Title: Almond Oil Market - Forecast(2022 - 2027)
1Almond Oil Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- The Almond Oil Market size is estimated to reach
1,052 million by 2027. Furthermore, it is
poised to grow at a CAGR of 4.7 over the
forecast period of 2022-2027. Almond has been
gaining immense market traction over the last
five years. - Predominantly owing to the rising veganism
trend and the tendency of people to adopt vegan
diets which can provide them with the needed
protein and energy for the entire day.
Additionally, almond oil has been extensively
used in cosmetic products owing to its excellent
chemical properties making the skin smooth and
nutritively healthy. - As the practices for food adulteration are
growing, various practices have been adopted such
as the use of isotope ratio mass spectrometry.
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- Key Takeaways
- Geographically, North America held the dominant
market share in the year 2021. It is owing to the
predominant position of the region in supplying
the raw material almond. Additionally, the
established pharmaceutical-nutraceutical and
cosmeceutical industries propel the usage of
almond oil in making end-products. However,
Asia-Pacific is expected to offer lucrative
growth opportunities to the marketers owing to
heightened demand from the application industry
fuelled by new product launches and brands
focussing on using and publicizing almonds as the
health beneficiary factor. - The medicinal benefits offered by the almond oil,
which aids all age groups has been a key market
driver
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Almond Oil Market Segmentation Analysis By Type
The Almond Oil market based on type can be
further segmented into Sweet Almond Oil and
Bitter Almond Oil. Sweet Almond Oil held a
dominant market share in the year 2021. The sweet
almond tree is a deciduous tree, which stands
30ft tall from the ground. Additionally, almonds
are not tree nuts but are drupes. Drupes refer to
an outer hull surrounding a hard shell that
contains the seed as we know them inside. It is
from the said drupes- the sweet almond oil is
extracted. Sweet Almond Oil has been of prevalent
use owing to its cross-applicative nature.
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- Almond Oil Market Industry Outlook
- AAK
- Frontier Natural Products
- Flora
- Proteco
- Bajaj
- Caloy
- Dabur
- ESI
- GrupoPilimon
- HuilesBertin
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Almond Oil Market- Forecast(2022 - 2027) Learn
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.com/Research/Almond-Oil-Market-Research-504594
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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