Global Argan Oil Market Review and Forecasts 2019-2026

Global Argan Oil Market Review and Forecasts 2019-2026

Bharat Book Bureau Provides the Trending Market Research Report on“Global Argan Oil Market Size study, By Type, By Application and Regional Forecasts 2019-2026�under Consumers Goods Category.The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Global Argan Oil Market is valued approximately at USD 445.1 Million in 2018 and is anticipated to grow with a healthy growth rate of more than 6.92 % over the forecast period 2019-2026. Argan oil is a plant oil extracted from the seeds of the argan tree which are majorly found in Morocco. Argan oil finds applications in medical, cosmetics, hair, skin and make-up products. Furthermore, argan oil has properties such as presence of fatty acids namely omega-6 and omega-3, lupeol, triterpenoids and other nutrients and vitamins offers opportunity for the oil to be used in various products.

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The growth of the market is attributed owing to the rising demand from various end-user sectors and miraculous health benefits offered by argan oil. As argan oil is widely preferred in skin care products as it controls drying & elasticity loss of skin, make skin suppler and tones and delay wrinkles. Thus, growth in the personal care market is likely to spur the demand for argan oil across the globe.

For Instance: as per the Cosmetics Europe, The European Trade Association for the cosmetic and personal care industry, the European market grew by 1.3% in 2018 to reach around $83.76 billion, which makes the region the largest market for cosmetic and personal care products in the world. Since, this oil is most commonly used as a skin moisturizer to soften and hydrate skin. However, limited number of argan trees is expected to impede the growth of the market over the forecast period.

The regional analysis of global Argan Oil market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is expected to hold a notable share in the world in terms of revenue owing to the increasing beauty consciousness and presence of prominent market players using argan oil in personal care and food products in the region.

Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period. Factors such as growing application of argan oil in antiaging product formulation, growing consumer awareness and availability of argan oil products through online and franchise outlets would create lucrative growth aspects for the Asia-Pacific region during the forecast period of 2019-2026.

Major market player included in this report are: OLVEA Morocco ZineGlob Biopur Nadifi Argan Argania Arganisme Cosmetics Brenntag Specialities Inc. Aura Cacia Sidi Yassine

Argan Oil Morocco Simply Agadir The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type: Cosmetic Argan Oil Culinary Argan Oil

By Application: Food Cosmetics Medical

By Region: North America U.S. Canada Europe UK Germany Asia Pacific China

India Japan Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year – 2016, 2017 Base year – 2018 Forecast period – 2019 to 2026 Target Audience of the Global Argan Oil Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors Browse our full report with Table of Content : https://www.bharatbook.com/marketreports/global-argan-oil-market-sizestudy-by-type-by-application-and-regional-forecasts-2019-2026/2005452 About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 12,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.

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