Global Pomegranate Seed Oil Market Size By Type (Chemical Extraction, Physical Squeeze), By Application (Cosmetics, Pharmaceutical), By Distribution Channel (Online, Offline), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Pomegranate Seed Oil Market Size By Type (Chemical Extraction, Physical Squeeze), By Application (Cosmetics, Pharmaceutical), By Distribution Channel (Online, Offline), By Geographic Scope And Forecast
Pomegranate Seed Oil Market Size And Forecast
Pomegranate Seed Oil Market size was valued at USD 539.46 Million in 2023 and is projected to reach USD 773.05 Million by 2030, growing at a CAGR of 4.63% from 2024 to 2030.
Rising demand for high nutritional content promotes the market growth and rising demand for natural, organic, and herbal products in emerging economies another factor are the factors driving market growth. The Global Pomegranate Seed Oil Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Pomegranate Seed Oil Market Definition
Pomegranate seed oil is a beautiful reddish-orange oil made from the seeds of the pomegranate fruit. It is well-known for its high concentration of antioxidants and anti-inflammatory effects, making it a popular component in skincare, haircare, and even cuisine. Pomegranate seed oil is derived by cold pressing, which means the seeds are squeezed without heat to preserve their valuable components. This complex technique yields a small amount of oil, leading to its greater price. In addition, Pomegranate seed oil is ideal for skin that is dry, damaged, or prone to acne. Pomegranate seed oil is high in Omega 5 (punicic acid), Omega 9 (oleic acid), Omega 6 (linoleic acid), and palmitic acid, making it a leading anti-inflammatory skincare ingredient. This naturally occurring chemical mixture relaxes the skin, is suitable for delicate skin, and penetrates the epidermis without irritation.
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Global Pomegranate Seed Oil Market Overview
The rising demand for high nutritional content promotes market growth and rising demand for natural, organic, and herbal products in emerging economies is another factor driving the Pomegranate Seed Oil Market. However, the high cost of pomegranate seed oil due to high manufacturing costs can hamper the growth of the global Pomegranate Seed Oil Market. Also, limited supply and fluctuating production are affecting the market’s growth. The growing retail sector coupled with the rising spending power of consumers in developed and developing countries projected to support the growth of the global Pomegranate Seed Oil Market shortly. Additionally, growing concerns about healthy skin boost the market growth and presents a lucrative opportunity to the market.
The demand for pomegranate seed oil has increased significantly in the past few years, mostly due to consumers’ growing consciousness of and inclination toward high-nutrient products. This increase in demand is indicative of a larger cultural movement in favor of better lifestyles and an increasing understanding of the potential health advantages provided by organic and nutrient-rich foods. Pomegranate seed oil’s distinct composition has made it a sought-after product in several industries, which has fueled its market expansion and broad use.
The kernels of the pomegranate (Punica granatum), a vivid red fruit that has long been valued for its therapeutic qualities, are used to make pomegranate seed oil. Punicic acid, polyphenols, and antioxidants are just a few of the bioactive substances that give this oil its distinctive flavor and nutritional profile. These components may also have positive benefits on health.
Global Pomegranate Seed Oil MarketSegmentation Analysis
The Global Pomegranate Seed Oil Market is segmented on the basis of Type, Application, Distribution Channel, and Geography.
Pomegranate Seed Oil Market, By Type
- Chemical Extraction
- Physical Squeeze
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Based on Type, the market is segmented into Chemical Extraction and Physical Squeeze. Chemical Extraction accounted for the largest market share of 64.34% in 2022, with a market value of USD 347.11 Million and is projected to grow at a CAGR of 5.06% during the forecast period. Physical Squeeze was the second-largest market in 2022, valued at USD 192.35 Million in 2022; it is projected to grow at a CAGR of 3.80%.
Pomegranate Seed Oil Market, By Application
- Cosmetics
- Pharmaceutical
- Industrial
Based on Application, the market is segmented into Cosmetics, Pharmaceutical, and Industrial.
Pomegranate Seed Oil Market, By Distribution Channel
- Online
- Offline
Based on Distribution Channel, the market is segmented into Online and Offline.
Pomegranate Seed Oil Market, By Geography
- North America
- Europe
- Asia Pacific
- Middle East And Africa
- Latin America
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Based on Geography, the Global Pomegranate Seed Oil Market is segmented into North America, Europe, Asia Pacific, Middle East And Africa, and Latin America. Asia Pacific accounted for the largest market share of 31.68% in 2022, with a market value of USD 170.91 Million and is projected to grow at the highest CAGR of 5.61% during the forecast period. North America was the second-largest market in 2022, valued at USD 151.41 Million in 2022; it is projected to grow at a CAGR of 3.93%.
Key Players
The “Global Pomegranate Seed Oil Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are India Essential Oils (Mother Herbs Private Limited), Rakesh Sandal Industries, AG Organica, Kanta Enterprises Private Limited, Jedwards International, Inc., Talya Herbal LLC, Silverline Chemicals, AOS Products Pvt. Ltd., Clia Naturals, ConnOils LLC, Fengchen Group Co., Ltd, Gustav Heess Oleochemische, VedaOils, and Fushi Wellbeing. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
Report Attributes | Details |
---|---|
Study Period | 2020-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2020-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | India Essential Oils (Mother Herbs Private Limited), Rakesh Sandal Industries, AG Organica, Kanta Enterprises Private Limited, Jedwards International, Inc., Talya Herbal LLC. |
Segments Covered | By Type, By Application, By Distribution Channel, By Geography. |
Customization scope | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Pomegranate Seed Oil Market Infographic
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Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
- Provision of market value (USD Billion) data for each segment and sub-segment.Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.
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- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.
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