Argan Oil Market is Booming and Expected to USD 758.8 Million by 2033 | IMARC Group

IMARC Group, a leading market research company, has recently released a report titled "Argan Oil Market Report by Type (Conventional, Organic), Form (Absolute, Blend, Concentrate), Application (Personal Care and Cosmetics, Medical, Aromatherapy, Food, Home Cleaning, and Others), Distribution Channel (B2B, B2C), and Region 2025-2033". The study provides a detailed analysis of the industry, including the global argan oil market share, trends, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How Big Is the Argan Oil Market?

The global argan oil market size was valued at USD 370.3 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 758.84 Million by 2033, exhibiting a CAGR of 8.3% during 2025-2033. North America currently dominates the argan oil, holding the market share of 33.2% in 2024. The North American argan oil market is growing rapidly due to increased consumer demand for organic, natural hair and skincare products. With the growing emphasis on wellness and sustainability, the market is expanding via e-commerce, ethical sourcing, and product innovation, especially in the US and Canada.

Key Market Highlights:

● Market Growth: The argan oil market is experiencing steady expansion, driven by rising demand in cosmetics, personal care, and food industries.

● Target Demographics: Popular among health-conscious and beauty-focused consumers seeking natural, chemical-free skincare and haircare solutions.

● Product Variety: Available in cosmetic-grade and food-grade forms, catering to both topical applications and culinary uses.

● Health Trends: Increasing awareness of argan oil's antioxidant, anti-inflammatory, and moisturizing properties is boosting its adoption in wellness products.

● Distribution Channels: Widely distributed through beauty retailers, health stores, supermarkets, e-commerce platforms, and specialty boutiques.

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Argan Oil Market Trends in 2025

The argan oil market is set for notable growth as it evolves to meet shifting consumer expectations and emerging wellness trends. A key development is the expanding use of argan oil in health and nutrition products, driven by growing awareness of its rich composition of essential fatty acids, antioxidants, and vitamins.

Simultaneously, the clean beauty movement continues to redefine the personal care industry, reinforcing demand for minimally processed, naturally derived ingredients. Argan oil aligns perfectly with this trend, and brands are expected to focus on transparency, purity, and sustainability in product formulations. In response, manufacturers will highlight their use of cold-pressed, organic argan oil and clean-label practices to resonate with ingredient-conscious consumers.
Another emerging trend is the personalization of beauty and wellness products.

In 2025, the argan oil market will witness increased interest in customized solutions-such as hair and skincare products tailored to specific needs-further enhancing consumer satisfaction and brand differentiation. Together, these trends underscore argan oil's growing role as a multifunctional and premium ingredient across diverse sectors, from cosmetics and wellness to nutrition and beyond.

Market Dynamics of the Argan Oil Market

Rising Demand for Natural and Organic Products

One of the primary forces driving the argan oil market is the global shift toward natural and organic product consumption. Consumers are becoming more health-conscious and environmentally aware, leading them to favor chemical-free, plant-based alternatives in skincare, haircare, and wellness. Argan oil, revered for its high nutrient content and gentle efficacy, has become a sought-after ingredient in clean-label formulations. By 2025, this preference is expected to intensify, with buyers actively seeking argan oil products that support sustainability and ethical sourcing.

Brands are responding by promoting their use of organic farming practices, cruelty-free testing, and fair trade partnerships-particularly with Moroccan cooperatives that produce authentic argan oil. This ethical positioning not only strengthens consumer trust but also aligns with broader environmental and social values. The continued rise of digital commerce has further amplified product accessibility, accelerating market penetration and encouraging a wave of new entrants offering innovative, nature-based formulations.

Expansion of the Beauty and Personal Care Sector

The beauty and personal care industry remains a central driver of the argan oil market, with the ingredient featured in a growing array of products including moisturizers, facial serums, shampoos, conditioners, and body oils. By 2025, this trend is expected to accelerate as brands increasingly leverage argan oil's proven benefits for hydration, elasticity, and anti-aging. Its rich blend of antioxidants, vitamin E, and essential fatty acids makes it ideal for supporting skin radiance and strengthening hair strands-features highly valued by today's beauty-conscious consumers.

Additionally, the influence of social media, beauty influencers, and wellness advocates has amplified awareness and demand for argan oil-based products. These platforms help educate consumers on its benefits and foster brand loyalty through authentic user testimonials. In response, established and emerging brands alike are investing in the development of next-generation beauty products infused with argan oil, reinforcing its reputation as a premium, results-driven ingredient.

Increased Focus on Sustainable Sourcing and Ethical Practices

Sustainability and ethical sourcing have become defining factors in consumer purchasing decisions, and the argan oil market is increasingly aligning with these values. As climate change and environmental stewardship gain prominence, consumers are seeking out brands that demonstrate responsibility in their sourcing and production methods.

By 2025, argan oil brands that partner with Moroccan women-led cooperatives and support local economies while protecting the biodiversity of argan tree forests are expected to gain a significant competitive edge. These practices not only contribute to environmental conservation but also ensure socioeconomic empowerment in the region. Certifications such as USDA Organic, Fair Trade, and ECOCERT are playing an important role in verifying authenticity and ethical standards, giving consumers greater confidence in their choices.

In this context, companies prioritizing transparent supply chains, sustainable harvesting, and community-driven production models are likely to strengthen their market presence and build long-term consumer trust. As sustainability becomes non-negotiable in the eyes of many consumers, it will remain a core driver shaping the future of the argan oil industry.

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Argan Oil Market Report Segmentation:

By Type:

● Conventional
● Organic

Conventional argan oil represents the largest market segment due to its wider availability and lower cost compared to organic options.

By Form:

● Absolute
● Blend
● Concentrate

Absolute argan oil leads the market due to its high concentration and effectiveness in various applications.

By Application:

● Personal Care and Cosmetics
● Medical
● Aromatherapy
● Food
● Home Cleaning
● Others

Aromatherapy holds the largest market share, driven by its increasing popularity for relaxation and therapeutic benefits.

By Distribution Channel:

• B2B
• B2C
• Supermarkets and Hypermarkets
• Specialty Stores
• Online Stores
• Others

B2B stores dominate distribution with their efficient bulk sales and supply chain management capabilities.

Regional Insights:

● North America
● Asia-Pacific
● Europe
● Latin America
● Middle East and Africa

North America leads the market, driven by strong demand for premium natural products.

Competitive Landscape with Key Players:

The competitive landscape of the argan oil market size has been studied in the report with the detailed profiles of the key players operating in the market.

Some of These Key Players Include:

● Arganbulk
● Argane Aouzac
● Arganfarm sarl. au.
● ARGANisme
● Kamakhya Bottlers
● Konouz Rayyan (PURUS International)
● Lipidine
● Malakbio
● OLVEA Morocco
● Organica Group Ltd.
● Zidrop Argan Oil
● Zineglob Ltd.

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Key Highlights of the Report:

● Market Performance (2019-2024)
● Market Outlook (2025-2033)
● Market Trends
● Market Drivers and Success Factors
● Impact of COVID-19
● Value Chain Analysis

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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This release was published on openPR.