Global Borage Oil Market
Market Overview
Borage oil, extracted from the seeds of Borago officinalis, is one of the richest natural sources of gamma-linolenic acid (GLA), an omega-6 fatty acid known for its anti-inflammatory and skin-conditioning properties. Owing to its functional and therapeutic benefits, borage oil has gained prominence across nutraceutical, pharmaceutical, and personal care industries.
The market is primarily influenced by:
-
Growing consumer preference for plant-based supplements
-
Expansion of natural and organic cosmetic formulations
-
Rising awareness regarding anti-inflammatory dietary ingredients
-
Increasing use in women’s health and skin care products
-
Shift toward clean-label and non-GMO ingredients
Borage oil’s positioning as a premium botanical oil differentiates it within the specialty oils segment.
Market Segmentation Analysis
By Application
1. Cosmetics
-
Anti-aging creams
-
Moisturizers & serums
-
Hair care formulations
-
Sensitive skin products
-
Natural beauty products
2. Medical
-
Anti-inflammatory formulations
-
Rheumatoid arthritis supplements
-
Dermatological treatments
-
Hormonal balance products
3. Dietary Supplements
-
Softgel capsules
-
Functional nutrition blends
-
Women’s health supplements
-
Cardiovascular support supplements
4. Others
-
Animal nutrition
-
Functional foods
-
Industrial specialty blends
Newly Added Segments
By Product Form
-
Cold-Pressed Borage Oil
-
Refined Borage Oil
-
Organic Certified Borage Oil
-
High-GLA Concentrate Extracts
By Distribution Channel
-
Direct Sales (B2B manufacturers)
-
Online Retail
-
Pharmacies
-
Specialty Health Stores
-
Supermarkets & Hypermarkets
Regional Analysis
North America
-
Strong demand for dietary supplements.
-
High consumer awareness of omega fatty acids.
-
Growth in clean-label cosmetic brands.
-
US dominates regional revenue share.
Western Europe
-
Mature nutraceutical market.
-
Germany, UK, and France major consumers.
-
Strong regulatory framework supporting botanical extracts.
Asia Pacific
-
Fastest-growing region.
-
Rising disposable income and preventive healthcare awareness.
-
India and China expanding herbal supplement markets.
-
Japan emphasizing functional foods and beauty-from-within trends.
Eastern Europe
-
Emerging nutraceutical adoption.
-
Moderate but steady growth in dietary supplement demand.
Middle East
-
Growing demand for premium skincare.
-
Increasing adoption of plant-based health supplements.
Rest of the World
-
South America: Expanding herbal medicine market.
-
Africa: Limited but increasing demand for natural oils.
Competitive Landscape
Companies Covered
-
Aromex Industries
-
Connoils LLC.
-
Desert Whale Jojoba Company
-
K. K. Enterprise
-
Oilseed Extraction
-
Nordic Naturals
-
Soyatech International Pvt. Ltd.
-
AOS Products Pvt. Ltd.
-
Icelandirect Inc.
Additional Key Players
-
NOW Foods
-
Nature’s Way
-
Solgar Inc.
-
Bioriginal Food & Science Corp.
-
Henry Lamotte Oils GmbH
-
Jedwards International
-
Gustav Heess GmbH
-
Avestia Pharma
-
Herbal Biosolutions
-
SanaBio GmbH
Competitive Strategies
-
Organic certification expansion
-
High-GLA concentration differentiation
-
Contract manufacturing partnerships
-
Vertical integration with seed sourcing
-
E-commerce channel strengthening
-
Private label production
Porter’s Five Forces Analysis
1. Threat of New Entrants – Moderate
-
Relatively low processing barriers.
-
Certification and quality control create differentiation challenges.
2. Bargaining Power of Suppliers – Moderate to High
-
Dependence on borage seed cultivation.
-
Agricultural yield variability affects pricing.
3. Bargaining Power of Buyers – High
-
Nutraceutical brands negotiate bulk pricing.
-
Private label manufacturers increase price competition.
4. Threat of Substitutes – Moderate
-
Evening primrose oil and black currant seed oil compete in GLA segment.
5. Competitive Rivalry – Moderate
-
Differentiation based on purity, GLA concentration, and organic certification.
SWOT Analysis
Strengths
-
High natural GLA content.
-
Strong positioning in natural health segment.
-
Multi-industry application scope.
Weaknesses
-
Agricultural dependency.
-
Higher cost compared to substitute oils.
-
Limited consumer awareness in some regions.
Opportunities
-
Growth in vegan and plant-based supplements.
-
Expansion into emerging Asian markets.
-
Increasing demand for anti-aging skincare.
-
Functional food fortification.
Threats
-
Regulatory restrictions on health claims.
-
Crop failure risks.
-
Competition from synthetic alternatives.
Market Drivers
-
Rising global nutraceutical consumption.
-
Growing awareness of inflammation management.
-
Expansion of natural cosmetic industry.
-
Increasing aging population.
-
Consumer shift toward preventive healthcare.
Market Challenges
-
Seasonal supply volatility.
-
Quality standardization across producers.
-
Oxidation and shelf-life stability issues.
-
Compliance with global food and cosmetic regulations.
Trend Analysis
-
Surge in organic-certified botanical oils.
-
Growth of beauty-from-within supplements.
-
Increase in softgel capsule consumption.
-
Expansion of private-label nutraceutical brands.
-
Sustainable and traceable sourcing initiatives.
-
Cold-pressed extraction preference.
Value Chain Analysis
Seed Cultivation
→ Harvesting & Cleaning
→ Oil Extraction (Cold Press / Solvent Extraction)
→ Refining & Purification
→ Packaging & Distribution
→ Nutraceutical / Cosmetic Manufacturers
→ Retail & End Consumers
Quality assurance and GLA standardization are critical value-adding stages.
Quick Strategic Recommendations
For Producers
-
Secure long-term contracts with seed growers.
-
Invest in cold-pressed and organic-certified production lines.
-
Differentiate through higher GLA concentration offerings.
-
Develop oxidation-resistant formulations.
For Investors
-
Target vertically integrated producers.
-
Monitor growth in plant-based supplement demand.
-
Focus on e-commerce-driven nutraceutical brands.
For Distributors
-
Expand online retail partnerships.
-
Offer private-label manufacturing solutions.
-
Strengthen traceability and sustainability transparency.
For Policymakers
-
Support sustainable cultivation programs.
-
Encourage botanical extract research.
-
Develop standardized regulatory frameworks for herbal supplements.
Study Timeline
-
Historic Period: 2020–2024
-
Base Year: 2025
-
Estimated Year: 2026
-
Forecast Period: 2026–2036
TABLE OF CONTENTS
1 MARKET ABSTRACT
2 MARKET INTRODUCTION
2.1 MARKET SCOPE
2.2 MARKET PROPERTIES/ BEHAVIOR
2.3 KEY DEFINITIONS–CONTENT
3 QMI RESEARCH PRACTICE
3.1 RESEARCH PRACTICE
3.1.1 GLOBAL LEVEL ANALYSIS
3.1.2 COUNTRY LEVEL ANALYSIS
3.1.3 SUPPLY SIDE ANALYSIS
3.1.4 DEMAND SIDE ANALYSIS
3.1.5 TRIANGULATION
3.2 PRIMARY DATA
3.3 SECONDARY DATA
3.4 MARKET EVALUATION & FORECASTING METHODOLOGY
3.5 ASSUMPTIONS/ LIMITATIONS FOR THE STUDY
3.6 WHAT THIS STUDY PROVIDES
3.7 KEY QUESTIONS ANSWERED BY THIS REPORT
3.8 THIS STUDY IS INTENDED FOR
4 KEY RELATED DATA
4.1 COMPETITIVE POSITIONING
4.1.1 PRODUCT POSITIONING
4.1.2 REVENUE POSITIONING
4.1.3 REGIONAL REACH POSITIONING
4.2 VENDOR MATRIX
4.3 PATENTS
4.4 TECHNOLOGICAL ADVANCEMENTS
4.5 CUSTOMER ANALYSIS
5 IMPACT FACTOR ANALYSIS
5.1 MICRO ECONOMIC POINTERS
5.2 MACRO ECONOMIC POINTERS
5.3 PORTER’S FIVE FORCE MODEL/ PESTLE ANALYSIS/ VALUE CHAIN ANALYSIS
5.4 DRIVERS/RESTRAINTS/OPPORTUNITIES/CHALLENGES
6 MARKET DEVELOPMENT ANALYSIS
6.1 NEW PRODUCT DEVELOPMENT/ LAUNCH
6.2 MERGERS AND ACQUISITIONS
6.3 PARTNERSHIPS / AGREEMENTS/COLLABORATIONS
7 BORAGE OIL MARKET, BY APPLICATION
7.1 INTRODUCTION
7.2 MARKET SHARE ANALYSIS
7.3 COSMETICS
7.4 MEDICAL
7.5 DIETARY SUPPLEMENTS
7.6 OTHERS
8 BORAGE OIL MARKET, REGIONAL ANALYSIS
8.1 INTRODUCTION
8.2 NORTH AMERICA BORAGE OIL MARKET
8.2.1 NORTH AMERICA BORAGE OIL MARKET, BY COUNTRY
8.2.1.1 US Borage Oil Market
8.2.1.2 Canada Borage Oil Market
8.2.1.3 Mexico Borage Oil Market
8.2.2 NORTH AMERICA BORAGE OIL MARKET, BY APPLICATION
8.3 WESTERN EUROPE BORAGE OIL MARKET
8.3.1 WESTERN EUROPE BORAGE OIL MARKET, BY COUNTRY
8.3.1.1 Germany Borage Oil Market
8.3.1.2 UK Borage Oil Market
8.3.1.3 France Borage Oil Market
8.3.1.4 Italy Borage Oil Market
8.3.1.5 Spain Borage Oil Market
8.3.1.6 Rest of Western Europe Borage Oil Market
8.3.2 WESTERN EUROPE BORAGE OIL MARKET, BY APPLICATION
8.4 EASTERN EUROPE BORAGE OIL MARKET
8.4.1 EASTERN EUROPE BORAGE OIL MARKET, BY COUNTRY
8.4.1.1 Russia Borage Oil Market
8.4.1.2 Turkey Borage Oil Market
8.4.1.3 Rest of Eastern Europe Borage Oil Market
8.4.2 EASTERN EUROPE BORAGE OIL MARKET, BY APPLICATION
8.5 ASIA PACIFIC BORAGE OIL MARKET
8.5.1 ASIA PACIFIC BORAGE OIL MARKET, BY COUNTRY
8.5.1.1 China Borage Oil Market
8.5.1.2 Japan Borage Oil Market
8.5.1.3 India Borage Oil Market
8.5.1.4 South Korea Borage Oil Market
8.5.1.5 Australia Borage Oil Market
8.5.1.6 Taiwan Borage Oil Market
8.5.1.7 Malaysia Borage Oil Market
8.5.1.8 Indonesia Borage Oil Market
8.5.1.9 Rest of Asia Pacific Borage Oil Market
8.5.2 ASIA PACIFIC BORAGE OIL MARKET, BY APPLICATION
8.6 MIDDLE EAST BORAGE OIL MARKET
8.6.1 MIDDLE EAST BORAGE OIL MARKET, BY COUNTRY
8.6.1.1 UAE Borage Oil Market
8.6.1.2 Saudi Arabia Borage Oil Market
8.6.1.3 Qatar Borage Oil Market
8.6.1.4 Iran Borage Oil Market
8.6.1.5 Rest of Middle East Borage Oil Market
8.6.2 MIDDLE EAST BORAGE OIL MARKET, BY APPLICATION
8.7 REST OF THE WORLD BORAGE OIL MARKET
8.7.1 REST OF THE WORLD BORAGE OIL MARKET, BY REGION
8.7.1.1 South America (Brazil, Argentina, Colombia, Others) Borage Oil Market
8.7.1.2 Africa (Nigeria, South Africa, Others) Borage Oil Market
8.7.2 REST OF THE WORLD BORAGE OIL MARKET, BY APPLICATION
9 BORAGE OIL MARKET, COMPANY ANALYSIS
9.1 AROMEX INDUSTRIES
9.1.1 FINANCIAL OVERVIEW
9.1.2 PRODUCT/SOLUTION OVERVIEW
9.1.3 SWOT ANALYSIS
9.1.4 KEY DEVELOPMENTS
9.2 CONNOILS LLC.
9.3 DESERT WHALE JOJOBA COMPANY
9.4 K. K. ENTERPRISE
9.5 OILSEED EXTRACTION
9.6 NORDIC NATURALS
9.7 SOYATECH INTERNATIONAL PVT. LTD.
9.8 AOS PRODUCTS PVT. LTD.
9.9 ICELANDIRECT INC.
*Financials and Details May Not be Included in Case of Privately Held Company
10 BORAGE OIL MARKET: CONCLUSION
10.1 BORAGE OIL MARKET SNAPSHOT
10.2 BORAGE OIL MARKET PROSPECTS- BY APPLICATION
11 APPENDIX
11.1 LIST OF ABBREVIATION
11.2 ADDITIONAL DEVELOPMENTS
11.3 RELATED REPORTS
Market Segmentation Analysis
By Application
1. Cosmetics
-
Anti-aging creams
-
Moisturizers & serums
-
Hair care formulations
-
Sensitive skin products
-
Natural beauty products
2. Medical
-
Anti-inflammatory formulations
-
Rheumatoid arthritis supplements
-
Dermatological treatments
-
Hormonal balance products
3. Dietary Supplements
-
Softgel capsules
-
Functional nutrition blends
-
Women’s health supplements
-
Cardiovascular support supplements
4. Others
-
Animal nutrition
-
Functional foods
-
Industrial specialty blends
Newly Added Segments
By Product Form
-
Cold-Pressed Borage Oil
-
Refined Borage Oil
-
Organic Certified Borage Oil
-
High-GLA Concentrate Extracts
By Distribution Channel
-
Direct Sales (B2B manufacturers)
-
Online Retail
-
Pharmacies
-
Specialty Health Stores
-
Supermarkets & Hypermarkets