The Asia Pacific Sea Buckthorn Market would witness market growth of 10.4% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 1,989.1 Tonnes, showcasing a growth of 16.1% (2020-2023).
Sea buckthorn oil, derived from the seeds or fruit pulp of the plant, is highly valued for its potent medicinal and cosmetic properties. Rich in essential fatty acids, including omega-3, -6, -7, and -9, as well as vitamins, minerals, and antioxidants, this oil is renowned for its nourishing and healing effects on the skin and hair. Therefore, the demand of oil in India was 23.7 Tonnes in 2023.
The China market dominated the Asia Pacific Sea Buckthorn Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $70,297.2 Thousands by 2031. The Japan market is registering a CAGR of 9.7% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 11.2% during (2024 - 2031).
Sea buckthorn is valued for its functional properties and potential health benefits. It is used to formulate nutraceutical products such as dietary supplements, capsules, and powders, offering consumers a convenient way to boost their nutritional intake and support overall well-being. These supplements are often promoted for their antioxidant, anti-inflammatory, and immune-boosting properties.
Sea buckthorn berries and oil are utilized in culinary applications to add flavour, colour, and nutritional value to dishes. These berries can be used fresh, dried, or processed into jams, syrups, and sauces. This oil is often used as a condiment or flavouring agent in salad dressings, marinades, and desserts, contributing a tangy and fruity taste to various recipes. Similarly, due to their high nutritional value, these leaves and branches are sometimes used as fodder for livestock.
With India being a significant producer of sea buckthorn, the global supply of these products increases. This abundance of supply can lead to greater availability of products derived from this in domestic and international markets. According to the Agri Exchange, at least 600 tons of these berries are harvested in Ladakh annually. Sea buckthorn, known for its rich nutritional content and medicinal benefits, has become a sought-after ingredient for formulating dietary supplements, functional foods, and health beverages. The National Investment & Promotion Agency projects that the growing demand for dietary supplements from the higher and middle classes will cause the Indian nutraceuticals sector to expand from $4 billion in 2017 to $18 billion in 2025. Therefore, the expansion of the rising cosmetics industry and its high production in the region is propelling the market’s growth.
Based on Form, the market is segmented into Juice, Powder, Oil, and Others. Based on Application, the market is segmented into Pharmaceutical, Dietary Supplement, Food & Beverages, Cosmetics & Personal Care, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
Sea buckthorn oil, derived from the seeds or fruit pulp of the plant, is highly valued for its potent medicinal and cosmetic properties. Rich in essential fatty acids, including omega-3, -6, -7, and -9, as well as vitamins, minerals, and antioxidants, this oil is renowned for its nourishing and healing effects on the skin and hair. Therefore, the demand of oil in India was 23.7 Tonnes in 2023.
The China market dominated the Asia Pacific Sea Buckthorn Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $70,297.2 Thousands by 2031. The Japan market is registering a CAGR of 9.7% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 11.2% during (2024 - 2031).
Sea buckthorn is valued for its functional properties and potential health benefits. It is used to formulate nutraceutical products such as dietary supplements, capsules, and powders, offering consumers a convenient way to boost their nutritional intake and support overall well-being. These supplements are often promoted for their antioxidant, anti-inflammatory, and immune-boosting properties.
Sea buckthorn berries and oil are utilized in culinary applications to add flavour, colour, and nutritional value to dishes. These berries can be used fresh, dried, or processed into jams, syrups, and sauces. This oil is often used as a condiment or flavouring agent in salad dressings, marinades, and desserts, contributing a tangy and fruity taste to various recipes. Similarly, due to their high nutritional value, these leaves and branches are sometimes used as fodder for livestock.
With India being a significant producer of sea buckthorn, the global supply of these products increases. This abundance of supply can lead to greater availability of products derived from this in domestic and international markets. According to the Agri Exchange, at least 600 tons of these berries are harvested in Ladakh annually. Sea buckthorn, known for its rich nutritional content and medicinal benefits, has become a sought-after ingredient for formulating dietary supplements, functional foods, and health beverages. The National Investment & Promotion Agency projects that the growing demand for dietary supplements from the higher and middle classes will cause the Indian nutraceuticals sector to expand from $4 billion in 2017 to $18 billion in 2025. Therefore, the expansion of the rising cosmetics industry and its high production in the region is propelling the market’s growth.
Based on Form, the market is segmented into Juice, Powder, Oil, and Others. Based on Application, the market is segmented into Pharmaceutical, Dietary Supplement, Food & Beverages, Cosmetics & Personal Care, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- SeabuckWonders
- W. S. Badger Company, Inc.
- STADA Arzneimittel AG
- Erbology Ltd
- SIBU Sea Berry Therapy
- Weleda AG
- Natura Health Products
- TEREZIA COMPANY s.r.o.
- HiPP GmbH & Co. Vertrieb KG
- Organic India Pvt. Ltd.
Market Report Segmentation
By Form (Volume, Tonnes, USD Million, 2020-2031)- Juice
- Powder
- Oil
- Others
- Pharmaceutical
- Dietary Supplement
- Food & Beverages
- Cosmetics & Personal Care
- Others
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Sea Buckthorn Market by Form
Chapter 5. Asia Pacific Sea Buckthorn Market by Application
Chapter 6. Asia Pacific Sea Buckthorn Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- SeabuckWonders
- W.S. Badger Company, Inc.
- STADA Arzneimittel AG
- Erbology Ltd
- SIBU Sea Berry Therapy
- Weleda AG
- Natura Health Products
- TEREZIA COMPANY s.r.o.
- HiPP GmbH & Co. Vertrieb KG
- Organic India Pvt. Ltd.
Methodology
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