Global Apricot Oil Market Size & Outlook, 2023-2030
The apricot oil industry worldwide is expected to reach a projected revenue of US$ 2,865,719.4 million by 2030. A compound annual growth rate of 5.8% is expected of the worldwide apricot oil industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,930,000.0
Forecast, 2030 (US$M)
$2,865,719.4
CAGR, 2024 - 2030
5.8%
Report Coverage
Worldwide
Global apricot oil market, 2018-2030 (US$M)
Global apricot oil market highlights
- The global apricot oil market generated a revenue of USD 1,930,000.0 million in 2023 and is expected to reach USD 2,865,719.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.8% by 2030.
- In terms of segment, food & beverage accounted for a revenue of USD 1,930,000.0 million in 2023.
- Food & Beverage is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,930,000.0 million |
| Market revenue in 2030 | USD 2,865,719.4 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Food & beverage |
| Fastest growing segment | Food & Beverage |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverage |
Other key industry trends
- In terms of revenue, the North America accounted for 15.2% of the global apricot oil market in 2023.
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Apricot Oil Market Scope
Apricot oil market segmentation & scope
Distribution Channel
Online
Offline
Countries
U.S.
Canada
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
South Africa
Saudi Arabia
Apricot Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global apricot oil market size, by regions, 2018-2030 (US$M)
Related regional statistics
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