According to Future Market Insights research, during the projected period, the Strawberry Seed Oil market is expected to grow at a CAGR of 4.40%. The market value is projected to increase from USD 826.6 million in 2023 to USD 1,271.5 million by 2033. The Strawberry Seed Oil market was valued at USD 786.5 million at the end of 2021 and is anticipated to exhibit a CAGR growth of 5.10% from 2016 to 2021.
| Attributes | Details |
|---|---|
| Market Size Value in 2023 | USD 826.6 million |
| Market Forecast Value in 2033 | USD 1,271.5 million |
| Global Growth Rate (2023 to 2033) | 4.40% CAGR |
| Forecast Period | 2023 to 2033 |
| CAGR of the United Kingdom in Europe | 5.30% |
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One oil that is particularly high in antioxidants, minerals, and vitamins is strawberry seed oil. Sodium fluoride, potassium, boron, magnesium, calcium, and other elements that are good for the skin are among the many components found in strawberry seed oil. The strawberry seeds are gathered from a variety of places, including fruit and jam producers. The seed is cleaned, dried, and cold-pressed to extract the oil from the strawberry seeds.
Because there is no waste, the strawberry seed extract is very sustainable. Strawberry oils are a crucial component for healthy skin. Because strawberry is a significant source of fatty acids, essential oils focus on providing fatty acids like omega-3 fatty acids that enhance the skin's moisture barrier properties.
The oil from strawberries is frequently used in anti-aging and pro-anti-wrinkle formulations, as well as for skin regeneration and soothing. The strawberry seed oil is ideal for anti-inflammatory and Ultraviolet protection products because it contains ellagic acid.
The supplier of seed oils greatly influences the production of the strawberry seed oil sector market because the market is largely dependent on them. Due to the equipment and machinery required for strawberry seed oil extraction, the initial investment cost is high. However, operating costs are relatively low compared to the major ones, which are labor and raw material costs.
A new report published by Future market insights, titled, Strawberry Seed Oil Market - Global Opportunity Analysis and Industry Forecast, 2023 to 2033,projects the global Strawberry Seed Oil market to reach USD 1,271.5 million by 2033. The market was valued at USD 613 million in 2016 and is expected to grow at a CAGR of 4.40% from 2023 to 2033.
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Seven geographical areas make up the world's strawberry seed oil market: North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan, the Middle East, and Africa (MEA). The North American strawberry germplasm oil market is established and contributes significantly to the overall strawberry seed oil sector.
This is explained by the fact that the United States is the top producer of strawberries. The market for strawberry seed oil is further driven by the expanding aromatherapy industries in the area. The growing demand for nutrient-rich oils in skincare products among consumers in Western European nations has an impact on the market for strawberry seed oil. Additionally, nations like Germany and Spain are major exporters.
In the APEJ region, the market for strawberry seed oil is anticipated to expand at a comparatively high CAGR over the forecast period due to government assistance for agricultural activities. Additionally, the expanding startup environment in Asian nations like India, which aims to increase agricultural productivity and yield, encourages the cultivation of strawberries, which in turn stimulates the market for strawberry seed oil. The manufacturing and agricultural sectors are negatively impacted by Japan's demographic trends, which have an effect on the market for strawberry seed oil.
The high-demand linoleic and alpha-linolenic acids are abundant in the monosaturated strawberry seed oil. The personal grooming industry makes extensive use of strawberry seed oil. The ratio of supply to demand for strawberry seed oil is significantly impacted by the expansion of this sector. For instance, the high demand for UV protection in skin care products fuels the worldwide strawberry seed oil market.
The intake of the strawberry seed oil is rising as a result of the rising demand for anti-aging creams and some other skin care products. The use of strawberry seed oil is growing as aromatherapy, health spas, and recreational facilities spread.
The fragrances industry's growing need for berry seed oil also fuels the strawberry oil market. Another factor propelling the global strawberry seed oil market is the growing prevalence of online sales.
The most commonly used method of extracting strawberry seed oil is cold pressing. This process involves using a mechanical press to mechanically extract the oil from the seeds without heat. The resulting oil is unrefined and has higher levels of antioxidants than other methods.
Another popular method for extracting strawberry seed oils is through steam distillation or hydro distillation. This method uses hot air or water vapor to evaporate the essential oils from the seeds, producing a purer form of strawberry seed oil with fewer impurities than cold pressing. Both processes yield high-quality products but may differ slightly in terms of flavor and aroma profiles.
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The Strawberry Seed Oil in the market is expected to grow at a CAGR of 4.40% during the forecast period of 2023 to 2033. The strawberry seed oil market is seeing substantial growth as supermarkets and industrial distributors are becoming increasingly interested in the product.
The demand for strawberry seed oil has been increasing rapidly since its introduction to the marketplace, due to its many beneficial properties that consumers have come to enjoy.
Supermarkets and industrial distributors provide an important platform for delivering strawberry seed oil to a wide range of customers. Consumers have become more mindful of their health, leading them to search out products with nutrient-rich qualities such as strawberry seed oil.
As a result, supermarkets and industrial distributors have seen the potential in this product and are actively supplying it across various markets around the world. These retailers and suppliers recognize that there is significant profit potential from selling this versatile ingredient which can be used in cosmetic treatments, food preparation, nutritional supplements, aromatherapy products, and more.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2017 to 2023 |
| Market Analysis | USD million for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa (MEA) |
| Key Countries Covered | The USA, Canada, Mexico, Germany, The United Kingdom, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
| Key Segments Covered | By Application, By End-user, By Region, By Distribution Channel |
| Key Companies Profiled | Connoils LLC; The Kerfoot Group; Statfold Seed Developments Ltd.; Eco Treasures NV |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The global Strawberry Seed Oil market will reach a valuation of USD 826.6 million by the end of 2023.
The global Strawberry Seed Oil market is forecasted to surpass USD 1,271.5 million by the end of 2033.
The USA, Germany, Japan, China, India, Australia, and The United Kingdom are the major countries driving demand for Strawberry Seed Oil Market.
The USA Strawberry Seed Oil Market is contributing 34.60% of the total value share in the global market.
The Germany Strawberry Seed Oil Market is contributing 22.0% of total value share in global market.
In Japan Strawberry Seed Oil Market is contributing 10.60% of total market share which values in year 2023.
In India Strawberry Seed Oil Market is contributing 4.30% of CAGR for latest period.
In China Strawberry Seed Oil Market is contributing 5.30% of CAGR for latest period.
In Australia Strawberry Seed Oil Market is contributing 2.20% of the total value share in the global market.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Application 6.2. End-Use 6.3. Distribution Channel 7. Global Market Analysis and Forecast, By Application 7.1. Nutricosmetics 7.2. Nutritional Supplements 7.3. Animal Health 8. Global Market Analysis and Forecast, By End-Use 8.1. Pharmaceuticals 8.2. Food And Beverage 8.3. Dietary Supplements 8.4. Cosmetics 9. Global Market Analysis and Forecast, By Distribution Channel 9.1. Hypermarket/Supermarket 9.2. Direct Selling 9.3. Online 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. Asia Pacific 10.5. Oceania 10.6. Middle East and Africa (MEA) 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 15. Oceania Sales Analysis and Forecast, by Key Segments and Countries 16. Middle East and Africa (MEA) Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Application, End-Use, and Distribution Channel for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Connoils LLC 19.2. The Kerfoot Group 19.3. Statfold Seed Developments Ltd. 19.4. Eco Treasures NV
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Strawberry Seed Oil Market
