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Global Jojoba Oil Market to reach USD 236.77 Million by the end of 2030

Global Jojoba Oil Market Size study & Forecast, by Type (Cold-pressed, Refined), by Application (Cosmetics & Personal Care, Pharmaceutical, Industrial, Others), by Sales Channel (B2B, B2C), and Regional Analysis, 2023-2030

Product Code: OIRPC-21986909
Publish Date: 15-11-2023
Page: 200

Global Jojoba Oil Market is valued at approximately USD 130.8 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2023-2030. Jojoba oil is a popular ingredient in the personal care and cosmetic industry due to its natural properties. There is a growing trend among consumers to prefer natural and organic products, which is expected to increase demand for jojoba oil in cosmetic products. However, manufacturers in the cosmetics and personal care industries find it challenging to use jojoba oil due to the high cost of raw materials.

Technological advancements have made a significant contribution to the overall demand for jojoba oil by improving its chemical and microbiological qualities. Jojoba oil has a long shelf life, does not oxidize or become rancid, and is resistant to high temperatures and pressure. These qualities make it a popular ingredient in skincare products, which drives the market demand. As per the data of Statista, in 2022, the average expenditure on personal care products per unit consumer unit stood at approximately 420 USD, in the U.S. This shows how increased income and demand for personal care drives the market. The variety of jojoba oil applications in personal care products is expanding rapidly, creating new opportunities for jojoba shrub oil market manufacturers. However, the market’s growth limited by stringent quality standards for jojoba oil.

The key regions considered for the Global Jojoba Oil Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022, driven by growth in the cosmetics, personal care, and pharmaceutical industries. The U.S. jojoba oil industry is gaining importance due to the incorporation of high-performance ingredients such as tocopherols, triterpenoids, and omega 3, which accelerate cell growth and strengthen the body’s anti-inflammatory and antiseptic properties. Asia Pacific is expected to see significant growth in the jojoba oil market due to increasing beauty-conscious consumers, particularly in countries such as South Korea, China, and India.

Major market players included in this report are:
OPW Ingredients GmbH

Purcell Jojoba International LLC.

Inca Oil SA

EcoOil Argentina SA

ConnOils LLC

Jojoba Naturals

Vantage Specialty Chemicals, Inc.


Nutrix International LLC

US Organic Group Corp

Recent Developments in the Market:
In January of 2023, Desert Essence, a prominent brand specializing in jojoba oil, joined forces with The Body Shop to introduce a fresh line of products made from jojoba oil. This collaboration is anticipated to aid both companies in extending their influence in the worldwide jojoba oil market.

Global Jojoba Oil Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Application, Sales Channel, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

By Application:
Cosmetics & Personal Care

By Sales Channel:

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Jojoba Oil Market, by Region, 2020-2030 (USD Million)
1.2.2. Jojoba Oil Market, by Type, 2020-2030 (USD Million)
1.2.3. Jojoba Oil Market, by Application, 2020-2030 (USD Million)
1.2.4. Jojoba Oil Market, by Sales Channel, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Jojoba Oil Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Jojoba Oil Market Dynamics
3.1. Jojoba Oil Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing consumer preference for natural and organic products Technological advancement Longer shelf life of Jojoba Oil
3.1.2. Market Challenges High Cost of raw materials for Jojoba Oil Stringent quality standards
3.1.3. Market Opportunities Increasing disposable income and standard of living of consumers The variety of jojoba oil applications
Chapter 4. Global Jojoba Oil Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Jojoba Oil Market, by Type
5.1. Market Snapshot
5.2. Global Jojoba Oil Market by Type, Performance – Potential Analysis
5.3. Global Jojoba Oil Market Estimates & Forecasts by Type 2020-2030 (USD Million)
5.4. Jojoba Oil Market, Sub Segment Analysis
5.4.1. Cold-pressed
5.4.2. Refined
Chapter 6. Global Jojoba Oil Market, by Application
6.1. Market Snapshot
6.2. Global Jojoba Oil Market by Application, Performance – Potential Analysis
6.3. Global Jojoba Oil Market Estimates & Forecasts by Application 2020-2030 (USD Million)
6.4. Jojoba Oil Market, Sub Segment Analysis
6.4.1. Cosmetics & Personal Care
6.4.2. Pharmaceutical
6.4.3. Industrial
6.4.4. Others
Chapter 7. Global Jojoba Oil Market, by Sales Channel
7.1. Market Snapshot
7.2. Global Jojoba Oil Market by Sales Channel, Performance – Potential Analysis
7.3. Global Jojoba Oil Market Estimates & Forecasts by Sales Channel 2020-2030 (USD Million)
7.4. Jojoba Oil Market, Sub Segment Analysis
7.4.1. B2B
7.4.2. B2C
Chapter 8. Global Jojoba Oil Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Jojoba Oil Market, Regional Market Snapshot
8.4. North America Jojoba Oil Market
8.4.1. U.S. Jojoba Oil Market Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030 Sales Channel breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Jojoba Oil Market
8.5. Europe Jojoba Oil Market Snapshot
8.5.1. U.K. Jojoba Oil Market
8.5.2. Germany Jojoba Oil Market
8.5.3. France Jojoba Oil Market
8.5.4. Spain Jojoba Oil Market
8.5.5. Italy Jojoba Oil Market
8.5.6. Rest of Europe Jojoba Oil Market
8.6. Asia-Pacific Jojoba Oil Market Snapshot
8.6.1. China Jojoba Oil Market
8.6.2. India Jojoba Oil Market
8.6.3. Japan Jojoba Oil Market
8.6.4. Australia Jojoba Oil Market
8.6.5. South Korea Jojoba Oil Market
8.6.6. Rest of Asia Pacific Jojoba Oil Market
8.7. Latin America Jojoba Oil Market Snapshot
8.7.1. Brazil Jojoba Oil Market
8.7.2. Mexico Jojoba Oil Market
8.8. Middle East & Africa Jojoba Oil Market
8.8.1. Saudi Arabia Jojoba Oil Market
8.8.2. South Africa Jojoba Oil Market
8.8.3. Rest of Middle East & Africa Jojoba Oil Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. OPW Ingredients GmbH Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Purcell Jojoba
9.3.3. Inca Oil SA
9.3.4. Eco Oil Argentina SA
9.3.5. ConnOils LLC
9.3.6. Jojoba Naturals
9.3.7. Vantage Specialty Chemicals, Inc.
9.3.8. Hallstar
9.3.9. Nutrix International LLC
9.3.10. US Organic Group Corp
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
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The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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