Argan Oil Market Size, Share, Overview To 2023 | Zineglob SARL, Argan Liquid Gold, Groupe Olvea, Vima Souss, Malak Bio

Globally the argan oil market share as one of the fastest growing unconventional oil segment is estimated to escalate at a higher growth rate which is supported by the rising mass consumers demand for natural and healthy products. Rapid urbanization and increased disposable income has led to consumer’s inclination towards aromatherapy and spa’s which also has a positive impact on this market. Demand for organic and natural skin care products among the mass population is also driving the market of argan oil.

All these factors will contribute to the calculated CAGR of 9.5% of Argan Oil market during 2017-2023.

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Top Companies:

Groupe Olvea (France)
Zineglob SARL (Morocco)
Argan Liquid Gold (U.K.)
Nadifi Argan Oil (Morocco)
Sidi Yassine (Morocco)
Vima Souss (Morocco)
Malak Bio (Morocco)

Market Scenario:

The increasing sale of argan oil is driven by rising awareness among the consumers about the beneficial properties of argan oil. High antioxidant content of the oil makes its application more significant in personal care products due to the anti-ageing property the oil imparts. Rise in consumption of healthy food products has supported the sale of argan oil in the global market. Increasing disposable income and economy development is also found to fuel up the market demand of unconventional oils such as argan oil. The consumption as well as production of argan oil is found to be high in Middle East and African region and is evaluated to increase at a positive growth rate in various countries of North America, Europe and Asia Pacific region.

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Table Of Contents:

1. Executive Summary

2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions

2.2.3 Limitations

2.3 Markets Structure

2.4 Stakeholders

3. Research Methodology

3.1 Research Methods

3.1.1 Primary Research

3.1.2 Secondary Research

3.2 Forecast Model

3.3 Market Size Estimation

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Geographical Insight:

The Global Argan Oil Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Middle East and Africa (Rest of the World) holds a major market share followed by North America. High demands for healthy oils with widespread applications from the developed countries of these regions is contributing to the positive growth of argan oil market. Morocco, U.S., the Netherlands, China, U.K., and Japan are the major importers of argan oil.

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This release was published on openPR.