Global Almond Oil Market to Reach US$ 6.9 Billion by 2032, Propelled by the Rising Product Application Across Sectors

April 07, 2022 | Food & Beverages

According to the latest report by IMARC Group, titled "Almond Oil Market Report by Type (Sweet Almond Oil, Bitter Almond Oil), Application (Food Preparation, Cosmetics, Pharmaceutical, and Others), Distribution Channel (Supermarkets and Hypermarkets, Food Specialty Stores, Pharmacy, Cosmetic Discounters, and Others), and Region 2024-2032," the global almond oil market reached a value of US$ 2.7 Billion in 2023. Almond oil is an odorless, colorless to pale yellow, unsaturated fatty oil, which is extracted from the seeds of the Prunus dulcis tree and later cold-pressed to retain its nutritional values. It is a rich source of minerals, vitamins, fibers, phytochemicals, and phytosterols. Almond oil assists in stabilizing blood sugar levels, reducing weight, improving heart health, and inhibiting the risk of various chronic diseases, including cancer. Apart from this, they exhibit anti-inflammatory, emollient, and anti-dandruff properties, due to which it is extensively used as a key component in various personal care, cosmetics and food products.

Global Almond Oil Market Trends:

A significant rise in the production of aromatherapy goods, along with the shifting consumer preferences toward natural, organic, and herbal beauty products is primarily driving the almond oil market growth. In line with this, the increasing awareness amongst consumers regarding the benefits of using almond oil, such as reduced scar appearance and stretch marks and enhanced skin tone, are further facilitating the incorporation of almond oil in various cosmetic products. Moreover, the extensive usage of almond oil in the pharmaceutical industry for producing various drugs to treat irritable bowel syndrome (IBS) and high-density lipoproteins (HDL) is acting as another growth-inducing factor. Additionally, the implementation of favorable regulations by the government and the United States Food and Drug Administration (USFDA) to promote the uptake of natural ingredients, such as almond oil, as a functional ingredient in various consumer goods is contributing to the market growth. Other factors, such as continuous investments in research and development (R&D) activities and strategic collaborations amongst key players to introduce almond oil-infused, non-genetically modified organisms (GMO), clear label commodities, are further creating a positive outlook for the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 6.9 Billion by 2032, growing at a CAGR of 10.7% during 2024-2032.

Market Summary:

  • Based on the type, the market has been bifurcated into sweet and bitter almond oil.
  • On the basis of the application, the market has been segregated into food preparation, cosmetics, pharmaceutical, and others.
  • Based on the distribution channel, the market has been classified into supermarkets and hypermarkets, food specialty stores, pharmacy, cosmetic discounters, and others.
  • On a regional basis, the market has been bifurcated into North America (United States, and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and Others), Latin America (Brazil, Mexico, and Others), and Middle East and Africa.
  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
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
Five User License: US$ 3499
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)

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us


USA: +1-631-791-1145
Follow us on twitter : @imarcglobal

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Almond Oil Market to Reach US$ 6.9 Billion by 2032, Propelled by the Rising Product Application Across Sectors
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More