Jojoba is a kind of shrub which grows in dry regions of southwestern US and the northern Mexico. Jojoba is also known by other several names including buxus chinensis, deernut, huile de jojoba, goat nut, pignut, simmondsia chinensis and simmondsia californica. Jojoba wax and oil are produced from the jojoba seeds and are mainly used for medicine. Jojoba extracts are utilized as an ingredient in lipstick, shampoo, cleansing products and body, face and hand lotions by leading manufacturing companies for its unique benefits. Moreover, jojoba oil is also applied to the skin for chapped skin, psoriasis, acne, sunburn and other conditions. The jojoba seed comprises wax extern which is commonly referred as jojoba oil. The wax extern present inside the jojoba seed is colorless, odorless, and not disposed to oxidation that makes the oil a perfect suitable additive in cosmetics. Jojoba oil mimics the sebum produced by human skin, and as a result the oil is used to soften, condition and hydrate both hair and skin. Application of jojoba oil is also made to prevent wrinkles and the oil is also used in hair care products to increase the shine and condition of hair. Proper hydration of skin and hair provides an improved texture and makes the skin and hair look healthier. Widespread use of jojoba extracts as an ingredient in cosmetic and hair care products by several key vendors, creates a huge demand and ample growth opportunity of this market during the forecast period of 2017-2025. Moreover, based on region, Europe holds the massive market for jojoba extracts, followed by North America, Asia-Pacific and Latin-America.
Jojoba extracts provide several benefits among consumers. Some of the benefits include prevention of acne and nourishment of skin and hair. Adoption of such products by men and women and their rising awareness towards maintaining beautiful skin and hair creates a huge market growth opportunity for global jojoba extracts market. Further down, jojoba extracts enriched with free fatty acid and huge nutrient properties, have their significant use in pharmaceutical industry, cosmetic industry and personal care products. Heavy investment in the research and development sector by famous cosmetic companies like JE Internationals, L’Oreal and others to provide better quality of jojoba extracts to their customers, further makes the market demanding. Huge benefits of natural products increase the preference of jojoba across the globe. Additionally, huge demand of jojoba extracts for application in herbal medicines further creates a high growth opportunity of this market in the future. Moreover, increasing disposable income of people and growing cosmetic and pharmaceutical industries all around the world, is expected to swell the demand of jojoba extracts over the next eight years.
Major applications of jojoba extracts mentioned in the report includes cosmetic & personal care products, pharmaceuticals, industrial and others. The jojoba extracts market in report is segmented by grade which includes bleached jojoba and winterized jojoba. Moreover, on the basis of distribution channel, the market has been segmented as hypermarkets/ supermarkets, convenience store, online store and other.The global jojoba extracts market has been moreover segmented geographically into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
The extracts of jojoba are also utilized as electric insulator, foam control agent, plasticizer, transformer oil, adhesive and more. Apart from this, the oil present inside the jojoba seed is widely used in industries as it plays a prime role as lubricant in varied pressure and high temperature scales. Further down, jojoba when taken internally may cause serious heart damage as the seed contains a chemical known as erucic acid which is harmful to health. However, some side effects of jojoba such as allergic reactions and rashes for many skin types may hinder the growth of this market in the upcoming years.
Some of the major players in the global jojoba extracts market include Skin food Co. Ltd., Eco Oil Argentina S.A., Primavera Life, The Jojoba Company, Del Amo Chemical Company Inc., and few others.
Global Jojoba Extracts Market: By Grade
Global Jojoba Extracts Market: By Distribution Channel
Global Jojoba Extracts Market: By Application
Global Jojoba Extracts Market: By Geography