Market Overview:
The global starflower oil market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. Starflower oil is extracted from the seeds of starflower plant and has various applications in cosmetics, pharmaceuticals, dietary supplements, and others. The growth of the global starflower oil market can be attributed to factors such as rising demand for natural ingredients in cosmetics products and increasing awareness about benefits associated with its use. Based on type, the global starflower oil market is segmented into pharmaceutical grade and cosmetic grade. Pharmaceutical grade segment accounted for a larger share of the global market in 2017 owing to its growing demand from pharmaceutical companies for use in drug formulations. Based on application, the global market is segmented into cosmetics, pharmaceuticals, dietary supplements, and others (including animal feed). Cosmetics was the largest application segment in 2017 due to rising consumer preference for natural ingredients-based personal care products across regions. Geographically speaking North America held a dominant position followed by Europe & Asia Pacific respectively as pertains Star Flower Oil Market Share Analysis By Region In terms value during 2017; however APAC region will grow at highest CAGR over forecast period owing increaseing trend among consumers towards herbal based product over chemical laden counterparts which are available easily off shelf .
Product Definition:
Starflower oil is an edible oil that is extracted from the seeds of the starflower plant. It has a mild, nutty flavor and a light texture. Starflower oil is high in monounsaturated fatty acids, which makes it a healthy choice for cooking. It is also rich in antioxidants and vitamin E, which make it beneficial for skin health.
Pharmaceutical Grade:
Pharmaceutical grade is the purest form of any drug or medicine. It's used in medicines and drugs to treat diseases like high blood pressure, diabetes, asthma, arthritis and other chronic disorders. The main factor that differentiates it from regular or crude oil is its purity level which is 99%.
It has a wide range of applications in various industries such as cosmetics & personal care products manufacturing; food & beverage processing industry; lubricant blending industry; pharmaceuticals production etc.
Cosmetic Grade:
Cosmetic grade is the product that is used in personal care products such as skincare, haircare, makeup, and oral care. It helps to improve skin elasticity and smoothness. Cosmetic grade starflower oil has excellent moisturizing properties which are beneficial for dry skin people because of its hydrating nature.
Application Insights:
The other application segment includes food and beverages, cosmetics, pharmaceuticals and nutraceuticals. The others segment held the largest share of the global starflower oil market in 2017. This is due to rising demand for cosmetic products with natural ingredients from consumers around the world. Increasing awareness regarding personal care products that contain chemicals has also positively influenced product demand in this segment over recent years.
The dietary supplements segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing health consciousness among individuals globally coupled with growing aging population in countries such as China and India who are more susceptible to deficiencies of vitamin E and omega 3 fatty acids respectively which are provided by this product (in capsule form) along with its consumption.
Regional Analysis:
North America starflower oil market is expected to witness significant growth over the forecast period owing to the presence of a large number of global pharmaceuticals and cosmetics manufacturers. The region accounted for more than 50% share in terms of revenue in 2017, which can be attributed to high product demand as a result of rising consumer awareness regarding health and wellness.
Asia Pacific is anticipated to register fastest CAGR from 2018 to 2030 due its rapidly growing medical sector coupled with increasing per capita income levels among developing countries such as China, India, Indonesia, Malaysia Philippines Thailand Vietnam. These factors are projecteded drive the demand for natural ingredients across various applications such as personal care products and supplements.
The Middle East & Africa region is also likelyto experience healthy growth on account of rapid expansion plans laid down by major regional players operating in this industry including Nouryon LLC.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of starflower oil
- Growing popularity of plant-based diets
- Increased use of starflower oil in personal care products
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Starflower Oil Market Research Report
By Type
Pharmaceutical Grade, Cosmetic Grade
By Application
Cosmetics, Pharmaceuticals, Dietary Supplements, Others
By Companies
Aromex, Connoils, Northstar Lipids, Shenyang Phytocare Ingredients, Gustav Heess, Caribbean Natural, OQEMA, Biocosmethic, A&A Fratelli Parodi, R.I.T.A, All Organic Treasures, Esperis, Vantage Specialty Ingredients, Paradigm Science, Aldivia, OLVEA Vegetable Oils, Avestia Pharma, Soyatech International, Icelandirect Inc
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Starflower Oil Market Report Segments:
The global Starflower Oil market is segmented on the basis of:
Types
Pharmaceutical Grade, Cosmetic Grade
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
Cosmetics, Pharmaceuticals, Dietary Supplements, 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:
- Aromex
- Connoils
- Northstar Lipids
- Shenyang Phytocare Ingredients
- Gustav Heess
- Caribbean Natural
- OQEMA
- Biocosmethic
- A&A Fratelli Parodi
- R.I.T.A
- All Organic Treasures
- Esperis
- Vantage Specialty Ingredients
- Paradigm Science
- Aldivia
- OLVEA Vegetable Oils
- Avestia Pharma
- Soyatech International
- Icelandirect Inc
Highlights of The Starflower 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:
- Pharmaceutical Grade
- Cosmetic Grade
- By Application:
- Cosmetics
- Pharmaceuticals
- Dietary Supplements
- 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 Starflower 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?
Starflower oil is a natural, cold-pressed oil that is derived from the starflower plant. It has a light, floral scent and is used in skin care products to help improve the appearance of skin texture and tone.
Some of the key players operating in the starflower oil market are Aromex, Connoils, Northstar Lipids, Shenyang Phytocare Ingredients, Gustav Heess, Caribbean Natural, OQEMA, Biocosmethic, A&A Fratelli Parodi, R.I.T.A, All Organic Treasures, Esperis, Vantage Specialty Ingredients, Paradigm Science, Aldivia, OLVEA Vegetable Oils, Avestia Pharma, Soyatech International, Icelandirect Inc.
The starflower oil market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Starflower 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 Starflower Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Starflower 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 Starflower 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 Starflower Oil Market Size & Forecast, 2020-2028
4.5.1 Starflower Oil Market Size and Y-o-Y Growth
4.5.2 Starflower 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 Pharmaceutical Grade
5.2.2 Cosmetic Grade
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 Cosmetics
6.2.2 Pharmaceuticals
6.2.3 Dietary Supplements
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Starflower 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 Starflower 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 Pharmaceutical Grade
9.6.2 Cosmetic Grade
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 Cosmetics
9.10.2 Pharmaceuticals
9.10.3 Dietary Supplements
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 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 Pharmaceutical Grade
10.6.2 Cosmetic Grade
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 Cosmetics
10.10.2 Pharmaceuticals
10.10.3 Dietary Supplements
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 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 Pharmaceutical Grade
11.6.2 Cosmetic Grade
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 Cosmetics
11.10.2 Pharmaceuticals
11.10.3 Dietary Supplements
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 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 Pharmaceutical Grade
12.6.2 Cosmetic Grade
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 Cosmetics
12.10.2 Pharmaceuticals
12.10.3 Dietary Supplements
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) 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 Pharmaceutical Grade
13.6.2 Cosmetic Grade
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 Cosmetics
13.10.2 Pharmaceuticals
13.10.3 Dietary Supplements
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 Starflower Oil Market: Competitive Dashboard
14.2 Global Starflower Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aromex
14.3.2 Connoils
14.3.3 Northstar Lipids
14.3.4 Shenyang Phytocare Ingredients
14.3.5 Gustav Heess
14.3.6 Caribbean Natural
14.3.7 OQEMA
14.3.8 Biocosmethic
14.3.9 A&A Fratelli Parodi
14.3.10 R.I.T.A
14.3.11 All Organic Treasures
14.3.12 Esperis
14.3.13 Vantage Specialty Ingredients
14.3.14 Paradigm Science
14.3.15 Aldivia
14.3.16 OLVEA Vegetable Oils
14.3.17 Avestia Pharma
14.3.18 Soyatech International
14.3.19 Icelandirect Inc
