Jojoba oil (pronounced ho-HO-ba) is the liquid produced in the seed of the Simmondsia chinensis (Jojoba) plant, a shrub, which is native to southern Arizona, southern California, and northwestern Mexico. The oil makes up approximately 50% of the jojoba seed by weight. The terms "jojoba oil" and "jojoba wax" are often used interchangeably because the wax visually appears to be a mobile oil, but as a wax it is composed almost entirely (~97%) of mono-esters of long-chain fatty acids and alcohols, accompanied by only a tiny fraction of triglyceride esters.

Market Analysis and Insights: Global Jojoba Oil Market

Due to the COVID-19 pandemic, the global Jojoba Oil market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Unrefined Jojoba Oil accounting for % of the Jojoba Oil global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Cosmetics segment is altered to an % CAGR throughout this forecast period.

In North America region, United States is the largest manufacture region with about 40% revenue market share. Mexico is follower with about 34% revenue market share.

The main manufacturers are Desert Whale, Purcell Jojoba, Eco Oil Argentina, La Ronna Jojoba, Jojoba Israel, Provital Group etc. Eco Oil Argentina is the largest manufacturer with about 8% revenue market share in North America.

Global Jojoba Oil Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Jojoba Oil Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


Unrefined Jojoba Oil

Refined Jojoba Oil


Segment by Application


Cosmetics

Diet

Medical Use


By Company


Desert Whale

Purcell Jojoba

Eco Oil Argentina

La Ronna Jojoba

Jojoba Israel

Provital Group


Production by Region



North America

Europe

Israel

Latin America


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina