Argan Oil Market Size Share & Growth Report

Argan Oil Market Size 2025 To 2033

• The global argan oil market size reached USD 370.3 Million in 2024.

• The argan oil market size is expected to reach USD 758.8 Billion by 2033, exhibiting a growth rate (CAGR) of 8.3% during 2025-2033.

• On a regional basis, the market has been categorized into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.

• By the type, the market is bifurcated into conventional and organic.

• Based on the form, the market is segregated into absolute, blend, and concentrate.

• By the application, the market is segmented into personal care and cosmetics, medical, aromatherapy, food, home cleaning, and others.

• Based on the distribution channel, the market is divided into B2B and B2C (supermarkets and hypermarkets, specialty stores, online stores, and others).

• The growth of the argan oil market is supported by increasing investments in sustainable production and fair trade practices, which attract eco-conscious consumers and support ethical sourcing.

• Additionally, technological advancements in extraction and processing have improved the quality and purity of argan oil, making it a more attractive ingredient in high-end personal care and food products.

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Industry Trends and Drivers:

· Consumers increasingly want natural and organic personal care products.

The demand for natural, organic personal care products has surged. This trend has boosted the argan oil market. Now, consumers prefer natural over synthetic ingredients. Argan oil, packed with fatty acids, vitamin E, and antioxidants, is highly sought after. Its nourishing benefits make it popular. You'll find it in moisturizers, hair serums, and anti-aging creams. This shift in preference has increased argan oil production and sourcing. So, it's now a profitable segment of the natural cosmetics market.

• The rising awareness of argan oil’s health benefits:

Argan oil's health benefits have made it popular. It's known for reducing inflammation and fighting oxidation. People apply it to skin and take it in supplements. The oil lowers bad cholesterol, improving heart health. It's rich in oleic acid, beneficial for the heart. Argan oil may also help control blood sugar. This attracts health-conscious people and those with specific conditions. Increased awareness has expanded its audience. Now, it includes cosmetic users and those interested in dietary wellness.

• The expanding applications of argan oil across various industries:

Argan oil's versatility has made it popular in many industries. It's not just for personal care and health anymore. Now, it's also in the food sector, especially high-end cuisine. Chefs value its nutty flavor and health benefits. You can find argan oil in gourmet products like salad dressings and oils. These cater to a growing market that seeks premium, health-focused ingredients.

Moreover, the pharmaceutical industry is taking notice. It sees potential in argan oil for treating inflammation and aiding wound healing. This interest is pushing further research and development in its medicinal uses.

Argan Oil Market Report Segmentation:

Breakup By Type:

• Conventional

• Organic

Based on type, the market is bifurcated into conventional and organic.

Breakup By Form:

• Absolute

• Blend

• Concentrate

On the basis of form, the market is bifurcated into absolute, blend, and concentrate.

Breakup By Application:

• Personal Care and Cosmetics

• Medical

• Aromatherapy

• Food

• Home Cleaning

• Others

The application categorizes the market by use: personal care and cosmetics, medical, aromatherapy, food, home cleaning, and others.

Breakup By Distribution Channel:

B2B

B2C

• Supermarkets and Hypermarkets

• Specialty Stores

• Online Stores

Others

The market is segmented into B2B and B2C by the distribution channel. B2C includes supermarkets, hypermarkets, specialty stores, online stores, and others.

Breakup By Region:

• North America

• Asia-Pacific

• Europe

• Latin America

• Middle East and Africa

The market is segmented by region: North America (the U.S. and Canada); Europe (Germany, France, the UK, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.

Top Argan Oil Market Leaders:

The argan oil market report includes a detailed analysis of competitors and profiles major companies.

Key players include:

• 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.

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Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

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.

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