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油肥與脂肪

市場調查報告書

商品編碼

1447981

蓖麻油市場 - 2023-2030

Castor Oil Market - 2023-2030

出版日期: 2024年03月08日 | 出版商:

DataM Intelligence | 英文 210 Pages | 商品交期: 最快1-2個工作天內

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簡介目錄

概述

2022年，全球蓖麻油市場規模達到12.3億美元，預計到2030年將達到19.8億美元，2023-2030年預測期間CAGR為6.1%。

化妝品、製藥、化學工業等各種應用對蓖麻油的需求不斷增加，因為它們具有許多好處。因此，蓖麻油在各行業的廣泛應用和生產有助於推動全球蓖麻油市場。

此外，對蓖麻化妝品的需求更高，許多製造公司正在生產以蓖麻油為基礎的產品。例如，Ambuja Solvex Pvt。 Ltd.公司生產Ambrol Crown和Ambrol Crown PG化妝品。化妝品對蓖麻油的需求有助於提高蓖麻子的採用率。

化妝品和藥品領域佔據最大佔有率，亞太地區在全球蓖麻子市場中佔據主導地位，因為該地區蓖麻子種植量很高，這有助於增加蓖麻油在各種應用中的使用量因此，它有幫助於擴大全球蓖麻油市場。

動力學

各行業對蓖麻油的需求不斷成長

各種化妝品和醫藥行業對蓖麻油的需求不斷增加，因為它具有多種特性，例如高含量的脂肪酸和蓖麻油酸，有助於增加蓖麻油在各種皮膚和頭髮護理中的使用量，並且提供一些抗真菌和抗菌特性，有助於提高醫藥產品的採用率

此外，隨著蓖麻油應用的需求不斷增加，製造商正在策略性地規劃以滿足消費者的需求。例如，2022 年 11 月，蓖麻籽技術開發商 Casterra Ag Ltd. 與贊比亞蓖麻油種植者、製造商和分銷商 Titan Castor Farms Limited 簽署了長期特許權使用費協議。以滿足東南亞對蓖麻油銷售的需求。

提高人們對蓖麻油益處的認知

由於蓖麻子油具有許多潛在的好處，消費者擴大採用它。它的廣泛採用在化妝品行業中尤其引人注目，因為它具有潤膚特性。這種油在滋潤和滋潤皮膚、有效解決乾燥問題並提供各種護膚功效方面發揮著至關重要的作用。蓖麻子油的多種藥用特性進一步增強了其對消費者的吸引力。

此外，蓖麻油還含有蓖麻油酸，具有通便作用，常用於各種傳統藥物中，蓖麻子種植的需求也在增加，例如，根據印度油籽發展局報道，2020年，蓖麻子的產量潛力印度泰米爾納德邦的蓖麻子產量為1456 公斤/公頃。因此，如此高的蓖麻子種植率有助於增加蓖麻油市場的成長。

存在某些有毒化合物

蓖麻子中存在危險化合物，例如蓖麻毒素（一種劇毒蛋白質），當以未加工或未充分加工的形式食用時，蓖麻子可能存在危險。為了解決這種毒性，已經實施了嚴格的法規和指南，監督蓖麻子的種植、加工和利用。因此，這些安全問題成為市場成長的潛在障礙。

Furthermore, the demand for castor cosmetics is higher, many manufacturing companies are producing products based on castor oil. For instance, Ambuja Solvex Pvt. Ltd. company produces Ambrol Crown and Ambrol Crown PG cosmetic products. The demand for castor oil for cosmetics can help in increasing the adoption rate for castor beans.

The cosmetics & and pharmaceuticals segment holds the largest share, as well as Asia-Pacific region shows the dominance in global castor beans market, as castor bean cultivation is high in this region, which can help in increasing the usage of castor oil for various applications, hence, it can help in increasing the global castor oil market.

Dynamics

Rising Demand For Castor Oil In Various Industries

The demand for castor oil is increasing among various cosmetic and medicinal industries, as it offers various properties such as a high content of fatty acids, and ricinoleic acid, it helps in increasing the usage of castor oil for various skin and hair care treatments and also offers some Antifungal and Antimicrobial Properties, it helps in rising the adoption rate for medicinal products

Furthermore, as the demand for applications of castor oil is increasing, manufacturers are strategically planning to meet the consumer's demand. for instance, in November 2022, Casterra Ag Ltd. the castor seeds technology developer signed a long-term royalty agreement with Titan Castor Farms Limited a Zambian cultivator, manufacturer, and distributor of castor oil. to meet the demand for castor oil sales in south-Eastern Asia.

Increase in Awareness About the Benefits Associated With Castor Oil

Consumers are increasingly adopting castor bean oil, due to its numerous potential benefits. Its widespread adoption is particularly notable in the cosmetic industry, where it is used for its emollient properties. This oil plays a crucial role in moisturizing and hydrating the skin, effectively addressing dryness and providing various skincare benefits. The diverse medicinal properties associated with castor bean oil further enhance its appeal among consumers.

Furthermore, castor oils also contain ricinoleic acid, a laxative effect often utilized in various traditional medicines, also the demand for castor beans cultivation is increasing, for instance, according to the Directorate Of Oilseeds Development of India reported, in 2020, the yield potential of castor beans in Tamil Nadu, India was 1456 kg/ha. Hence, such a high cultivation rate of castor beans can help in increasing the castor oil market growth.

Presence of certain Toxic Compounds

The presence of hazardous compounds such as Ricin, a highly toxic protein, in castor beans makes them potentially perilous when consumed in their raw or insufficiently processed form. To address this toxicity, stringent regulations and guidelines have been implemented, overseeing the cultivation, processing, and utilization of castor beans. As a result, these safety concerns stand as a potential impediment to the market's growth.

Segment Analysis

The global castor oil market is segmented based on Type, distribution channel, End-User, application, and region.

Rising Demand For Castor Cosmetics and Pharmaceuticals Products

The cosmetics & and pharmaceutical applications account for the maximum share in the global castor oil market, as consumers are adopting castor oils in diverse personal care, cosmetic, and medicinal products due to their numerous essential benefits, particularly for skin and hair treatments, these oils are rich in moisturizing, and ricinolic acid, and also they contain anti-bacterial, anti-inflammatory, and anti-fungal properties. They also help in reducing and alleviating pain and inflammation problems. Hence, such factors can help in increasing the market growth.

Furthermore, manufacturers are highly focused on developing these products, for instance, in August 2020, BASF launched a Lamesoft Balance that is readily biodegradable and stabilizes wax-based dispersions in hair and skin cleansing formulations, it contains hydrogenated castor oil. Hence, such products can help in gaining popularity in the castor oil market.

Geographical Penetration

High Castor Beans Production Rate in Asia-Pacific

Asia-Pacific has the largest share and significant growth in the global castor oil market, as consumers in this region are highly adopting castor oil in various applications of skincare, and medicinal products as they offer various potential benefits, which help in increasing the productivity rate in this region, hence, it can help in driving the market growth.

Furthermore, the cultivation of castor beans is high in this region, for instance, according to Professor Jayashankar Telangana State Agricultural University report, the Area under castor reported during 2021-22 was 1.484 lakh ha, with a production rate of 17.74 lakh tones. Hence, such high production rates can help in increasing the market growth.

Competitive Landscape

The major global players in the market include Ambuja Solvex Pvt. Ltd., JAYANT AGRO-ORGANICS LIMITED, N.K.Proteins Pvt Limited, Adya Oils & Chemicals Ltd., Gokul Overseas, Cristol., Girnar Industries, Arvalli Castor Derivatives Pvt Ltd., Royal Castor Products Limited., and Shavuot International Holdings.

COVID-19 Impact Analysis

The emergence of the COVID-19 pandemic in late 2019 posed unprecedented challenges for industries globally, including the worldwide castor beans market. Governments in numerous countries implemented lockdown restrictions, leading to disruptions in the supply chain and impacting the global castor bean market.

By Type

Cold Pressed Castor Oil
Hydrogenated Castor Oil
Jamaican Black Castor Oil
Dehydrated Castor Oil
Others

By Distribution Channel

Hypermarket/Supermarket
Convenience Stores
Specialty Stores
Online Retail
Others

By End-User

Pharmaceutical
Cosmetic & Personal Care
Food & Beverage
Others

By Application

Lubricants
Biodiesel
Cosmetics & Pharmaceuticals
Plastics & Resins
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
South America
- Brazil
- Argentina
- Rest of South America
Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
Middle East and Africa

Key Developments

In January 2022, Biosynthetic Technologies, LLC acquired Innoleo, LLC. Through this acquisition, Biosynthetic Technologies will now add a comprehensive line of castor and other oleo derivatives to its existing Estolide technology portfolio.
In June 2023, Casterra Ag Ltd. an integrated castor cultivation solution company and a subsidiary of Evogene Ltd., had an agreement to sell seeds of its proprietary castor varieties to one of the world's leading oil and gas companies for cultivation in specific African territories. Casterra's high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.
In July 2023, Casterra Ag Ltd., an integrated castor cultivation solution company and a subsidiary of Evogene Ltd. had an additional $2.2 million of purchase orders to supply castor seeds during 2023, for new African territories. Casterra's castor seeds, developed with Evogene's GeneRator AI Tech Engine, will be used to grow Castor to produce oil for sustainable biofuel. Casterra's high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing sustainable energy market.

Why Purchase the Report?

To visualize the global castor oil market segmentation based on Type, distribution channel, End-User, application, and region, as well as understand key commercial assets and players.
Identify commercial opportunities by analyzing trends and co-development.
Excel data sheet with numerous data points of castor oil market-level with all segments.
PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
Product mapping available as Excel consisting of key products of all the major players.

The global castor oil market report would provide approximately 70 tables, 69 figures, and 210 Pages.

Target Audience 2023

Manufacturers/ Buyers
Industry Investors/Investment Bankers
Research Professionals
Emerging Companies

1.Methodology and Scope

1.1.Research Methodology
1.2.Research Objective and Scope of the Report

2.Definition and Overview

3.Executive Summary

3.1.Snippet by Type
3.2.Snippet by Distribution Channel
3.3.Snippet by End-User
3.4.Snippet by Application
3.5.Snippet by Region

4.Dynamics

4.1.Impacting Factors
- 4.1.1.Drivers
  - 4.1.1.1.Rising demand for castor oil in various industries
  - 4.1.1.2.Increase in Awareness about the benefits associated with castor oil
- 4.1.2.Restraints
  - 4.1.2.1.Presence of certain Toxic Compounds
- 4.1.3.Opportunity
- 4.1.4.Impact Analysis

5.Industry Analysis

5.1.Porter's Five Force Analysis
5.2.Supply Chain Analysis
5.3.Pricing Analysis
5.4.Regulatory Analysis
5.5.Production Analysis
5.6.DMI Opinion

6.COVID-19 Analysis

6.1.Analysis of COVID-19
- 6.1.1.Scenario Before COVID
- 6.1.2.Scenario During COVID
- 6.1.3.Scenario Post COVID
6.2.Pricing Dynamics Amid COVID-19
6.3.Demand-Supply Spectrum
6.4.Government Initiatives Related to the Market During Pandemic
6.5.Manufacturers Strategic Initiatives
6.6.Conclusion

7.By Type

7.1.Introduction
- 7.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 7.1.2.Market Attractiveness Index, By Type
7.2.Cold Pressed Castor Oil*
- 7.2.1.Introduction
- 7.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3.Hydrogenated Castor Oil
7.4.Jamaican Black Castor Oil
7.5.Dehydrated Castor Oil
7.6.Others

8.By Distribution Channel

8.1.Introduction
- 8.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 8.1.2.Market Attractiveness Index, By Distribution Channel
8.2.Hypermarket/Supermarket*
- 8.2.1.Introduction
- 8.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3.Convenience Stores
8.4.Specialty Stores
8.5.Online Retail
8.6.Others

9.By End-User

9.1.Introduction
- 9.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 9.1.2.Market Attractiveness Index, By End-User
9.2.Pharmaceutical*
- 9.2.1.Introduction
- 9.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3.Cosmetic & Personal Care
9.4.Food & Beverage
9.5.Others

10.By Application

10.1.Introduction
- 10.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.1.2.Market Attractiveness Index, By Application
10.2.Lubricants*
- 10.2.1.Introduction
- 10.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3.Biodiesel
10.4.Cosmetics & Pharmaceuticals
10.5.Plastics & Resins
10.6.Others

11.By Region

11.1.Introduction
- 11.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 11.1.2.Market Attractiveness Index, By Region
11.2.North America
- 11.2.1.Introduction
- 11.2.2.Key Region-Specific Dynamics
- 11.2.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.2.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 11.2.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 11.2.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.2.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 11.2.7.1.U.S.
  - 11.2.7.2.Canada
  - 11.2.7.3.Mexico
11.3.Europe
- 11.3.1.Introduction
- 11.3.2.Key Region-Specific Dynamics
- 11.3.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.3.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 11.3.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 11.3.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.3.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 11.3.7.1.Germany
  - 11.3.7.2.UK
  - 11.3.7.3.France
  - 11.3.7.4.Italy
  - 11.3.7.5.Russia
  - 11.3.7.6.Rest of Europe
11.4.South America
- 11.4.1.Introduction
- 11.4.2.Key Region-Specific Dynamics
- 11.4.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.4.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 11.4.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 11.4.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.4.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 11.4.7.1.Brazil
  - 11.4.7.2.Argentina
  - 11.4.7.3.Rest of South America
11.5.Asia-Pacific
- 11.5.1.Introduction
- 11.5.2.Key Region-Specific Dynamics
- 11.5.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.5.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 11.5.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 11.5.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.5.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 11.5.7.1.China
  - 11.5.7.2.India
  - 11.5.7.3.Japan
  - 11.5.7.4.Australia
  - 11.5.7.5.Rest of Asia-Pacific
11.6.Middle East and Africa
- 11.6.1.Introduction
- 11.6.2.Key Region-Specific Dynamics
- 11.6.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.6.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 11.6.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 11.6.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application

12.Competitive Landscape

12.1.Competitive Scenario
12.2.Market Positioning/Share Analysis
12.3.Mergers and Acquisitions Analysis

13.Company Profiles

13.1.Ambuja Solvex Pvt. Ltd.*
- 13.1.1.Company Overview
- 13.1.2.Product Portfolio and Description
- 13.1.3.Financial Overview
- 13.1.4.Key Developments
13.2.JAYANT AGRO-ORGANICS LIMITED
13.3.N.K.Proteins Pvt Limited
13.4.Adya Oils & Chemicals Ltd.
13.5.Gokul Overseas
13.6.Cristol.
13.7.Girnar Industries
13.8.Arvalli Castor Derivatives Pvt Ltd.
13.9.Royal Castor Products Limited.
13.10.Shavout International Holdings

LIST NOT EXHAUSTIVE