Global Argan Oil Market (2020 to 2027) - Size, Share & Trends Analysis Report - ResearchAndMarkets.com

DUBLIN--()--The "Argan Oil Market Size, Share & Trends Analysis Report by Type (Conventional, Organic), by Form (Absolute, Concentrate, Blend), by Application, by Distribution Channel, by Region, and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering.

The global argan oil market size is anticipated to reach USD 507.2 million by 2027, expanding at a revenue-based CAGR of 10.8% over the forecast period. Argan oil is gaining popularity in the global market as it cotains omega-3 and omega-6 fatty acids, lupeol, beta amyrin, antioxidant tocopherols, triterpenoids, and butyrospermol, which play a significant role in improving skin and hair quality. This has encouraged manufacturers from industries such as aromatherapy, medical, and cosmetics products to integrate argan oil in their final products.

Key players in the market are focusing on improving the quality of product in their personal care and cosmetic products to promote healthy hair and skin. Such initiatives are anticipated to fuel the overall demand in the cosmetics application segment. Furthermore, the global demand is also witnessing a surge on account of shifting consumer preference toward organic products.

Players in the argan oil market are involved in R&D activities for improving the extraction method as it is a key step in the production process. Recently, researchers obtained argan oil using super critical fluid extraction and concluded no changes in the quality and physicochemical parameters of the product. However, the method is still in the nascent stage and is likely to play a significant role in increasing the production over the coming years.

Health consciousness coupled with a fat-free lifestyle accelerates the demand for healthy vegetable oil including argan oil. Food industry is also witnessing a surge in demand on account of increasing importance given to maintaining a healthy diet. Argan oil helps control cholesterol levels while boosting energy levels in the human body. Technological advancements are also contributing significantly to the enhancement of both chemical and microbiological qualities, thus positively influencing the overall product demand.

Further key findings from the report suggest:

  • In 2019, conventional emerged as the largest type segment in the argan oil market owing to high crop yield obtained by using this cultivation method as it involves using synthetic pesticides and fertilizers
  • In 2019, Business to Business (B2B) dominated the distribution channel segment in the market owing to increasing direct sales of the product in the international market, especially by the manufacturers of cosmetic products
  • Sivan, an Israeli company is developing a super strain, called as Argan 100, which is capable of tolerating the Mediterranean climate and can manufacture 10 times more nuts as compared to the average trees of Morocco, thus contributing to the production

Companies Mentioned

  • OLVEA
  • ARGANisme
  • ZINEGLOB
  • KONOUZ RAYYAN (PURUS International)
  • Malakbio
  • Lipidine
  • Argane Aouzac
  • Organica Group LTD
  • Arganfarm sarl. au.
  • Kamakhya Bottlers
  • Zidrop Argan Oil
  • ARGANBULK

Key Topics Covered:

1 Methodology and Scope

2 Executive Summary

3 Argan Oil Market: Variables, Trends & Scope

3.1 Interesting Facts

3.2 Market Lineage Outlook

3.2.1 Global Cosmetics And Personal Care Industry Outlook

3.3 Penetration & Growth Prospect Mapping

3.4 Industry Value Chain Analysis

3.5 Regulatory and Policy Landscape

3.6 Market Dynamics

3.6.1 Market Driver Analysis

3.6.1.1 Increasing preference for organic products

3.6.1.2 Rising demand for men'S grooming products

3.6.1.3 Extraordinary health benefits offered by argan oil

3.6.2 Market Restraint Analysis

3.6.2.1 Limited number of argan trees

3.7 Industry Challenges

3.8 Supply Demand Analysis

3.9 Business Environment Analysis: Argan Oil Market

3.9.1 Industry Analysis: Porter's

4 Argan Oil Market: Type Estimates & Trend Analysis

4.1 Type movement analysis & market share, 2019 & 2027 (Tons) (USD Million)

4.2 Argan Oil market size & forecasts and trend analysis, by type, 2016 - 2027 (Tons) (USD Million)

4.2.1 Conventional

4.2.2 Organic

5 Argan Oil Market: Form Estimates & Trend Analysis

5.1 Form movement analysis & market share, 2019 & 2027 (Tons) (USD Million)

5.2 Argan Oil market size & forecasts and trend analysis, by form, 2016 - 2027 (Tons) (USD Million)

5.2.1 Absolute

5.2.2 Blend

5.2.3 Concentrate

6 Argan Oil Market: Application Estimates & Trend Analysis

6.1 Application movement analysis & market share, 2019 & 2027 (Tons) (USD Million)

6.2 Argan Oil market size & forecasts and trend analysis, by application, 2016 - 2027 (Tons) (USD Million)

7 Argan Oil Market: Distribution Channel Estimates & Trend Analysis

7.1 Distribution Channel movement analysis & market share, 2019 & 2027 (Tons) (USD Million)

7.2 Argan Oil market size & forecasts and trend analysis, by distribution channel, 2016 - 2027 (Tons) (USD Million)

7.2.1 B2B

7.2.2 B2C

8 Argan Oil Market: Regional Estimates & Trend Analysis

8.1 Market share, 2019 & 2027 (Tons) (USD Million)

8.2 Market size & forecasts and trend analysis, by region, 2016 - 2027 (Tons) (USD Million)

8.3 North America

8.4 Europe

8.5 Asia Pacific

8.6 Central & South America

8.7 Middle East & Africa

9 Competitive Landscape

9.1 Key global players & recent developments & their impact on the industry

9.2 Key Company/Competition Categorization

9.3 Vendor Landscape

9.3.1 List of Key Distributors And Channel Partners

9.3.2 Key Company Market Share Analysis, 2018

10 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/ymrpoi

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900