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Almond Oil Market Expected to Reach $2,680 Million by 2023

According to a new report published by Allied Market Research, titled, Almond Oil Market by Type, Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global almond oil market was valued at $1,118 million in 2016, and is projected to reach $2,680 million by 2023, growing at a CAGR of 13.2% from 2017 to 2023. The sweet almond oil segment dominated the market in 2016, with more than half share, in terms of revenue.

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Almond Oil Market Expected to Reach $2,680 Million by 2023

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 GlobalAlmond Oil Market Industry Analysis and Forecast 2023 Global Opportunity Analysis and Industry Forecast, 2016-2023

  2. Opportunity Analysis and Industry Forecast, 2016-2023 “The demand for almond oil is anticipated to increase among luxury brand manufacturers of personal care and cosmetic products as currently these manufacturers are concentrating on production of products containing natural and organic ingredients”. Biswa Sinha Senior Research Analyst, Consumer Goods and Food & Beverages at AMR Global Opportunity Analysis and Industry Forecast, 2016-2023

  3. Almond Oil Market Almond Oil Market by Type, Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global almond oil market was valued at $1,118 million in 2016, and is projected to reach $2,680 million by 2023, growing at a CAGR of 13.2% from 2017 to 2023. The sweet almond oil segment dominated the market in 2016, with more than half share, in terms of revenue. Almond oil is extracted from kernels of PrunusDulcis tree using cold-pressed method. Presence of various vitamins such as Vitamin E, Vitamin B, and vitamin A; minerals; proteins and omega fatty acids make this oil an all-purpose essential and carrier oil which is utilized in food preparation, pharmaceutical and cosmetic industries. The demand of almond oil is on an increase across the globe due to its health benefits and high nutritional value. Request to sample- https://www.alliedmarketresearch.com/request-sample/3087

  4. Almond Oil Market Key Findings of the Almond Oil Market: *North America is expected to lead the market during the forecast period in terms of revenue, followed by Asia-Pacific. *Sweet almond oil market volume is projected to grow with a CAGR of 12.5%, in terms of volume during the forecast period. *The cosmetic segment is expected to show highest growth, registering a CAGR of 12.9% in terms of volume. *Turkey accounted for 6.58% share in the LAMEA almond oil market in 2016. *Mexico is projected to grow at a fastest rate in the North America almond oil market, registering a CAGR of 13.8%. *Germany accounts for 10.20% share in the Europe almond oil market in 2016.

  5. Almond Oil Market • By Geography • North America • U.S. • Canada • Mexico • Europe • UK • France • Germany • Rest of Europe • Asia-Pacific • China • Japan • India • South Korea • Rest of Asia-Pacific • LAMEA • Latin America • Middle East • Arica

  6. Almond Oil Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/checkout/795906 Follow Us On

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