Global Demand for Almond Oil Market Expected to bolster the Growth during 2017-2021 at a High CAGR of 12.66%

Published on : Apr 27, 2017

Albany, New York, April 27, 2017: According to the latest analysis on almond oil, the growing awareness regarding the health benefits of almond oil has boosted the demand for almond oil and related products across the globe. Considering all the benefits of Almonds, Almond products possess very high market demand and market potential globally, which is also expected to grow substantially in the coming years. This has been clearly stated in the latest report, broadcasted to the huge portfolio of Market Research Hub’s research offerings and titled as “Global Almond Oil Market 2017-2021”. Through this analysis, analysts have forecasted the global almond oil market to grow at a CAGR of 12.62% during the given period. To calculate the market size, the report presents a detailed portrait of the market by way of study, synthesis and summation of data from multiple sources.

Initially, the report presents market current scenario along with its introduction, market size, forecast and segmentation. In terms of geography, the study pours light on some key regions, such as APAC, Americas and EMEA. For each region, the report presents an analysis of market trends, drivers and the presence of key players along with their revenue and market share. Almonds are among some of the most delicious nuts, which are not only used for their taste, but also for the healthy substances found within these. Almond oil is an essential oil extracted from almonds and is used for cosmetic preparations, flavoring and medicinal purposes. There are two types of almond oil:

  • Sweet almond oil- It is used in preparing perfumes and confections.
  • Bitter almond oil- It is used primarily in the manufacture of cosmetics, medicines and perfumes.

Moreover, the report segments the market on the basis of applications, such as cosmetics and food industry. Some of the major benefits of almond oil include regulate cholesterol, protects against diabetes, reduces the risk of heart disease, promotes healthy weight, great for skin and hair etc. Since almond oil suits all skin types, it is used as a carrier oil in aromatherapy and massage therapies, subsequently increasing their demand in the coming years. According to the findings, the rise in awareness about the benefits of almond oils and the growth of the spa industry in the region will fuel the growth of the market in the Americas region.

In the next section, the report highlights the major market dynamics impacting the growth of the market. Currently, the rising demand for aromatherapy is one of the primary drivers for market growth. Whereas, new product launches, clean labeling and growing preference for online shopping are the major market trends.

The next section of the report covers brief vendor landscape by profiling major players, which are as follows.

  • AAK
  • Oil Seed Extractions
  • Frontier Natural Products (Aura Cacia)
  • Flora
  • Proteco

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Some other prominent vendors available in the market are Dabur, Bajaj, Grupo Plimon, Mountain Ocean, ESI, Caloy etc. In this section, the key business strategies adopted by these players have also been included in the research report in order to guide the market entrants.

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