IMARC Group, a leading market research company, has recently released a report titled “Argan Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global argan oil market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Argan Oil Market?

The global argan oil market size reached US$ 308.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 564.1 Million by 2028, exhibiting a growth rate (CAGR) of 9.9% during 2023-2028.

What is Argan Oil?

Argan oil is an organic compound extracted from the kernels of the argan tree and commercially produced in absolute, concentrated, and blended variants. It is largely used in culinary and cosmetic applications as it is a rich source of antioxidants, vitamin E and A, omega-6 fatty and linoleic acids, and triterpenoids. It can be ingested in the form of a supplement capsule or applied topically. Argan oil provides various health benefits, including treating skin irritation, acne, signs of aging, and stretch marks.

Request PDF Sample Report: https://www.imarcgroup.com/argan-oil-market/requestsample

What are the Growth Prospects and Trends in the Argan Oil Industry?

The rising demand for argan oil across the cosmetics and food and beverage (FB) industries is one of the prime factors driving the market growth. For instance, it is used as the main ingredient in the manufacturing of several premium personal care products, such as soaps, shampoos, lotions, conditioners, and creams. Furthermore, key players are launching organic oil packed in recyclable containers to meet the growing environmental consciousness among consumers. Apart from this, the increasing consumer expenditure power and the rising product demand across the pharmaceutical industry are creating a positive outlook for the market.

Who are the Key Players Operating in the Argan Oil Market?

The competitive landscape of the industry has also been examined along with the profiles of the key players:

• Arganbulk
• Argane Aouzac
• Arganfarm sarl. au.
• ARGANisme
• Kamakhya Bottlers
• Konouz Rayyan (PURUS International)
• Lipidine
• Malakbio
• OLVEA Morocco
• Organica Group Ltd.
• Zidrop Argan Oil
• Zineglob Ltd.

What is Included in Market Segmentation?

The report has categorized the market based on type, form, application, distribution channel and region.

Breakup by Type:

• Conventional
• Organic

Breakup by Form:

• Absolute
• Blend
• Concentrate

Breakup by Applications:

• Personal Care and Cosmetics
• Medical
• Aromatherapy
• Food
• Home Cleaning
• Others

Breakup by Distribution Channel:

• B2B
• B2C
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Stores
  • Others

Regional Analysis:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

Ask Analyst for Customization and Explore full report with TOC List of Figures: https://www.imarcgroup.com/request?type=reportid=3332flag=C

Key Highlights of The Report:  

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/