Global Almond Oil Market was valued at USD 1,082.5 Million in the year 2019. Global Almond Oil Market is further estimated to grow at a CAGR of 14.9% from 2019 to 2025 to reach USD 2,497.7 Million. Asia Pacific region holds the highest market share in 2019 and is considered as the fastest growing market in the forecasted period due to steady growth rate and increasing economies in these regions.
Ashwin Fine Chemicals & Pharmaceuticals (India), Now Foods (U.S), Eden Botanicals (U.S), Shanghai Saifu Chemical Development Co., Ltd. (China), BASF (Germany) and Mountain Ocean (U.S) are some of the key players in the Almond Oil Market.
Rising aromatherapy and spa market
Increasing health consciousness and fitness among people
The high cost of the therapy
Innovations in technologies for better products
Increasing investment opportunity in the developed region
Rising Government support for aromatherapy
Growing Substitute products
By product type sweet almond oil segment holds the highest market share among various product type considered. On the other hand cosmetics segment by application holds the high market share among all other segment and is expected to grow at the highest CAGR during the year 2019-2025 and holds the substantial market share because of its high demand and effective product.
Key Benefits for Stakeholders
Almond Oil Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
Sweet Almond Oil
Bitter Almond Oil
Key Market Players
Ashwin Fine Chemicals & Pharmaceuticals (India)
Now Foods (U.S)
Eden Botanicals (U.S)
Shanghai Saifu Chemical Development Co., Ltd. (China)
Mountain Ocean (U.S)
Jiangxi Xuesong Natural Medicinal Oil Co., LTD. (China)
Proteco Oils (Australia)
Blue Diamond Growers, Inc. (U.S)
Caloy Quality Natural Oils (U.S)
(A brief overview of another 13 companies is also provided)
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