Argan Oil Market Size - By Type, By Form, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Argan Oil Market Overview
According to SPER Market Research, the Global Argan Oil Market is estimated to reach USD 0.89 billion by 2032 with a CAGR of 11.62%. A substance called argan oil is created from the argan tree's kernels. There are high quantities of linoleic acid, triterpenoids, antioxidants, omega-6 fatty acids, and vitamins A and E. For use in cooking and cosmetics, the oil is marketed in concentrated, absolute, and mixed forms. It has several health benefits and may be used topically or taken orally for the treatment of stretch marks, ageing signs, acne, and skin irritation.
Impact of COVID-19 on the Global Argan Oil Market
The COVID-19 pandemic has an impact on the world's food business since governments have closed pubs and restaurants to stop the virus's spread. Restaurant closures have had a significant impact on allied businesses such as food production, the manufacturing of liquor, wine, and beer, the transportation of food and beverages, fishing, and farming. Due to increased consumer awareness during the COVID-19 pandemic, it is anticipated that there would be an increase in the demand for personal hygiene and homecare goods.
Scope of the report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Type, By Form, By Application
Regions covered Asia Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered ARGANBULK, Argane Aouzac, Arganfarm sarl. au., ARGANisme, DSM, Lipidine, Malakbio, OLVEA, Organica Group Ltd., Pure Argan Co., Zidrop Argan Oil
Global Argan Oil Market Segmentation:
By Type: Based on the Type, Global Argan Oil Market is segmented as; Conventional, Organic
By Form: Based on the Form, Global Argan Oil Market is segmented as; Absolute, Blend, Concentrate
By Application: Based on the Application, Global Argan Oil Market is segmented as; Personal Care, Medical, Aromatherapy
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Argan Oil Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Global Argan Oil Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Argan Oil Market
- 7. Global Argan Oil Market, By Type, 2019-2032 (USD Million)
- 7.1 Conventional
- 7.2 Organic
- 8. Global Argan Oil Market, By Form, 2019-2032 (USD Million)
- 8.1 Absolute
- 8.2 Blend
- 8.3 Concentrate
- 9. Global Argan Oil Market, By Application, 2019-2032 (USD Million)
- 9.1 Personal Care
- 9.2 Medical
- 9.3 Aromatherapy
- 10.Global Argan Oil Market, By Region, 2019-2032 (USD Million)
- 10.1 Global Argan Oil Market and Market Share by Region (2019-2025)
- 10.2 Global Argan Oil Market and Market Share by Region (2026-2032)
- 10.3 Asia-Pacific
- 10.3.1 Australia
- 10.3.2 China
- 10.3.3 India
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 Rest of Asia-Pacific
- 10.4 Europe
- 10.4.1 France
- 10.4.2 Germany
- 10.4.3 Italy
- 10.4.4 Spain
- 10.4.5 United Kingdom
- 10.4.6 Rest of Europe
- 10.5 Middle East and Africa
- 10.5.1 Kingdom of Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 Rest of Middle East & Africa
- 10.6 North America
- 10.6.1 Canada
- 10.6.2 Mexico
- 10.6.3 United States
- 10.7 Latin America
- 10.7.1 Argentina
- 10.7.2 Brazil
- 10.7.3 Rest of Latin America
- 11.Company Profiles
- 11.1 Arganbulk
- 11.1.1 Company details
- 11.1.2 Financial outlook
- 11.1.3 Product summary
- 11.1.4 Recent developments
- 11.2 Argane Aouzac
- 11.2.1 Company details
- 11.2.2 Financial outlook
- 11.2.3 Product summary
- 11.2.4 Recent developments
- 11.3 Arganfarm sark au
- 11.3.1 Company details
- 11.3.2 Financial outlook
- 11.3.3 Product summary
- 11.3.4 Recent developments
- 11.4 Aragnisme
- 11.4.1 Company details
- 11.4.2 Financial outlook
- 11.4.3 Product summary
- 11.4.4 Recent developments
- 11.5 Lipidine
- 11.5.1 Company details
- 11.5.2 Financial outlook
- 11.5.3 Product summary
- 11.5.4 Recent developments
- 11.6 Malakbin
- 11.6.1 Company details
- 11.6.2 Financial outlook
- 11.6.3 Product summary
- 11.6.4 Recent developments
- 11.7 Olvea
- 11.7.1 Company details
- 11.7.2 Financial outlook
- 11.7.3 Product summary
- 11.7.4 Recent developments
- 11.8 Organica Group Ltd
- 11.8.1 Company details
- 11.8.2 Financial outlook
- 11.8.3 Product summary
- 11.8.4 Recent developments
- 11.9 Pure Argan Co.
- 11.9.1 Company details
- 11.9.2 Financial outlook
- 11.9.3 Product summary
- 11.9.4 Recent developments
- 12.List of Abbreviations
- 13.Reference Links
- 14.Conclusion
- 15.Research Scope
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook