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North America Maracuja Oil Market Size, Share & Trends Analysis Report By Distribution Channel (Offline and Online), By Application (Cosmetics & Personal Care, Food & Beverage and Others), By Nature, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 113 Pages
  • April 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5972451
The North America Maracuja Oil Market would witness market growth of 8.8% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 2904.13 Tonnes, showcasing a growth of 17.3% (2020-2023).

Renowned for its nourishing and rejuvenating properties, Maracuja oil is a common product in skincare formulations such as moisturizers, serums, and facial oils. Its high content of essential fatty acids and antioxidants makes it an ideal choice for hydrating and protecting the skin, leaving it soft, supple, and radiant. Thus, Canada market consumed 233.59 Tonnes of Maracuja oil in cosmetics & personal care segment in 2023.



The US market dominated the North America Maracuja Oil Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,126.9 Million by 2031. The Canada market is experiencing a CAGR of 11.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.3% during (2024 - 2031).

With an increasing aging population and growing consumer awareness of the importance of preventive skincare, there is a rising demand for anti-aging products. Maracuja oil’s high antioxidant content and ability to promote skin regeneration make it a sought-after ingredient in anti-aging formulations. Beauty brands are expanding their offerings to include a wider range of maracuja oil-infused products. This includes skincare products, haircare, body care, and cosmetic products. Maracuja oil can be found in everything from moisturizers and serums to shampoos, conditioners, and lip balms.

Moreover, maracuja oil is versatile and can be used in sweet and savory food and beverage products. It can be used as a flavoring agent, a cooking oil, or a finishing oil, adding depth and complexity to dishes. Maracuja oil is a natural ingredient derived from the seeds of passion fruit, making it an attractive option for food and beverage manufacturers seeking clean labels and minimally processed ingredients.

As per the International Trade Administration (ITA), in the first half of 2022, the Canadian cosmetics industry was the fastest-growing industry in the country. In 2022, Canada’s personal care and beauty sector earned around $11 billion in revenue. Canadian consumers are increasingly drawn to natural and clean beauty products, preferring ingredients that are plant-based, sustainably sourced, and free from synthetic chemicals.

The availability of maracuja oil-based cosmetics through various retail channels, including specialty beauty stores, department stores, pharmacies, and online platforms, increases accessibility for Canadian consumers. Wide distribution channels ensure that consumers across Canada can access maracuja oil products easily. Also, ITA estimates by 2024, cosmetic industry revenue is anticipated to increase by 1.45% yearly to USD 1.8 billion. Hence, the factors mentioned above will drive the regional market growth.

Based on Distribution Channel, the market is segmented into Offline and Online. Based on Application, the market is segmented into Cosmetics & Personal Care, Food & Beverage and Others. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Tarte, Inc. (Kose Corporation)
  • Edens Garden Essentials Corporation
  • Amara Beauty
  • InstaNatural LLC
  • Aduna LTD
  • Eve Hansen
  • Leven Rose
  • La Tourangelle, Inc.
  • Josie Maran Cosmetics, LLC
  • Aura Cacia (Frontier Co-op)

Market Report Segmentation

By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
  • Offline
  • Online
By Application (Volume, Tonnes, USD Billion, 2020-2031)
  • Cosmetics & Personal Care
  • Food & Beverage
  • Others
By Nature (Volume, Tonnes, USD Billion, 2020-2031)
  • Conventional
  • Organic
By Country (Volume, Tonnes, USD Billion, 2020-2031)
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Maracuja Oil Market, by Distribution Channel
1.4.2 North America Maracuja Oil Market, by Application
1.4.3 North America Maracuja Oil Market, by Nature
1.4.4 North America Maracuja Oil Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Maracuja Oil Market by Distribution Channel
4.1 North America Offline Market by Region
4.2 North America Online Market by Region
Chapter 5. North America Maracuja Oil Market by Application
5.1 North America Cosmetics & Personal Care Market by Country
5.2 North America Food & Beverage Market by Country
5.3 North America Others Market by Country
Chapter 6. North America Maracuja Oil Market by Nature
6.1 North America Conventional Market by Country
6.2 North America Organic Market by Country
Chapter 7. North America Maracuja Oil Market by Country
7.1 US Maracuja Oil Market
7.1.1 US Maracuja Oil Market by Distribution Channel
7.1.2 US Maracuja Oil Market by Application
7.1.3 US Maracuja Oil Market by Nature
7.2 Canada Maracuja Oil Market
7.2.1 Canada Maracuja Oil Market by Distribution Channel
7.2.2 Canada Maracuja Oil Market by Application
7.2.3 Canada Maracuja Oil Market by Nature
7.3 Mexico Maracuja Oil Market
7.3.1 Mexico Maracuja Oil Market by Distribution Channel
7.3.2 Mexico Maracuja Oil Market by Application
7.3.3 Mexico Maracuja Oil Market by Nature
7.4 Rest of North America Maracuja Oil Market
7.4.1 Rest of North America Maracuja Oil Market by Distribution Channel
7.4.2 Rest of North America Maracuja Oil Market by Application
7.4.3 Rest of North America Maracuja Oil Market by Nature
Chapter 8. Company Profiles
8.1 Tarte, Inc. (KOSE Corporation)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 SWOT Analysis
8.2 Edens Garden Essentials Corporation
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Amara Beauty
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 InstaNatural LLC
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Aduna LTD
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Eve Hansen
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Leven Rose
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 La Tourangelle, Inc.
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Josie Maran Cosmetics, LLC
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Aura Cacia (Frontier Co-op)
8.10.1 Company Overview
8.10.2 SWOT Analysis

Companies Mentioned

  • Tarte, Inc. (Kose Corporation)
  • Edens Garden Essentials Corporation
  • Amara Beauty
  • InstaNatural LLC
  • Aduna LTD
  • Eve Hansen
  • Leven Rose
  • La Tourangelle, Inc.
  • Josie Maran Cosmetics, LLC
  • Aura Cacia (Frontier Co-op)

Methodology

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