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Argan Oil Market worth $1,067.88 million by 2030, growing at a CAGR of 7.89% - Exclusive Report by 360iResearch
Argan Oil Market | 360iResearch
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Argan oil, known as "liquid gold," is a highly valued plant oil extracted from the kernels of the argan tree, native to Morocco. Rich in essential fatty acids, antioxidants, vitamins, and minerals, it offers significant nutritional, cosmetic, and therapeutic benefits. Used in various forms such as pure oil, blends, and infused products, argan oil finds applications in cosmetics and personal care, food products, and pharmaceuticals. Its necessity stems from its ability to provide nutritional benefits including cardiovascular health due to its rich fatty acid content, and cosmetic benefits such as moisturizing, anti-aging, acne treatment, and hair conditioning. The beauty and personal care, food and beverage, and pharmaceutical industries particularly benefit from argan oil's versatility. Market growth is driven by increasing consumer awareness of organic products, expanding applications, and rising disposable incomes in emerging economies. Opportunities are expected in emerging markets like Asia-Pacific and Latin America, the growth of e-commerce, and product diversification. Strategies such as using online platforms for consumer education, increasing R&D for innovative products, and focusing on certifications and ethical sourcing are recommended. However, the market faces challenges such as high production costs, supply chain limitations, regulatory hurdles, competition from other natural oils, and ensuring product authenticity. Innovations and research into bio-active compounds, new extraction techniques, and personalized beauty solutions are anticipated to drive market growth. The argan oil market is characterized by the increasing demand for sustainable, ethical, and multifunctional natural products, supported by the rise of digital channels that enhance direct consumer engagement. Addressing these strategic insights and challenges through innovation and strong marketing strategies can result in significant business traction in this evolving market landscape.
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Market Segmentation & Coverage:
This research report categorizes the Argan Oil Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Source, market is studied across Natural and Organic.
Based on Distribution Channel, market is studied across Franchise Outlet, Hypermarket, and Medical Shops.
Based on Application, market is studied across Cosmetics, Food, and Medical.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Argan Oil Market, highlighting leading vendors and their innovative profiles. These include Argan Gold Liquid of United Kingdom, ARGANisme Cosmetics S.A.R.L of Morocco, Brenntag Specialties Inc., Dabur Ltd., HASK, John Masters Organics Inc., Johnson & Johnson Consumer Inc., L'OCCITANE Group Melvita of France, L'ORÉAL Deutschland GmbH, Malak Bio of Morocco, Mamaearth, Moroccanoil, Olvea Group, Purus International of Morocco, WOW, and Zineglob ltd. of Morocco.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Argan Oil Market, by Source
7. Argan Oil Market, by Distribution Channel
8. Argan Oil Market, by Application
9. Americas Argan Oil Market
10. Asia-Pacific Argan Oil Market
11. Europe, Middle East & Africa Argan Oil Market
12. Competitive Landscape
13. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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