Title: Almond Oil Market
1Almond Oil MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
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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. However, owing to huge inclination and
supply focus to small regions impeded the overall
market growth. - A detailed analysis of strengths, weaknesses,
opportunities, and threats will be provided in
the Almond Oil Market.
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By Distribution Channel- Segment Analysis The
Almond Oil Market based on distribution channels
can be further segmented into offline and online.
Offline held a dominant market share in the year
2021 owing to the vast application usage in food
products and beverages. Plant-based milk
especially almond milk is thickening its bases as
users complained that plant-based milk is
thinner than dairy-milk. Plant-based milk
products are growing continually, and offline
distribution channels are the major way through
which such products reach the end-user, as they
come under the tag of convenience. As per the
data released by the Plant-Based Milk
Association, milk grew 20.4 from 2019 to 2020
and had a maximum revenue share of 2.5 billion
in 2020. Moreover, almond milk creamers, which
use almond milk grew by 32.5 from 2019.
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- Almond Oil 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 More About the Report _at_
https//www.industryarc.com/Research/Almond-Oil-M
arket-Research-504594
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
- Purchase Full Report https//www.industryarc.com/p
urchasereport.php?id504594
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com