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Jojoba Oil Market Size, Share, Demand, Price Trends, Analysis, Growth and Forecast 2021 to 2026

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IMARC Group’s latest report, titled “Jojoba Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, market reached a volume of 16,318 Tons in 2020. The global jojoba oil market share to reach a volume of 24,352 Tons by 2026. Jojoba oil is a colorless and odorless natural plant oil extracted from the crushed beans of the jojoba shrub. It is a polyunsaturated liquid wax that is similar to sebum in composition, a natural oil produced by human skin.  It contains various vitamins and minerals, including vitamin E and B complex, silicon, chromium, copper, iodine, and zinc. Jojoba oil nourishes dry skin and regulates oil production while reducing the growth of various bacterial and fungal microbes that can damage the skin.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Jojoba Oil Market Trends:

The market is primarily driven by the increasing usage of jojoba oil in manufacturing personal care products. Jojoba oil has a long shelf life as it does not oxidize or become rancid and does not break down under high temperatures and pressure. As a result, it is widely utilized in various personal and skincare products such as facial cleansers, scar, and stretch mark minimizers, moisturizers, anti-acne gels, and hair care products, including de-tangling creams, hair conditioners, and hair regrowth serums. Besides this, jojoba oil is used as a diet supplement and as a key ingredient in several pharmaceutical products to treat sores, cuts, bruises and burns, and athlete’s foot and warts, representing another growth-inducing factor. Furthermore, key manufacturers are investing in research and development (R&D) activities for developing innovative and cost-effective technologies to ensure a consistent supply of oil resources.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • Purcell Jojoba International
  • Eco Oil Argentina SA
  • Egyptian Natural Oil Co.
  • Inca Oil SA
  • The Jojoba Company
  • Desert Whale Jojoba Company

Jojoba Oil Market Segmentation:

Our report has categorized the market based on region, application and distribution channel.

Breakup by Application:

  • Cosmetics
  • Pharmaceutical
  • Industrial
  • Others

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Retailers
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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