The global Pracaxi oil market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for organic and medicinal oils, and rising awareness about the benefits of Pracaxi oil. The global Pracaxi oil market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into medicinal and cosmetic oils. The application segment includes organic oils and common oils. Region-wise, it is analyzed across North America, Latin America, Europe Asia Pacific (APAC),and Middle East & Africa (MEA). Some key players operating in this market are: AOS Products Private Limited; Amazon Therapeutics Inc.; Bionova Lifesciences Pvt Ltd; Dabur India Ltd.; Herbal Hills Co., Ltd.; KGK Synergize Inc.
Pracaxi oil is a vegetable oil that is extracted from the seeds of the Pracaxi tree. The oil has a number of uses, including as an ingredient in cosmetics and skin care products, as well as in cooking.
Pracaxi oil is a plant-based medicinal oil that has been used traditionally by the native people of Chile for therapeutic purposes. It is also known as Chilean guggul, with its main active constituent being guarana (naringenin-diol) which has antiseptic, anti-inflammatory and stimulant properties.
The medicinal value of pracaxi oil includes treatment for skin cancer, leprosy, ringworm.
Cosmetic is the branch of medical science that deals with the care of the skin, hair and their accessories. Cosmetics are used for improving, maintaining or restoring health by preventing or removing disease from the body. The cosmetics industry includes a range of products such as skincare, haircare, oral care among others which cater to different needs according to consumer age group and region.
The organic oil segment accounted for the largest revenue share of over 60.0% in 2017 and is expected to witness significant growth during the forecast period. The segment is further divided into two categories, namely medicinal and cosmetic oils. Common oil, which comprises light-grade and dark-grade pracaxi¢â‚¬â„¢s oil, accounts for a smaller market share as compared to its medicinal counterpart in cosmetics applications due to higher costs involved in its production process. However, common grades of pracaxi are cheaper than other types of exotic oils that are used as substitutes for it by various manufacturers across the globe owing to lower costs associated with their production processes coupled with shorter shelf life resulting in increased competition among manufacturers on an international level which eventually results in lowering prices followed by increased sales volumes leading towards greater market penetration globally over time frame considered within this study period (2018 - 2030).
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position through the forecast period owing to high product demand from various application segments, including organic oil and common oil. Increasing population coupled with rising consumer disposable income levels in emerging countries of Asia Pacific, such as China and India, is likely to have a positive impact on industry growth over the next eight years.
China accounted for approximately 80% of total regional volume share in 2017 due to high product consumption by domestic manufacturers for producing medicines and cosmetics products. Medicines constitute a major share of Chinese pharmaceutical market which has been growing at an exponential rate since 2010s due to increasing geriatric population prone toward chronic diseases that require long-term treatment plans thus driving up drug demand within Chinaâ€™s borders thereby propelling pracaxi oil industry growth within country over past few years.
- Increasing demand from the cosmetics industry for natural ingredients
- Rising awareness of the benefits of Pracaxi oil among consumers
- Growing popularity of Pracaxi oil as a natural hair treatment remedy
- Increased investment in research and development to improve extraction process and quality of Pracaxi oil
- Expansion of distribution channels to reach more consumers
Scope Of The Report
Pracaxi Oil Market Research Report
Organic Oil, Common Oil
SMA Collaboratives, Citróleo Group, Biocosmethic, New Directions Aromatics, Socri, ProTec Botanica
North America, Europe, APAC, Latin America, MEA
2019 to 2020 (Data from 2010 can be provided as per availability)
Number of Pages
Number of Tables & Figures
Yes, the report can be customized as per your need.
Global Pracaxi Oil Market Report Segments:
The global Pracaxi Oil market is segmented on the basis of:
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.
Organic Oil, Common Oil
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:
- SMA Collaboratives
- Citróleo Group
- New Directions Aromatics
- ProTec Botanica
Highlights of The Pracaxi 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:
- By Application:
- Organic Oil
- Common Oil
- 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 Pracaxi 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.
- North America
- 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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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?
Pracaxi oil is a natural, cold-pressed oil derived from the Pracaxi cactus. It is used as a natural skin care ingredient to treat various skin conditions and problems.
Some of the key players operating in the pracaxi oil market are SMA Collaboratives, Citr³leo Group, Biocosmethic, New Directions Aromatics, Socri, ProTec Botanica.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pracaxi 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 Pracaxi Oil Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Pracaxi 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 Pracaxi 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 Pracaxi Oil Market Size & Forecast, 2020-2028 4.5.1 Pracaxi Oil Market Size and Y-o-Y Growth 4.5.2 Pracaxi Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
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
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
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 Organic Oil
6.2.2 Common Oil
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pracaxi Oil Market Analysis and Forecast by Region
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 Pracaxi Oil Market Size Forecast by Region
7.2.1 North America
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
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.2 North America Market Size Forecast by Country
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
9.7 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 Organic Oil
9.10.2 Common Oil
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
10.2 Europe Market Size Forecast by Country
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
10.7 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 Organic Oil
10.10.2 Common Oil
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
11.2 Asia Pacific Market Size Forecast by Country
11.2.3 South Korea
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
11.7 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 Organic Oil
11.10.2 Common Oil
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
12.2 Latin America Market Size Forecast by Country
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
12.7 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 Organic Oil
12.10.2 Common Oil
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
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
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
13.7 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 Organic Oil
13.10.2 Common Oil
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 Pracaxi Oil Market: Competitive Dashboard
14.2 Global Pracaxi Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SMA Collaboratives
14.3.2 Citróleo Group
14.3.4 New Directions Aromatics
14.3.6 ProTec Botanica