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Global Vegetable Oils in Beauty and Personal Care Market to reach USD 6.48 billion by the end of 2029.

Global Vegetable Oils in Beauty and Personal Care Market Size study & Forecast, by Type (Coconut, Sweet Almond, Jojoba, Argan, Apricot, Pomegranate, Avocado, Others), Nature (Conventional, Organic), Application (Color Cosmetics, Skin Care, Hair Care) and Regional Analysis, 2022-2029

Product Code: OIRPC-57432959
Publish Date: 2-05-2023
Page: 200

Global Vegetable Oils in Beauty and Personal Care Market is valued approximately USD 4.16 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.7 % over the forecast period 2022-2029. Vegetable oils are a kind of oil which are extracted from various plant-based sources. They are used in food and for cooking and in cosmeceutical applications. The majority of vegetable oils are found in cosmetic products that are liquid, powder, or solid, including emulsions, moisturizers, face creams, lip glosses, eye makeup, and others makeup products. The increasing demand for vegan cosmetics products and rising focus towards sustainable cosmetics products are key factors driving the market growth.

The rising adoption of vegan cosmetics products is contributing towards the growth of the Global Vegetable Oils in Beauty and Personal Care market. For instance – as per Statista – in 2021, the global vegan cosmetics market was valued at USD 16.29 billion, and further the global vegan cosmetics market is projected to grow to USD 20.8 billion dollars by 2025. Also, increasing demand for environmental-friendly substitutes for mineral oils as well as growing disposable income in developing economies would create lucrative growth opportunities for the market over the forecast period. However, volatile cost of raw materials hinders the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Vegetable Oils in Beauty and Personal Care Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and increasing demand for vegan and plant based personal care products in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising emergence of direct to consumer vegan cosmetics brands and growing expansion of personal care industry in the region would create lucrative growth prospectus for the market over the forecast period.

Major market player included in this report are:
BASF SE (Germany)
CREMER OLEO GmbH & Co. KG (Germany)
SOPHIM (France)
ADM (US)
Maverik Oils (US)
Australian Botanical Products (Australia)
Zapach International (India)
Ernesto Ventós S.A. (Spain)
Louis Dreyfus Company (Netherlands)
Cargill, Incorporated (US)

Recent Developments in the Market:
Ø In July 2021, ADM announced investment of USD 350 million to build a new dedicated soybean crushing plant and refinery in Spiritwood, ND.

Global Vegetable Oils in Beauty and Personal Care Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Nature, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
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
Coconut
Sweet Almond
Jojoba
Argan
Apricot
Pomegranate
Avocado
Others
By Nature
Conventional
Organic
By Application
Color Cosmetics
Skin Care
Hair Care

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Vegetable Oils in Beauty and Personal Care Market, by Region, 2019-2029 (USD Billion)
1.2.2. Vegetable Oils in Beauty and Personal Care Market, by Type, 2019-2029 (USD Billion)
1.2.3. Vegetable Oils in Beauty and Personal Care Market, by Nature, 2019-2029 (USD Billion)
1.2.4. Vegetable Oils in Beauty and Personal Care Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Vegetable Oils in Beauty and Personal Care Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Vegetable Oils in Beauty and Personal Care Market Dynamics
3.1. Vegetable Oils in Beauty and Personal Care Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing demand for vegan cosmetics products
3.1.1.2. Rising focus towards sustainable cosmetics products
3.1.2. Market Challenges
3.1.2.1. Volatile cost of raw materials
3.1.3. Market Opportunities
3.1.3.1. Increasing demand for environmental-friendly substitute for mineral oils
3.1.3.2. Growing disposable income in developing economies
Chapter 4. Global Vegetable Oils in Beauty and Personal Care 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. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Vegetable Oils in Beauty and Personal Care Market, by Type
6.1. Market Snapshot
6.2. Global Vegetable Oils in Beauty and Personal Care Market by Type, Performance – Potential Analysis
6.3. Global Vegetable Oils in Beauty and Personal Care Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Vegetable Oils in Beauty and Personal Care Market, Sub Segment Analysis
6.4.1. Coconut
6.4.2. Sweet Almond
6.4.3. Jojoba
6.4.4. Argan
6.4.5. Apricot
6.4.6. Pomegranate
6.4.7. Avocado
6.4.8. Others
Chapter 7. Global Vegetable Oils in Beauty and Personal Care Market, by Nature
7.1. Market Snapshot
7.2. Global Vegetable Oils in Beauty and Personal Care Market by Nature, Performance – Potential Analysis
7.3. Global Vegetable Oils in Beauty and Personal Care Market Estimates & Forecasts by Nature 2019-2029 (USD Billion)
7.4. Vegetable Oils in Beauty and Personal Care Market, Sub Segment Analysis
7.4.1. Conventional
7.4.2. Organic
Chapter 8. Global Vegetable Oils in Beauty and Personal Care Market, by Application
8.1. Market Snapshot
8.2. Global Vegetable Oils in Beauty and Personal Care Market by Application, Performance – Potential Analysis
8.3. Global Vegetable Oils in Beauty and Personal Care Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Vegetable Oils in Beauty and Personal Care Market, Sub Segment Analysis
8.4.1. Color Cosmetics
8.4.2. Skin Care
8.4.3. Hair Care
Chapter 9. Global Vegetable Oils in Beauty and Personal Care Market, Regional Analysis
9.1. Vegetable Oils in Beauty and Personal Care Market, Regional Market Snapshot
9.2. North America Vegetable Oils in Beauty and Personal Care Market
9.2.1. U.S. Vegetable Oils in Beauty and Personal Care Market
9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
9.2.1.2. Nature breakdown estimates & forecasts, 2019-2029
9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Vegetable Oils in Beauty and Personal Care Market
9.3. Europe Vegetable Oils in Beauty and Personal Care Market Snapshot
9.3.1. U.K. Vegetable Oils in Beauty and Personal Care Market
9.3.2. Germany Vegetable Oils in Beauty and Personal Care Market
9.3.3. France Vegetable Oils in Beauty and Personal Care Market
9.3.4. Spain Vegetable Oils in Beauty and Personal Care Market
9.3.5. Italy Vegetable Oils in Beauty and Personal Care Market
9.3.6. Rest of Europe Vegetable Oils in Beauty and Personal Care Market
9.4. Asia-Pacific Vegetable Oils in Beauty and Personal Care Market Snapshot
9.4.1. China Vegetable Oils in Beauty and Personal Care Market
9.4.2. India Vegetable Oils in Beauty and Personal Care Market
9.4.3. Japan Vegetable Oils in Beauty and Personal Care Market
9.4.4. Australia Vegetable Oils in Beauty and Personal Care Market
9.4.5. South Korea Vegetable Oils in Beauty and Personal Care Market
9.4.6. Rest of Asia Pacific Vegetable Oils in Beauty and Personal Care Market
9.5. Latin America Vegetable Oils in Beauty and Personal Care Market Snapshot
9.5.1. Brazil Vegetable Oils in Beauty and Personal Care Market
9.5.2. Mexico Vegetable Oils in Beauty and Personal Care Market
9.5.3. Rest of Latin America Vegetable Oils in Beauty and Personal Care Market
9.6. Rest of The World Vegetable Oils in Beauty and Personal Care Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. BASF SE (Germany)
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. CREMER OLEO GmbH & Co. KG (Germany)
10.2.3. SOPHIM (France)
10.2.4. ADM (US)
10.2.5. Maverik Oils (US)
10.2.6. Australian Botanical Products (Australia)
10.2.7. Zapach International (India)
10.2.8. Ernesto Ventós S.A. (Spain)
10.2.9. Louis Dreyfus Company (Netherlands)
10.2.10. Cargill, Incorporated (US)
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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Market Size Estimation:
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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
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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