Buriti Oil Market Growth USD 494 Million by 2033 at 6.8% CAGR

Updated · Dec 9, 2024

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Table of Contents

Introduction
Key Takeaways
Buriti Oil Statistics
Emerging Trends
Use Cases
Major Challenges
Market Growth Opportunities
Key Players Analysis
Conclusion

Introduction

The Buriti Oil Market is poised for robust growth. It is projected to expand from USD 256 million in 2023 to USD 494 million by 2033, with a compound annual growth rate (CAGR) of 6.8%.

This growth is driven by the increasing demand for natural and sustainable products in the cosmetics and personal care sectors, where Buriti Oil is valued for its moisturizing and antioxidant properties. The oil is predominantly used in products aimed at improving skin elasticity and reducing the appearance of fine lines, making it popular in anti-aging creams, lotions, and hair care products.

Market opportunities are also expanding due to the oil’s diverse applications across food, nutraceuticals, and personal care. As consumers become more health-conscious, the demand for products with natural ingredients like Buriti Oil continues to rise, particularly for its benefits in enhancing skin health and providing UV protection.

The market’s expansion is further supported by a growing emphasis on sustainability. The extraction and sourcing of Buriti Oil are increasingly governed by ethical and fair-trade practices, particularly in partnerships with Amazonian communities. This aspect not only helps preserve the ecological balance but also enhances the market appeal to environmentally conscious consumers.

However, the market faces challenges such as the seasonal availability of Buriti Oil and the logistical complexities of sourcing from remote areas like the Amazon. These factors can lead to fluctuations in supply and potentially higher production costs. Despite these obstacles, the ongoing shift towards clean beauty and sustainable products is likely to continue driving the market’s growth, with Buriti Oil emerging as a key ingredient in various consumer products.

Key Takeaways

Creams dominated the market with a 36.8% share in 2023, driven by buriti oil’s moisturizing and anti-aging benefits.
Cosmetics and Personal Care captured 40.5% of the market in 2023 due to buriti oil’s antioxidant and moisturizing properties.
Offline Sales led with a 70.8% share in 2023, reflecting consumer preference for hands-on shopping in physical stores.
North America held a 38% market share in 2023, fueled by demand for natural and sustainably sourced buriti oil products in cosmetics.

Buriti Oil Statistics

Buriti Oil’s Tocopherol and Carotene Rich Composition Explained

Pressed buriti oil contained 800 mg/kg of total tocopherols, while supercritically extracted buriti oil contained 19,300 mg/kg of total tocopherols.
The ranges of the industrial samples’ acidity values, total carotene, and total tocopherol contents were 2.01 to 6.22%, 252 to 664 mg kg-1, and 580 to 1012 mg kg-1, respectively.
Although TAG makes up the majority of blended buriti oil (91.4%), significant amounts of partial acylglycerols (MAG and DAG) were also found (0.9 and 4.1%, respectively).
Buriti oil has a range of chemical and physical properties. The presence of b-carotene is what gives the hue its red and yellow units (60.0R + 9.00Y).
The peroxide value of the mixed buriti oil was 14.2 mequiv kg-1. Fresh oils often have peroxide levels of less than 10 mequiv kg-1.

Nutritional Benefits of Buriti Oil and Pulp Composition

It may be said that the buriti oil evaluated in this work has excellent oxidative stability because it was very stable against oxidation (18.3 h OSI).
With high-fat contents of 38.4% and 29.1% of dry matter, respectively, protein contents of 7.6% and 7.4% of DM, and dietary fiber contents of 46% and 44.7% of DM, buriti and patawa fruit pulps are extremely nutrient-dense.
Buriti pulp’s high vitamin E concentration (1169 µg.g-1 DM) makes it a nutritious diet.
The high dry matter (DM) content of buriti pulp (49.5%) is comparable to that of other Amazonian palm fruits, such as peach palm (53%).
Buriti and patawa pulps had respective carbohydrate contents of 26.2% and 46.1% of fresh weight (FW)

Buriti Oil: Antioxidant and Fatty Acid Content Insights

A significant amount of the pulp is made up of the total dietary fibers (TDF) fraction, which is 22.8% FW for buriti pulp and 29.7% FW for patawa pulp.
Fruits from palm trees may be regarded as a good source of fiber, and common tropical fruits contain 9–13% DM of TDF.
The pulp of patawa has a slight sweetness, and 16.4% of the fresh pulp is made up of carbohydrates.
Buriti has a comparatively high oil content (38.4% DM), comparable to palm oil, and common oleaginous crop seeds like sunflower (35%–45%) and canola (40%–45%).
Buriti and patawa pulp have protein concentrations of 7.6% and 7.4% of DM, respectively. These are comparable to the fruit’s seed composition and rather high for tropical fruit pulp.

Unique Features of Buriti Oil and Its Nutritional Value

For 100 g of fresh weight, the gross energy of the two pulps is high—1006 kJ for buriti and 1132 kJ for patawa.
Buriti and patawa oil, which make about 76% of total lipids, have a high content of oleic acid.
Buriti and patawa oil have modest concentrations of linoleic acid (18:2n-6), an important fatty acid with nutritional value, at 2.1% and 3.9%, respectively.
With 1169 µg.g-1 of dry matter, buriti has a very high tocopherol content.
Due to their high concentrations of saturated 90 wt% and unsaturated 80 wt% fatty acids linked to antioxidants such tocopherols and β-carotene, respectively.

Emerging Trends

Sustainability Focus: Buriti Oil is increasingly being sourced from sustainable, ethical practices, especially in Amazonian regions. As consumer demand for eco-friendly products grows, brands are prioritizing fair-trade partnerships, enhancing the oil’s market appeal and supporting local communities.
Growth in Clean Beauty: Buriti Oil is gaining popularity in the clean beauty movement. Consumers are seeking natural, chemical-free skincare products, and Buriti Oil’s high antioxidant and vitamin content makes it a key ingredient in formulations for anti-aging and skin rejuvenation.
Expansion into Wellness and Food: Beyond cosmetics, Buriti Oil is finding its way into wellness and food products. Its rich nutritional profile, including omega fatty acids and vitamins, makes it a valuable addition to health supplements, smoothies, and functional foods.
Rising Demand for Vegan Products: As the vegan beauty trend continues to grow, Buriti Oil is increasingly used in vegan formulations. Its plant-based origin and powerful skincare benefits make it an attractive choice for vegan cosmetics, hair care, and body care products.
Anti-Aging Treatments: Buriti Oil is becoming a key ingredient in anti-aging skincare. Its ability to boost collagen production and improve skin elasticity is driving its inclusion in premium skincare lines targeting mature skin, reducing fine lines, and wrinkles, and promoting youthful radiance.
Popularity in Sun Protection Products: Due to its high carotenoid content, Buriti Oil is being incorporated into sunscreens and sun-care products. It is appreciated for its potential to protect the skin from UV damage while providing nourishment and hydration.

Use Cases

Moisturizing Skincare: Buriti Oil is widely used in creams and lotions for its deep moisturizing properties. It helps hydrate dry skin, improve elasticity, and restore moisture balance, making it ideal for products targeting dry, aging, or sensitive skin.
Anti-Aging Products: Due to its high antioxidant content, including vitamins A and C, Buriti Oil is increasingly featured in anti-aging formulations. It helps reduce fine lines, and wrinkles and promotes a youthful glow by stimulating collagen production and protecting skin from environmental stressors.
Hair Care Solutions: Buriti Oil is a popular ingredient in hair masks and serums for its ability to nourish and hydrate hair. It helps repair damaged hair, restore shine, and prevent split ends, making it ideal for dry or chemically treated hair.
Sun Protection: Thanks to its natural UV-blocking properties, Buriti Oil is used in sun protection products like lotions and creams. It helps protect the skin from harmful UV rays while providing added hydration and nourishment during sun exposure.
Wound Healing and Scar Treatment: The oil’s healing properties make it effective for treating minor wounds, burns, and scars. It promotes faster skin regeneration, reduces inflammation, and helps minimize scarring, making it a common ingredient in healing balms and ointments.
Nutritional Supplements: Due to its rich nutrient profile, Buriti Oil is used in food and wellness supplements. It is included in smoothies, health bars, and capsules, offering benefits like improved skin health, enhanced immunity, and a healthy, glowing complexion from the inside out.

Major Challenges

Limited Availability: Buriti Oil is primarily sourced from remote regions of the Amazon rainforest, making it difficult to obtain in large quantities. Seasonal variations and logistical challenges in harvesting and transportation can result in supply shortages and price fluctuations.
High Production Costs: The extraction process of Buriti Oil is labor-intensive and requires sustainable harvesting practices. These factors contribute to higher production costs, which can make the oil more expensive compared to other natural oils, limiting its affordability for certain consumer segments.
Quality Control Issues: Ensuring consistent quality can be difficult due to the varying conditions of the growing regions. Differences in climate and soil can affect the quality of Buriti Oil, making it challenging for manufacturers to maintain uniform standards across batches.
Market Competition: The market for natural oils is highly competitive, with many alternatives like argan, coconut, and jojoba oils. Buriti Oil must differentiate itself by emphasizing its unique benefits, such as its high antioxidant content, to compete with more widely known oils.
Environmental Concerns: While Buriti Oil is promoted as an eco-friendly product, its popularity could potentially lead to overharvesting if sustainable practices are not strictly followed. Ensuring that the demand does not outpace the supply of sustainably sourced oil is crucial to maintaining its environmental integrity.
Consumer Awareness: Despite its growing popularity, Buriti Oil is still relatively unknown compared to other natural oils. Educating consumers about its benefits, uses, and sustainability is essential for expanding its market and overcoming the initial hesitation in adopting new products.

Market Growth Opportunities

Expansion in Clean Beauty: The growing trend of clean beauty products presents a significant opportunity for Buriti Oil. With its natural, plant-based properties, it can be marketed as a key ingredient in eco-friendly, chemical-free skincare, haircare, and personal care products, attracting health-conscious consumers.
Rising Demand for Sustainable Products: Consumers are increasingly seeking sustainable and ethically sourced products. Buriti Oil, with its eco-friendly and fair-trade harvesting practices, aligns well with this demand, positioning it as a preferred choice for environmentally-conscious consumers in the beauty, wellness, and food sectors.
Entry into Food and Nutraceuticals: Buriti Oil’s rich nutritional profile makes it an ideal ingredient for the wellness and food industry. As demand for functional foods and supplements rises, there is potential for Buriti Oil to be incorporated into health supplements, superfoods, and vitamin-enriched products for skin and immune support.
Anti-Aging Market Growth: With its proven ability to improve skin elasticity and fight oxidative stress, Buriti Oil offers significant opportunities in the fast-growing anti-aging market. By targeting products that reduce wrinkles, and fine lines, and promote skin rejuvenation, brands can tap into the lucrative beauty and skincare sector.
Expansion in Emerging Markets: Buriti Oil is gaining popularity in markets outside its traditional regions, particularly in North America and Europe. As awareness about its benefits grows, expanding its availability in emerging markets, where consumers are becoming more interested in natural and organic beauty solutions, presents substantial growth potential.
Collaborations with Eco-Friendly Brands: Partnering with eco-conscious and vegan brands provides Buriti Oil with an opportunity to reach a larger audience. Brands focusing on natural, sustainable, and vegan beauty products can leverage Buriti Oil as a key ingredient to enhance their product offerings and appeal to a growing market segment.
Innovations in Personal Care Products: There is room for innovation in product development using Buriti Oil, such as in sun protection, skin healing, and hydration. With more research into new applications, Buriti Oil could find its way into new niches like specialized skincare treatments, facial serums, and even SPF products.

Key Players Analysis

AMARUMAYU LLC specializes in sustainable sourcing of Buriti Oil from the Amazon. They focus on providing high-quality, ethically harvested oils, promoting environmental conservation, and supporting local communities. The company is known for its commitment to fair-trade practices and eco-friendly production.
Beraca Natural Ingredients SA is a leading supplier of natural ingredients, including Buriti Oil, for the cosmetics and personal care industries. They are known for their focus on sustainable sourcing from the Amazon, ensuring high-quality oil that is rich in nutrients and antioxidants for skin and hair care applications.
Biocosmethic offers a range of natural oils, including Buriti Oil, which is widely used in skincare formulations. Their products are known for enhancing the natural beauty of skin with deep hydration and anti-aging properties, focusing on eco-conscious consumers seeking high-performance, plant-based ingredients.
BioOrganic Concepts is committed to organic and natural ingredients, and Buriti Oil is no exception. Known for its high vitamin content and skin-healing properties, the company serves the beauty industry, providing premium ingredients for anti-aging and hydrating skin products.
Botanical Beauty focuses on providing plant-based ingredients for the cosmetic industry, with Buriti Oil as one of their key offerings. They emphasize the oil’s rich antioxidant and moisturizing properties, making it ideal for skin care, hair care, and wellness products.
Chemyunion supplies Buriti Oil as part of its portfolio of natural ingredients aimed at the personal care market. The company is recognized for its focus on sustainability and high-quality formulations, providing Buriti Oil for use in skincare and anti-aging products.
Citróleo Group is a prominent supplier of essential oils and natural ingredients, including Buriti Oil. They offer a wide range of plant-based ingredients, catering to the cosmetic and personal care sectors, with a focus on sustainability and quality assurance in oil production.
Croda International Plc is a global leader in innovative natural ingredients, offering Buriti Oil in their cosmetic and personal care lines. The company focuses on ethical sourcing and environmental responsibility, leveraging Buriti Oil’s skin-nourishing properties for a variety of beauty products.
Earth Science Beauty uses Buriti Oil in its skincare products for its anti-aging and moisturizing benefits. The company focuses on creating eco-friendly, cruelty-free products, with Buriti Oil being a key ingredient for enhancing skin health and radiance.
Earthrhythm uses Buriti Oil in its sustainable, natural beauty products, focusing on providing deep hydration and skin rejuvenation. Known for their eco-conscious practices, Earthrhythm incorporates Buriti Oil into their formulations aimed at promoting healthy, youthful skin.
Green People is a well-known organic beauty brand that incorporates Buriti Oil into their range of skincare products. They emphasize using sustainable, plant-based ingredients to create products that are gentle on the skin and the environment.
Jarchem Industries Inc. offers Buriti Oil as part of its portfolio of natural ingredients for personal care and cosmetics. Known for their commitment to eco-friendly sourcing and high-quality ingredients, they provide Buriti Oil for use in skin care, anti-aging, and moisturizing products.
Jedwards International, Inc. is a supplier of bulk oils, including Buriti Oil, primarily for the cosmetic, personal care, and wellness industries. The company focuses on sourcing high-quality, sustainable oils, catering to brands seeking natural ingredients for their formulations.
Natural Sourcing, LLC offers Buriti Oil as part of its broad range of natural ingredients. They are known for their commitment to providing high-quality, sustainably sourced oils to the beauty and wellness industries, ensuring both ethical practices and superior product quality.
SMA Collaboratives LLC offers Buriti Oil among other natural oils to the cosmetic and skincare industries. They emphasize eco-friendly sourcing and high-quality formulations, helping brands create effective, sustainable products with Buriti Oil as a key ingredient.
Sweet Essential supplies Buriti Oil as a part of their range of essential oils and natural ingredients. Their focus is on offering sustainable, ethically sourced products for skincare and wellness, with Buriti Oil being used in treatments that promote healthy, glowing skin.
Teadora uses Buriti Oil in its luxury skincare products, highlighting its hydrating, nourishing, and anti-aging properties. The brand focuses on eco-conscious formulations that are rich in natural ingredients, offering a premium experience for customers seeking natural beauty solutions.
TEADORA, a sustainable beauty brand, incorporates Buriti Oil into its range of personal care products. The brand emphasizes the oil’s high nutrient content for skin and hair nourishment while focusing on sustainability, vegan formulations, and ethical practices.
Vigon International, Inc. supplies Buriti Oil to the fragrance and personal care industries. The company focuses on providing natural and high-quality ingredients for skincare and haircare, with Buriti Oil known for its skin-enhancing and antioxidant-rich properties.

Conclusion

In conclusion, Buriti Oil presents a promising opportunity in the global market, driven by increasing consumer demand for natural, sustainable, and effective skincare solutions. Its rich nutrient profile, including high levels of antioxidants, vitamins, and essential fatty acids, makes it an attractive ingredient for a variety of products, including moisturizers, anti-aging creams, and hair care solutions. As trends toward clean beauty, sustainability, and vegan products continue to rise, Buriti Oil is well-positioned to capitalize on these shifts.

However, challenges such as limited availability, high production costs, and market competition must be addressed for it to realize its full growth potential. By focusing on sustainable sourcing, innovative product development, and expanding market reach, Buriti Oil can continue to grow as a valuable ingredient in both the beauty and wellness industries.