Almond Oil Market Synopsis

Almond Oil Market Size Was Valued at USD 2.7 Billion in 2023, and is Projected to Reach USD 4.9 Billion by 2032, Growing at a CAGR of 6.9% From 2024-2032.

Almond oil is a multifunctional and beneficial oil extracted from almond kernels or almond nuts. It is perhaps most commonly known for use in washing and cleaning products such as soaps, shampoos and pastes, and also in cooking. It contains vitamin E, essential fatty acids and antioxidants; it has beneficial effects on the skin and aids in moisturizing the skin. The conditioner is very smooth and can be used for massaging the body and as a carrier oil for aromatherapy. It also adds some strength and luster to hair and is recommended in most hair treatments and conditioners. In food preparation almond oil brings a taste of almonds and is usually used as a combination oil or in a dish as a dressing. The health values and uses it offers have established almond oil as a popular natural product in the cosmetic area and cooking.

• The major driving force for the global market is the rising consciousness of people towards using natural and organic products for skin care. In this regard, there is a growing consciousness of the efficacy of these plant based oils hence a boost to the market. In addition, the arising trend toward health and beauty along with the focus on personal care and rejuvenating effects offered by the product has a prompting effect. Besides, the influence of omega-3 fatty acids in the product is boosting the sales of the market.
• Besides, the growing utilization of the product in massage therapy for recreational and stress alleviation procedures is the primary driver of the market. Besides, the growing use of the product in aromatherapy and essential oil mixtures is adding to the market’s fortification. Further, increased implementation of the product for hair improvement in terms of texture and reduced manifestations of skin reactions on the scalp and dandruff are aiding the market.
• They include; increased production of aromatherapy products, an increasing preference by customers to organic cosmetic products and urbanization. In addition, increase in uses of almond oil in the arise in the pharmaceutical sector.
• Moreover, especially for vegetarians, they will find almond oil as a rich source of protein and iron that mostly a deficiency by vegetarians and the same plays the role of a push factor for the growth of this market. Singly, the application of almond oil in the form of hair products for dandruff and damaged hair also works in the favor of the development of the market. This is so because people with hair related complications have increased demand for almond oil. Cost factor also discourages growth of almond oil market revenue where the price of almond oil is comparatively higher than other type of oil.

Almond Oil Market Trend Analysis

Expansion of the natural cosmetics industry

• Market expansion is favorably influencing the natural cosmetics industry in particular. The consumers already know that what they require for use is available in the natural form and it is free from the synthetic chemicals. Thus, it can be seen that almond oil, containing a host of nutrients and with multiple uses, fits the bill to perfection. With the growth of natural cosmetics, companies of skincare and hair products add this oil since it benefits skin and hair health. This trend is due to the fact that the consumers from the modern world are more conscious to the fact and try to pick products which are friendly to the skin and nature.
• The steady growth of the natural cosmetics market not only positively affects producers of these products and emphasizes the global tendency to actively use natural remedies in the fight against different skin problems while using personal care products, thus stimulating the further development of the market.

Increasing product utilization in natural baby care products

• The rising product adoptation in natural baby care products in driving the market forward. This was achieved through the realization that parents were willing to spare their tender babies’ skin from chemicals. It is a good product that is almost free from scent, contains vitamin and is suitable for use during massage for infants, as a moisturizer and as a diaper rash cream. This means that the qualities o f being gentle on the skin and protection of this weak skin falls in line with budding need for safe and natural products that can be used on a baby.
• The aforementioned trends of healthy and good parenting plus the need for the best in infants have led to the inclusion of oil in baby care brands. This factor not only broadens the market, but also reasserts confidence in using it and the importance for the health and comfort of the productive members of the family – the children.

Almond Oil Market Segment Analysis:

Almond Oil Market Segmented based on type, application and distribution channel.

By type, sweet almond oil segment is expected to dominate the market during the forecast period

• Sweet Almond Oil which is mild in taste and used in various sectors is favorable by clients of both food and non-food consumerism. This versatility to be used as food seasoning and in cosmetic makes it to have more market value. In the kitchen, its function in top-quality meals, salad dressings, and baked goodies is enough to shoot up its popularity among gourmands.
•  At the same time, incorporating into natural skincare and haircare products, including lotions, serums, and shampoos, builds on the emergence of natural components into individual grooming practices. Thus, this division emphasizes the adaptability of Sweet Almond Oil and the possibility for it to meet different consumer needs. Thus, the rising applications of this oil for cooking to cosmetic purposes are considerably contributing to the development of the market.

By application, cosmetics segment held the largest share in 2023

• High vitamin content and moisturizing effect of the oil make it valuable for use in the cosmetics industry as a component. It is used in formats such as creams, lotions, serums, hair care products, shampoos, and conditioners among other beauty care products. Their organic nature appeals to those conscious of the products they use as it is marketed as a gentle skin process.
•  Furthermore, owing to the trend of focusing on the overall health and wellbeing of the human body, the call for skincare products that are all-natural and very healthy has shooting up. This form of partitioning the breakup by application particularly focusing on cosmetics reflect the ability of this oil to enhance healthier skin and hair, needs that are changing with the advanced generations. Therefore, the use of the prodct in cosmetic applications is of grater significance in propelling the market.

Almond Oil Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• An expanded market demand of natural and health-oriented products in North America has played a significant role in product popularity. Specifically, the process’s uses for the skin and hair, as well as in cooking, which reflects the region’s balanced approach to health. The fact that the product utilises plant-based and environmentally friendly ingredients boosts the popularity of the item even higher.
•  In today’s trading environment where consumers are searching for products that support their healthy lifestyle, the nutritional density of the product that fits multiple functions is desirable. The breakdown by region reconstructed, to focus on North America, demonstrates how the company is fitting the product into as many segments of the consumer’s lifestyles the market is growing by a consumer set that continues to gravitate toward healthful options and those associated with natural products.

Active Key Players in the Almond Oil Market

• AOS Products Private Limited
• Ashwin Fine Chemicals and Pharmaceuticals
• Bajaj Consumer Care Ltd.
• Blue Diamond Growers Inc.
• Caloy Company LP
• Dabur India Ltd.
• Eden Botanicals
• ESI srl
• Flora Manufacturing & Distributing Ltd.
• Liberty Vegetable Oil Company
• Mountain Ocean Ltd.
• Other Key Players

Key Industry Developments in the Almond Oil Market:

• In 2023 Blue Diamond Growers Inc. has initiated USDA Climate-Smart Commodities Grant Program. This program is expected to mark a significant development in the boosting of climate smart practices in the almond orchards.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Almond Oil Market by Type
 4.1 Almond Oil Market Snapshot and Growth Engine
 4.2 Almond Oil Market Overview
 4.3 Sweet Almond Oil
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Sweet Almond Oil: Geographic Segmentation Analysis
 4.4 Bitter Almond Oil
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Bitter Almond Oil: Geographic Segmentation Analysis

Chapter 5: Almond Oil Market by Application
 5.1 Almond Oil Market Snapshot and Growth Engine
 5.2 Almond Oil Market Overview
 5.3 Food Preparation
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Food Preparation: Geographic Segmentation Analysis
 5.4 Cosmetics
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Cosmetics: Geographic Segmentation Analysis
 5.5 Pharmaceutical
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Pharmaceutical: Geographic Segmentation Analysis
 5.6 Others
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Others: Geographic Segmentation Analysis

Chapter 6: Almond Oil Market by Distribution Channel
 6.1 Almond Oil Market Snapshot and Growth Engine
 6.2 Almond Oil Market Overview
 6.3 Supermarkets & Hypermarkets
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Supermarkets & Hypermarkets: Geographic Segmentation Analysis
 6.4 Food Specialty Stores
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Food Specialty Stores: Geographic Segmentation Analysis
 6.5 Pharmacy
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Pharmacy: Geographic Segmentation Analysis
 6.6 Cosmetic Discounters
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Cosmetic Discounters: Geographic Segmentation Analysis
 6.7 Others
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Others: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Almond Oil Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 AOS PRODUCTS PRIVATE LIMITED
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 ASHWIN FINE CHEMICALS AND PHARMACEUTICALS
 7.4 BAJAJ CONSUMER CARE LTD
 7.5 BLUE DIAMOND GROWERS INC
 7.6 CALOY COMPANY LP
 7.7 DABUR INDIA LTD
 7.8 EDEN BOTANICALS
 7.9 ESI SRL
 7.10 FLORA MANUFACTURING & DISTRIBUTING LTD
 7.11 LIBERTY VEGETABLE OIL COMPANY
 7.12 MOUNTAIN OCEAN LTD
 7.13 OTHER KEY PLAYER

Chapter 8: Global Almond Oil Market By Region
 8.1 Overview
 8.2. North America Almond Oil Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
   8.2.4.1 Sweet Almond Oil
   8.2.4.2 Bitter Almond Oil
  8.2.5 Historic and Forecasted Market Size By Application
   8.2.5.1 Food Preparation
   8.2.5.2 Cosmetics
   8.2.5.3 Pharmaceutical
   8.2.5.4 Others
  8.2.6 Historic and Forecasted Market Size By Distribution Channel
   8.2.6.1 Supermarkets & Hypermarkets
   8.2.6.2 Food Specialty Stores
   8.2.6.3 Pharmacy
   8.2.6.4 Cosmetic Discounters
   8.2.6.5 Others
  8.2.7 Historic and Forecast Market Size by Country
   8.2.7.1 US
   8.2.7.2 Canada
   8.2.7.3 Mexico
 8.3. Eastern Europe Almond Oil Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
   8.3.4.1 Sweet Almond Oil
   8.3.4.2 Bitter Almond Oil
  8.3.5 Historic and Forecasted Market Size By Application
   8.3.5.1 Food Preparation
   8.3.5.2 Cosmetics
   8.3.5.3 Pharmaceutical
   8.3.5.4 Others
  8.3.6 Historic and Forecasted Market Size By Distribution Channel
   8.3.6.1 Supermarkets & Hypermarkets
   8.3.6.2 Food Specialty Stores
   8.3.6.3 Pharmacy
   8.3.6.4 Cosmetic Discounters
   8.3.6.5 Others
  8.3.7 Historic and Forecast Market Size by Country
   8.3.7.1 Bulgaria
   8.3.7.2 The Czech Republic
   8.3.7.3 Hungary
   8.3.7.4 Poland
   8.3.7.5 Romania
   8.3.7.6 Rest of Eastern Europe
 8.4. Western Europe Almond Oil Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
   8.4.4.1 Sweet Almond Oil
   8.4.4.2 Bitter Almond Oil
  8.4.5 Historic and Forecasted Market Size By Application
   8.4.5.1 Food Preparation
   8.4.5.2 Cosmetics
   8.4.5.3 Pharmaceutical
   8.4.5.4 Others
  8.4.6 Historic and Forecasted Market Size By Distribution Channel
   8.4.6.1 Supermarkets & Hypermarkets
   8.4.6.2 Food Specialty Stores
   8.4.6.3 Pharmacy
   8.4.6.4 Cosmetic Discounters
   8.4.6.5 Others
  8.4.7 Historic and Forecast Market Size by Country
   8.4.7.1 Germany
   8.4.7.2 UK
   8.4.7.3 France
   8.4.7.4 Netherlands
   8.4.7.5 Italy
   8.4.7.6 Russia
   8.4.7.7 Spain
   8.4.7.8 Rest of Western Europe
 8.5. Asia Pacific Almond Oil Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
   8.5.4.1 Sweet Almond Oil
   8.5.4.2 Bitter Almond Oil
  8.5.5 Historic and Forecasted Market Size By Application
   8.5.5.1 Food Preparation
   8.5.5.2 Cosmetics
   8.5.5.3 Pharmaceutical
   8.5.5.4 Others
  8.5.6 Historic and Forecasted Market Size By Distribution Channel
   8.5.6.1 Supermarkets & Hypermarkets
   8.5.6.2 Food Specialty Stores
   8.5.6.3 Pharmacy
   8.5.6.4 Cosmetic Discounters
   8.5.6.5 Others
  8.5.7 Historic and Forecast Market Size by Country
   8.5.7.1 China
   8.5.7.2 India
   8.5.7.3 Japan
   8.5.7.4 South Korea
   8.5.7.5 Malaysia
   8.5.7.6 Thailand
   8.5.7.7 Vietnam
   8.5.7.8 The Philippines
   8.5.7.9 Australia
   8.5.7.10 New Zealand
   8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Almond Oil Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
   8.6.4.1 Sweet Almond Oil
   8.6.4.2 Bitter Almond Oil
  8.6.5 Historic and Forecasted Market Size By Application
   8.6.5.1 Food Preparation
   8.6.5.2 Cosmetics
   8.6.5.3 Pharmaceutical
   8.6.5.4 Others
  8.6.6 Historic and Forecasted Market Size By Distribution Channel
   8.6.6.1 Supermarkets & Hypermarkets
   8.6.6.2 Food Specialty Stores
   8.6.6.3 Pharmacy
   8.6.6.4 Cosmetic Discounters
   8.6.6.5 Others
  8.6.7 Historic and Forecast Market Size by Country
   8.6.7.1 Turkey
   8.6.7.2 Bahrain
   8.6.7.3 Kuwait
   8.6.7.4 Saudi Arabia
   8.6.7.5 Qatar
   8.6.7.6 UAE
   8.6.7.7 Israel
   8.6.7.8 South Africa
 8.7. South America Almond Oil Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
   8.7.4.1 Sweet Almond Oil
   8.7.4.2 Bitter Almond Oil
  8.7.5 Historic and Forecasted Market Size By Application
   8.7.5.1 Food Preparation
   8.7.5.2 Cosmetics
   8.7.5.3 Pharmaceutical
   8.7.5.4 Others
  8.7.6 Historic and Forecasted Market Size By Distribution Channel
   8.7.6.1 Supermarkets & Hypermarkets
   8.7.6.2 Food Specialty Stores
   8.7.6.3 Pharmacy
   8.7.6.4 Cosmetic Discounters
   8.7.6.5 Others
  8.7.7 Historic and Forecast Market Size by Country
   8.7.7.1 Brazil
   8.7.7.2 Argentina
   8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research