About Meadowfoam Seed Oil
Meadowfoam seed oil is extracted from the seeds of Limnanthes Alba plant. The seeds contain 20-30% oil. Meadowfoam seed oil is amazingly stable, primarily because it contains over 98% long-chain fatty acids. Meadowfoam seed oil is most similar to rapeseed oil that competes directly for the high-volume industrial oilseed applications. Meadowfoam seed oil is widely used in cosmetic and hair-care applications due to its stability, emolliency and smooth soft skin feel. An impure form of meadowfoam seed oil form is not suitable for human consumption for its erucic acid content.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market for the meadowfoam seed oil is fragmented with the presence of many players. Leading players can adopt strategies like a merger, acquisition, expansion, new product launch, in order to gain share within the market. Owing to booming industrialization & urbanization, there are growing prospects for the new players to enter the marketThe Vendors having a strong hold in the market are Natural Plant Products Inc., SRL Pharma GmbH, and ADEKA CORPORATION. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Meadowfoam Seed Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Natural Plant Products Inc. (United States), SRL Pharma GmbH (Germany), ADEKA CORPORATION (Japan), The Good Scents Company (United States), MIRACLE BOTANICALS (United States), Sonneborn LLC (United States), NeoStrata Company (United States), Dr. Adorable Inc (United States), Plant Therapy (United States) and Leven Rose (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Kerotin Hair Care (United States), Aramacs (India), A.G.Industries (India), Mahida & Sons (India) and Hexon Laboratories Private Limited (India).
Segmentation Overview
AMA Research has segmented the market of Global Meadowfoam Seed Oil market by , Application (Creams, Lotions, Ointments, Bath Oils and Others) and Region.
On the basis of geography, the market of Meadowfoam Seed Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Meadowfoam Seed Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. High-Density Polyethylene (HDPE) Drums will boost the Meadowfoam Seed Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Derivatives of Meadowfoam Seed Oil Such as Estoloides and Silicone Esters used as Coatings, Films, and Adhesives
Market Growth Drivers:
Rising Demand for Meadowfoam Seed Oil in Aromatherapy for Its Excellent Oxidative Stability and Growing Demand in Cosmetics for Skin Care And Hair Care Leads to the Growth in Meadowfoam Seed Oil
Challenges:
Availability of a Large Number of Local Manufacturers
Restraints:
Peoples Have Nut Allergies Should Avoid the Products Containing Meadowfoam Seed Oil
Opportunities:
Increasing Demand for Meadowfoam Seed Oil in Hair Care Applications
Market Leaders and their expansionary development strategies
In February 2019, HollyFrontier Corporation had acquired of Sonneborn US Holdings Inc. and Sonneborn Coӧperatief U.A. The acquisition will be strenghten the growth of company.
In November 2019, REN Clean Skincare, a manufacturer of consumer goods launched 3-in 1 cleanser to achieve three levels of cleansing using sunflower seed extract, meadowfoam, and grape seed oil. It helps to protect the skin’s natural moisture barrier and restore skin health. and In August 2019, Natural Plant Products, Inc., a manufacturer of natural botanical oils launched meadowfoam xpr, a mechanically extracted version of their meadowfoam seed oil, their first new product introduction for the oil producer in eight years.
Key Target Audience
Meadowfoam Seed Oil Manufacturers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.