Argan Oil Market Size, Share & Trends Report

Argan Oil Market Size, Share & Trends Analysis Report By Type (Conventional, Organic), By Form (Absolute, Blend), By Application (Medical, Food), By Region (North America, APAC), And Segment Forecasts, 2023 - 2030

  • Report ID: 978-1-68038-671-4
  • Number of Pages: 80
  • Format: Electronic (PDF)

Market Segmentation

  • Argan Oil Type Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
    • Conventional
    • Organic
  • Argan Oil Form Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
    • Absolute
    • Blend
    • Concentrate
  • Argan Oil Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
    • Personal Care and Cosmetics
    • Medical
    • Aromatherapy
    • Food
  • Argan Oil Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
    • North America
      • North America Argan Oil Market, By Type
        • Conventional
        • Organic
      • North America Argan Oil Market, By Form
        • Absolute
        • Blend
        • Concentrate
      • North America Argan Oil Market, By Application
        • Personal Care and Cosmetics
        • Medical
        • Aromatherapy
        • Food
      • U.S.
        • U.S. Argan Oil Market, By Type
          • Conventional
          • Organic
        • U.S. Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • U.S. Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
      • Canada
        • Canada Argan Oil Market, By Type
          • Conventional
          • Organic
        • Canada Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • Canada Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
      • Mexico
        • Mexico Argan Oil Market, By Type
          • Conventional
          • Organic
        • Mexico Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • Mexico Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
    • Europe
      • Europe Argan Oil Market, By Type
        • Conventional
        • Organic
      • Europe Argan Oil Market, By Form
        • Absolute
        • Blend
        • Concentrate
      • Europe Argan Oil Market, By Application
        • Personal Care and Cosmetics
        • Medical
        • Aromatherapy
        • Food
      • U.K.
        • U.K. Argan Oil Market, By Type
          • Conventional
          • Organic
        • U.K. Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • U.K. Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
      • Germany
        • Germany Argan Oil Market, By Type
          • Conventional
          • Organic
        • Germany Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • Germany Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
      • France
        • France Argan Oil Market, By Type
          • Conventional
          • Organic
        • France Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • France Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
    • Asia Pacific
      • Asia Pacific Argan Oil Market, By Type
        • Conventional
        • Organic
      • Asia Pacific Argan Oil Market, By Form
        • Absolute
        • Blend
        • Concentrate
      • Asia Pacific Argan Oil Market, By Application
        • Personal Care and Cosmetics
        • Medical
        • Aromatherapy
        • Food
      • China
        • China Argan Oil Market, By Type
          • Conventional
          • Organic
        • China Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • China Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
      • India
        • India Argan Oil Market, By Type
          • Conventional
          • Organic
        • India Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • India Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
      • Japan
        • Japan Argan Oil Market, By Type
          • Conventional
          • Organic
        • Japan Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • Japan Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
    • Central and South America
      • Central and South America Argan Oil Market, By Type
        • Conventional
        • Organic
      • Central and South America Argan Oil Market, By Form
        • Absolute
        • Blend
        • Concentrate
      • Central and South America Argan Oil Market, By Application
        • Personal Care and Cosmetics
        • Medical
        • Aromatherapy
        • Food
      • Brazil
        • Brazil Argan Oil Market, By Type
          • Conventional
          • Organic
        • Brazil Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • Brazil Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
    • Middle East & Africa
      • Middle East & AfricaArgan Oil Market, By Type
        • Conventional
        • Organic
      • Middle East & Africa Argan Oil Market, By Form
        • Absolute
        • Blend
        • Concentrate
      • Middle East & Africa Argan Oil Market, By Application
        • Personal Care and Cosmetics
        • Medical
        • Aromatherapy
        • Food
      • Morocco
        • Morocco Argan Oil Market, By Type
          • Conventional
          • Organic
        • Morocco Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • Morocco Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food
      • GCC
        • GCC Argan Oil Market, By Type
          • Conventional
          • Organic
        • GCC Argan Oil Market, By Form
          • Absolute
          • Blend
          • Concentrate
        • GCC Argan Oil Market, By Application
          • Personal Care and Cosmetics
          • Medical
          • Aromatherapy
          • Food

Argan Oil Market Dynamics

Driver: Increasing preference for organic products

Organic personal care industry envelops a wide range of products including skincare, hair care, oral care, and cosmetics among others. A prime characteristic of this industry, which also acts as a major pull for consumers, is the natural appeal of the products. With limited or no use of synthetic ingredients in the formulation of organic personal care products, the original properties of the ingredients are retained, thus increasing their effectiveness. Organic products are absolutely free from any harmful chemicals. Rising consumer awareness regarding the various advantages associated with organic personal care products over their synthetic counterparts has resulted in an increased demand for the former over the last few years. Consumers are increasingly paying attention to their appearance, with particular importance given to youthful-looking and healthy skin. This trend is expected to boost the demand for organic personal care products and cosmetics including argan oil-based products.

Driver: Extraordinary health benefits offered by argan oil

Argan oil consists of essential vitamins and nutrients including lupeol, antioxidant tocopherols, butyrospermol, essential fatty acids, and triterpenoids. Thus, argan oil finds large-scale applications in cosmetics as the aforementioned ingredients strengthen the antiseptic & anti-inflammatory properties of the oil and increase its content of vitamin E & omega-3 and omega-6 fatty acids. Some of the important health benefits provided by argan oil on account of the presence of the aforementioned essential vitamins and nutrients have been listed below:

  • Improves digestion

  • Helps in lowering cholesterol levels:

  • Anti-inflammatory agent:

  • Cancer treatment:

  • Argan oil is considered beneficial in curing rheumatic and arthritis problems

  • The oil possesses tonic and aphrodisiac properties.

  • Triterpenoids, fatty acids, and antioxidants in argan oil help in treating skin acne, scars, unwanted warts, and dermatitis

  • Excessive presence of fatty acids in argan oil helps in enhancing the skin texture by removing wrinkles and age spots

  • Protection from noxious UV radiation is another benefit of argan oil.

  • Argan oil is a perfect solution for hair treatment. High vitamin E content of the oil helps in strengthening the hair.

  • Vitamin E content of the oil helps in strengthening the nails. Vitamin E in the oil also enhances the growth of finger and toenails

  • It enhances the overall look and feel of the skin

Restraint: Limited number of argan trees

Argan trees are mainly grown in Morocco, North Africa. These trees are used for various purposes including food, shelter, agriculture, charcoal, wood, and livestock feed by the local population of the country. International manufacturers of personal care products and cosmetics are increasingly utilizing argan oil to develop enhanced product solutions for hair treatment and skin care. Increasing consumption of argan oil in cosmetics, food, and medical industries is projected to boost the overall demand for argan fruits. Morocco is expected to face difficulty to meet the growing demand due to limited number of argan trees in the country along with growing domestic product consumption.

According to Arganic, a UK-based manufacturer, 1 liter of argan oil is produced from around 30 kg argan fruit and 15 hours of labor work. This implies that steps need to be taken by countries to increase the production of argan oil in the coming years. Recently, countries including Algeria, Israel, and Mexico have contributed toward the cultivation of argan trees. Such initiatives are expected to increase the production of argan oil over the forecast period

What Does This Report Include?

This section will provide insights into the contents included in this argan oil market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Argan oil market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Argan oil market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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