Global Almond Oil Market Growth 2023-2029

Global Almond Oil Market Growth 2023-2029

Almond Oil is an oil expressed from the nuts of almond tree. It is used as an emollient in skin creams and is also used to soften ear wax. The tree is native to SW Asia but is widely grown in warm regions for its nuts. Almond trees grow to an average height of 7 m; they have attractive pink flowers and are grown for ornament in cooler regions. The sweet almond oil, or Prunus Amygdalus Dulcis is pressed from the ripe seeds (nut) of the almond tree. It is a versatile, carrier oil, good for all skin types. Ground almonds make for excellent natural abrasives. Moist with Sweet Almond Oil, ground almonds help replenish the oils lost from the skin during the cleansing process; being rather soft in texture, they produce a gentle massaging effect in exfoliators. Almond Oil is very lubricating and can relieve itching and inflammation; a wonderful, natural moisturizer for 'dishpan' hands and chapped skin.

Almond Oil is rarely used as an edible oil. In the foodstuffs sector, it is only used in confectionery (macaroons). The main almond oil consumers are the cosmetics sector (cosmetic care products) and Medicine (aroma therapy, massage oil).

LPI (LP Information)' newest research report, the “Almond Oil Industry Forecast” looks at past sales and reviews total world Almond Oil sales in 2022, providing a comprehensive analysis by region and market sector of projected Almond Oil sales for 2023 through 2029. With Almond Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Almond Oil industry.

This Insight Report provides a comprehensive analysis of the global Almond Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Almond Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Almond Oil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Almond Oil and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Almond Oil.

The global Almond Oil market size is projected to grow from US$ 426.5 million in 2022 to US$ 595.2 million in 2029; it is expected to grow at a CAGR of 595.2 from 2023 to 2029.

Global Almond Oil key players include AAK Natural Oils, NowFoods, Flora, Caloy, etc. Global top four manufacturers hold a share over 15%.

USA is the largest market, with a share about 50%, followed by China, and Europe, both have a share about 35 percent.

In terms of product, Sweet Almond Oil is the largest segment, with a share about 80%. And in terms of application, the largest application is Cosmetic, followed by Carrier oils, Food.

This report presents a comprehensive overview, market shares, and growth opportunities of Almond Oil market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Sweet Almond Oil

Bitter Almond Oil

Segmentation by application

Cosmetic

Food

Carrier Oils

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Flora

AAK Natural Oils

OSE

Caloy

ESI

Huiles Bertin (FR)

A.N.V Foods Pvt Ltd (IN)

K. K. Enterprise

NowFoods

Proteco Oils

OLIOFORA

Plimon

Aura Cacia

Humco

Key Questions Addressed in this Report

What is the 10-year outlook for the global Almond Oil market?

What factors are driving Almond Oil market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Almond Oil market opportunities vary by end market size?

How does Almond Oil break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.