Global Almond Oil Market Report to 2031 - Featuring Blue Diamond Growers, Caloy Quality Natural Oils and Eden Botanicals Among Others - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--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.
- AOS Products Private Limited
- Ashwin Fine Chemicals & Pharmaceuticals
- Blue Diamond Growers, Inc.
- Caloy Quality Natural Oils
- Eden Botanicals
- Jiangxi Baicao Pharmaceutical Co., Ltd.
- Jiangxi Xuesong Natural Medicinal Oil Co., Ltd.
- Liberty Vegetable Oil Company
- Mountain Ocean
- NOW Foods
- Proteco Oils
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 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
3.6. Covid-19 Impact Analysis
Chapter 4: Almond Oil Market, by Type
Chapter 5: Almond Oil Market, by Application
Chapter 6: Almond Oil Market, by Distribution Channel
Chapter 7: Almond Oil Market, by Region
Chapter 8: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/vqkmv6
Laura Wood, Senior Press Manager
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