According to IMARC Group latest report titled “Almond Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on almond oil industry share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.The global almond oil market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2032, exhibiting a growth rate (CAGR) of 10.7% during 2024-2032.
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Market Trends:
The global market is primarily fueled by the growing product popularity in skincare and beauty products, leading to increased consumer demand. In line with this, the adoption of almond oil in gourmet cooking and specialty food items is providing an impetus to the market. Moreover, the rising trend of clean label products is acting as a significant growth-inducing factor. In addition to this, advancements in cold-press extraction technologies are enabling higher yield and better quality, thus creating more opportunities in the market. Besides this, the increased awareness about the benefits of natural over synthetic ingredients is influencing the market positively. Some of the other factors influencing the market include changing consumer preferences towards health and wellness, cultural shifts that embrace natural beauty solutions, the influence of social media on lifestyle choices, and extensive research and development activities aimed at diversifying product applications.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AOS Products Private Limited
Ashwin Fine Chemicals and Pharmaceuticals
Bajaj Consumer Care Ltd.
Blue Diamond Growers Inc.
Caloy Company LP
Dabur India Ltd
Eden Botanicals
ESI srl
Flora Manufacturing & Distributing Ltd.
Liberty Vegetable Oil Company
Mountain Ocean Ltd
Almond Oil Market Segmentation:
Our report has categorized the market based on region, type, application and distribution channel.
Breakup by Type:
Sweet Almond Oil
Bitter Almond Oil
Breakup by Application:
Food Preparation
Cosmetics
Pharmaceutical
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Food Specialty Stores
Pharmacy
Cosmetic Discounters
Others
Breakup by Region:
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, Other)