Argan Oil Market, Global Outlook and Forecast 2022-2028
Argan oil is a plant oil produced from the kernels of the argan tree (Argania spinosa L.) that is endemic to Morocco. In Morocco, argan oil is used to dip bread in at breakfast or to drizzle on couscous or pasta. It is also used for cosmetic purposes.
This report contains market size and forecasts of Argan Oil in global, including the following market information:
- Global Argan Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Argan Oil Market Sales, 2017-2022, 2023-2028, (K MT)
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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The global Argan Oil market was valued at 1174.6 million in 2021 and is projected to reach US$ 2922.1 million by 2028, at a CAGR of 13.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Food Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Argan Oil include ARGANisme, Bios Agadir, Biopur, Nadifi Argan, ZineGlob SARL, ARGATLAS, Kanta Enterprises, Mountain Dust and OLVEA. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Argan Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Argan Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Argan Oil Market Segment Percentages, by Type, 2021 (%)
- Food Grade
- Pharmaceutical Grade
Global Argan Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Argan Oil Market Segment Percentages, by Application, 2021 (%)
- Cosmetics
- Food
- Pharmaceutical
Global Argan Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Argan Oil Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Argan Oil revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Argan Oil revenues share in global market, 2021 (%)
- Key companies Argan Oil sales in global market, 2017-2022 (Estimated), (K MT)
- Key companies Argan Oil sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- ARGANisme
- Bios Agadir
- Biopur
- Nadifi Argan
- ZineGlob SARL
- ARGATLAS
- Kanta Enterprises
- Mountain Dust
- OLVEA
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