Global Almond Oil Market Size, Trends and Growth opportunity, By Type (Sweet Almond Oil, Bitter Almond Oil), By Application (Food Preparation, Cosmetic, Pharmaceutical, Others), By Distribution Channel (Hypermarkets & Supermarkets, Food Specialty Stores, Pharmacy), By Region and Forecast till 2027.
Global Almond Oil Market
The Global Almond Oil Market size was valued at USD 2.1 billion in 2021 and is expected to expand USD 4.12 billion at a CAGR of 12.25 % during forecast period 2022- 2027.
Almond oil contain major nutrients like lipids,fiber, phytochemicals,vitamins,and minerals.It supports healthy cholesterol levels, strengthens the immune system, and reduces the risk of cancer and heart disease.It possesses emollient, sclerosant, anti-inflammatory, antibacterial, and anti-fungal qualities which rehydrate dry skin and enhance complexion. It contain lot of phytosterols and unsaturated fatty acids, due to which it has remarkable moisturising qualities that make it a great choice for aromatherapy applications.
Market Drivers
The growing organic, natural, herbal cosmetics and personal care products and rising awareness among peoples regarding the adverse effects of chemicals used in cosmetics act as major factor for growing the almond oil market.
Almond oil helps in minimizing the risk of heart diseases, cancer, asthma, and depression propelling the growth of market. Rising consumer awareness about almond oil's medicinal benefits and growing demand in pharmaceutical sector, aromatherapy boost the growth of market.
Market Restraints
The high processing cost of almond oil hinders the growth of almond oil market. Additionally, consumers become more reluctant to buy almond oil compared to other edible oils anticipated the growth of market.
COVID-19 Impact on Almond Oil Market
With the outbreak of covid-19 the market impacted negatively due to several restriction and lockdown imposed by government, supply chain and production disrupted. The pandemic has proven worst in North America and Europe region.
Impact of Russia Ukraine War on Market
The conflict between Russia and Ukraine can have both direct and indirect impacts on the almond oil market:
Disruptions in the supply chain: Many almond oil manufacturers source components from Russia and Ukraine.The war may cause supply chain disruptions and delays, affecting almond oil production and delivery.
Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as demand for almond oil in the region.
Increase in natural gas prices: Natural gas prices may rise as a result of the conflict due to supply disruptions, affecting demand for almond oil in the short term.
Market Segmentation
The Global Almond Oil Market segmented on the basis of Type, Application, Distribution Channel And Region. On the basis of Type it is segmented into Sweet Almond Oil, Bitter Almond Oil.On the basis of Application it is segmented into Food Preparation, Cosmetic, Pharmaceutical, Others.On the basis of Distribution Channel it is segmented into Hypermarkets & Supermarkets, Food Specialty Stores, Pharmacy. On the basis of Region it is segmented into North America, Europe, Asia Pacific, Latin America,MEA.
Regional Analysis
The Global Almond Oil Market segmented into five regions North America,Europe, Asia Pacific,Latin America,MEA.North America dominate the market due to the increasing adoption of almond oil in the cosmetic industry in this region. Asia Pacific and Europe are also witnessed for significant rise in almond oil market during forecast period 2022-2027.
Key Players
Various key players are listed in this report such as Locavor (U.K.), La Tourangelle (U.S.), Roland Foods LLC (U.S.), Aromex Industry (India), Best Natures Cosmetic (Canada), Bio Planete (Germany), Biopurus C.O. U.K, Byodo Naturkost GmbH (Germany), Clearspring L(U.S), Hain Celestial (U.S), Higher Nature Limited (U.K.), Nature Stuff Limited (U.K.).
Market Taxonomy
By Type
• Sweet Almond Oil
• Bitter Almond Oil
By Application
• Food Preparation
• Cosmetic
• Pharmaceutical,
• Others
By Distribution Channel
• Hypermarkets & Supermarkets
• Food Specialty Stores
• Pharmacy
By Region
• North America
• U.S.
• Europe
• U.K.
• Germany
• France
• Asia Pacific
• China
• Japan
• India
• Latin America
• Brazil
• Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Almond Oil Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Almond Oil Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Almond Oil Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Almond Oil Market, By Application
5.1 Y-o-Y Growth Comparison, By Application
5.2 Almond Oil Market Share Analysis, By Application
5.3 Almond Oil Market Size and Forecast, By Application
5.3.1 Food Preparation
5.3.2 Cosmetic
5.3.3 Pharmaceutical
5.3.4 Others
6 Almond Oil Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Almond Oil Market Share Analysis, By Type
6.3 Almond Oil Market Size and Forecast, By Type
6.3.1 Sweet Almond Oil
6.3.2 Bitter Almond Oil
7 Almond Oil Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Almond Oil Market Share Analysis, By Distribution Channel
7.3 Almond Oil Market Size and Forecast, By Distribution Channel
7.3.1 Hypermarkets & Supermarkets
7.3.2 Food Specialty Stores
7.3.3 Pharmacy
8 Almond Oil Market, By Region
8.1 Almond Oil Market Share Analysis, By Region
8.2 Almond Oil Market Share Analysis, By Region
8.3 Almond Oil Market Size and Forecast, By Region
9 North America Almond Oil Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Almond Oil Market Share Analysis, By Application
9.3 North America Almond Oil Market Size and Forecast, By Type
9.4 North America Almond Oil Market Size and Forecast, By Distribution Channel
9.5 North America Almond Oil Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Almond Oil Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Almond Oil Market Share Analysis, By Application
10.3 Europe Almond Oil Market Size and Forecast, By Type
10.4 Europe Almond Oil Market Size and Forecast, By Distribution Channel
10.5 Europe Almond Oil Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Almond Oil Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Almond Oil Market Share Analysis, By Application
11.3 Asia Pacific Almond Oil Market Size and Forecast, By Type
11.4 Asia Pacific Almond Oil Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Almond Oil Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Almond Oil Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Almond Oil Market Share Analysis, By Application
12.3 Latin America Almond Oil Market Size and Forecast, By Type
12.4 Latin America Almond Oil Market Size and Forecast, By Distribution Channel
12.4 Latin America Almond Oil Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Almond Oil Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Almond Oil Market Share Analysis, By Application
13.3 Middle East Almond Oil Market Size and Forecast, By Type
13.4 Middle East Almond Oil Market Size and Forecast, By Distribution Channel
13.5 Middle East Almond Oil Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Locavor (U.K.)
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 La Tourangelle (U.S.)
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Roland Foods LLC (U.S.)
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Aromex Industry (India)
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Best Natures Cosmetic (Canada)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Bio Planete (Germany)
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Biopurus C.O. U.K,
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Byodo Naturkost GmbH (Germany)
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Clearspring L(U.S)
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Hain Celestial (U.S)
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Higher Nature Limited (U.K.)
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
15.12 Nature Stuff Limited (U.K.)
15.12.1 Overview
15.12.2 Offerings
15.12.3 Key Financials
15.12.4 Business Segment & Geographic Overview
15.12.5 Key Market Developments
15.12.6 Key Strategies
