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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Argan Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global argan oil market grew at a CAGR of around 11% during 2015-2020. Argan oil refers to an organic compound extracted from the kernels of the Argan tree. It is a rich source of vitamin A and E, antioxidants, triterpenoids and omega-6 fatty and linoleic acids. The oil is commercially produced in concentrated, absolute and blended variants, which are used in culinary and cosmetic applications. It can either be applied topically or ingested in the form of a supplement capsule to provide various health benefits, such as treating acne, skin irritation, stretch marks and signs of aging and moisturizing the skin. As a result, the oil is widely used as a key ingredient in various premium-quality personal care products, including lotions, creams, shampoos, soaps and conditioners.

The global argan oil market is primarily being driven by the increasing product utilization in the cosmetic and food and beverage industries. Argan oil is widely used in the manufacturing of various baked products and dairy and frozen desserts across the globe. Furthermore, the widespread adoption of argon oil in the production of pharmaceutical and nutraceutical products is also driving the market growth. Argan oil exhibits various anti-inflammatory, anti-proliferative, antioxidant and analgesic properties, due to which it is extensively being used to produce drugs and medicines for skin-related and other medical conditions. Additionally, various product innovations, such as the launch of organic argan oil packaged in recyclable containers, are acting as other growth-inducing factors. In line with this, it is harvested by using bio-based fertilizers, green manure, bone meal and compost manure for sustainable cultivation and sourcing of the oil. Other factors, including increasing utilization of argan oil in aromatherapy, along with rising expenditure capacities of the consumers, are anticipated to drive the market further. Looking forward, IMARC Group expects the global argan oil market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global argan oil market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, form, application and distribution channel.

Breakup by Type:

  • Conventional
  • Organic
     

Breakup by Form:

  • Absolute
  • Blend
  • Concentrate
     

Breakup by Application:

  • Personal Care and Cosmetics
  • Medical
  • Aromatherapy
  • Food
  • Home Cleaning
  • Others
     

Breakup by Distribution Channel:

  • B2B
  • B2C
    • Supermarkets and Hypermarkets
    • Specialty Stores
    • Online Stores
    • Others
       

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arganbulk, Argane Aouzac, Arganfarm sarl. au., ARGANisme, Kamakhya Bottlers, Konouz Rayyan (PURUS International), Lipidine, Malakbio, OLVEA Morocco, Organica Group Ltd., Zidrop Argan Oil and Zineglob Ltd.

Key Questions Answered in This Report:

  • How has the global argan oil market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global argan oil market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global argan oil market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology
    2.1   Objectives of the Study
    2.2   Stakeholders
    2.3   Data Sources
        2.3.1   Primary Sources
        2.3.2   Secondary Sources
    2.4   Market Estimation
        2.4.1   Bottom-Up Approach
        2.4.2   Top-Down Approach
    2.5   Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1   Overview
    4.2   Key Industry Trends
5   Global Argan Oil Market
    5.1   Market Overview
    5.2   Market Performance
    5.3   Impact of COVID-19
    5.4   Market Forecast
6    Market Breakup by Type
    6.1   Conventional
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2   Organic
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Form
    7.1   Absolute
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2   Blend
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3   Concentrate
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Application
    8.1   Personal Care and Cosmetics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2   Medical
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3   Aromatherapy
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4   Food
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5   Home Cleaning
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6   Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Distribution Channel
    9.1   B2B
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2   B2C
        9.2.1   Major Channels
           9.2.1.1   Supermarkets and Hypermarkets
           9.2.1.2   Specialty Stores
           9.2.1.3   Online Stores
           9.2.1.4   Others
        9.2.2   Market Forecast
10    Market Breakup by Region
    10.1   North America
        10.1.1   United States
            10.1.1.1 Market Trends
            10.1.1.2 Market Forecast
        10.1.2   Canada
            10.1.2.1 Market Trends
            10.1.2.2 Market Forecast
    10.2   Asia-Pacific
        10.2.1   China
            10.2.1.1 Market Trends
            10.2.1.2 Market Forecast
        10.2.2   Japan
            10.2.2.1 Market Trends
            10.2.2.2 Market Forecast
        10.2.3   India
            10.2.3.1 Market Trends
            10.2.3.2 Market Forecast
        10.2.4   South Korea
            10.2.4.1 Market Trends
            10.2.4.2 Market Forecast
        10.2.5   Australia
            10.2.5.1 Market Trends
            10.2.5.2 Market Forecast
        10.2.6   Indonesia
            10.2.6.1 Market Trends
            10.2.6.2 Market Forecast
        10.2.7   Others
            10.2.7.1 Market Trends
            10.2.7.2 Market Forecast
    10.3   Europe
        10.3.1   Germany
            10.3.1.1 Market Trends
            10.3.1.2 Market Forecast
        10.3.2   France
            10.3.2.1 Market Trends
            10.3.2.2 Market Forecast
        10.3.3   United Kingdom
            10.3.3.1 Market Trends
            10.3.3.2 Market Forecast
        10.3.4   Italy
            10.3.4.1 Market Trends
            10.3.4.2 Market Forecast
        10.3.5   Spain
            10.3.5.1 Market Trends
            10.3.5.2 Market Forecast
        10.3.6   Russia
            10.3.6.1 Market Trends
            10.3.6.2 Market Forecast
        10.3.7   Others
            10.3.7.1 Market Trends
            10.3.7.2 Market Forecast
    10.4   Latin America
        10.4.1   Brazil
            10.4.1.1 Market Trends
            10.4.1.2 Market Forecast
        10.4.2   Mexico
            10.4.2.1 Market Trends
            10.4.2.2 Market Forecast
        10.4.3   Others
            10.4.3.1 Market Trends
            10.4.3.2 Market Forecast
    10.5   Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1   Overview
    11.2   Strengths
    11.3   Weaknesses
    11.4   Opportunities
    11.5   Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1   Overview
    13.2   Bargaining Power of Buyers
    13.3   Bargaining Power of Suppliers
    13.4   Degree of Competition
    13.5   Threat of New Entrants
    13.6   Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1   Market Structure
    15.2   Key Players
    15.3   Profiles of Key Players
        15.3.1   Arganbulk
            15.3.1.1 Company Overview
            15.3.1.2 Product Portfolio
        15.3.2   Argane Aouzac
            15.3.2.1 Company Overview
            15.3.2.2 Product Portfolio
        15.3.3   Arganfarm sarl. au.
            15.3.3.1 Company Overview
            15.3.3.2 Product Portfolio
        15.3.4   ARGANisme
            15.3.4.1 Company Overview
            15.3.4.2 Product Portfolio
        15.3.5   Kamakhya Bottlers
            15.3.5.1 Company Overview
            15.3.5.2 Product Portfolio
        15.3.6   Konouz Rayyan (PURUS International)
            15.3.6.1 Company Overview
            15.3.6.2 Product Portfolio
        15.3.7   Lipidine
            15.3.7.1 Company Overview
            15.3.7.2 Product Portfolio
        15.3.8   Malakbio
            15.3.8.1 Company Overview
            15.3.8.2 Product Portfolio
        15.3.9   OLVEA Morocco
            15.3.9.1 Company Overview
            15.3.9.2 Product Portfolio
        15.3.10   Organica Group Ltd.
            15.3.10.1 Company Overview
            15.3.10.2 Product Portfolio
        15.3.11   Zidrop Argan Oil
            15.3.11.1 Company Overview
            15.3.11.2 Product Portfolio
        15.3.12   Zineglob Ltd.
            15.3.12.1 Company Overview
            15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Argan Oil Market: Major Drivers and Challenges
Figure 2: Global: Argan Oil Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Global: Argan Oil Market: Breakup by Type (in %), 2020
Figure 5: Global: Argan Oil Market: Breakup by Form (in %), 2020
Figure 6: Global: Argan Oil Market: Breakup by Application (in %), 2020
Figure 7: Global: Argan Oil Market: Breakup by Distribution Channel (in %), 2020
Figure 8: Global: Argan Oil Market: Breakup by Region (in %), 2020
Figure 9: Global: Argan Oil (Conventional) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Argan Oil (Conventional) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Argan Oil (Organic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Argan Oil (Organic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Argan Oil (Absolute) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Argan Oil (Absolute) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Argan Oil (Blend) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Argan Oil (Blend) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Argan Oil (Concentrate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Argan Oil (Concentrate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Argan Oil (Personal Care and Cosmetics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Argan Oil (Personal Care and Cosmetics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Argan Oil (Medical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Argan Oil (Medical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Argan Oil (Aromatherapy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Argan Oil (Aromatherapy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Argan Oil (Food) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Argan Oil (Food) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Argan Oil (Home Cleaning) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Argan Oil (Home Cleaning) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Argan Oil (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Argan Oil (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Argan Oil (B2B) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Argan Oil (B2B) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Argan Oil (B2C) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Argan Oil (B2C) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: North America: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: North America: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: North America: Argan Oil Market: Breakup by Country (in %), 2020
Figure 38: United States: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: United States: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Canada: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Canada: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Asia-Pacific: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Asia-Pacific: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Asia-Pacific: Argan Oil Market: Breakup by Country (in %), 2020
Figure 45: China: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: China: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Japan: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Japan: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: India: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: India: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: South Korea: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: South Korea: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Australia: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Australia: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Indonesia: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Indonesia: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Others: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Others: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Europe: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Europe: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Europe: Argan Oil Market: Breakup by Country (in %), 2020
Figure 62: Germany: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Germany: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: France: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: France: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: United Kingdom: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: United Kingdom: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Italy: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Italy: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Spain: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Spain: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Russia: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Russia: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Latin America: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Latin America: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Latin America: Argan Oil Market: Breakup by Country (in %), 2020
Figure 79: Brazil: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Brazil: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Mexico: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Mexico: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Others: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Others: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 85: Middle East and Africa: Argan Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 86: Middle East and Africa: Argan Oil Market: Breakup by Country (in %), 2020
Figure 87: Middle East and Africa: Argan Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 88: Global: Argan Oil Industry: SWOT Analysis
Figure 89: Global: Argan Oil Industry: Value Chain Analysis
Figure 90: Global: Argan Oil Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Argan Oil Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Argan Oil Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Argan Oil Market Forecast: Breakup by Form (in Million US$), 2021-2026
Table 4: Global: Argan Oil Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Argan Oil Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 6: Global: Argan Oil Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Argan Oil Market: Competitive Structure
Table 8: Global: Argan Oil Market: Key Players

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