Cherry Seed Oil Market Trends and Forecast
The future of the global cherry seed oil market looks promising with opportunities in the cosmetic and personal care product markets. The global cherry seed oil market is expected to grow with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are expansion of cherry cultivation for both culinary and cosmetic purposes and increasing consumer preference for natural skincare and haircare products.
• Lucintel forecasts that organic prunus avium seed oil is expected to witness higher growth over the forecast period.
• Within this market, personal care product is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Cherry Seed Oil Market
• United States: Mountain Rose Herbs have announced initiatives to source organic cherry seed oil for natural skincare products, targeting growth in the premium skincare market segment.
• Turkey: Botanic Universe are investing in the extraction and production of cherry seed oil, aiming to increase export volumes to the European markets and beyond.
• Chile: Agroindustria Comercializadora Radal Ltda. are focusing on developing cold-pressed cherry seed oil varieties, with targets to enhance product quality and expand market presence in South America.
• China: Shaanxi Guanjie Technology Co., Ltd., are ramping up production of cherry seed oil for the pharmaceutical and cosmetic industries, with initiatives to meet domestic demand and explore international markets.
• Japan: Aroma Forest Co., Ltd., are leveraging cherry seed oilÄX%$%Xs antioxidant properties in new skincare formulations, setting targets to innovate and capture market share in the beauty industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cherry Seed Oil Market by Segment
The study includes a forecast for the global cherry seed oil market by type, application, and region.
Cherry Seed Oil Market by Type [Value from 2018 to 2030]:
• Organic Prunus Avium Seed Oil
• Common Prunus Avium Seed Oil
Cherry Seed Oil Market by Application [Value from 2018 to 2030]:
• Cosmetics
• Personal Care Product
• Others
Cherry Seed Oil Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cherry 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 cherry seed oil companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cherry seed oil companies profiled in this report include-
• Green Source Organics
• A&A Fratelli Parodi
• Biocosmethic
• New Directions Aromatics
• OQEMA
Recent Development in the Cherry Seed Oil Market
• NOW Foods has introduced cold-pressed cherry seed oil as part of their natural skincare range, highlighting its antioxidant properties and suitability for sensitive skin.
• Bio-Botanica Inc. has expanded its cherry seed oil production to meet growing demand in the natural cosmetics industry, focusing on sustainable sourcing and product purity.
• Katyani Exports has entered the cherry seed oil market with organic variants, targeting the global beauty and wellness sectors with certifications for purity and sustainability.
• Essential Wholesale & Labs has developed customized formulations using cherry seed oil for haircare and skincare products, emphasizing natural ingredients and eco-friendly practices.
• Biopurus has launched a range of organic cherry seed oil supplements, promoting its health benefits such as anti-inflammatory properties and support for cardiovascular health.
Features of the Global Cherry Seed Oil Market
Market Size Estimates: Cherry 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: Cherry seed oil market size by type, application, and region in terms of value ($B).
Regional Analysis: Cherry 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 cherry seed oil market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cherry 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 cherry seed oil market?
Answer: The global cherry seed oil market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the cherry seed oil market?
Answer: The major drivers for this market are expansion of cherry cultivation for both culinary and cosmetic purposes and increasing consumer preference for natural skincare and haircare products.
Q3. What are the major segments for cherry seed oil market?
Answer: The future of the cherry seed oil market looks promising with opportunities in the cosmetic and personal care product markets.
Q4. Who are the key cherry seed oil market companies?
Answer: Some of the key cherry seed oil companies are as follows:
• Green Source Organics
• A&A Fratelli Parodi
• Biocosmethic
• New Directions Aromatics
• OQEMA
Q5. Which cherry seed oil market segment will be the largest in future?
Answer: Lucintel forecasts that organic prunus avium seed oil is expected to witness higher growth over the forecast period.
Q6. In cherry 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 cherry seed oil market by type (organic prunus avium seed oil and common prunus avium seed oil), application (cosmetics, personal care product, 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?
For any questions related to Cherry Seed Oil Market Market, Cherry Seed Oil Market Market Size, Cherry Seed Oil Market Market Growth, Cherry Seed Oil Market Market Analysis, Cherry Seed Oil Market Market Report, Cherry Seed Oil Market Market Share, Cherry Seed Oil Market Market Trends, Cherry Seed Oil Market Market Forecast, Cherry Seed Oil Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.