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The latest report by IMARC Group, titled “Almond Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the almond oil market forecast. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global almond oil market size reached USD 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 6.9 Billion by 2032, exhibiting a growth rate (CAGR) of 10.7% during 2024-2032.
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Almond Oil Market Trends:
The global market is majorly driven by rising consumer awareness about the health benefits associated with almond oil. The increasing demand for natural and organic personal care products is also contributing to the expansion of the market. Moreover, the growing preference for plant-based oils in food products is enhancing its use in the culinary industry.
Furthermore, the popularity of aromatherapy and essential oils is driving demand, as almond oil is commonly used in these applications. Additionally, almond oil's widespread use in the pharmaceutical industry for its anti-inflammatory and antioxidant properties is further propelling market growth. Besides, the rising incidence of lifestyle-related diseases has pushed consumers to opt for healthier alternatives, which include almond oil. Furthermore, the shift towards sustainable and eco-friendly beauty products is creating opportunities for almond oil in the cosmetics industry.
Almond Oil Market Scope and Growth Analysis:
The global market is expanding due to applications of almond oil in various industries such as food and beverage, pharmaceuticals, and cosmetics. Furthermore, the increased demand for cold-pressed almond oil, valued for retaining its nutritional benefits, is another factor broadening the market scope. In addition, the shift towards natural ingredients in skincare and haircare products is encouraging the use of almond oil in formulations, further expanding its application range.
The market is also seeing growth from innovations in product development, such as blends with other oils and enhanced formulations. Moreover, the rise of e-commerce is playing a crucial role in facilitating product accessibility to a wider consumer base. As per the market analysis, these factors are helping to extend the scope of almond oil into new sectors and geographies, making it a versatile and highly sought-after product globally.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/almond-oil-market
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 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 (USA, Canada)
Europe (Germany, France, UK, Italy, Spain, Russia, others)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
Middle East/Africa
Latin America (Brazil, Mexico, others)
Key Highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
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