Kenaf Seed Oil Market SWOT Analysis by 2031
Kenaf seeds are used to produce edible vegetable oil. The kenaf seed oil is likewise utilized for makeup, modern ointments and for biofuel creation. Kenaf oil is high in omega polyunsaturated unsaturated fats (PUFAs). Kenaf seed oil contains a high level of linoleic corrosive (Omega-6) a polyunsaturated unsaturated fat (PUFA). Linoleic corrosive (C18:2) is the predominant PUFA, trailed by oleic corrosive (C18:1). Alpha-linolenic corrosive (C18:3) is available in 2 to 4 percent.
MARKET DYNAMICS
Kenaf seed oil is progressively acquiring foothold for its expected use as biodiesel in a scope of mechanical and car applications. Developing worries about the decaying natural conditions, combined with expanded government uphold for innovative work of biofuels is assessed to contribute fundamentally to kenaf seed oil market development. Besides, this oilseed is required to acquire footing as a utilitarian fixing in the definition of different beautifying agents items because of the high measure of omega-6 unsaturated fats, which helps skin wellbeing. Developing interest for kenaf seed oil in an arrangement of enterprises, combined with expanding mindfulness about the potential advantages were key components behind the solid development of the kenaf seed oil market.
MARKET SCOPE
The "Global Kenaf Seed Oil Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the kenaf seed oil market with detailed market segmentation by form, application and geography. The global kenaf seed oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading kenaf seed oil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global kenaf seed oil market is segmented on the basis of natue and application. Based on nature the market is segmented into organic and conventional. Based on application the kenaf seed oil market is classified into personal care & cosmetics, biofuel & lubricants and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global kenaf seed oil market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The kenaf seed oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the kenaf seed oil market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the kenaf seed oil market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global kenaf seed oil market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The kenaf seed oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the kenaf seed oil market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the kenaf seed oil market in these regions.
MARKET PLAYERS
The reports cover key developments in the kenaf seed oil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from kenaf seed oil market are anticipated to lucrative growth opportunities in the future with the rising demand for kenaf seed oil in the global market. Below mentioned is the list of few companies engaged in the kenaf seed oil market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the kenaf seed oil market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Chempro Technovation
- Shree Raghvendra Agro Processors
- Hemp, Inc
- Advanced Biofuel Center
- Pepagora,
- Gincoc Limited
- Thar Process, Inc.,
- National Kenaf
- Shree Laxminaryan Oils
- Kenaf Development Association of Nigeria
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Kenaf Seed Oil Market - By Nature
1.3.2 Kenaf Seed Oil Market - By Application
1.3.3 Kenaf Seed Oil Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. KENAF SEED OIL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. KENAF SEED OIL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. KENAF SEED OIL MARKET - GLOBAL MARKET ANALYSIS
6.1. KENAF SEED OIL - GLOBAL MARKET OVERVIEW
6.2. KENAF SEED OIL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. KENAF SEED OIL MARKET - REVENUE AND FORECASTS TO 2028 - NATURE
7.1. OVERVIEW
7.2. NATURE MARKET FORECASTS AND ANALYSIS
7.3. ORGANIC
7.3.1. Overview
7.3.2. Organic Market Forecast and Analysis
7.4. CONVENTIONAL
7.4.1. Overview
7.4.2. Conventional Market Forecast and Analysis
8. KENAF SEED OIL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PERSONAL CARE AND COSMETICS
8.3.1. Overview
8.3.2. Personal Care and Cosmetics Market Forecast and Analysis
8.4. BIOFUEL AND LUBRICANTS
8.4.1. Overview
8.4.2. Biofuel and Lubricants Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. KENAF SEED OIL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Kenaf Seed Oil Market Overview
9.1.2 North America Kenaf Seed Oil Market Forecasts and Analysis
9.1.3 North America Kenaf Seed Oil Market Forecasts and Analysis - By Nature
9.1.4 North America Kenaf Seed Oil Market Forecasts and Analysis - By Application
9.1.5 North America Kenaf Seed Oil Market Forecasts and Analysis - By Countries
9.1.5.1 United States Kenaf Seed Oil Market
9.1.5.1.1 United States Kenaf Seed Oil Market by Nature
9.1.5.1.2 United States Kenaf Seed Oil Market by Application
9.1.5.2 Canada Kenaf Seed Oil Market
9.1.5.2.1 Canada Kenaf Seed Oil Market by Nature
9.1.5.2.2 Canada Kenaf Seed Oil Market by Application
9.1.5.3 Mexico Kenaf Seed Oil Market
9.1.5.3.1 Mexico Kenaf Seed Oil Market by Nature
9.1.5.3.2 Mexico Kenaf Seed Oil Market by Application
9.2. EUROPE
9.2.1 Europe Kenaf Seed Oil Market Overview
9.2.2 Europe Kenaf Seed Oil Market Forecasts and Analysis
9.2.3 Europe Kenaf Seed Oil Market Forecasts and Analysis - By Nature
9.2.4 Europe Kenaf Seed Oil Market Forecasts and Analysis - By Application
9.2.5 Europe Kenaf Seed Oil Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Kenaf Seed Oil Market
9.2.5.1.1 Germany Kenaf Seed Oil Market by Nature
9.2.5.1.2 Germany Kenaf Seed Oil Market by Application
9.2.5.2 France Kenaf Seed Oil Market
9.2.5.2.1 France Kenaf Seed Oil Market by Nature
9.2.5.2.2 France Kenaf Seed Oil Market by Application
9.2.5.3 Italy Kenaf Seed Oil Market
9.2.5.3.1 Italy Kenaf Seed Oil Market by Nature
9.2.5.3.2 Italy Kenaf Seed Oil Market by Application
9.2.5.4 United Kingdom Kenaf Seed Oil Market
9.2.5.4.1 United Kingdom Kenaf Seed Oil Market by Nature
9.2.5.4.2 United Kingdom Kenaf Seed Oil Market by Application
9.2.5.5 Russia Kenaf Seed Oil Market
9.2.5.5.1 Russia Kenaf Seed Oil Market by Nature
9.2.5.5.2 Russia Kenaf Seed Oil Market by Application
9.2.5.6 Rest of Europe Kenaf Seed Oil Market
9.2.5.6.1 Rest of Europe Kenaf Seed Oil Market by Nature
9.2.5.6.2 Rest of Europe Kenaf Seed Oil Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Kenaf Seed Oil Market Overview
9.3.2 Asia-Pacific Kenaf Seed Oil Market Forecasts and Analysis
9.3.3 Asia-Pacific Kenaf Seed Oil Market Forecasts and Analysis - By Nature
9.3.4 Asia-Pacific Kenaf Seed Oil Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Kenaf Seed Oil Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Kenaf Seed Oil Market
9.3.5.1.1 Australia Kenaf Seed Oil Market by Nature
9.3.5.1.2 Australia Kenaf Seed Oil Market by Application
9.3.5.2 China Kenaf Seed Oil Market
9.3.5.2.1 China Kenaf Seed Oil Market by Nature
9.3.5.2.2 China Kenaf Seed Oil Market by Application
9.3.5.3 India Kenaf Seed Oil Market
9.3.5.3.1 India Kenaf Seed Oil Market by Nature
9.3.5.3.2 India Kenaf Seed Oil Market by Application
9.3.5.4 Japan Kenaf Seed Oil Market
9.3.5.4.1 Japan Kenaf Seed Oil Market by Nature
9.3.5.4.2 Japan Kenaf Seed Oil Market by Application
9.3.5.5 South Korea Kenaf Seed Oil Market
9.3.5.5.1 South Korea Kenaf Seed Oil Market by Nature
9.3.5.5.2 South Korea Kenaf Seed Oil Market by Application
9.3.5.6 Rest of Asia-Pacific Kenaf Seed Oil Market
9.3.5.6.1 Rest of Asia-Pacific Kenaf Seed Oil Market by Nature
9.3.5.6.2 Rest of Asia-Pacific Kenaf Seed Oil Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Kenaf Seed Oil Market Overview
9.4.2 Middle East and Africa Kenaf Seed Oil Market Forecasts and Analysis
9.4.3 Middle East and Africa Kenaf Seed Oil Market Forecasts and Analysis - By Nature
9.4.4 Middle East and Africa Kenaf Seed Oil Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Kenaf Seed Oil Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Kenaf Seed Oil Market
9.4.5.1.1 South Africa Kenaf Seed Oil Market by Nature
9.4.5.1.2 South Africa Kenaf Seed Oil Market by Application
9.4.5.2 Saudi Arabia Kenaf Seed Oil Market
9.4.5.2.1 Saudi Arabia Kenaf Seed Oil Market by Nature
9.4.5.2.2 Saudi Arabia Kenaf Seed Oil Market by Application
9.4.5.3 U.A.E Kenaf Seed Oil Market
9.4.5.3.1 U.A.E Kenaf Seed Oil Market by Nature
9.4.5.3.2 U.A.E Kenaf Seed Oil Market by Application
9.4.5.4 Rest of Middle East and Africa Kenaf Seed Oil Market
9.4.5.4.1 Rest of Middle East and Africa Kenaf Seed Oil Market by Nature
9.4.5.4.2 Rest of Middle East and Africa Kenaf Seed Oil Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Kenaf Seed Oil Market Overview
9.5.2 South and Central America Kenaf Seed Oil Market Forecasts and Analysis
9.5.3 South and Central America Kenaf Seed Oil Market Forecasts and Analysis - By Nature
9.5.4 South and Central America Kenaf Seed Oil Market Forecasts and Analysis - By Application
9.5.5 South and Central America Kenaf Seed Oil Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Kenaf Seed Oil Market
9.5.5.1.1 Brazil Kenaf Seed Oil Market by Nature
9.5.5.1.2 Brazil Kenaf Seed Oil Market by Application
9.5.5.2 Argentina Kenaf Seed Oil Market
9.5.5.2.1 Argentina Kenaf Seed Oil Market by Nature
9.5.5.2.2 Argentina Kenaf Seed Oil Market by Application
9.5.5.3 Rest of South and Central America Kenaf Seed Oil Market
9.5.5.3.1 Rest of South and Central America Kenaf Seed Oil Market by Nature
9.5.5.3.2 Rest of South and Central America Kenaf Seed Oil Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. KENAF SEED OIL MARKET, KEY COMPANY PROFILES
11.1. CHEMPRO TECHNOVATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SHREE RAGHVENDRA AGRO PROCESSORS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HEMP, INC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ADVANCED BIOFUEL CENTER
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. PEPAGORA, GINCOC LIMITED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. THAR PROCESS, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NATIONAL KENAF
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SHREE LAXMINARYAN OILS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. KENAF DEVELOPMENT ASSOCIATION OF NIGERIA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Chempro Technovation
2. Shree Raghvendra Agro Processors
3. Hemp, Inc
4. Advanced Biofuel Center
5. Pepagora, Gincoc Limited
6. Thar Process, Inc.
7. National Kenaf
8. Shree Laxminaryan Oils
9. Kenaf Development Association of Nigeria
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.