Argan Oil Market Share Leaders, Opportunities, Sales Revenue, Developments and Regional Forecast 2029


Posted January 13, 2023 by pranit10

Argan Oil Market size was valued at US$ 312.13Mn in 2021 and the total Argan Oilrevenue is expected to grow at 9.8% from 2022 to 2029, reaching nearly US$ 659.41 Mn.

 
Argan Oil Market Overview:

The Argan Oil market report discusses the significance of the segments likewise the regional markets, on the idea of the market size and growth rate. An extensive summary of all the segments and regions is prepared. The data bestowed during this analysis report has been examined and evaluated by several trade specialists and research analysts. The market report explores the foremost recent trade study on the worldwide Argan Oil market, that evaluates the opportunities and existing market situation whereas conjointly give insights and updates on the corresponding segments for the forecasted amount of 2022-2029.

The global argan oil market is being driven by rising consumer awareness of beauty issues and cosmetic companies' use of argan oil in numerous products. Based on the method of extraction, argan oil is divided into two types: culinary argan oil and cosmetic argan oil. Cosmetic argan oil does not have a strong nutty flavour, whereas culinary argan oil is used in cooking and does. The food industry, pharmaceuticals and nutraceuticals, and personal care products all use argan oil extensively.

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Argan Oil Market COVID-19 Impact:

COVID-19 is a global pandemic and public health emergency that has affected almost every business and industry, effects of this pandemic are anticipated to impact the industry growth through the forecast period. Our research report expands our research framework to ensure that it includes the underlying Covid-19 issues and possible ways to the future. The report provides insights on Covid-19 taking into consideration consumer and demand changes, purchasing behaviour, supply chain transformation, current market power dynamics, and significant government intervention. The updated study provides insights, analysis, evaluation, and forecasts that take into consideration the impact of Covid-19 on the Argan Oil market.

Argan Oil Market Segmentation:

At the end of the forecast period, the Natural Argan Oil segment is anticipated to rule the Argan Oil Market by type. After using natural argan oil topically for 60 days, postmenopausal women's skin elasticity significantly increased. The oral use of argan oil by half of the participants further boosted this effect. The absence of a placebo control group hinders the results, even though they are intriguing.

At the conclusion of the forecast period, the organic segment is anticipated to significantly increase its market share. One of the purest types of oil, organic argan oil is frequently used in aromatherapy. Harvesters of organic argan oil use bio-based fertilisers like bone meal, green manure, and leafy manure, and compost manure. This kind is marketed as a premium item and is gaining popularity among multinational cosmetics brands.

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Argan Oil Market Key Players:

ARGANisme Cosmetics S.A.R.L
Zineglo
Saadia Organics
Essence Of Argan
Biopur
Argan Diva
Josie Maran Cosmetics
Argan Liquid Gold
NadifiArgan
SidiYassine
Marogonia
VimaSouss, Malak Bio
Amorre
Based on records and financial statistics with the corporate summary of key players the analysis report focuses on the current market size of the Argan Oil markets and their growth rates.

Regional Analysis:

Geographically, the Argan Oil market report is segmental into many key regions square measure as follows,

Asia-Pacific (China, Japan, Malaysia, Vietnam, Philippines, Thailand, India, Korea, Indonesia, and Australia)
Europe(Turkey, France, Germany, Russia United Kingdom, Italy etc.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
The Middle East and Africa (GCC Countries and Egypt.)
Key Questions Answered:

Product valuation trends
Elaborated regional analysis
Identification of the businesses by business models.
Methods adopted by key players for development purpose
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Last Updated January 13, 2023