Global Borage Oil Market to Reach $63.51 Billion by 2030: Driven by Growing Prevalence of Chronic Diseases and Increasing Awareness of Natural Ingredient-based Products

DUBLIN, July 20, 2023 /PRNewswire/ -- The "Borage Oil Market: Global Market Size, Forecast, Insights, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

The global borage oil market is expected to grow at a CAGR of around 4.8% to reach $63.51 billion by 2030 from $45.71 billion in 2023.

This report on global borage oil market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape.

The report presents a clear picture of the global borage oil market by segmenting the market based on product type, distribution channel, application, form, and region.

Also, detailed profiles of companies operating in the borage oil market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Companies Mentioned

• AOS Products Pvt. Ltd.
• Aromex Industries
• Connoils LLC.
• Desert Whale Jojoba Company
• Icelandirect Inc.
• Nordic Naturals
• Oilseed Extraction
• Parchem Fine & Specialty Chemicals
• Premium Crops Ltd.
• Soyatech International Pvt Ltd.
• William Hodgson & Co

Market Dynamics

Drivers

• Growing Prevalence of Chronic Diseases
• Rising Awareness Natural Ingredient-based Products
• Diverse Applications

Challenges

• Presence of Substitutes
• Potential Side Effects

Historical & Forecast Period

• Base Year: 2022
• Historical Period: 2018-2022
• Forecast Period: 2023-2030

Market Segmentation

by Product Type

• Cold Pressed Borage Oil
• Heat Infused Borage Oil

by Distribution Channel

• Online
• Offline

by Application

• Pharmaceuticals
• Cosmetics
• Food & Beverages
• Others

by Form

• Oil
• Capsules
• Gels

For more information about this report visit https://www.researchandmarkets.com/r/dq8ham

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SOURCE Research and Markets