The Middle East and Africa Almond Oil Market is expected at USD 220 million in 2024 and estimated to be growing at a CAGR of 12.45%, to reach USD 400 million by 2029.
The market showcasing the evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the cosmetics industry.Almond oil is vital oil obtained from extracting almonds and is used as an ingredient for cosmetic preparations, for adding flavor, and for its medicinal properties. The almond oil can be colorless or pale yellow or yellow and is prepared by using various techniques.
The growing demand for aromatherapy is a major driver of market growth. Aromatherapy involves the usage of essential oils for a variety of health conditions and becoming popular among spa customers. Other drivers for the market growth are increasing preference for online shopping leading to higher profit margins, and a rising number of retailing channels. However, lack of awareness and low affordability proves to be a major challenge for the Almond Oil market in some regions.
Sweet Almond Oil
Bitter Almond Oil
Cosmetics
Food
UAE,
Israel
KSA
South Africa
Egypt
The Middle East and Africa consist of many developing countries and thus contribute very little to the global almond oil market. However, with growing disposable economies and increased awareness, the market will grow significantly in future years.
AAK (Aarhus Karlshamn)
Frontier Natural Products
Flora
Oil Seed Extractions
Bajaj
Dabur
Caloy
Jiangxi Baicao Pharmaceutical Co., Ltd
AOS Products Private Limited
Mountain Ocean
Frequently Asked Questions
The key factors include increasing consumer awareness of the health benefits of almond oil, its widespread application in cosmetics and skincare products, and the region's growing interest in organic and natural ingredients for personal care and food.
Sweet almond oil is primarily used in skincare, hair care, and cooking, while bitter almond oil contains amygdalin, making it less suitable for personal care and food applications. In the MEA market, sweet almond oil dominates due to its versatility and safety.
The demand for organic almond oil is growing significantly due to increasing consumer preferences for clean-label products. Organic almond oil is particularly favored in cosmetics and personal care products, where consumers are seeking natural and chemical-free ingredients.
Sustainable and eco-friendly packaging is becoming a prominent trend in the MEA almond oil market. Consumers prefer products with minimal plastic usage, recyclable materials, and elegant, user-friendly designs, particularly for premium cosmetic and skincare brands.
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