The Asia Pacific Almond Oil Market was worth USD 280 million in 2018 and estimated to be growing at a CAGR of 12. 5%, to reach USD 500 million by 2023. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the cosmetics industry.
Almond oil is vital oil obtained from extracting almonds and is used as an ingredient for cosmetic preparations, for adding flavour, and for its medicinal properties. The almond oil can be colourless or pale yellow or yellow, and is prepared by using various techniques.
The growing demand for aromatherapy is a major driver for market growth. Aromatherapy involves the usage of essential oils for a variety of health conditions and becoming popular among spa customers. Another drivers for the market growth are increasing preference for online shopping leading to higher profit margins, and rising number of retailing channels. However, lack of awareness and low affordability proves to be a major challenge for Almond Oil market in some regions.
The Asia Pacific Almond Oil Market is segmented on the basis of Product into Sweet Almond Oil and Bitter Almond Oil. On the basis of Application, the market is segmented into Cosmetics and Food.
On the basis of geography, the Asia Pacific market is analysed under various regions namely China, India, Japan and South Korea. With growing disposable incomes and increased awareness the market will grow significantly in future years.
Some of the major companies dominating the market, by their products are AAK, Frontier Natural Products, Flora, Oil Seed Extractions, Proteco, Bajaj, Dabur and Caloy .
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Sweet almond oil
5.1.3 Bitter almond oil
5.1.4 Y-o-Y Growth Analysis, By Product
5.1.5 Market Attractiveness Analysis, By Product
5.1.6 Market Share Analysis, By Product
5.2 Application
5.2.1 Introduction
5.2.2 Cosmetics
5.2.3 Food
5.2.4 Y-o-Y Growth Analysis, By Application
5.2.5 Market Attractiveness Analysis, By Application
5.2.6 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 AAK
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Frontier Natural Products
8.3 Flora
8.4 Oil Seed Extractions
8.5 Proteco
8.6 Bajaj
8.7 Dabur
8.8 Caloy
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
