Consumer Goods Market Report

4-july-19 The global jojoba oil market rising demand for organic personal care products along with formulation development for specific consumer group is expected to create new market avenues for cultivators and producers of jojoba oil. Major cosmetic manufacturers such as JE International, L'Oreal S.A, and Ole Henriksen are undertaking extensive research & development for innovation of jojoba oil-based formulations. The increasing penetration of jojoba oil in cosmetic products including lipsticks, shampoos & conditioners, and skin creams & moisturizers is expected to be a major factor in promoting growth. The various abilities of the ingredient such as acting as an emollient and moisturizer and prevention of aging skin have resulted in increased penetration of jojoba oil in the overall cosmetic market. Declining use of various harmful chemicals such as aluminum salts, phthalates, and parabens coupled with dedicated efforts from several multinational corporations ...