| Product Code: ETC219388 | Publication Date: Aug 2023 | 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 |
Indonesia`s import trend for borage oil in 2024 exhibited a notable growth rate of 30.71% compared to the previous year, with a compound annual growth rate (CAGR) of 23.46% from 2020 to 2024. This import momentum can be attributed to increasing demand for borage oil in various industries, reflecting a positive shift in market dynamics.
Furthermore, the Indonesia borage oil market is set to flourish in the coming years. Borage oil is gaining popularity for its rich omega-6 fatty acid content and potential health benefits. As consumers become more health-conscious and seek natural remedies, the demand for borage oil is projected to rise.
The borage oil market in Indonesia is expected to grow due to the rising demand for natural health supplements and herbal remedies. Borage oil, derived from borage seeds, is known for its high content of gamma-linolenic acid (GLA), which offers several health benefits. The increasing consumer awareness of natural remedies and the growing health and wellness industry are driving the market`s expansion.
Limited awareness of borage oil`s potential health benefits and competition from other herbal supplements could be challenges for this market.
The borage oil market experienced fluctuations during the COVID-19 pandemic due to disruptions in the supply chain and a decline in consumer spending. However, as the economy recovers and the demand for dietary supplements and natural skincare products increases, the borage oil market is projected to witness growth.
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 Indonesia Borage Oil Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Borage Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Borage Oil Market - Industry Life Cycle |
3.4 Indonesia Borage Oil Market - Porter's Five Forces |
3.5 Indonesia Borage Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Borage Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the health benefits of borage oil |
4.2.2 Increasing demand for natural and organic products in Indonesia |
4.2.3 Rising disposable income leading to higher spending on wellness products |
4.3 Market Restraints |
4.3.1 Limited availability of borage oil in the Indonesian market |
4.3.2 Fluctuations in raw material prices affecting product pricing and profitability |
5 Indonesia Borage Oil Market Trends |
6 Indonesia Borage Oil Market, By Types |
6.1 Indonesia Borage Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Borage Oil Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Indonesia Borage Oil Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.4 Indonesia Borage Oil Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.1.5 Indonesia Borage Oil Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.1.6 Indonesia Borage Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Borage Oil Market Import-Export Trade Statistics |
7.1 Indonesia Borage Oil Market Export to Major Countries |
7.2 Indonesia Borage Oil Market Imports from Major Countries |
8 Indonesia Borage Oil Market Key Performance Indicators |
8.1 Number of new product launches containing borage oil |
8.2 Growth in the number of borage oil suppliers in Indonesia |
8.3 Consumer demand for borage oil-based products |
8.4 Adoption rate of borage oil in the beauty and wellness industry in Indonesia |
8.5 Investment in research and development for borage oil products |
9 Indonesia Borage Oil Market - Opportunity Assessment |
9.1 Indonesia Borage Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Borage Oil Market - Competitive Landscape |
10.1 Indonesia Borage Oil Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Borage Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |