Almond oil market is anticipated to grow at a CAGR of 12.5% during the forecast period. Almond oil is comprised of around 78% oleic acid, up to 17% linoleic acid, and up to 5% palmitic acid. Almond oil is full of vitamin E, and it’s a great source of magnesium, phosphorus, and copper. Antioxidant-rich oil is known for its free-radical fighting abilities. It’s also anti-inflammatory and boosts immunity. Containing omega-3 fatty acids, almond oil might support maintaining healthy cholesterol levels and improve memory. It may support the lower risk of diseases, such as cancer and heart disease. Almond oil is significantly used for skin and hair health owing to its antioxidant properties. The two kinds of almond oil, sweet almond, and bitter almond, have different properties and are used for different purposes. Sweet almond oil can support skin to appear radiant and healthy and may soothe irritated skin. Bitter almond is used in soap, massage oils, and other products. Therefore, the rising personal care and cosmetic industry are driving the growth of the market.
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The global almond oil market is segmented based on type, distribution channel, and application. On the basis of type, the market is segmented into sweet and bitter. By distribution channel, the market is segmented into online and offline. Based on application, the market is segmented into pharmaceutical, cosmetics and personal care, food industry, and others. The pharmaceutical sector is anticipated to witness significant growth in the global almond oil market. Almond oil can serve as a solvent and dispersing agent for oleaginous injections. It supports the administration of lipophilic medications that cannot be taken orally. Owing to its ability to alleviate irritation, the oil can also be used in oleaginous eye drops. Almond oil has a variety of applications in this arena. For instance, it supports bronchial congestion, lung inflammations, lack of appetite, upset stomach, boils, skin irritation, and also with diaper dermatitis and bedsores. Additionally, it is also supposed to support stomach aches and colic in children, as well as to fight against hair loss and dandruff. It can further be used topically to support bladder or kidney ailments.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Almond Oil Market by Type
- Sweet
- Bitter
Global Almond Oil Market by Distribution Channel
- Online
- Offline
Global Almond Oil Market by Application
- Pharmaceutical
- Personal care & Cosmetics
- Food
- Others
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AOS Products Pvt Ltd.
- Ashwin Fine Chemicals & Pharmaceuticals
- Bajaj Consumer Care Ltd.
- Blue Diamond Growers, Inc.
- Caloy Quality Natural Oils
- Dabur India Ltd.
- Eden Botanicals
- ESI srl
- Jiangxi Baicao Pharmaceutical Co., Ltd.
- Jiangxi Xuesong Natural Medicinal Oil Co., Ltd.
- Liberty Vegetable Oil Co.
- Mountain Ocean
- NOW Foods
- Proteco Oil
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global almond oil market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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