Analysis of Evening Primrose Oil market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
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.
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.
Don't Need a Global Report?
Save 40% on Country & Region specific reports
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.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Some of the key players operating in the global Evening Primrose Oil market are,
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Opportunities for the participants in the global evening primrose oil market are optimistic owing to the growing demand in North America and Europe, as there is an increase in the consumption of evening primrose oil in pharmaceutical industries as well as in the food and cosmetic industries in these regions. With growth in the intake of processed food, evening primrose oil is one of the prominent dietary supplements for the treatment of the most common disorders such as baldness and acne. The preference of people around the world for natural products presents a lucrative opportunity for market players.
Evening primrose oil is highly consumed in North America, particularly in the USA, Mexico and Europe, in countries such as France, Germany and the U.K., due to lifestyle, environmental factors and the food consumed. The population in these regions consumes more processed food and dietary supplements in daily life. In the Asia Pacific region, the production and processing of evening primrose oil in cosmetics and personal care products is on the rise due to a significant increase in the population. China is the top exporter of evening primrose oil and the U.S. is the top importer of evening primrose oil in the world. In the Middle East and African regions, the consumption of evening primrose oil is low owing to the lack of knowledge about the product, which can be easily overcome.
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
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.
On the basis of application, the global evening primrose oil market has been segmented as:
On the basis of form, the global evening primrose oil market has been segmented as:
On the basis of end use, the global evening primrose oil market has been segmented as:
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
- Premium Report Details -
- Let's Connect -
- Quick Contact -
- Get Started -
Get insights that lead to new growth opportunitiesPre Book
Get A Special pricing for start-ups and universitiesEnquiry Before Buying
- Humble, Yet Honored -
- Research Methodology -
An Adaptive Approach to Modern-day Research NeedsGet Methodology
- Related Reports -
The evening primrose oil market size is currently valued at USD 210.33 Million.
The size of the evening primrose oil market is likely to expand at a 4.85% CAGR during the forecast period.
The North America region is likely to lead the evening primrose oil market.
Need An Exclusive Report For Your Unique Requirement?