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Global Apricot oil Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Apricot oil is a type of vegetable oil derived from apricot kernels. It has a light amber colour and a moderate, sweet flavour. Apricot oil contains a high concentration of oleic acid and vitamin E and is commonly used in cosmetics and as a cooking oil. Apricot oil is also useful as a lubricant and in cosmetics. Apricot kernel refined oil is found in a variety of cosmetic goods, including creams, body lotions, moisturisers, face packs, hair oil, shampoo, balms, soap, and others. The therapeutic characteristics of the apricot kernel have also broadened its usage for treating specific medical disorders.
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Asia Pacific is projected to have the highest CAGR over the forecast period. Rising demand for essential oils in various applications such as cosmetics, spa, hair care, and food goods is raising demand for apricot oil. Growing population and increasing disposable income are factors projected to fuel expansion of the worldwide market in the Asia Pacific region. This popularity of apricot oil in the region is effective in driving the market the coming years as well.
Some of the key players profiled in the Apricot Oil Market include Greenwood Essential, Physicians Formula, Aura Cacia, Frontier Natural Products Co., Deep Steep, Starwest Botanicals, AMD Oil Sales, Life-Flo, Nature's Alchemy, Hobe Labs, Now Foods, Josie Maran Cosmetics, Lotus Touch, Cococare, and Fit & Fresh.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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