Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Type (Cold Pressed, Refined), By Application (Cosmetics & Personal Care, Pharmaceutical, Industrial, Others), By Sales Channel (B2B, B2C) And Competitive Landscape
Product Code: ETC079565 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Latin America Jojoba Oil Market is primarily driven by the Agricultural, bio-diesel and food & beverage industries. The growing concern about the side effects of chemicals and synthetic additives used in food & beverages is fuelling demand for natural alternatives like jojoba oil in the market. Jojoba oil has a long shelf life because it does not oxidise or get rancid, and it does not degrade at high temperatures. This characteristic makes it excellent for a range of applications, notably in the cosmetics sector. It can be used in skin-care products such as face moisturisers, facial cleansers, scar and stretch mark minimizers, anti-acne gels, and hair-care products like hair conditioners, detangling creams, and hair regeneration serums. Furthermore, the favourable government policies in Latin America, along with easy availability of feedstock, and the constant goal of reducing carbon emissions will contribute to an increase in demand for the jojoba oil market in the forthcoming years. The flourishing mining and biodiesel sector is also a significant development driver of the market. Moreover, the natural composition of jojoba oil has increased environmental consciousness among industries about the benefits of jojoba oil as the best alternative for diesel leading to the growth in the market. As jojoba oil has several applications in numerous of industries, it also acts as a limiting factor because the seeds of jojoba oil take five years to become available, stifling the jojoba oil market's growth throughout the projected period. Besides that, the outbreak of COVID-19 pandemic has affected nearly all industries, most of the industrial companies were forced to shut down or operate at reduced capacity. Despite this, the demand for jojoba oil has risen in the Bio diesel and cosmetics industries.
According to 6Wresearch, The Latin America Jojoba Oil Market size is projected to grow during 2021-27. The demand in agricultural, food, pharmaceuticals and mining industries has led to the growth of the market. The majority of the oil produced is primarily supplied to cosmetics and pharmaceutical manufacturers, followed by food industry. Brazil is popularly known for its mining industries where jojoba oil plays a significant role as lubricants for pressure machines which lead to frequent demand for the product. Apart from being used as lubricants, jojoba oil is a great alternative fuel for a tractor diesel engine. This oil was used in tractors due to its high temperature and pressure. Since tractors are used as basic logistics in various industries like mining, agricultural, iron & steel and petrochemical. The wide usage of jojoba oil has benefited both the industries and jojoba oil market. Argentina is known for being the first producer and exporter of jojoba. The continuous growth of food industry and consumer preference for healthy foods, strengthens the growth of jojoba oil market. Jojoba oil has the potential to be utilized in the preparation of low-calorie foods and some also use it as cooking oil. Some of the key players in Latin America jojoba oil market are Jojoba Naturals, JD Jojoba Desert, Ecooil, Gustav Heess Oleochemical Products GmbH, Vantage Speciality Chemicals.
The Latin America Jojoba Oil Market has been segmented into type, application and sales channel. In terms of applications, the Jojoba Oil Market is classified into Cosmetics & Personal care, Industrial, and Pharmaceutical. Based on type, the market is divided into two categories cold-pressed and refined. According to the Latin America agricultural Market, Successful plant breeding and the use of efficient mechanical harvesting are major steps in accelerating commercial production of jojoba.
The Latin America Jojoba Oil Market report thoroughly covers the market by type, applications, sales channel and countries including Mexico, Brazil, Argentina along with other key countries. The Latin America jojoba oil market outlook report provides an unbiased and detailed analysis of the ongoing Latin America jojoba oil market trends, opportunity/high growth areas, and the market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
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 Latin America Jojoba Oil Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Jojoba Oil Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Jojoba Oil Market - Industry Life Cycle |
3.4 Latin America Jojoba Oil Market - Porter's Five Forces |
3.5 Latin America Jojoba Oil Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Jojoba Oil Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 Latin America Jojoba Oil Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.8 Latin America Jojoba Oil Market Revenues & Volume Share, By Sales Channel, 2020 & 2027F |
4 Latin America Jojoba Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Jojoba Oil Market Trends |
6 Latin America Jojoba Oil Market, 2017 - 2027 |
6.1 Latin America Jojoba Oil Market, Revenues & Volume, By Type, 2017 - 2027 |
6.2 Latin America Jojoba Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
6.3 Latin America Jojoba Oil Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
7 Brazil Jojoba Oil Market, 2017 - 2027 |
7.1 Brazil Jojoba Oil Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 Brazil Jojoba Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
7.3 Brazil Jojoba Oil Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
8 Mexico Jojoba Oil Market, 2017 - 2027 |
8.1 Mexico Jojoba Oil Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 Mexico Jojoba Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
8.3 Mexico Jojoba Oil Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
9 Argentina Jojoba Oil Market, 2017 - 2027 |
9.1 Argentina Jojoba Oil Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 Argentina Jojoba Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
9.3 Argentina Jojoba Oil Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
10 Rest of Latin America Jojoba Oil Market, 2017 - 2027 |
10.1 Rest of Latin America Jojoba Oil Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 Rest of Latin America Jojoba Oil Market, Revenues & Volume, By Application, 2017 - 2027 |
10.3 Rest of Latin America Jojoba Oil Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
11 Latin America Jojoba Oil Market Key Performance Indicators |
12 Latin America Jojoba Oil Market - Opportunity Assessment |
12.1 Latin America Jojoba Oil Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Jojoba Oil Market Opportunity Assessment, By Type, 2020 & 2027F |
12.3 Latin America Jojoba Oil Market Opportunity Assessment, By Application, 2020 & 2027F |
12.4 Latin America Jojoba Oil Market Opportunity Assessment, By Sales Channel, 2020 & 2027F |
13 Latin America Jojoba Oil Market - Competitive Landscape |
13.1 Latin America Jojoba Oil Market Revenue Share, By Companies, 2020 |
13.2 Latin America Jojoba Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |