Camellia Oil Market to Record a Robust Growth Rate for the COVID-19 Period

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Camellia Oil Market
Camellia Oil Market

Camellia oil also known as tea seed oil is an edible oil with a sweet, herbal smell. It is cold-pressed fundamentally from the seeds of camellia oleifera. There are different variations of oil like additional virgin oil, pure, and pomace. The camellia oil industry is significantly supported by its utilization in the food and cosmetic industry. It looks like the olive oil and is immersed with nutrient E and is utilized in different culinary forms such as salad dressing, dips, and sauces. It is popularly known for its advantages of bringing down cholesterol levels, blood pressure, improving hair quality, mending wounds, reducing cancer risk, and numerous other medical advantages.

Market scope and structure analysis:

                        Report Metric                                             Details
  Market size available for years   2020–2027
  Base year considered   2019
  Forecast period   2021–2027
  Forecast units   Value ($US)
  Segments covered   Type, Application, and Region
  Regions covered North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)
  Companies covered JiangXi YouNi, Bao Agricultural Science And Technology Co., LTD, Runxin, Yuansen, Hunan Guitaitai Camellia Oil Technology Co., Ltd., Jiusheng, Hunan Jinhao Camellia Oil Corp., Ltd., DACHENGCANG, Hunan Shanrun Camellia Oil Technology Development Co., LTD, Laozhiqin (Fujian) Oil Co., Ltd, Green Sea, etc.

 

COVID-19 Scenario Analysis: 

The demand for various cooking oil has been declined during March and April as various hotels and restaurants are shut down due to the lockdown. It is observed that these hotels, restaurants, and cafes are the major users of edible oil market. Imports and exports of the oil has also drastically affected as the process has slowed down due to this pandemic situation.

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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The demand for Camellia oil is expected to witness growth in various regions across the globe during the forecast period. Both the production as well as consumption rate of this market segment is expected to grow simultaneously. Hence, to meet the demand of the customers, various players might enter this market segment. Each price offered by different companies for Camellia oil will be different from each other based on the quality of the oil they are offering.

New product launches to flourish the market

A China based company called Shan Cha is trying to produce finest Camellia oil in China. They are trying to use the old growth forest as a source of Camellia seeds, which are said to be purely organic. These trees have never been fertilized. The seed are germinated in a clean environment. Their mission is to provide fresh taste of nature to its customer without harming the natural environment. Camellia seeds are harvested with hands and directly brought to the company by the farmers for the cold press.

Surge in usage in automotive and industrial applications 

In most of the countries, camellia oil is used as medicine or edible oil. Edible oil being the most common usage among the people for dietary health. This oil contains antioxidants which improves the human health. It provides therapeutic treatment for liver fibrosis and peptic ulcers. Camellia oil is beneficial for human beings, especially for heart and blood diseases and also acts as a powerful antioxidant. Trans fat is found in most of the oil which causes heart disease, cancer, diabetes, liver failure, obesity, etc. Camellia Oil is a trans-fat free oil as it is a natural product. The oil is also used in cosmetic industry for example hair care, kin softening, soothing sensitive and irritated skin, and moisturizes the skin.

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Key Segments Covered:

                 Segments                                    Sub-segments
  Type
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  Application
  • Food
  • Cosmetics
  • Others

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global camellia oil market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global camellia oil market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the camellia oil market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global camellia oil market analysis based on competitive intensity and how the competition will take shape in coming years.

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