Global Blackcurrant Seed Oil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Nature;
Organic and Conventional.By Product Type;
Liquid and Capsules.By End-Use;
Food and Beverages, Cosmetics, and Pharmaceuticals.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Blackcurrant Seed Oil Market (USD Million), 2021 - 2031
In the year 2024, the Global Blackcurrant Seed Oil Market was valued at USD 83.27 million. The size of this market is expected to increase to USD 125.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.
The global blackcurrant seed oil market is experiencing significant growth driven by increasing consumer awareness of its health benefits and expanding applications across various industries. Blackcurrant seed oil, extracted from the seeds of the blackcurrant berry (Ribes nigrum), is renowned for its rich composition of essential fatty acids, particularly gamma-linolenic acid (GLA) and alpha-linolenic acid (ALA). These fatty acids are known for their anti-inflammatory properties and skin health benefits, making blackcurrant seed oil a popular ingredient in skincare products.
In recent years, there has been a growing demand for natural and organic ingredients in cosmetics and personal care products, boosting the adoption of blackcurrant seed oil. The oil's antioxidant properties also contribute to its appeal in the nutraceutical industry, where it is used in dietary supplements aimed at promoting heart health and overall well-being. Additionally, the pharmaceutical sector has shown interest in blackcurrant seed oil for its potential therapeutic applications, including in treatments for inflammatory conditions and autoimmune disorders.
Geographically, the market for blackcurrant seed oil is expanding across regions such as North America, Europe, and Asia-Pacific, driven by increasing disposable incomes, changing consumer preferences towards natural products, and the presence of key manufacturers and suppliers. As research continues to uncover new health benefits and applications for blackcurrant seed oil, the market is expected to witness further growth and diversification in the coming years.
Global Blackcurrant Seed Oil Market Recent Developments
-
In April 2020, to fulfill the health needs coming from the COVID-19 epidemic, Vitality Wellness, located in New Zealand, introduced their immune health supplement manufactured from blackcurrants.
-
In June 2023, the blackcurrant seed oil market experienced significant growth due to increasing use in high-end skincare products, driven by its rich omega-3 and antioxidant content.
Segment Analysis
The Global Blackcurrant Seed Oil Market is segmented by Nature into Organic and Conventional oils, each serving distinct consumer preferences and demands. The organic segment has seen significant growth, driven by increasing consumer awareness of sustainability, health, and environmental concerns. Organic blackcurrant seed oil, known for its purity and absence of synthetic chemicals, is highly sought after in premium markets, especially in the cosmetics and pharmaceuticals sectors. Consumers in these markets value the oil's natural properties, such as high omega-3 and omega-6 fatty acid content, and its anti-inflammatory and antioxidant benefits. On the other hand, conventional blackcurrant seed oil remains dominant in the market due to its affordability and widespread availability. Produced through conventional farming practices, it still offers numerous health benefits and is widely used in food and beverage products and more budget-conscious applications.
The Product Type segmentation of the market includes Liquid and Capsules, each tailored to specific applications. Liquid blackcurrant seed oil is the most common form, primarily used in the cosmetics and food industries. Its versatility allows it to be incorporated into a variety of products such as moisturizers, skincare treatments, cooking oils, and dietary supplements. Liquid oil is preferred for its ease of use, allowing for direct application or inclusion in formulations. The capsules segment, however, caters to the growing demand for convenience and precision in dosage, especially in the pharmaceuticals and nutraceuticals sectors. Consumers seeking the health benefits of blackcurrant seed oil, such as improved skin health or joint support, can conveniently consume it in capsule form, with controlled doses of essential fatty acids and antioxidants.
The End-Use segmentation of the blackcurrant seed oil market includes Food and Beverages, Cosmetics, and Pharmaceuticals, with each sector driven by the growing preference for natural, functional ingredients. In the food and beverages industry, blackcurrant seed oil is used for its health benefits, including heart health support and its rich content of essential fatty acids. It is used as a cooking oil, salad dressing, and ingredient in health-oriented products like energy bars and smoothies. In the cosmetics sector, blackcurrant seed oil is highly prized for its hydrating, anti-aging, and soothing properties, making it a popular ingredient in skincare products, haircare treatments, and anti-inflammatory creams. Lastly, in the pharmaceuticals market, blackcurrant seed oil is used in dietary supplements and functional health products, valued for its potential to promote skin health, reduce inflammation, and support overall wellness. As consumer demand for natural and health-focused products rises, all three end-use segments are expected to drive growth in the blackcurrant seed oil market.
Global Blackcurrant Seed Oil Segment Analysis
In this report, the Global Blackcurrant Seed Oil Market has been segmented by Nature, Product Type, End-Use, and Geography.
Global Blackcurrant Seed Oil Market, Segmentation by Nature
The Global Blackcurrant Seed Oil Market has been segmented by Nature into Organic and Conventional.
The Global Blackcurrant Seed Oil Market is segmented by Nature into Organic and Conventional, catering to varying consumer preferences and market demands. The organic segment is witnessing robust growth, driven by increasing consumer awareness of sustainability, environmental impact, and health benefits associated with organic products. Organic blackcurrant seed oil is highly valued for its purity, as it is free from synthetic chemicals, pesticides, and fertilizers. This makes it particularly attractive to health-conscious consumers and those seeking natural skincare, haircare, and wellness products. Organic blackcurrant seed oil is widely used in the cosmetics and pharmaceutical industries, where consumers are increasingly opting for clean, plant-based ingredients. Additionally, the rising trend of eco-conscious purchasing decisions further boosts the demand for organic options.
In contrast, the conventional segment of blackcurrant seed oil remains dominant in the market, primarily due to its lower cost and widespread availability. Conventional blackcurrant seed oil is produced through standard farming practices, and while it may not have the same certification as organic oils, it still offers numerous health benefits. This segment appeals to a broader consumer base, especially in food and pharmaceutical sectors, where affordability and large-scale production are critical. Conventional blackcurrant seed oil is used in a variety of applications, from dietary supplements to cooking oils, thanks to its high content of essential fatty acids and antioxidants, which support skin health, heart health, and overall wellness.
The segmentation between organic and conventional blackcurrant seed oil reflects two distinct consumer groups: one that prioritizes sustainability, purity, and premium quality, and another that focuses on cost-effectiveness while still benefiting from the oil's natural properties. As consumer demand for both organic and conventional products grows, these two segments are likely to coexist, with organic oil continuing to gain traction in premium and niche markets, while conventional oil serves a broader, more price-sensitive audience. This segmentation allows for tailored marketing strategies and product offerings that meet the diverse needs of global consumers.
Global Blackcurrant Seed Oil Market, Segmentation by Product Type
The Global Blackcurrant Seed Oil Market has been segmented by Product Type into Liquid and Capsules.
The segmentation of the global blackcurrant seed oil market by product type into liquid and capsules reflects its versatility and varied applications across different industries. Liquid blackcurrant seed oil is predominantly used in cosmetics and personal care products due to its direct application capabilities. It serves as a valuable ingredient in skincare formulations, contributing to moisturizing, anti-aging, and anti-inflammatory properties sought after by consumers worldwide. Additionally, liquid blackcurrant seed oil is utilized in food and beverage products, enhancing nutritional profiles with essential fatty acids like gamma-linolenic acid (GLA) and alpha-linolenic acid (ALA).
On the other hand, capsules of blackcurrant seed oil are favored in the nutraceutical and pharmaceutical sectors for their convenience and controlled dosage. Encapsulated formulations ensure precise intake of beneficial compounds, making them ideal for dietary supplements aimed at supporting cardiovascular health, immune function, and overall wellness. The popularity of blackcurrant seed oil capsules also stems from their shelf-stability and ease of incorporation into daily health regimens, appealing to health-conscious consumers seeking natural alternatives.
Overall, the segmentation into liquid and capsules underscores the adaptability of blackcurrant seed oil to meet diverse industry needs, from enhancing beauty products to providing nutritional and therapeutic benefits in health supplements. As consumer awareness grows and research continues to uncover new applications, both forms are poised to contribute significantly to the expanding global market for blackcurrant seed oil.
Global Blackcurrant Seed Oil Market, Segmentation by End-Use
The Global Blackcurrant Seed Oil Market has been segmented by End-Use into Food and Beverages, Cosmetics and Pharmaceuticals.
The segmentation of the global blackcurrant seed oil market by end-use highlights its diverse applications across different industries. In the food and beverages sector, blackcurrant seed oil is increasingly recognized for its nutritional value and health benefits. It is used in functional foods, dietary supplements, and beverages to enhance products with essential fatty acids like gamma-linolenic acid (GLA) and alpha-linolenic acid (ALA). These components contribute to cardiovascular health and overall well-being, catering to the growing consumer demand for natural and nutritious ingredients.
In cosmetics, blackcurrant seed oil is prized for its skincare properties. It is commonly incorporated into formulations for its moisturizing, anti-inflammatory, and antioxidant qualities. The oil helps nourish and protect the skin, making it a popular choice in creams, lotions, serums, and other skincare products. Its ability to support skin elasticity and promote a healthy complexion aligns with the rising preference for natural and organic ingredients in beauty and personal care.
In pharmaceutical applications, blackcurrant seed oil is being researched for its potential therapeutic benefits. Studies suggest that its anti-inflammatory properties may aid in managing conditions like arthritis and other inflammatory disorders. Additionally, its antioxidant content could support immune function and contribute to overall health maintenance. As research continues to uncover new health benefits, pharmaceutical applications of blackcurrant seed oil are expected to expand, further driving market growth and innovation in the healthcare sector.
Global Blackcurrant Seed Oil Market, Segmentation by Geography
In this report, the Global Blackcurrant Seed Oil Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Blackcurrant Seed Oil Market Share (%), by Geographical Region, 2024
The segmentation of the global blackcurrant seed oil market by geography highlights the regional variations in consumption, production, and market dynamics. North America and Europe are prominent markets, driven by increasing consumer awareness of natural health products and robust demand in the cosmetics and nutraceutical sectors. These regions also benefit from advanced manufacturing capabilities and stringent quality standards, ensuring high product quality and safety compliance.
In Asia-Pacific, the market for blackcurrant seed oil is expanding rapidly, fueled by rising disposable incomes, changing consumer preferences towards natural and organic products, and the presence of key manufacturers. Countries like China, Japan, and India are emerging as significant consumers and producers of blackcurrant seed oil, driven by a growing focus on personal health and wellness.
Latin America and the Middle East & Africa regions are also witnessing growing demand for blackcurrant seed oil, albeit at a relatively slower pace compared to other regions. Factors such as increasing urbanization, rising health consciousness, and expanding distribution networks are contributing to market growth in these regions. However, challenges such as regulatory complexities and economic fluctuations can impact market dynamics in these geographies.
Overall, the geographical segmentation of the blackcurrant seed oil market underscores the global nature of its demand and production, influenced by regional economic factors, consumer preferences, and regulatory environments. As the market continues to evolve, understanding these regional dynamics becomes crucial for stakeholders aiming to capitalize on growth opportunities and navigate challenges effectively.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Blackcurrant Seed Oil Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Health Benefits Recognition
- Growing Cosmetics Demand
- Rise in Organic Trends
-
Expanding Nutraceutical Applications:The expanding nutraceutical applications of blackcurrant seed oil are driven by its rich composition of essential fatty acids, particularly gamma-linolenic acid (GLA) and alpha-linolenic acid (ALA). These components are valued for their potential health benefits, including anti-inflammatory properties and support for cardiovascular health. As consumer awareness of preventive healthcare grows, there is an increasing demand for natural supplements that can offer these benefits, positioning blackcurrant seed oil as a favorable choice in the nutraceutical industry.
Furthermore, the antioxidant properties of blackcurrant seed oil contribute to its appeal in nutraceutical formulations aimed at boosting immune function and supporting overall well-being. The oil's ability to promote skin health and aid in the management of inflammatory conditions further expands its utility in dietary supplements and functional foods. As research continues to uncover additional health advantages, the nutraceutical market is expected to drive sustained growth in the consumption and application of blackcurrant seed oil globally.
Restraints
- Price Volatility Challenges
- Regulatory Constraints
- Supply Chain Risks
-
Seasonal Yield Fluctuations: Seasonal yield fluctuations pose a significant challenge to the production and supply of blackcurrant seed oil. Blackcurrants are typically harvested once a year during specific seasons, which can vary depending on the geographical region and climate conditions. This seasonal nature of harvesting can lead to fluctuations in the availability and supply of raw materials, affecting the production output of blackcurrant seed oil throughout the year.
Moreover, seasonal variations can impact the quality and composition of blackcurrant seeds, influencing the overall yield and consistency of the extracted oil. Manufacturers and suppliers often need to manage inventory levels carefully to meet continuous demand, especially in industries like cosmetics, nutraceuticals, and pharmaceuticals where consistent product quality is crucial. Strategies such as storage, preservation techniques, and sourcing from multiple regions may be employed to mitigate the effects of seasonal yield fluctuations and maintain a stable supply chain for blackcurrant seed oil products.
Opportunities
- Emerging Markets Expansion
- Research Advancements
- Sustainable Sourcing Initiatives
-
New Product Innovations: New product innovations in the blackcurrant seed oil market are driving growth and diversification across various industries. Manufacturers are continuously exploring novel formulations and applications to capitalize on the oil's beneficial properties, such as its high content of essential fatty acids and antioxidants. In the cosmetics industry, there is a trend towards integrating blackcurrant seed oil into skincare products known for their moisturizing, anti-aging, and anti-inflammatory properties. These innovations cater to consumer preferences for natural and effective ingredients in personal care routines.
In the nutraceutical sector, ongoing research and development efforts are focusing on creating new dietary supplements and functional food products enriched with blackcurrant seed oil. These innovations target specific health benefits, such as cardiovascular support, immune system enhancement, and overall wellness. Additionally, advancements in extraction technologies and sustainable sourcing practices are facilitating the production of high-quality blackcurrant seed oil, further stimulating innovation in product formulations and expanding market opportunities globally.
Competitive Landscape Analysis
Key players in Global Blackcurrant Seed Oil Market include;
- Hanzhou Greensky Biological Tech. Co., Ltd
- Cibaria International
- CONNOils
- Bioriginal Food & Science Corp
- Natural Health Products NZ
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Nature
- Market Snapshot, By Product Type
- Market Snapshot, By End-Use
- Market Snapshot, By Region
- Global Blackcurrant Seed Oil Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Health Benefits Recognition
- Growing Cosmetics Demand
- Rise in Organic Trends
- Expanding Nutraceutical Applications
- Restraints
- Price Volatility Challenges
- Regulatory Constraints
- Supply Chain Risks
- Seasonal Yield Fluctuations
- Opportunities
- Emerging Markets Expansion
- Research Advancements
- Sustainable Sourcing Initiatives
- New Product Innovations
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Blackcurrant Seed Oil Market, By Nature, 2021 - 2031 (USD Million)
- Organic
- Conventional
- Global Blackcurrant Seed Oil Market, By Product Type, 2021 - 2031 (USD Million)
- Liquid
- Capsules
- Global Blackcurrant Seed Oil Market, By End-Use, 2021 - 2031 (USD Million)
- Food and Beverages
- Cosmetics
- Pharmaceuticals
- Global Blackcurrant Seed Oil Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Friday, June 21st
- North America
- Global Blackcurrant Seed Oil Market, By Nature, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Hanzhou Greensky Biological Tech. Co., Ltd
- Cibaria International
- CONNOils
- Bioriginal Food & Science Corp
- Natural Health Products NZ
- Company Profiles
- Analyst Views
- Future Outlook of the Market