Global Organic Onion Oil Market Size (2024-2030)

The Global Organic Onion Oil Market was valued at USD 50.36 Million and is projected to reach a market size of USD 106.82 Million by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 11.34%.

Market Overview: 

Onion oils are best used to boost the immune system, control blood sugar levels, fight infections, and help in fighting digestive problems. Pure onion oil has a very distinctive and pungent smell and adds a distinct taste which has made it popular in the food and beverage industry. It is also known for its antiseptic, antibacterial properties, and hypnotic attributes. It is a rich source of Vitamin A, B-complex, and C and has various health benefits. Onion oil is generally used as a hair oil that is used to rejuvenate hair, open-up blood circulation, control hair fall and help in achieving overall hair health of follicles, promote hair growth and cure baldness. It also has anti-bacterial and anti-fungal properties which help in the healing of wounds and cuts. It helps in reducing toothaches and kill the bacteria causing tooth infections. It is also widely used to treat skin ailments like acne, eczema. It is widely found as it is super affordable and easily available in the market. It is available through various distribution modes including online stores, supermarkets/hypermarkets, and specialty stores. Moreover, continuous evolution in the online segment and the presence of new big technologies in the market are anticipated to drive the growth of the global organic onion oil market during the forecast period.

COVID-19 Impact on the global Organic Onion Oil Market: 

Due to the shutdown and lockdowns, several distribution channels witnessed a steep drop in demand. During the first quarter of 2020, onion oil manufacturers witnessed a substantial disruption in their raw material supply chain due to the widespread coronavirus and the halt which came with it.The outbreak hampered the overall production facilities of onion oil.  Also, the disrupted demand-supply chain resulted in huge losses for the business in terms of revenue value sales.Also, trade restrictions levied by several countries worldwide in order to curb the spread had remarkably affected the global logistics and transportation sector, which further impacted the organic onion oil market critically, especially during the starting phase of the pandemic.

Market Drivers: 

The surging level of air pollution causing damage and other hair-related problems is fuelling the demand for onion oil in the global market:

The rise in the pollution level due to increasing industrial activities and rising GHG emissions in the environment is leading to hair fall and other hair-related problems. Therefore, concerns related to hair loss and others have augmented the onion oil market growth, especially among millennials.

The surging investments in the research and development sector are boosting market expansion opportunities worldwide:  

Increasing capital investments in research and development activities due to the increase in demand for these primarily in the haircare and personal care sector, due to the rising prevalence of baldness and awareness among people. Major companies involved in the market have increased their capital investments to launch new products and are adopting several marketing strategies to increase their hold in the global market.

Increasing disposable income is propelling the market growth of organic onion oil: 

Macroeconomic factors including urbanization along with customer inclination toward personalcare and hygiene to enhance their appeal are the likely reasons to spur the demand for organic onion oil. Also, the cost and easy availability of onion oil across a wide range of distribution channels make it popular among consumers expanding its global market size.

The growing popularity, especially among men consumers in the personal care segment is driving the organic onion oil market: 

Increasing health awareness and self-consciousness among people and the desire to lead healthy and appear fit is encouraging more and more consumers to incorporate healthy products such as organic onion oil into their everyday lifestyles. As a result, changes in the market dynamics can be observed, resulting in increased demand for it and augmenting the global market size.  

Market Restraints:  

The presence of counterfeit and other substitute products in the market may hamper the growth of the global organic onion oil market:

The availability of other substitutes and counterfeit products in the market may result in fragmentation of the market and affect the global organic onion oil market significantly. The popularity of other oils in the market such as sunflower oil, coconut oil, and others may hinder the organic onion oil market growth.

 ORGANIC ONION OIL MARKET REPORT COVERAGE:

Market Restraints:  

This research report on the global Organic Onion Oil Market has been segmented and sub-segmented based on End Users, Distribution Channels, Regions, and Key Companies. 

Organic Onion Oil Market – By End Users.

• Men
• Women

Based on end users, the global organic onion oil market has been segmented into 2 segments – Men and Women.

The women’s segment holds the dominance and generated the highest market revenue in 2022. It accounted for around two-thirds of the total market share.

The men’s segment witnessed slow but continuous progress in 2022. It is anticipated to be the fastest-growing segment showcasing a CAGR of 11.2% during the forecast period.

Organic Onion Oil Market – By Distribution Channel.

• Speciality Store

• Supermarket/Hypermarket
• Online Store
• Others

Based on distribution channels, the global organic onion oil market has been segmented into 4 segments – Specialty Stores, Supermarkets/Hypermarkets, Online Stores, and Others.

The Online Store segment is anticipated to grow at a significant pace due to the emergence of several players and the integration of advanced technologies with business lines.

Organic Onion Oil Market – By Region. 

• North America 
• Europe 
• Asia-Pacific 
• South America 
• Middle East and Africa 

Based on regions, the global organic onion oil market has been segmented into 5 major regions – North America, Europe, Asia-Pacific, South America, Middle-East, and Africa.

Asia-Pacific holds the highest market share and is dominant throughout 2022. It holds about one-third of the global organic onion oil market share.

The European market is anticipated to witness the fastest CAGR of around 12.7% during the forecast period. The demand for essential oil, such as onion oil is very high in the region, due to the high awareness level among people regarding various health benefits related to it. The demand for raw materials in the emerging market is generating a huge demand rise for raw materials worldwide. The manufacturers based out in Europe are producing different flavours both inside and outside of the region. The hair loss pattern in men is one the major common factor in European nations and onion oil with its benefits and rejuvenation properties is likely to increase its sale and create lucrative opportunities in the region.

The US market is set to grow significantlydue to the inclination of people toward essential oil and the benefits associated with hair repair and growth.

Organic Onion Oil Market – By Companies. 

1. Authentic Oil Co.
2. Au Natural Organics
3. Alphanso Products Private Limited
4. Essentially Australia
5. Hindustan Hills
6. Luxura Business Private Limited
7. Honasa Consumer Pvt. Ltd.(Mama Earth)
8. Meena Perfumery
9. Soulflower India Private Limited
10. TNW International Pvt. Ltd

Leading key players operating in the global organic onion oil market are embracing innovative marketing strategies such as new product development, merger, acquisition, and collaboration with other companies to enlarge their product portfolio and global footprint.