| 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 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.
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.
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.
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.
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.
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.
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 |