Almond Oil Market: Global Industry Analysis and Forecast (2023-2029) by Product, Application and Region

Almond Oil Market size was valued at US$ 2.50 Bn. in 2022 and the market is expected to reach US$ 5.54 Bn. by 2029, at a CAGR of 12%.

Almond Oil Market Overview:

The cold-pressed process is used to extract almond oil from the kernels of the Prunus Dulcis tree. The height of an almond oil tree is usually between three and six meters. Almond trees thrive on sunny slopes between 700 and 1800 meters in elevation, and they prefer stony soil. An Almond oil is high in minerals, proteins, vitamin E, and vital fatty acids, and it comes from almond trees. This oil is particularly abundant in Oleic acid, a monounsaturated fatty acid. Almond oil is helpful in the treatment of skin conditions such as acne and eczema.Almond Oil MarketTo know about the Research Methodology :- Request Free Sample Report

Almond Oil Market Dynamics:

Customers' awareness of health and nutrition has increased, and demand for natural and organic products such as GMO-free plant-derived ingredients and clean labels has increased. In addition, lifestyle changes and improved living standards have opened new product avenues in emerging countries such as India and China. Enforcement of strict regulations, such as the ban on toxic chemicals in cosmetics, and supportive efforts to use organic and natural ingredients in the formulation of personal care products open up new opportunities for market participants. Almond oil is an excellent source of vitamin E, omega fatty acids, and minerals. It is also a rich source of plant sterols and unsaturated fatty acids, providing excellent moisturizing properties that are extremely beneficial for aromatherapy applications. Leading manufacturers are bringing new products to market to meet growing customer demand. Lifestyle changes and rising disposable income are other factors that complement the growth of the almond oil market. Increasing demand from emerging economies such as China and India, as well as government regulations supporting the use of natural and organic ingredients in cosmetic formulations, are offering great opportunities for market growth. Due to its excellent lubricant is widely used in the treatment of dry and sensitive skin. Bitter almond oil is toxic and toxic and is widely used to eradicate bacteria, viruses, and fungi, but its natural skin softening properties smooth, soothe and protect flaky or worn skin. Therefore, it is also beneficial for allergies and skin inflammation. Even cancer infection. These are the factors driving the demand for almond oil in the market around the world. Market trends and challenges are analyzed and compiled in the report. The data of 2020 is considered for a better understanding of the client. Moreover, Analytics of the market is based on real numbers of past years from 2018 to 2022 with market forecast until 2029.

Almond Oil Market Segment Analysis:

By Product, the Sweet segment dominated the market with a 67% share in 2022. Increasing use in cosmetics, personal care, and pharmaceuticals. Almond-derived oils are an excellent source of copper, magnesium, phosphorus, and vitamin E. It is also rich in antioxidants that help boost the immune system and have anti-inflammatory properties. It can be used as a mild pill and as a treatment for breast, bladder, uterine, spleen, and oral cancers. Widely used in cosmetics, especially for the treatment of dry, cracked, and inflamed skin. These factors are driving the market growth of the segment. The bitter segment is expected to grow at a CAGR of 5.4% through the forecast period. This variant contains toxic chemicals that have been purified to remove these harmful components prior to use. This type of almond oil has several health benefits. It is an effective laxative that suppresses the growth of fungi, relieves pain and cramps, kills intestinal parasites and bacteria, and has a sedative effect. Once the toxins are removed, the product can also be used for edible flavoring. These factors are expected to drive the growth of the segment in the market through the forecast period. By Application, the Personal Care segment dominated the market with a 39% share in 2022. Natural ingredients are widely preferred in cosmetics, and governments around the world have banned the use of harmful chemicals. These strict government policies support the growth of almond oil in personal care. With the increasing demand for nutritious and healthy food ingredients and increasing consumer adoption of healthy lifestyles, major manufacturers are adopting market strategies such as new product launches and product innovations. These factors are driving the segment growth in the market. The pharmaceuticals segment is expected to grow at a CAGR of 7 % through the forecast period. Almond oil available in pharmacies has been dermatologically tested and is suitable for use on sensitive/sensitive skin, as pharmacy products should be more reliable. While solid oils are carrier oils that are widely used as base oils in a variety of applications, essential oils are extracts from plant materials and are commonly used in scents and aromatherapy. Pharmacy brand almond oil is primarily used in the manufacture of face oils, body oils, massage oils, baby oils, and aromatherapy products. Sweet almond oil is known as solid oil, while bitter almond oil is recognized as an essential oil. These factors are expected to drive the growth of the segment through the forecast period.

Regional Insights:

Europe region dominated the market with a 36 % share in 2022. Almonds are becoming more and more popular in European countries such as Germany, France, and the United Kingdom due to their gluten-free properties, which will increase the use of products in a variety of applications such as baked goods, snacks, and breakfast cereals. European food processors are utilizing this functional ingredient in the production of a variety of food products due to its crispness, attractive taste, and stable supply. These factors are driving the growth of the product in this region. Asia Pacific region is expected to grow at a CAGR of 11.7 % through the forecast period. Leading manufacturers are pursuing a variety of marketing strategies, including new product launches, product innovations, marketing campaigns, and celebrity support to increase product awareness to potential customers in this region. These factors are expected to drive the market growth of almond oil in this region through the forecast period. The objective of the report is to present a comprehensive analysis of the Almond Oil market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Almond Oil market dynamics, structure by analyzing the market segments and project the Almond Oil market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Almond Oil market make the report investor’s guide.

Almond Oil Market Scope: Inquiry Before Buying

Almond Oil Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 2.50 Bn.
Forecast Period 2023 to 2029 CAGR: 12% Market Size in 2029: US $ 5.54 Bn.
Segments Covered: by Product Sweet Bitter
by  Application Personal Care Pharmaceuticals Food and Beverages
by Distribution Channel Hypermarkets & Supermarkets Food Specialty Stores Pharmacy Cosmetic Discounters Others

Almond Oil Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

Almond Oil Market Key Players

1.AOS Products Private Limited 2.Ashwin Fine Chemicals & Pharmaceuticals 3.Blue Diamond Growers, Inc. 4.Caloy Quality Natural Oils 5.Eden Botanicals 6.Jiangxi Baicao Pharmaceutical Co., Ltd. 7.Jiangxi Xuesong Natural Medicinal Oil Co., Ltd. 8.Liberty Vegetable Oil Company 9.Mountain Ocean 10.Now Foods 11.Proteco Oils 12.Aak 13.Frontier Natural Products 14.Flora 15.Proteco 16.Bajaj 17.Dabur 18.Esi 19.Grupopilimon 20.Huilesbertin 21.Humco Compounding 22.K.K. Enterprise 23.Mountain Ocean 24.Now Foods Oliofora 25. Provital Group FAQ: 1] What segments are covered in the Almond Oil Market report? Ans. The segments covered in the Almond Oil Market report are based on Product and Application. 2] Which region is expected to hold the highest share in the Almond Oil Market? Ans. Asia Pacific Region is expected to hold the highest share in the Almond Oil Market. 3] What is the market size of the Almond Oil Market by 2029? Ans. The market size of the Almond Oil Market by 2029 is US $ 5.54 Bn. 4] Who are the top key players in the Almond Oil Market? Ans. AOS Products Private Limited, Ashwin Fine Chemicals & Pharmaceuticals, Blue Diamond Growers, Inc., Caloy Quality Natural Oils, Eden Botanicals, Jiangxi Baicao Pharmaceutical Co. Ltd., Jiangxi Xuesong Natural Medicinal Oil Co. Ltd., Liberty Vegetable Oil Company, Mountain Ocean, Now Foods, Proteco Oils, Aak, Frontier Natural Products, Flora, Proteco, Bajaj, Dabur, Esi, Grupopilimon, Huilesbertin, Humco Compounding, K.K. Enterprise, Mountain Ocean, Now Foods Oliofora, Provital Group. 5] What was the market size of the Almond Oil Market in 2022? Ans. The market size of the Almond Oil Market in 2022 was US $ 2.50Bn.
1. Global Almond Oil Market: Research Methodology 2. Global Almond Oil Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Almond Oil Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Almond Oil Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Almond Oil Market Segmentation 4.1 Global Almond Oil Market, by Product (2022-2029) • Sweet • Bitter 4.2 Global Almond Oil Market, by Application (2022-2029) • Personal Care • Pharmaceuticals • Food and Beverages 4.3 Global Almond Oil Market, by Distribution Channel (2022-2029) • Hypermarkets & Supermarkets • Food Specialty Stores • Pharmacy • Cosmetic Discounters • Others 5. North America Almond Oil Market(2022-2029) 5.1 North America Almond Oil Market, by Product (2022-2029) • Sweet • Bitter 5.2 North America Almond Oil Market, by Application (2022-2029) • Personal Care • Pharmaceuticals • Food and Beverages 5.3 North America Almond Oil Market, by Distribution Channel (2022-2029) • Hypermarkets & Supermarkets • Food Specialty Stores • Pharmacy • Cosmetic Discounters • Others 5.4 North America Almond Oil Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Almond Oil Market (2022-2029) 6.1. European Almond Oil Market, by Product (2022-2029) 6.2. European Almond Oil Market, by Application (2022-2029) 6.3. European Almond Oil Market, by Distribution Channel (2022-2029) 6.4. European Almond Oil Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Almond Oil Market (2022-2029) 7.1. Asia Pacific Almond Oil Market, by Product (2022-2029) 7.2. Asia Pacific Almond Oil Market, by Application (2022-2029) 7.3. Asia Pacific Almond Oil Market, by Distribution Channel (2022-2029) 7.4. Asia Pacific Almond Oil Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Almond Oil Market (2022-2029) 8.1 Middle East and Africa Almond Oil Market, by Product (2022-2029) 8.2. Middle East and Africa Almond Oil Market, by Application (2022-2029) 8.3. Middle East and Africa Almond Oil Market, by Distribution Channel (2022-2029) 8.4. Middle East and Africa Almond Oil Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Almond Oil Market (2022-2029) 9.1. South America Almond Oil Market, by Product (2022-2029) 9.2. South America Almond Oil Market, by Application (2022-2029) 9.3. South America Almond Oil Market, by Distribution Channel (2022-2029) 9.4 South America Almond Oil Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 AOS Products Private Limited 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Ashwin Fine Chemicals & Pharmaceuticals 10.3 Blue Diamond Growers, Inc. 10.4 Caloy Quality Natural Oils 10.5 Eden Botanicals 10.6 Jiangxi Baicao Pharmaceutical Co., Ltd. 10.7 Jiangxi Xuesong Natural Medicinal Oil Co., Ltd. 10.8 Liberty Vegetable Oil Company 10.9 Mountain Ocean 10.10 Now Foods 10.11 Proteco Oils 10.12 Aak 10.13 Frontier Natural Products 10.14 Flora 10.15 Proteco 10.16 Bajaj 10.17 Dabur 10.18 Esi 10.19 Grupopilimon 10.20 Huilesbertin
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