According to IMARC Group latest report titled “Almond Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on almond oil industry size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global almond oil market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2032, exhibiting a growth rate (CAGR) of 10.7% during 2024-2032.

Almond oil is a versatile natural oil derived primarily from the seeds of the almond tree. Characterized by its mild flavor and lightweight texture, it is rich in essential fatty acids, vitamins, and minerals. The oil possesses a clear to pale yellow appearance and exhibits both cosmetic and culinary applications. The working mechanism for its popularity in skincare involves its high content of Vitamin E, a known antioxidant, that aids in combating skin damage and signs of aging. In culinary uses, its low smoke point makes it ideal for dressings and light sautéing. In terms of properties, almond oil is often categorized into two types: sweet and bitter. Sweet almond oil is generally used for skincare and culinary applications, while bitter almond oil is used for its aromatic qualities. Among its advantages are its suitability for sensitive skin, its nutritional benefits when consumed, and its versatility in various cooking methods.

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Market Trends:

The global market is primarily fueled by the growing product popularity in skincare and beauty products, leading to increased consumer demand. In line with this, the adoption of almond oil in gourmet cooking and specialty food items is providing an impetus to the market. Moreover, the rising trend of clean label products is acting as a significant growth-inducing factor. In addition to this, advancements in cold-press extraction technologies are enabling higher yield and better quality, thus creating more opportunities in the market. Besides this, the increased awareness about the benefits of natural over synthetic ingredients is influencing the market positively. Some of the other factors influencing the market include changing consumer preferences towards health and wellness, cultural shifts that embrace natural beauty solutions, the influence of social media on lifestyle choices, and extensive research and development activities aimed at diversifying product applications.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• AOS Products Private Limited
• Ashwin Fine Chemicals and Pharmaceuticals
• Bajaj Consumer Care Ltd.
• Blue Diamond Growers Inc.
• Caloy Company LP
• Dabur India Ltd
• Eden Botanicals
• ESI srl
• Flora Manufacturing & Distributing Ltd.
• Liberty Vegetable Oil Company
• Mountain Ocean Ltd

Almond Oil Market Segmentation:

Our report has categorized the market based on region, type, application and distribution channel.

Breakup by Type:

• Sweet Almond Oil
• Bitter Almond Oil

 Breakup by Application:

• Food Preparation
• Cosmetics
• Pharmaceutical
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Food Specialty Stores
• Pharmacy
• Cosmetic Discounters
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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