Argan Oil Industry Key Players Profile and Market Analysis to 2025|Zineglob SARL ,Argan Liquid Gold ,Nadifi Argan Oil ,Sidi Yassine ,Vima Souss Malak Bio
Argan Oil Market, Argan Oil Market size, Argan Oil Market share, Argan Oil Market trends, Argan Oil Market status, Argan Oil
Globally the argan oil market share as one of the fastest growing unconventional oil segment is estimated to escalate at a higher growth rate which is supported by the rising mass consumers demand for natural and healthy products. Rapid urbanization and increased disposable income has led to consumer’s inclination towards aromatherapy and spa’s which also has a positive impact on this market. Demand for organic and natural skin care products among the mass population is also driving the market of argan oil.
All these factors will contribute to the calculated CAGR of 9.5% of Argan Oil market during 2017-2023.
Argan Oil market Top Key Players Analysis:
•Groupe Olvea (France)
•Zineglob SARL (Morocco)
•Argan Liquid Gold (U.K.)
•Nadifi Argan Oil (Morocco)
•Sidi Yassine (Morocco)
•Vima Souss (Morocco)
•Malak Bio (Morocco)
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The increasing sale of argan oil is driven by rising awareness among the consumers about the beneficial properties of argan oil. High antioxidant content of the oil makes its application more significant in personal care products due to the anti-ageing property the oil imparts. Rise in consumption of healthy food products has supported the sale of argan oil in the global market. Increasing disposable income and economy development is also found to fuel up the market demand of unconventional oils such as argan oil. The consumption as well as production of argan oil is found to be high in Middle East and African region and is evaluated to increase at a positive growth rate in various countries of North America, Europe and Asia Pacific region.
Consumption of organic argan oil is growing at significant rate based on high consumers demand for chemical-free products in order to reduce the harmful effects imparted from such products. Increase in demand for effective personal care products especially among the female population has resulted in increased sale of argan oil across the globe.
Sale of argan oil through supermarkets and hypermarkets is found to be high on a global level. This is due to consumer convenience and preference for one-stop shopping experience. In addition, based on the adoption of advanced technology by the consumers into their daily routine and convenience shopping experience, the sale of argan oil through e-commerce is found to escalate at a positive growth rate.
The Global Argan Oil Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Middle East and Africa (Rest of the World) holds a major market share followed by North America. High demands for healthy oils with widespread applications from the developed countries of these regions is contributing to the positive growth of argan oil market. Morocco, U.S., the Netherlands, China, U.K., and Japan are the major importers of argan oil.
Study Objectives of Argan Oil Market:
•Detailed analysis of the market’s segments and sub-segments
•To estimate and forecast market size by source, application, distribution channel & region
•To analyze key driving forces influencing the market
•Region level market analysis and market estimation of North America, Europe, Asia, and the rest of the world (ROW) and their countries
•Value Chain Analysis & Supply Chain Analysis of Argan Oil
•Company profiling of major players in the market
•Competitive strategy analysis and mapping key stakeholders in the market
•Analysis of historical market trends and technologies along with current government regulatory requirements
•Argan Oil manufacturers
•Aromatherapy products manufacturers
•Traders, Importers and Exporters
Full report on Argan Oil Market report spread across 110 pages, profiling 15 companies and supported with tables and figures available @ www.marketresearchfuture.com/reports/argan-oil-market-3752
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