What is Chia Oil?
Chia Oil is known as essential oil. It is derived from the chia seeds. It is popular ingredient in skin care products. It contains high amount of fatty acid content. It is particularly rich in omega-3 in the form of alpha-linolenic acid (ALA), omega-6. In addition, it has less amount of healthy fats, such as oleic acid and stearic acid. This oil reduces risk of cardiac attack. Hence the demand for chai oil in wellness products has been increased. Its additives properties are essential for using Chia Oil in bakery products. Hence, rising demand from end use industry has created growth opportunities for the chia oil market.
The market study is broken down by Type (Concentrated Chia Oil and Virgin Chia Oil), by Application (Food and Beverages, Personal Care Products, Supplements and Others) and major geographies with country level break-up.
The market of Chia Oil is expected to grow with rising demand from end use industries. Several companies are operating in the market to provide Chia Oil with number of health benefits. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mdeca Group SRL (Argentina), Namaskar Sac (Peru), Mercadero (Netherland), Gustav Heess Oleochemische Erzeugnisse GmbH (Germany), BR Naturals (United States), Benexia Advanced Seed Nutrition (United States), Henry Lamotte Oils GmbH (Germany), ConnOils LLC (United States), O&3 The Oil Family (Canada), American International Chemical LLC. (United States), Eco Oil Argentina (Argentina) and Yash Exports (India) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Chia Oil market by Type, Application and Region.
On the basis of geography, the market of Chia Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Chia Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel , the sub-segment i.e. Online will boost the Chia Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In October 2020, Barentz International has expanded in North America by acquiring Maroon Group. Maroon Group is a specialty chemicals supplier for the food and beverage, personal care, cosmetic, pharmaceutical, and household/industrial industries. Company has acquired the portfolio of chia seeds, palm oil, sea salt, plant proteins, quinoa, and soybean oil and tapioca syrup. With this acquisition, company has expanded its existing portfolio.
- Growing Preference for Chia Oil as additives like Flavouring Agent in Bakery Foods and in Nutraceuticals Supplements
- Growing Awareness regarding Medicinal Benefits of Chia Oil Has Created Demand
- Increasing Demand for Essential Oils
- Growing Inclination towards Addition of Chia Oil in Many Personal Care Products owing to its Moisture Barrier Properties Has Created Growth Opportunities
- Increasing Consumption of Natural Ingredients based Wellness Products
- Adverse Effects on Health like Skin Allergy owing to Overconsumption
- Fluctuation in Pricing & Availability of Raw Material
Key Target AudienceChia Oil Manufacturers, Chia Oil Suppliers/Distributors, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Mdeca Group SRL (Argentina), Namaskar Sac (Peru), Mercadero (Netherland), Gustav Heess Oleochemische Erzeugnisse GmbH (Germany), BR Naturals (United States), Benexia Advanced Seed Nutrition (United States), Henry Lamotte Oils GmbH (Germany), ConnOils LLC (United States), O&3 The Oil Family (Canada), American International Chemical LLC. (United States), Eco Oil Argentina (Argentina) and Yash Exports (India) etc.
2. What would be the Market Size of Chia Oil Market by 2026?
Analysts at AMA estimates Chia Oil Market to reach USDXXX by 2026.
3. Can we have customized study for Chia Oil Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.