Market Overview:
The global goji seed 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 natural ingredients in cosmetics and food products. Additionally, the growing awareness about the benefits of goji seed oil is also contributing to its growth. The global goji seed oil market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into food grade, cosmetic grade, and others. The cosmetic grade segment is expected to grow at a higher CAGR than other segments during the forecast period owing to rising demand for natural ingredients in cosmetics products. By application, it can be classified into cosmetics industry, food industry, and others. The cosmetics industry segment is anticipated to witness high growth during 2018-2030 due mainly to rising consumer preference for organic and natural ingredients in beauty products across all regions globally.
Product Definition:
The oil is extracted from the seeds of the goji berry, a bright red fruit that is native to China. The oil has a high concentration of fatty acids and vitamin E, which makes it valuable for use in cosmetics and skin care products. Goji seed oil is also said to have anti-inflammatory and antioxidant properties.
Food Grade:
Food grade oil is the one which has been processed & manufactured in such a way that it meets all the food safety, quality and technical requirements as per government standards. Food grade oil is used for cooking, baking and other household purposes. It can be also used for personal care products like skin moisturizers etc., if they are compliant with FDA regulations.
Cosmetic Grade:
Cosmetic grade oil is the one which has been extracted from the seeds of Gogo and used for various skin care products such as moisturizers, face washes, creams, lotions and sunscreens. The seed oil contains essential fatty acids that help in keeping skin hydrated and fresh looking. It also helps in reducing fine lines on the skin owing to its anti-oxidant properties.
Application Insights:
The cosmetics industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Goji seed oil has a high demand from this sector as it is used for various purposes including skin, hair and body care products. The product helps improve skin elasticity, tone and texture making it more youthful looking. It also helps reduce wrinkles caused by aging along with maintaining a healthy glow on the skin surface. This factor will drive demand in this segment over the coming years.
Regional Analysis:
Asia Pacific was the largest market for global goji seed oil, accounting for a share of more than 45% in 2017. The region is expected to continue its dominance over the forecast period as well due to growing health and wellness tourism coupled with increasing awareness about organic products among consumers. China is projected to be one of the major markets in Asia Pacific over the next eight years owing to rapidly expanding cosmetics industry and rising consumer disposable income levels.
North America accounted for a significant share in terms of demand as well as production owing to high consumption levels of food products along with increasing R&D activities by manufacturers on product innovation. Europe also has been witnessing healthy growth rates on account of increased spending power among consumers along with growing middle class population especially in countries like Germany, Italy, France and U.K., which are some of the major importers/producers globally; thus driving growth across all applications regions globally (except Latin America).
Growth Factors:
- Increasing demand for natural and organic personal care products
- Rising awareness about the benefits of goji seed oil among consumers
- Growing popularity of ayurveda and other traditional healing systems that promote the use of goji seed oil
- Proliferation of online retail channels that offer a wide range of goji seed oils at competitive prices
- increasing research on the therapeutic potentials of goji seed oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Goji Seed Oil Market Research Report
By Type
Food Grade, Cosmetic Grade, Others
By Application
Cosmetics Industry, Food Industry, Others
By Companies
Organicway, Formulator Sample Shop, Pure Nature, Ningxia Qixiang Biologic Foodstuff, New Natural Biotechnology, Natural Source Biotech
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Goji Seed Oil Market Report Segments:
The global Goji Seed Oil market is segmented on the basis of:
Types
Food Grade, Cosmetic Grade, Others
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 Industry, Food Industry, 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:
- Organicway
- Formulator Sample Shop
- Pure Nature
- Ningxia Qixiang Biologic Foodstuff
- New Natural Biotechnology
- Natural Source Biotech
Highlights of The Goji Seed 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:
- Food Grade
- Cosmetic Grade
- Others
- By Application:
- Cosmetics Industry
- Food Industry
- 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 Goji Seed 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?
Goji seed oil is a type of vegetable oil that comes from the seeds of the goji berry. It is high in antioxidants and has been shown to have anti-inflammatory properties.
Some of the key players operating in the goji seed oil market are Organicway, Formulator Sample Shop, Pure Nature, Ningxia Qixiang Biologic Foodstuff, New Natural Biotechnology, Natural Source Biotech.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Goji Seed Oil Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Goji Seed Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Goji Seed Oil Market - Supply Chain
4.5. Global Goji Seed Oil Market Forecast
4.5.1. Goji Seed Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Goji Seed Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Goji Seed Oil Market Absolute $ Opportunity
5. Global Goji Seed Oil Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Goji Seed Oil Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Cosmetic Grade
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Goji Seed Oil Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Goji Seed Oil Market Size and Volume Forecast by Application
6.3.1. Cosmetics Industry
6.3.2. Food Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Goji Seed Oil Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Goji Seed Oil Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Goji Seed Oil Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Goji Seed Oil Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Goji Seed Oil Demand Share Forecast, 2019-2026
9. North America Goji Seed Oil Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Goji Seed Oil Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Goji Seed Oil Market Size and Volume Forecast by Application
9.4.1. Cosmetics Industry
9.4.2. Food Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Goji Seed Oil Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Cosmetic Grade
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Goji Seed Oil Demand Share Forecast, 2019-2026
10. Latin America Goji Seed Oil Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Goji Seed Oil Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Goji Seed Oil Market Size and Volume Forecast by Application
10.4.1. Cosmetics Industry
10.4.2. Food Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Goji Seed Oil Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Cosmetic Grade
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Goji Seed Oil Demand Share Forecast, 2019-2026
11. Europe Goji Seed Oil Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Goji Seed Oil Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Goji Seed Oil Market Size and Volume Forecast by Application
11.4.1. Cosmetics Industry
11.4.2. Food Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Goji Seed Oil Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Cosmetic Grade
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Goji Seed Oil Demand Share, 2019-2026
12. Asia Pacific Goji Seed Oil Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Goji Seed Oil Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Goji Seed Oil Market Size and Volume Forecast by Application
12.4.1. Cosmetics Industry
12.4.2. Food Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Goji Seed Oil Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Cosmetic Grade
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Goji Seed Oil Demand Share, 2019-2026
13. Middle East & Africa Goji Seed Oil Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Goji Seed Oil Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Goji Seed Oil Market Size and Volume Forecast by Application
13.4.1. Cosmetics Industry
13.4.2. Food Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Goji Seed Oil Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Cosmetic Grade
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Goji Seed Oil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Goji Seed Oil Market: Market Share Analysis
14.2. Goji Seed Oil Distributors and Customers
14.3. Goji Seed Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Organicway
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Formulator Sample Shop
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pure Nature
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ningxia Qixiang Biologic Foodstuff
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. New Natural Biotechnology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Natural Source Biotech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
