Brazil Nut Oil Market in U.S.: Introduction
A recent study published by Transparency Market Research on the Brazil nut oil market includes
the U.S. industry analysis and opportunity assessment for 2021-2031.
The revenue generated from the food & beverage segment of the Brazil nut
oil market in the U.S. was valued at ~US$ 1 Mn in 2021, which is
estimated to rise at a CAGR of ~4.5%, to reach US$ 1.4 Mn
by 2031. The revenue generated from the cosmetics & personal
care segment of the Brazil nut oil market in the U.S. was valued at ~US$ 2.6 Mn
in 2021, which is estimated to rise at a CAGR of ~7.6%,
to reach US$ 5.4 Mn by 2031.
High Demand for Organic Ingredients in Personal
Care Products Driving Adoption of Organic Brazil Nut Oil
In the past few years, the demand for organic products has increased
substantially and consumers are preferring products containing organic
ingredients. Rising awareness of the adverse effects of artificial components
used in the formulation of personal care products has shifted customer focus
toward products that claim to contain organic ingredients. This has heavily
influenced the cosmetic & personal care industry. Although the cost of
products that contain organic ingredients is high, customers are willing to pay
for such premium products, attributable to their high effectiveness and
harmless nature. Thus, manufacturers of personal care products are using
organic Brazil nut oil in their products.
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For
instance, Tree Hut’s shea moisturizing body wash contains organic Brazil nut
oil extracted from organic Brazil nuts harvested from the Amazon rainforest
Rising Popularity of Brazil Nut Oil in U.S. for
Nutritional and Health Benefits
Brazil nuts are packed with vitamins and minerals, including vitamins A,
B-6, B-12, C, and D as well as magnesium, calcium, and iron. They are also very
rich in fatty acids, protein, fiber, copper, thiamine, and antioxidants. As
food, Brazil nut oil is the richest on the planet for selenium, which is anti-viral,
reduces the risk of cancer, autoimmune and thyroid diseases, and is also
essential for both male and female reproductive health and fertility. It also
offers some great anti-inflammatory properties. Such high nutritional quotient
and health benefits of Brazil nut oil contribute to the growth of Brazil nut
oil market in the U.S., and this is anticipated to continue during the forecast
period.
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Wide Range of Applications for Brazil Nut Oil to
Improve Customer Base for Manufacturers
Brazil nut oil is emerging as the one of the important ingredients in
the cosmetics & personal care industry - there are many current as well as
potential applications of this oil in skin care, hair care, and personal care
products. As the demand for products containing natural and organic ingredients
from consumers is increasing, more applications for Brazil nut oil are
anticipated in the cosmetic & personal care industry. Moreover, Brazil nut
oil is also used in food preparations such as in salad dressings and as a cooking
oil. Manufacturers of Brazil nut oil can target companies that seek to offer
premium and highly nutritious food products with unique taste profiles in order
to gain more profits from a scenario where the demand for healthy yet tasty
food is on the rise.
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Challenges for Brazil Nut Oil Manufacturers
High availability of low price substitutes to limit
sales of Brazil nut oil in U.S.: Brazil nut oil has various applications in
food preparations, in cooking and for salad preparation. Despite its many
health benefits, the use of Brazil nut oil in food preparation is hampered by
the high availability of a wide number of other oils. Olive oil, palm oil, and
sunflower oil dominate the market, owing to their easy availability and lower
pricing as compared to Brazil nut oil.
Brazil nut oil also finds application in the cosmetics & personal
care industry. Many skin care and hair care products are infused with natural
ingredients, and Brazil nut oil is ideal for use in skin care and hair care
products. However, the wide availability of other natural ingredients and
vegetable oils at lower prices is hampering sales of Brazil nut oil is the U.S.
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