Borage Oil Market - Global Forecast 2025-2032

Senior executives across the health, wellness, and specialty sectors are increasingly recognizing the strategic value of borage oil. As interest grows in high-purity botanical ingredients, the borage oil market is carving out a distinct space based on compositional integrity, versatile end uses, and robust compliance with regulatory benchmarks.

Market Snapshot: Borage Oil Market Size and Growth Dynamics

The borage oil market is undergoing strong expansion, progressing from USD 50.16 million in 2024 to USD 53.08 million in 2025. With a projected compound annual growth rate (CAGR) of 5.91%, the sector is anticipated to reach USD 79.44 million by 2032. Elevated demand from nutraceutical, functional food, and cosmetic segments continues to shape growth, with key suppliers and new market entrants investing in advanced extraction technologies and prioritizing transparent, regulated supply chains tailored for exacting quality standards.

Scope & Segmentation of the Borage Oil Market

• Applications: Animal feed, livestock feed, pet nutrition, cosmetics and personal care, functional foods, dietary supplements, pharmaceuticals, nutraceutical products, therapeutic agents, beverages, and industrial uses.
• Product Forms: Liquid oil, powder, and softgel capsules are offered, available as both ingredient and finished product solutions.
• Distribution Channels: Online retail, pharmacies, specialty stores, supermarkets, and hypermarkets support broad access and market penetration.
• Grades: Food, pharmaceutical, and technical grades are supplied to meet diverse regulatory and user specifications.
• Regions: Coverage extends across Americas (including the United States, Canada, Mexico, Brazil), Europe (including the United Kingdom, Germany, France, Spain, Netherlands), the Middle East (UAE, Saudi Arabia), Africa (South Africa, Nigeria, Kenya), and Asia Pacific (China, India, Japan, Australia), enabling localized and global procurement and sales strategies.
• Key Technologies: Cold-press extraction, supercritical CO2 processing, enzymatic-assisted extraction, digital traceability, and blockchain-based transparency influence production quality and trackability.
• Leading Companies: Croda International Plc, Koninklijke DSM N.V., BASF SE, Evonik Industries AG, Naturex SA, Bio-Botanica, Inc., and Galab Laboratories Ltd.

Borage Oil Market: Key Takeaways for Decision-Makers

• Cold-pressed and advanced extraction processes safeguard the concentration and integrity of critical omega-6 fatty acids, like gamma-linolenic acid, enhancing product positioning.
• Clean-label and traceable borage oil products are in growing demand, fueling shifts toward verified supply chains and sustainable sourcing approaches.
• Expanding consumer interest in Asia-Pacific and Latin America is supported by traditional herbal applications and widening use in clinical and medical nutrition.
• Increased regulatory alignment prompts producers to obtain harmonized certifications, benefiting quality standards but requiring higher compliance for market entry.
• Digital infrastructure improvements, such as blockchain for supply chain verification, are equipping stakeholders with tools for scenario-based risk management and resilience.

Tariff Impact: United States Tariffs and Industry Response

Recent changes in United States tariffs have affected the borage oil value chain, prompting suppliers and processors to diversify sourcing models, consider nearshoring, and establish cross-border partnerships. These adjustments aim to sustain operational continuity and reduce exposure to unpredictable tariff shifts, while supporting premium product positioning through clear value articulation in impacted distribution channels.

Methodology & Data Sources

This market analysis is based on thorough secondary research, integrating evidence from market reports, patents, scientific literature, and regulatory frameworks. Insights were strengthened by stakeholder interviews and independent validation of trade data, with SWOT and PESTLE frameworks guiding risk and opportunity identification for the borage oil sector.

Why This Report Matters

• Provides actionable market intelligence, supporting senior leaders in investment decisions, procurement planning, and targeted product development for borage oil applications.
• Identifies the impact of new technologies, evolving regulatory dynamics, and market risks, facilitating effective resource allocation and risk mitigation for organizations across the supply chain.
• Enhances go-to-market effectiveness by outlining regional movements, distribution opportunities, and potential partnership avenues specific to the borage oil landscape.

Conclusion

The borage oil market is advancing, driven by extraction innovations, regulatory harmonization, and an increased emphasis on digital supply chain transparency. Organizations that integrate adaptive strategies and research-led solutions are positioned to capture future growth within this evolving sector.