Title: Borage Oil Market Size Estimated to Reach $60.6 Million by 2026
1Borage Oil Market - Forecast(2022 - 2027)Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Borage Oil Market size is estimated to reach
60.6 million by 2026, growing at a CAGR of 4.4
during the forecast period 2021-2026. - Borage oil is naturally extracted from a
wildflower called borage or starflower, which
belongs to the Boraginaceae family. Borage seed
oil contains high concentrations of gamma
linolenic acid, omega-6 fatty acid, and possibly
small amounts of pyrrolizidine alkaloids.
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- Key Takeaways
- Geographically, Asia-Pacific Borage Oil Market
accounted for the highest revenue share in 2020
and it is poised to dominate over the period
2021-2026 owing to the increase in the use of
nutritional supplements and functional food
additive products. - The growing focus to produce borage oil that is
certified free of toxic unsaturated pyrrolizidine
alkaloids to enhance its benefits is driving the
Pharmaceuticals segment growth. However,
fluctuation in raw material supply and prices is
one of the major factors that is said to reduce
the growth of the Borage Oil Market.
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By Distribution Channel- Segment Analysis The
Borage Oil Market based on the Application can be
further segmented into Cosmetics, Food and
Beverages, Pharmaceuticals, and Others. The
Pharmaceuticals segment held the largest share in
2020 owing to the proven benefits in treatments
for various ailments which include stress,
depression, hormonal problems, pneumonia,
treatments for bronchitis, cold, nervous system
function, and others. The growing focus to
produce borage oil that is certified free of
toxic unsaturated pyrrolizidine alkaloids is
driving the growth of the Borage Oil Market.
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- Borage Oil Market Industry Outlook
- Natures Way, Connoils
- Now Foods
- NutriPlex Formulas
- Desert Whale Jojoba
- Deve Herbs
- Aromex Industries
- Nordic Naturals
- Spring Valley Herbs
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Borage Oil Market - Forecast(2022 -
2027) Learn More About the Report _at_
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l-market.html
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