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Argan Oil Market Analysis, Size, Share, Growth, Industry Demands and Forecast to 2024 - Hexa Research

Argan oil is a type of plant oil produced from argan tree. The argan tree is endemic to Morocco due to which argan oil is abundantly available in the country. The industry is still at a nascent stage but gaining importance due to the oil’s high performance constituents such as vitamins and nutrients namely butyrospermol, triterpenoids, omega 3 & omega 6 fatty acids, beta amyrine, lupeol, and antioxidant tocopherols.

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Argan Oil Market Analysis, Size, Share, Growth, Industry Demands and Forecast to 2024 - Hexa Research

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  1. Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Argan Oil Market Analysis, Size, Share, Growth, Industry Demands and Forecast to 2024 - Hexa Research The global argan oil market is likely to cross USD 1 billion by 2024. Augmenting argan based cosmetic product lines along with escalating medical application base will drive overall industry growth over the forecast period (2016-2024). Growing fondness for health conscious diet amongst populace mainly in emerged markets of Europe and North America is spurring demand for argan oil. This will boost the overall industry growth in the coming years. The worldwide argan oil market is segmented by applications and regions. Applications are cosmetics, food, and medical. Cosmetics segment contributed for total shares of over 42% in 2014. This growth could be ascribed to rising application in hair treatment products, skin aging, and environment defense. Key skin and hair care product producers are raising integration of oil in sophisticated cosmetic solutions for skin & hair care. Browse Detail Report with TOC @ https://www.hexaresearch.com/research-report/argan-oil-market Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/

  2. Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Product’ demand in food applications is driven by increased consumer inclination towards healthy food regime. Oil functions as a fundamental constituent in foods consumed by people with vitamin & mineral deficiency, heart ailments, and lower metabolism. Worldwide initiatives to eliminate starvation coupled with elevated obesity rates in many emerged nations and are anticipated to impact the product growth in food applications. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/bulk-chemicals-industry In medical applications, argan oil can be used in the treatment of several diseases for instance obesity, acne, cancer, arthritis, and other skin illness. This segment is growing at a productive CAGR over the forecast period. Main regional segments in the total argan oil market are the Middle East & Africa (MEA), North America, Europe, Asia Pacific, and Central & South Africa. In terms of volume, the Middle East & Africa region led the global market. Further, North America grabbed the second place in terms of volumes and is likely to grow lucratively. It will potentially experience highest CAGR of over 20% during the review period. It is typified by full- grown cosmetics sector shifting towards natural & organic products, high user awareness about health & nutrition, and government schemes to tackle obesity. Asia Pacific is said to witness significant growth in the near future. It is mainly driven by escalating application in food and medical sectors. Aging populace in China, Japan, and South Korea is expected to boost the demand in this region. Renowned players in the market encompass Biopur, OLVEA, Zineglob, and Nadifi Arga Inquiry About the “Argan Oil Market "@https://www.hexaresearch.com/inquiry- before-buying/357 About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/

  3. Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Follow us on Linkedin: https://www.linkedin.com/company/hexa-research Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/

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