Press release
Almond Oil Market to show Rapid Growth During 2018-2023
Global Almond Oil Market was valued at USD 1,082.5 Million in the year 2017. Global Almond Oil Market is further estimated to grow at a CAGR of 14.9% from 2018 to 2023 to reach USD 2,497.7 Million. Asia Pacific region holds the highest market share in 2017 and is considered as the fastest growing market in the forecasted period due to steady growth rate and increasing economies in these regions.Get Free Access to Sample Report @ https://genesismarketinsights.com/Sample_Request/GENRE072
Ashwin Fine Chemicals & Pharmaceuticals (India), Now Foods (U.S), Eden Botanicals (U.S), Shanghai Saifu Chemical Development Co., Ltd. (China), BASF (Germany) and Mountain Ocean (U.S) are some of the key players in the Almond Oil Market.
Market Overview
Drivers
• Rising aromatherapy and spa market
• Increasing health consciousness and fitness among people
Restraints
• The high cost of the therapy
Opportunity
• Innovations in technologies for better products
• Increasing investment opportunity in the developed region
• Rising Government support for aromatherapy
Challenges
• Growing Substitute products
By product type sweet almond oil segment holds the highest market share among various product type considered. On the other hand cosmetics segment by application holds the high market share among all other segment and is expected to grow at the highest CAGR during the year 2018-2023 and holds the substantial market share because of its high demand and effective product.
Key Benefits for Stakeholders
• Almond Oil Manufacturers, Distributors and Retailers
• Research and Consulting organization
• Technology Standards Organizations, Forums, Alliances and Associations
• End-use industries
• Regulatory bodies, policy actors, and consumers.
By Type
• Sweet Almond Oil
• Bitter Almond Oil
By Application
• Food Preparation
• Cosmetics
• Pharmaceutical
• Others
By Region
• North America
• Europe
• Asia-Pacific
• RoW
Key Market Players
• Ashwin Fine Chemicals & Pharmaceuticals (India)
• Now Foods (U.S)
• Eden Botanicals (U.S)
• Shanghai Saifu Chemical Development Co., Ltd. (China)
• BASF (Germany)
• Mountain Ocean (U.S)
• Jiangxi Xuesong Natural Medicinal Oil Co., LTD. (China)
• Proteco Oils (Australia)
• Blue Diamond Growers, Inc. (U.S)
• Caloy Quality Natural Oils (U.S)
Read Report Overview with Full TOC @ https://genesismarketinsights.com/viewreport/73/27/Almond-Oil-Market
About Us:
Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.
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