Mongongo
oil is extracted from the nuts of the mongongo trees, native to
Southern Africa. Traditionally, mongongo oil was used to soften and
moisten the skin in the dry winter season in Africa. Mongongo oil has
various unique properties such as excellent emollient and protectant
for hair and skin as well as contain nutrients like copper, calcium,
and zinc. It also contains high polyunsaturated fatty acids which
remain on skin and hair for a longer time compared to saturated oils
or monounsaturated fatty acids. The fatty acids in the oil act as a
barrier to prevent moisture from escape and deliver emollient layer
on the surface of the skin along with smoothing out rough texture and
keep the skin glowing. Additionally, mongongo oil has antioxidant
properties that help in stave off damage skin and signs of aging
coupled with its regenerating, hydrating, and restricting properties
make it a natural hair growth supporter. Currently, mongongo oil is a
new entrant to the hair care and skin care products as the core
ingredients. It can also be used as a spot treatment for eczema,
acne, psoriasis, and various other skin problems.
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Expanding
personal care industry, rising trend of personal grooming, rapidly
accelerating consumer awareness, increase in demand for organic
products, and changing lifestyle are some of the factors accelerating
the need for mongongo oil in the market worldwide. Moreover, growing
demand for skin care and hair care products due to its sun
protection, strong antioxidants properties coupled with increasing
disposable income of consumers, the rise in e-commerce activities,
and accelerating trend of product premiumization are another factors
fueling the growth of global mongongo oil market during the forecast
period. However, availability of alternative products in the market
such as coconut oil, avocado oil, and growing government rules and
regulations may hamper the growth of the global mongongo oil market
in the near future.
Some
of the key players operating in the global mongongo
oil market are Ouidad, Inc., Mielle Organics LLC, Shea Terra
Organics Company, Kalahari Natural Oils Ltd., Caribbean Natural
Products Inc., MopTop, Inc., others.
In
2016, Ouidad, Inc. introduced novel mongongo oil multi-use curl
treatment product to meet the growing need for each curl types.
Mongongo oil protect hair damage from heat styling, UV rays, and add
shine to curls.
In
2015, MopTop, Inc. - a manufacturer of hair care products, introduced
two new products “MopTop- Co-Wash Cleansing Conditioner and
MopTop-Mongongo Oil” that helps in repair hair cells as well as
retain strength and elasticity of hair. The company has launched
these two products to expand its product portfolio and market share.
Rise
in concerns for personal grooming, growing population, increasing per
capita spending on personal care products, frequently launch of novel
skin care products are some of the leading factors driving the growth
of the global mongongo oil market. Moreover, new product development,
the growing trend of organic cosmetic products, developing research
and development activities are expected to grow the mongongo oil
market during the forecast period.
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