Bitter Almond Oil Market Synopsis

Bitter Almond Oil Market Size Was Valued at USD 2.95 Billion in 2023 and is Projected to Reach USD 6.16 Billion by 2032, Growing at a CAGR of 8.52% From 2024-2032.

Bitter Almond Oil is derived from the seeds of the Prunus dulcis tree which is a pale-yellow essential oil obtained from bitter almonds by distillation from the almond cake or meal. It is essential in various nutrients like fats, vitamins, fibers, minerals, and fiber.

• It is utilized in Household extracts as a Natural almond extract for home or institutional cooking purposes that has a standard of identity, it is used in the Carbonated beverage industry in the production of “cherry” flavored soft drinks. It is Used extensively in baked goods and other specialty items with oil of bitter almond taste such as Marzipan, Persipan, Maczaroon pastes, etc.

• It is used in the creation of natural flavors and fragrances in baking, confections, and beverages, as it has the properties of bactericidal, germicidal, vermifuge, fungicidal, sedative, anesthetic, aperient, diuretic, anti-carcinogenic, etc It can be used to treat spasms, pain, cough, itch, digestive issues and also for treating fungal infections.
• Since it has the properties of easy absorption, it can deliver its high nutritional content deep within layers of the dermis to heal and nourish the skin powerfully. It is rich in vitamin E, allowing it to fight off free radicals and reverse signs of aging like fine lines and wrinkles. It is great for hair as well and helps in the maintenance of a healthy scalp which in turn strengthens hair follicles and maintains a neutral pH, which helps in preventing hair loss and weakened hair like Dryness and Dandruff.

• As of 2022/23, domestic consumption of almonds amounted to about 1.56 million metric tons worldwide. According to the report, global almond consumption was about 1.54 million metric tons in 2020/2021. This Report says that there is an increase in the consumption of almonds.

Bitter Almond Oil Market Trend Analysis:

Growing Consumer Preferences for Plant-Based Ingredients in the Personal Care Industry 

• Almond oil gets absorbed in our skin quickly, which makes it a powerful and effective moisturizer, it is a light oil that does not feel greasy and is loaded with Vitamin E, a powerful antioxidant that helps to maintain beautiful skin and helps in the production of collagen. As it contains natural SPF 5 it will protect the skin and scalp from sun damage.
• It is also used in anti-aging creams, that can fight off free radicals and reverse signs of aging like wrinkles and fine lines. It is widely used in the components of hair products, which helps in strengthening the hair and promoting shine of hair, so it is commonly used as a hair conditioner or hair tonic.
• The antibacterial and antimicrobial properties of pure bitter almond oil help keep the acne-causing bacteria away while also being useful for treating cuts, wounds, and scrapes. It also has antifungal properties which help to inhibit fungal growth.

Opportunity

Market Expansion Through Retail and E-Commerce Channels

• As the evolution of consumer preferences takes place, the convenience and accessibility offered by online platforms contribute to heightened market reach. leveraging e-commerce channels increases the reach and accessibility. Establishing an online presence through a dedicated e-commerce platform and popular marketplaces will help in broadening the consumer base beyond geographical regions. With the rising trend of online shopping, especially in the health and wellness sector, tapping into e-commerce opens avenues for reaching tech-savvy consumers who prefer convenience and a wide range of product choices.
• Effective marketing strategies play a major role in acquiring this opportunity, Highlighting the unique qualities of bitter almond oil, such as organic origin and variable applications, through targeted digital campaigns and influencer partnerships enhances brand visibility and consumer engagement. Retailers and e-commerce platforms serve as effective avenues for displaying and distributing bitter almond oil products to a wider consumer base and for fostering global market growth.

Bitter Almond Oil Market Segment Analysis:

Bitter Almond Oil Market Segmented since Type, Application, and Distribution Channel

By Type, Industrial Grade Segment Is Expected to Dominate the Market During the Forecast Period

• Bitter almond oil has evolved in the flavorings and fragrances industry for its intense almond flavor and rich, nutty aroma. It is used as a flavor enhancer in products like baked goods, liqueurs, and confectionery, adding depth and complexity. In perfumery, it serves as a natural aromatic ingredient, imparting warm and sweet notes to fragrances.
• This oil is also beneficial for hair health hence it is used in shampoos, hair masks, conditioners, and styling products to moisturize the scalp, strengthen hair follicles, and add shine to the hair. Its lightweight texture allows it to penetrate through the hair shaft, helping to nourish and protect against damage from heat styling and environmental stressors.
• It is utilized in the Cosmetics and Personal care industry as it is rich in vitamins and antioxidants, and is prized in cosmetics. It moisturizes and nourishes the skin, strengthens the hair, and also adds fragrance. It is used in pharmaceutical preparations for its antimicrobial, anti-inflammatory, and analgesic properties to heal cuts, wounds, etc.

By Application, Cosmetics Segment Held the Largest Share In 2022

• Cold-pressed Bitter almond oil is highly rich in nutrients it contains Vitamin E, Phosphorous, Magnesium, and Copper. It acts as an anti-inflammatory agent and thus boosts immunity. It has its natural SPF 5 value which helps in protecting from the sun and also helps to improve the complexion. Its antimicrobial and antibacterial properties of bitter almond oil can help keep the acne-causing bacteria away and are useful to treat cuts, wounds and scrapes.
• Organic Bitter almond oil is widely used in the various components of hair products, as it helps in strengthening the hair, and benefits the shine of hair, so it is common to use almond oil as a hair conditioner, helps to fight dandruff and protect the hair from getting damage. Due to its anti-inflammatory properties, it helps reduce the puffiness around and dark circles under the eyes and it is also traditionally used to treat dry skin and some skin conditions, such as eczema and psoriasis.

Bitter Almond Oil Market Regional Insights:

North America Is Expected to Dominate the Market Over the Forecast Period

• North America is dominating the bitter almond oil market, it holds the largest revenue share globally this leadership is attributed to the rising adoption of almond oil in the cosmetic industry and the presence of key industry players in the U.S. and Canada. The region's robust market position is driven by the growing demand from consumers for almond oil-based cosmetic products and the established market influenced many of the major players in North America.
• The cosmetic and personal care industry in North America represents a significant market segment for bitter almond oil, with its moisturizing and nourishing properties, bitter almond oil is sought as an ingredient in skincare products such as creams, serums, lotions, and hair care products like shampoos and conditioners. Its natural fragrance also makes it a popular choice for perfumes and aromatherapy blends.
• It is also used in baking, confectionery, and flavoring of various dishes, adding a distinctive almond flavor and aroma Manufacturers are developing new formulations, packaging formats, and marketing strategies to appeal to diverse consumer preferences e-commerce platforms have expanded the reach of bitter almond oil products, allowing consumers to access them conveniently.

Bitter Almond Oil Market Top Key Players:

• Now Foods (USA)
• Mountain Rose Herbs (USA)
• Aura Cacia (USA)
• Aos Product Pvt. Ltd. (India)
• A.G. Organica (India)
• Australian Botanical Products (Australia)
• Moksha (India)
• Shaanxi Guanjie Technology Co., Ltd. (China)
• Tianjin Norland Biotech Co., Ltd. (China)
• Avena Herbal Products (UK)
• Jiangxi Baicao Pharmaceutical Co., Ltd. (China)
• Deve Herbes (India)
• Parchem Fine & Specialty Chemicals (USA)
• Xi'an Fengzu Biological Technology Co., Ltd. (China)
• Vedaoils (India)
• The Good Scents Company (USA)
• Lionel Hitchen Essential Oils Ltd. (UK)
• Baja Precious - Sweet Almond Oil (Mexico)
• Plant Therapy (USA)
• Aos Products Private Limited (India)
• Jiangxi Yisenyuan Plant Spices Co., Ltd. (China)
• Hebei Lang Mei Biotechnology Co., Ltd. (China)
• Zhong Tang (Dalian) Materials Co., Ltd. (China)
• Blue Diamond Almonds (USA)
• Jiangxi Planty Manor Health Industry Co., Ltd. (China)
• Jiangxi Baicao Pharmaceutical Co., Ltd. (China)
• Parchem Fine & Specialty Chemicals (USA)
• Xi'an Fengzu Biological Technology Co., Ltd. (China) and Other Active Players.

Key Industry Developments in the Bitter Almond Oil Market:

In June 2022, Bajaj Consumer Care Ltd a hair oil brand announced the launch of Bajaj Almond Drops moisturizing soap, enriched with Almond Oil and vitamin E, the soap offers premium moisturization for the skin, leaving it soft, smooth, and glowing with added advantages of pleasant fragrance, ease of rinsing, and competitive pricing, the soap offers an unbeatable value proposition to customers.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. BITTER ALMOND OIL MARKET BY BY TYPE (2016-2030)
   1. BITTER ALMOND OIL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. EDIBLE GRADE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. INDUSTRIAL GRADE
7. BITTER ALMOND OIL MARKET BY APPLICATION (2016-2030)
   1. BITTER ALMOND OIL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. FOOD PREPARATION
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. PHARMACEUTICALS
   5. COSMETICS
8. MARKET BY DISTRIBUTION CHANNEL (2016-2030)
   1. BITTER ALMOND OIL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. HYPERMARKETS/SUPERMARKETS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. FOOD SPECIALITY STORES
   5. INDEPENDENT RETAIL STORES
   6. PHARMACY
   7. COSMETIC DISCOUNTERS
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. BITTER ALMOND OIL Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. NOW FOODS (USA)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. COMPANYB MOUNTAIN ROSE HERBS (USA)
   4. AURA CACIA (USA)
   5. AOS PRODUCT PVT. LTD. (INDIA)
   6. A.G. ORGANICA (INDIA)
   7. AUSTRALIAN BOTANICAL PRODUCTS (AUSTRALIA)
   8. MOKSHA (INDIA)
   9. SHAANXI GUANJIE TECHNOLOGY CO., LTD. (CHINA)
   10. TIANJIN NORLAND BIOTECH CO., LTD. (CHINA)
   11. AVENA HERBAL PRODUCTS (UK)
   12. JIANGXI BAICAO PHARMACEUTICAL CO., LTD. (CHINA)
   13. DEVE HERBES (INDIA)
   14. PARCHEM FINE & SPECIALTY CHEMICALS (USA)
   15. XI'AN FENGZU BIOLOGICAL TECHNOLOGY CO., LTD. (CHINA)
   16. VEDAOILS (INDIA)
   17. THE GOOD SCENTS COMPANY (USA)
   18. LIONEL HITCHEN ESSENTIAL OILS LTD. (UK)
   19. BAJA PRECIOUS - SWEET ALMOND OIL (MEXICO)
   20. PLANT THERAPY (USA)
   21. AOS PRODUCTS PRIVATE LIMITED (INDIA)
   22. JIANGXI YISENYUAN PLANT SPICES CO., LTD. (CHINA)
   23. HEBEI LANG MEI BIOTECHNOLOGY CO., LTD. (CHINA)
   24. ZHONG TANG (DALIAN) MATERIALS CO., LTD. (CHINA)
   25. BLUE DIAMOND ALMONDS (USA)
   26. JIANGXI PLANTY MANOR HEALTH INDUSTRY CO., LTD. (CHINA)
   27. JIANGXI BAICAO PHARMACEUTICAL CO., LTD. (CHINA)
   28. PARCHEM FINE & SPECIALTY CHEMICALS (USA)
   29. XI'AN FENGZU BIOLOGICAL TECHNOLOGY CO., LTD. (CHINA)
10. GLOBAL BITTER ALMOND OIL MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size Application
       5. Historic And Forecasted Market Size By Distribution Channel
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies