Rosehip Oil Market: Detailed analysis and growth trends
Stratview Research has published a new report titled “Rosehip Oil Market” which is segmented By Type (Essential Oil, Compound Oil), By Application (Skin Care, Hair Care), and Region.
As per the study, the Global Rosehip Oil Market is estimated to grow from USD 108.5 million in 2020 to USD 197.6 million by 2026 at a healthy CAGR of 10.7% during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on type, the global rosehip oil is bifurcated into essential oil and compound oil. The compound oil segment held the largest share in 2020 and is projected to register a healthy CAGR by the end of 2026. This is mainly ascribed to its excellent benefits like skin brightening, boost collagen formation, moisturizes the skin, and reduces inflammation & hyperpigmentation. Thus, it is mainly preferred as compared to essential oil.
Based on region, the rosehip oil is classified into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Chile, in South America, is the leading producer of Rosehip pulp followed by Bulgaria and Turkey, which is the largest producer of rosehip oil. The Asia Pacific market is likely to grow at a considerable CAGR especially in Oceania- Australia & New Zealand due to rising health consciousness among the regional residents.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Rosehip Oil Market:
· Trilogy (New Zealand),
· Kosmea (Australia),
· Swisse (Australia),
· Sukin Naturals (Australia),
· Coesam (Chile),
· Kate Blanc (The U.S.),
· Thursday Plantation (The U.S.),
· Avi Naturals (India),
· Florihana (France),
· Oshadhi (India), and
· Radha Beauty (The U.S.).
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