Camelina Seed Oil Market Trends and Forecast
The future of the global camelina seed oil market looks promising with opportunities in the food & beverage and cosmetic & personal care markets. The global camelina seed oil market is expected to grow with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are growing demand for sustainable & bio-based oils and rising awareness about the health benefits of omega-3 fatty acids.
• Lucintel forecasts that unrefined is expected to witness higher growth over the forecast period.
• Within this market, food & beverage is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Camelina Seed Oil Market
• United States: Several companies, including Sustainable Oils and Camelina Company, have announced expansion plans to increase camelina seed cultivation. Government initiatives support biofuel production targets, aiming to reduce dependence on fossil fuels by promoting camelina oil as a sustainable alternative.
• Canada: Agriculture and Agri-Food Canada has launched research initiatives with companies like Smart Earth Seeds to enhance camelina oil production. Targets include increasing yields and improving oil quality for both industrial and nutritional applications.
• Europe: In countries like Germany and France, agricultural subsidies and EU-funded research projects support camelina seed oil as a biodiesel feedstock. Companies like Linnaeus Plant Sciences are working on genetic improvements to boost camelina yields, aligning with EU renewable energy directives.
• Australia: Companies such as Nuseed are collaborating with local governments to develop drought-resistant camelina varieties suitable for the Australian climates. Initiatives focus on sustainable farming practices and expanding camelina cultivation areas.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Camelina Seed Oil Market by Segment
The study includes a forecast for the global camelina seed oil market by type, application, and region.
Camelina Seed Oil Market by Type [Value from 2018 to 2030]:
• Unrefined Camellia Oil
• Refined Camellia Oil
Camelina Seed Oil Market by Application [Value from 2018 to 2030]:
• Food & Beverages
• Cosmetics & Personal Care
• Others
Camelina Seed Oil Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Camelina Seed Oil Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies camelina seed oil companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the camelina seed oil companies profiled in this report include-
• Henry Lamotte Oils
• Smart Earth Seeds
• Arette Foods
• OPW Ingredients
• Three Farmers Foods
• Bio Planete
• Shanghai Youngsun Foods
Recent Development in the Camelina Seed Oil Market
• Limagrain Céréales Ingrédients: Limagrain Céréales Ingrédients has expanded its camelina cultivation in Europe, focusing on sustainable farming practices to enhance oil quality and yield. Their research emphasizes genetic improvements tailored for European climates, aiming to boost local production of camelina seed oil.
• Pure Oils: Pure Oils has launched a new extraction technology for camelina seed oil, enhancing efficiency and preserving nutritional properties. Their innovation aims to meet rising demand for high-quality camelina oil in functional foods and nutraceuticals, ensuring superior product purity and shelf life.
• Galaxy Oils: Galaxy Oils has partnered with agricultural cooperatives in North America to scale up camelina seed production. Their initiative supports local farmers with advanced agronomic practices and market access, contributing to regional economic growth while meeting increasing consumer demand for sustainable plant-based oils.
• Protein Research Institute: The Protein Research Institute has conducted studies demonstrating the health benefits of camelina seed oil, highlighting its omega-3 fatty acid profile and antioxidant properties. Their research underscores camelina oilÄX%$%Xs potential in functional foods and dietary supplements, promoting cardiovascular health and overall well-being.
• BioExx Specialty Proteins: BioExx Specialty Proteins has invested in a new processing facility for camelina seed oil extraction in Asia-Pacific. The facility utilizes innovative green extraction methods to minimize environmental impact and maximize oil yield, catering to the regionÄX%$%Xs growing market for premium edible oils and biofuels.
Features of the Global Camelina Seed Oil Market
Market Size Estimates: Camelina seed oil market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Camelina seed oil market size by type, application, and region in terms of value ($B).
Regional Analysis: Camelina seed oil market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the camelina seed oil market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the camelina seed oil market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for camelina seed oil market?
Answer: The global camelina seed oil market is expected to grow with a CAGR of 6.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the camelina seed oil market?
Answer: The major drivers for this market are growing demand for sustainable & bio-based oils and rising awareness about the health benefits of omega-3 fatty acids.
Q3. What are the major segments for camelina seed oil market?
Answer: The future of the camelina seed oil market looks promising with opportunities in the food & beverage and cosmetic & personal care markets.
Q4. Who are the key camelina seed oil market companies?
Answer: Some of the key camelina seed oil companies are as follows:
• Henry Lamotte Oils
• Smart Earth Seeds
• Arette Foods
• OPW Ingredients
• Three Farmers Foods
• Bio Planete
• Shanghai Youngsun Foods
Q5. Which camelina seed oil market segment will be the largest in future?
Answer: Lucintel forecasts that unrefined is expected to witness higher growth over the forecast period.
Q6. In camelina seed oil market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the camelina seed oil market by type (unrefined camellia oil and refined camellia oil), application (food & beverages, cosmetics & personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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