Mango seed oil is light and non-greasy, suitable for all skin types, and can be used to treat various skin problems such as acne, skin blemishes, aging issues and others. The oil also has an appealing natural fragrance which is another key advantage.
The Global mango seed oil market is estimated to be valued at US$ 237.9 Mn in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the mango seed oil are VedaOils, Natures Natural India, AG Organica, India Aroma Oils and Company, Olam International, Sunfood Corporation, Hain Celestial Group, Dole Food Company. The key players are focusing on leveraging opportunities posed by rising adoption of natural cosmetic products. Technological advancements such as advanced extraction techniques are helping lower the production cost and improve the quality of mango seed oil.
Market drivers
The growing cosmetic industry especially demand for naturally derived cosmetic ingredients is a key market driver. There is increasing consumer preference for cosmetics with natural ingredients over chemical-based ones due to rising health and environmental concerns. As mango seed oil can be easily extracted from waste mango seeds, the by-product of mango processing industry, its utilization helps address sustainability as well and support the circular economy concept. This drives its demand.
Mango Seed Oil Market Size is derived from the kernel or seed of the mango fruit. The mango seed is a by-product of mango processing industry and extracting oil from it helps generate additional revenue from waste and support circular economy principles. Mango seed oil is rich in oleic and linoleic fatty acids which make it suitable for skin and hair care. Being light and non-greasy in texture, mango seed oil can be used by all skin types and helps treat numerous skin problems like acne, blemishes and signs of aging. Its light fragrance is another key benefit. Mango seed oil is increasingly being used in cosmetic products like creams, lotions and massage oils due to multiple advantages over other carrier oils. The rising demand for natural cosmetic products from health-conscious consumers is fuelling the usage of mango seed oil in the cosmetic industry. The Global mango seed oil market is estimated to be valued at US$ 237.9 Mn in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period 2024 to 2031.
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