Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
In the world economic growth, the Evening Primrose Oil Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Evening Primrose Oil market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Evening Primrose Oil market size will be further expanded, we expect that by 2024, The market size of the Evening Primrose Oil will reach XXX million $.
Evening primrose is a plant native to North and South America. The oil from the seeds of evening primrose is used to make medicine for the treatment of various skin disorders such as eczema (atopic dermatitis), psoriasis, acne, and dry, itchy, or thickened skin (ichthyosis). It is also used in the treatment of osteoporosis, rheumatoid arthritis, multiple sclerosis, obesity, liver cancer, hepatitis B, heart disease, Alzheimer's disease, and schizophrenia. Evening primrose oil is also used for the treatment of nerve pain associated with diabetes. Evening primrose oil is a rich source of omega-6 essential fatty acids.
Increasing prevalence of diabetes and obesity is expected to propel growth of the global evening primrose oil market. For instance, according to the study, “Global and regional diabetes prevalence estimates for 2019 and projections for 2030 and 2045: Results from the International Diabetes Federation Diabetes Atlas, 9th edition”, published in the journal Diabetes Research and Clinical Practice, in September 2019, 463 million people are expected to suffer from diabetes in 2019 worldwide and the number is expected to reach 578 million by 2030 and 700 million by 2045. Moreover, according to the Centers of Disease Control and Prevention, Behavioral Risk Factor Surveillance System, 2018, 71424.3 thousand people in the U.S. suffer from obesity.
Moreover, increasing health awareness is also expected to aid in growth of the global evening primrose oil market. Omega-6 fats are essential fats that are an important source of energy for the body. Gamma-linolenic acid (GLA) is an omega-6 fatty acid found in evening primrose oil and is effective in reducing the number of symptoms of rheumatoid arthritis.
The global evening primrose oil market is witnessing M&A activities. For instance, in April 2019, Sanmark Corporation announced that Sanmark B.V., a wholly-owned subsidiary of Sanmark Corporation that distributed Sanmark Corporation’s products to European customers in the dietary supplement, health food, and personal care industries, was acquired by Tradin Organic Agriculture B.V., the Netherland-based manufacturer of organic food ingredients.
Formerly Key Takeaways:
- Increasing prevalence of diabetes and obesity is expected to propel growth of the global evening primrose oil market
- Increasing health awareness is also expected to aid in growth of the market
- Major players operating in the global evening primrose oil market include, Henry Lamotte OILS GmbH, Connoils LLC, Omega NZ, Baxco Pharmaceutical, Inc., Plimon Group, Efamol, Sanmark LLC, Jilin Shengji, Jilin Baili, Liaoning Jiashi, Hebei Xinqidian, Jilin Shangjia, Dalian Tianshan, Yuanhua Biotechnology, Pioneer Herb, Panjin Green Bio-tec, Shenzhen Kangerjian, and Shanghai Yanxintang
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
➣ Henry Lamotte
➣ Connoils
➣ Omeganz
➣ Baxco
➣ Plimon Group
➣ Efamol
➣ Sanmark
➣ Jilin Shengji
➣ Jilin Baili
➣ Liaoning Jiashi
➣ Hebei Xinqidian
➣ Jilin Shangjia
➣ Dalian Tianshan
➣ Yuanhua Biotechnology
➣ Pioneer Herb
➣ Panjin Green Bio-tec
➣ Shenzhen Kangerjian
➣ Shanghai Yanxintang
Section 4: Region Segmentation
➣ North America Country (United States, Canada)
➣ South America
➣ Asia Country (China, Japan, India, Korea)
➣ Europe Country (Germany, UK, France, Italy)
➣ Other Country (Middle East, Africa, GCC)
Section (5 6 7): Segmentation
Product Type Segmentation:
➣ Evening Primrose Oil (γ- linolenic acid 9%)
➣ Evening Primrose Oil (γ- linolenic acid 10%)
Industry Segmentation:
➣ Pharmaceutical Industry
➣ Cosmetic Industry
➣ Food and Health Industry
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
