The Global Argan Oil Market size was USD 277.3 Million in 2021 and is expected to register a revenue CAGR of 11.0% during the forecast period. Increasing demand for beauty products among individuals and expansion of the cosmetics industry has increased the use of naturally extracted oils such as argan oil in various personal care products, which is driving market revenue growth. Anti-inflammatory and antioxidant properties in argan oil increase the use of this extract in skincare and hair care products. This is a significant ingredient in personal care products owing to its benefits for moisturizing skin, brightening skin, hair conditioning, and others. On 16 June 2022, 10 Moroccan engineering students announced the development of biodegradable cosmetic products, named ArgaCare, manufactured using recycled argan residues, which is helpful for reducing acne in acne-prone skin.
In addition, regional analysis and competitive landscape are covered in the report to offer clear picture of the market growth. Development policies and plans along with manufacturing processes and costs structures are covered in the report.
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Top Leading Players in Argan Oil Market:
PURUS International, Inc., Argane Aouzac, Arganisme Cosmetics, Arganfarm, ZINEGLOB, ARGANBULK, Kamakhya Bottlers, Malakbio, Essence Of Argan, and Saadia Organics.
Argan Oil Market Segmentation:
By Type Outlook,
By Form Outlook,
By Application Outlook,
- Personal Care Cosmetics
- Food Processing
- Cleaning Home
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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