2018-2023 Global Sweet Almond Oil Consumption Market Report
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Sweet Almond Oil market for 2018-2023.
Almond oil is the oil extracted from almonds. It is a kind of pale yellow oily liquid with minimum odor at room temperature. It is mainly used for food, cosmetics and others. In this report we main static the almond oil that not contain any additives.
California produces 82% of the globe's almonds, harvesting about 1000,000 acres of the tree nut across a 400-mile stretch from northern Tehama County to southern Kern County. Fueling the boom is robust foreign demand, particularly from emerging consumer markets like China and India, where the industry has been promoting almonds as a healthful snack. Most of almond is consumed as food. Almonds production and price trend will directly affect the industry. Due to the strong demand in the cosmetics industry, sweet almond oil is rapidly developing as a further processed product of almond. As we know, the world's leading cosmetics companies L'oreal, Beiersdorf, SHISEIDO and Estee Lauder are direct downstream clients in this industry.
The United States is the world's largest producer of sweet almond oil. Every year, 60%-75% sweet almond oil of United States manufacturer exports to Europe and Asia Pacific. In Europe, especially France and Germany, is the world's largest consumption region of sweet almond oil, which hold 58% global sales market share.
The world's major consumption regions are the France, Germany, United Kingdom, Japan and the United States. Cosmetic companies are the world's major downstream customers. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. Consumption in China and many developing countries is very small, and there still have great potential in these markets.
Over the next five years, LPI(LP Information) projects that Sweet Almond Oil will register a -0.4% CAGR in terms of revenue, reach US$ 150 million by 2023, from US$ 160 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Sweet Almond Oil market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Nonpareil Almond Oil
California Almond Oil
Mission Almond Oil
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Natural Oils International
AAK Natural Oils
Uğurluoğlu Vegetable Oil
K. K. Enterprise
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Sweet Almond Oil consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Sweet Almond Oil market by identifying its various subsegments.
Focuses on the key global Sweet Almond Oil manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sweet Almond Oil with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sweet Almond Oil submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.