Product Code: PM3268
The global jojoba oil market size is expected to reach USD 270.81 million by 2032, according to a new study by Polaris Market Research. The report "Jojoba Oil Market Share, Size, Trends, Industry Analysis Report, By Type; By Application (Cosmetics & Personal Care, Pharmaceutical); By Sales Channel; By Grade; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Jojoba oil has gained significant attention in the market due to its versatility, eco-friendliness, and multi-functional properties, making it a demandable ingredient in various industries such as cosmetics, healthcare, and food. The global demand for natural and organic products is on the rise, supplying huge opportunities for jojoba oil to serve as a growth factor for the market. Its promising growth course is expected to stimulate further development and progress in the future.
Apart from the aforementioned factors, the growing consumer preference for eco-friendly and sustainable products across various industries is also contributing to the growth of the jojoba oil market. The unique properties of jojoba oil, such as long shelf life, stability, and high oxidative stability, have made it a popular ingredient in the cosmetics and personal care industry, further fueling its growth potential.
Additionally, the expanding scope of application of jojoba oil in pharmaceuticals and industrial applications is expected to contribute to its growth in the future, showing a positive growth outlook for the market.
For instance, in April 2022, Jojoba Desert has collaborated with the Lycored to form JD Phyto-or 1 percent, which led to the natural skin repair, with enhanced skin elasticity, improved skin tone, reduces the appearance of wrinkles, protect the skin from reactive oxygen species and UV radiation damage, and benefits of healthy hair.
Jojoba Oil Market Report Highlights
Cosmetics & personal care segment accounted for largest market share due to growing benefits of jojoba oil, such as its ability to moisturize, alleviate inflammation, skin tightening and combat aging.
The refined jojoba oil segment held a significant market revenue share due to its increasing demand for natural and organic products in the cosmetics, personal care, and pharmaceutical industries is expected to drive the growth of the refined jojoba oil segment in the forecast period.
Winterized jojoba oil is a process having growing demand in cosmetics, personal care, and pharmaceuticals due to its stability at low temperatures and moisturizing properties. The process cuts waxy esters from the oil, making it ideal in skincare products such as lip balms and lotions.
The B2B segment led the industry with a holding of significant revenue share and plays a significant role, also jojoba oil sold in bulk quantities to other businesses for further processing and use in their products.
North America region dominated the market in 2022, accounting highest revenue owing to the expansion of the refined oil and cosmetics & personal care sector in such countries.
The global key market players include: Purcell Jojoba, Inca Oil, Ecooil, ConnOils, Jojoba Naturals, and Jojoba Desert.
Polaris Market Research has segmented the jojoba oil market report based on type, application, sales channel, grade, and region:
Jojoba Oil Market, Type Outlook (Volume - Tons, Revenue - USD Million, 2019 - 2032)
Jojoba Oil Market, Application Outlook (Volume - Tons, Revenue - USD Million, 2019 - 2032)
- Cosmetics & Personal Care
- Pharmaceutical
- Industrial
- Others
Jojoba Oil Market, Sales Channel Outlook (Volume - Tons, Revenue - USD Million, 2019 - 2032)
Jojoba Oil Market, Grade Outlook (Volume - Tons, Revenue - USD Million, 2019 - 2032)
- Winterized
- Lite Jojoba (Bleached Jojoba)
Jojoba Oil Market, Regional Outlook (Volume - Tons, Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Thailand
- Australia
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Qatar
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Jojoba Oil Market Insights
- 4.1. Jojoba Oil - Industry Snapshot
- 4.2. Jojoba Oil Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing demand for nutraceutical & pharmaceutical products
- 4.2.1.2. Rising demand for naturally sourced cosmetics and personal care products
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Higher Prices & Availability Of Substitutes
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Jojoba Oil Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Jojoba Oil Market, by Sales Channel
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 5.3. B2B
- 5.3.1. Global Jojoba Oil Market, by B2B, by Region, 2019-2032 (USD Million)
- 5.4. B2C
- 5.4.1. Global Jojoba Oil Market, by B2C, by Region, 2019-2032 (USD Million)
6. Global Jojoba Oil Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 6.3. Cosmetics & Personal Care
- 6.3.1. Global Jojoba Oil Market, by Cosmetics & Personal Care, by Region, 2019-2032 (USD Million)
- 6.4. Pharmaceutical
- 6.4.1. Global Jojoba Oil Market, by Pharmaceutical, by Region, 2019-2032 (USD Million)
- 6.5. Industrial
- 6.5.1. Global Jojoba Oil Market, by Industrial, by Region, 2019-2032 (USD Million)
- 6.6. Others
- 6.6.1. Global Jojoba Oil Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Jojoba Oil Market, by Grade
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 7.3. Winterized Jojoba
- 7.3.1. Global Jojoba Oil Market, by Winterized Jojoba, by Region, 2019-2032 (USD Million)
- 7.4. Lite Jojoba (Bleached Jojoba)
- 7.4.1. Global Jojoba Oil Market, by Lite Jojoba (Bleached Jojoba), by Region, 2019-2032 (USD Million)
- 7.5. Others
- 7.5.1. Global Jojoba Oil Market, by Others, by Region, 2019-2032 (USD Million)
8. Global Jojoba Oil Market, by Type
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 8.3. Cold-Pressed
- 8.3.1. Global Jojoba Oil Market, by Cold-Pressed, by Region, 2019-2032 (USD Million)
- 8.4. Refined
- 8.4.1. Global Jojoba Oil Market, by Refined, by Region, 2019-2032 (USD Million)
9. Global Jojoba Oil Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Jojoba Oil Market Assessment, By Geography, 2019-2032 (USD Million)
- 9.3. Jojoba Oil Market - North America
- 9.3.1. North America: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.3.2. North America: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.3.3. North America: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.3.4. North America: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.3.5. Jojoba Oil Market - U.S.
- 9.3.5.1. U.S.: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.3.5.2. U.S.: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.3.5.3. U.S.: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.3.5.4. U.S.: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.3.6. Jojoba Oil Market - Canada
- 9.3.6.1. Canada: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.3.6.2. Canada: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.3.6.3. Canada: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.3.6.4. Canada: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.4. Jojoba Oil Market - Europe
- 9.4.1. Europe: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.4.2. Europe: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.4.3. Europe: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.4.4. Europe: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.4.5. Jojoba Oil Market - UK
- 9.4.5.1. UK: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.4.5.2. UK: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.4.5.3. UK: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.4.5.4. UK: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.4.6. Jojoba Oil Market - France
- 9.4.6.1. France: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.4.6.2. France: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.4.6.3. France: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.4.6.4. France: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.4.7. Jojoba Oil Market - Germany
- 9.4.7.1. Germany: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.4.7.2. Germany: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.4.7.3. Germany: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.4.7.4. Germany: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.4.8. Jojoba Oil Market - Italy
- 9.4.8.1. Italy: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.4.8.2. Italy: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.4.8.3. Italy: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.4.8.4. Italy: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.4.9. Jojoba Oil Market - Spain
- 9.4.9.1. Spain: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.4.9.2. Spain: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.4.9.3. Spain: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.4.9.4. Spain: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.4.10. Jojoba Oil Market - Netherlands
- 9.4.10.1. Netherlands: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.4.10.2. Netherlands: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.4.10.3. Netherlands: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.4.10.4. Netherlands: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.4.11. Jojoba Oil Market - Russia
- 9.4.11.1. Russia: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.4.11.2. Russia.: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.4.11.3. Russia: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.4.11.4. Russia: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.5. Jojoba Oil Market - Asia Pacific
- 9.5.1. Asia Pacific: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.5.2. Asia Pacific: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.5.3. Asia Pacific: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.5.4. Asia Pacific: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.5.5. Jojoba Oil Market - China
- 9.5.5.1. China: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.5.5.2. China.: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.5.5.3. China: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.5.5.4. China: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.5.6. Jojoba Oil Market - India
- 9.5.6.1. India: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.5.6.2. India.: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.5.6.3. India: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.5.6.4. India: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.5.7. Jojoba Oil Market - Japan
- 9.5.7.1. Japan: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.5.7.2. Japan.: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.5.7.3. Japan: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.5.7.4. Japan: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.5.8. Jojoba Oil Market - Malaysia
- 9.5.8.1. Malaysia: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.5.8.2. Malaysia.: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.5.8.3. Malaysia: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.5.8.4. Malaysia: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.5.9. Jojoba Oil Market - Indonesia
- 9.5.9.1. Indonesia: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.5.9.2. Indonesia.: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.5.9.3. Indonesia: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.5.9.4. Indonesia: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.5.10. Jojoba Oil Market - South Korea
- 9.5.10.1. South Korea: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.5.10.2. South Korea.: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.5.10.3. South Korea: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.5.10.4. South Korea: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.6. Jojoba Oil Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.6.2. Middle East & Africa: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.6.3. Middle East & Africa: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.6.4. Middle East & Africa: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.6.5. Jojoba Oil Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.6.5.2. Saudi Arabia: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.6.5.3. Saudi Arabia: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.6.5.4. Saudi Arabia: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.6.6. Jojoba Oil Market - South Africa
- 9.6.6.1. South Africa: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.6.6.2. South Africa: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.6.6.3. South Africa: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.6.6.4. South Africa: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.6.7. Jojoba Oil Market - Israel
- 9.6.7.1. Israel: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.6.7.2. Israel: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.6.7.3. Israel: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.6.7.4. Israel: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.6.8. Jojoba Oil Market - UAE
- 9.6.8.1. UAE: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.6.8.2. UAE: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.6.8.3. UAE: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.6.8.4. UAE: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.7. Jojoba Oil Market - Latin America
- 9.7.1. Latin America: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.7.2. Latin America: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.7.3. Latin America: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.7.4. Latin America: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.7.5. Jojoba Oil Market - Mexico
- 9.7.5.1. Mexico: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.7.5.2. Mexico: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.7.5.3. Mexico: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.7.5.4. Mexico: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.7.6. Jojoba Oil Market - Brazil
- 9.7.6.1. Brazil: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.7.6.2. Brazil: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.7.6.3. Brazil: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.7.6.4. Brazil: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
- 9.7.7. Jojoba Oil Market - Argentina
- 9.7.7.1. Argentina: Jojoba Oil Market, by Sales Channel, 2019-2032 (USD Million)
- 9.7.7.2. Argentina: Jojoba Oil Market, by Type, 2019-2032 (USD Million)
- 9.7.7.3. Argentina: Jojoba Oil Market, by Application, 2019-2032 (USD Million)
- 9.7.7.4. Argentina: Jojoba Oil Market, by Grade, 2019-2032 (USD Million)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Purcell Jojoba
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Inca Oil
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. EcoOil
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Connoils
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Jojoba Naturals
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Hallstar
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Nutrix
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Organic Group
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. OPW Ingredients
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Kendo Holdings
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
- 11.11. Eve Taylor London
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development
- 11.12. International Trading Corp
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
- 11.12.4. Recent Development
- 11.13. KimchiKristy
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Benchmarking
- 11.13.4. Recent Development
- 11.14. Creative Nail Design
- 11.14.1. Company Overview
- 11.14.2. Financial Performance
- 11.14.3. Product Benchmarking
- 11.14.4. Recent Development
- 11.15. Innocosma Organics
- 11.15.1. Company Overview
- 11.15.2. Financial Performance
- 11.15.3. Product Benchmarking
- 11.15.4. Recent Development
- 11.16. Logocos Naturkosmetik
- 11.16.1. Company Overview
- 11.16.2. Financial Performance
- 11.16.3. Product Benchmarking
- 11.16.4. Recent Development