Global Evening Primrose Oil Market: Emerging Economies Expected to Influence Growth until 2028

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Increasing health problems and health-related awareness in the population globally has fuelled the usage of natural food ingredients such as essential oils. Hence, there is high demand in the pharmaceutical and food processing industries for natural and herbal medications. Evening primrose oil is a good substitute for other ingredients that are generally used in pharmaceutical industries since the past several years. Evening primrose oil is mainly produced from evening primrose plant seeds. Native Americans traditionally consider evening primrose plant leaves, roots and seeds as food. Hence, the U.S. is the top importer and consumer of evening primrose oil worldwide. Multiple health benefits, ease of usage, and high knowledge & awareness among the population are some of the properties of evening primrose oil, which are expected to boost the Evening Primrose Oil Market during the forecast period. The preference of the population for living a healthy lifestyle is also among major factors driving the demand for the usage of evening primrose oil as a food supplement.

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The evening primrose oil is expected to witness high demand in North America and Europe. Moreover, the evening primrose oil market is expected to witness high demand in the Asia Pacific region due to the increasing per capita income and improving quality of life.

Growing demand for evening primrose oil from the cosmetic, beauty and food industries:-

The evening primrose oil market is gaining importance in recent times due to the discovery of its multiple benefits for the treatment of various diseases and health-related issues. Evening Primrose Oil contain several key ingredients which is extensively used for the treatment of nerve-related problems. Evening primrose oil is also able to treat skin and hair-related ailments, such as acne and hair loss, which is one of the major concerns among the young population, especially in Europe and North America. Moreover, evening primrose oil has shown significant results in clinical trials for the treatment of infertility and type 2 diabetes. In addition, evening primrose oil has the ability to treat several ailments, which include infertility, asthma and osteoporosis, among others. These benefits are leading to a boom in the usage of evening primrose oil. Thus, the export of evening primrose oil has increased from US$ 669.2 million in 2002 to US$ 2.4 billion in 2016. This can be attributed to the fact that evening primrose oil is a good alternative for several synthetically produced medicines in addition to being affordable & easily available.

Global Evening Primrose Oil: Market Segmentation

On the basis of application, the global evening primrose oil market has been segmented as:

  • Topically
  • Orally

On the basis of form, the global evening primrose oil market has been segmented as:

  • Capsules
  • Oil

On the basis of end use, the global evening primrose oil market has been segmented as:

  • Pharmaceuticals:-
  • Diabetes
  • Osteoporosis
  • Asthma
  • Infertility
  • Eczema
  • Others
  • Personal Care:-
  • Soaps
  • Cosmetics
  • Dietary Supplements

Global Evening Primrose Oil: Key Players

Some of the key players operating in the global Evening Primrose Oil market are, HTC Health, CONNOILS LLC, Oil Seed Extractions, OmegaNZ, Grupo Plimon, Aromex Industry, Sanmark Corporate, Efamol, Henry Lamotte and OILS GmbH. An increasing number of industrialists and cosmetic industries are showing a keen interest in producing evening primrose oil owing to the increasing demand for evening primrose oil.

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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

  • Market Dynamics
  • Market Size
  • Market Segments
  • Demand & Supply Trends
  • Current Issues and Challenges
  • Companies and Competitor Landscape
  • Value Chain
  • Technology

Regional Segments Analyzed Include

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

  • Elaborated scenario of the parent market
  • Transformations in the market dynamics
  • Detailed segmentation of the target market
  • Historical, current and forecast market size based on value and volume
  • Latest industry developments and trends
  • Competition landscape
  • Strategies adopted by the market players and product developments made
  • Potential and niche segments, along with their regional analysis
  • Unbiased analysis on performance of the market
  • Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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