Sweet Almond Oil Market Share,Trends,Supply,Sales,Key Players Analysis,Demand and Forecast 2025
WiseGuyReports.Com Publish a New Market Research Report On –“ Sweet Almond Oil Market Share,Trends,Supply,Sales,Key Players Analysis,Demand and Forecast 2025”.
Pune, India – October 9, 2019 /MarketersMedia/ —
Sweet Almond Oil Industry 2019
Description:-
Almonds are healthy nutrients and a rich source of omega-3 fatty acids. Almond oil is extracted from almond and the colour is pale yellow with minimum odour at room temperature. The almond oil is mainly used for food, cosmetics and others. The report focuses on sweet almond oil without any additives. The sweet almond oil market will grow to the size of USD 160 Million in 2025 at a Common Annual Growth Rate (CAGR) of -0.1% and will grow further significantly. California in United States is the highest producer of almonds and almonds oil.
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Major Key Players
Caloy
NOW Foods
La Tourangelle
Plimon
Natural Oils International
Alqvimia
Mountain Ocean
Provital Group
AAK Natural Oils
ESI
Oliofora|
Uğurluoğlu Vegetable Oil
K. K. Enterprise
The key factors driving the market are changing lifestyles and improved living standards, increased awareness of harmful chemicals (e.g. parabens, phthalates) used in personal and skincare products, and increased use of organic and natural products (e.g. plant extracts) in cosmetics and skincare, and rising awareness of using them as a healthy nutritious option in the consumption and preparation of food. China and India are countries in Asia Pacific where lifestyle changes currently shift focus towards using more natural, organic products for health benefits.
Almonds are not just a source of fatty acids but also are rich source of vitamin E and minerals. It is also a rich source of unsaturated fatty acids, and phytosterols. Because of this, it has the excellent moisturising capability which is very beneficial. Due to this, almonds have excellent moisturizing properties which are extremely beneficial for aromatherapy applications. Key players are launching new products in order to cater to rising demand among customers from European and Asian countries.
Market Segment:
The global sweet almond oil market has been segmented based on types, application and others. By type the market is split into Nonpareil Almond Oil, California Almond Oil, Mission Almond Oil and Others. By Application, the market is split into Cosmetics, Food and Others. Sweet oil is the fastest and largest growing product segment and is will grow at a CAGR of 12.3% between 2019-2025. Sweet Almond oil (being anti-inflammatory) is a great source of copper, magnesium, phosphorus, and vitamin E. Also, it is rich in antioxidants, and immunes the body. It is also a remedy for breast cancer, mouth, spleen, uterus bladder etc. Almond treats dry, chapped, sun burnt skills well.
Regional Analysis:
By region, the global sweet almond oil market is divided into North America (Mexico, Canada, United States), Europe (France, UK, Italy, Russia, Germany, Spain), Asia Pacific (China, Japan, Southeast Asia, India, Australia, Indonesia, Malaysia, Philippines, Thailand and Vietnam), Rest of Europe, Central & South America, the Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa). The United States will lead the market as the largest producer of sweet almond oil. 60-75% of almond oil is exported to Europe and Asia Pacific every year. In Europe, France and Germany are the world’s largest consumers with 58% market share globally.
Industry News:
There are many positives of using sweet almond oil; for example, it treats pain and spasms, kills intestinal bacteria and worm, and inhibits fungal growth. Globally UK, Japan, USA, France and Germany are major consumption regions. Consumption of the product is low in Asia and hence it has a greater opportunity (with the fastest growth at a CAGR of 12.8%) to tap into the market.
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Table of Contents – Major Key Points
1 Study Coverage
2 Executive Summary
3 Market Size by Manufacturers
4 Sweet Almond Oil Production by Regions
5 Sweet Almond Oil Consumption by Regions
6 Market Size by Type
7 Market Size by Application
Continued….
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Release ID: 88926590
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