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Tuesday, June 14, 2022

Lucintel Forecasts Global Pure Argan Oil Market to Grow at a CAGR of 7%-8% from 2020 to 2025

According to the recent study the Global Pure Argan Oil Market is projected to grow at a CAGR of 7%-8% from 2020 to 2025. Growth in this market is primarily driven by increasing product demand from various end use industries and growing consumer approach towards wellness and health.

Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in global pure argan oil market by application (personal care and cosmetics, medical, aromatherapy, food, cleaning and home, and others), source type (conventional and organic), product form (absolute, blend, and concentrate), distribution channel (B2B and B2C (supermarket/hypermarket, specialty retailer, online stores, and others)), and region (North America, Europe, Asia Pacific, and Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/pure-argan-oil-market.aspx

“Conventional market is expected to remain the largest segment during the forecast period.”

Based on source type, the global pure argan oil market is segmented into conventional and organic. Lucintel forecasts that the conventional market is expected to remain the largest segment due to owing to high crop yield obtained by using this cultivation method as it involves using synthetic pesticides and fertilizers.

“Within the global pure argan oil market, the personal care and cosmetics segment is expected to remain the largest application.”

Based on application the personal care and cosmetics segment is expected to witness the highest growth over the forecast period due to increasing consciousness among consumers regarding their personal appearances.

“North America will dominate the global pure argan oil market in near future.”

North America will remain the largest region and it is also expected to witness the highest growth over the forecast period due to increasing demand from the cosmetics industry, rising spending capacity, and presence of major players operating in the countries of this region.

Download Brochure of this report by clicking on https://www.lucintel.com/pure-argan-oil-market.aspx

Major players of global pure argan oil market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. OLVEA, Zineglob, PURUS, Malakbio, Argane Aouzac, and Organica Group are among the major global pure argan oil providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pure-argan-oil-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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