Tea Seed Oil Market Size, Share, Growth Report 2030

The global Tea Seed Oil market accrued earnings worth approximately 11.2 (USD Billion) in 2019 and is predicted to gain revenue of about 55.1(USD Billion) by 2026, is set to record a CAGR of nearly 6.25% over the period from 2020 to 2026. The report offers an assessment and analysis of the Tea Seed Oil market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

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Tea Seed Oil Market: Overview

Tea tree oil is extracted from tea tree leaves. Reportedly, tea tree oil is used on skin for treating infections such as fungal infections of nail, acne, scabies, ringworm, lice, athlete foot, and scabies. In addition to this, the product is also applied to skin as antiseptic for abrasions and cuts, toothache, recurrent cold sores, burns, boils, insect stings, hemorrhoids, sore throat, ear infections, mouth & nose infections, and vaginal infections. Apparently, tea tree oil is utilized for preventing particular kind of bacteria resistant to antibiotics and skin rash caused due to interaction of body with nickel.

Apart from this, the product is also used for annihilating excessive body hair or hirsutism in females. Furthermore, it is useful for treating mite infection occurring at eyelid base and for dandruff treatment. It also treats bad breath and gum disorders.

Tea Seed Oil Market: Growth Drivers

With tea seed oil rich in vitamin E and antioxidants, the tea seed oil industry is anticipated to gain traction over the upcoming years. In addition to this, tea seed oil comprises of mono-unsaturated fatty acids that helps in production of healthy oils utilized for cooking. Apparently, tea seed oil possesses high smoke point and hence is used for deep frying. All these aforementioned factors are anticipated to drive the market trends.

Moreover, tea seed oils also find myriad applications in the cosmetics industry & personal care and as an anti-ageing agent in women. Reportedly, tea seed oil is grown majorly in South China and East Asia and is popular across the globe. Furthermore, the beneficial features of the product and its extensive use will prompt the tea seed oil industry growth over the estimated timeframe. Surging demand for organic products in healthcare sector will embellish the market size in the upcoming years. Its prominent use in pharmaceutical & medical industry has created lucrative growth avenues for tea seed oil business over the forthcoming years.

North America To Dominate Overall Market Size Over 2020-2026

The expansion of tea seed oil industry in North America over the assessment period is owing to a prominent demand for the product by the consumers in the countries such as the U.S. and Canada. In addition to this, escalating use of natural personal care items causing lesser side effects along with its other beneficial features has enhanced the product popularity and penetration in the region, thereby driving the regional industry landscape.

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Report Scope

Key players profiled in the report include Arette Foods Inc., Runxinoil, Shanghai YoungSun Foods Co. Ltd., Hunan Guitaitai Camellia Oil Technology Co. Ltd., and Hunan Jinhao Camellia Oil Co Ltd.

The global Tea Seed Oil Market is segmented as follows:

By Grade

• Food Grade
• Industrial Grade
• Pharmaceutical Grade

By Application

• Food & Beverages
• Cosmetics
• Personal Care
• FMCG
• Pharmaceutical

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa