Global Candlenut Oil Market Overview:
Candlenut Oil is Extracted From the Nut of Aleurites Moluccanus (Aleurites Triloba). It is Also Known as Kukui Nut Oil, Spanish Belgaum Oil, & Kekune Oil. It is Extracted by Pressing Oil From the Kukui Nut (Or Candlenut) Tree, & it Contains Essential Fatty Acids, Vitamins & Antioxidants That Help to Soothe Dry Skin & Heal Wounds. It is Used in Different Products Like Body Care Products, Especially Creams, Lotions, & Massage Oils
As per latest study released by AMA Research, the Global Candlenut Oil market is expected to see growth rate of 4.1%Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Usage of Candlenut Oil as a Preventive Healthcare Product
Market Growth Drivers:
The rise in the Popularity of Products Intended For Skin Rejuvenation & Improvement Made Using Candlenut Oil and Increased Popularity of Aromatherapy, Making Usage of Candlenut Oil Alongside Other Essential Oils, For Massaging & Therapeutics Purpose
Challenges:
Unawareness About the Benefits of Candlenut Oil May Pose a Challenge
Restraints:
Market Presence of Alternative Products Like Rice Bran Oil & Sesame Seed
Opportunities:
There is an Increased Opportunity for Market Growth, Owing To the Use of Candlenut Oil for Hair Treatment and There are Prospects for Growth, Due to the Rising Applications of Candlenut Oil in the Food Industry
Competitive Landscape:
The demand for Candlenut Oil is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Phytexence, Oils of Aloha, Lotioncrafter LLC and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders demonstrate a market-defining vision of how candlenut oil can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are Phytexence (France), Oils of Aloha (United States), Lotioncrafter LLC (United States), Hawaiian Bath & Body (United States), Mountain Rose Herbs (United States), Hanalei Company (United States), Maui Soap Co. (United States), Bramble Berry (United States), Leven Rose (United States) and Elemental Blue, LLC. Additionally, following companies can also be profiled that are part of our coverage like A G Industries (India), Paras Perfumers (India) and Juara Skincare (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Candlenut Oil market by 2028. Considering Market by Packaging, the sub-segment i.e. Plastic Bottle will boost the Candlenut Oil market. Considering Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Candlenut Oil market.
In April 2022 Juara Skincare had announced the launch of Radiance Enzyme Scrub with HSN. The exfoliating scrub is designed to cleanse sensitive skin, oily skin, combination skin, and dry skin in one easy step by removing dead skin cells, smoothing uneven skin texture, refining pores, and brightening the complexion. The product contains traditional Jamu ingredients like rice bran oil, turmeric, ginger, candlenut, and active botanicals.
What Can be Explored with the Candlenut Oil Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Candlenut Oil Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Candlenut Oil
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Candlenut Oil market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Candlenut Oil market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Candlenut Oil, Distributors, Traders, & Suppliers, Importers & Exporters, Investors, Regulatory & Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.