Argan Oil  Market Expected to Reach from US$ 342.71 Mn Mn in 2022 to USD US$ 659.40 Mn by 2029, Driven by Growing Demand for Eco-Friendly Solutions, with a CAGR 9.8%.


Argan Oil Market Overview

A thorough analysis of the “Argan Oil Market” has been provided by the top Argan Oil research company, Maximize Market Research. Key business insights, demand analysis, pricing analysis, and a competitive landscape are all included in the report.

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Argan Oil Market Scope and Methodology:

The report offers an overview of the current trends and key highlights in the Argan Oil market. It provides insights into the Argan Oil Market size, growth rate, and estimations for the forecast period. Investors and stakeholders have made informed investment decisions based on the demand and pricing analysis presented in the report. The major players in the Argan Oil industry are profiled by region, showcasing their revenue, financial standing, portfolio, and technological developments. This enables a comprehensive competitive analysis of the global Argan Oil market, including market leaders, followers, and new entrants. To estimate the market size at both regional and global levels, a bottom-up approach was employed. Primary and secondary research methodologies were utilized to gather the necessary data for the Argan Oil market report.

Regional analysis is conducted at the global, regional, and country levels, providing insights into market share dominance, penetration, and upcoming growth opportunities in different regions. Key players in the market are assessed based on factors such as market revenue, advanced technologies, joint ventures, and mergers and acquisitions, contributing to the competitive analysis. The report combines both qualitative and quantitative analysis, incorporating primary and secondary data sources. It includes a SWOT analysis to identify the strengths and weaknesses of the Argan Oil market, while a PESTLE analysis is employed to understand the potential impact of macroeconomic factors on the industry.

Market Value :

Argan Oil Market size was valued at US$ 342.71 Mn in 2022 and the total Argan Oil revenue is expected to grow at 9.8% from 2023 to 2029, reaching nearly US$ 659.40 Mn.

Argan Oil Market Regional Insights

The Regional Analysis gives an overview of the Argan Oil market conditions in each of the countries included by the research.  The study contains an exhaustive analysis of all the variables, including market size, growth rate, and import and export in various geographic areas. The market for Argan Oil is essentially divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Argan Oil Market Segmentation

by Type


At the conclusion of the projected period, the Natural Argan Oil segment is anticipated to rule the Argan Oil Market by type.After using natural argan oil topically for 60 days, postmenopausal women’s skin elasticity significantly increased. The oral usage of argan oil by half of the subjects significantly boosted this effect. The absence of a placebo control group hinders the results, despite the fact that they are intriguing.

by form


At the conclusion of the projected period, Absolute Argan Oil Form is anticipated to rule the worldwide Argan oil market by form segment. The absolute form of argan oil is a concentrated substance that is extracted using solvents from plant kernels. The kernels are ground into a powder before being suspended in solvents, which are then vaporised to create the oil. The absolute form is employed in a variety of applications, including scent, aromatherapy, and cosmetics.

by Application

Food & Beverages
Cosmetics& Personal Care
Cleaning and Home

At the conclusion of the forecast period, the market for argan oil is expected to be dominated by the applications segment of aromatherapy massage. Many benefits of this aromatherapy massage are well known. It supports body and mind balance, harmony, and tranquilly. It also boosts the immune system, supporting a variety of biological processes and thwarting infections. Additionally, argan oil is marketed for use in cosmetic and food items. Food-grade cooking oil is made differently from cosmetic-grade oil in terms of manufacturing processes. The kernels are toasted to add a nutty flavour and aroma to cooking oil.

by distribution

channel B2B

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Argan Oil Market Key Players

1. OLVEA Morocco
2. ARGANisme Cosmetics S.A.R.L
3. Zineglo
4. Saadia Organics
5. Essence Of Argan
6. Biopur
7. Argan Diva
8. Josie Maran Cosmetics
9. Argan Liquid Gold
13.VimaSouss, Malak Bio

Table Of Contents :

1. Global Argan Oil Market: Research Methodology

2. Global Argan Oil Market: Executive Summary

2.1 Market Overview and Definitions
2.1.1. Introduction to Global Argan Oil Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry

3. Global Argan Oil Market: Competitive Analysis

3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact

4. Global Argan Oil Market Segmentation

4.1 Global Argan Oil Market, by Type (2022-2029)
• Natural
• Organic
4.2 Global Argan Oil Market, by Form (2022-2029)
• Absolute
• Concentrates
• Blends
• Others
4.3 Global Argan Oil Market, by Applications (2022-2029)
• Therapeutics
• Aromatherapy
• Food & Beverages
• Cosmetics& Personal Care
• Medical
• Cleaning and Home
• Others
4.4 Global Argan Oil Market, by Distribution Channel (2022-2029)
• B2B
• B2C

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Key questions answered in the Argan Oil Market are:

  • What growth strategies are the players considering to increase their presence in Argan Oil?
  • What are the upcoming industry applications and trends for the Argan Oil Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Argan Oil Market?
  • What are the lucrative opportunities for the growth of the Argan Oil market?
  • What major challenges could the Argan Oil Market face in the future?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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