0

onion oils Market Expected to Reach $565.5 million by 2030-Allied Market Research

 
2022
onion oils Market

Report Code : A14181

quote The demand for onion oils is expected to increase during the forecast period. This is attributable to rising number of hair related problems such as hair loss, baldness and others among the consumers across and increase in number of women working populations who are increasingly spending on hair care products is likely to further creating demand for onion oils among female consumers. quote

Shankar Bhandalkar
Team Lead, Consumer goods at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “Global onion oils market by product type, end user, distribution channel, and region: global opportunity analysis and industry forecast, 2021–2030, The global onion oil market was valued at $40.2 million in 2020, and is projected to reach $112.6 million by 2030, registering a CAGR of 10.9% from 2021 to 2030.Onion oil  device is a type of hair care product that helps to rejuvenate skin , treat hair loss, reduces scalp issues , and others by boosting the production of collagen. In addition to this, surge in youth population, improved lifestyle, and rise in disposable income of individuals in developing countries are anticipated to offer immense opportunities for market players during the forecast period. Nowadays, onion oil is gaining popularity among the consumers to prevent hair loss, avoiding hair breakage , and others. This in turn has propel the demand for onion oils from the consumers contributing in driving the onion oils market growth in terms of value sales.

The outbreak of coronavirus has negatively impacted the onion oils industry along with all stages of supply chain and value chain. Presently, the supply chain is far more complex as compared to what it was a decade ago. The COVID-19 pandemic has not only hampered production facilities but also disrupted supply chains such as material suppliers and distributors of the onion oils market globally, resulting in loss of business, in terms of value sales. Moreover, concerns of hair loss have been high among millennials, specifically in Asia-pacific region. They are keen to try hair products and services including onion oil that are new in the market and promotes healthy hair growth and controls hair related issues. This in turn has driven the growth of onion oil market.

Furthermore, by distribution channel, the online store segment is anticipated to be the fastest growing segment, in terms of value sales during the forecast period. This is attributed to the fact that e-commerce is becoming a popular medium for purchase of  hair care products including onion oils among customers. This is attributed to easy availability of onion oils and benefits provided by these stores such as information about product functional attribute, time-saving features, and facility of home delivery to customers.

The global onion oil market segments are categorized into nature, end user, distribution channel, and region. By nature, it is classified into conventional and organic. By End user, it is divided into men and women. On the basis of distribution channel, it is segregated into specialty store, supermarket/hypermarket, online store, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, Japan, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina, and Rest of LAMEA).

Key findings of the study

  • By nature, the conventional segment accounted for the highest market share in 2020, growing at a significant CAGR from 2020 to 2030.
  • By end user, the female segment accounted for the highest onion oils market share in 2020, growing at a CAGR of 10.7% from 2020 to 2030.
  • By distribution channel, the supermarket/hypermarket segment accounted for the highest market share in 2020, growing at a CAGR of 10.3% from 2020 to 2030.
  • By Region, North America occupied the maximum share in the market in 2020 and is expected to be the dominating segment during the onion oils market forecast period.

Companies can operate their business in highly competitive market by launching new products or updated versions of existing products. In the recent past, many leading players opted for product launch as a business strategy to strengthen their foothold in the market. To understand the key  onion oils market trends of the market, strategies of leading players are analyzed in the report. Some of the key players in the onion oils market analysis Authentic Oil Co. , Au Natural Organics, Alphanso Products Private Limited, Essentially Australia, Hindustan Hills, Luxura Business Private Limited, Honasa Consumer Pvt. Ltd.(Mama Earth), Meena Perfumery, Soulflower India Private Limited, and TNW International Pvt. Ltd..

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Onion Oil Market by Nature (Conventional and Organic), End User (Men and Women), and Distribution Channel (Specialty Store, Supermarket/Hypermarket, Online Store, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Mar 2024

Hairbrush Market

Download Sample
rep-img

Published Date Mar 2024

Debt Security Market

Download Sample
rep-img

Published Date Mar 2024

Wood Adhesives Market

Download Sample

Buy Full Version
"onion oils Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers