| Product Code: ETC219395 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australia`s import trend for borage oil in 2024 saw a growth rate of 0.87%, with a compound annual growth rate (CAGR) of 12.79% from 2020 to 2024. This steady growth can be attributed to a consistent demand shift towards natural health and wellness products, driving market stability despite external trade pressures.
In Australia, the borage oil market is witnessing growth with the rising demand for natural health supplements and cosmetic ingredients. Borage oil, extracted from the seeds of the Borago officinalis plant, is valued for its high gamma-linolenic acid (GLA) content and skin-nourishing properties, driving its utilization in dietary supplements, skincare products, and aromatherapy formulations.
The Australia borage oil market is driven by factors such as health and wellness trends, nutritional supplements, and cosmetic applications. Borage oil, derived from the seeds of the borage plant, is rich in gamma-linolenic acid (GLA) and omega-6 fatty acids, making it a popular dietary supplement for promoting skin health, hormonal balance, and anti-inflammatory benefits. Moreover, borage oil is used in cosmetic products such as skincare creams, lotions, and hair care products, due to its moisturizing, soothing, and anti-aging properties. With increasing consumer awareness of natural remedies, holistic health approaches, and clean beauty ingredients, there is a growing demand for borage oil products in Australia. Additionally, product innovation, quality assurance, and marketing strategies play a significant role in shaping the Australia borage oil market landscape, with brands focusing on transparency, sustainability, and scientific research to meet consumer expectations and preferences.
Challenges in the Australia borage oil market include sustainable cultivation and oil extraction methods. Adapting to changes in dietary supplement regulations and addressing concerns regarding oil purity are ongoing challenges for borage oil producers.
Government regulations on dietary supplements, nutritional labeling, and health claims influence the borage oil market in Australia. Regulatory bodies ensure product safety, quality control, and advertising practices to protect consumer health. Moreover, government initiatives promoting natural remedies, nutritional supplements, and wellness may influence market demand and consumer preferences.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Borage Oil Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Borage Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Borage Oil Market - Industry Life Cycle |
3.4 Australia Borage Oil Market - Porter's Five Forces |
3.5 Australia Borage Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Borage Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of borage oil |
4.2.2 Growing demand for natural and organic products in the beauty and skincare industry |
4.2.3 Rising adoption of borage oil in pharmaceuticals and dietary supplements |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Regulatory challenges and compliance requirements for borage oil production and marketing |
5 Australia Borage Oil Market Trends |
6 Australia Borage Oil Market, By Types |
6.1 Australia Borage Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Australia Borage Oil Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Australia Borage Oil Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.4 Australia Borage Oil Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.1.5 Australia Borage Oil Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.1.6 Australia Borage Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Australia Borage Oil Market Import-Export Trade Statistics |
7.1 Australia Borage Oil Market Export to Major Countries |
7.2 Australia Borage Oil Market Imports from Major Countries |
8 Australia Borage Oil Market Key Performance Indicators |
8.1 Average price of borage oil in the market |
8.2 Number of new product launches containing borage oil |
8.3 Growth in research and development investment in borage oil products |
9 Australia Borage Oil Market - Opportunity Assessment |
9.1 Australia Borage Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Borage Oil Market - Competitive Landscape |
10.1 Australia Borage Oil Market Revenue Share, By Companies, 2024 |
10.2 Australia Borage Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |