The global Argan Oil market size was valued at US$ 342.71 Mn in 2022 and the total Argan Oil revenue is expected to grow at 9.8% from 2023 to 2029, reaching nearly US$ 659.40 Mn.

Market Overview:

A comprehensive analysis of terminologies, segments, functions, and the industry's value chain structure was conducted in the Argan Oil Market Research Report. The report provides impartial expert insights into the current market scenario, previous financial performance, consumption patterns, demand-supply dynamics, and revenue projections for the forecast period. Additionally, it delves into the strategic goals and growth strategies of major players in the Argan Oil sector, including mergers and acquisitions, government and private sector transactions, partnerships, collaborations, joint ventures, brand promotions, and product launches. In essence, the study offers a holistic view of the Argan Oil market at both global and regional levels.

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Market Scope:

The research encompasses various strategies such as mergers and acquisitions, government and private sector transactions, partnerships, collaborations, joint ventures, brand promotions, and product launches. This comprehensive approach ensures a thorough understanding of the Argan Oil market dynamics on both global and regional scales.

Drivers:

Increasing beauty awareness among consumers, as well as the utilization of argan oil in many products by cosmetic manufacturers, are driving the global argan oil market. Argan oil is categorized into two varieties based on the extraction process: culinary argan oil and cosmetic argan oil. Culinary argan oil is used in cooking and has a strong nutty flavor, whilst cosmetic argan oil does not. Argan oil has notable uses in the culinary industry, medicines and nutraceuticals, and personal care goods.

Segmentation:

by Type

Natural
Organic


by form

Absolute
Concentrates
Blends
Others


by Application

Therapeutics
Aromatherapy
Food & Beverages
Cosmetics& Personal Care
Medical
Cleaning and Home
Others


by distribution channel

B2B
B2C

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Key Players: The report covers major players in the Argan Oil market, including:

1. OLVEA Morocco
2. ARGANisme Cosmetics S.A.R.L
3. Zineglo
4. Saadia Organics
5. Essence Of Argan
6. Biopur
7. Argan Diva
8. Josie Maran Cosmetics
9. Argan Liquid Gold
10.NadifiArgan
11.SidiYassine
12.Marogonia
13.VimaSouss, Malak Bio
14.Amorre
15.BioAdorates
16.Zineglob
17.Mabioma

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Regional Analysis:

The regional analysis section highlights key market influencers and regulatory changes affecting current and future trends. Factors such as new business deals, alternative sales channels, demographic shifts, regulatory measures, and import-export tariffs are crucial in forecasting the market landscape across different regions.

COVID-19 Impact Analysis on Argan Oil Market:

The COVID-19 pandemic has significantly impacted the global Argan Oil industry, leading to disruptions in manufacturing operations due to workforce shortages and plant closures. Reduced production capacity and restrictions on travel and business operations have contributed to a slowdown in the Argan Oil market in 2020.

Key Questions Answered in the Argan Oil Market Report:

• Which segment dominated the Argan Oil market share?

• What was the competitive landscape of the Argan Oil market in 2020?

• What are the key drivers fueling the growth of the Argan Oil market?

• Which region held the largest market share in 2020?

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


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