Thailand Borage Oil Market (2025-2031) Outlook | Growth, Forecast, Size, Revenue, Industry, Share, Value, Analysis, Trends & Companies

Market Forecast By Application (Pharmaceutical, Cosmetics, Food & Beverages, Others) And Competitive Landscape
Product Code: ETC219385 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

Thailand Borage Oil Market: Import Trend Analysis

Thailand import trend for borage oil experienced a -4.2% growth rate from 2023 to 2024, with a compound annual growth rate (CAGR) of 5.97% from 2020 to 2024. This decline in import momentum in 2024 may be attributed to shifts in demand patterns or changes in trade policies affecting market stability.

Thailand Borage Oil Market Synopsis

The Thailand Borage Oil Market is a segment of the broader herbal and natural oil industry. Borage oil is derived from the seeds of the borage plant and is known for its high content of gamma-linolenic acid (GLA), an essential fatty acid with various health benefits. This market caters to consumers seeking natural remedies and supplements to support their well-being. Borage oil is commonly used in traditional Thai medicine and is believed to have anti-inflammatory and skin-nourishing properties. The market growth is driven by the increasing interest in alternative medicine and holistic health approaches. To meet the demand for high-quality borage oil, producers focus on sustainable farming practices and efficient extraction methods. The market also benefits from the export of borage oil to the global nutraceutical and dietary supplement industries.

Drivers of the Market

The Thailand Borage Oil market is growing because of the increasing awareness of the health benefits associated with borage oil. Borage oil is rich in gamma-linolenic acid (GLA), which has anti-inflammatory and skin-nourishing properties. As consumers seek natural remedies and supplements to address health concerns, borage oil has gained popularity as a dietary supplement. The market also benefits from the expanding herbal and alternative medicine sectors in Thailand.

Challenges of the Market

In the borage oil market, quality control and consistency in sourcing are crucial issues. Ensuring that borage oil meets the required standards can be challenging, and maintaining a reliable supply chain is essential for businesses in this sector.

COVID-19 Impact on the Market

The Thailand Borage Oil Market faced supply chain disruptions and decreased exports during the COVID-19 pandemic. Borage oil is used in dietary supplements and skincare products, and the global health crisis prompted shifts in consumer spending. As international trade and consumer demand stabilize, the market is expected to recover, with opportunities for manufacturers to focus on product quality and innovation to meet evolving consumer preferences.

Key Players in the Market

In the Thailand borage oil market, key players such as Thai Herbal Products Co., Ltd. have made significant strides. This company is known for its expertise in extracting and processing borage oil, which is valued for its rich gamma-linolenic acid (GLA) content. Their commitment to quality and adherence to stringent production standards has positioned them as a trusted supplier of borage oil, serving both domestic and international markets. Additionally, companies like Thai Organic & Natural Co., Ltd. have capitalized on the increasing demand for organic borage oil, emphasizing sustainability and ethical sourcing practices. These key players have played a pivotal role in popularizing borage oil for its health benefits and diverse applications.

Key Highlights of the Report:

  • Thailand Borage Oil Market Outlook
  • Market Size of Thailand Borage Oil Market, 2024
  • Forecast of Thailand Borage Oil Market, 2031
  • Historical Data and Forecast of Thailand Borage Oil Revenues & Volume for the Period 2021-2031
  • Thailand Borage Oil Market Trend Evolution
  • Thailand Borage Oil Market Drivers and Challenges
  • Thailand Borage Oil Price Trends
  • Thailand Borage Oil Porter's Five Forces
  • Thailand Borage Oil Industry Life Cycle
  • Historical Data and Forecast of Thailand Borage Oil Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Borage Oil Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Thailand Borage Oil Market Revenues & Volume By Cosmetics for the Period 2021-2031
  • Historical Data and Forecast of Thailand Borage Oil Market Revenues & Volume By Food & Beverages for the Period 2021-2031
  • Historical Data and Forecast of Thailand Borage Oil Market Revenues & Volume By Others for the Period 2021-2031
  • Thailand Borage Oil Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Thailand Borage Oil Top Companies Market Share
  • Thailand Borage Oil Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Borage Oil Company Profiles
  • Thailand Borage Oil Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Thailand Borage Oil Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Borage Oil Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Thailand Borage Oil Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Borage Oil Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Borage Oil Market - Industry Life Cycle

3.4 Thailand Borage Oil Market - Porter's Five Forces

3.5 Thailand Borage Oil Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Thailand Borage Oil Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing consumer awareness about the health benefits of borage oil

4.2.2 Increasing demand for natural and organic skincare products

4.2.3 Expansion of the cosmetics and pharmaceutical industries in Thailand

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials and production costs

4.3.2 Stringent regulations and quality standards in the borage oil industry

5 Thailand Borage Oil Market Trends

6 Thailand Borage Oil Market, By Types

6.1 Thailand Borage Oil Market, By Application

6.1.1 Overview and Analysis

6.1.2 Thailand Borage Oil Market Revenues & Volume, By Application, 2021-2031F

6.1.3 Thailand Borage Oil Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.1.4 Thailand Borage Oil Market Revenues & Volume, By Cosmetics, 2021-2031F

6.1.5 Thailand Borage Oil Market Revenues & Volume, By Food & Beverages, 2021-2031F

6.1.6 Thailand Borage Oil Market Revenues & Volume, By Others, 2021-2031F

7 Thailand Borage Oil Market Import-Export Trade Statistics

7.1 Thailand Borage Oil Market Export to Major Countries

7.2 Thailand Borage Oil Market Imports from Major Countries

8 Thailand Borage Oil Market Key Performance Indicators

8.1 Number of new product launches containing borage oil

8.2 Consumer satisfaction levels with borage oil products

8.3 Research and development investment in borage oil technology

9 Thailand Borage Oil Market - Opportunity Assessment

9.1 Thailand Borage Oil Market Opportunity Assessment, By Application, 2021 & 2031F

10 Thailand Borage Oil Market - Competitive Landscape

10.1 Thailand Borage Oil Market Revenue Share, By Companies, 2024

10.2 Thailand Borage Oil Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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