Global Buriti Oil Market By Application (Cosmeceuticals, Cosmetics and Personal Care, Food & Beverages, Nutraceuticals), By Distribution Channel (Online Platform, Offline Platform), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Buriti tree, also known as Mauritia flexuosa is a tropical tree which grows in the South America. This tree is known in Brazil as “the tree of life”. The palm fruit of this tree is used for the jam, desserts, fermented wine, snacks and juices. The oil is extracted from this fruit, then ground and cold-pressed to preserves its nutrients.

Buriti oil, is the richest source of the carotenoid as compare to carrots and has five times more beta-carotene in it. In addition to this, buriti oil is a great source of vitamins such as A, C and E, minerals as well as fatty acids.

The fruit has a shiny chestnut color and it is filled with bright yellow pulp inside. This oil, is a natural antioxidant and offer some protection against damage caused due to sun exposure. The appearance of this oil is reddish brown to golden orangey shade and the flavor is like creamy nutty flavor. This oil has numerous benefits for skin as well as for the hairs too.

Buriti oil when used on dry hairs, shows the drastic difference in shine amongst treated and untreated hair strands. This also allows the oil to eliminate free radicals, which contribute to skin damage and aging also, this oil is a wonderful ointment that deeply moisturizes the skin. It has a higher content of Vitamin E than Argan oil, which makes it more rejuvenating than Argan oil.

The anti-inflammatory properties of this oil treat rashes, irritation, redness and heals sensitive skin also it works as a natural moisturizer. Due to its anti-aging properties, this oil is widely used in personal care products.

Detailed Segmentation:

The global buriti oil market is segmented on the basis of its application, distribution channel, and regions.

Application:

• Cosmeceuticals
• Cosmetics and Personal Care
• Food & Beverages
• Nutraceuticals

Distribution Channel:

• Online Platform
• Offline Platform

Regions:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Market Dynamics:

Drivers:

The buriti oil helps to reduce the sign of aging; also, it improves skin hydration, elasticity, firmness and smoothness due to the presence of vitamins such as A, C and E.  The increasing pollution and its side effects are creating several skin diseases like skin cancer. The number is increasing due to the exposure of UV rays and buriti oil is a crucial ingredient that protects skin damage and can be used in sunscreen as well as face serums, this is expected to be an emerging factor to grow the demand of this essential oil in the market.

The major application of this oil is in personal care products. Due to its amazing properties, this oil is getting popular among consumers. These factors may fuel the market growth among major key players.

Restraint:

The market has numerous alternatives to buriti oil; because, this oil is not much popular yet among the consumers globally. Furthermore, the production of this oil is not expanding worldwide hence, such factors may hinder this market’s growth.

Opportunities:

Poor and polluted air quality has been significantly contaminated in cities around the world demand for anti-pollution beauty and personal care products. This oil fulfills the necessity of such product. This oil is can be used for the production of high-quality biodiesel which will be alternative for the crude oil with less production value. Also, food and beverage industry is in growth due to the demand amongst consumers for different flavors of jams, juices with health benefits. The buriti fruit extract is used to make wine and may create lucrative opportunities across the globe for this market.

Competitive Landscape:

• Earthrhythm
• Teadora
• AMARUMAYU LLC
• Green People
• Natural Sourcing, LLC.
• Jedwards International, Inc
• Sweet Essential
• Botanical Beauty
• Other Key Players

For the Buriti Oil Market research study, the following years have been considered to estimate the market size: