Clean beauty and men’s grooming products drive jojoba oil market growth, worth USD 298 million by 2034

Future Market Insights, Inc. (FMI) predicts a bright future for the jojoba oil market driven by the boom in clean beauty, men’s grooming, and multifunctional products. Discover market forces and stakeholder potential with the detailed FMI report.

newark delaware, February 2, 2024 /PRNewswire/ — Global jojoba oil market is expected to reach a valuation of 142.2 million USD in 2024, driven by regulatory and certification compliance. This trend is expected to create new opportunities in the market. CAGR 7.7% Between 2024 and 2034, the total assessed value will be approximately USD 298 million By 2034.

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The clean beauty movement emphasizes products that are free of potentially harmful ingredients such as parabens, sulfates, and synthetic fragrances. Jojoba oil’s natural ingredients align well with clean beauty principles, making it a popular ingredient in formulations that respond to this trend. Manufacturers can capitalize on the growing demand for clean beauty products by highlighting the presence of jojoba oil in their formulations.

The men’s grooming industry has experienced significant growth due to changing social norms and increased focus on men’s personal care. Jojoba oil’s versatility and non-greasy texture make it suitable for use in a variety of men’s grooming products, including beard oil, aftershave, and facial cleanser. As men’s grooming habits evolve, manufacturers have an opportunity to leverage the benefits of jojoba oil to develop specialized products tailored to men’s skin care needs.

Consumers are increasingly seeking multifunctional skin and hair care products that provide multiple benefits in one formulation. Jojoba oil’s ability to moisturize, soothe, and protect skin and hair makes it a valuable ingredient in products such as BB creams, tinted moisturizers, and leave-in conditioners. Manufacturers can capitalize on this trend by incorporating jojoba oil into innovative formulations that address multiple skin and hair care issues simultaneously.

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Jojoba Oil Industry Report Coverage:

Key points from market research

• Global jojoba oil market appreciated 130 USD800,000 people in 2023.

• From 2019 to 2023, market demand expanded at a CAGR of 9.2%.

• market of Japan It is expected to grow at a CAGR of 8.4% until 2034.

• By type, the cold press segment is expected to account for a CAGR of 7.5% till 2034.

• The absolute growth rate of the market dollar is 155.8 million USD During the forecast period.

• market of England Expected to expand at CAGR 9.2% until 2034.

“Jojoba oil suppliers and manufacturers can leverage online channels to reach a wider audience, engage directly with consumers, and gather valuable feedback on product preferences and purchasing habits. E-commerce capabilities and digital Investing in marketing strategies can help companies take advantage of common opportunities.” Sneha Varghese (Senior Consultant, Consumer Products and Commodities).

competitive environment

Prominent players in the Jojoba Oil market teeth:

• parcel jojoba

• Inca Oil SA

• eco oil

• con oils LLC

• jojoba naturals

• JD Jojoba desert

• hall star

• Nutrix International LLC

• US Organic Group Corporation

• OPW material GmbH

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company portfolio

• Inca Oil SA has established a strong presence in the market as one of the pioneers in the jojoba oil industry. The company offers a wide range of jojoba oil-based ingredients for use in cosmetics, skin care, hair care and personal care products.

• JD Jojoba Dessert Co., Ltd. jojoba oil and jojoba Derived ingredients. The company specializes in sustainable cultivation methods and offers a diverse portfolio of natural and organic crops. jojoba petroleum products.

Future Market Insights offers an unbiased analysis of the global Jojoba Oil market with historical data from 2019 to 2023 and forecast statistics from 2024 to 2034.

To understand the Jojoba Oil market opportunities, the market has been segmented into seven categories based on type (cold-pressed, refined), application (cosmetic and personal care, pharmaceutical, industrial, others), and sales (B2B, B2C). Split based on major oils. region (North America, latin america, western europe, eastern europe, south asia &pacific ocean, east asiaand middle east & Africa (MEA)).

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About Future Market Insights Consumer Products Team

Future Market Insights’ consumer products team provides expert analysis, time-efficient research, and strategic recommendations with the aim of providing authentic insights and accurate results to help clients around the world. We provide. With over 100 reports and a repertoire of over 1 million data points, our team has been clearly analyzing markets in over 50 countries for over 10 years. The team provides brief analysis on key trends such as competitive environment, profit margins, and R&D efforts.

About the author:

Sneha Varghese (Senior Consumer Products and Merchandise Consultant) has over 6 years of experience in the market research and consulting industry. She has worked on over 200 of her research questions on consumer retail products.

Her work primarily focuses on driving strategic decision making, cross-functional business operations, technology project planning and management, and successful implementation. She has helped produce insightful and relevant analysis of food and beverage market reports and research, including consumer market, retail, and manufacturer research perspectives. She is also involved in several food magazine and magazine bulletins.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving customers in more than 150 countries. FMI’s head office is dubaiUK, US, India. FMI’s latest market research reports and market analysis help businesses overcome challenges in a fierce competitive landscape and make critical decisions with confidence and clarity. Our customized and syndicated market research reports provide actionable insights that drive sustainable growth. FMI’s expert-led analyst team continuously tracks emerging trends and events across a wide range of industries to ensure our clients meet the evolving needs of consumers.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving customers in more than 150 countries. FMI’s head office is dubaiUK, US, India. FMI’s latest market research reports and market analysis help businesses navigate challenges in a fiercely competitive landscape and make key decisions with confidence and clarity. Our customized and syndicated market research reports provide actionable insights that drive sustainable growth. FMI’s expert-led analyst team continuously tracks emerging trends and events across a wide range of industries to ensure our clients meet the evolving needs of consumers.

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