Middle East & Africa Almond Oil Market Size & Outlook

The almond oil market in Middle East & Africa is expected to reach a projected revenue of US$ 197.9 million by 2030. A compound annual growth rate of 11.9% is expected of Middle East & Africa almond oil market from 2024 to 2030.
Revenue, 2023 (US$M)
$90.2
Forecast, 2030 (US$M)
$197.9
CAGR, 2024 - 2030
11.9%
Report Coverage
Middle East & Africa

Middle East & Africa almond oil market, 2018-2030 (US$M)

Middle

MEA almond oil market highlights

  • The MEA almond oil market generated a revenue of USD 46.6 million in 2018.
  • The market is expected to grow at a CAGR of 10.9% from 2019 to 2025.
  • In terms of segment, sweet 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.


MEA data book summary

Market revenue in 2018USD 46.6 million
Market revenue in 2025USD 96.3 million
Growth rate10.9% (CAGR from 2018 to 2025)
Largest segmentSweet 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, MEA region accounted for 6.4% 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

Middle East & Africa almond oil market

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