Latin America Jojoba Oil Market Size & Outlook, 2022-2030
Latin America jojoba oil market, 2018-2030 (US$M)
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Latin America jojoba oil market highlights
- The Latin America jojoba oil market generated a revenue of USD 20.8 million in 2022.
- The market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
- In terms of segment, cold pressed was the largest revenue generating type in 2022.
- Cold Pressed is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 20.8 million |
| Market revenue in 2030 | USD 35.9 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | Cold pressed |
| Fastest growing segment | Cold Pressed |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cold Pressed, Refined |
| Key market players worldwide | Ecolab Inc, Nutrix International, Opawica Explorations Inc, Jojoba Desert, Lubricantes Inca, US Organic Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 15.9% of the global jojoba oil market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 86.3 million by 2030.
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Jojoba Oil Market Scope
Jojoba Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America jojoba oil market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to jojoba oil market will help companies and investors design strategic landscapes.
Cold pressed was the largest segment with a revenue share of 63.94% in 2022. Horizon Databook has segmented the Latin America jojoba oil market based on cold pressed, refined covering the revenue growth of each sub-segment from 2018 to 2030.
The growth in the region can be attributed to the high production and consumption of jojoba oil from end-use industries such as cosmetics, personal care & pharmaceutical. Brazil is one of the leading producers of jojoba oil in the region.
The country has well established jojoba plantations and large number of companies are engaged in commercial processing and manufacturing of jojoba oil and its derivatives. In Chile, jojoba cultivation exhibits profitable output as well as owing to its favorable climate as well as high quality of soil.
Hence, jojoba oil manufactured in the country is of high quality and yield. Most of the oil produced in the aforementioned countries is supplied to cosmetics and personal care industries. Brazilian cosmetics and personal care industry is rapidly developing with augmented investments from international players along with increasing R& D activities for developing new and innovative products.
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Our clientele includes a mix of jojoba oil market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America jojoba oil market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America jojoba oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America jojoba oil market size, by country, 2018-2030 (US$M)
Latin America Jojoba Oil Market Outlook Share, 2022 & 2030 (US$M)
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