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The global almond oil market reached a value of US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2027, exhibiting at a CAGR of 12.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Almond oil is a colorless or pale-yellow oil derived from the seeds of the Prunus dulcis tree, which is also known as the almond tree. It provides essential nutrients, such as fats, fiber, phytochemicals, vitamins, and minerals. It assists in boosting immunity, maintaining healthy cholesterol levels, and lowering the risks of diseases like cancer and heart problems. It has antibacterial, antifungal, anti-inflammatory, emollient and sclerosant properties that aids in improving the complexion and nourishing dry skin. Consequently, it is utilized in the manufacturing of personal care products across the globe.
There is currently a considerable rise in the application of almond oil in the pharmaceutical industry worldwide to produce various drugs. This can be accredited to their benefits, which include reducing irritable bowel syndrome (IBS) symptoms, elevating high-density lipoproteins (HDL) levels, and reducing incidences of colon cancer and low-density lipoproteins (LDP). Besides this, the rising awareness among individuals about the adverse impact of chemicals, such as parabens and phthalates, utilized in cosmetics represents another key factor strengthening the growth of the market. In addition to this, there is a significant rise in the need for natural and organic products with non-genetically modified organisms (GMO), plant-based ingredients, and clean labels, which, in turn, is contributing to market growth. Furthermore, leading market players are introducing new products and engaging in marketing campaigns, such as celebrity endorsements, to expand their overall sales, which is creating a favorable market outlook. Apart from this, the significant utilization of almond oil in the food and beverage (F&B) industry as a functional ingredient to manufacture various food products is driving the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global almond oil market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, application and distribution channel.
Breakup by Type:
Breakup by Application:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AOS Products Private Limited, Ashwin Fine Chemicals and Pharmaceuticals, Bajaj Consumer Care Ltd., Blue Diamond Growers Inc., Caloy Company LP, Dabur India Ltd, Eden Botanicals, ESI srl, Flora Manufacturing & Distributing Ltd., Liberty Vegetable Oil Company and Mountain Ocean Ltd.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Application, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||AOS Products Private Limited, Ashwin Fine Chemicals and Pharmaceuticals, Bajaj Consumer Care Ltd., Blue Diamond Growers Inc., Caloy Company LP, Dabur India Ltd, Eden Botanicals, ESI srl, Flora Manufacturing & Distributing Ltd., Liberty Vegetable Oil Company and Mountain Ocean Ltd|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global almond oil market was valued at US$ 2.1 Billion in 2021.
We expect the global almond oil market to exhibit a CAGR of 12.6% during 2022-2027.
The expanding utilization of almond oil in personal care products, owing to its antibacterial, antifungal,
anti-inflammatory, emollient, and sclerosant properties, is primarily driving the global almond oil
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
Based on the type, the global almond oil market can be segmented into sweet almond oil and bitter
almond oil. Currently, sweet almond oil holds the majority of the total market share.
Based on the application, the global almond oil market has been divided into food preparation,
cosmetics, pharmaceutical, and others. Among these, cosmetics currently exhibit a clear dominance in
Based on the distribution channel, the global almond oil market can be categorized into supermarkets
and hypermarkets, food specialty stores, pharmacy, cosmetic discounters, and others. Currently,
cosmetic discounters account for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global almond oil market include AOS Products Private Limited, Ashwin
Fine Chemicals and Pharmaceuticals, Bajaj Consumer Care Ltd., Blue Diamond Growers Inc., Caloy
Company LP, Dabur India Ltd, Eden Botanicals, ESI srl, Flora Manufacturing & Distributing Ltd., Liberty
Vegetable Oil Company, and Mountain Ocean Ltd.
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