Global Argan Oil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Natural and Organic.

By Application;

Personal Care & Cosmetics, Medical, Aromatherapy, Food and Cleaning & Home.

By Distribution Channel;

Supermarket/Hypermarket, Specialty Retailer, Online Stores and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn510233025 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Argan Oil Market (USD Million), 2021 - 2031

In the year 2024, the Global Argan Oil Market was valued at USD 198.25 million. The size of this market is expected to increase to USD 331.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.

The global argan oil market has experienced remarkable growth in recent years, driven by increasing consumer awareness of its various benefits across multiple industries. Argan oil, derived from the kernels of the argan tree native to Morocco, has gained significant popularity in the beauty and cosmetics sector due to its rich nutrient profile and versatile applications. Its high content of antioxidants, essential fatty acids, and vitamin E has positioned it as a coveted ingredient in skincare, haircare, and personal care products worldwide.

Beyond the beauty industry, the culinary sector has also witnessed a surge in demand for argan oil, particularly in gourmet cuisine and health-conscious markets. With its distinctive nutty flavor and potential health benefits, including cardiovascular support and anti-inflammatory properties, argan oil has found its way into upscale kitchens and health food stores globally. This growing consumer interest in natural and organic products has fueled the expansion of the global argan oil market, with manufacturers and suppliers capitalizing on its diverse applications and market potential.

The sustainable production and fair trade practices associated with argan oil have contributed to its allure in the global market. The extraction process, traditionally performed by Berber women in Morocco, not only preserves the ecological balance of the argan forest but also supports the livelihoods of local communities. As consumers increasingly prioritize ethical and environmentally friendly products, the demand for sustainably sourced argan oil continues to grow, driving market expansion and encouraging the adoption of responsible sourcing practices throughout the supply chain.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Argan Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Beauty and cosmetics industry
        2. Natural and organic skincare trends
        3. Rising consumer awareness
        4. Health benefits
      2. Restraints
        1. Limited supply
        2. Fragile ecosystem
        3. Climate change impact
        4. Environmental degradation
      3. Opportunities
        1. Market expansion in emerging economies
        2. Increasing demand for natural and organic products
        3. Product diversification
        4. Expansion into new application areas
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Argan Oil Market, By Type, 2021 - 2031 (USD Million)
      1. Natural
      2. Organic
    2. Global Argan Oil Market, By Application, 2021 - 2031 (USD Million)
      1. Personal Care & Cosmetics
      2. Medical
      3. Aromatherapy
      4. Food
      5. Cleaning & Home
    3. Global Argan Oil Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarket/Hypermarket
      2. Specialty Retailer
      3. Online Store
      4. Others
    4. Global Argan Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Oriental Group
      2. SARL AU
      3. ARGANisme
      4. Bio Agadir
      5. Arganfarm
      6. Malakbio
      7. OLVEA
      8. ZINEGLOB
  7. Analyst Views
  8. Future Outlook of the Market