Europe Apricot Oil Market Size & Outlook, 2023-2030
The apricot oil market in Europe is expected to reach a projected revenue of US$ 970,905.7 million by 2030. A compound annual growth rate of 5.7% is expected of Europe apricot oil market from 2024 to 2030.
Revenue, 2023 (US$M)
$658,837.7
Forecast, 2030 (US$M)
$970,905.7
CAGR, 2024 - 2030
5.7%
Report Coverage
Europe
Europe apricot oil market, 2018-2030 (US$M)
Europe apricot oil market highlights
- The Europe apricot oil market generated a revenue of USD 658,837.7 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, food & beverage was the largest revenue generating application in 2023.
- Food & Beverage is the most lucrative application segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 658,837.7 million |
| Market revenue in 2030 | USD 970,905.7 million |
| Growth rate | 5.7% (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, Europe region accounted for 34.1% of the global apricot oil market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 917,316.8 million by 2030.
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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 |
|---|
Europe apricot oil market
Related regional statistics
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