Almond Oil Market (Product Type - Bitter Almond Oil, and Sweet Almond Oil; Application - Food Industry, Personal Care and Cosmetics, and Pharmaceuticals Industries; Distribution Channels - Online Channels, Departmental Stores, Wholesaler, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : November, 2019

  • Rep Id : CGP038

  • Category : Consumer Goods and Packaging

  • Status : Published

A recent report published by Infinium Global Research on almond oil market provides in-depth analysis of segments and sub-segments in the global as well as the regional almond oil market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional almond oil market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global almond oil market. According to the report, the global almond oil market is projected to grow at a CAGR of 13.56% over the forecast period of 2019-2025.

 

Market Insight

Oil extracted from almond is rich in vitamin A, B, E, and is a good source of phosphorus, copper, and magnesium. Further, almond oil is used as an antioxidant and anti-inflammatory that helps in boosting immunity. Almond oil is useful in reducing the risk of cardiovascular disease as it lowers the level of bad cholesterol and uplifts the level of good cholesterol. Additionally, a mild flavour of almond oil is perfect for salad dressing or can be used as finishing oil to add extra flavour and nutrition to the dish. Almond oil also contains Linoleic acid, known as omega-6 that stimulates cell regeneration, protects skin from UV radiation, soften skin and adds moisture.

 

Growing demand for almond oil in aromatherapy due to its anti-fungal and antibacterial properties drives the demand for the almond oil market. The use of almond oil in aromatherapy offers several health benefits such as reduced anxiety, relieve depression, better cognitive performance and induces sleep. Further, the use of almond oil as an essential oil in aromatherapy due to its wide range of health benefits and growing popularity among spa customers motivate the growth of almond oil. In addition to this, the growing use of almond oil in cosmetics and personal care products such as cleanser, moisturizer, and several other beauty products are boosting the demand for the almond oil market. Almond oil prevents stretch marks, protects the skin from sun damage and can be used in many ways such as makeup remover and massage oil. Besides, increasing demand for the natural and organic ingredient in cosmetics by manufacturers, growing awareness among consumers regarding the health benefits offered by almond oil, and changing lifestyle are some of the factors boosting the growth of the almond oil market. On the contrary, low awareness regarding its benefits in developing regions are hampering the growth of the market. However, with growing demand and competition the manufacturers will start offering innovative products which will be the major trend in the upcoming years in almond oil market.

 

As per the geographies, Asia Pacific region is dominating the growth of almond oil market followed by Europe region. In the Asia Pacific region, owing to product innovations, new product launch by manufacturers, and advertisement in order to boost the product visibility among consumers are some of the factors boosting the demand for almond oil market. In addition to this, increasing awareness regarding the health benefits offered by almond oil, changing lifestyle, adoption of aromatherapy to reduce stress, and consumers shifting towards natural and organic ingredients for cosmetics and other personal care products are also factors responsible for the growth of the almond oil market in the Asia Pacific region. Further, in European countries such as Germany, France, and the U.K. almond oil has been gaining popularity owing to its gluten-free characteristics and expanding product usage in various applications such as bakery, breakfast cereals and snacks are driving the growth of the almond oil market in the Europe region.

 

Segment Covered

The report on the global almond oil market covers segments such as product type, application, and distribution channels. On the basis of product type, the sub-markets include bitter almond oil, and sweet almond oil. On the basis of application, the sub-markets include the food industry, personal care and cosmetics, and pharmaceuticals industries. On the basis of distribution channels, the sub-markets include online channels, departmental stores, wholesaler, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Indian Natural Oils, Caloy Company, Proteco S.r.l., Blue Diamond Growers, Jiangxi Baicao Pharmaceutical Co., Ltd, Dabur India Ltd, Mountain Ocean, Liberty Vegetable Oil Company, AOS Products Private Limited, Provital Group, and Others.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of almond oil market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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