MARKET OVERVIEW

Almond oil is mostly extracted with the help of applying cold pressure method, and they are a rich source of oil which is mainly extracted from the almond kernels of tree Prunus dulcis. It is known as a nutshell for various vitamins as well as minerals which are further used in various food and personal care products. As the ‘organic’ trend continues to proliferate, there is a high demand for organic variants of almond oil significantly; hence manufacturers are also offering organic almond oil in the market.

MARKET SCOPE

The “Global Almond Oil Market Analysis to 2028” is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the almond oil market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading almond oil market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• Based on type, the global almond oil market is segmented into sweet almond oil and bitter almond oil
• Based on application, the market is bifurcated into food industry, personal care, pharmaceutical, and others

MARKET DYNAMICS

Drivers-

• Increasing use of almond oil in aromatherapy and personal care products
• Increasing almond oil application in food industry
• Rising demand for organic oil and the rising innovation by the manufacturers

Restraints-

• Higher price of almond oil and availability of substitute products may restrict the market growth

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The almond oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the almond oil market in these regions.

IMPACT OF COVID-19 ON ALMOND OIL MARKET

As of June 2021, the US, India, Brazil, Russia, Spain, France, the UK, Turkey, and Italy, are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 is affecting economies and several industries in different countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants and factories has also been affected the global supply chains also negatively impacted the manufacturing, delivery schedules, and sales of goods in the global market. In addition, the global travel bans further imposed by countries in Europe, Asia-Pacific, and North America are also affecting business collaborations as well as partnership opportunities.

Due to the Covid-19 pandemic, the food and beverage industry is also facing huge losses, which is further impacting the world economy. It has further disrupted the transportation system and disrupted the supply of raw materials. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the almond oil market. However, as the economies are planning to revive their operations, the demand for almond oil is presumed to rise since consumers are buying food products through online retailers. In addition, food & beverage producing companies are also taking some safety measures to fight the coronavirus, which include limiting direct contact with delivery person & visitors, strengthening & communicating proper hygiene practices, and conducting complete sanitations & eliminating personnel contact during shift changes. With all these factors, it can be presumed that in post-pandemic times, the demand for these products will take a hike.

KEY

Almond Oil Market Report Analysis

Almond Oil Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• AOS Products Private Limited
• Bajaj
• Blue Diamond Growers
• Caloy Quality Natural Oils
• Frontier Natural Products Co-op
• Liberty Vegetable Oil Company
• Mountain Ocean Ltd.
• NOW Foods
• Proteco Oils

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Sweet Almond Oil
• Bitter Almond Oil

By Application

• Food Preparation
• Cosmetic
• Pharmaceutical
• Others

By Distribution Channel

• Hypermarkets and Supermarkets
• Food Specialty Sores
• Pharmacy
• Cosmetic Discounter
• Others

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• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

MARKET PLAYERS

The report covers key developments in the almond oil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from almond oil market are anticipated to witness lucrative growth opportunities in the future with the rising demand for almond oil in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the almond oil market. In addition, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last 3 years, the key developments in the last five years.

• AOS Products Private Limited
• Bajaj
• Blue Diamond Growers
• Caloy Quality Natural Oils
• Frontier Natural Products Co-op
• Liberty Vegetable Oil Company
• Mountain Ocean Ltd.
• NOW Foods
• Proteco Oils
• Yash Exports

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Almond Oil Market Report Scope