Market Overview:
The global apricot kernel oil market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for natural and organic products, rising awareness about the benefits of apricot kernel oil, and growing applications of apricot kernel oil in cosmetics and food industry. Based on type, the global apricot kernel oil market is segmented into nonpareil apricot kernel oil, California apricot kernel oil, Mission apricotkerneloiland others. Based on application, the global Apricots Kernel Oil Market is segmented into cosmetics industry, food industry and others segments. The cosmetics industry accounted for majority share in terms of revenue in 2017 due to increasing demand for natural ingredients in skin care products across the globe.
Product Definition:
Apricot Kernel Oil is a light, dry oil that is extracted from the kernels of apricots. It has a nutty odor and is often used in cosmetics and skin care products. Apricot Kernel Oil is high in essential fatty acids and can be used to moisturize the skin and hair.
Nonpareil Apricot Kernel Oil:
Nonpareil apricot kernel oil is a type of vegetable oil that is extracted from the kernels of apricots. It has high nutritional value and can be used for cooking as well as in skin care products. The product also finds application in pharmaceuticals sector owing to its anti-inflammatory, antioxidant and other medicinal properties.
California Apricot Kernel Oil:
California apricot kernel oil is a vegetable oil which is extracted from the kernels of California apricot tree. It has high nutritional value and it contains linoleic acid, stearic acid, oleic acid and palmitate. The main function of this oil is to provide nutrition to the skin, hair & nails and also for healing dry scalp & dandruff.
Application Insights:
The cosmetics segment accounted for more than 40% of the global market share in 2017. The product is widely used in cosmetic formulations as it has excellent skin and hair conditioning properties. It is also used as a natural moisturizer, which helps to keep the skin soft and smooth. California apricot kernel oil finds application in various anti-aging products due to its high content of vitamin A that helps to improve elasticity and reduce wrinkles caused by aging.
Food was the second largest application segment where APKO was majorly utilized for manufacturing mayonnaise owing to its rich emollient properties that help maintain salad oils & vinaigrettes consistency throughout cooking process without separating or becoming thickened with sediment formation property thus making them an ideal ingredient for food processing industries worldwide due largely on their growing demand from countries such as China Indonesia Japan etc.
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumer awareness and availability of a wide range of products. The region is expected to maintain its dominance over the forecast period due to increasing demand for skin care, hair care, and other cosmetic products. Europe is also estimated to be one of the major markets due to growing demand for natural ingredients-based cosmetics.
The Asia Pacific market is anticipated grow at a significant rate during the forecast period owing with rapid urbanization and rising disposable income especially in China, India, Indonesia, Malaysia Philippines Russia South Korea Thailand Vietnam etc’s leading manufacturers are expanding their production capacities which will drive product consumption further.
Growth Factors:
- Increasing demand for natural and organic personal care products.
- Rising awareness about the benefits of apricot kernel oil among consumers.
- Growing popularity of aromatherapy and other forms of natural healing therapies.
- increasing use of apricot kernel oil in skin care, hair care, and cosmetic products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Apricot Kernel Oil Market Research Report
By Type
Nonpareil Apricot Kernel Oil, California Apricot Kernel Oil, Mission Apricot Kernel Oil, Others
By Application
Cosmetics, Food, Others
By Companies
Caloy, NOW Foods, La Tourangelle, Plimon, Natural Oils International, Alqvimia, Mountain Ocean, Provital Group, AAK Natural Oils, ESI, Caloy, Uğurluoğlu Vegetable Oil, K. K. Enterprise
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Apricot Kernel Oil Market Report Segments:
The global Apricot Kernel Oil market is segmented on the basis of:
Types
Nonpareil Apricot Kernel Oil, California Apricot Kernel Oil, Mission Apricot Kernel Oil, Others
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
Cosmetics, Food, Others
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:
- Caloy
- NOW Foods
- La Tourangelle
- Plimon
- Natural Oils International
- Alqvimia
- Mountain Ocean
- Provital Group
- AAK Natural Oils
- ESI
- Caloy
- Uğurluoğlu Vegetable Oil
- K. K. Enterprise
Highlights of The Apricot Kernel 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:
- Nonpareil Apricot Kernel Oil
- California Apricot Kernel Oil
- Mission Apricot Kernel Oil
- Others
- By Application:
- Cosmetics
- Food
- Others
- 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 Apricot Kernel 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?
Apricot kernel oil is a natural oil extracted from the kernels of apricots. It has a light, sweet flavor and is used in cosmetics, food products, and fragrances.
Some of the major players in the apricot kernel oil market are Caloy, NOW Foods, La Tourangelle, Plimon, Natural Oils International, Alqvimia, Mountain Ocean, Provital Group, AAK Natural Oils, ESI, Caloy, UÄŸurluoÄŸlu Vegetable Oil, K. K. Enterprise.
The apricot kernel oil market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Apricot Kernel 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 Apricot Kernel Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Apricot Kernel 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 Apricot Kernel 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 Apricot Kernel Oil Market Size & Forecast, 2018-2028
4.5.1 Apricot Kernel Oil Market Size and Y-o-Y Growth
4.5.2 Apricot Kernel Oil Market Absolute $ Opportunity
Chapter 5 Global Apricot Kernel Oil 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 Apricot Kernel Oil Market Size Forecast by Type
5.2.1 Nonpareil Apricot Kernel Oil
5.2.2 California Apricot Kernel Oil
5.2.3 Mission Apricot Kernel Oil
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Apricot Kernel Oil 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 Apricot Kernel Oil Market Size Forecast by Applications
6.2.1 Cosmetics
6.2.2 Food
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Apricot Kernel 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 Apricot Kernel 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 Apricot Kernel Oil Analysis and Forecast
9.1 Introduction
9.2 North America Apricot Kernel Oil 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 Apricot Kernel Oil Market Size Forecast by Type
9.6.1 Nonpareil Apricot Kernel Oil
9.6.2 California Apricot Kernel Oil
9.6.3 Mission Apricot Kernel Oil
9.6.4 Others
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 Apricot Kernel Oil Market Size Forecast by Applications
9.10.1 Cosmetics
9.10.2 Food
9.10.3 Others
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 Apricot Kernel Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Apricot Kernel Oil 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 Apricot Kernel Oil Market Size Forecast by Type
10.6.1 Nonpareil Apricot Kernel Oil
10.6.2 California Apricot Kernel Oil
10.6.3 Mission Apricot Kernel Oil
10.6.4 Others
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 Apricot Kernel Oil Market Size Forecast by Applications
10.10.1 Cosmetics
10.10.2 Food
10.10.3 Others
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 Apricot Kernel Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Apricot Kernel Oil 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 Apricot Kernel Oil Market Size Forecast by Type
11.6.1 Nonpareil Apricot Kernel Oil
11.6.2 California Apricot Kernel Oil
11.6.3 Mission Apricot Kernel Oil
11.6.4 Others
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 Apricot Kernel Oil Market Size Forecast by Applications
11.10.1 Cosmetics
11.10.2 Food
11.10.3 Others
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 Apricot Kernel Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Apricot Kernel Oil 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 Apricot Kernel Oil Market Size Forecast by Type
12.6.1 Nonpareil Apricot Kernel Oil
12.6.2 California Apricot Kernel Oil
12.6.3 Mission Apricot Kernel Oil
12.6.4 Others
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 Apricot Kernel Oil Market Size Forecast by Applications
12.10.1 Cosmetics
12.10.2 Food
12.10.3 Others
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) Apricot Kernel Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Apricot Kernel Oil 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) Apricot Kernel Oil Market Size Forecast by Type
13.6.1 Nonpareil Apricot Kernel Oil
13.6.2 California Apricot Kernel Oil
13.6.3 Mission Apricot Kernel Oil
13.6.4 Others
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) Apricot Kernel Oil Market Size Forecast by Applications
13.10.1 Cosmetics
13.10.2 Food
13.10.3 Others
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 Apricot Kernel Oil Market: Competitive Dashboard
14.2 Global Apricot Kernel Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Caloy
14.3.2 NOW Foods
14.3.3 La Tourangelle
14.3.4 Plimon
14.3.5 Natural Oils International
14.3.6 Alqvimia
14.3.7 Mountain Ocean
14.3.8 Provital Group
14.3.9 AAK Natural Oils
14.3.10 ESI
14.3.11 Caloy
14.3.12 Uğurluoğlu Vegetable Oil
14.3.13 K. K. Enterprise
