Argan Oil Market Report Latest Trends and Business Opportunities through 2031 - Olvea, ARGANisme, Malakbio.

The latest report published by DataM Intelligence highlights the growth prospects of Argan Oil market. The industry expansion is majorly driven by developments in technology across the globe.

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Argan Oil Market is valued at a significant CAGR during the forecast period (2024-2031).

Argan oil is a natural oil extracted from the kernels of the argan tree, which is native to Morocco. Rich in essential fatty acids, vitamin E, and antioxidants, it is prized for its skin and hair care benefits. Argan oil helps moisturize skin, reduce inflammation, and improve skin elasticity. In hair care, it adds shine, reduces frizz, and promotes scalp health. It is often used in cosmetics and personal care products due to its nourishing properties.

Competitive Evaluation:

Companies covered in this report are Olvea, ARGANisme, Malakbio, Lipidine, Argane Aouzac, Organica Group LTD, Alpha Packaging, Inc, Kamakhya Bottlers, Zidrop Argan Oil and ARGANBULK.

The Argan Oil Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.

Key Development

In 2022, OLVEA Group, a key player in vegetable and fish oils for the cosmetics, pharmaceutical, food, and feed sectors, announced that its range of specialty vegetable oils for cosmetic applications had received "COSMOS Natural" certification. The approved oils include Apricot Kernel Oil, Argan Oil, Avocado Oil, Hazelnut Oil, Jojoba Oil, Macadamia Nut Oil, Olive Oil, Sesame Oil, Sweet Almond Oil, and TrueSheaTM (Shea Butter). This certification highlights OLVEA's commitment to sustainable and natural beauty solutions.

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Argan Oil Market Segments

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Type: Conventional, Organic.
By Form: Absolute, Blend, Concentrate.
By Application: Personal care & Cosmetics, Medical, Aromatherapy, Food, Cleaning and Home, Others.

Regional Assessment:

Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Argan Oil market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

In terms of geographical analysis, Argan Oil Market report provides an in-depth view of:-

∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies

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This report provides a 360-degree synopsis of the competitive scenario of the Argan Oil industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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This release was published on openPR.