Global Kenaf Seed Oil
Market Report
2025
The global Kenaf Seed Oil Market size will be USD 235.6 million in 2024. Rising skincare and cosmetics products is expected to boost sales to USD 358.96 million by 2031, with a Compound Annual Growth Rate (CAGR) of 6.20% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Kenaf Seed Oil Market size will be USD 235.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.00% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Kenaf Seed Oil Market Sales Revenue | $ 235.6 Million | 121212 | 121212 | 121212 | 6.2% |
North America Kenaf Seed Oil Market Sales Revenue | $ 94.24 Million | 121212 | 121212 | 121212 | 4.4% |
Canada Kenaf Seed Oil Market Sales Revenue | $ 11.31 Million | 121212 | 121212 | 121212 | 5.2% |
United States Kenaf Seed Oil Market Sales Revenue | $ 74.36 Million | 121212 | 121212 | 121212 | 4.2% |
Mexico Kenaf Seed Oil Market Sales Revenue | $ 8.58 Million | 121212 | 121212 | 121212 | 4.9% |
Europe Kenaf Seed Oil Market Sales Revenue | $ 70.68 Million | 121212 | 121212 | 121212 | 4.7% |
France Kenaf Seed Oil Market Sales Revenue | $ 6.5 Million | 121212 | 121212 | 121212 | 3.9% |
Spain Kenaf Seed Oil Market Sales Revenue | $ 5.8 Million | 121212 | 121212 | 121212 | 3.8% |
United Kingdom Kenaf Seed Oil Market Sales Revenue | $ 11.87 Million | 121212 | 121212 | 121212 | 5.5% |
Russia Kenaf Seed Oil Market Sales Revenue | $ 10.96 Million | 121212 | 121212 | 121212 | 3.7% |
Italy Kenaf Seed Oil Market Sales Revenue | $ 6.08 Million | 121212 | 121212 | 121212 | 4.1% |
Germany Kenaf Seed Oil Market Sales Revenue | $ 13.99 Million | 121212 | 121212 | 121212 | 4.9% |
Rest of Europe Kenaf Seed Oil Market Sales Revenue | $ 10.96 Million | 121212 | 121212 | 121212 | 3.4% |
Asia Pacific Kenaf Seed Oil Market Sales Revenue | $ 54.19 Million | 121212 | 121212 | 121212 | 8.2% |
India Kenaf Seed Oil Market Sales Revenue | $ 6.5 Million | 121212 | 121212 | 121212 | 10% |
Korea Kenaf Seed Oil Market Sales Revenue | $ 5.42 Million | 121212 | 121212 | 121212 | 7.3% |
Japan Kenaf Seed Oil Market Sales Revenue | $ 7.48 Million | 121212 | 121212 | 121212 | 6.7% |
China Kenaf Seed Oil Market Sales Revenue | $ 24.38 Million | 121212 | 121212 | 121212 | 7.7% |
Australia Kenaf Seed Oil Market Sales Revenue | $ 2.82 Million | 121212 | 121212 | 121212 | 7.9% |
Rest of APAC Kenaf Seed Oil Market Sales Revenue | $ 3.85 Million | 121212 | 121212 | 121212 | 8% |
South America Kenaf Seed Oil Market Sales Revenue | $ 11.78 Million | 121212 | 121212 | 121212 | 5.6% |
Colombia Kenaf Seed Oil Market Sales Revenue | $ 1.05 Million | 121212 | 121212 | 121212 | 5.4% |
Argentina Kenaf Seed Oil Market Sales Revenue | $ 1.98 Million | 121212 | 121212 | 121212 | 6.5% |
Brazil Kenaf Seed Oil Market Sales Revenue | $ 5.04 Million | 121212 | 121212 | 121212 | 6.2% |
Chile Kenaf Seed Oil Market Sales Revenue | $ 0.85 Million | 121212 | 121212 | 121212 | 5.9% |
Peru Kenaf Seed Oil Market Sales Revenue | $ 0.97 Million | 121212 | 121212 | 121212 | 5.8% |
Rest of South America Kenaf Seed Oil Market Sales Revenue | $ 1.9 Million | 121212 | 121212 | 121212 | 4.7% |
Middle East Kenaf Seed Oil Market Sales Revenue | $ 4.71 Million | 121212 | 121212 | 121212 | 5.9% |
Egypt Kenaf Seed Oil Market Sales Revenue | $ 0.49 Million | 121212 | 121212 | 121212 | 6.2% |
Turkey Kenaf Seed Oil Market Sales Revenue | $ 0.41 Million | 121212 | 121212 | 121212 | 5.4% |
Rest of MEA Kenaf Seed Oil Market Sales Revenue | $ 0.56 Million | 121212 | 121212 | 121212 | 4.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Nature Outlook: |
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Market Split by Application Outlook: |
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Market Split by Distribution channel Outlook: |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Kenaf Seed Oil Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A member of the Malvaceae family, which is also home to cotton and okra, the kenaf plant (Hibiscus cannabinus) yields the seeds used to make kenaf seed oil. The quick growth and high biomass production of kenaf make it a popular crop in warm climes. Applications for the oil derived from kenaf seeds are numerous and include the food, industrial, and cosmetic industries. Demand for natural, sustainable, and eco-friendly products across a range of industries, including food and beverage and cosmetics, is fueling the rising demand for kenaf oil seed. Growing consumer interest in the manufacturing of cosmetics and initiatives to enhance skincare products have made kenaf seed oil even more necessary. Organizations worldwide are therefore encouraging the use of biofuel derived from kenaf seed oil. Because they are more efficient and less harmful to the environment, fossil fuels are being replaced by these environmentally friendly seeds.
In February 2020, Hemp Inc. signed a $1 million sales agreement for its DrillWall blend of kenaf-hemp oil, which is designed to replace lost circulation fluid in the oil and gas drilling industry. (Source: https://www.globenewswire.com/news-release/2020/02/04/1979443/0/en/Hemp-Inc-s-North-Carolina-Operation-Enters-1-Million-Sales-Agreement-for-Proprietary-Loss-Circulation-Material-Product-DrillWall.html)
The market for kenaf seed oil is seeing a sharp increase in demand for organic and natural goods. Customers are increasingly looking for alternatives to synthetic solutions as they get more health concerned. Because kenaf seed oil has several health advantages, such as anti-inflammatory and antioxidant qualities, it is especially in high demand in the culinary and cosmetic industries. Customers who value clean-label items that improve their health may find kenaf seed oil's natural composition intriguing. Furthermore, the environmentally beneficial aspect of kenaf cultivation—which uses fewer pesticides and fertilizers than conventional crops—increases its appeal as sustainability becomes a crucial consideration in purchase decisions. In addition to increasing sales, customer tastes that are in line with the sustainable practices of the kenaf seed oil market industry also open the door for creative product formulations that take advantage of the special qualities of kenaf seed oil.
The efficiency and quality of oil production are being improved by technological developments in the kenaf seed oil extraction methods. New developments in extraction methods, like cold pressing and supercritical fluid extraction, are helping producers increase yields while maintaining the oil's nutritional value. These developments are essential to the kenaf seed oil industry because they enable more affordable production and enhance product quality, increasing kenaf seed oil's competitiveness. Continuous advancements in extraction technology promote the creation of high-quality goods that satisfy customer demands and industry requirements in addition to aiding in production scaling.
The rising cost of kenaf seeds as a result of limited output is a significant problem that stakeholders in the kenaf seed oil industry must address. The lack of commercialized kenaf production and the scarcity of companies that specialize in processing kenaf seed oil are two significant factors that are causing the market for kenaf seed oil to experience an increasing supply-demand mismatch. Due to the growing imbalance between supply and demand, companies in the kenaf seeds oil industry are increasing their spending in research and development of techniques that enhance kenaf seed production and quality.
The COVID-19 epidemic has caused a detrimental influence on the market. Due to the small number of producers in this sector, the kenaf seed oil supply chain is disrupted, which has a negative impact on market expansion. Nonetheless, it is anticipated that rising awareness of this oil's health advantages will propel market expansion internationally. Monounsaturated and polyunsaturated fatty acids found in kenaf seed oil are beneficial for cardiovascular conditions. Furthermore, this oil serves as a lubricant and biofuel and is utilized in the production of soap and other personal care items as well as in industrial settings. Consequently, a number of advantages linked to kenaf seed oil are anticipated to propel market expansion following the COVID-19 pandemic.
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In the Kenaf Seed Oil Market's competitive landscape, numerous key competitors are driving innovation and growth. Numerous firms strategically position themselves to satisfy the changing needs of businesses and customers alike by investing in R&D to improve extraction methods and product quality, which shapes the competitive dynamics. Market rivalry is encouraging technological and design innovations to create Kenaf Seed Oil that fulfill both consumer wants and sustainability goals, keeping the market dynamic and competitive.
In March 2022, KVG partnered with Al Rayes Group to expand Kenaf plantations. (Source: https://www.zawya.com/en/press-release/companies-news/kvg-partners-with-al-rayes-group-for-kenaf-plantation-expansion-qz6r7lnf)
Top Companies Market Share in Kenaf Seed Oil Industry: (In no particular order of Rank)
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According to Cognitive Market Research, Asia Pacific currently dominates the Kenaf Seed Oil market, and the region is expected to have significant growth during the projected period. The demand for kenaf-based seed oil is rising mostly due to growing worries about global warming and the depletion of fossil fuel supplies in nations like China, Japan, and South Korea.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The need for subsea manifold systems is being driven by the existence of established offshore oil and gas fields. Market expansion is facilitated by favorable government policies and technological breakthroughs.
The current report Scope analyzes Kenaf Seed Oil Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Kenaf Seed Oil Market size was estimated at USD 235.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 94.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
According to Cognitive Market Research, the global Kenaf Seed Oil Market size was estimated at USD 235.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 70.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
According to Cognitive Market Research, the global Kenaf Seed Oil Market size was estimated at USD 235.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 54.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
According to Cognitive Market Research, the global Kenaf Seed Oil Market size was estimated at USD 235.6 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 11.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
According to Cognitive Market Research, the global Kenaf Seed Oil Market size was estimated at USD 235.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 4.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031..
Global Kenaf Seed Oil Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Kenaf Seed Oil Industry growth. Kenaf Seed Oil market has been segmented with the help of its Nature Outlook:, Application Outlook: Distribution channel Outlook:, and others. Kenaf Seed Oil market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Kenaf Seed Oil Market?
According to Cognitive Market Research, conventional kenaf seed oil are likely to dominate the Kenaf Seed Oil Market over the forecast period. Traditional methods, which frequently include the use of synthetic fertilizers and pesticides during growing, are used to obtain conventional kenaf seed oil from kenaf seeds. Because of its cheaper cost and capacity for mass production, this kind of kenaf seed oil is widely employed in a variety of industrial applications, including lubricants, cosmetics, and bioplastics.
The Organic Kenaf Seed Oil is the fastest-growing segment in the Kenaf Seed Oil Market. Organic kenaf seed oil is produced from kenaf plants that are grown without the use of artificial inputs and that meet the stringent requirements imposed by organizations that certify organic products. The desire for organic kenaf seed oil has increased significantly as environmental and health concerns gain traction, especially in the food and cosmetics industries.
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According to Cognitive Market Research, the biofuels and lubricants segment holds the largest share of the market. Kenaf seed oil has been recognized as a biofuel due to its high oil content and low viscosity, which makes it a good alternative to fossil fuels in diesel engines. Global need for renewable energy sources and the desire to lower carbon emissions are the main factors driving the preference for kenaf seed oil in the biofuel and lubricant sector.
In the Kenaf Seed Oil Market, the cosmetics and personal care has been expanding at a rapid pace. Natural oils are being used in cosmetics and personal care products more and more as consumers express a preference for non-toxic and organic ingredients. Known for its emollient qualities, kenaf seed oil is utilized in hair care products, lotions, and soaps.
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According to Cognitive Market Research, The Online distribution channel segment holds the largest market share. This market promotes direct-to-consumer sales with simple product comparisons and doorstep delivery choices, providing convenience, increased reach, and access to worldwide consumers.
In the Kenaf Seed Oil Market, the rapidly growing sector is the offline distribution channel category, includes Traditional retail establishments, regional distributors, farmers' markets, and specialty health stores are all. Customers looking for natural oils are served by these channels, which prioritize localized distribution and direct, in-person interactions.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Nature Outlook: | Organic Kenaf Seed Oil, Conventional Kenaf Seed Oil |
Application Outlook: | Functional Foods, Cosmetics & Personal Care, Nutraceuticals, Lubricants & Coatings, Biofuels, Other Industries |
Distribution channel Outlook: | Online, Offline |
List of Competitors | Tropical BioEssence, KASTAS Biotechnologies, Tharakan and Company, Green Gold BioAggregates, Natural Growth, Jiangsu Taifeng Group, Sustainable Agro Solutions, Sinopec Corp, Hunan Evergrande Group, Biomass Industries Company, Shandong Dadi Agricultural Group, Laihe Zhonghua, Indus Valley Biofuels, Zhejiang Yongxing Environmental Protection Technology, Huajiang Biotechnology |
This chapter will help you gain GLOBAL Market Analysis of Kenaf Seed Oil. Further deep in this chapter, you will be able to review Global Kenaf Seed Oil Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Kenaf Seed Oil. Further deep in this chapter, you will be able to review North America Kenaf Seed Oil Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Kenaf Seed Oil. Further deep in this chapter, you will be able to review Europe Kenaf Seed Oil Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Kenaf Seed Oil. Further deep in this chapter, you will be able to review Asia Pacific Kenaf Seed Oil Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Kenaf Seed Oil. Further deep in this chapter, you will be able to review South America Kenaf Seed Oil Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Kenaf Seed Oil. Further deep in this chapter, you will be able to review Middle East Kenaf Seed Oil Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Kenaf Seed Oil. Further deep in this chapter, you will be able to review Middle East Kenaf Seed Oil Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Kenaf Seed Oil. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Nature Outlook: Analysis 2019 -2031, will provide market size split by Nature Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Nature Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Outlook: Analysis 2021 - 2033
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Chapter 12 Market Split by Distribution channel Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Kenaf Seed Oil market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Organic Kenaf Seed Oil have a significant impact on Kenaf Seed Oil market? |
What are the key factors affecting the Organic Kenaf Seed Oil and Conventional Kenaf Seed Oil of Kenaf Seed Oil Market? |
What is the CAGR/Growth Rate of Functional Foods during the forecast period? |
By type, which segment accounted for largest share of the global Kenaf Seed Oil Market? |
Which region is expected to dominate the global Kenaf Seed Oil Market within the forecast period? |
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Additional Qualitative Data |
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