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Global Argan Oil Market 2018-2022

Global Argan Oil Market 2018-2022

About Argan Oil

Argan oil is extracted from the kernel of argan fruit. Argan trees are widespread in Morocco. The increasing demand for non-timber products has essentially driven the need to preserve local conservatives. Argan trees are among those trees that have gained significant traction. The growing inclination of consumers toward bio-based and botanical ingredients in various products ranging from food: cosmetics, and pharmaceuticals is driving the demand for argan oil. The increasing use of argan oil in cosmetics is because of its rich properties that help in nourishing hair and skin. It is used in culinary applications because of its omega fatty acid content that helps in regulating cholesterol. Argan oil used as a food ingredient helps in fighting vitamin deficiency, low metabolism, and heart problems. Increasing use of argan oil in pharmaceutical products has prompted its global demand. These applications have led the manufacturers to develop new formulations using argan oil. In 2017, cosmetics was leading application segment. Growing awareness about the properties of argan oil is creating demand from the cosmetics segment.

Technavio’s analysts forecast the global argan oil market to grow at a CAGR of 20.03% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global argan oil market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of argan oil.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Argan Oil Market 2018-2022, 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
  • ARGANisme
  • Bios Agadir
  • Biopur
  • Nadifi Argan
  • ZineGlob SARL
Other prominent vendors
  • ARGATLAS
  • Kanta Enterprises
  • Mountain Dust
  • OLVEA
Market driver
  • Consumer preference toward natural products
  • For a full, detailed list, view our report
Market trend
  • Consumer preference toward natural products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Argan Oil Market 2018-2022

Technavio recognizes the following companies as the key players in the global argan oil market: ARGANisme, Bios Agadir, Biopur, Nadifi Argan, and ZineGlob SARL.

Other Prominent Vendors in the market are: ARGATLAS, Kanta Enterprises, Mountain Dust, and OLVEA.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is global penetration and merchandising. The growth of the global argan oil market is because of worldwide penetration. Though the high production capacity of argan oil is concentrated in Morocco; the consumption of Arm oil is spread globally. Increasing awareness and growing applications of argan oil are creating demand and increasing the global customer base. The penetration of gm oil in the cosmetics market is high. The use of argan oil in food for seasoning is growing as customers are becoming health-conscious and aware of the cholesterol levels that would impact their health. Distribution channels are also creating awareness about the availability of product variants, thus driving the global mall oil market.”

According to the report, one of the major drivers for this market is consumer preference toward natural products. The growing awareness about the benefits of gm, oil has commercialized its use in beauty products. An increasing preference of customers for botanical and herbal ingredients in cosmetics is likely to contribute to the growth of the global argan oil market. Commercialization of argan in the food and cosmetics sectors is driven by the changing habits of individuals. Increasing occurrences of health problems due to consumption of synthetic food have prompted the demand for natural products, thereby driving the demand for arm oil in the food industry.

Companies Mentioned

ARGANisme, Bios Agadir, Biopur, Nadifi Argan, ZineGlob SARL, ARGATLAS, Kanta Enterprises, Mountain Dust, and OLVEA.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Related market
      • Table Global natural oils market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ millions)
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Cosmetics - Market size and forecast 2017-2022
      • Table Cosmetics - Market size and forecast 2017-2022 ($ millions)
      • Table Cosmetics - Year-over-year growth 2018-2022 (%)
    • Food - Market size and forecast 2017-2022
      • Table Food - Market size and forecast 2017-2022 ($ millions)
      • Table Food - Year-over-year growth 2018-2022 (%)
    • Pharmaceutical - Market size and forecast 2017- 2022
      • Table Pharmaceutical - Market size and forecast 2017-2022 ($ millions)
      • Table Pharmaceutical - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ millions)
      • Table EMEA- Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Americas- Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ millions)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ millions)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Global penetration and merchandising
    • Increasing demand from pharmaceutical industry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ARGANisme
      • Table ARGANisme overview
      • Table ARGANisme - Business segments
      • Table ARGANisme - Organizational developments (2016 till date of research)
      • Table ARGANisme - Geographic focus
      • Table ARGANisme - Segment focus
      • Table ARGANisme - Key offerings (for market in focus)
    • Bios Agadir
      • Table Bios Agadir overview
      • Table Bios Agadir - Business segments
      • Table Bios Agadir - Organizational developments (2016 till date of research)
      • Table Bios Agadir - Geographic focus
      • Table Bios Agadir - Segment focus
      • Table Bios Agadir - Key offerings (for market in focus)
    • Biopur
      • Table Biopur overview
      • Table Biopur - Business segments
      • Table Biopur - Organizational developments (2016 till date of research)
      • Table Biopur - Geographic focus
      • Table Biopur - Segment focus
      • Table Biopur - Key offerings (for market in focus)
    • Nadifi Argan
      • Table Nadifi Argan overview
      • Table Nadifi Argan - Business segments
      • Table Nadifi Argan - Organizational developments (2016 till date of research)
      • Table Nadifi Argan - Geographic focus
      • Table Nadifi Argan - Segment focus
      • Table Nadifi Argan - Key offerings (for market in focus)
    • ZineGlob SARL
      • Table ZineGlob SARL overview
      • Table ZineGlob SARL - Business Segments
      • Table ZineGlob SARL - Organizational developments (2016 till date of research)
      • Table ZineGlob SARL - Geographic focus
      • Table ZineGlob SARL - Segment focus
      • Table ZineGlob SARL - Key offerings (for market in focus)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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