According to the research of Future Market Insights, the market for Ahiflower Oil is anticipated to expand at a CAGR of 4.4% over the forecasted time period. According to projections, the industry would be worth USD 527.7 Million by 2032, up from USD 343.1 Million in 2022. At the end of 2021, the Ahiflower Oil Market was valued at USD 326.1 Million.
Attributes | Details |
---|---|
Market Size Value in 2022 | USD 343.1 Million |
Market Forecast Value in 2032 | USD 527.7 Million |
Global Growth Rate (2022 to 2032) | 4.4% |
Forecast Period | 2022 to 2032 |
Global Market Share of USA, Germany, Japan, and Australia | 78.8% |
Ahiflower Oil derives from dicot plant seeds of the Buglossoides arvensis, which is a non-genetically modified organism (non-GMO), scientific name of Ahiflower Oil is Lithospermum arvense, and it is exceptionally rich in the essential omega-3 fatty acids stearidonic acid (SDA), gamma-linoleic acid (GLA), and omega-6 fatty acids.
Ahiflower Oil is praised for the unique and unmatched omega-Oil profile it delivers. Ahiflower Oil is highly regarded for its high omega-3 fatty acid content, which experts regard as useful for treating metabolic syndrome and preventing cardiac illness. Ahiflower Oil is comprised of omega-6 fatty acids in just the right quantity, as well as omega-9 fatty acids.
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Considering the benefits of Ahiflower Oil, like lowering cholesterol and reducing plaque, is expected to increase this market of Ahiflower Oil in the future. However, the benefits of this Oil are not limited to improving heart health.
Research has revealed that omega-3 fatty acid helps to reduce joint pain, reduce inflammation, and control brain development. Pure vegetarians would also prefer Ahiflower mineral Oil over any form of fish because it comes from the plant, not a fish. As this product is under study and is considered relatively safe, more beneficial effects of Ahiflower Oil are expected in three to five years, and the demand for this product is expected to rise.
The USA accounted for 34% market share with a market value of USD 116.6 million in 2022. The growing demand for plant-based omega-3 fatty acids and increasing awareness about the health benefits of ahiflower Oil are the major factors driving the growth of the USA ahiflower Oil market.
The Indian Ahiflower Oil market is seeing good growth and is anticipated to grow at a CAGR of 3.4% during the forecast period. The main drivers for this growth are the increasing health consciousness among consumers and the growing preference for natural products.
Ahiflower Oil is a good source of omega-3 fatty acids, which are known to be beneficial for heart health. Additionally, it is also rich in antioxidants and has anti-inflammatory properties. These factors are expected to continue driving demand for Ahiflower Oil in India.
Western Europe has the largest ahiflower Oil market among all regions. The UK now has the largest Ahiflower Oil market due to its large production of and demand for the Oil, which is cultivated on prime farmland of 1000’s hectares throughout the country.
During the forecast period, the Ahiflower Oil market in the UK will grow at a CAGR of around 4.1%. Nature's Crops International and Vertese Natural are two major producers of Ahiflower Oil originating in the UK.
Ahiflower Oil is an increasingly popular ingredient in personal care products. The Oil is derived from the seeds of the Ahiflower plant, a member of the daisy family.
Products that contain Ahiflower Oil can help to improve the appearance of dry, damaged, or inflamed skin. The Oil can also be used to moisturize the scalp and hair, and to reduce frizz.
Ahiflower Oil is a plant-based Oil that is high in omega-3 fatty acids. It is often used in nutritional supplements because it can help to improve heart health, brain function, and joint health. Ahiflower Oil is also a good source of Vitamin E and carotenoids, which are antioxidants that can help to protect cells from damage. Due to these benefits, Ahiflower Oil is used in Nutritional foods.
The Ahiflower Oil market is still in its early days and there are not many players yet. The few existing players are small-scale and relatively unknown. The market is fragmented with many small players competing for space. Ahiflower Oil is a new product and there is little awareness of it among consumers.
The potential for growth in the ahiflower Oil market is huge given its unique properties and health benefits.
FMI has provided the most recent information regarding Ahiflower Oil market price trends, production capacities, scheduled productions, and future sales growth details in the full report.
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Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2022 |
Market Analysis | USD Million for Value and Units for Volume |
Key Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; Asia-Pacific excluding Japan (APEJ); Middle East and Africa (MEA); Japan |
Key Countries Covered |
USA, UK, Germany, India, Canada, Mexico, France, Italy, Spain, China, Japan, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
Key Segments Covered |
Application, Region |
Key Companies Profiled |
Nature’s Crops International; Vertese Natural; Natural Traditions; GreensFIRST Pro |
Report Coverage | Ahiflower Oil Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The Ahiflower Oil Market will reach nearly USD 343.1 Million by 2022.
The Ahiflower Oil Market is expected to rise at a CAGR of 4.4%.
UK and USA are the major countries driving the demand for Ahiflower Oil Market.
The China Ahiflower Oil Market will grow at 3.3% CAGR between 2022 and 2032.
The India Ahiflower Oil Market will grow at 3.4% CAGR between 2022 and 2032.
The UK Ahiflower Oil Market will grow at 4.1% CAGR between 2022 and 2032.
Nature’s Crops International, Vertese Natural, Natural Traditions, and GreensFIRST Pro are the companies dominating the Ahiflower Oil Market.
The global demand for Ahiflower Oil Market is forecasted to surpass USD 527.7 Million by the year 2032.
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