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.
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.
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.
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.
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.