The global almond oil market is anticipated to grow at a CAGR of 12.5% during the forecast period (2022-2028). Almond oil is often utilised in skin creams and anti-aging treatments in the cosmetics sector. Almond oil has a wide range of uses in cosmetics, and it is frequently referred to as one of the most valuable oils in skincare.” It’s used to make skin oils, massage oils, oil baths, ointments, lip balms, infant care products, face and oil packs, and hair care preparations, among other things. Almond oil is a wonderful oil for skin, since it not only smells good, however, also absorbs fast into the skin, hydrating it effectively. Rough, scaly, and dry skin is notably calmed and soothed by it. Almond oil is therefore used in cosmetics to relieve inflammation and soreness, increase circulation, and hydrate, while also acting as a natural UV screen. In addition, there is growing competition among market players. With several key players in the market, companies are advancing, innovating, and launching new products to stay in the competition.
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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
Global Almond Oil Market Report by Segment
By Type
- Sweet
- Bitter
By Distribution Channel
- Online
- Offline
By Application
- Pharmaceutical
- Personal Care & Cosmetics
- Food
- Others
Global Almond Oil Market Report by Region
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
- Latin America
- Middle East & Africa
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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