Organic Almond Oil Market – Introduction
Almond oil marketplace has witnessed a significant growth owing to the extensive application of the oil in several end-use industries ranging from food to pharmaceutical. As the ‘organic’ trend continues to proliferate, demand for organic variants of almond oil has increased significantly, thereby projecting an optimistic outlook of organic almond oil market during the forecast period.
Well aware of the increasing demand for organic almond oil, manufacturers in the almond oil market are engaged in introducing organic variants. While demand for almond oil continues in multiple applications such as skin care, color cosmetics, aromatherapy, food ingredient and therapeutics, growing preference for organic variants is likely to boost the consumption of organic almond oil market in the coming future.
Some of the key players in the organic almond oil market are NOW Foods, Provital Group, A.N.V Foods Pvt Ltd (IN), Mountain Ocean Ltd., Humco, Flora, AAK Natural Oils, ESI, Plimon, Caloy, K. K. Enterprise, OLIOFORA, and OSE.
Organic Almond Oil Market Dynamics
Producers Seeking Organic Certification for Organic Almond Oil Production
For the production of any organic oils including organic almond oil, producers are bound to comply with certain production standards such as the production process and the finalized product should not contain artificial fertilizer, pesticide, antibiotics, growth hormones or any food additives. Also, organic almond oil should be completely non-GMO and should not be irradiated. These standards are regulated through the International Federation of Organic Agriculture Movements (IFOAM), an international umbrella organization for the organic agriculture movement which represents about 800 affiliates across over 115 countries. In addition, there are different regional and national regulatory frameworks to which organic almond oil producers need to comply with. Thus, producers need to adhere to the standards for cultivating almonds and production of organic almond oil to become a certified organic almond oil provider.
Organic Sweet Almond Oil to Witness a Surge in Demand
Sweet almond oil is used heavily in skin care as well as hair care products owing to its moisturizing properties and higher content of Vitamin E. In the almond oil marketplace, traditionally, demand for sweet almond oil has remained higher over the years. Ranging from food to cosmetics to other oil applications, sweet almond oil has found extensive applications across divergent industry verticals. As an important ingredient of a variety of products such as food, personal care, cosmetics or pharmaceutical, sweet organic almond oil is expected to remain the highly sought-after oil variant during the period of estimation. As the preference for organic products is gaining significant momentum across related business domains, demand for organic sweet almond oil is set to rise meteorically in the coming years.
Buoyancy in Skin Care Products Landscape to Fuel Organic Almond Oil Market Growth
In the beauty industry, sales of skin care products are registering a record high numbers. The dynamism in the skin care products landscape is maintained by consistent introduction of independent brands, an explosion in the number of new consumers, especially women and acquisition of smaller companies by leading beauty companies. In addition, the skin care landscape has witnessed the introduction of affordable as well as premium and luxurious brands to accommodate a broad range of consumers. As almond oil is used extensively in skin care products for its natural origin and beneficial properties, buoyancy in the skin care products market is likely to fuel the growth of the organic almond oil market in the future.
Organic Almond Oil Market – Regional Outlook
North America followed by Europe and Asia Pacific are lucrative regions for organic almond oil market players. The United States is the leading producer as well as consumer of almond oil and account for a significant bulk of global organic almond oil market revenues. European countries, especially France and Germany also present significant consumption of almond oil, thereby alluding at good opportunities for organic almond oil market players. India and China, the countries in Asia Pacific are expected to register rapid growth of the organic almond oil market during the period of estimation.
Organic Almond Oil Market – Segmentation
Organic almond oil market is segmented on the basis of type, end-use, application and distribution channel.
Based on type, the organic almond oil market is segmented into,
- Bitter almond oil
- Sweet almond oil
On the basis of end-use, the organic almond oil market is segmented into,
- Household use
- Commercial use
On the basis of application, the organic almond oil market is segmented into,
- Food industry
- Cosmetics and personal care industry
- Pharmaceutical industry
On the basis of distribution channel, the organic almond oil market is segmented into,
- Online store
- Departmental stores
The report offers a comprehensive evaluation of the organic almond oil market. It does so via in-depth qualitative insights, historical data, and verifiable projections about organic almond oil market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the organic almond oil market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Organic almond oil market segments and sub-segments
- Organic almond oil market trends and dynamics
- Supply and demand scenario in organic almond oil market
- Organic almond oil market size
- Current trends/opportunities/challenges in organic almond oil market
- Competitive landscape in organic almond oil market
- Technological breakthroughs in organic almond oil market
- Value chain and stakeholder analysis in organic almond oil market
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
- Organic sweet almond oil
- Organic cold pressed virgin almond oil
- Organic unrefined almond oil
- Sweet almond oil
- Almond oil market
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
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The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
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7. Which government regulations might challenge the status of key regional markets?
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