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The global jojoba oil derivatives market grew at a CAGR of around 5% during 2015-2020. Jojoba oil is a humectant ingredient extracted from the seeds of Simmondsia Chinensis. Its derivatives are smooth, emollient, and non-greasy, allergenic and comedogenic that assist in maintaining the natural balance of the skin. These derivatives are utilized in the manufacturing of a broad range of cosmetic and personal care products, including oils, soaps, creams, lotions, shampoos, conditioners, moisturizers, foundations, mascara, lipsticks and lip gloss. As they exhibit excellent oxidative stability and solubility, jojoba oil derivatives are also used as a natural additive in lubricant formulations. Moreover, they find application in the food and beverage (F&B) industry as a coating agent.
The rising awareness about the benefits of jojoba oil derivatives, such as healing sunburns, treating dry scalp, preventing chapped lips, stimulating hair growth, managing psoriasis and eczema, and reducing premature aging signs and stretch marks, represents one of the key factors impelling the market growth. Moreover, due to the non-allergenic property of jojoba oil, its derivatives are utilized in the formulation of baby care products. The increasing expenditure of parents on personal hygiene products for infants and children is contributing to the market growth. Apart from this, as jojoba oil does not oxidize and become rancid, its derivatives are combined with biobased and petroleum-based base oils to extend their overall shelf life. Furthermore, as jojoba oil derivatives are biodegradable, edible and economical, their popularity is anticipated to increase over other vegetable oils. Looking forward, IMARC Group expects the global jojoba oil derivatives market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global jojoba oil derivatives market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and application.
Breakup by Product:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Ecooil, Hallstar, Inca Oil SA, Jojoba Desert Inc., LaRonna Jojoba Company, Nutrix International LLC, Provital, Purcell Jojoba, The Jojoba Company Australia and Vantage Specialty Chemicals.
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