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Global Almond Oil Market 2017-2021

Global Almond Oil Market 2017-2021

About Almond Oil

Almond oil is an essential oil extracted from almonds and is used for cosmetic preparations, flavoring, and medicinal purposes. There are two types of almond oil: sweet almond oil and bitter almond oil. Sweet almond oil: It is a colorless or pale yellow fatty oil extracted from the seeds of sweet almond. They are used in preparing perfumes and confections. Bitter almond oil: It is a colorless or yellow, poisonous oil prepared by steam distillation of the almond meal of bitter almond seeds. It is used primarily in the manufacture of cosmetics, medicines, and perfumes.

Technavio’s analysts forecast the global almond oil market to grow at a CAGR of 12.62% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global almond oil market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Almond Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AAK
  • Frontier Natural Products (Aura Cacia)
  • Flora
  • Oil Seed Extractions
  • Proteco
Other prominent vendors
  • Bajaj
  • Caloy
  • Dabur
  • ESI
  • Grupo Plimon
  • Huiles Bertin
  • Humco Compounding
  • K. K. Enterprise
  • Mountain Ocean
  • NOW Foods
  • OLIOFORA
  • Provital Group
Market driver
  • Increasing usage of almond oil
  • For a full, detailed list, view our report
Market challenge
  • Fluctuation of almond prices
  • For a full, detailed list, view our report
Market trend
  • Growing preference for online shopping
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Almond Oil Market 2017-2021

Technavio recognizes the following companies as the key players in the global almond oil market: AAK, Frontier Natural Products (Aura Cacia), Flora, Oil Seed Extractions (OSE) and Proteco.

Other Prominent Vendors in the market are: Bajaj, Caloy, Dabur, ESI, Grupo Plimon, Huiles Bertin, Humco Compounding, K. K. Enterprise, Mountain Ocean, NOW Foods, OLIOFORA and Provital Group.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing preference for online shopping. With the growth of e-commerce businesses worldwide, the vendors have the potential to increase their profitability; e-commerce accounts for approximately 12% of the world’s retail trade. Online and e-commerce channels support both business-to-business (B2B) and business-to-consumer (B2C) operations.”

According to the report, one driver in the market is increasing availability in modern retailing channels. Organized retailers have grown worldwide with the establishment of supermarkets, hypermarkets, and specialty stores. Essential oils such as almond oil are primarily sold by large organized retailers, as vendors in the market are highly dependent on large organized retailers. Supermarkets is a major distribution channel that supplies essential oils such as almond oil. Given the rise in population, the demand for these supermarkets is also growing. On an average user on a trip to a supermarket spends $30 per trip.

Further, the report states that one challenge in the market is low awareness rate. The lack of awareness about essential oils is restricting the growth of the market. The popularity of major essential oils like almond oil is mostly limited to North America and Europe, while in APAC, Africa, and the Middle East, its penetration rate is low. In most developing nations in these regions, the penetration of almond oil is low owing to the low affordability and awareness in these regions. Also, the people here are reluctant to purchase the product as it is not considered to be a necessity. Also, the product visibility and availability are low, attributed largely to the poor distribution network.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-food-global-almond-oil-market-2017-2021

Companies Mentioned

AAK, Frontier Natural Products (Aura Cacia), Flora, Oil Seed Extractions (OSE), Proteco, Bajaj, Caloy, Dabur, ESI, Grupo Plimon, Huiles Bertin, Humco Compounding, K. K. Enterprise, Mountain Ocean, NOW Foods, OLIOFORA and Provital Group.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Almond oil: General applications
    • Market overview
      • Table Global almond oil market segmentation
      • Table Global essential oils market: Overview 2016
    • Global essential oils market
      • Table Global essential oils market 2016-2021 ($ billions)
    • Global almond oil market
      • Table Global almond oil market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global almond oil market by product
      • Table Global almond oil market by product 2016 and 2021 (% share)
    • Global sweet almond oil market
      • Table Global sweet almond oil market 2016-2021 ($ billions)
    • Global bitter almond oil market
      • Table Global bitter almond oil market 2016-2021 ($ billions)
  • Market segmentation by application
    • Global almond oil market by application
      • Table Global almond oil market by application 2016 and 2021 (% share)
    • Global almond oil market in cosmetics industry
      • Table Global almond oil market in cosmetics industry 2016-2021 ($ billions)
    • Global almond oil market in food industry
      • Table Global almond oil market in food industry 2016-2021 ($ billions)
  • Geographical segmentation
    • Global almond oil market by geography
      • Table Global almond oil market by geography 2016 and 2021 (% share)
    • Almond oil market in Americas
      • Table Almond oil market in Americas 2016-2021 ($ billions)
    • Almond oil market in EMEA
      • Table Almond oil market in EMEA 2016-2021 ($ billions)
    • Almond oil market in APAC
      • Table Almond oil market in APAC 2016-2021 ($ billions)
  • Key leading countries
    • Table Key leading countries by market share 2016
    • US
      • Table Almond oil market in US 2016-2021 ($ billions)
    • Germany
      • Table Almond oil market in Germany 2016-2021 ($ billions)
    • Japan
      • Table Almond oil arket in Japan 2016-2021 ($ billions)
    • China
      • Table Almond oil market in China 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Various benefits of almond oil
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Supply of almonds 2012-2016 (billion pounds)
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • New product launches
    • Growing preference for online shopping
      • Table Global internet penetration rate 2016
    • Clean labeling
  • Vendor landscape
    • Table Key vendors of global almond oil market
    • Table Competitive assessment 2016
  • Key vendor analysis
    • AAK
      • Table AAK: Product portfolio
    • Frontier Natural Products (Aura Cacia)
      • Table Aura Cacia: Product segmentation
      • Table Aura Cacia: Product segmentation
    • Flora
      • Table Flora: Product segmentation
    • Oil Seed Extractions (OSE)
      • Table OSE: Products
    • Proteco
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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