Argan Oil Market Valued at US$ 342.71 Mn in 2022, Set to Expand at 9.8% CAGR to US$ 659.40 Mn by 2029.


Posted March 18, 2024 by shinde

Argan Oil Market size was valued at US$ 342.71 Mn in 2022 and the total Argan Oil revenue is expected to grow at 9.8% from 2023 to 2029, reaching nearly US$ 659.40 Mn.
 
Argan Oil Market Overview

The assessment provides an in-depth examination of even the tiniest aspects pertaining to the Argan Oil market's activity. Along with sales forecasts tailored to certain markets and areas, the research provides revenue projections for the global, regional, and national markets. Professionals who wish to keep one step ahead of the competition should learn about the fierce competition in the field, as the poll makes clear.

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Argan Oil Market Report Scope and Research Methodology

Using a range of research techniques, the study offers a thorough commercial and market-oriented examination of the Argan Oil market. When performing market research, a variety of aspects are taken into account, including advancements in technology, geographic location, income, financial stability, portfolio, and mergers and acquisitions. The study closely looks at both freshly begun and established businesses in order to assess the Argan Oil industry's growth and prospective business possibilities.

By giving them a thorough understanding of the Argan Oil market, the analysis in the study helps stakeholders, investors, market participants, followers, and new entrants create their investment strategies and marketing plans. The study determines the total size of the Argan Oil market by aggregating data from multiple industry sectors using a bottom-up methodology.

Argan Oil Market Regional Insights

The study offers a thorough examination of each sector's growth potential, challenges, competitive landscape, and prospects going forward. Market forecasts for North America, Europe, Asia Pacific, Latin America, and the Middle East are all included in the report. Market forecasts are also included in the study for every nation that does well across the board.

Argan Oil Market Dynamics

Consumer awareness of beauty is rising, which propels market expansion.The worldwide argan oil market is being driven by rising consumer awareness of beauty and cosmetic manufacturers' use of argan oil in numerous products. According to the method of extraction, argan oil is divided into two types: cosmetic and culinary. Cosmetic argan oil lacks the strong nutty flavor found in culinary argan oil, which is used in cooking. Notable applications for argan oil include the food industry, pharmaceuticals and nutraceuticals, and personal care products.

The market for argan oil is mostly driven by the expanding usage of argan oil in the cosmetics and personal care sectors.The personal care and cosmetics sectors use argan oil as an active ingredient. The ingredient is becoming more and more well-liked in a range of cosmetic formulas, including face oils, lip balms, serums, and lipsticks, due to its anti-aging properties. Market giants including L'Oréal, Lakmé, and Sephora have created cosmetic product lines based on argan oil. The demand for argan oil in beauty products is anticipated to increase due to the growing appeal of its organic and natural components.

Argan Oil Market Segmentation

by Type

Natural
Organic

by form

Absolute
Concentrates
Blends
Others

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Argan Oil Market Key Players

1. OLVEA Morocco
2. ARGANisme Cosmetics S.A.R.L
3. Zineglo
4. Saadia Organics
5. Essence Of Argan
6. Biopur
7. Argan Diva
8. Josie Maran Cosmetics
9. Argan Liquid Gold
10.NadifiArgan
11.SidiYassine
12.Marogonia
13.VimaSouss, Malak Bio
14.Amorre
15.BioAdorates
16.Zineglob
17.Mabioma

Key questions answered in the Argan Oil Market are:

What does Argan Oil mean?
What are the elements propelling the growth of the Argan Oil Market?
What are the primary obstacles preventing the Argan Oil Market from expanding?
In 2021, what was the Argan Oil market size?
Which recent occurrences, in your opinion, will boost sales for the Argan Oil market expansion?
Which industry trends are there currently that the Argan Oil Market can capitalize on to create new revenue streams?
What expansion plans are the participants considering putting into practice to bolster their standing in the Argan Oil Market?
Who held the largest market share in the Argan Oil Market?
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Key Offerings:

The market's size and degree of competition Past Information (2018–2021)
Historical values and regional price curves (2018–2021).
The market's size, share, forecast, and dimensions for each category from 2022 to 2029.
market segmentation: a thorough examination by geographic area that considers the tiny subsets that make up each bigger group;
market dynamics: notable developments, prospects, space for growth, and geographical restrictions;
Competitive benchmarking of the main rivals by region and strategic competitor profiles by region are included in the competitive landscape.
competitive environment, which includes local companies, leaders and laggards in the industry, PESTLE analysis, and Porter's evaluation.
components of regional corporate law;
SWOT evaluation of profitable business ventures.
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Argan Oil Market scope, Argan Oil Market Demand, Argan Oil Market, Argan Oil Market share, Argan Oil Market Research, Argan Oil Market Business
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Pune, Maharashtra 411041, India
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Categories Automotive , Business
Tags argan oil market scope , argan oil market demand , argan oil market , argan oil market share , argan oil market research argan oil market business
Last Updated March 18, 2024