The Asia Pacific Onion Oil Market would witness market growth of 9.6% CAGR during the forecast period (2021-2027).
Onion oil improves the whole appearance of a user by nourishing their skin. The oil diminishes pigmentation and dark spots, helps in curing acne and makes the skin supple &soft. Adding on to this, onion oil also performs the role of natural exfoliator. It can be used as a component for a face pack and even for massaging the skin by an onion mask would result in glowing skin.
Onion oil is in huge demand because of the antibacterial properties it consists. It is widely used in the pharmaceutical industry for making various products, which would fuel the growth of the market. In addition, onion oils are also used as aphrodisiacs which have expanded its market dimension.
China and India are the two topmost producers of onions. Due to the largest production of the onion in the region, production of onion oil is also high in the region. A large number of cultivated onions in the Asia is exported to another region. Various Indian companies like Mamaearth are constantly launching various products in the Indian market to acquire a significant share in the regional onion oil market.
The China market dominated the Asia Pacific Conventional Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $8.7 Million by 2027. The Japan market is poised to grow a CAGR of 10.3% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 10.3% during (2021 - 2027).
Based on End User, the market is segmented into Men and Women. Based on Distribution Channel, the market is segmented into Supermarket/ Hypermarket, Specialty Store, Online and Other Distribution Channels. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Onion Oil Market is Projected to reach USD 100.5 million by 2027, at a CAGR of 8.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AU Natural Organics, Meena Perfumery, TNW International Pvt. Ltd., Hindustan Hills, Mamaearth (Honasa Consumer Pvt. Ltd.), and Soulflower Co. Ltd.
By End User
By Distribution Channel
By Nature
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.