Borage Oil Market
By Product Type;
Cold-Pressed Borage Oil and Heat-Infused Borage OilBy Application;
Pharmaceuticals, Cosmetics and Food & BeveragesBy Distribution Channel;
Online and OfflineBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Borage Oil Market Overview
Borage Oil Market (USD Million)
Borage Oil Market was valued at USD 3,935.74 million in the year 2024. The size of this market is expected to increase to USD 5,284.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.3%.
Borage Oil Market
*Market size in USD million
CAGR 4.3 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 4.3 % |
| Market Size (2024) | USD 3,935.74 Million |
| Market Size (2031) | USD 5,284.65 Million |
| Market Concentration | High |
| Report Pages | 374 |
Major Players
- AOS Products Private Limited
- Aromex Industry
- Connoils LLC
- Desert Whale Jojoba Company
- Icelandirect Inc
- K.K. Enterprise
- Parchem Fine & Specialty Chemicals
- Premium Crops Ltd
- William Hodgson & Co
- Avestia Pharma
- Nordic naturals
- Oilseed Extractions
- Soyatech International Pvt. Ltd
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Borage Oil Market
Fragmented - Highly competitive market without dominant players
Borage Oil Market is gaining steady traction due to the growing use of plant-based nutraceuticals. Borage oil, rich in gamma-linolenic acid (GLA), is increasingly featured in wellness supplements aimed at supporting inflammation reduction and cardiovascular health. Currently, over 40% of anti-inflammatory supplements include GLA, reflecting a rising reliance on natural ingredients in health formulations.
Adoption in Personal Care and Skincare Routines
The shift toward natural beauty solutions is contributing to rising use of borage oil in skincare. Known for enhancing skin hydration and reducing irritation, borage oil now features in more than 35% of formulations for anti-aging and sensitive skin care. As the demand for clean-label and botanical cosmetics grows, this trend is expected to reinforce its importance in the cosmetic space.
Pharmaceutical Interest in Natural Actives
Pharmaceutical industries are gradually incorporating borage oil in therapeutic development, especially for its anti-inflammatory properties. Currently, nearly 25% of drug studies centered on GLA include borage oil as a primary ingredient. This reflects a growing clinical inclination toward natural bioactive compounds in modern treatment strategies.
Growth Aligned with Sustainability Trends
Consumer preference for organic and sustainable oils has become a defining trend in the market. With more than 50% of health-conscious buyers opting for organic products, borage oil extracted through cold-pressing and ethical sourcing methods is increasingly favored. This aligns with the industry's move toward transparency, eco-friendliness, and product traceability.
Borage Oil Market Key Takeaways
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Growing consumer preference for plant-based nutritional oils is boosting demand for borage oil, driven by its high gamma-linolenic acid content that supports skin health, inflammation management and hormonal balance.
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Rising adoption of cosmeceutical formulations is expanding the market as beauty and skincare brands increasingly use borage oil in serums and creams for moisture retention and barrier repair.
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Food and supplement manufacturers are incorporating GLA-rich oils into functional nutrition products, strengthening the market’s position within the broader wellness and dietary supplement category.
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Supply chain stability depends on consistent cultivation of borage seeds and quality extraction processes, prompting producers to invest in advanced cold-pressing and purification methods.
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Increasing interest in natural anti-inflammatory remedies is elevating the clinical relevance of borage oil, especially in joint support and immune wellness applications.
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Market competition is shifting toward premium, certified organic and ethically sourced variants, reflecting heightened demand for clean-label and sustainable botanical ingredients.
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Brand differentiation increasingly relies on transparency, with companies emphasizing purity testing, low oxidation levels and standardized GLA concentrations to strengthen consumer trust.
Borage Oil Market Recent Developments
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In May 2025, Bioriginal Food & Science Corp. introduced a breakthrough non‑GMO, high‑GLA cold‑pressed borage oil containing 25% GLA—now the highest-potency, non‑GMO variant on the market, targeting human and pet health applications.
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In 2023, USANA launched the Celavive Postbiotic Barrier Balm, a new addition to their skincare line that features borage oil as a key ingredient. This product is designed to enhance skin health by leveraging the anti-inflammatory and moisturizing properties of borage oil, which is rich in GLA.
Borage Oil Market Segment Analysis
In this report, Borage Oil Market has been segmented by Product Type, Application, Distribution Channel and Geography. The segmentation reflects strategic variations in extraction technology, functional use, and regional consumer demand shaping the industry’s overall performance.
Borage Oil Market, Segmentation by Product Type
The Product Type segmentation highlights the influence of extraction processes on product quality and pricing dynamics. The market is majorly divided between Cold-Pressed Borage Oil and Heat-Infused Borage Oil. The former dominates premium applications owing to higher gamma-linolenic acid (GLA) concentration, while the latter is gaining traction in cost-sensitive sectors where scalability and processing efficiency are key.
Cold-Pressed Borage Oil
Cold-pressed borage oil retains high GLA purity and nutritional integrity, positioning it strongly in cosmetics and nutraceuticals. Growth is driven by the clean-label movement and consumer preference for chemical-free extraction. This segment accounts for nearly 60 % of market revenue, with manufacturers emphasizing sustainable sourcing and certified organic production.
Heat-Infused Borage Oil
Heat-infused borage oil offers competitive pricing advantages for mass-market formulations in food & beverages and pharmaceutical applications. Though lower in GLA content, it remains attractive for bulk procurement. Continuous investment in refinement technology has improved quality perception, leading to steady growth around 4 % annually.
Borage Oil Market, Segmentation by Application
The Application segmentation underlines the diverse utility of borage oil across multiple sectors including pharmaceuticals, cosmetics, and food & beverages. Rising awareness of anti-inflammatory properties and skin-health benefits is accelerating integration into both topical and ingestible product categories.
Pharmaceuticals
Pharmaceutical applications are expanding steadily, leveraging borage oil’s therapeutic potential in rheumatoid arthritis, hormonal imbalance, and dermatological treatments. Formulators emphasize the oil’s ability to support cell regeneration and reduce inflammation, helping this segment capture nearly 25 % of total demand.
Cosmetics
Cosmetic applications lead the market, accounting for close to 45 % of usage. The rising demand for anti-aging formulations and skin-barrier repair products is driving incorporation of borage oil in serums, lotions, and hair treatments. Growth of the organic skincare segment at approximately 7 % annually continues to reinforce its position.
Food & Beverages
Food & beverages represent an emerging yet promising area, growing around 6 % per year. Borage oil is increasingly used in functional foods and dietary supplements for its omega-6 fatty acid profile. Rising consumer focus on plant-based nutrition and heart-health products supports this segment’s outlook.
Borage Oil Market, Segmentation by Distribution Channel
The Distribution Channel segmentation outlines the balance between digital commerce expansion and traditional retail. While online sales are rapidly gaining ground through e-commerce platforms and D2C brands, offline outlets remain critical for tactile engagement and product credibility among mature consumers.
Online
Online channels account for roughly 55 % of total sales, supported by the global shift toward e-commerce wellness platforms. Companies employ subscription models, influencer marketing, and educational campaigns to increase customer retention. This segment grows faster than offline sales, with an annual rate above 8 %.
Offline
Offline distribution continues to serve core markets such as pharmacies, supermarkets, and specialty health stores. The segment remains crucial for product trials and brand trust, especially among older demographics. Strategic retail tie-ups and in-store promotions help maintain steady volume flow despite digital disruption.
Borage Oil Market, Segmentation by Geography
In this report, Borage Oil Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America dominates the global landscape with nearly 32 % market share, driven by high demand for plant-based wellness products and clean-label nutraceuticals. The U.S. and Canada serve as innovation hubs for GLA extraction and premium skincare brands using borage oil as a core ingredient.
Europe
Europe represents about 27 % of global consumption. The region’s focus on natural cosmetics and sustainably sourced oils supports consistent demand. Countries such as Germany, France, and the UK are at the forefront of organic certification programs for borage oil suppliers.
Asia Pacific
Asia Pacific is the fastest-growing region, expanding at an annual rate exceeding 8 %. Increasing awareness of nutritional supplements, expanding e-commerce infrastructure, and a rising middle-income population are creating strong opportunities for manufacturers targeting beauty-from-within product formulations.
Middle East & Africa
Middle East & Africa collectively hold around 6 % of global market revenue. Market growth is influenced by expanding retail pharmacy networks and growing wellness tourism. Import dependence remains high, but emerging domestic refiners are enhancing regional competitiveness.
Latin America
Latin America contributes nearly 8 % of overall consumption, with Brazil and Mexico emerging as key demand centers. Increasing awareness of omega-6-rich oils and expanding health supplement distribution are fueling long-term growth prospects.
Borage Oil Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Borage Oil Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing Consumer Awareness
- Rising Demand in Cosmetics Industry
- Expanding Application in Pharmaceuticals
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Growing Preference for Natural Remedies - The expansion of organic and natural food markets is a major factor propelling the growth of the Borage Oil market. Consumers are increasingly seeking products that are natural, chemical-free, and sustainably sourced, which makes borage oil an attractive ingredient due to its rich gamma-linolenic acid (GLA) content and well-documented health benefits. This rising demand is not only driving its use as a dietary supplement but also encouraging its inclusion in a wide range of organic food products.
Manufacturers and retailers are quickly adapting to this trend by developing and offering certified organic borage oil products across multiple platforms, including health food stores and online channels. The assurance of purity and quality provided by certification increases consumer confidence and broadens the product's reach, particularly in health-conscious and emerging markets.
The shift towards clean-label and functional foods also supports this growth, as consumers look for natural ingredients with added wellness benefits. Borage oil’s reputation for supporting skin health and reducing inflammation aligns perfectly with the preferences of those seeking holistic health through diet, driving further interest and sales.The global trend towards consuming organic and natural foods creates a fertile environment for the development, adoption, and market penetration of borage oil products, fueling ongoing expansion.
Restraints:
- High production costs limiting availability
- Variability in raw material quality
- Lack of standardized regulations
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Limited consumer awareness in some regions - Limited consumer awareness in several regions poses a significant challenge for the Borage Oil market. Despite the well-established health advantages of borage oil, many potential consumers remain unfamiliar with its uses and benefits, which slows adoption and reduces market growth, especially in developing countries and areas where natural supplements are not yet mainstream.
This lack of knowledge often leads to hesitation or reluctance to try borage oil products. Additionally, misconceptions about quality, sourcing, and efficacy can further discourage consumers from purchasing these oils. The absence of targeted marketing and educational campaigns in these regions only compounds the problem, limiting borage oil’s potential reach.
Producers and retailers find it difficult to expand in markets with low awareness, as consumer engagement is minimal. Overcoming this barrier requires focused efforts such as consumer education, healthcare professional collaborations, and region-specific marketing strategies to communicate the unique benefits and safety of borage oil.
Until awareness improves and consumer understanding deepens, this limitation will continue to restrain the broader acceptance and growth of borage oil products in many markets worldwide.
Opportunities:
- Development of innovative borage oil products
- Growth in pharmaceutical and cosmetic applications
- Expansion in emerging health-conscious markets
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Rising research on health benefits of borage oil - The growing body of scientific research on borage oil’s health benefits creates significant growth opportunities for the market. As studies increasingly validate its anti-inflammatory properties, skin health support, and potential in managing chronic diseases, consumer and healthcare professional confidence in borage oil products is rising.
This surge in research enables companies to innovate and launch targeted supplements, cosmetics, and functional foods that harness these proven benefits. Products backed by scientific evidence attract a more discerning and health-conscious consumer base, helping expand market demand.
Ongoing clinical trials and academic interest also pave the way for enhanced regulatory approvals and endorsements, which can open new markets and distribution channels. Pharmaceutical and cosmetic sectors are especially interested in incorporating borage oil into formulations validated by research, adding credibility and value to these products.
Borage Oil Market Competitive Landscape Analysis
Borage Oil Market is witnessing rising competition as producers adopt strategies including partnerships, collaboration, and targeted mergers to enhance their nutritional and pharmaceutical portfolios. The sector is showing consistent growth, supported by increasing use in dietary supplements, cosmetics, and therapeutic formulations. Nearly 60% of production is controlled by leading firms, influencing supply and product innovation worldwide.
Market Structure and Concentration
The market exhibits a moderately consolidated structure, with more than 55% of revenues generated by major players. Strong partnerships with nutraceutical companies and cosmetic brands reinforce market leadership. Regional expansion initiatives and collaboration with healthcare providers continue to sustain competitive positioning and ensure steady growth.
Brand and Channel Strategies
Manufacturers adopt diversified strategies including direct sales, retail distribution, and e-commerce platforms, which together account for nearly 44% of distribution. Strong partnerships with pharmacies and wellness brands enhance adoption. Cross-border collaboration and brand promotion initiatives further improve visibility, driving consistent growth across global consumer markets.
Innovation Drivers and Technological Advancements
Over 63% of producers emphasize innovation in refining processes, extraction methods, and eco-friendly formulations. Key technological advancements include cold-pressing techniques, higher yield efficiency, and improved stability of gamma-linolenic acid (GLA). Continuous R&D and collaboration with food and pharma sectors are vital in ensuring product quality and long-term growth.
Regional Momentum and Expansion
Europe accounts for nearly 45% of global demand, supported by widespread supplement adoption and technological advancements in refining. North America contributes around 30%, focusing on therapeutic and cosmetic uses, while Asia-Pacific demonstrates rapid expansion due to growing consumer awareness. Regional strategies include supply chain partnerships and local processing to maintain strong growth.
Future Outlook
The future outlook indicates that more than 57% of firms will prioritize organic certifications, eco-friendly packaging, and diversified formulations. Rising collaboration with nutraceutical and cosmetic industries, coupled with continuous innovation in extraction and stabilization, will accelerate expansion. These initiatives are expected to ensure resilient growth across global wellness and therapeutic markets.
Key players in Borage Oil Market include:
- AOS Products Pvt. Ltd.
- ConnOils By Kraft
- Icelandirect, LLC
- K.K. Enterprise
- Parchem Fine & Specialty Chemicals
- William Hodgson & Co
- Avestia Pharma
- Nordic Naturals
- Soyatech International
- Nature’s Way Products LLC
- Croda International Plc
- Premium Crops Ltd
- Oilseed Extraction Limited
- USANA Health Sciences Inc.
- Naturals Blends
In this report, the profile of each market player provides following information:
- Market Share Analysis
- 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 Product Type
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Borage Oil Market Forces
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Consumer Awareness
- Rising Demand in Cosmetics Industry
- Expanding Application in Pharmaceuticals
- Growing Preference for Natural Remedies
- Restraints
- High production costs limiting availability
- Variability in raw material quality
- Lack of standardized regulations
- Limited consumer awareness in some regions
- Opportunities
- Development of innovative borage oil products
- Growth in pharmaceutical and cosmetic applications
- Expansion in emerging health-conscious markets
- Rising research on health benefits of borage oil
- 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
- Borage Oil Market, By Product Type, 2021 - 2031 (USD Million)
- Cold-Pressed Borage Oil
- Heat-Infused Borage Oil
- Borage Oil Market, By Application, 2021 - 2031 (USD Million)
- Pharmaceuticals
- Cosmetics
- Food & Beverages
- Borage Oil Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Online
- Offline
- Borage 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
- North America
- Borage Oil Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- AOS Products Pvt. Ltd.
- ConnOils By Kraft
- Icelandirect, LLC
- K.K. Enterprise
- Parchem Fine & Specialty Chemicals
- William Hodgson & Co
- Avestia Pharma
- Nordic Naturals
- Soyatech International
- Nature’s Way Products LLC
- Croda International Plc
- Premium Crops Ltd
- Oilseed Extraction Limited
- USANA Health Sciences Inc.
- Naturals Blends
- Company Profiles
- Analyst Views
- Future Outlook of the Market

