Argan Oil Market Outlook
Argan oil is an organic compound extracted from the kernels of the argan tree and commercially produced in absolute, concentrated, and blended variants. It is largely used in culinary and cosmetic applications as it is a rich source of antioxidants, vitamin E and A, omega-6 fatty and linoleic acids, and triterpenoids.
The global argan oil market size reached US$ 276.9 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 541.1 Million by 2027, exhibiting a growth rate (CAGR) of 12% during 2022-2027.
It can be ingested in the form of a supplement capsule or applied topically. Argan oil provides various health benefits, including treating skin irritation, acne, signs of aging, and stretch marks.
Request for a Free PDF sample report: https://www.imarcgroup.com/argan-oil-market/requestsample
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Argan Oil Market Trends:
The rising demand for argan oil across the cosmetics and food and beverage (F&B) industries is one of the prime factors driving the market growth. For instance, it is used as the main ingredient in the manufacturing of several premium personal care products, such as soaps, shampoos, lotions, conditioners, and creams. Furthermore, key players are launching organic oil packed in recyclable containers to meet the growing environmental consciousness among consumers. Apart from this, the increasing consumer expenditure power and the rising product demand across the pharmaceutical industry are creating a positive outlook for the market.
Buy This Report Now: https://www.imarcgroup.com/checkout?id=3332&method=1
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players:
- Arganbulk
- Argane Aouzac
- Arganfarm sarl. au.
- ARGANisme
- Kamakhya Bottlers
- Konouz Rayyan (PURUS International)
- Lipidine
- Malakbio
- OLVEA Morocco
- Organica Group Ltd.
- Zidrop Argan Oil
- Zineglob Ltd.
Key Market Segmentation:
The report has categorized the market based on type, form, application and distribution channel.
Breakup by Type:
- Conventional
- Organic
Breakup by Form:
- Absolute
- Blend
- Concentrate
Breakup by Application:
- Personal Care and Cosmetics
- Medical
- Aromatherapy
- Food
- Home Cleaning
- Others
Breakup by Distribution Channel:
- B2B
- B2C
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3332&flag=C
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800
