Product Code: PMRREP35476
Persistence Market Research has recently released a comprehensive report on the global Argan Oil Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.
Key Insights:
- Argan Oil Market Size (2025E): US$ 368.6 Mn
- Projected Market Value (2032F): US$ 835.5 Mn
- Global Market Growth Rate (CAGR 2025 to 2032): 12.4%
Argan Oil Market - Report Scope:
The global argan oil market is poised for robust growth during the forecast period, driven by increasing consumer awareness regarding natural and organic personal care products. Argan oil, known for its rich nutritional, cosmetic, and medicinal benefits, is gaining widespread popularity across cosmetics, food, and pharmaceutical sectors. As the demand for plant-based and chemical-free products rises, argan oil is emerging as a preferred ingredient globally. Expanding health consciousness, coupled with growing adoption of organic products in developing economies, is further supporting market expansion.
Market Growth Drivers:
The growth of the global argan oil market is primarily fueled by increasing demand for natural and organic personal care products. Argan oil's wide range of applications in cosmetics, such as moisturizers, hair treatments, and anti-aging creams, is attracting both consumers and manufacturers. Additionally, the rising inclination toward sustainable and eco-friendly beauty solutions is encouraging companies to incorporate argan oil into their formulations. The oil's nutritional properties have also enhanced its appeal in food and nutraceuticals, contributing to its expanding market base. Favorable government regulations supporting organic agriculture and product labeling are further boosting growth.
Market Restraints:
Despite its growing popularity, the argan oil market faces several constraints. The limited geographic cultivation of argan trees, primarily restricted to Morocco, poses a challenge to large-scale production and stable supply. High production costs, due to the labor-intensive extraction process, lead to elevated product prices, restricting affordability in price-sensitive markets. In addition, concerns regarding overharvesting and sustainability of argan resources threaten long-term supply. The presence of counterfeit and adulterated argan oil products in the market also undermines consumer trust and hinders market growth.
Market Opportunities:
Significant opportunities lie in product innovation and expansion into emerging markets. The growing popularity of clean beauty and holistic wellness presents avenues for new product development, such as argan-based skincare serums, dietary supplements, and functional foods. Rising disposable incomes and urbanization in regions like Asia-Pacific and Latin America are increasing demand for premium beauty and health products, offering untapped market potential. Furthermore, e-commerce platforms are enabling greater product reach and customer engagement. Strategic collaborations with local cooperatives and sustainable sourcing practices can help companies strengthen supply chains and brand value.
Key Questions Answered in the Report:
- What are the primary factors driving the global argan oil market's growth?
- Which regions and market segments are expected to dominate the argan oil demand?
- How are evolving consumer preferences shaping market strategies?
- Who are the key players in the argan oil market, and what are their growth strategies?
- What are the emerging trends and future projections for the global argan oil market?
Competitive Intelligence and Business Strategy:
Leading players in the global argan oil market, including OLVEA, Arganisme EU, Essence of Argan, and ZINEGLOB, are investing in product quality, sustainable sourcing, and brand differentiation. Companies like Josie Maran and MOROCCANOIL are leveraging their brand equity to penetrate global beauty markets. Strategic partnerships with Moroccan cooperatives and fair-trade initiatives are being used to ensure ethical sourcing. Expansion into online retail, combined with R&D in organic and multifunctional formulations, is further enhancing competitiveness. Focus on traceability, transparency, and eco-packaging is gaining traction to meet evolving consumer expectations.
Companies Covered in This Report:
- OLVEA
- Arganisme EU.
- Essence of Argan
- ZINEGLOB
- Biopurus
- Nadifi Argan
- Arganfarm
- Argan Export Company (AEC)
- Arganic Ltd.
- Josie Maran
- Melvita
- Hetaksh Essential Oils.
- Aromex Industry
- MOROCCANOIL
- Gustav Heess Oleochemische
Market Segmentation:
By Oil Type:
- Conventional Argan Oil
- Organic Argan Oil
By Grade:
- Cosmetic Grade
- Food Grade
- Others
By Application:
- Cosmetics & Personal Care
- Food & Beverages
- Pharmaceuticals
- Others
By Distribution Channel:
- B2B
- B2C
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Retail
- Others
By Region:
- North America
- Europe
- East Asia
- South Asia and Oceania
- Middle East and Africa
- Latin America
Table of Contents
1. Executive Summary
- 1.1. Global Argan Oil Market Snapshot 2025 and 2032
- 1.2. Market Opportunity Assessment, 2025-2032, US$ Mn
- 1.3. Key Market Trends
- 1.4. Industry Developments and Key Market Events
- 1.5. Demand Side and Supply Side Analysis
- 1.6. PMR Analysis and Recommendations
2. Market Overview
- 2.1. Market Scope and Definitions
- 2.2. Value Chain Analysis
- 2.3. Macro-Economic Factors
- 2.3.1. Global GDP Outlook
- 2.3.2. Global Oil Sales by Region
- 2.3.3. Global GDP overview
- 2.4. Forecast Factors - Relevance and Impact
- 2.5. COVID-19 Impact Assessment
- 2.6. PESTLE Analysis
- 2.7. Porter's Five Forces Analysis
- 2.8. Geopolitical Tensions: Market Impact
- 2.9. Regulatory and Technology Landscape
3. Market Dynamics
- 3.1. Drivers
- 3.2. Restraints
- 3.3. Opportunities
- 3.4. Trends
4. Price Trend Analysis, 2019-2032
- 4.1. Region-wise Price Analysis
- 4.2. Price by Segments
- 4.3. Price Impact Factors
5. Global Argan Oil Market Outlook:
- 5.1. Key Highlights
- 5.2. Global Argan Oil Market Outlook: Application
- 5.2.1. Introduction/Key Findings
- 5.2.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis by Application, 2019-2024
- 5.2.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Application, 2025-2032
- 5.2.3.1. Cosmetics & Personal Care
- 5.2.3.1.1. Hair Care
- 5.2.3.1.2. Skin Care
- 5.2.3.1.3. Nail Care
- 5.2.3.1.4. Makeup Products
- 5.2.3.2. Food & Beverages
- 5.2.3.2.1. Edible Argan Oil
- 5.2.3.2.2. Nutritional Supplements
- 5.2.3.3. Pharmaceuticals
- 5.2.3.3.1. Medicinal Oils
- 5.2.3.3.2. Herbal Remedies
- 5.2.3.4. Others
- 5.2.4. Market Attractiveness Analysis: Application
- 5.3. Global Argan Oil Market Outlook: Distribution Channel
- 5.3.1. Introduction/Key Findings
- 5.3.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis by Distribution Channel , 2019-2024
- 5.3.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Distribution Channel , 2025-2032
- 5.3.3.1. B2B
- 5.3.3.2. B2C
- 5.3.3.2.1. Supermarkets/Hypermarkets
- 5.3.3.2.2. Specialty Stores
- 5.3.3.2.3. Convenience Stores
- 5.3.3.2.4. Online Retail
- 5.3.3.2.5. Others
- 5.3.4. Market Attractiveness Analysis: Distribution Channel
- 5.4. Global Argan Oil Market Outlook: Type
- 5.4.1. Introduction/Key Findings
- 5.4.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis by Type, 2019-2024
- 5.4.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Type, 2025-2032
- 5.4.3.1. Conventional Argan Oil
- 5.4.3.2. Organic Argan Oil
- 5.4.4. Market Attractiveness Analysis: Type
- 5.5. Global Argan Oil Market Outlook: Grade
- 5.5.1. Introduction/Key Findings
- 5.5.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis by Grade, 2019-2024
- 5.5.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Grade, 2025-2032
- 5.5.3.1. cosmetic grade
- 5.5.3.2. Food Grade
- 5.5.3.3. Others
- 5.5.4. Market Attractiveness Analysis: Grade
6. Global Argan Oil Market Outlook: Region
- 6.1. Key Highlights
- 6.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis by Region, 2019-2024
- 6.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Region, 2025-2032
- 6.3.1. North America
- 6.3.2. Europe
- 6.3.3. East Asia
- 6.3.4. South Asia & Oceania
- 6.3.5. Latin America
- 6.3.6. Middle East & Africa
- 6.4. Market Attractiveness Analysis: Region
7. North America Argan Oil Market Outlook:
- 7.1. Key Highlights
- 7.2. Pricing Analysis
- 7.3. North America Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Country, 2025-2032
- 7.3.1. U.S.
- 7.3.2. Canada
- 7.4. North America Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Application, 2025-2032
- 7.4.1. Cosmetics & Personal Care
- 7.4.1.1. Hair Care
- 7.4.1.2. Skin Care
- 7.4.1.3. Nail Care
- 7.4.1.4. Makeup Products
- 7.4.2. Food & Beverages
- 7.4.2.1. Edible Argan Oil
- 7.4.2.2. Nutritional Supplements
- 7.4.3. Pharmaceuticals
- 7.4.3.1. Medicinal Oils
- 7.4.3.2. Herbal Remedies
- 7.4.4. Others
- 7.5. North America Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Distribution Channel , 2025-2032
- 7.5.1. B2B
- 7.5.2. B2C
- 7.5.2.1. Supermarkets/Hypermarkets
- 7.5.2.2. Specialty Stores
- 7.5.2.3. Convenience Stores
- 7.5.2.4. Online Retail
- 7.5.2.5. Others
- 7.6. North America Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Type, 2025-2032
- 7.6.1. Conventional Argan Oil
- 7.6.2. Organic Argan Oil
- 7.7. North America Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Grade, 2025-2032
- 7.7.1. cosmetic grade
- 7.7.2. Food Grade
- 7.7.3. Others
8. Europe Argan Oil Market Outlook:
- 8.1. Key Highlights
- 8.2. Pricing Analysis
- 8.3. Europe Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Country, 2025-2032
- 8.3.1. Germany
- 8.3.2. Italy
- 8.3.3. France
- 8.3.4. U.K.
- 8.3.5. Spain
- 8.3.6. Russia
- 8.3.7. Rest of Europe
- 8.4. Europe Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Application, 2025-2032
- 8.4.1. Cosmetics & Personal Care
- 8.4.1.1. Hair Care
- 8.4.1.2. Skin Care
- 8.4.1.3. Nail Care
- 8.4.1.4. Makeup Products
- 8.4.2. Food & Beverages
- 8.4.2.1. Edible Argan Oil
- 8.4.2.2. Nutritional Supplements
- 8.4.3. Pharmaceuticals
- 8.4.3.1. Medicinal Oils
- 8.4.3.2. Herbal Remedies
- 8.4.4. Others
- 8.5. Europe Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Distribution Channel , 2025-2032
- 8.5.1. B2B
- 8.5.2. B2C
- 8.5.2.1. Supermarkets/Hypermarkets
- 8.5.2.2. Specialty Stores
- 8.5.2.3. Convenience Stores
- 8.5.2.4. Online Retail
- 8.5.2.5. Others
- 8.6. Europe Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Type, 2025-2032
- 8.6.1. Conventional Argan Oil
- 8.6.2. Organic Argan Oil
- 8.7. Europe Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Grade, 2025-2032
- 8.7.1. cosmetic grade
- 8.7.2. Food Grade
- 8.7.3. Others
9. East Asia Argan Oil Market Outlook:
- 9.1. Key Highlights
- 9.2. Pricing Analysis
- 9.3. East Asia Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Country, 2025-2032
- 9.3.1. China
- 9.3.2. Japan
- 9.3.3. South Korea
- 9.4. East Asia Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Application, 2025-2032
- 9.4.1. Cosmetics & Personal Care
- 9.4.1.1. Hair Care
- 9.4.1.2. Skin Care
- 9.4.1.3. Nail Care
- 9.4.1.4. Makeup Products
- 9.4.2. Food & Beverages
- 9.4.2.1. Edible Argan Oil
- 9.4.2.2. Nutritional Supplements
- 9.4.3. Pharmaceuticals
- 9.4.3.1. Medicinal Oils
- 9.4.3.2. Herbal Remedies
- 9.4.4. Others
- 9.5. East Asia Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Distribution Channel , 2025-2032
- 9.5.1. B2B
- 9.5.2. B2C
- 9.5.2.1. Supermarkets/Hypermarkets
- 9.5.2.2. Specialty Stores
- 9.5.2.3. Convenience Stores
- 9.5.2.4. Online Retail
- 9.5.2.5. Others
- 9.6. East Asia Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Type, 2025-2032
- 9.6.1. Conventional Argan Oil
- 9.6.2. Organic Argan Oil
- 9.7. East Asia Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Grade, 2025-2032
- 9.7.1. cosmetic grade
- 9.7.2. Food Grade
- 9.7.3. Others
10. South Asia & Oceania Argan Oil Market Outlook:
- 10.1. Key Highlights
- 10.2. Pricing Analysis
- 10.3. South Asia & Oceania Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Country, 2025-2032
- 10.3.1. India
- 10.3.2. Southeast Asia
- 10.3.3. ANZ
- 10.3.4. Rest of SAO
- 10.4. South Asia & Oceania Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Application, 2025-2032
- 10.4.1. Cosmetics & Personal Care
- 10.4.1.1. Hair Care
- 10.4.1.2. Skin Care
- 10.4.1.3. Nail Care
- 10.4.1.4. Makeup Products
- 10.4.2. Food & Beverages
- 10.4.2.1. Edible Argan Oil
- 10.4.2.2. Nutritional Supplements
- 10.4.3. Pharmaceuticals
- 10.4.3.1. Medicinal Oils
- 10.4.3.2. Herbal Remedies
- 10.4.4. Others
- 10.5. South Asia & Oceania Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Distribution Channel , 2025-2032
- 10.5.1. B2B
- 10.5.2. B2C
- 10.5.2.1. Supermarkets/Hypermarkets
- 10.5.2.2. Specialty Stores
- 10.5.2.3. Convenience Stores
- 10.5.2.4. Online Retail
- 10.5.2.5. Others
- 10.6. South Asia & Oceania Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Type, 2025-2032
- 10.6.1. Conventional Argan Oil
- 10.6.2. Organic Argan Oil
- 10.7. South Asia & Oceania Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Grade, 2025-2032
- 10.7.1. cosmetic grade
- 10.7.2. Food Grade
- 10.7.3. Others
11. Latin America Argan Oil Market Outlook:
- 11.1. Key Highlights
- 11.2. Pricing Analysis
- 11.3. Latin America Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Country, 2025-2032
- 11.3.1. Brazil
- 11.3.2. Mexico
- 11.3.3. Rest of LATAM
- 11.4. Latin America Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Application, 2025-2032
- 11.4.1. Cosmetics & Personal Care
- 11.4.1.1. Hair Care
- 11.4.1.2. Skin Care
- 11.4.1.3. Nail Care
- 11.4.1.4. Makeup Products
- 11.4.2. Food & Beverages
- 11.4.2.1. Edible Argan Oil
- 11.4.2.2. Nutritional Supplements
- 11.4.3. Pharmaceuticals
- 11.4.3.1. Medicinal Oils
- 11.4.3.2. Herbal Remedies
- 11.4.4. Others
- 11.5. Latin America Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Distribution Channel , 2025-2032
- 11.5.1. B2B
- 11.5.2. B2C
- 11.5.2.1. Supermarkets/Hypermarkets
- 11.5.2.2. Specialty Stores
- 11.5.2.3. Convenience Stores
- 11.5.2.4. Online Retail
- 11.5.2.5. Others
- 11.6. Latin America Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Type, 2025-2032
- 11.6.1. Conventional Argan Oil
- 11.6.2. Organic Argan Oil
- 11.7. Latin America Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Grade, 2025-2032
- 11.7.1. cosmetic grade
- 11.7.2. Food Grade
- 11.7.3. Others
12. Middle East & Africa Argan Oil Market Outlook:
- 12.1. Key Highlights
- 12.2. Pricing Analysis
- 12.3. Middle East & Africa Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Country, 2025-2032
- 12.3.1. GCC Countries
- 12.3.2. South Africa
- 12.3.3. Northern Africa
- 12.3.4. Rest of MEA
- 12.4. Middle East & Africa Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Application, 2025-2032
- 12.4.1. Cosmetics & Personal Care
- 12.4.1.1. Hair Care
- 12.4.1.2. Skin Care
- 12.4.1.3. Nail Care
- 12.4.1.4. Makeup Products
- 12.4.2. Food & Beverages
- 12.4.2.1. Edible Argan Oil
- 12.4.2.2. Nutritional Supplements
- 12.4.3. Pharmaceuticals
- 12.4.3.1. Medicinal Oils
- 12.4.3.2. Herbal Remedies
- 12.4.4. Others
- 12.5. Middle East & Africa Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Distribution Channel , 2025-2032
- 12.5.1. B2B
- 12.5.2. B2C
- 12.5.2.1. Supermarkets/Hypermarkets
- 12.5.2.2. Specialty Stores
- 12.5.2.3. Convenience Stores
- 12.5.2.4. Online Retail
- 12.5.2.5. Others
- 12.6. Middle East & Africa Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Type, 2025-2032
- 12.6.1. Conventional Argan Oil
- 12.6.2. Organic Argan Oil
- 12.7. Middle East & Africa Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, by Grade, 2025-2032
- 12.7.1. cosmetic grade
- 12.7.2. Food Grade
- 12.7.3. Others
13. Competition Landscape
- 13.1. Market Share Analysis, 2024
- 13.2. Market Structure
- 13.2.1. Competition Intensity Mapping
- 13.2.2. Competition Dashboard
- 13.3. Company Profiles
- 13.3.1. OLVEA
- 13.3.1.1. Company Overview
- 13.3.1.2. Product Portfolio/Offerings
- 13.3.1.3. Key Financials
- 13.3.1.4. SWOT Analysis
- 13.3.1.5. Company Strategy and Key Developments
- 13.3.2. Arganisme EU.
- 13.3.3. Essence of Argan
- 13.3.4. ZINEGLOB
- 13.3.5. Biopurus
- 13.3.6. Nadifi Argan
- 13.3.7. Arganfarm
- 13.3.8. Argan Export Company (AEC)
- 13.3.9. Arganic Ltd.
- 13.3.10. Josie Maran
- 13.3.11. Melvita
- 13.3.12. Hetaksh Essential Oils.
- 13.3.13. Aromex Industry
- 13.3.14. MOROCCANOIL
- 13.3.15. Gustav Heess Oleochemische
14. Appendix
- 14.1. Research Methodology
- 14.2. Research Assumptions
- 14.3. Acronyms and Abbreviations