Japan Apricot Oil Market Size, Share, and COVID-19 Impact Analysis, By Application (Food & Beverage, Pharmaceutical, Cosmetics, and Healthcare), By Distribution Channel (Online and Offline), and Japan Apricot Oil Market Insights, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsJapan Apricot Oil Market Insights Forecasts to 2035
- The Japan Apricot Oil Market Size Was Estimated at USD 113.2 Million in 2024
- The Market Size is Expected to Grow at a CAGR of Around 6.87% from 2025 to 2035
- The Japan Apricot Oil Market Size is Expected to Reach USD 235.2 Million by 2035
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According to a Research Report Published by Spherical Insights & Consulting, the Japan Apricot Oil Market Size is Anticipated to Reach USD 235.2 Million by 2035, Growing at a CAGR of 6.87% from 2025 to 2035. The apricot oil market in Japan is driven by various factors, including rising disposable income, increasing preferences for natural and organic oils, rising awareness about the health benefits of apricot, increased use in the cosmetic industry, and technological advancements.
Market Overview
The apricot oil is prepared from the seeds of the apricots by the extraction process. The apricots have emollient properties and rich source of vitamins, essential fatty acids, hence they are widely used in various sectors, including food and beverages, pharmaceuticals, cosmetics, and healthcare. The apricot oil is used in aromatherapy and holistic wellness practices. The apricot oil is having rich source of vitamin A, C and E, making it a favorable ingredient in moisturizing, nourishing skin and hair products. The apricot oil aids in improving heart health and enhances immune function; hence, they are used in specialty food products. People are becoming aware of the health benefits of the apricot, which drives the demand for apricot oil. Further, they are demanding natural and organic products, which is raising the popularity of apricot oil. The rising preferences for sustainable and eco-friendly products are key trends in this market. The health and wellness trends present an opportunity for manufacturers to expand their product range, like functional meals and dietary supplements.
Report Coverage
This research report categorizes the market for the Japan apricot oil market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan apricot oil market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan apricot oil market.
Japan Apricot Oil Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 113.2 Million |
Forecast Period: | 2024-2035 |
Forecast Period CAGR 2024-2035 : | 6.87% |
2035 Value Projection: | USD 235.2 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 140 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Application, By Distribution Channel and COVID-19 Impact Analysis. |
Companies covered:: | NOW Foods, Yanagiya Honten Co., Ltd., Nikko Chemicals Co., Ltd., Yanagiya Hontericot, SAKURA, Inc., Yamakei Oil Co and Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The changing consumers preference towards healthier and sustainable ingredients drives the growth of the apricot market. The apricot oil has moisturizing and nourishing properties, making it popular among consumers who have sensitive skin. The apricot oil is a great source of vitamins, antioxidants and fatty acids, making it a popular choice among health-conscious individuals. The rising inclination towards veganism and plant-based diets boosted the demand for plant-based oils like apricot oil. Additionally, technological advancements in the extraction process are making a positive impact on the Japanese apricot oil market.
Restraining Factors
The growth of Japan apricot oil market is hindered by several factors. the change in the climate may impact the supply chain and the prices of the apricot oil, which limits the market expansion. The competition from the synthetic alternatives negatively impacts the market.
Market Segmentation
The Japan apricot oil market share is classified into application and distribution channel.
- The cosmetics segment accounted for the largest share of the market in 2024 and is expected to grow at a rapid CAGR during the forecast period.
The Japan apricot oil market is segmented by application into food & beverage, pharmaceutical, cosmetics, and healthcare. Among these, the cosmetics segment accounted for the largest share in 2024 and is expected to grow at a rapid CAGR during the forecast period. This is due to apricot oil being a rich source of vitamins, antioxidants, and essential fatty acids, which makes it a popular ingredient in the cosmetic industry.
- The offline segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Japan apricot oil market is segmented by distribution channel into online and offline. Among these, the offline segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is attributed to its wide availability and easy accessibility. They allow consumers to purchase apricot oil along with other products under one roof.
Competitive Analysis
The report offers the appropriate analysis of the key organizations/companies involved within the Japan apricot oil market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- NOW Foods
- Yanagiya Honten Co., Ltd.
- Nikko Chemicals Co., Ltd.
- Yanagiya Hontericot
- SAKURA, Inc.
- Yamakei Oil Co.
- Other
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan apricot oil market based on the below-mentioned segments:
Japan Apricot Oil Market, By Application
- Food & Beverage
- Pharmaceutical
- Cosmetics
- Healthcare
Japan Apricot Oil Market, By Distribution Channel
- Online
- Offline
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