Demand From Personal Care And Cosmetics Expected To Drive Eucommia Seed Oil Market Growth

Eucommia Seed Oil Market: Overview

The global market for Eucommia seed oil is influenced by a number of factors that affect its production. The primary factor that has guided the increased adoption of Eucommia seed oil is the changing food preferences from animal to vegetable products due to increased health awareness among consumers. Increasing demand for dietary fats and oils has also helped the rapeseed oil market expand.

Unlike other traditional medical products and medicines, essential oils like Eucommia seed oil have no serious side effects. These essential oil traits are expected to be the main market growth factor for the global Eucommia seed oil market.

In addition, growing prevalence of health issues, such as cardiovascular disorders, Alzheimer’s, and bronchitis, in aromatherapy applications creates more demand for effective essential oils like Eucommia seed oil.

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Eucommia Seed Oil Market: Dynamics

The growth of market for Eucommia seed oil can be due to the use of essential oils in various applications such as flavor & fragrance, aromatherapy, and others. In fact, the healing properties of Eucommia seed oil are projected to be instrumental in driving peak sales, paving the way for growth in the Eucommia seed oil market.

In addition, the wide use of Eucommia seed oil in commercial and household applications is also driving the global Eucommia seed oil market.

Growing demand from major end-use industries such as food and beverage, personal care and cosmetics, and aromatherapy is expected to drive the Eucommia seed oil market. In pharmaceutical and medical applications, many health benefits relating to Eucommia seed oil are expected to drive their demands.

High prices of essential oils including Eucommia seed oil, however, serve as the main market restraint. On the contrary, increased demand for essential oil is expected to provide opportunities for the growth of the essential oils market as natural preservatives.

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Eucommia Seed Oil Market: Segmentation

The Eucommia Seed Oil market can be segmented on the basis of type, distribution process, and end use application.

On the basis of type, the global Eucommia seed oil market can be segmented into:

• Saturated
• Unsaturated

On the basis of distillation process, the global Eucommia seed oil market can be segmented into:

• Steam Distillation
• Solvent Extraction
• Cold Press Extraction
• Others

On the basis of end use application, the global Eucommia seed oil market can be segmented into:

• Food & Beverages
• Cosmetics & Personal Care Products
• Home Care Products
• Medical & Pharmaceuticals
• Others

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Eucommia Seed Oil Market: Key Players

The Eucommia seed oil market is fragmented with the most number of players concentrated in Asia Pacific. Some of the key players include: Ji’An ZhongXiang Natural Plants Co.,Ltd., Jingwang Natural Spices, Borui Spice Oil Co. Ltd and others. The players in the Eucommia seed oil industry have taken product launch and acquisition as their main growth strategy to boost profitability and strengthen their position on the Eucommia seed oil market.

The key players also relied on the expansion of their company to remain competitive in the market. Sustainability policies have been implemented by reducing carbon emissions and by using by-product / waste. Companies are currently engaged in sustainability activities through collaborations with various stakeholders within the Eucommia seed oil supply chain

Important doubts related to the Eucommia Seed Oil market clarified in the report:

1. Which regional market is expected to witness the highest growth during the forecast period?
2. How has the surging prices of raw materials during the COVID-19 pandemic impacted the growth of the Eucommia Seed Oil market?
3. Why are market players focusing on R&D and innovations?
4. Are market players expanding their global presence? If yes, how?

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Eucommia Seed Oil Market: Effect of Covid-19 on the Food & Beverages Industry

The ongoing Covid 19 outbreak has seen a surge in the purchase of essential oils including Eucommia seed oil forom several end use industries.

Due to restricted operation of production facilities and several cases of high virus spread due to cross-contamination of the workers, the crisis has also decreased to utilization of Eucommia seed oil from several end use food companies. However, the market is expected to show uptick within the recovery phase.

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