Market revenue in 2022 | USD 44.4 million |
Market revenue in 2030 | USD 86.3 million |
Growth rate | 8.6% (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 |
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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 59.68% in 2022. Horizon Databook has segmented the North America jojoba oil market based on cold pressed, refined covering the revenue growth of each sub-segment from 2018 to 2030.
North America is one of the prominent producers and consumer of jojoba oil. Rising demand from cosmetics, personal care and pharmaceutical industries is anticipated to further drive the market demand over the forecast period.
The region is home to some of the major cosmetics market including the U.S., Canada and Mexico. The U.S. jojoba oil market is developing and gaining importance on account of the presence of high-performance ingredients such omega 3, triterpenoids, and tocopherols.
These ingredients help accelerate cell growth and strengthen anti-inflammatory & antiseptic features of the human body. In the U.S., favorable regulatory scenario along with technology innovation aiming for chemical and microbiology quality enhancement is expected to contribute to the overall market growth.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America jojoba oil market , including forecasts for subscribers. This continent databook contains high-level insights into North America jojoba oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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