Tea
seed oil is an oil extracted from the seeds of Camellia sinenses. It
is produced by cold pressed method which increases its nutritional
value making more popular amongst people. Tea seed oil is rich in
antioxidants and vitamin E. Tea seed oil contains Monounsaturated
fatty acids which tends to make them one of the healthy oils used for
cooking purpose. Tea seed oil has high smoke point and therefore is
preferred for deep frying purposes.
Apart
from being used as edibles, tea seed oils are also used for cosmetic
purpose. It is known to have anti-ageing properties which makes it
popular amongst the women. Tea seed oil grows majorly in East Asia
and Sothern China but has a big demand globally. The beneficial
properties and wide application of tea seed oil is observed to expand
its global market.
Tea
seed oil Market Segmentation:
Tea
seed oil market can be segmented on the basis of applications,
end-users, distribution channels and regions. Based on the
applications, tea seed oil market is segmented into retail, food
industries, cosmetic industries and others. Due to the high smoke
point, vitamin E content and high monounsaturated fatty acid content,
the food processing applications of tea seed oil is wide. Tea seed
oil can be used in dips, preparation of sauce and in salad dressing
and hence the industrial food market of tea seed oil is expected to
grow at a higher rate.
On
the basis of end user the tea seed oil market is segmented into two
major segments, Industries and consumers. Industry is further
segmented into food and beverage, pharmaceuticals and cosmetics. Due
to the increasing health concerns consumer based oil seed market is
expected to grow at a substantial CAGR which will help increase the
tea seed oil demand globally. Furthermore, based on the distribution
channel, tea seed oil market is segmented into wholesaler retailers,
online retail, supermarkets/hypermarkets, and specialty stores. Based
on the increasing popularity of natural products available easily in
the markets, the global market share of supermarkets/hypermarkets is
expected to increase over the forecast period.
Tea
seed oil Market Regional Outlook:
Depending
on geographic regions global tea seed oil market is segmented into
five key regions: North America, Latin America, Europe, APAC and MEA.
The
global of tea seed oil is found to be dominated majorly by China,
both on the production and consumption side. However, the market of
tea seed oil is found to be increasing at a high CAGR in North
America. The increasing demand of tea seed oil is contributed mainly
due to its medicinal and cosmetic applications and also because it is
a natural plant based product. Overall, the tea seed market is
expected to have a positive growth.
Global
tea seed oil Market Drivers and Trends:
Tea
seed oil is rich in MUFA (Monounsaturated fatty acids) and has a
lower trans-fatty acid content which makes it a healthier option
amongst other available oils. Monounsaturated fatty acids are known
to lower the risks of cardiovascular diseases. Hence an increased
population of people have now started its consumption. Due to
increased health awareness, people are now inclining more towards
living a healthy life style, their preferences are now shifted
towards consuming healthy food products which is helping to fuel up
market of tea seed oil all over the globe.
The
high smoke point of tea seed oil makes it a better substitute of
other oils in food. The high smoke point makes the tea seed oil more
favorable as the nutritional value of the oil will not be lost
easily. The vitamin E content of tea seed oil helps in its potent
application is hair products. Also, the anti-ageing property of tea
seed oil makes it popular more amongst the female population which
act as a key driver in expanding tea seed oil market globally and
prominently. The demand of healthy, herbal and natural products in
the present generation are the key drivers of the tea seed oil
market.
Tea
seed oil Market Key Players:
Some
of the key players in tea seed oil market include Arette Foods Inc.,
Shanghai YoungSun Foods Co. Ltd., Riotto Botanical Co., Ltd, Jiangxi
Xuesong Natural Medicinal Oil Co., Ltd. and others.
The
cold pressed production of tea seed oil and increasing demand is
encouraging new players to enter into the global market and the
established players are expected to expand their market at a
substantial CAGR.
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