Press release
Argan Oil Market Manufacturers Profiles 2018: Groupe Olvea, Zineglob SARL, Argan Liquid Gold, Nadifi Argan Oil, Sidi Yassine, Vima Souss, Malak Bio
Argan Oil Market
Global Argan Oil Market is projected to grow at a CAGR of 9.5%. changing lifestyle and adoption of the modern trends have a positive impact on the aromatherapy product’s market due to which argan oil is found to gain its popularity as one of the key products. Also, increase in disposable income is found to have a positive impact on this market. Argan oil is also used for culinary purpose and is used for preparation of dips and salad dressings. This has a major impact in the increased sale of argan oil in the food industries for culinary purposes.
A shift in consumer’s alcohol consumption preferences has influenced the positive growth of argan oil share in the market. High application in personal care products due to anti-ageing and healing properties of argan oil has increased its market share on a global level. Higher demand for healthy oil used in food products has a positive impact on the increasing sale for culinary purpose. Key players are following strategies of merger and acquisition of small players due to high demand of the product. Morocco is the dominating country for production and consumption of argan oil and also exports the product to various countries of other regions.
The Global Argan Oil Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Middle East and Africa (RoW) region has the major market share followed by North America. Based on innovations and fortification with healthy ingredients, argan oil has gained popularity in various other regions. Morocco, U.S., Netherlands, China, U.K., and Japan are considered the major importers of argan oil.
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Access the market data and market information presented in more than 60 market data tables and figures in 100 pages of the project report. Go through the in-depth table of content (TOC) & market synopsis on “Global Argan Oil Market information from 2017 to 2023"
This report includes a study of strategies such as mergers and acquisitions, product launches by the major Argan Oil market players. It further includes product portfolios, developments of leading major players which includes:
• Groupe Olvea (France)
• Zineglob SARL (Morocco)
• Argan Liquid Gold (U.K.)
• Nadifi Argan Oil (Morocco)
• Sidi Yassine (Morocco)
• Vima Souss (Morocco)
• Malak Bio (Morocco)
The Global Argan Oil Market is segmented on the basis of source, application, distribution channel and region. Based on the source, natural argan oil is found to be dominant holding a major market share. Amongst the various applications, personal care products is calculated to hold a major share owning to high demand from consumers’ side. Convenience and one stop purchase of the product has led to the increased sale of argan oil through supermarkets and hypermarkets.
This market research report further provides an insight on various levels of analysis such as industry analysis, market share analysis as well as leading market players and their profiles. This report also helps in studying target consumer segments by providing views on emerging and high-growth segments and market size. Together the market data comprise and discuss basic valuations on the competitive scenarios and strategies of the global argan oil market including high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides views of historical market values as well as pricing and cost analysis of the same.
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