Market Overview:
The global absolute Morocco argan oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural and organic argan oil products across different applications such as personal care & cosmetics, medical, aromatherapy, food, cleaning & home. North America is expected to lead the global absolute Morocco argan oil market in terms of revenue during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Absolute Morocco Argan Oil is a 100% pure and natural product that has been extracted from the kernels of the argan tree. It is high in vitamin E, fatty acids and antioxidants, which makes it perfect for use on skin, hair and nails. Absolute Morocco Argan Oil can be used to help treat a variety of conditions such as eczema, psoriasis, dry skin and split ends. It is also effective at reducing the appearance of wrinkles and age spots.
Natural:
Natural is a product that has no artificial additives or chemicals added to it. The products labeled as natural are derived from plants, animals, and minerals. Natural Argan oil is extracted from the kernels of argan tree fruits using organic farming methods. Absolute Morocco Argan Oil (MANO) contains vitamins A & E and fatty acids which help in reducing skin aging, inflammation control and helps in maintaining healthy hair & nails.
Organic:
Organic is a label used to refer to products that are free from harmful chemicals. Organic Absolute Morocco Argan Oil has been produced and processed using traditional methods without the use of any chemical substances such as fertilizers, pesticides, herbicides or additives. The oil contains fatty acids and unsaturated fatty acids which are considered beneficial for hair skin and nails.
Application Insights:
Personal care and cosmetics was the largest application segment in 2017, accounting for over 70.0% share of the global market revenue. Morocco has a long tradition in manufacturing quality personal care products using natural ingredients such as essential and carrier oils. Natural ingredient-based cosmetics have been traditionally used by Berber women to enhance their skin beauty without exposing themselves to harmful chemicals or undergoing surgery, which is a growing trend globally due to increasing concerns about health problems caused by synthetic or artificial additives used in conventional commercial formulations of cosmetic products.
The medical segment is expected to witness significant growth over the forecast period owing to rising product usage for various medical purposes such as aromatherapy, massages, healing treatments and relaxation therapies at spa centers across North America and Europe regions. Increasing consumer awareness regarding benefits associated with these natural ingredients will boost industry growth over the forecast period.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing consumer awareness regarding health and wellness. The region is expected to witness a CAGR of XX% over the forecast period on account of increasing product use for treating hair and skin problems, as well as for aromatherapy purposes. Morocco has been one of the leading exporters of argan oil in North America since 2015, when exports increased by nearly 50%.
The European market also held a significant share in terms of volume due to high demand from countries such as France, Italy, Germany, U.K., Spain among others; which are major consumers across this region.
Growth Factors:
- Increasing demand for natural and organic cosmetics products
- Rising awareness about the benefits of using argan oil in skin care and hair care products
- Growing popularity of argan oil as a carrier oil in aromatherapy
- Increasing use of argan oil in food and dietary supplements industry
- Availability of different types and grades of argan oil that cater to the needs of different consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Absolute Morocco Argan Oil Market Research Report
By Type
Natural, Organic
By Application
Personal Care & Cosmetics, Medical, Aromatherapy, Food, Cleaning & Home
By Companies
Oriental Group, ARGANisme, ZINEGLOB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Absolute Morocco Argan Oil Market Report Segments:
The global Absolute Morocco Argan Oil market is segmented on the basis of:
Types
Natural, Organic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal Care & Cosmetics, Medical, Aromatherapy, Food, Cleaning & Home
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Oriental Group
- ARGANisme
- ZINEGLOB
Highlights of The Absolute Morocco Argan Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural
- Organic
- By Application:
- Personal Care & Cosmetics
- Medical
- Aromatherapy
- Food
- Cleaning & Home
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Absolute Morocco Argan Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Absolute Morocco Argan Oil is a 100% pure, cold-pressed Moroccan argan oil. It is made from the kernels of the argan tree, which are handpicked and then processed to extract its natural oils.
Some of the major players in the absolute morocco argan oil market are Oriental Group, ARGANisme, ZINEGLOB.
The absolute morocco argan oil market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Absolute Morocco Argan Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Absolute Morocco Argan Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Absolute Morocco Argan Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Absolute Morocco Argan Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Absolute Morocco Argan Oil Market Size & Forecast, 2020-2028
4.5.1 Absolute Morocco Argan Oil Market Size and Y-o-Y Growth
4.5.2 Absolute Morocco Argan Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural
5.2.2 Organic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Personal Care & Cosmetics
6.2.2 Medical
6.2.3 Aromatherapy
6.2.4 Food
6.2.5 Cleaning & Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Absolute Morocco Argan Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Absolute Morocco Argan Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural
9.6.2 Organic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Personal Care & Cosmetics
9.10.2 Medical
9.10.3 Aromatherapy
9.10.4 Food
9.10.5 Cleaning & Home
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural
10.6.2 Organic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Personal Care & Cosmetics
10.10.2 Medical
10.10.3 Aromatherapy
10.10.4 Food
10.10.5 Cleaning & Home
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural
11.6.2 Organic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Personal Care & Cosmetics
11.10.2 Medical
11.10.3 Aromatherapy
11.10.4 Food
11.10.5 Cleaning & Home
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural
12.6.2 Organic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Personal Care & Cosmetics
12.10.2 Medical
12.10.3 Aromatherapy
12.10.4 Food
12.10.5 Cleaning & Home
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural
13.6.2 Organic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Personal Care & Cosmetics
13.10.2 Medical
13.10.3 Aromatherapy
13.10.4 Food
13.10.5 Cleaning & Home
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Absolute Morocco Argan Oil Market: Competitive Dashboard
14.2 Global Absolute Morocco Argan Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oriental Group
14.3.2 ARGANisme
14.3.3 ZINEGLOB
