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The global Argan oil market revenue is expected to approach the valuation of around US$ 6 Bn by 2022 end. Prominent applicability of Argan oil across the beauty circle is likely to receive an equally strong parallel support by the growing awareness about cardiac activity boosting properties of Argan oil. The latter factor is identified to serve critical in elevating Argan oil usage in food and beverages industry in the near future, translating into an estimated revenue of over US$ 1.5 Bn by the end of 2022.
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global Argan Oil market considering 2012-2016 as the historic year and 2017–2022 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
The Argan Oil market study outlines the key regions – North America, Latin America, Europe, Japan, APEJ and Middle East & Africa– along with the countries contributing the most in the respective regions.
Prominent players covered in this research are Green Fields Oil Factory, Plant Therapy Essential Oils, Lionel Hitchen Essential Oils, Aromaaz International, Greenleaf Extractions Pvt Ltd., IL Health & Beauty Natural Oils Co. Inc., Biolandes, doTerra, The Lebermuth Company, Synthite Industries Ltd., Shaanxi Guanjie Technology Co., Bio Extracts (Pvt) Ltd., Aksuvital, Young Living Essential Oils LC, and Natures Natural India.