As per Future Market Insights research, the Ahiflower Oil market is poised to experience a 4.4% Compound Annual Growth Rate (CAGR) throughout the projected period. Projections indicate that the sector’s value would surge to US$ 527.7 Million by 2032, a significant increase from its worth of US$ 343.1 Million in 2022. By the conclusion of 2021, the Ahiflower Oil Market had achieved a valuation of US$ 326.1 Million
Ahiflower Oil is derived from a dicot plant seeds of the Buglossoides arvensis which is a non-genetically modified organisms (non-GMO), scientific name of Ahiflower oil is Lithospermum arvense and is distinctively rich in the essential omega-3 stearidonic acid (SDA),omega-6 gamma linoleic acid (GLA), omega-9 fatty acids.
Lithospermum arvense is a plant that is predominantly grown in Asia and Europe. Researchers have claimed that Ahiflower oil is one of the healthiestand most sustainable oil. Ahiflower oil compared with the flax seed oil and it was found that Ahiflower Oil was simply better thanthe flax seed oil at proliferating the Eicosatetraenoic acid, Eicosapentaenoic Acid and Docosahexaenoic Acid content of plasma and blood cell types.
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Ahiflower Oil Market Drivers and Trends
Increasing awareness regarding the benefits of Ahiflower Oil like loweringcholesterol levels, eliminating plaque and lowering blood pressure among the consumers is going to make the market of this oil drive in the near future.However, the benefits are not just limited to cardiovascular health.
Research shows that omega 3 fatty acids helps in reducing joint pain, eradicate inflammation, and modulate brain development. Pure vegetarians would also prefer Ahiflower oil over other mineral oils as it is from a plant not from fish. As this product is safe in nature and is still under research, more benefits of Ahiflower can be expected in 3-4 years, and the demand for this oil is going to grow enormously.
Ahiflower Oil Market Segmentation
Ahiflower oil is early stages of manufacturing. The market of Ahiflower Oil is segmented on the basis of range of applications like Pet feeds, Personal care products, Nutritional foods, Dietary supplements and Pharmaceutical sector. However, Pharmaceutical sector is a niche market, it has enormous health benefits like reducing joint pain, decreasing swelling,lowering cholesterol levels, lowering blood pressure and many more.
Furthermore, Ahiflower Oil market is also segmented on the basis of regions such as North America, Latin America, Western Europe, Eastern Europe, APEJ, Middle East & Africa and Japan. Ahiflower Oil is segmented on the basis of ingredients the seed contains 25% oil, of which 20% is SDA and 5% is GLA.
Ahiflower Oil Market Regional Outlook
Regional segment for the market of Ahiflower oil is divided into seven different regions:North America, Latin America, Western Europe, Eastern Europe, APEJ, Middle East, Africa and Japan.In regional market WesternEurope has the biggest market for Ahiflower Oil.UK has the largest market for Ahiflower Oil in terms of production and demand, it is now grown on prime farmland of United Kingdom which is thousands of hectare in size.
Ahiflower Oil Market Key Players
The key players in the Ahiflower Oilmarket are Nature’s Crops International, Vertese Natural (UK), Natural Traditions (USA), GreensFIRST Pro (USA)
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Regional analysis for Ahiflower Oil Market includes
- North America
- US
- Canada
- Latin America
- Argentina
- Mexico
- Brazil
- Rest of Latin America
- Western Europe
- Germany
- Italy
- France
- K.
- Spain
- Nordics
- Benelux
- Eastern Europe
- Poland
- Russia
- Asia Pacific
- Australia and New Zealand (A&NZ)
- China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- The Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
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