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<strong>Argan</strong> <strong>Oil</strong> <strong>Market</strong> <strong>Key</strong> <strong>Players</strong>, <strong>Industry</strong> <strong>Overview</strong>, <strong>Supply</strong> <strong>and</strong><br />
Dem<strong>and</strong> <strong>Analysis</strong> <strong>to</strong> <strong>2022</strong><br />
“<strong>Argan</strong> oil is a natural material extracted from the oleaginous<br />
almond of <strong>Argan</strong> tree, which is rich in fatty acids, <strong>and</strong> other<br />
important nutrients beneficial for human health. Over the years,<br />
argan oil is emerging as a food delicacy <strong>and</strong> as an anti-aging skin<br />
cosmetic product.”<br />
Global <strong>Argan</strong> <strong>Oil</strong> <strong>Market</strong> is predicted <strong>to</strong> reach USD 1.79 billion by <strong>2022</strong> owing <strong>to</strong> the increase in dem<strong>and</strong> for<br />
luxury cosmetics <strong>and</strong> growing consumer inclination <strong>to</strong>wards organic ingredients. <strong>Argan</strong> oil is a natural material<br />
extracted from the oleaginous almond of <strong>Argan</strong> tree, which is rich in fatty acids, <strong>and</strong> other important nutrients<br />
beneficial for human health. Over the years, argan oil is emerging as a food delicacy <strong>and</strong> as an anti-aging skin<br />
cosmetic product. It is found in specialty shops in both rural <strong>and</strong> urban markets in Europe <strong>and</strong> is known by a<br />
lesser population.<br />
Additionally, there are numerous internet websites, which deal in argan products through online. However, the<br />
oil is regarded as ‘world’s most expensive vegetable oil’. The growing acceptance for argan oil in the skin <strong>and</strong><br />
food industry is expected <strong>to</strong> drive argan oil market with a CAGR of 19.6% in the forecast period.<br />
The growing health awareness among consumers regarding healthy oils majorly impacts the market. The wide<br />
applications of this oil in multiple industries is also fueling argan oil industry globally. Mass-market penetration<br />
is resulting in introduction of new products in retail sec<strong>to</strong>r across various regions. Rising focus on research &<br />
development has led <strong>to</strong> modernizations in the product line <strong>and</strong> has augmented the market share of oil in the<br />
global market.<br />
Request Sample Copy of this <strong>Market</strong> Research @<br />
https://www.millioninsights.com/industry-reports/argan-oil-market
Among the several sources of argan oil, natural sourced argan oil is projected <strong>to</strong> hold the larger share. Moreover,<br />
owing <strong>to</strong> the increased dem<strong>and</strong> for chemical-free products, the sale of argan oil is predicted <strong>to</strong> experience an<br />
upsurge. The industry is also fueled by the growing interest for hair & skin products.<br />
Besides, increasing awareness among consumers due <strong>to</strong> the advantages offered by argan oil is expected <strong>to</strong> drive<br />
argan oil market in the near future. Also, the growing interest for enhanced vitamins <strong>and</strong> supplements among<br />
consumers in products from sustenance <strong>and</strong> refreshments <strong>to</strong> personal care products is predicted <strong>to</strong> boost the<br />
market development in the coming years. Nevertheless, the cost of argan oil <strong>and</strong> non-accessibility of retail<br />
locations are few restrictions <strong>to</strong> the market. <strong>Argan</strong> oil restricts its selection among purchasers, which adds <strong>to</strong><br />
the limitations of argan oil industry.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/argan-oil-market<br />
<strong>Argan</strong> oil market is categorized on the basis of application <strong>and</strong> geography. On the basis application, the market<br />
is divided in<strong>to</strong> food, cosmetic <strong>and</strong> medical. Owing <strong>to</strong> the growing need for cosmetics products, cosmetics<br />
industry is expected <strong>to</strong> dominate the market in the coming years.<br />
Geographically, <strong>Argan</strong> oil industry is segmented as North America, Latin America, Europe, Asia Pacific, <strong>and</strong><br />
Middle East & Africa. Middle East & Africa is predicted <strong>to</strong> hold larger share of the market owing <strong>to</strong> the higher<br />
cultivation of oil. The key players of <strong>Argan</strong> oil industry are ARGANisme Cosmetics S.A.R.L, <strong>Argan</strong> Diva, OLVEA<br />
Morocco, Saadia Organics, Essence Of<strong>Argan</strong>, Nadifi<strong>Argan</strong>, Biopur, Josie Maran Cosmetics, <strong>Argan</strong> Liquid Gold,<br />
<strong>and</strong> Zineglo.<br />
<strong>Market</strong> Segment:<br />
Global <strong>Argan</strong> <strong>Oil</strong> Application Outlook (Volume, Tons, Revenue, USD Million, 2012 - <strong>2022</strong>)<br />
• Cosmetics<br />
• Food<br />
• Medical<br />
Global <strong>Argan</strong> <strong>Oil</strong> Regional Outlook (Volume, Tons, Revenue, USD Million, 2012 - <strong>2022</strong>)<br />
• North America<br />
• U.S.<br />
• Europe<br />
• Germany<br />
• Asia Pacific
• China<br />
• Japan<br />
• Middle East & Africa<br />
• Morocco<br />
• Central & South Africa<br />
See More Reports of this Category by Million Insights @<br />
https://www.millioninsights.com/industry/chemicals<br />
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