Almond Oil Market size was valued at USD 2.50 Bn. in 2022 and the market is expected to reach USD 5.54 Bn. by 2029, at a CAGR of 12%.
Almond Oil Market Overview:
A competitor's information is separated by the Almond Oil Market competitive landscape. The information includes a business overview, financials, revenue generated, market potential, investments in research and development, initiatives to enter new markets, regional presence, firm strengths and weaknesses, product introduction, product width and breadth, and application domination. The data previously mentioned only applies to the businesses focus on the Almond Oil Market.
Market Scope:
Recent advancements, trade restrictions, import-export analysis, production analysis, value chain optimisation, market share, the impact of domestic and localised market players, and other subjects are covered in this Almond Oil Market research.
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Segmentation:
In terms of product, the Sweet segment held a 67% market share in 2022. Increasing application in pharmaceuticals, personal care products, and cosmetics. A great source of copper, magnesium, phosphorus, and vitamin E is oil obtained from almonds. Additionally, it contains a lot of antioxidants, which support a healthy immune system and have anti-inflammatory qualities. It can be taken as a light pill and used to treat cancers of the mouth, bladder, uterus, and spleen. is frequently used in cosmetics, notably to treat dry, cracked, and inflammatory skin. These elements are fueling the segment's market expansion.
With a 39% market share in 2022, the Personal Care application category led the market. Governments all across the world have outlawed the use of dangerous chemicals, and natural components are now overwhelmingly favoured in cosmetics. These stringent government regulations encourage the use of almond oil in personal care products. Major manufacturers are implementing market tactics including new product releases and product innovations in response to the rising demand for wholesome and nutritious food ingredients and the rising consumer adoption of healthy lifestyles. These elements are fueling the market's segment growth.
Global Almond Oil Market, by Product (2022-2029)
• Sweet
• Bitter
Global Almond Oil Market, by Application (2022-2029)
• Personal Care
• Pharmaceuticals
• Food and Beverages
Global Almond Oil Market, by Distribution Channel (2022-2029)
• Hypermarkets & Supermarkets
• Food Specialty Stores
• Pharmacy
• Cosmetic Discounters
• Others
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
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Regional Analysis:
The report has assessed the global Almond Oil Market in the following regions:
- America, North (the United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
Key Questions answered in the Almond Oil Market Report are:
- Which key trends are likely to emerge in the Almond Oil Market in the forecast period?
- What will be the Almond Oil Market size by 2029?
- Which company had the biggest share in the Almond Oil Market in 2022?
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