Argan Oil Market Share Revenue and Growth Rate Worth 427.02 million By 2029

Global Argan Oil Market growing at a CAGR of 20.37% in the forecast period of 2022-2029 and is likely to reach the USD 427.02 million by 2029.

Argan oil is an organic substance derived from the argan tree's kernels. It's high in vitamin A and E, as well as antioxidants, omega-6 fatty acids, triterpenoids, and linoleic acid. Commercially, the oil is available in concentrated, absolute, and mixed forms for use in culinary and cosmetic applications.

It can be applied directly or taken as a supplement pill for a variety of health advantages, including curing acne, stretch marks, skin irritation, and ageing indications, as well as hydrating the skin. As a result, the oil is found in a wide range of high-end personal care products, including creams, lotions, soaps, shampoos, and conditioners.

The argan oil market is segmented on the basis of type, form, grade, application and distribution channel.
• On the basis of type, the global argan oil market is segmented into conventional and organic.
• Based on form, the argan oil market is segmented into absolute, blend, and concentrate.
• Based on grade, the argan oil market is segmented into culinary grade and cosmetic grade.
• Based on the application, the argan oil market is segmented into personal care and cosmetics, medical, aromatherapy, food, home cleaning and others.
• Based on the distribution channel, the argan oil market is segmented into B2B and B2C. The B2C segment is further sub-segmented into supermarkets and hypermarkets, specialty stores, online stores and others.

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