Precision Business Insights has published a report on the global argan oil market, estimating its value at USD 382.5 million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 9.7% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/argan-oil-market      

The argan oil market refers to the global industry focused on the production, distribution, and sale of argan oil, a natural plant oil extracted from the kernels of the Argania spinosa tree, native to Morocco. Known for its rich content of essential fatty acids, vitamin E, and antioxidants, argan oil is widely used across various sectors, including cosmetics, personal care, pharmaceuticals, and food.

The argan oil market is driven by several key factors contributing to its steady global growth. One of the primary drivers is the rising consumer preference for natural and organic beauty products, as people increasingly seek chemical-free alternatives for skincare and haircare. Argan oil, enriched with vitamin E, essential fatty acids, and antioxidants, has become a popular ingredient in cosmetic formulations due to its moisturizing, anti-aging, and restorative properties.

The global argan oil market segmentation:
1) By Type: Conventional, Organic
2) By Form: Absolute, Blend, Concentrate
3) By Application: Personal Care & Cosmetics, Medical, Aromatherapy, Food, Cleaning and Home & Others

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Regional Overview:
The report also examines the current concerns and their Future Effects on the argan oil market by the region. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like ARGANisme, Pure Argan Co., DSM, Malakbio, Lipidine, Argane Aouzac, Organica Group Ltd., Arganfarm sarl. au., Zidrop Argan Oil, ARGANBULK, OLVEA, ARGANisme, Pure Argan Co., DSM, Malakbio, Lipidine, Argane Aouzac, Organica Group Ltd., Arganfarm sarl. au., Zidrop Argan Oil

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