Gulf Cooperation Council Argan Oil Market Size & Outlook
- Specialty & Fine Chemicals
- Personal Care & Cosmetic Ingredients
- Argan Oil Market Outlook
- Personal Care & Cosmetic Ingredients
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Gulf Cooperation Council argan oil market highlights
- The Gulf Cooperation Council argan oil market generated a revenue of USD 8.8 million in 2025 and is expected to reach USD 20.9 million by 2033.
- The Gulf Cooperation Council market is expected to grow at a CAGR of 11.6% from 2026 to 2033.
- In terms of segment, conventional was the largest revenue generating type in 2025.
- Organic is the most lucrative type segment registering the fastest growth during the forecast period.
Argan oil market data book summary
| Market revenue in 2025 | USD 8.8 million |
| Market revenue in 2033 | USD 20.9 million |
| Growth rate | 11.6% (CAGR from 2026 to 2033) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional, Organic |
| Key market players worldwide | OLVEA, Argan, DSM Firmenich AG, Palladyne AI Corp Class A, Malai Biomaterials, Argano, Organica, Argan Oil Secrets |
Other key industry trends
- In terms of revenue, Gulf Cooperation Council accounted for 2.1% of the global argan oil market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, Morocco argan oil market is projected to lead the regional market in terms of revenue in 2033.
- Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 20.9 million by 2033.
The Gulf Cooperation Council (GCC) is one of the major trade blocks in the world, having a combined GDP of over 3.46 trillion in 2018. The countries Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and UAE have been the most dynamic part of the MEA region and are significant consumers of argan oil.
The demand for argan oil is high in personal care & cosmetics and pharmaceutical markets in GCC. In the recent years, halal cosmetics have witnessed significant adoption among the Muslim consumers owing to the increasing demand for trendy beauty products such as hair care, lip balms, skincare, foundation, moisturizers, anti-aging creams, and lotions.
Key Regions:U.S., UK, Japan, Brazil, Gulf Cooperation Council
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Publish Date: Mar 24, 2026
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Argan Oil Market Scope
Argan Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| DSM Firmenich AG | View profile | 30,000 | Wurmisweg 576, Kaiseraugst, Switzerland, 4303 | www.dsm-firmenich.com/corporate/home.html |
| OLVEA | View profile | 251-500 | Saint-léonard, Bretagne, France, Europe | www.olvea.com |
| Argan | View profile | 30 | 21 Rue Beffroy, Neuilly-sur-Seine, France, 92200 | www.argan.fr |
| Palladyne AI Corp Class A | View profile | 70 | 650 South 500 West, Suite 150, Salt Lake City, UT, United States, 84101 | www.palladyneai.com |
| Malai Biomaterials | View profile | 1-10 | Alappuzha, Kerala, India, Asia | www.made-from-malai.com/ |
| Argano | View profile | 1001-5000 | Plano, Texas, United States, North America | argano.com/ |
| Organica | View profile | 1-10 | Cape Town, NA - South Africa, South Africa, Africa | www.organica.co.za/ |
| Argan Oil Secrets | View profile | - | Casablanca, Grand Casablanca, Morocco, Africa | www.arganoilsecrets.com |
Gulf Cooperation Council Argan Oil Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Argan Oil Market Outlook will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 67.05% in 2025.
Horizon Databook has segmented the Gulf Cooperation Council argan oil market based on conventional, organic covering the revenue growth of each sub-segment from 2021 to 2033.
The Gulf Cooperation Council (GCC) is one of the major trade blocks in the world, having a combined GDP of over 3.46 trillion in 2018. The countries Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and UAE have been the most dynamic part of the MEA region and are significant consumers of argan oil.
The demand for argan oil is high in personal care & cosmetics and pharmaceutical markets in GCC. In the recent years, halal cosmetics have witnessed significant adoption among the Muslim consumers owing to the increasing demand for trendy beauty products such as hair care, lip balms, skincare, foundation, moisturizers, anti-aging creams, and lotions.
- Gulf Cooperation Council Argan Oil Market Type Outlook (Revenue, USD Million , 2021-2033)
- Conventional
- Organic
- Gulf Cooperation Council Argan Oil Market Form Outlook (Revenue, USD Million , 2021-2033)
- Absolute
- Blend
- Concentrate
- Gulf Cooperation Council Argan Oil Market Application Outlook (Revenue, USD Million , 2021-2033)
- Personal Care and Cosmetics
- Medical
- Aromatherapy
- Food
- Cleaning and Home
- Others
- Gulf Cooperation Council Argan Oil Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
- B2B
- B2C
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Horizon Databook provides a detailed overview of country-level data and insights on the Gulf Cooperation Council Argan Oil Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Gulf Cooperation Council Argan Oil Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Gulf Cooperation Council Argan Oil Market, 2021-2033 (US$M)
Gulf Cooperation Council argan oil market statistics, by type, 2021-2033 (US$M)
