Almond Oil Market Size, Share & Trends Analysis Report By Product (Sweet Oil, Bitter Oil), By Application (Personal Care And Cosmetics, Pharmaceuticals, Food industry), By Region, And Segment Forecasts, 2024 - 2030
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Almond Oil Market Growth & Trends
The global almond oil market size is expected to reach USD 2.98 billion by 2030, expanding at a CAGR of 12.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing consumer awareness regarding harmful chemicals used in cosmetics and personal care products has propelled demand for organic and natural ingredients in these product categories. Furthermore, almond oil possesses excellent nutritional properties, including being a rich source of vitamin E, unsaturated fatty acids, and phytosterols and as a result, its application in aromatherapy, food and beverages, cosmetics, and personal care segments has increased.
Sweet oil is the fastest growing product segment owing to its increasing application in cosmetics and personal care products. The segment is expected to register a revenue-based CAGR of 12.3% from 2019 to 2025. Key manufacturers are launching new products in order to cater to the increasing demand from customers. For instance, in November 2018, The Orange Square Company Limited, formally known as Olverum, launched two new products, ‘The Body Oil’ and ‘The Dry Body Oil’, as a part of its essential oil product portfolio.
Asia Pacific is the fastest growing almond oil market and is projected to register a CAGR of 12.8% in terms of revenue from 2019 to 2025. Over the past few years, the region has been witnessing increased investments in marketing campaigns and new product launches in developing countries such as India. For instance in April 2019, Bajaj Corp Ltd launched a new cooling hair oil in India. This product launch is supported by an integrated marketing campaign by the company, which is focusing on celebrity endorsements to increase product visibility as well as penetration in the country. These initiatives are expected to remain key trends over the coming years.
Almond Oil Market Report Highlights
Almond Oil Market Growth & Trends
The global almond oil market size is expected to reach USD 2.98 billion by 2030, expanding at a CAGR of 12.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing consumer awareness regarding harmful chemicals used in cosmetics and personal care products has propelled demand for organic and natural ingredients in these product categories. Furthermore, almond oil possesses excellent nutritional properties, including being a rich source of vitamin E, unsaturated fatty acids, and phytosterols and as a result, its application in aromatherapy, food and beverages, cosmetics, and personal care segments has increased.
Sweet oil is the fastest growing product segment owing to its increasing application in cosmetics and personal care products. The segment is expected to register a revenue-based CAGR of 12.3% from 2019 to 2025. Key manufacturers are launching new products in order to cater to the increasing demand from customers. For instance, in November 2018, The Orange Square Company Limited, formally known as Olverum, launched two new products, ‘The Body Oil’ and ‘The Dry Body Oil’, as a part of its essential oil product portfolio.
Asia Pacific is the fastest growing almond oil market and is projected to register a CAGR of 12.8% in terms of revenue from 2019 to 2025. Over the past few years, the region has been witnessing increased investments in marketing campaigns and new product launches in developing countries such as India. For instance in April 2019, Bajaj Corp Ltd launched a new cooling hair oil in India. This product launch is supported by an integrated marketing campaign by the company, which is focusing on celebrity endorsements to increase product visibility as well as penetration in the country. These initiatives are expected to remain key trends over the coming years.
Almond Oil Market Report Highlights
- The sweet oil segment dominated the market and accounted for a revenue share of 67.5% in 2023. owing to its increasing application in cosmetics and personal care products.
- The personal care and cosmetics segment dominated the market and accounted for the largest revenue share in 2023 Growing focus on natural and chemical-free ingredients in these product categories will drive segment growth.
- Asia Pacific is estimated to emerge as the fastest growing regional market over the forecast period, fueled by ongoing marketing and promotional strategies by key manufacturers.
- Key players include Caloy, Inc.; Blue Diamond Growers; Jiangxi Baicao Pharmaceutical Co., Ltd; Bajaj Corp Ltd; Dabur India Ltd; Frontier Natural Products Co-op; Eden Botanicals; Ashwin Fine Chemicals & Pharmaceuticals;TSBE; and Indian Natural Oils.
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. ALMOND OIL MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (Volume in Kilo Tons) (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Almond Oil Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
CHAPTER 4. ALMOND OIL MARKET: CONSUMER BEHAVIOR ANALYSIS
4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Decisions
4.4. Consumer Product Adoption Trends
4.5. Observations & Recommendations
CHAPTER 5. ALMOND OIL MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Almond Oil Market: Product Movement Analysis, 2023 & 2030 (USD Million)
5.3. Sweet Oil
5.3.1. Sweet Oil Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
5.4. Bitter Oil
5.4.1. Bitter Oil Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
CHAPTER 6. ALMOND OIL MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
6.1. Segment Dashboard
6.2. Almond Oil Market: Application Movement Analysis, 2023 & 2030 (USD Million)
6.3. Personal Care and Cosmetics
6.3.1. Personal Care and Cosmetics Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
6.4. Pharmaceuticals
6.4.1. Pharmaceuticals Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
6.5. Food Industry
6.5.1. Food Industry Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
CHAPTER 7. ALMOND OIL MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
7.1. Almond Oil Market Share, By Region, 2023 & 2030 (USD Million)
7.2. North America
7.2.1. North America Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.2.3. Canada
7.2.3.1. Canada Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.2.4. Mexico
7.2.4.1. Mexico Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3. Europe
7.3.1. Europe Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3.2. UK.
7.3.2.1. UK Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3.3. Germany
7.3.3.1. Germany Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3.4. France
7.3.4.1. France Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3.5. Italy
7.3.5.1. Italy Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3.6. Spain
7.3.6.1. Spain Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.4.2. China
7.4.2.1. China Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.4.3. Japan
7.4.3.1. Japan Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.4.4. India
7.4.4.1. India Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.5. Latin America
7.5.1. Latin America Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.6. Middle East and Africa
7.6.1. Middle East and Africa Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.6.2. South Africa
7.6.2.1. South Africa Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.6.3. UAE
7.6.3.1. UAE Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.6.4. South Arabia
7.6.4.1. South Arabia Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
CHAPTER 8. COMPETITIVE LANDSCAPE
8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
8.4.1. Caloy Company, LP.
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Recent Developments/ Strategic Initiatives
8.4.2. Blue Diamond Growers.
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Recent Developments/ Strategic Initiatives
8.4.3. Jiangxi Baicao Pharmaceutical Co., Ltd
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Recent Developments/ Strategic Initiatives
8.4.4. Bajaj Consumer Care Ltd.
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Recent Developments/ Strategic Initiatives
8.4.5. Dabur.com
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Recent Developments/ Strategic Initiatives
8.4.6. Frontier Co-op.
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Recent Developments/ Strategic Initiatives
8.4.7. Eden Botanicals
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Recent Developments/ Strategic Initiatives
8.4.8. Ashwin fine Chemicals & Pharmaceuticals
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Recent Developments/ Strategic Initiatives
8.4.9. TSBE
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Recent Developments/ Strategic Initiatives
8.4.10. Indian Natural Oils
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Recent Developments/ Strategic Initiatives
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. ALMOND OIL MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (Volume in Kilo Tons) (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Almond Oil Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
CHAPTER 4. ALMOND OIL MARKET: CONSUMER BEHAVIOR ANALYSIS
4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Decisions
4.4. Consumer Product Adoption Trends
4.5. Observations & Recommendations
CHAPTER 5. ALMOND OIL MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Almond Oil Market: Product Movement Analysis, 2023 & 2030 (USD Million)
5.3. Sweet Oil
5.3.1. Sweet Oil Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
5.4. Bitter Oil
5.4.1. Bitter Oil Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
CHAPTER 6. ALMOND OIL MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
6.1. Segment Dashboard
6.2. Almond Oil Market: Application Movement Analysis, 2023 & 2030 (USD Million)
6.3. Personal Care and Cosmetics
6.3.1. Personal Care and Cosmetics Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
6.4. Pharmaceuticals
6.4.1. Pharmaceuticals Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
6.5. Food Industry
6.5.1. Food Industry Market Revenue Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
CHAPTER 7. ALMOND OIL MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
7.1. Almond Oil Market Share, By Region, 2023 & 2030 (USD Million)
7.2. North America
7.2.1. North America Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.2.3. Canada
7.2.3.1. Canada Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.2.4. Mexico
7.2.4.1. Mexico Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3. Europe
7.3.1. Europe Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3.2. UK.
7.3.2.1. UK Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3.3. Germany
7.3.3.1. Germany Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3.4. France
7.3.4.1. France Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3.5. Italy
7.3.5.1. Italy Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.3.6. Spain
7.3.6.1. Spain Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.4.2. China
7.4.2.1. China Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.4.3. Japan
7.4.3.1. Japan Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.4.4. India
7.4.4.1. India Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.5. Latin America
7.5.1. Latin America Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.6. Middle East and Africa
7.6.1. Middle East and Africa Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.6.2. South Africa
7.6.2.1. South Africa Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.6.3. UAE
7.6.3.1. UAE Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
7.6.4. South Arabia
7.6.4.1. South Arabia Almond Oil Market Estimates and Forecasts, 2018 - 2030 (Volume in Kilo Tons) (USD Million)
CHAPTER 8. COMPETITIVE LANDSCAPE
8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
8.4.1. Caloy Company, LP.
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Recent Developments/ Strategic Initiatives
8.4.2. Blue Diamond Growers.
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Recent Developments/ Strategic Initiatives
8.4.3. Jiangxi Baicao Pharmaceutical Co., Ltd
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Recent Developments/ Strategic Initiatives
8.4.4. Bajaj Consumer Care Ltd.
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Recent Developments/ Strategic Initiatives
8.4.5. Dabur.com
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Recent Developments/ Strategic Initiatives
8.4.6. Frontier Co-op.
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Recent Developments/ Strategic Initiatives
8.4.7. Eden Botanicals
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Recent Developments/ Strategic Initiatives
8.4.8. Ashwin fine Chemicals & Pharmaceuticals
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Recent Developments/ Strategic Initiatives
8.4.9. TSBE
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Recent Developments/ Strategic Initiatives
8.4.10. Indian Natural Oils
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Recent Developments/ Strategic Initiatives
