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2024

Apple Seed Oil Market

Apple Seed Oil Market Size, Share, Competitive Landscape and Trend Analysis Report by Nature, by End User, by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: Samriddhi Chauhan | Roshan Deshmukh
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Apple Seed Oil Market Research, 2032

The global Apple Seed Oil Market Size was valued at $4.2 billion in 2022, and is projected to reach $6.9 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032.

Apple Seed Oil Market

Apple seed oil, derived from the seeds of apples, is a natural oil with numerous benefits for skincare. It is rich in essential fatty acids, vitamins, and antioxidants, making it an excellent choice for nourishing and protecting your skin. The oil is packed with vitamins A and E, which help in maintaining skin health and preventing premature ageing by reducing the appearance of fine lines and wrinkles.

Global apple production has increased by 453% in the last 56 years. Approximately 70% is marketed as fresh fruit, while 25–30% is processed into juices or juice concentrates, ciders, purées, jams, and dried products. The growth in apple production and processing has increased the number of by-products (apple pomace) after processing. Apple seed oil is obtained from apple pomace. Apple pomace, a leftover biomass generated in large quantities in fruit-processing industries (25–30% of the total processed fruits), contains four physiological components: flesh (60–65%), peel (30–35%), seed (3–4.5%) and stem (0.5-1%). Seeds are one of the valuable parts of apple fruit by-products. It was noted that the seeds in some varieties can constitute up to 0.7% of fresh apple. The average seed oil content is between 15–22% but can reach as high as 29.4%. Abiotic factors such as temperature, water availability, exposure to sunlight and horticultural measures may also strongly influence the biosynthesis of lipids in apple seeds. 

Apple seed oil is often used in cosmetics and medical purposes. This oil consists of amygdalin, also called vitamin B-17, which is used to produce anticancer medicine, laetrile. In addition, it comprises fatty acids such as calcium, magnesium, iron, potassium, and phosphorous. Moreover, it contains linoleic acid, fiber, oleic acid, alpha-linoleic, and natural sulfur. The presence of fatty acids in apple seed oil improves the overall skin appearance and provides softness as well as nutrition to the skin. Furthermore, this oil rejuvenates the skin, due to which it is majorly used in. In addition, the oil is used in home care products, such as candles, and massage centers & parlors for skin therapies, owing to the fact the oil imparts pleasant aroma.

The growth of the global apple seed oil market is driven by diversified health benefits associated with apple seed oil such as prevention from sun damage, skin softening, collagen activation, deceleration of ageing process, and improvement in appearance. Moreover, increase in adoption of apple seed oil for medicinal purposes such as prevention from skin cancer boosts the growth of the market. Furthermore, increase in consumer preference toward natural beauty products fuels the adoption of apple seed oil across the globe.

Segmental Overview

The apple seed oil market is segmented on the basis of nature, end use, distribution channel and region. On the basis of nature, the market is bifurcated as organic and conventional. On the basis of end use the market is classified into cosmetic, skin & hair care, health care, and food & beverage. On the basis of distribution channel, the market is classified into hypermarkets/supermarkets, specialty stores, online sales channel, business to business, and others. On the basis of region, the market is subdivided into North America, Europe, Asia-Pacific, and LAMEA.

By Nature

Apple Seed Oil Market by Nature

On the basis of nature, the conventional segment dominated the global market in the year 2022 and is expected to remain dominant during the forecast period. This is attributed to the traditional extraction methods for conventional apple seed oil are well-established and cost-effective, allowing for large-scale production that meets market demands. In addition, consumers often trust and prefer the familiarity of conventional products, contributing to the sustained dominance of traditional apple seed oil. The existing infrastructure and supply chains for conventional apple seed oil further support its prevalence in the market, as established networks facilitate efficient production and distribution. Moreover, conventional apple seed oil has a longer history in the market, garnering widespread acceptance and recognition among consumers.  The dominance of conventional apple seed oil persists due to its accessibility, affordability, and the inherent trust consumers place in well-established, conventional options while there is a growth in interest in organic and specialty oils.

However, organic apple seed oil is the fastest growing segment during the forecast period. This is attributed to the growth in demand for sustainable products. Organic apple seed oil is positioned as a sustainable option, resonating with environmentally conscious consumers seeking products that support ethical farming practices. The emphasis on sustainability further boosts the appeal of organic apple seed oil in a market where eco-friendly choices have gained prominence.

Moreover, the organic certification assures consumers of the purity and authenticity of the product, instilling confidence in its nutritional benefits. Organic apple seed oil stands out as the frontrunner, driving its remarkable growth in the market as the demand for clean, ethically sourced, and environmentally friendly products continues to rise.

By End Use

Apple Seed Oil Market by End User

On the basis of end use, the food & beverage segment dominated the global market in the year 2022 and is anticipated  to remain dominant during the forecast period. This is attributed to the versatile applications and nutritional benefits of this oil in culinary endeavors. Apple seed oil, with its unique flavor profile and potential health advantages, has become a sought-after ingredient in the food and beverage industry.  Food manufacturers incorporate apple seed oil into various products, including dressings, sauces, and baked goods, enhancing both flavor and nutritional value as consumers increasingly prioritize healthier and natural choices. The high smoke point of oil also makes it suitable for cooking at elevated temperatures. Moreover, the rise in trend of gourmet and health-conscious cuisine further propels the demand for apple seed oil in the food sector. Its inclusion in a diverse range of culinary creations positions it as a key ingredient, consolidating the food & beverage segment's dominance in driving the overall market.

However, the skin & haircare segment is expected to be the fastest growing segment during the forecast period. This is driven by driven by a convergence of consumer trends and the unique properties of apple seed oil. Consumers increasingly prioritize natural and organic ingredients in their skincare routines, seeking products that nourish and rejuvenate the skin and hair without harsh chemicals. Apple seed oil, rich in antioxidants, vitamins, and omega fatty acids, aligns perfectly with these preferences. Its moisturizing and emollient properties make it an ideal ingredient for skincare formulations, promoting hydration and combating signs of aging. Furthermore, potential benefits of the oil for hair health, including strengthening and promoting shine, contribute to its popularity in haircare products.  The skin and haircare segment continues to propel the overall growth of the apple seed oil market in the Middle East and Africa as awareness of these benefits grows, coupled with the rising Apple Seed Oil Market Demand for clean beauty products.

By Distribution Channel

Apple Seed Oil Market by Distribution Channel

On the basis of distribution channel, the business-to-business channel dominated the global market in the year 2022 and is expected  to remain dominant during the Apple Seed Oil Market Forecast period. This is attributed to the complex supply chain and the industrial nature of the product. Apple seed oil is often sourced and distributed in bulk quantities, making B2B relationships pivotal for manufacturers, suppliers, and retailers. B2B channels facilitate seamless transactions between producers and downstream businesses, ensuring a consistent and efficient flow of apple seed oil for various applications, including cosmetics, food processing, and pharmaceuticals. The extensive network of B2B relationships fosters collaboration, allowing for large-scale production and distribution, thereby establishing it as the dominant segment in the Apple Seed Oil Industry.

However, the online sales channel segment is expected to be the fastest growing segment during the forecast period. This is driven by driven by evolving consumer preferences and the global shift toward e-commerce. This surge is attributed to the convenience, accessibility, and diverse product offerings available through online platforms. Consumers seeking natural and specialty products such as apple seed oil increasingly prefer the ease of online purchasing, coupled with the ability to explore product information, compare options, and read customer reviews. The online channel facilitates direct interactions between producers and end consumers, eliminating intermediaries and providing a platform for niche and organic apple seed oil products, contributing to its rapid Apple Seed Oil Market Growth in the market.

By Region

Apple Seed Oil Market by Region

Competition Analysis

The players operating in the global malted milk market have adopted various developmental strategies to increase their Apple Seed Oil Market Share, gain profitability, and remain competitive in the market. The key players included in the yerba mate market analysis are AOS Products, Kazima Perfumers, , Suyash Herbs Exports Private Limited, Kanta Enterprises Private Limited, Paras Perfumers, Shiv Sales Corporation, Aromatic Herbals Private Limited, Aromaaz International, Natures Natural India, NHR Organic Oils, Mother Herbs Private Limited, Sunrise Agriland Development and Research Private Limited, The Good Scents Company, and Shaanxi Guanjie Technology Co., Ltd., O&3 Ltd, Au Natural Organics, The Kerfoot Group, Innisfree, Cocojojo Organic, The Jojoba Company, H&B Oil Center Company, Organic Pure Oil, Suyash Ayurveda, Paras Perfumers, and K.K Enterprisers.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the apple seed oil market analysis from 2022 to 2032 to identify the prevailing apple seed oil market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the apple seed oil market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global apple seed oil market trends, key players, market segments, application areas, and market growth strategies.

Apple Seed Oil Market Report Highlights

Aspects Details
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Market Size By 2032

USD 6.9 billion

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Growth Rate

CAGR of 5.2%

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Forecast period

2022 - 2032

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Report Pages

300

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By Distribution Channel
  • Hymarkets and Supermarkets
  • Specialty Stores
  • Online Sales Channel
  • Business to Business
  • Others
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By Nature
  • Organic
  • Conventional
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By End User
  • Food and Beverage
  • Cosmetic
  • Skin and hair Care
  • Health Care
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)
  • Latin America  (Brazil, Argentina, Rest of Latin America)
  • Middle East and Africa  (South Africa, Saudi Arabia, Rest of Middle East And Africa)
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Key Market Players

H&B OIL CENTER COMPANY, Cyrus Enterprises, Herboil Chem, Akoma Skincare, Leven Rose, K.K ENTERPRISERS, CocoJoJo, AU NATURAL ORGANICS, The Kerfoot Group Limited, Organic Pure Oil

Analyst Review

The global apple seed oil market has witnessed steady growth in recent years, propelled by increase in consumer awareness of the health benefits associated with this versatile and nutrient-rich oil. Derived from the seeds of apples, this oil has gained prominence in various industries, including cosmetics, pharmaceuticals, and food.

One of the key drivers behind the surge in demand for apple seed oil is its rich composition of essential fatty acids, antioxidants, and vitamins. Consumers have increasingly sought natural and sustainable alternatives in personal care and cosmetics, leading to a growth in preference for apple seed oil as a key ingredient. The antioxidant properties of the oil contribute to its popularity in skincare products, promising anti-aging benefits and skin rejuvenation.

In the food industry, the use of apple seed oil has gained traction due to its mild flavor and potential health benefits. Customers are drawn to products that offer nutritional value without compromising on taste as they become more health-conscious. Apple seed oil fits this criterion, finding applications in salad dressings, cooking oils, and nutritional supplements.

On the basis of region, the market for apple seed oil has witnessed significant growth in Asia-Pacific, driven by the increase in adoption of natural and organic products in countries such as China and India. The North American and European markets also contribute substantially to the overall growth, with a rise in trend toward clean-label and natural ingredients in consumer products.

 Challenges such as the availability of raw materials and cost of the extraction process implications are aticipated to pose constraints to market growth, despite the positive trends. However, ongoing R&D activities focused on improving extraction methods and increase in production efficiency present opportunities for market players to overcome these challenges.

Author Name(s) : Samriddhi Chauhan | Roshan Deshmukh
Frequently Asked Questions?

The global apple seed oil market was valued at $4.2 billion in 2022, and is projected to reach $6.9 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032.

The apple seed oil market is nature, end user, distribution channel and region. 2023-2032 would be the forecast period in the market report.

The conventional segment held the largest market share in 2022, and is expected to grow at the fastest rate during the forecast period. $4.2 billion is the market value of the apple seed oil market in 2022.

The apple seed oil market is analyzed across North America, Europe, Asia-Pacific, LA and MEA. 2022 is the base year calculated in the Apple seed oil market report.

The top companies that hold the market share are AOS Products, Kazima Perfumers, Camstar Herbs, Suyash Herbs Exports Private Limited, Kanta Enterprises Private Limited, Paras Perfumers, Shiv Sales Corporation, Aromatic Herbals Private Limited.

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Apple Seed Oil Market

Global Opportunity Analysis and Industry Forecast, 2023-2032