Argan Oil Market 2020: Industry Analysis, COVID-19 Business Impact, Top Leaders, Opportunities, Future Scope, Developments and Regional Forecast to 2025

KD Market Insights has published a report on global Argan Oil market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global Argan Oil market is expected to grow at a CAGR of XX.X% during the forecast period i.e. 2020-2025. The market was held to USD XX.X Million in 2019 and is projected to reach to a valuation of USD XX.X Million in 2025. The report covers a detailed chapter on market segmentation of Argan Oil market covering market segments by Product Type, and distribution Channel.

The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Argan oil is a natural product produced from the nut of the argan tree, which only grows in Southwestern Morocco. It contains fatty acids and antioxidants including vitamin E, (35-40%) linoleic acid which reduces inflammation, (42–48%) oleic acid for skin’s permeability and polyphenols.

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Growth Drivers – Argan Oil Market

Growth in the aging population worldwide and an increasing number of cases of skin diseases & hair fall problems due to environmental pollution leads to the demand for argan oil in the market. The growing ease in availability of argan oil products would further intensify the growth of the argan oil market worldwide.

Moreover, the consumer preference for healthy food is anticipated to boost up the argan oil market growth across the globe. As, argan oil has been found to control cholesterol levels and helps in heart ailments, lower metabolism, and vitamin & mineral deficiency, such benefits are also encouraging consumers to adopt argan oil. Besides this, a large number of customers are becoming aware and are willing to spend more money on skincare products such as argan oil product is augmenting the use of argan oil in beauty cosmetic industry across the globe. The argan oil products are available in the market in various form such as, hydrating toner, brightening face masks, exfoliating lip scrub, moisturizer, conditioner, hair oil and others which leads the demand for argan oil.

Further, the growing demand for argan oil in medical treatments of various diseases such as cancer, arthritis, obesity, acne and other skin ailments are the major factors that are influencing the growth of argan oil market. In terms of region, the Middle East & Africa dominated the argan oil market as the rural economy of this region, especially in Morocco depends upon the argan production. However, the easy availability of alternative argan oil such as olive oils, and others across the world is anticipated to impact the demand for argan oil negatively over the next few years.

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Segmentation Analysis

By Product Type

– Foam

– Shampoo

– Conditioner

– Hair Oil

– Vegetable oils

– Toner

– Scrub

– Others

By Distribution Channel

– Pharmacy

– Supermarket

– Hypermarket

– Convenience Store

– Beauty Salon

– Online store

This research report studied the Argan Oil market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall Argan Oil market. Country analysis is also covered for various major economies across various regions:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
  • Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

This study evaluates and categorizes the key vendors in the Argan Oil market. The key companies published in the report include among others

– Rubie’s Costume Company

– Saadia Organics

– OLVEA Morocco

– ARGANisme Cosmetics

– Zineglo

– Essence of Argan

– Biopur

– Argan Diva

– Josie Maran Cosmetics

– Argan Liquid Gold

– Nadifi Argan

– Other Prominent Players

The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.

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Why you should buy this research report:

In the past years, the Argan Oil has grown at a significant rate and key decision makers are in need of market data to make vital decisions with regard to acquire more market share in Argan Oil market. This report will help you:

  1. Obtain Full Understanding Of Global Argan Oil Industry Through The In-Depth Coverage
  2. Gain Insights Into Market Expansion Across Countries
  3. Expand Your Product Line To Generate High Revenue And Growth Opportunities.
  4. Understand Latest Market Trends And Formulate Business Strategies Accordingly.
  5. Acquire More Market Share Through Strategic Decisions Based On Report Insights.
  6. Gain Insights About Key Financial Ratio And Business Strategies.

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