Press release
Argan Oil Market Surges on Natural Beauty Demand, Expanding at 11.5% CAGR Through 2035
Argan Oil Market
In 2024, the Argan Oil Market was valued at USD 371.0 million and is expected to reach USD 413.0 million in 2025. Over the forecast period from 2025 to 2035, the market is projected to expand significantly to USD 1,220.0 million, registering a strong CAGR of 11.5%. This impressive growth trajectory reflects rising consumer awareness, premiumization in cosmetics, and expanding applications beyond traditional personal care into pharmaceuticals and functional foods.
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A major growth driver shaping the Argan Oil Market is the rapid expansion of the natural and organic beauty industry. Consumers are actively shifting away from synthetic formulations toward plant-based oils perceived as safer and more effective. Argan oil's multifunctional benefits-moisturization, anti-aging, hair strengthening, and scalp nourishment-make it a preferred ingredient for both mass-market and luxury brands. Additionally, rising disposable incomes and increased spending on premium personal care products are reinforcing demand across developed and emerging economies.
The competitive landscape of the Argan Oil Market is moderately fragmented, with both global brands and regional producers competing on quality, sourcing ethics, and certifications. Key companies profiled in the market include Argan Oil Morocco (MA), Kahina Giving Beauty (US), Josie Maran Cosmetics (US), Heritage Store (US), Aura Cacia (US), The Ordinary (CA), Pura D'or (US), Acure Organics (US), and Eden's Semilla (US). These players focus on organic certification, fair-trade sourcing, and product innovation to differentiate themselves. Strategic partnerships with Moroccan cooperatives and investments in sustainable harvesting practices are also shaping competitive advantage.
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From a segmentation perspective, the Argan Oil Market is analyzed across application, end use, form, and distribution channel. In terms of application, cosmetics and personal care dominate market revenue due to extensive use in skin creams, serums, shampoos, and conditioners. The food-grade argan oil segment is also gaining momentum, particularly in gourmet cooking and nutritional supplements. By form, cold-pressed argan oil holds the largest share, as it retains maximum nutrients and aligns with clean-label expectations. Online retail channels are witnessing the fastest growth, driven by direct-to-consumer beauty brands and expanding e-commerce penetration.
Sustainability and ethical sourcing represent a key market opportunity and a defining dynamic in the Argan Oil Market. Consumers are increasingly concerned about environmental impact and social responsibility, pushing brands to ensure traceable supply chains and fair wages for local communities. Women-led cooperatives in Morocco play a critical role in argan oil production, and their empowerment has become an integral part of brand storytelling. However, supply constraints due to limited geographic availability of argan trees and climate sensitivity remain a challenge, encouraging innovation in cultivation and yield optimization.
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Regional analysis highlights North America and Europe as leading markets, driven by high awareness of natural beauty products and strong presence of premium cosmetic brands. The United States, in particular, accounts for substantial demand due to widespread adoption of organic personal care solutions. Asia-Pacific (APAC) is emerging as the fastest-growing regional market, supported by rising middle-class populations, increasing beauty consciousness, and rapid expansion of e-commerce platforms. Meanwhile, South America and the Middle East & Africa (MEA) regions are witnessing steady growth, with MEA benefiting from proximity to raw material sources and growing export activities.
Looking ahead, the Argan Oil Market is poised for sustained expansion through 2035 as innovation, sustainability, and premiumization converge. Product diversification into pharmaceutical formulations, aromatherapy, and nutraceuticals is expected to unlock new revenue streams. As regulatory frameworks around organic labeling strengthen and consumers continue to value authenticity and transparency, argan oil will remain a cornerstone ingredient in the global natural products industry.
Frequently Asked Questions (FAQs)
1. What is driving the growth of the Argan Oil Market?
The market is driven by rising demand for natural and organic beauty products, premium skincare trends, and increasing consumer awareness of argan oil's health benefits.
2. What is the expected market size of the Argan Oil Market by 2035?
The market is projected to reach USD 1,220.0 million by 2035, growing at a CAGR of 11.5% from 2025 to 2035.
3. Which application segment dominates the Argan Oil Market?
Cosmetics and personal care applications dominate due to extensive use in skincare, haircare, and anti-aging products.
4. Which region is expected to grow the fastest?
Asia-Pacific is expected to witness the fastest growth, supported by rising beauty awareness and expanding e-commerce penetration.
5. Who are the key players in the Argan Oil Market?
Key players include Argan Oil Morocco, Josie Maran Cosmetics, The Ordinary, Pura D'or, Acure Organics, and Kahina Giving Beauty, among others.
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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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