Press release
Argan Oil Market Booming Worldwide with Latest Trend and Future Scope by 2029
The global Argan Oil market is anticipated to grow significantly at a CAGR of 6.9% over the forecast period. The global argan oil market is segmented on the basis of source, applications, and distribution channels. Based on the source, the market is segmented as conventional and organic. Based on the application, the market is segmented as food, medical, personal care & cosmetics, and others. The other segment includes cleaning. The cosmetic segment is likely to hold a substantial share in the global argan oil market during the forecast period. Whereas, based on the distribution channel, the market is segmented as B2B and B2C. The B2C segment further includes offline channels and online channels.The key aspect that drives the cosmetic segment growth of the global argan oil market is the wide use of argan oil in cosmetic products especially in anti-aging and moisturizing products. Cosmetic grade argan oil can also be directly used for skin application areas as a lotion. The content in the cosmetic grade oil of volatile components is lower than that of edible argan oil and the shelf life is also shorter probably by up to 2 years, owing to the formation. Attributing to various nutritional benefits such as vitamin A, vitamin E, and essential fatty acids it is highly used in the cosmetic industry. Besides, argan oil is also utilized to nourish the skin prevent acne, eczema, healing scar tissues, dry skin, psoriasis, and many more skin disorders. Hence, such benefits and properties associated with the use of argan oil are likely to drive the growth of the market during the forecast period.
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Market Coverage
Market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- By Source, Application, and Distribution Channel
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- Argan Liquid Gold, ARGANisme Cosmetics S.A.R.L, Biopur Sarl, Frontier Natural Products Co-op Inc., John Masters Organics Inc., L'OCCITANE Group-Melvita, Morgan Cosmetics, LLC, Olvea Group, Organica Group Ltd., and Zineglob Ltd. among others
Argan Oil Market - Segmentation
By Source
Conventional
Organic
By Application
Food
Medical
Personal Care & Cosmetics
Others (Cleaning)
By Distribution Channel
B2B
B2C
Offline Channels
Online Channels
A full Report of Argan Oil Market is Available at: https://www.omrglobal.com/industry-reports/argan-oil-market
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
Rest oF APAC
Rest of The World
Latin America
Middle East & Africa
Company Profiles
Agadir International
Argan Liquid Gold
ARGANisme Cosmetics S.A.R.L
Beauty Quest Group
Biopur Sarl
Conair Corp.
Earthly Body
Frontier Natural Products Co-op Inc.
GIE TARGANINE ET AUTRE COOPERATIVES
Inspired Beauty Brands
John Masters Organics Inc.
L'OCCITANE Group-Melvita
Morgan Cosmetics, LLC
Olvea Group
Organica Group Ltd.
Purus International
Sivan SM
Zineglob Ltd.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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The Global Argan Oil Market is expected to grow due to rising awareness for skin care natural products, and increasing disposable income in the countries like India & China.
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