Global almond oil market is expected to grow at 12% CAGR during the forecast period due to increase in consumer awareness about the health benefits
High demand for almond oil from the cosmetic industry, and increasing end use applications of almond oil are the key factors driving growth of the global almond oil market. Also, various health benefits of expressed almond oil, including increasing preference by individuals for natural ingredients in cosmetics and ready-to-eat foods are major factors expected to fuel growth of the global almond oil market over the forecast period.
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The use of expressed almond oil in aromatherapy offers several health benefits like reduced anxiety, relieve depression, better cognitive performance and induces sleep. Further, the utilization of expressed almond oil as an important oil in aromatherapy. The demand for the therapy is increasing due to its properties such as anti-fungal and antibacterial properties drive the demand for the almond oil market.
Almond oil is rich in vitamins, minerals, proteins, and omega fatty acids, because of which they are widely used in pharmaceutical industries, food industries, and cosmetic industries. South Asia, North Africa, and the Middle Eastern countries are the main producers and exporters of almonds across world. Extraction of almond oil is done primarily using the cold-pressed method, and is available mostly in two different varieties I.e., sweet almond oil and bitter almond oil.
The detailed research study provides qualitative and quantitative analysis of global almond oil market. The market has been analysed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the main countries. The supply side analysis covers the main market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America
Key Findings of the Report:
? Increase in demand for almond oil from the cosmetic industry coupled with growing end use applications of almond oil are the key factors driving the growth of the global almond oil market.
? North America dominates the global almond oil market in revenue terms owing to growing awareness about almond oils and related products, coupled with rising demand for aromatherapy products in the region. The market in Asia Pacific accounted for second-highest revenue share in the global almond oil market, due to rapid urbanization, and rising demand for almond oil from emerging economies such as China and India, followed by markets in Latin America and the Middle East & Africa respectively.
? Major players in the global almond oil market are as follows Caloy, Inc., Blue Diamond Growers, Jiangxi Baicao Pharmaceutical Co., Ltd., Bajaj Corp Ltd, Dabur India Ltd, Frontier Natural Products Co-op, Eden Botanicals, Ashwin Fine Chemicals & Pharmaceuticals, Proteco Oils, and Indian Natural Oils.
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Global Almond Oil Market
Sweet almond oil
Bitter almond oil
Cosmetics & Personal care products
By distribution channel
Rest of Europe
Rest of Asia-Pacific
Middle East and Africa
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Some Points of TOC:
Chapter One: Executive Summary
Chapter Two: Market Introduction
2.3 Scope of the Study
2.4 Related Stakeholders
Chapter Three: Research Methodology
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
Chapter Four: Market Dynamics
4.6 Porter’s Five Forces Model Analysis
4.7 Value Chain Analysis
4.8 Regulatory Landscape
Chapter Five: Global Airless Packaging Market, By Type
5.2 Sweet almond oil
5.3 Bitter almond oil
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