Global Maracuja Oil Market Ongoing Trends, Growth Factors, Negative Factors, Opportunities, Untapped Markets, Strategies and Developments, Product Segments, and Forecast 2019 – 2028
“Global Maracuja Oil Market” is projected to register substantial CAGR of X.X% and reach a value of US$ X Bn by 2028. In order to get accurate data, the global Maracuja oil market has been categorized on the basis of extraction method, application, distribution channel, and region & country.
Maracuja Oil: Product Overview
Maracuja, also commonly known as passion fruit, is found in mainly two types, such as purple-colored and yellow ones. The purple-colored passion fruit comes from Southern part of Brazil, and the yellow-colored passion fruit’s origin is yet not known. The passion fruit has a strong and pleasant fragrance and tastes pleasantly acidic and tart, which makes it ideal for application in making salads, juices, desserts, ice creams, and even cocktails. Maracuja is considered as one of the best sources of β-carotene, B complex and vitamin C, especially niacin, and contains minerals such as potassium and phosphorus, and calcium. It also contains passiflorine, which is an effective substance, that helps relax mind and body and does not cause addiction issues.
Maracuja oil is extracted from seeds of purple bloom of the passiflora incarnate plant and has various health benefits. Maracuja oil is a rich source of various nutrient and essential fatty acids beneficial for treating skin-related disorders such as acne, flaky skin, etc. continuous use of Maracuja oil can moisturize dry skin and make the skin glow brighter, reduce wrinkles, and improve skin complexion and texture. Maracuja oil is also an antioxidant and has potential anti-cancer and anti-inflammatory properties. This oil has wide scope of applications in cosmetic, personal care products and medical industry.
Driving Forces and Restraining Forces
Increasing adoption of cold pressed Maracuja oil among women owing to its benefits such as helps in reducing wrinkles, maintain color brightness and complexion, improve chapped and cracked skin and scalp, enhance hair growth is a major factor expected to drive growth of the global Maracuja oil market.
Growing awareness regarding Maracuja oil as a relaxant due to its calming and sedating properties is resulting in increasing demand from Spas, massage parlors, and aromatherapy centers. Maracuja oil offers relief from hypertension, decrease asthma, relieve from anxiety, prevent from sleeplessness issues, etc. This is another major factor expected to fuel growth of the global Maracuja oil market to a significant extent. Maracuja oil can also help heal burned skin, wounds and scratch marks, balance skin oil levels, as well as prevents hair split ends and dry frizzy hair. These features can lead to high adoption of the products and drive growth of the global Maracuja oil market.
However, overuse of Maracuja oil may have potential side-effects such as sleepiness, light-headedness, low heartbeat, vomiting, etc. This is one of the factors that could hamper high adoption of Maracuja oil and restrain growth of the target market to a certain extent.
By Extraction Method:
Among the segments based on extraction method, the cold pressed segment is estimated to account for substantial revenue share in the target market, owing to increasing utilization of cold pressed passionflower fruit Maracuja oil among women population.
Among the segments based on application, the cosmetics and personal care products segment is estimated to account for major share in terms of revenue contribution in the global Maracuja oil market. This can be attributable to growing adoption of Maracuja oil as an ingredient in cosmetics and personal care products owing to its features and health benefits.
By Distribution Channel:
Among the distribution channel segments, the online retail segment is expected to register a considerable CAGR in the global Maracuja oil market in the next 10-year period.
The markets in North America and Latin America are expected to account for higher revenue shares in the global Maracuja oil market, owing to the presence of prominent companies in both the regions and large amount of passion flower cultivation in countries such as Brazil, Argentina, and Paraguay in Latin America.
Global Maracuja Oil Market Segmentation:
Segmentation by Extraction Method:
- Hot Pressed
- Cold Pressed
Segmentation by Application:
- Cosmetics and Personal Care Products
Segmentation by Distribution Channel:
- Supermarkets/ Hypermarkets
- Specialty Stores
- Online Retail
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Tarte, Inc.
- Russell Organics
- NutraMarks, Inc.
- RejuveNaturals LLC
- Botanical Beauty Co.
- Leven Rose
- Au Natural Organics Company
- Bello Natural
- Acure Organics
- Radha Beauty
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