Tea seed oil is an oil extracted from the seeds of Camellia sinenses. It is produced by cold pressed method which increases its nutritional value making more popular amongst people. Tea seed oil is rich in antioxidants and vitamin E. Tea seed oil contains Monounsaturated fatty acids which tends to make them one of the healthy oils used for cooking purpose. Tea seed oil has high smoke point and therefore is preferred for deep frying purposes.
Apart from being used as edibles, tea seed oils are also used for cosmetic purpose. It is known to have anti-ageing properties which makes it popular amongst the women. Tea seed oil grows majorly in East Asia and Sothern China but has a big demand globally. The beneficial properties and wide application of tea seed oil is observed to expand its global market.
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Tea seed oil Market Regional Outlook:
Depending on geographic regions global tea seed oil market is segmented into five key regions: North America, Latin America, Europe, APAC and MEA.
The global of tea seed oil is found to be dominated majorly by China, both on the production and consumption side. However, the market of tea seed oil is found to be increasing at a high CAGR in North America. The increasing demand of tea seed oil is contributed mainly due to its medicinal and cosmetic applications and also because it is a natural plant based product. Overall, the tea seed market is expected to have a positive growth.
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On the basis of end user the tea seed oil market is segmented into two major segments, Industries and consumers. Industry is further segmented into food and beverage, pharmaceuticals and cosmetics. Due to the increasing health concerns consumer based oil seed market is expected to grow at a substantial CAGR which will help increase the tea seed oil demand globally. Furthermore, based on the distribution channel, tea seed oil market is segmented into wholesaler retailers, online retail, supermarkets/hypermarkets, and specialty stores. Based on the increasing popularity of natural products available easily in the markets, the global market share of supermarkets/hypermarkets is expected to increase over the forecast period.