Global Strawberry Seed Oil Market, By Application (Nutricosmetics, Nutritional Supplements, Animal Health), Distribution Channel (Hypermarket/Supermarket, Direct Selling, Online), End-Use (Pharmaceuticals, Food and Beverage, Dietary Supplements, Cosmetics) - Industry Trends and Forecast to 2031.
Strawberry Seed Oil Market Analysis and Size
The essential factors contributing to the growth of the global strawberry seed oil market in the forecast period include The growing demand for organic cosmetics and growing consumer knowledge of the health advantages of natural skincare products are driving market expansion.
Global strawberry seed oil market which was USD 879.4 million in 2023, is expected to reach USD 1,250.60 million by 2031, growing at a CAGR of 4.5% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in Million, Volume and Units, Pricing in USD
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Segments Covered
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Application (Nutricosmetics, Nutritional Supplements, Animal Health), Distribution Channel (Hypermarket/Supermarket, Direct Selling, Online), End-Use (Pharmaceuticals, Food and Beverage, Dietary Supplements, Cosmetics)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Connoils LLC (U.S.), The Kerfoot Group (U.K.), Statfold Seed Developments Ltd. (U.K.), Eco Treasures NV (Belgium) among others.
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Market Opportunities
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Market Definition
The naturally occurring oil known as strawberry seed oil is taken from the seeds of the strawberry plant (Fragaria ananassa), which is widely recognized for its vivid red fruit. It is an important component of food, skincare, cosmetics, and nutraceutical goods because of its abundance in vitamins, antioxidants, and vital fatty acids. Strawberry seed oil is frequently utilized in formulas for moisturizers, serums, hair care products, and dietary supplements because of its moisturizing, restorative, and anti-inflammatory qualities. Strawberry seed oil is widely used in the food, personal care, cosmetics, and health sectors due to its many uses and the rising desire for natural products.
Strawberry Seed Oil Market Dynamics
Drivers
- Rising Demand for Natural and Organic Cosmetics
Demand for ingredients such as strawberry seed oil, which is well-known for its moisturizing and antioxidant qualities, is driven by consumers' growing preference for natural and organic skincare products. Strawberry seed oil is becoming more widely used in the cosmetics sector as people become more conscious of the advantages of using natural skincare products.
- Expanding Applications in Food and Nutraceuticals
Due to its high nutritional content and possible health advantages, strawberry seed oil is becoming more and more common in food products and nutraceuticals. Demand for ingredients such as strawberry seed oil, which is high in vitamins and vital fatty acids, is driven by consumers' growing interest in functional meals and supplements.
Opportunities
- Growing Preference for Plant-Based Ingredients
Opportunities for strawberry seed oil as a natural and vegan-friendly ingredient in food, cosmetics, and personal care products are created by the trend toward plant-based diets and sustainable living. Growing consumer consciousness regarding the ecological ramifications of synthetic chemicals propels the market for plant-derived substitutes such as strawberry seed oil.
- Expansion of Skincare and Personal Care Industry
Strawberry seed oil can be incorporated into a variety of products, such as moisturizers, serums, and hair care formulas, due to the skincare and personal care industry's rapid growth, especially in emerging markets. The market is driven by changing customer lifestyles and rising disposable incomes for high-end skincare products with unusual and natural components such as strawberry seed oil.
Restraints/ Challenges
- Limited Supply and Seasonal Nature
Strawberries are the main source of strawberry seed oil, however their limited and seasonal availability has an impact on production quantities and the supply chain.
- Price Volatility and Production Costs
Price fluctuations in the strawberry seed oil market are a result of changes in the cost of raw materials, which are impacted by variables including weather and crop yields. Players in the market have difficulties due to high production costs related to extraction, processing, and quality control procedures, which have an effect on pricing and profit margins.
- Quality Control and Standardization
Variations in seed quality, extraction procedures, and processing techniques make it difficult to maintain consistent quality and purity standards in the manufacture of strawberry seed oil. Producing and selling strawberry seed oil becomes more difficult when legal laws and industry standards for sustainability, safety, and efficacy are followed.
- Competition from Alternative Oils and Ingredients
The commercial penetration of strawberry seed oil is hindered by the availability of substitute plant-based oils and components such coconut oil, jojoba oil, and almond oil. In the natural oils and extracts industry, market saturation and fierce rivalry from both established and up-and-coming businesses.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2023, Connoils LLC stated that it would be adding cold-pressed strawberry seed oil to its product line in order to meet the growing demand in the personal care and cosmetics market for sustainable and natural ingredients
- In 2023, in response to consumer demand for more environmentally friendly and organic ingredients in the food and nutraceutical industries, The Kerfoot Group launched a line of organic-certified strawberry seed oil extracts
Strawberry Seed Oil Market Scope
The market is segmented on the basis of application, distribution channel and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Nutricosmetics
- Nutritional supplements
- Animal health
Distribution channel
- Hypermarket/supermarket
- Direct selling
- Online
End-Use
- Pharmaceuticals
- Food and beverage
- Dietary supplements
- Cosmetics
Strawberry Seed Oil Market Regional Analysis/Insights
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
North America dominates the market for strawberry seed oil due to factors including the region's strong demand for natural skincare products, the existence of important producers, and rising consumer knowledge of the advantages of botanical extracts. The region's superior market leadership is also a result of its highly developed infrastructure for the cosmetics industry and its high disposable incomes.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Strawberry Seed Oil Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Connoils LLC (U.S.)
- The Kerfoot Group (U.K.)
- Statfold Seed Developments Ltd. (U.K.)
- Eco Treasures NV (Belgium)
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