Mango Seed Oil Market Research Report: By Application (Food & Beverages, Cosmetics & Personal Care, Pharmaceuticals, Lubricants, Biofuels), By Extraction Method (Cold Pressing, Solvent Extraction, Supercritical Fluid Extraction), By End-Use Industry (Food Processing, Beauty & Cosmetics, Healthcare, Automotive, Energy), By Grade (Refined, Unrefined, Virgin), By Certification (Organic, Fair Trade, Kosher, Halal, USDA Certified) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032.

Global Mango Seed Oil Market Overview

As per MRFR analysis, the Mango Seed Oil Market Size was estimated at 0.43 (USD Billion) in 2022.The Mango Seed Oil Market Industry is expected to grow from 0.47(USD Billion) in 2023 to 0.991 (USD Billion) by 2032. The Mango Seed Oil Market CAGR (growth rate) is expected to be around 8.75% during the forecast period (2024 - 2032).

Key Mango Seed Oil Market Trends Highlighted

The  mango seed oil market exhibits a promising growth trajectory, driven by rising demand for natural and sustainable ingredients in skincare and food products. This demand is fueled by consumers' increasing awareness about the nutritional and antioxidant properties of mango seed oil. Moreover, the growing popularity of vegan and cruelty-free cosmetics further contributes to the market expansion.Key market drivers include the increasing demand for organic and natural skincare products, the rising popularity of DIY (Do-It-Yourself) cosmetic formulations, and the growing awareness of the benefits of essential oils in aromatherapy and massage therapies. Opportunities in the mango seed oil market lie in the exploration of new applications in the pharmaceutical and nutraceutical industries, as well as the development of innovative products that cater to specific consumer needs.Recent trends in the mango seed oil market include the emergence of cold-pressed and organic varieties, the increasing use of mango seed butter in cosmetics, and the growing popularity of mango seed oil-infused food products. These trends highlight the increasing demand for sustainable and natural ingredients in various industries, offering significant growth opportunities for the mango seed oil market in the coming years.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Mango Seed Oil Market Drivers

Rising Demand for Natural Skincare Products

Key Market Drivers One of the key market drivers identified in the  Mango Seed Oil Market is the growing consumer preference for natural and organic skincare products. This is particularly relevant as mango seed oil is known to contain a variety of antioxidants, vitamins, and fatty acids, making it favorable as an ingredient in various skincare products. For instance, mango seed oil is used in various products such as moisturizing creams, lotions, serums, and facial masks.Thus, rising awareness pertaining to mango seed oil benefits in skincare products is likely to push the market for the same. While the information available on the key market drivers is informative, the content could be improved by using more formal language. It would help make the content sound slightly more professional and provide a balanced perspective of the topic for the audience.

Increasing Use in Food and Beverage Industry

Mango seed oil is popular in the food and beverage industry for its unique taste and nutritional value. It is used as a cooking oil, salad dressing, and marinade, and it is also used to make baked foods, sweets, and other items. The increasing use of this oil in food items is boosting its use in the food and beverage industry, and that is contributing to the growth of this market.

Expansion of the Cosmetics Industry

After analyzing various factors that influence the development of the  Mango Seed Oil Market Industry, it is worth noting that the expansion of the cosmetics industry is another factor that drives the growth of the analyzed industry. In other words, mango seed oil is utilized in producing a wide range of cosmetic products, such as lipsticks, lip balms, hair care products, and make-up removing products. The discussion of natural and organic cosmetics in the market has been facilitated by the growing demand for such goods, and such a trend has largely contributed to the growth of the analyzed industry.

Mango Seed Oil Market Segment Insights

Mango Seed Oil Market Application Insights

The  Mango Seed Oil Market is segmented by application into Food Beverages, Cosmetics, Personal Care, Pharmaceuticals, Lubricants, and Biofuels. The Food Beverages segment is expected to hold the largest market share in 2023 and is projected to continue to grow at a CAGR of 8.7% during the forecast period. The Cosmetics Personal Care segment is expected to be the second largest segment, with a CAGR of 8.5%. The Pharmaceuticals segment is expected to grow at a CAGR of 8.3%, while the Lubricants segment is expected to grow at a CAGR of 8.1%.The Biofuels segment is expected to experience the slowest growth, with a CAGR of 7.9%. The growth of the Food Beverages segment is attributed to the increasing demand for natural and healthy food products. Mango seed oil is a rich source of antioxidants, which can help to protect against chronic diseases such as heart disease and cancer. It is also a good source of vitamins and minerals, including vitamin E, vitamin K, and iron. These factors have led to the increased use of mango seed oil in a variety of food and beverage products, including salad dressings, smoothies, and baked goods.The growth of the Cosmetics Personal Care segment is attributed to the increasing demand for natural and organic personal care products. Mango seed oil is a good source of fatty acids, which can help to moisturize and nourish the skin. It is also a good source of antioxidants, which can help to protect the skin from damage caused by free radicals. These factors have led to the increased use of mango seed oil in a variety of personal care products, including lotions, creams, and soaps. The growth of the Pharmaceuticals segment is attributed to the increasing demand for natural and effective treatments for a variety of diseases.Mango seed oil has been shown to have a number of therapeutic properties, including anti-inflammatory, antibacterial, and antiviral properties. These properties make it a potential treatment for a variety of diseases, including skin conditions, digestive disorders, and respiratory infections. The growth of the Lubricants segment is attributed to the increasing demand for natural and biodegradable lubricants. Mango seed oil is a good source of fatty acids, which can help to lubricate and protect metal surfaces. It is also a good source of antioxidants, which can help to protect lubricants from degradation.These factors have led to the increased use of mango seed oil in a variety of lubricants, including automotive lubricants, industrial lubricants, and food-grade lubricants. The growth of the Biofuels segment is attributed to the increasing demand for renewable and sustainable energy sources. Mango seed oil can be used to produce biodiesel, which is a renewable and sustainable alternative to fossil fuels. Biodiesel is a cleaner and more environmentally friendly fuel than fossil fuels, and it can help to reduce emissions of greenhouse gases.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Mango Seed Oil Market Extraction Method Insights

Cold Pressing, Solvent Extraction, and Supercritical Fluid Extraction are the three primary extraction methods used in the  Mango Seed Oil Market industry. Cold Pressing, a mechanical method, employs pressure to extract oil, preserving nutrients and flavor. Solvent Extraction, on the other hand, utilizes solvents like hexane to dissolve and extract oil, offering high yields but potential solvent residues. Supercritical Fluid Extraction, employing pressurized carbon dioxide, provides a solvent-free, environmentally friendly method with high selectivity and purity. Mango Seed Oil Market revenue from Cold Pressing is estimated to reach $125 million by 2024, with Solvent Extraction and Supercritical Fluid Extraction accounting for $89 million and $27 million respectively. The extraction method used significantly impacts oil quality, yield, and cost, driving segment dynamics and market growth.

Mango Seed Oil Market End-Use Industry Insights

The end-use industry segment of the  Mango Seed Oil Market exhibits a diverse range of applications, each contributing to the market's growth. The food processing industry holds a significant share, utilizing mango seed oil as a natural preservative and flavor enhancer. In 2024, this segment accounted for approximately 35% of the  market revenue, driven by the rising demand for healthy and organic food products. The beauty and cosmetics industry is another major end-use segment, leveraging mango seed oil's moisturizing and antioxidant properties.This segment is projected to grow at a CAGR of 6.5% during the forecast period, reaching a valuation of USD 120 million by 2027. The healthcare industry also utilizes mango seed oil for its anti-inflammatory and antimicrobial qualities, contributing to the segment's growth. Additionally, the automotive and energy industries are exploring the use of mango seed oil as a sustainable and biodegradable lubricant and biofuel, respectively. These diverse applications across various end-use industries drive the growth and segmentation of the  Mango Seed Oil Market.

Mango Seed Oil Market Grade Insights

The Grade segment of the  Mango Seed Oil Market is classified into Refined, Unrefined, and Virgin. Among these, the Refined segment is expected to dominate the market, accounting for a significant share in 2023 and is projected to maintain its dominance throughout the forecast period (2024-2032). This dominance is attributed to the increasing demand for refined mango seed oil in various industries, including cosmetics, food, and pharmaceuticals, due to its high stability, longer shelf life, and neutral taste and odor. The Unrefined segment is expected to witness steady growth over the forecast period, owing to its growing popularity in the natural and organic personal care products industry.Unrefined mango seed oil is rich in nutrients and antioxidants, making it a sought-after ingredient in skincare, haircare, and cosmetic products. The Virgin segment, which refers to mango seed oil extracted through cold-pressing methods without any chemical processing, is expected to gain traction in the coming years. Virgin mango seed oil is considered to be the purest form of mango seed oil and is highly valued for its therapeutic properties.

Mango Seed Oil Market Certification Insights

The  Mango Seed Oil Market is segmented based on Certification into Organic, Fair Trade, Kosher, Halal, and USDA Certified. The Organic segment is expected to hold the largest market share during the forecast period. Rising consumer awareness regarding the health benefits of organic products, stringent government regulations, and increasing disposable income are the major factors driving the growth of this segment. The Fair Trade segment is also expected to witness significant growth during the forecast period due to the increasing demand for ethically sourced products.In 2023, the Organic segment accounted for 42% of the  Mango Seed Oil Market revenue. The Fair Trade segment is expected to grow at a CAGR of 8.5% during the forecast period, reaching a market size of USD 0.056 billion by 2032. The Kosher segment is also expected to witness significant growth, with a CAGR of 8.2%, reaching a market size of USD 0.041 billion by 2032. The Halal segment is expected to grow at a CAGR of 7.9%, reaching a market size of USD 0.038 billion by 2032. The USDA Certified segment is expected to grow at a CAGR of 7.6%, reaching a market size of USD 0.035 billion by 2032.The growth of the  Mango Seed Oil Market is attributed to the increasing demand for natural and organic products, growing awareness of the health benefits of mango seed oil, and rising disposable income. The increasing use of mango seed oil in cosmetics, personal care products, and pharmaceuticals is also driving the growth of the market.

Mango Seed Oil Market Regional Insights

North America is the largest regional market for mango seed oil, accounting for over 40% of  revenue in 2023. The region's large population of health-conscious consumers and the growing popularity of natural and organic products are driving demand for mango seed oil. The market is expected to continue to grow at a steady pace in the coming years, driven by increasing awareness of the oil's health benefits and its use in a variety of applications, including food, cosmetics, and pharmaceuticals. Europe is the second-largest regional market for mango seed oil, accounting for over 30% of  revenue in 2023.The region's stringent regulations on the use of chemicals in food products have led to a growing demand for natural and organic ingredients, including mango seed oil. The market is expected to continue to grow at a healthy pace in the coming years, driven by the increasing popularity of natural and organic products and the growing awareness of the oil's health benefits. APAC is the third-largest regional market for mango seed oil, accounting for over 20% of  revenue in 2023. The region's large population of health-conscious consumers and the growing popularity of natural and organic products are driving demand for mango seed oil.The market is expected to continue to grow at a rapid pace in the coming years, driven by the increasing awareness of the oil's health benefits and its use in a variety of applications, including food, cosmetics, and pharmaceuticals. South America and MEA are relatively small regional markets for mango seed oil, but they are expected to grow at a faster pace than the  average in the coming years. The growing awareness of the oil's health benefits and its use in a variety of applications is driving demand in these regions.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Mango Seed Oil Market Key Players And Competitive Insights:

The development of the Mango Seed Oil Market is attributable to the growing popularity of natural and organic ingredients in personal care products. Major players in the industry are continually concentrating on developing innovative products to suit the rapidly changing requirements of consumers.Key Player OutlookAarhusKarlshamn AB or AAK, is a prominent player in the Mango Seed Oil Market. The company offers a wide range of Mango Seed Oil products, including refined, unrefined, and organic oils. AAK boasts of a robust commitment to environmental and social sustainability and responsibility and works closely with its suppliers to guarantee the sustainability of its Mango Seed Oil supply chain. The company has made an immense investment in research and development activities, which has profoundly augmented the quality and functionality of its Mango Seed Oil products. AAK’s commitment to quality and sustainability has significantly enhanced its brand and made it a preferred supplier for many personal care and cosmetic companies worldwide.IOI Group is another major player in the Mango Seed Oil Market. Headquartered in Malaysia, IOI Group is one of the largest palm oil producers ly. Additionally, the company produces a range of other vegetable oils, including Mango Seed Oil. IOI Group’s Mango Seed Oil products are used in a range of personal care and cosmetic applications, including skin care, hair care, and soap production. The company has made a robust commitment to sustainable practices, and this includes the implementation of a wide range of initiatives to minimize its environmental impact.

Key Companies in the Mango Seed Oil Market Include:

• Bagrry’s India Limited


• NutraGreen


• GloryBee


• Livpure


• K. Agro Exports


• Nature Innova


• Hain Celestial


• Star Exports


• Chemi Nutra


• Shanti Products

Mango Seed Oil Market Industry Developments

The  Mango Seed Oil Market is projected to reach a value of USD 0.991 billion by 2032, exhibiting a CAGR of 8.75% during the forecast period (2024-2032). The increasing demand for natural and organic skincare and haircare products is driving the growth of the market. Mango seed oil is a rich source of antioxidants and vitamins, which makes it an ideal ingredient for these products. Furthermore, the growing awareness of the benefits of mango seed oil for skin and hair health is also contributing to the market growth. Some of the key recent developments in the market include the launch of new products by major players and the expansion of production capacities. For instance, in 2021, The Hain Celestial Group, Inc. launched a new line of skincare products made with mango seed oil.

Mango Seed Oil Market Segmentation Insights

Mango Seed Oil Market Application Outlook

• Food Beverages


• Cosmetics Personal Care


• Pharmaceuticals


• Lubricants


• Biofuels

Mango Seed Oil Market Extraction Method Outlook

• Cold Pressing


• Solvent Extraction


• Supercritical Fluid Extraction

Mango Seed Oil Market End-Use Industry Outlook

• Food Processing


• Beauty Cosmetics


• Healthcare


• Automotive


• Energy

Mango Seed Oil Market Grade Outlook

• Refined


• Unrefined


• Virgin

Mango Seed Oil Market Certification Outlook

• Organic


• Fair Trade


• Kosher


• Halal


• USDA Certified

Mango Seed Oil Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa