Pomace camellia oil market is anticipated to grow at a CAGR of 4.5% during the forecast period. Increasing consumers' preferences for cosmetic products enriched with organic ingredients, rising health consciousness for consuming vitamin and protein-rich food products, and increasing awareness regarding the ill effects of artificially synthesized ingredients are some major factors that create demand for pomace camellia oil. Pomace Camellia oil is generated from plants and is majorly consumed for preventing blood pressure levels and reducing the risk of hypertension, and delayed atherosclerosis, as they are highly enriched with vitamins A, B, D, and E. As per the World Health Organization (WHO), the number of people with hypertension doubled to 1.28 billion. This was primarily due to population growth and ageing. In 2019, over one billion people with hypertension or 82% of all people with hypertension globally lived in low- and middle-income countries.  

The new development and launches by major key players such as Chateau Cosmetics Botanical Beaut, Hallstar Innovations Corp., and certified Origins will further aid in the market growth. For instance, in March 2022, Certified Origins is going to establish a new facility plant in Oakland Industrial Park to meet the increased demand for olive oil products. The company will import extra virgin olive oils for blending and packaging in the city. However, higher consumption of police oil creates problems with blood circulation. The oil contains a high amount of fatty acids and the saturated and unsaturated fatty acids are responsible for blood stickiness and blood clotting.  Hence, such factors may hinder market growth in the coming year. 

Segmental Outlook 

The global pomace camellia oil market is segmented based on process, and application. Based on the process, the market is segmented into the expelling process and lixiviation process. Based on application, the market is segmented into food, cosmetics, and others.  Based on application, the food segment is expected to grow at a significant rate, owing to higher consumption of pomace oil in food products. Pomace oil is mainly used in light fries, stews, confectionery, and fried food.  Pomace oil strengthens the immune system and defends against bacterial and viral infection. Moreover, olive oil passes through the process which makes it extra virgin olive oil (EVOO), contains more nutrition and enrich with healthy plant nutrients called phytochemicals. Food contains pomace oil to fight against cancer and heart diseases. An active compound in police oil in food lowers blood pressure and keeps the artists from hardening.  Hence, owing to its broader benefits pomace oil in food products is projected to contribute to the growth of the food segment.

Regional Outlook

The global pomace camellia oil market is further segmented based on geography including North America (The US and Canada), Europe (UK, Italy, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa and Latin America). Asia-Pacific region is expected to grow at a stagnant rate during the forecast period.  Rising cardiovascular diseases such as stroke, and problems related to digestion lead to demand for pomace camellia oil, as it contains antioxidants and mono-saturated fatty acids, that make the immune system stronger and assist in proper blood circulation. A survey conducted on ‘Digestive Health' of Indian families’ in May 2021, revealed that 56% of Indian families have reported Digestive Health issues. The study found that more than 50% of Indian families report suffering from 2-3 digestive health issues. Gas, acidity, and indigestion were found to be amongst the top 3 issues. Consuming police olive oil rich in phenolic compounds were shown to have antioxidant properties and reduce blood pressure, and major digestion problems. 

Global Pomace Camellia Oil Market Growth, by Region 2021-2028

North America to Witness Optimal Growth in the Market During the Forecast Period

The major factor driving the growth of the market in the region include the rising health consciousness and increasing prevalence of numerous health diseases.  Moreover, rising awareness regarding the side effects of the synthesized ingredients, coupled with the application of pomace oil in several industries such as personal care, pharmaceutical, and agriculture in the form of fertilizer, is the major driving factor that boosts the market growth. As per International Olive Council, the US has imported 390,534 tons of olive oil and olive pomace oil in 2020 and 2021, among them 78.9% of US imports of olive oil come from Italy, Spain and Tunisia, followed by Portugal with 6.6% and Turkey with 4.5%. Hence, owing to the rising demand for pomace oil among end-user verticals contributes to the growth of the pomace camellia oil market in the North American region 

Market Players Outlook

The major companies serving the global pomace camellia oil market include Hallstar Innovations Corp., Jedwards International, Inc., and Kaneda Co., Ltd., among others. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in July 2020, Trade Group Donates 190k Liters of pomace oil to Hospitality Sector in Spain. The initiative is the result of the collaboration of 22 companies from the sector, including extractors, refiners, packers, and distributors. The pomace oil distributed by Oriva will reach more than 12,500 restaurants and hotels. In Spain most of the hotels and eateries have started to gradually reopen their operations after the COVID-19 pandemic and Trade group has provided a large amount of pomace oil and is expected to maximize its volume of production up to 190,000 liters.

The Report Covers

• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global pomace camellia oil market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future. 
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.