Argan Oil Market Overview | Growth and Dynamics | Forecast To 2022
“Global Argan Oil Market report includes in-depth analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment and future outlook.”
Global Argan Oil Market is predicted to reach USD 1.79 billion by 2022 owing to the increase in demand for luxury cosmetics and growing consumer inclination towards organic ingredients. Argan oil is a natural material extracted from the oleaginous almond of Argan tree, which is rich in fatty acids, and other important nutrients beneficial for human health. Over the years, argan oil is emerging as a food delicacy and as an anti-aging skin cosmetic product. It is found in specialty shops in both rural and urban markets in Europe and is known by a lesser population. Additionally, there are numerous internet websites, which deal in argan products through online. However, the oil is regarded as ‘world’s most expensive vegetable oil’. The growing acceptance for argan oil in the skin and food industry is expected to drive argan oil market with a CAGR of 19.6% in the forecast period. The growing health awareness among consumers regarding healthy oils majorly impacts the market. The wide applications of this oil in multiple industries is also fueling argan oil industry globally. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/argan-oil-market/request-sample