Market Revenue Borage Oil Industry Application Movement Analysis | Page 3

Europe is a prime location for borage oil production owing to its favorable soil and weather conditions. High GLA and oil content in UK grown starflower make it the best quality seed available in the market. The presence of large skincare and haircare producers including Unilever and L’Oréal are expected to serve the European market and result in high starflower oil demand over the forecast period. These companies have been emphasizing on bio-based cosmetic development that is expected to augment market demand. Competitive Insights Global borage oil industry is fragmented in nature on account of the presence of several small-scale manufacturers. Borage oil manufacturers attempt to procure good quality seeds produced in Canada and UK in order to achieve a competitive edge as high-quality oil is ideal for premium applications. Major borage oil manufacturers include Connoils LLC., Aromex Industries, Desert Whale Jojoba Company, Oilseed Extraction, K. K. Enterprise, Nordic Naturals, AOS Products Pvt. Ltd., IcelandirectInc and Soyatech International Pvt. Ltd. Market Segmentation Global Borage Oil Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2024) • Cosmetics • Medical • Dietary Supplements • Others Global Borage Oil Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2024) • North America • U.S. • Europe • Germany • France • UK • Asia Pacific • China • India • Japan • Middle East & Africa • Central & South America See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/pharmaceuticals