Global Camelina Oil Market 2018-2022
About this market
With rising disposable income and health awareness of products and ingredients that can help in maintaining and improving health, there has been an advancement in the way consumers decide about their diet. This led to the concept of functional food that provides benefits beyond the basic nutrition in the ton of nutrients like omega-3, fatty acids, antioxidants, phospholipids and soluble vitamins, and pigments. This has increased the demand for cameline oil which is rich in monosaturated fatty acids, omega-3, polyunsaturated fatty acid, and saturated fatty acids that helps lower cholesterol in blood plasma and other health-promoting effects. Technavio’s analysts have predicted that the cameline oil market will register a CAGR of close to 9 % by 2022.
Health benefits of cameline oil
Cameline oil is most popular for their health benefits. The consumption cameline oil helps control cholesterol, it is beneficial for skin, reduces swelling in arthritis, and also helps in nourishing the brain. These multiple health benefits of cameline oil will be one the primary drivers for the growth of the global cameline oil market during the forecast period.
Presence of popular alternate products in the market
Camelina oil is a good source of omega-3 and omega-6 fatty acids. protein. and antioxidants. yet they are not an important feed source globally. The major reason for this is that the yield of camelina oil is much less than that of groundnut, mustard, sunflower, olive, and other edible oils.
For the detailed list of factors that will drive and challenge the growth of the cameline oil market during 2019-2023, view our report.
With the presence of a large number of companies, the cameline oil market appears to be fragmented and the competition is getting fierce with all companies focusing on improving their position in the market. The rising demand for functional foods and health benefits of cameline oil are factors that are poised to provide immense opportunities for companies. Jedwards International, MakingCosmetics, O&3, Smart Earth Seeds, and Three Farmers are some of the top companies in the cameline oil market.
‘With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. Many start-ups and established companies are targeting the health-conscious consumers who demand for healthy and nutritional food supplements.’