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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Tamanu Oil Market Size
The global tamanu oil market is being aided by the growth of the skin care market. The skin care market is further expected to grow at a CAGR of 4.1% in the forecast period of 2024-2032.
| Global Tamanu Oil Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | XX |
| Market Size 2032 | USD Million | XX |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 4.1% |
| CAGR 2024-2032 - Market by Region | Europe | 4.3% |
| CAGR 2024-2032 - Market by Country | Germany | 4.5% |
| CAGR 2024-2032 - Market by Country | Australia | 4.3% |
| CAGR 2024-2032 - Market by Nature | Organic | 6.1% |
| CAGR 2024-2032 - Market by Distribution Channel | Direct | 4.3% |
| Market Share by Country 2023 | Australia | 4.1% |
Tamanu Oil Market Outlook
- Tamanu oil has been used traditionally for centuries in the South Pacific and Madagascar to treat various skin problems. It has wound-healing and skin-regenerating capabilities and encourages the growth of new tissue.
- As per the tamanu oil market dynamics and trends, tamanu oil is traditionally extracted from the seeds of the Calophyllum inophyllum tree, which is native to Asia, Africa, and the Pacific islands.
- As per industry reports, tamanu oil is rich in beneficial fatty acids like oleic acid (41.9%), linoleic acid (29.9%), palmitic acid (12.7%), and stearic acid (13.5%).
Tamanu Oil Market Report Snapshots
Tamanu Oil Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The skin care market is expected to grow at a CAGR of 4.1% between 2024 and 2032.
Factors such as rising disposable incomes, growing demand for natural and organic products, growing per capita expenditure on personal care and cosmetic products, and thriving retail sector, are expected to aid the market growth.
Key trends aiding tamanu oil market development include the launch of new products, rising popularity in skincare industry, integration of the oil into hair care formulations, and expanding research and development activities related to tamanu oil.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant types of tamanu oil in the industry are refined and unrefined.
The major applications of tamanu oil are cosmetics and personal care, pharmaceuticals, and animal nutrition, among others.
The leading distribution channels in the market are direct and indirect.
Key players in the market are US Organic Group Corp., NOW Health Group, Inc., Mountain Rose Herbs, and Henry Lamotte Oils GmbH, among others.
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