Argan Oil Market Segments, Size, Share, Growth, Trends, and Forecast by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Argan Oil Market covers analysis By Category (Organic, Conventional); Application (Food and beverages, Personal care, Aromatherapy, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Sep 2025
  • Report Code : TIPRE00010448
  • Category : Food and Beverages
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

The Argan Oil Market is expected to register a CAGR of 11.1% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The Argan Oil Market report offers a detailed analysis segmented by Product Type, Application, and Region. It features a regional overview highlighting significant markets and countries, ensuring a global perspective. Market evaluations are expressed in US dollars (US$), facilitating a comprehensive understanding of market dynamics, growth trends, and competitive landscapes across various segments. This insight equips stakeholders to identify opportunities and make informed decisions within the expanding argan oil market.

Purpose of the Report

The report Argan Oil Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Argan Oil Market Segmentation

Category

  • Organic
  • Conventional

Application

  • Food and Beverages
  • Personal Care
  • Aromatherapy

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Argan Oil Market: Strategic Insights

argan-oil-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Argan Oil Market Growth Drivers

  • Increased demand from cosmetic industry: It is a popular ingredient used in the cosmetic and personal care products. Argan oil contains anti oxidants and anti-inflammatory characteristics that are some of the benefits that drive its demand in the market. Also there is a trend towards natural and organic products that is leading food and beverage, cosmetics, and the personal care product sector.
  • Manufacturers are shifting to use more argan oil: Sustainable abundance of these products that has encouraged manufacturers to use it. Argan oils is used as a flavoring agent, which also drive the demand for argan oil from the food industry. Besides, argan is good medicine that effectively cures skin wounds, abrasions, and cuts. It is also a medicine that is used to treat high blood pressure and diabetese . As the cases of diabetese increses globally, it is expected to raise the argan oil market share over the coming decade.The argan oil market is being shaped up by many trends that drive the growth of the market and the demand for this product. One of the main trends is the sustainable nature of argan oil production.
  • Rise in e-commerce: Growth in e-commerce results in a systematic change of how buyers find each kind of argan oil, starting from argan oil used for skincare, cosmetic purposes, to culinary, which consequently contributes to sales growth and brand recognition. Besides, this wondorous oil has been advertised by several social media influencers and beauty bloggers who talk about the benefits of argan oil, hence supporting the popularity of argan oil.

Argan Oil Market Future Trends

  • Altering Consumerism: Consumers increasingly showing a preference for organic. The combination of both these trends and more indicates the bright future of argan oil market demand as driven by consumer preferences. Conventionally, argan oil sooner or later has some other organic tags attached to it, which is why the natural tag is used in almost unison with argan oil products.
  • Demand for Ethical: The ethical tag also refers to the chemical-free nature of all processed argan oil and that can rely on most of the time on organic and green methods in product makeover. The market has been driven by the consumer’s preference for natural and organic products. The Argan oil market’s landscape is rattled with myriad opportunities that indicate that it’s growing and brimming with evolving and refreshing innovations.
  • Product Differentiation: More recently, formulation innovations have also emerged in the argan oil market because of the additional applications that brands found on argan oil such as in several hair care, anti-aging treatments, dietary supplements, and many more. The rising consciousness of the oil on food products widens its market applications in culinary settings.

Argan Oil Market Opportunities

  • Touching on the emerging markets: The fast-growing need for the product especially on the Asian and Latin American markets, where the consumers with every passing day continue raising awareness of the need for natural and organic products. On these two critical consumer group, the health drive is high and there’s also increased demand for cosmetology products and quality culinary products, all of which are associated with the consumption of argan oil. This could also be a direction for new product development, such as argan oil added to health supplements, snack foods or wellness goods, thanks to its new-found popularity in holistic health and nutrition.
  • Sustainability: Sustainability is a particular area of interest and, for those businesses who stress socially responsible sourcing and sustainable practices, this is surely a competitive advantage in an ever more crowded marketplace. Relationships with Moroccan cooperatives give legitimacy to the brand and support to local economies.
  • Strategic Marketing: e-commerce and social networking will boost exposure and access - especially to the young, who want the comfort and cred of a one-stop shop. Then, educational and marketing campaigns promoting the benefits of and polyvalence of argan oil can generate curiosity among consumers. With this, the opportunities for business are opened up in a market for argan oil that is yet to explode.

Argan Oil Market Regional Insights

The regional trends and factors influencing the Argan Oil Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Argan Oil Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

argan-oil-market-global-geography
  • Get the Regional Specific Data for Argan Oil Market

Argan Oil Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 11.1%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Category
  • Organic
  • Conventional
By Application
  • Food and Beverages
  • Personal Care
  • Aromatherapy
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ARGANisme Cosmetics S.A.R.L
  • Biopur Sarl
  • Frontier Natural Products Co-op Inc
  • L'OCCITANE Group-Melvita
  • Malak Bio
  • Olvea Group
  • Purus International
  • Zineglob Ltd
  • ARGANBULK

  • Argan Oil Market Players Density: Understanding Its Impact on Business Dynamics

    The Argan Oil Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Argan Oil Market are:

    1. ARGANisme Cosmetics S.A.R.L
    2. Biopur Sarl
    3. Frontier Natural Products Co-op Inc
    4. L'OCCITANE Group-Melvita
    5. Malak Bio

    Disclaimer: The companies listed above are not ranked in any particular order.


    argan-oil-market-cagr

    • Get the Argan Oil Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Argan Oil Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Argan Oil Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    What are the deliverable formats of Argan oil market report?

    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

    What are the options available for the customization of this report?

    Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

    Which are key players in argan oil market?

    Key players in argan oil market - ARGANisme Cosmetics S A R L, Biopur Sarl, Frontier Natural Products Co op Inc, L OCCITANE Group Melvita, Malak Bio, Olvea Group, Purus International, Zineglob Ltd, ARGANBULK

    What is expected CAGR in Argan oil market?

    The market is expected to register a CAGR of 11.1% during 2023-2031

    What are factors impacting on Argan Oil market growth?

    Growing consumer demand for natural and organic products acts as a driving force in the market dynamics of argan oil, with the majority share in the beauty and personal care business. Argan oil has gained a high reputation for its moisturizing and nourishing capabilities; hence, it is turning into a favorite product in skincare, haircare, and cosmetics that appeal to health-conscious consumers.

    What are future trends in argan oil market?

    Among some of the current and prominent trends in the market for argan oil are the growing concerns by customers on the sustainability and safety of the product since it may be internally taken for health reasons. This trend is leading to the increasing demand on organic and sustainably sourced argan oil in the market. The growing trend of skin products using natural argan oil is also another notable factor, as it further enhances the market growth. Argan oil is increasingly being utilised for culinary purposes and skin formulations.

    Shejal Jamdade
    Shejal Jamdade
    Associate Vice President,
    Market Research & Consulting

    With over 12 years of experience in managing custom research projects, Shejal is a seasoned research professional with deep cross-sector expertise spanning Chemicals & Materials, Food & Beverages, Biotechnology, and Consumer Goods. She excels in end-to-end project management, advanced data modelling, and providing strategic support to clients.

    Shejal has successfully led a wide range of high-impact research engagements, consistently guiding clients through complex business challenges and enabling informed decision-making. Her ability to blend analytical rigor with industry knowledge has made her a trusted advisor for clients seeking data-driven strategies and actionable insights. Dedicated to excellence and precision, Shejal continues to play a pivotal role in transforming business objectives into research-driven outcomes.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Identifying Emerging Markets
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Boosting Operational Efficiency
    • Strategic Planning
    • Investment Justification
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Your Key Concerns Addressed - Question & Answer
    Can I view a sample of the report before purchasing?

    Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

    Is analyst support included with the purchase?

    Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

    What are the next steps once I place an order?

    Once your order is successfully placed, you will receive a confirmation email along with your invoice.

    • For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
    • For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

    Can the report be tailored to suit my specific needs?

    We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.

    In what format is the report delivered?

    The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

    The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
    Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

    How secure is the payment process on your platform?

    Our payment process is fully secure and PCI-DSS compliant.

    We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
    You can make your purchase with confidence, knowing your personal and financial information is safe with us.

    Do you provide special pricing for buying multiple reports?

    Yes, we do offer special pricing for bulk purchases.
    If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.

    Can I connect with your team to discuss the report before buying?

    Yes, absolutely.
    Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

    Will I get a billing invoice upon purchase?

    Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
    If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

    Is there support available if I can’t access my report?

    Yes, certainly.
    If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.

    Our Clients
    The List of Companies

    1. ARGANisme Cosmetics S.A.R.L
    2. Biopur Sarl
    3. Frontier Natural Products Co-op Inc
    4. L'OCCITANE Group-Melvita
    5. Malak Bio
    6. Olvea Group
    7. Purus International
    8. Zineglob Ltd
    9. ARGANBULK
    10. Organica Group Ltd
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo