Product Code: PM1261
The global argan oil market size is expected to reach USD 426.25 billion by 2030, according to a new study by Polaris Market Research. The report "Argan Oil Market Share, Size, Trends, Industry Analysis Report, By Application (Personal Care & Cosmetics, Medical, Aromatherapy, Food, Cleaning, and Home, and Others); By Type; By Form; By Distribution Channel; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
One of the main factors driving the industry expansion is the rising demand for frozen dessert goods around the world as a result of changing customer preferences and health consciousness. Dry fruits, a combination of tastes, and milk components make up the majority of the ingredients in frozen desserts.
The industry is expanding due to the rising habit of using frozen desserts as a digestive aid after meals. The demand for the industry is rising as people's awareness of beauty grows. It is quite popular in confections, frozen desserts, candies, and snacks as it gives these products flavor, which promotes growth.
Another reason that could lead to a significant increase in demand for frozen desserts like ice cream and frozen yogurt globally is climate change. Customers think they eat ice cream to lower their body temperature in a hot region, which is what drives the argan oil market's expansion. According to the current trend in the industry, people nowadays like to consume flavored goods, which is helping the industry grow. The majority of cosmetic products contain argan oil, which has accelerated the industry's expansion.
Additionally, consumers' growing desire for better vitamins and supplements in everything from food and beverages to personal care products is anticipated to accelerate the growth of the industry sooner rather than later.
Argan Oil Market Report Highlights
The blend form segment is anticipated to grow at a lucrative CAGR over the forecast period owing to increasing customer demand for blends used topically and rising argan oil blend usage in the cosmetics industry.
Aromatherapy accounted for a significant share in 2021. Many benefits of this aromatherapy massage are well known. It supports the body and mental balance, harmony, and tranquility. It also boosts the immune system, supporting a variety of biological processes and thwarting infections.
Asia-Pacific is expected to grow at a fastest CAGR over the projected period. Due to the existence of powerful indigenous corporations like Sun Pharma, and Lupin, India is one of the most preferred countries for making affordable pharmaceuticals.
The global market has John Masters Organics Inc., L'OCCITANE Group, Malak Bio Inc., Olvea Group, Purus International, and Zineglob ltd.
Polaris Market Research has segmented the argan oil market report based on type, form, application, distribution channel, and region:
Argan Oil, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Conventional
Organic
Argan Oil, Form Outlook (Revenue - USD Billion, 2018 - 2030)
Absolute
Blend
Concentrate
Argan Oil, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Personal Care & Cosmetics
Medical
Aromatherapy
Food
Cleaning and Home
Others
Argan Oil, Distribution Channel Outlook (Revenue - USD Billion, 2018 - 2030)
B2B
B2C
Supermarket/Hypermarket
Specialty Retailer
Online Stores
Others
Argan Oil, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Argan Oil Market Insights
- 4.1. Argan Oil - Industry Snapshot
- 4.2. Argan Oil Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing preference for organic products
- 4.2.1.2. Rising demand for men's grooming products
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Limited number of argan trees
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Argan Oil Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Argan Oil Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 5.3. Personal Care & Cosmetics
- 5.3.1. Global Argan Oil Market, by Personal Care & Cosmetics, by Region, 2018 - 2030 (USD Billion)
- 5.4. Medical
- 5.4.1. Global Argan Oil Market, by Medical, by Region, 2018 - 2030 (USD Billion)
- 5.5. Aromatherapy
- 5.5.1. Global Argan Oil Market, by Aromatherapy, by Region, 2018 - 2030 (USD Billion)
- 5.6. Food
- 5.6.1. Global Argan Oil Market, by Food, by Region, 2018 - 2030 (USD Billion)
- 5.7. Cleaning and Home
- 5.7.1. Global Argan Oil Market, by Cleaning and Home, by Region, 2018 - 2030 (USD Billion)
- 5.8. Others
- 5.8.1. Global Argan Oil Market, by Other, by Region, 2018 - 2030 (USD Billion)
6. Global Argan Oil Market, by Form
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 6.3. Absolute
- 6.3.1. Global Argan Oil Market, by Absolute, by Region, 2018 - 2030 (USD Billion)
- 6.4. Blend
- 6.4.1. Global Argan Oil Market, by Blend, by Region, 2018 - 2030 (USD Billion)
- 6.5. Concentrate
- 6.5.1. Global Argan Oil Market, by Concentrate, by Region, 2018 - 2030 (USD Billion)
7. Global Argan Oil Market, by Type
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 7.3. Conventional
- 7.3.1. Global Argan Oil Market, by Conventional, by Region, 2018 - 2030 (USD Billion)
- 7.4. Organic
- 7.4.1. Global Argan Oil Market, by Organic, by Region, 2018 - 2030 (USD Billion)
8. Global Argan Oil Market, by Distribution Channel
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 8.3. B2B
- 8.3.1. Global Argan Oil Market, by B2B, by Region, 2018 - 2030 (USD Billion)
- 8.4. B2C
- 8.4.1. Global Argan Oil Market, by B2C, by Region, 2018 - 2030 (USD Billion)
- 8.4.2. Supermarket/Hypermarket
- 8.4.2.1. Global Argan Oil Market, by Supermarket/Hypermarket, by Region, 2018 - 2030 (USD Billion)
- 8.4.3. Specialty Retailer
- 8.4.3.1. Global Argan Oil Market, by Specialty Retailer, by Region, 2018 - 2030 (USD Billion)
- 8.4.4. Online Stores
- 8.4.4.1. Global Argan Oil Market, by Online Stores, by Region, 2018 - 2030 (USD Billion)
- 8.4.5. Others
- 8.4.5.1. Global Other Argan Oil Market, by Region, 2018 - 2030 (USD Billion)
9. Global Argan Oil Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Argan Oil Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 9.3. Argan Oil Market - North America
- 9.3.1. North America: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.2. North America: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.3.3. North America: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.3.4. North America: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.3.5. Argan Oil Market - U.S.
- 9.3.5.1. U.S.: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.5.2. U.S.: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.3.5.3. U.S.: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.3.5.4. U.S.: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.3.6. Argan Oil Market - Canada
- 9.3.6.1. Canada: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.6.2. Canada: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.3.6.3. Canada: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.3.6.4. Canada: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.4. Argan Oil Market - Europe
- 9.4.1. Europe: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.2. Europe: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.4.3. Europe: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.4. Europe: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.5. Argan Oil Market - UK
- 9.4.5.1. UK: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.5.2. UK: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.4.5.3. UK: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.5.4. UK: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.6. Argan Oil Market - France
- 9.4.6.1. France: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.6.2. France: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.4.6.3. France: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.6.4. France: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.7. Argan Oil Market - Germany
- 9.4.7.1. Germany: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.7.2. Germany: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.4.7.3. Germany: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.7.4. Germany: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.8. Argan Oil Market - Italy
- 9.4.8.1. Italy: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.8.2. Italy: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.4.8.3. Italy: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.8.4. Italy: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.9. Argan Oil Market - Spain
- 9.4.9.1. Spain: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.9.2. Spain: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.4.9.3. Spain: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.9.4. Spain: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.10. Argan Oil Market - Netherlands
- 9.4.10.1. Netherlands: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.10.2. Netherlands: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.4.10.3. Netherlands: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.10.4. Netherlands: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.11. Argan Oil Market - Russia
- 9.4.11.1. Russia: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.11.2. Russia.: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.4.11.3. Russia: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.4.11.4. Russia: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.5. Argan Oil Market - Asia Pacific
- 9.5.1. Asia Pacific: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.2. Asia Pacific: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.5.3. Asia Pacific: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.4. Asia Pacific: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.5. Argan Oil Market - China
- 9.5.5.1. China: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.5.2. China.: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.5.5.3. China: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.5.4. China: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.6. Argan Oil Market - India
- 9.5.6.1. India: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.6.2. India.: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.5.6.3. India: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.6.4. India: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.7. Argan Oil Market - Japan
- 9.5.7.1. Japan: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.7.2. Japan.: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.5.7.3. Japan: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.7.4. Japan: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.8. Argan Oil Market - Malaysia
- 9.5.8.1. Malaysia: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.8.2. Malaysia.: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.5.8.3. Malaysia: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.8.4. Malaysia: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.9. Argan Oil Market - Indonesia
- 9.5.9.1. Indonesia: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.9.2. Indonesia.: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.5.9.3. Indonesia: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.9.4. Indonesia: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.10. Argan Oil Market - South Korea
- 9.5.10.1. South Korea: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.10.2. South Korea.: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.5.10.3. South Korea: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.5.10.4. South Korea: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.6. Argan Oil Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.2. Middle East & Africa: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.6.3. Middle East & Africa: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.6.4. Middle East & Africa: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.5. Argan Oil Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.5.2. Saudi Arabia: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.6.5.3. Saudi Arabia: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.6.5.4. Saudi Arabia: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.6. Argan Oil Market - South Africa
- 9.6.6.1. South Africa: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.6.2. South Africa: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.6.6.3. South Africa: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.6.6.4. South Africa: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.7. Argan Oil Market - Israel
- 9.6.7.1. Israel: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.7.2. Israel: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.6.7.3. Israel: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.6.7.4. Israel: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.8. Argan Oil Market - UAE
- 9.6.8.1. UAE: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.8.2. UAE: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.6.8.3. UAE: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.6.8.4. UAE: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.7. Argan Oil Market - Latin America
- 9.7.1. Latin America: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.2. Latin America: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.7.3. Latin America: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.7.4. Latin America: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.7.5. Argan Oil Market - Mexico
- 9.7.5.1. Mexico: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.5.2. Mexico: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.7.5.3. Mexico: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.7.5.4. Mexico: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.7.6. Argan Oil Market - Brazil
- 9.7.6.1. Brazil: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.6.2. Brazil: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.7.6.3. Brazil: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.7.6.4. Brazil: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
- 9.7.7. Argan Oil Market - Argentina
- 9.7.7.1. Argentina: Argan Oil Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.7.2. Argentina: Argan Oil Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 9.7.7.3. Argentina: Argan Oil Market, by Form, 2018 - 2030 (USD Billion)
- 9.7.7.4. Argentina: Argan Oil Market, by Type, 2018 - 2030 (USD Billion)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. ARGANisme Cosmetics S.A.R.L of Morocco
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Argan Gold Liquid of United Kingdom
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Biopur Sarl
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Conai Corporation of United States
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Frontier Natural Products Co-op ltd
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. John Masters Organics Inc
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. L'OCCITANE Group
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Malak Bio Inc
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Olvea Group
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Purus International
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
- 11.11. Zineglob ltd
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development