Latin America Almond Oil Market Size & Outlook, 2023-2030

The almond oil market in Latin America is expected to reach a projected revenue of US$ 270.1 million by 2030. A compound annual growth rate of 12.5% is expected of Latin America almond oil market from 2024 to 2030.
Revenue, 2023 (US$M)
$118.8
Forecast, 2030 (US$M)
$270.1
CAGR, 2024 - 2030
12.4%
Report Coverage
Latin America

Latin America almond oil market, 2018-2030 (US$M)

Latin

Latin America almond oil market highlights

  • The Latin America almond oil market generated a revenue of USD 61.5 million in 2018.
  • The market is expected to grow at a CAGR of 11.9% from 2019 to 2025.
  • In terms of segment, bitter oil was the largest revenue generating product in 2018.
  • Sweet Oil is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2019 to 2025.


Latin America data book summary

Market revenue in 2018USD 61.5 million
Market revenue in 2025USD 135.5 million
Growth rate11.9% (CAGR from 2018 to 2025)
Largest segmentBitter oil
Fastest growing segmentSweet Oil
Historical data covered2015 - 2017
Base year for estimation2018
Forecast period covered2019 - 2025
Quantitative unitsRevenue in USD million
Market segmentationSweet Oil, Bitter Oil
Key market players worldwideBlue Diamond Growers, Global Ingredients


Other key industry trends

  • In terms of revenue, Latin America region accounted for 8.4% of the global almond oil market in 2018.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2025.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 352.6 million by 2025.

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Almond Oil Market Scope

Almond oil market segmentation & scope
Bitter Oil
Application
Personal Care and Cosmetics
Pharmaceuticals
Food Industry
Countries
UK
Mexico
Canada
Sweden
Spain
Norway
Italy
Russia
Denmark
Argentina
Australia
South Korea
Thailand
Singapore
UAE
South Africa
Saudi Arabia
Kuwait

Almond Oil Market Companies

Name Profile # Employees HQ Website

Latin America almond oil market

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