The Worldwide Almond Oil Industry is Projected to Reach $5.5 Billion by 2031

·8 min read
Company Logo
Company Logo

Dublin, July 05, 2022 (GLOBE NEWSWIRE) -- The "Almond Oil Market by Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.

The global almond oil market size was valued at $1,456.3 million in 2020, and is projected to reach $5,584.4 million by 2031, growing at a CAGR of 13.0% from 2022 to 2031. The sweet almond oil segment dominated the almond oil market in 2020, with more than half share, in terms of revenue.

Almond oil is considered as one of the best oils for hair and skin care remedies. It consists of Vitamin E, minerals, protein , and essential fatty acids (EFAs). It is particularly high in the monounsaturated fatty acid called oleic acid. Moreover, the nutrients and beneficial properties of almond oil makes it a useful cosmetic ingredient. In addition, almond oil being rich in vitamin E, makes it use favorable in skincare products. Other advantages offered by almond oil include skin rejuvenation such as increased levels of collagen production deriving from the fact that it can penetrate the skin more deeply. Furthermore, other medicinal properties of almond oil include relief to damaged skin occurring by sun exposure, and treatment of dry skin. Sweet almond oil is safe for digesting internally and thus considered as popular medical oil in the Unani System of Medicine.

The global almond oil market is witnessing rapid growth in recent years owing to increase in demand for personal care and medical industry. The suitability of almond oils for all skin types to soften, soothe, and re-condition the skin increases its utilization in aromatherapy. Moreover, surge in demand for aromatherapy along with increase in the number of spa customers drives the sales of various essential oils, including almond-based oils. Moreover, the advent of supermarkets as distribution channels to supply almond oil to consumers coupled with rise in global population has amplified the demand for these supermarkets, which, in turn, positively impacts the market growth. Surge in consumer demand for innovative food products, in regions such as Europe and North America creates new opportunities for almond oil products.

The report segments the market on the basis of type, application, distribution channel, and region. By Type, the market is segmented into sweet almond oil and bitter almond oil. On the basis of application, the market is classified as food preparation, cosmetic, pharmaceutical, and others. On the basis of distribution channel, the market is segmented as hypermarkets & supermarkets, food specialty stores, pharmacy, cosmetic discounters, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The outbreak of COVID-19 has negatively affected the manufacturing activities and disrupted the distribution network of the almond oil market globally. People were forced to stay in their homes to limit the spread of the disease. Government's stringent rules regarding social distancing and complete lockdowns resulted in huge losses for vendors operating in the market. All the major key players and other sales channel were closed during the lockdown period. However, a V-shaped recovery is expected in the post-COVID-19 period.

Key Market Benefits

  • The report provides extensive analysis of the current & emerging trends and opportunities in the almond oil market

  • The report provides detailed qualitative and quantitative analyses of current trends and future estimations, which help to understand the prevailing market opportunities

  • A comprehensive analysis of factors that drive and restrict the growth of the almond oil market is provided in the study

  • An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework

  • The report provides extensive qualitative insights on the potential & niche segments as well as countries exhibiting favorable growth

Key Topics Covered:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Covid-19 Impact Analysis

Chapter 4: Almond Oil Market, by Type
4.1. Market Overview
4.1.1Market Size and Forecast, by Type
4.2. Sweet Almond Oil
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.3. Bitter Almond Oil
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country

Chapter 5: Almond Oil Market, by Application
5.1. Market Overview
5.1.1Market Size and Forecast, by Application
5.2. Food Preparation
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Cosmetic
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country
5.4. Pharmaceutical
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Share Analysis, by Country
5.5. Others
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Share Analysis, by Country

Chapter 6: Almond Oil Market, by Distribution Channel
6.1. Market Overview
6.1.1Market Size and Forecast, by Distribution Channel
6.2. Hypermarkets and Supermarkets
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Share Analysis, by Country
6.3. Food Specialty Stores
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Share Analysis, by Country
6.4. Pharmacy
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Market Share Analysis, by Country
6.5. Cosmetic Discounters
6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast, by Region
6.5.3. Market Share Analysis, by Country
6.6. Others
6.6.1. Key Market Trends, Growth Factors and Opportunities
6.6.2. Market Size and Forecast, by Region
6.6.3. Market Share Analysis, by Country

Chapter 7: Almond Oil Market, by Region

Chapter 8: Company Profiles
8.1. Aos Products Private Limited
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.1.7. Key Strategic Moves and Developments
8.2. Ashwin Fine Chemicals and Pharmaceuticals
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. Business Performance
8.2.7. Key Strategic Moves and Developments
8.3. Blue Diamond Growers, Inc
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves and Developments
8.4. Caloy Quality Natural Oils
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves and Developments
8.5. Eden Botanicals
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Business Performance
8.5.7. Key Strategic Moves and Developments
8.6. Jiangxi Baicao Pharmaceutical Co. Ltd
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. Business Performance
8.6.7. Key Strategic Moves and Developments
8.7. Jiangxi Xuesong Natural Medicinal Oil Co. Ltd
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. Liberty Vegetable Oil Company
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. Business Performance
8.8.7. Key Strategic Moves and Developments
8.9. Mountain Ocean
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves and Developments
8.10. Now Foods
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. Business Performance
8.10.7. Key Strategic Moves and Developments

For more information about this report visit https://www.researchandmarkets.com/r/xbx0rd

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900