Borage Oil Market - Global Forecast 2025-2032

The borage oil market is evolving rapidly, shaped by innovative extraction technologies, regulatory changes, and growing demand across diverse sectors. With a unique value proposition rooted in its botanical composition, borage oil is of rising interest to senior decision-makers evaluating ingredients for nutraceutical, cosmetic, and functional food applications.

Market Snapshot: Borage Oil Market Growth and Outlook

The Borage Oil Market grew from USD 50.16 million in 2024 to USD 53.08 million in 2025. It is expected to continue growing at a CAGR of 5.91%, reaching USD 79.44 million by 2032. This performance is supported by increased adoption in dietary supplements, cosmetics, and animal nutrition, as both established players and new entrants leverage the oil’s gamma-linolenic acid profile and expanding global value chain dynamics.

Borage Oil Market Scope & Segmentation

This research report provides in-depth segmentation to inform expansion and strategic planning:

• Application: Animal feed (livestock feed, pet feed), cosmetics and personal care (hair care, personal hygiene, skin care, creams & lotions, oils & gels, serums), food & beverage (functional foods, supplements in liquid oil, powder, and softgel capsules), pharmaceutical & nutraceutical uses (dietary supplements in liquid oil and softgel capsules, therapeutic agents).
• Product Form: Liquid oil, powder, softgel capsules.
• Distribution Channel: Online retail, pharmacies and drug stores, specialty stores, supermarkets and hypermarkets.
• Grade: Food grade, pharmaceutical grade, technical grade.
• Region: Americas (United States, Canada, Mexico, Brazil, Argentina, Chile, Colombia, Peru), Europe, Middle East & Africa (United Kingdom, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland, United Arab Emirates, Saudi Arabia, Qatar, Turkey, Israel, South Africa, Nigeria, Egypt, Kenya), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan).
• Companies Profiled: Croda International Plc, Koninklijke DSM N.V., BASF SE, Evonik Industries AG, Naturex SA, Bio-Botanica Inc., Galab Laboratories Ltd.

Key technologies covered include cold-press extraction, supercritical CO2 processing, and enzymatic-assisted extraction, all contributing to higher yields and bioactive preservation.

Key Takeaways for Decision Makers

• Validated scientific research supports borage oil’s efficacy, advancing its status from a niche herbal extract to a key ingredient in consumer and therapeutic formulations.
• Adoption of advanced extraction and digital traceability technologies strengthens supply chain transparency and product differentiation.
• Strategic partnerships between agricultural growers, extractors, and formulators foster adaptive innovation and support regulatory compliance across regions.
• Market expansion is driven by shifts in consumer preference for clean-label, traceable ingredients and emerging wellness trends in key regions.
• Companies with sustainability certifications and vertically integrated operations are positioned to meet rising standards and environmental expectations.
• Responsive scenario planning helps organizations address supply chain risks stemming from evolving regulatory and geopolitical landscapes.

Tariff Impact on the Borage Oil Sector

Recent United States tariffs on plant-derived specialty oils have altered cost structures, encouraging diversification of sourcing and regional processing. Adapting through nearshoring, contract renegotiation, and value-based pricing, industry players are mitigating financial exposure while maintaining quality and supply continuity.

Market Research Methodology & Data Sources

The report’s findings are based on comprehensive secondary research including peer-reviewed journals, industry white papers, and trade association data, enriched with primary interviews among value chain leaders. Key analytical frameworks such as SWOT and PESTLE were used to validate conclusions and scenario assessments.

Why This Report Matters

• Provides actionable insight for optimizing supply chain, sourcing strategies, and regulatory compliance in the borage oil value chain.
• Enables stakeholders to anticipate technological, regulatory, and consumer-driven shifts impacting competitive positioning.
• Facilitates informed capital allocation and partnership decisions by delivering granular segmentation and growth opportunity analyses.

Conclusion

The borage oil market is characterized by robust innovation, growing end-use diversity, and emergent regulatory focus. Companies embracing adaptive strategies and transparent value creation are positioned to lead in this dynamic global industry.