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Asia Pacific Almond Oil Market By Product (Sweet Almond Oil And Bitter Almond Oil), By Application (Cosmetics And Food), And By Region -Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: March, 2023
ID: 4524
Pages: 170
Formats: report pdf report excel report power bi report ppt

Asia Pacific Almond Oil Market Size and Growth Rate:

Asia Pacific Almond Oil Market was worth USD 280 million in 2020 and estimated to be growing at a CAGR of 12. 5%, to reach USD 500 million by 2026. The Asia Pacific Almond Oil Market is showcasing evident potential in the mentioned forecasting period. The Almond Oil 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.

Asia Pacific Almond Oil Market Growth Drivers:

The growing demand for aromatherapy is a major driver for Asia Pacific Almond Oil 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.

Classification of the Asia Pacific Almond Oil Industry:

On the basis of Product:

  • Sweet Almond Oil
  • Bitter Almond Oil

On the basis of Application:

  • Cosmetics
  • Food

On the basis of Regional Segmentation:

  • China
  • India
  • Japan
  • South Korea
  • Rest of the Asia Pacific Region

Regional Growth Analysis:

The Asia Pacific market is analyzed 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.

Leading Key Players mentioned in this report:

Some of the major companies dominating the market, by their products are

  • AAK
  • Frontier Natural Products
  • Flora
  • Oil Seed Extractions
  • Proteco
  • Bajaj
  • Dabur
  • Caloy

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