Evening Primrose is a species of flowering plant in the family Onagraceae, Evening primrose oil has been shown to help relieve hot flashes in menopausal women, including their severity, frequency, and duration. Primrose oil is traditionally used to treat bruises, hemorrhoids, digestive problems, and sore throats. It is highly effective in treating premenstrual syndrome (PMS) such as irritability, depression, and bloating.
MARKET SCOPE
The "Global Evening Primrose Oil Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Evening Primrose Oil market with detailed market segmentation by distribution, application, and end user. The report provides key statistics on the market status of the leading Evening Primrose Oil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on distribution the market is segmented as, supermarket or hypermarket, online stores, and retail stores.
- Based on application the market is segmented as, pharmaceuticals, cosmetics, food products, bakery products, and confectionery.
- Based on end user the market is segmented as, industries, food services, and consumers.
MARKET DYNAMICS
Drivers:
- Rising wareness of primrose oil in the young generation.
- High medical qualities if primrose oil.
- High affinity towards bruises, hemorrhoids, digestive problems, and sore throats.
Restraints:
- Whereas, high cost of extraction and manufacturing is expected to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America. The Evening Primrose Oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South and Central America after evaluating political, economic, social and technological factors affecting the Evening Primrose Oil market in these regions.
IMPACT OF COVID-19 ON EVENING PRIMROSE OIL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Evening Primrose Oil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Evening Primrose Oil market are anticipated to lucrative growth opportunities in the future with the rising demand for Evening Primrose Oil in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Evening Primrose Oil market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- CONNOILS LLC
- AROMEX INDUSTRY
- EFAMOL
- HTC HEALTH
- HENRY LAMOTTE OILS GMBH
- OMEGANZ
- OIL SEED EXTRACTIONS
- GRUPO PLIMON
- SANMARK CORPORATE