Description
North America Carrier Oil Market Research Report Forecast to 2028
Market Overview
The North America carrier oil market has witnessed substantial growth over the last few years. It is projected to reach USD 814.90 million by the end of 2028, registering a CAGR of 9.55% during the forecast period, 2021–2028. A few significant reasons for the growth of the North America carrier oil market are the rising demand for essential oils and the growth of the cosmetics industry. Moreover, the rising demand for organic carrier oil has allowed the market players to flourish in the North America carrier oil market. However, fluctuating raw material prices are expected to hinder market growth in the years to come. The North America carrier oil market is expected to register a notable growth rate during the forecast period. The rising demand for essential oils is majorly driving market growth. Also, the growth of the cosmetic industry boosts the sales of carrier oil. Moreover, the rising demand for organic carrier oils in various application industries creates an opportunistic market for manufacturers. However, fluctuating raw material prices act as a major restraint on the growth of the market.
The demand for essential oils is increasing across various industries owing to their aromatic and flavoring qualities and the growing demand for plant-based ingredients. As essential oils have compounds with antioxidant activity (phenolic compounds), they are used in the food industry as preservatives to prevent the spoilage of the products and increase their shelf life. Garlic, thyme, rosemary, oregano, and basil essential oils help to control bacterial growth in food products. Also, essential oils, including lavender and lime, help control fungal infections in food products. Thus, these attributes of essential oils are gaining traction among food manufacturers.
Market Segmentation
Based on product type, the North America carrier oil market has been segmented into coconut oil, jojoba oil, sweet almond oil, olive oil, grapeseed oil, and others. The others segment includes multiple products like apricot kernel oil, argan oil, rosehip oil, and avocado oil.
Based on category, the North American carrier oil market has been segmented into conventional and organic. Based on application, the North American carrier oil market has been segmented into food production, personal care, aromatherapy & cosmetics, and others.
Regional Analysis
The North American carrier oil market has been segmented, based on country, into the US, Canada, and Mexico.
Major Players
The major players operating in the North American carrier oil market include NOW Health Group, Inc. (US), Plant Therapy Essential Oils (US), La Lune Naturals (US), US Organic Group Corp. (US), and Edens Garden (US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 NORTH AMERICA CARRIER OIL MARKET, BY PRODUCT TYPE
1.1.2 NORTH AMERICA CARRIER OIL MARKET, BY CATEGORY
1.1.3 NORTH AMERICA CARRIER OIL MARKET, BY APPLICATION
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS & LIMITATIONS
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION
5.2 DRIVERS
5.2.1 RISING DEMAND FOR ESSENTIAL OILS
5.2.2 GROWTH OF THE COSMETICS INDUSTRY
5.2.3 DRIVERS IMPACT ANALYSIS
5.3 RESTRAINT
5.3.1 FLUCTUATING RAW MATERIAL PRICES
5.3.2 RESTRAINT IMPACT ANALYSIS
5.4 OPPORTUNITY
5.4.1 RISING DEMAND FOR ORGANIC CARRIER OIL
6 MARKET FACTOR ANALYSIS
6.1 VALUE CHAIN ANALYSIS
6.1.1 RAW MATERIAL PROCUREMENT
6.1.2 PROCESSING
6.1.3 PACKAGING
6.2 SUPPLY CHAIN ANALYSIS
6.3 PORTER’S FIVE FORCES MODEL
6.3.1 THREAT OF NEW ENTRANTS
6.3.2 BARGAINING POWER OF SUPPLIERS
6.3.3 THREAT OF SUBSTITUTES
6.3.4 BARGAINING POWER OF BUYERS
6.3.5 INTENSITY OF RIVALRY
6.4 IMPACT OF THE COVID-19 OUTBREAK ON NORTH AMERICA CARRIER OIL MARKET
6.4.1 OVERVIEW
6.4.2 IMPACT ON PRODUCTION
6.4.3 IMPACT ON THE SUPPLY CHAIN
6.4.3.1 WORKFORCE
6.4.3.2 TRANSPORTATION
6.4.3.3 TRADE
6.4.4 IMPACT ON PRICING
7 NORTH AMERICA CARRIER OIL MARKET, BY PRODUCT TYPE
7.1 OVERVIEW
7.1.1 NORTH AMERICA CARRIER OIL MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019–2028
7.2 COCONUT OIL
7.2.1 COCONUT OIL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
7.3 JOJOBA OIL
7.3.1 JOJOBA OIL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
7.4 SWEET ALMOND OIL
7.4.1 SWEET ALMOND OIL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
7.5 OLIVE OIL
7.5.1 OLIVE OIL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
7.6 GRAPESEED OIL
7.6.1 GRAPESEED OIL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
7.7 OTHERS
7.7.1 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
8 NORTH AMERICA CARRIER OIL MARKET, BY CATEGORY
8.1 OVERVIEW
8.1.1 NORTH AMERICA CARRIER OIL MARKET ESTIMATES & FORECAST, BY CATEGORY, 2019–2028
8.2 CONVENTIONAL
8.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
8.3 ORGANIC
8.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
9 NORTH AMERICA CARRIER OIL MARKET, BY APPLICATION
9.1 OVERVIEW
9.1.1 NORTH AMERICA CARRIER OIL MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019–2028
9.2 FOOD PRODUCTION
9.2.1 FOOD PRODUCTION: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
9.3 PERSONAL CARE
9.3.1 PERSONAL CARE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
9.4 AROMATHERAPY & COSMETICS
9.4.1 AROMATHERAPY & COSMETICS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
9.5 OTHERS
9.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2028
10 NORTH AMERICA CARRIER OIL MARKET, BY COUNTRY
10.1 OVERVIEW
10.2 US
10.3 CANADA
10.4 MEXICO
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.1.1 MARKET STRATEGY ANALYSIS
11.2 COMPETITIVE BENCHMARKING
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES
11.3.1 EXPANSION
11.3.2 PRODUCT LAUNCH
12 COMPANY PROFILES
12.1 PLANT THERAPY ESSENTIAL OILS
12.1.1 COMPANY OVERVIEW
12.1.2 FINANCIAL OVERVIEW
12.1.3 PRODUCTS OFFERED
12.1.4 KEY DEVELOPMENTS
12.1.5 SWOT ANALYSIS
12.1.6 KEY STRATEGIES
12.2 US ORGANIC GROUP CORP.
12.2.1 COMPANY OVERVIEW
12.2.2 FINANCIAL OVERVIEW
12.2.3 PRODUCTS OFFERED
12.2.4 KEY DEVELOPMENTS
12.2.5 SWOT ANALYSIS
12.2.6 KEY STRATEGIES
12.3 ARTNATURALS
12.3.1 COMPANY OVERVIEW
12.3.2 FINANCIAL OVERVIEW
12.3.3 PRODUCTS OFFERED
12.3.4 KEY DEVELOPMENTS
12.3.5 SWOT ANALYSIS
12.3.6 KEY STRATEGIES
12.4 AUNATURAL ORGANICS
12.4.1 COMPANY OVERVIEW
12.4.2 FINANCIAL OVERVIEW
12.4.3 PRODUCTS OFFERED
12.4.4 KEY DEVELOPMENTS
12.4.5 KEY STRATEGIES
12.5 NOW HEALTH GROUP, INC.
12.5.1 COMPANY OVERVIEW
12.5.2 FINANCIAL OVERVIEW
12.5.3 PRODUCTS OFFERED
12.5.4 KEY DEVELOPMENTS
12.5.5 SWOT ANALYSIS
12.5.6 KEY STRATEGIES
12.6 HANDCRAFT LLC
12.6.1 COMPANY OVERVIEW
12.6.2 FINANCIAL OVERVIEW
12.6.3 PRODUCTS OFFERED
12.6.4 KEY DEVELOPMENTS
12.6.5 KEY STRATEGIES
12.7 VIVA NATURALS
12.7.1 COMPANY OVERVIEW
12.7.2 FINANCIAL OVERVIEW
12.7.3 PRODUCTS OFFERED
12.7.4 KEY DEVELOPMENTS
12.7.5 SWOT ANALYSIS
12.7.6 KEY STRATEGIES
12.8 BROOKLYN BOTANY
12.8.1 COMPANY OVERVIEW
12.8.2 FINANCIAL OVERVIEW
12.8.3 PRODUCTS OFFERED
12.8.4 KEY DEVELOPMENTS
12.8.5 KEY STRATEGIES
12.9 EDENS GARDEN
12.9.1 COMPANY OVERVIEW
12.9.2 FINANCIAL OVERVIEW
12.9.3 PRODUCTS OFFERED
12.9.4 KEY DEVELOPMENTS
12.9.5 SWOT ANALYSIS
12.9.6 KEY STRATEGIES
12.10 LA LUNE NATURALS
12.10.1 COMPANY OVERVIEW
12.10.2 FINANCIAL OVERVIEW
12.10.3 PRODUCTS OFFERED
12.10.4 KEY DEVELOPMENTS
12.10.5 KEY STRATEGIES
13 REFERENCES
Companies Mentioned
NOW Health Group, Inc. (US), Plant Therapy Essential Oils (US), La Lune Naturals (US), US Organic Group Corp. (US), and Edens Garden (US)
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