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Babassu Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Pre Book Price: $ 5216

Original Price: $ 5795

Babassu Oil Market: Overview

Babassu oil derived from the seeds of the babassu tree. Babassu oil produced widely in Brazil and is measured a key economic and industrial resource for the region. Babassu follow similar properties as coconut oil and is rapidly being used in a substitution of coconut oil. Babassu oil consist of around 70% lipids and is cold pressed from the kernel and is produced without chemicals additives. Babassu oil is commonly used for in making soap and cooking. Babassu mixes well with most all other oils, like other essential oils such as coconut oil, olive oil, and others.

Babassu Oil Market: Drivers & Restraints

The major factors driving the growth of babassu oil market are growing demand of babassu oil in a wide range of applications ranging from food to pharmaceutical, similar property as coconut oil, increasing urbanization, and rising disposable income. In addition, babassu oil is considered as a substitute for coconut oil in numerous applications including baking, and cooking. Due to this, rising cholesterol among consumers attributed to the use of coconut oil is expected to grow babassu oil market in coming years. Further, babassu oil is also used as a skin moisturizer in the cosmetic segment and as a biodiesel in several industrial applications. Rising demand for food on a large scale with increasing industrial activities in several regions is expected to fuel babassu oil market in coming years. With rising health awareness among consumers across the world especially in Asia Pacific countries including China India, and Malaysia is expected to hinder the coconut oil market. This in turn is boost the growth of babassu oil demand over the forecasted years. Babassu oil application such as non- drying oil in foods skin products, and cleaners are also boosting the growth of the market. On the other hand, higher availability of coconut oil as compared to babassu oil is the major factor that is expected to restrain babassu oil market demand. In addition, lack of awareness on the health benefits of babassu oil among consumers are likely to restrict is market especially in developing countries over the forecast years.

Babassu Oil Market: Market Segmentation      

The babassu oil market is segmented into four parts based on the product type, application type, distribution channels, and geography.

Based on the product type the babassu oil market is segmented into:

  • Red Babassu Oil
  • Fractional Babassu Oil
  • White Babassu Oil
  • Others

Based on the application type the babassu oil market is segmented into:

  • Pharmaceuticals & Medical
  • Food Industry
  • Personal Care & Cosmetics
  • Others

Based on the type of distribution channels babassu oil market is segmented into:

  • Internet Retailing
  • Mass Retailers
  • Direct Selling
  • Others

Babassu Oil Market: Regional Outlook 

Regarding geography, babassu oil market has been categorized into five seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. Babassu oil market is expected to register healthy CAGR during the forecast period. Asia-Pacific represents the significantly high market share and grow with comparatively high CAGR in forecast period. North America is experiencing the rapid increase in the production capacity of babassu oil owing to increasing demand of babassu oil use in growing end-use industries including foods, cosmetics pharmaceutical, and personal care industries. Babassu oil market is projected to register healthy growth due increasing end-user application across globe. Babassu oil market for Asia Pacific is also expected to witness rapid growth during the forecast period primarily attributed to the growth of commercial oil industry, especially in China and India. Moreover, increasing population and rising demand of coconut oil, owing to increase demand for babassu oil due to its similar property in emerging economies of China and India is expected to boost the growth the APEJ babassu oil market.

Babassu Oil Market: Key Players

Some of the prominent players identified in the babassu oil market are:-

  • Shareg Co Ltd
  • Guemo Co Ltd
  • Aboissa Representacoes S/S Ltd
  • Gateway Ltd
  • Al-Amin Oils Ltd
  • Greenpuma Ltd
  • Others 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

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