Press release
Almond Oil Market Sees 12% CAGR: Regional Opportunities Explored
๐๐ฅ๐ฆ๐จ๐ง๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ข๐ฌ๐๐ ๐๐จ๐ซ ๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐กThe global almond oil market is experiencing substantial expansion, with projections indicating a rise from USD 2.8 billion in 2023 to USD 6.18 billion by 2030, reflecting a compound annual growth rate (CAGR) of 12% during the forecast period.
๐๐ฅ๐ฆ๐จ๐ง๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The increasing consumer awareness regarding health and nutrition has led to a surge in demand for natural and organic products, including almond oil. This trend is further supported by stringent regulations promoting the use of organic ingredients in personal care products. Almond oil, rich in vitamin E, omega fatty acids, and minerals, is extensively utilized in cosmetics, personal care, and pharmaceutical applications due to its moisturizing and anti-inflammatory properties.
๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ฆ๐ฆ๐๐๐ข๐๐ญ๐๐ฅ๐ฒ: https://www.maximizemarketresearch.com/request-sample/106999/
๐๐ฅ๐ฆ๐จ๐ง๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐จ๐๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
Vietnam is witnessing a growing demand for almond oil, driven by the expanding cosmetics and personal care industry. The increasing consumer inclination towards natural and organic products presents significant growth opportunities for market players in the region.
๐จ๐๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐
Thailand's almond oil market is experiencing growth due to the rising awareness of health benefits associated with natural oils. The food and beverage sector's incorporation of almond oil as a premium ingredient is contributing to market expansion.
๐จ๐๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฑ๐๐๐๐
In Japan, the trend towards anti-aging and skin health products is boosting the demand for almond oil. The cosmetics industry is increasingly formulating products with almond oil to cater to the aging population seeking natural skincare solutions.
๐จ๐๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐
South Korea's almond oil market is experiencing consolidation, with key players engaging in mergers and acquisitions to strengthen their market position. This strategic move aims to enhance product offerings and expand distribution networks.
๐จ๐๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ผ๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐
Singapore is updating its market strategies by incorporating almond oil into various sectors, including pharmaceuticals and personal care. The country's focus on innovation and quality is driving the adoption of almond oil in new product developments.
๐จ๐๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐
The United States holds a significant share in the almond oil market, attributed to the increasing use of almond oil in cosmetics, food processing, pharmaceuticals, nutraceuticals, aromatherapy, and household products industries.
๐จ๐๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ช๐๐๐๐
China's almond oil market is expanding rapidly, driven by the large population base and increasing focus on health and wellness. The influence of social media and health-conscious communities is propelling the demand for almond oil in the region.
๐จ๐๐๐๐๐ ๐ถ๐๐ ๐ด๐๐๐๐๐ ๐๐ ๐ฌ๐๐๐๐๐
Europe dominated the almond oil market with the largest revenue share of 34.1% in 2023, due to the growing restaurant businesses with an increasing tourism sector, growing awareness about health benefits, and use in cosmetics & personal care products.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Leading manufacturers are introducing new products to meet the growing customer demand for natural and organic ingredients. For instance, ๐๐ฅ๐ฎ๐ ๐๐ข๐๐ฆ๐จ๐ง๐ ๐๐ซ๐จ๐ฐ๐๐ซ๐ฌ has expanded its product portfolio to include almond oil variants catering to the cosmetics and food industries.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐ญ๐๐ค๐ ๐ ๐ฌ๐ง๐๐๐ค ๐ฉ๐๐๐ค? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฌ๐๐ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ข๐ง๐ฌ๐ข๐๐: https://www.maximizemarketresearch.com/request-sample/106999/
๐๐ฅ๐ฆ๐จ๐ง๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฎ ๐๐ง๐ค๐๐ช๐๐ฉ
Sweet
Bitter
With a 67% market share in 2023, the Sweet segment led the market by product. growing usage in medications, personal care products, and cosmetics. Oils from almonds are a great way to get copper, magnesium, phosphorus, and vitamin E. It also contains a lot of antioxidants, which have anti-inflammatory and immune-boosting effects. It is a gentle tablet that can be used to treat malignancies of the breast, bladder, uterus, spleen, and mouth. extensively utilised in cosmetics, particularly to treat irritated, dry, and cracked skin. These elements are propelling the segment's market expansion.
๐๐ฎ ๐ผ๐ฅ๐ฅ๐ก๐๐๐๐ฉ๐๐ค๐ฃ
Personal Care
Pharmaceuticals
Food and Beverages
With a 39% market share in 2023, the Personal Care segment led the market by application. Many people prefer natural components in cosmetics, and governments all around the world have outlawed the use of dangerous chemicals. The development of almond oil in personal care is aided by these stringent government regulations. Large manufacturers are implementing market strategies like new product releases and product improvements in response to the growing consumer adoption of healthy lifestyles and the demand for wholesome food ingredients. The market's segment expansion is being driven by these factors.
๐๐ฎ ๐ฟ๐๐จ๐ฉ๐ง๐๐๐ช๐ฉ๐๐ค๐ฃ ๐พ๐๐๐ฃ๐ฃ๐๐ก
Hypermarkets & Supermarkets
Food Specialty Stores
Pharmacy
Cosmetic Discounters
Others
Over the course of the projected period, the pharmaceuticals segment is anticipated to increase at a CAGR of 7%. Because pharmacy products should be more dependable, the almond oil found in pharmacies has undergone dermatological testing and is safe to use on sensitive skin. Essential oils are plant-based extracts that are frequently used in fragrances and aromatherapy, whereas solid oils are carrier oils that are frequently used as base oils in a range of applications. The production of face oils, body oils, massage oils, baby oils, and aromatherapy products is the main use for pharmacy-brand almond oil. While bitter almond oil is recognised as an essential oil, sweet almond oil is referred to be solid oil.
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ? ๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐ค๐๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/106999/
๐๐ฅ๐ฆ๐จ๐ง๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐:
1.AOS Products Private Limited
2.Ashwin Fine Chemicals & Pharmaceuticals
3.Blue Diamond Growers, Inc.
4.Caloy Quality Natural Oils
5.Eden Botanicals
6.Jiangxi Baicao Pharmaceutical Co., Ltd.
7.Jiangxi Xuesong Natural Medicinal Oil Co., Ltd.
8.Liberty Vegetable Oil Company
9.Mountain Ocean
10.Now Foods
11.Proteco Oils
12.Aak
13.Frontier Natural Products
14.Flora
15.Proteco
16.Bajaj
17.Dabur
18.Esi
19.Grupopilimon
20.Huilesbertin
21.Humco Compounding
22.K.K. Enterprise
23.Mountain Ocean
24.Now Foods Oliofora
25. Provital Group
๐๐จ๐จ๐ค ๐๐ญ ๐๐จ๐๐๐ฒ'๐ฌ ๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ฌ:
Storage Water Heater Market https://www.maximizemarketresearch.com/market-report/storage-water-heater-market/217536/
Ampoule Filling Machines Market https://www.maximizemarketresearch.com/market-report/ampoule-filling-machines-market/70452/
Pedicure Chair Market https://www.maximizemarketresearch.com/market-report/global-pedicure-chair-market/83226/
Global Watersports Gear and Equipment Market https://www.maximizemarketresearch.com/market-report/global-watersports-gear-and-equipment-market/82284/
India Household Induction Cook Tops Market https://www.maximizemarketresearch.com/market-report/india-household-induction-cook-tops-market/21757/
Global Future Trends in Vacuum Packaging Market https://www.maximizemarketresearch.com/market-report/global-future-trends-in-vacuum-packaging-market/88201/
Global Swimming Pool Alarm Market https://www.maximizemarketresearch.com/market-report/global-swimming-pool-alarm-market/108758/
Global Neurodesign Packaging Market https://www.maximizemarketresearch.com/market-report/global-neurodesign-packaging-market/101862/
Global Platform Cart Market https://www.maximizemarketresearch.com/market-report/global-platform-cart-market/22785/
Global Matte Labels Market https://www.maximizemarketresearch.com/market-report/global-matte-labels-market/102164/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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