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Vegetable Oils in Beauty and Personal Care Market Size, Share, and Trends

asianewswire.net by asianewswire.net
November 18, 2022
in Press Releases
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(EMAILWIRE.COM, November 18, 2022 ) According to a research report “Vegetable Oils in Beauty and Personal Care Market by Application (Color Cosmetics, Skin Care, Hair Care), Nature (Conventional, Organic), Type (Coconut, Sweet Almond, Jojoba, Argan, Apricot, Pomegranate, Avocado) and Region – Global Forecast to 2027″ published by MarketsandMarkets, the global vegetable oils in beauty and personal care market is projected to reach USD 5.8 billion by 2027 from USD 4.4 billion by 2022, at a CAGR of 5.7% during the forecast period in terms of value.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=45404454

The beauty and personal care industry continues to incorporate jojoba oils into multiple products, due to its molecular simplicity and nourishing properties

Jojoba oil is an essential vegetable oil that is odorless and obtained from the crushed bean of the jojoba shrub. It is an effective cleanser, conditioner, moisturizer, and softener for the skin and hair as a cosmetic. Due to the uniqueness of jojoba oil, cosmetic manufacturers in Europe, Japan, Israel, and Mexico have used it and its derivatives in cleansing oil, facial oil, and oil serum. Jojoba oils molecular simplicity, stability under high temperature and pressure, tolerance for drought conditions, unsaturation characteristics, and long shelf life are qualities that make it an excellent choice for use in beauty and personal care products. Companies such as SOPHIM (France) and Sigma Oil Seeds (Netherlands) provide jojoba oil for beauty and personal care products. In December 2021, Mk jojoba Company, in the Middle East and Africa, announced the launch of 22 natural, medicinal “cosmetic” products of high-quality pure jojoba oil in local markets under the “Leaprance” brand.

Organic vegetable oils in beauty and personal care market to witness high demand, due to increased demand for natural and organic products

Organic vegetable oils are in high demand in the market as they are perceived to be safer and devoid of harmful chemicals than conventional products. Organic oils like olive and coconut are popular in the market. Organic products are made from agricultural products that have not been grown or processed using fertilizers, growth regulators, livestock feeds, pesticides, additives, or bio-engineered genes (GMOs). Since the demand for organic beauty and personal care products is increasing, the demand for organic vegetable oils is also rising.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=45404454

The growth of the vegetable oils in beauty and personal care market in Europe is driven by the demand for products that are free from chemicals and safe

Natural cosmetics are becoming increasingly popular in Europe with the growing awareness of healthy lifestyles and the gradual shift to cleaner, chemical-free products. The consumer demand for cosmetics products that do not contain chemicals is expected to fuel market growth. Palm oil is well-known in the cosmetics industry. On the other hand, concerns about deforestation are creating a strong demand for environmentally friendly alternatives. Companies in the cosmetics industry aim to replace palm kernel oil-based ingredients in their formulations. Unilever (UK), in collaboration with Geno (India), will invest USD 120 million in biotechnology alternatives for unsustainable ingredients in 2022. The collaborations aim to scale plant-based alternatives to materials like palm oil and fossil fuels for hygiene and personal care products.

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as BASF SE (Germany), CREMER OLEO GmbH & Co. KG (Germany), SOPHIM (France), ADM (US), Maverik Oils (US), Australian Botanical Products (Australia), Zapach International (India), Ernesto Ventós S.A. (Spain), Louis Dreyfus Company (Netherlands), Cargill, Incorporated (US), Vantage Specialty Chemicals (US), OLVEA (France), All Organic Treasures GmbH (Germany), Gustav Heess GmbH (Germany), PRODIGIA (Morocco), Jayant Agro-Organics Limited (India), Sigma Oil Seeds B.V. (Netherlands), and ConnOils LLC (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441



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