Borage Oil Market size is estimated to reach $60.6 million by 2026, growing at a CAGR of 4.4% during the forecast period 2021-2026. Borage oil is naturally extracted from a wildflower called borage or starflower, which belongs to the Boraginaceae family. Borage seed oil contains high concentrations of gamma linolenic acid, omega-6 fatty acid, and possibly small amounts of pyrrolizidine alkaloids. The oil is mainly derived from the seeds of the flower and is known for its nutritional value, anti-inflammatory properties, and health benefits. Owing to its anti-inflammatory and antioxidant properties, the oil is widely used in the production of cosmetics for various applications including skincare, hair treatment, and anti-aging purposes. Borage oil is prized for its high gamma linolenic acid (GLA) content. Besides, increased uses of borage oil in personal care and the cosmetic industry, an increase in the number of spa and massage centers are the factors that are set to drive the growth of the Borage Oil Market for the period 2021-2026.
