virgin Oil:
Virgin oil is a type of cold-processed vegetable oil that has not been through any chemical or heat treatment. Virgin oils are unrefined, unbleached and free from chemicals or additives. They have high nutritional value and the best way to preserve them is by using them while making food products such as salad dressings, cooking sauces, mayonnaise etc., which requires virgin oil for the best results.
Application Insights:
The skin care products segment led the global market and accounted for more than 70.0% share of the overall revenue in 2017. The product has a high demand in skin care products as it is a natural antioxidant, helps to improve skin texture, tone and clarity as well as protects the cells from free radical damage. It is beneficial for all types of skins including sensitive ones.
Marula oil contains oleic acid which has anti-inflammatory properties; this property makes it suitable for use in various anti-acne formulations that are used on a commercial scale by dermatologists worldwide. Furthermore, its ability to prevent or treat aging effects on the face coupled with its high stability against oxidation make it suitable for use in various cosmetic formulations such as moisturizers, sunscreens lotions and creams among others that are used on an industrial scale by cosmetics companies worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The presence of a large number of manufacturers, coupled with increasing demand for natural cosmetics products, has resulted in driving marula oil exports from African countries such as Tanzania and Kenya. Furthermore, rising awareness regarding beauty & wellness products among millennials will drive regional product demand further.
Europe accounted for a major share owing to high consumer spending on skin care and cosmetic products along with growing health concerns related to heavy metal contamination caused by using synthetic chemicals found in many commercial brands across the region. This factor is anticipated to boost regional product consumption over the forecast period.
Growth Factors:
- Increasing demand for natural and organic cosmetics products
- Rising awareness about the benefits of Marula oil among consumers
- Growing popularity of Marula oil-based skin care products among celebrities and other influencers
- Proliferation of online retail channels that offer Marula oil-based skin care products at competitive prices
- increasing research and development activities by cosmetic companies to develop new applications for marula oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Marula Oil Market Research Report
By Type
Cold Pressed Oil, Cold Processed Virgin Oil
By Application
Skin Care Products, Hair Care Products, Cosmetic Products, Others
By Companies
Marula Natural Products, SOUTHERN BOTANICA, Marula Company, DLG Naturals, Gramme Products, Natural Sourcing, Afri Natural, African Botanics, Marula Guys, African Exotic Oils, Marula Natural Products
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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Marula Oil Market Report Segments:
The global Marula Oil market is segmented on the basis of:
Types
Cold Pressed Oil, Cold Processed Virgin 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, Cosmetic Products, Others
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:
- Marula Natural Products
- SOUTHERN BOTANICA
- Marula Company
- DLG Naturals
- Gramme Products
- Natural Sourcing
- Afri Natural
- African Botanics
- Marula Guys
- African Exotic Oils
- Marula Natural Products
Highlights of The Marula 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:
- Cold Pressed Oil
- Cold Processed Virgin Oil
- By Application:
- Skin Care Products
- Hair Care Products
- Cosmetic Products
- Others
- 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 Marula 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?
Marula oil is a natural oil extracted from the fruit of the Marula tree. It has been used in Africa for centuries as a moisturizer, skin care product, and hair treatment.
Some of the major companies in the marula oil market are Marula Natural Products, SOUTHERN BOTANICA, Marula Company, DLG Naturals, Gramme Products, Natural Sourcing, Afri Natural, African Botanics, Marula Guys, African Exotic Oils, Marula Natural Products.
The marula 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 Marula 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 Marula Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Marula 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 Marula 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 Marula Oil Market Size & Forecast, 2018-2028
4.5.1 Marula Oil Market Size and Y-o-Y Growth
4.5.2 Marula Oil Market Absolute $ Opportunity
Chapter 5 Global Marula 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 Marula Oil Market Size Forecast by Type
5.2.1 Cold Pressed Oil
5.2.2 Cold Processed Virgin Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Marula 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 Marula Oil Market Size Forecast by Applications
6.2.1 Skin Care Products
6.2.2 Hair Care Products
6.2.3 Cosmetic Products
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marula 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 Marula 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 Marula Oil Analysis and Forecast
9.1 Introduction
9.2 North America Marula 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 Marula Oil Market Size Forecast by Type
9.6.1 Cold Pressed Oil
9.6.2 Cold Processed Virgin 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 Marula Oil Market Size Forecast by Applications
9.10.1 Skin Care Products
9.10.2 Hair Care Products
9.10.3 Cosmetic Products
9.10.4 Others
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 Marula Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Marula 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 Marula Oil Market Size Forecast by Type
10.6.1 Cold Pressed Oil
10.6.2 Cold Processed Virgin 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 Marula Oil Market Size Forecast by Applications
10.10.1 Skin Care Products
10.10.2 Hair Care Products
10.10.3 Cosmetic Products
10.10.4 Others
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 Marula Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Marula 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 Marula Oil Market Size Forecast by Type
11.6.1 Cold Pressed Oil
11.6.2 Cold Processed Virgin 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 Marula Oil Market Size Forecast by Applications
11.10.1 Skin Care Products
11.10.2 Hair Care Products
11.10.3 Cosmetic Products
11.10.4 Others
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 Marula Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Marula 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 Marula Oil Market Size Forecast by Type
12.6.1 Cold Pressed Oil
12.6.2 Cold Processed Virgin 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 Marula Oil Market Size Forecast by Applications
12.10.1 Skin Care Products
12.10.2 Hair Care Products
12.10.3 Cosmetic Products
12.10.4 Others
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) Marula Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Marula 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) Marula Oil Market Size Forecast by Type
13.6.1 Cold Pressed Oil
13.6.2 Cold Processed Virgin 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) Marula Oil Market Size Forecast by Applications
13.10.1 Skin Care Products
13.10.2 Hair Care Products
13.10.3 Cosmetic Products
13.10.4 Others
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 Marula Oil Market: Competitive Dashboard
14.2 Global Marula Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Marula Natural Products
14.3.2 SOUTHERN BOTANICA
14.3.3 Marula Company
14.3.4 DLG Naturals
14.3.5 Gramme Products
14.3.6 Natural Sourcing
14.3.7 Afri Natural
14.3.8 African Botanics
14.3.9 Marula Guys
14.3.10 African Exotic Oils
14.3.11 Marula Natural Products
