Market revenue in 2019 | USD 1.1 million |
Market revenue in 2030 | USD 3.7 million |
Growth rate | 11.5% (CAGR from 2019 to 2030) |
Largest segment | Natural |
Fastest growing segment | Organic |
Historical data | 2018 - 2018 |
Base year | 2019 |
Forecast period | 2020 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Natural, Organic |
Key market players worldwide | OLVEA, Argan, DSM Firmenich AG, Palladyne AI Corp Class A, Malai Biomaterials, Argano, Organica, Argan Oil Secrets |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to argan oil market will help companies and investors design strategic landscapes.
Natural was the largest segment with a revenue share of 63.64% in 2019. Horizon Databook has segmented the Brazil argan oil market based on natural, organic covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is a major emerging economy in the world, with an official GDP of USD 1.7 trillion in 2019. It is recovering from the recession of 2015 and 2016. Before the recession, Brazil was the sixth-largest economy in the world, with a GDP of almost 2.5 trillion in 2013 and 2014.
In addition, personal care & cosmetics industry was one of the industries having a controlled slowdown during the recession. This is expected to provide a positive outlook for the development of the argan oil market in the country.
In Brazil, argan oil is sold at specialist cosmetics retail and pharmaceutical stones. Brands such as L’OréalBelocap, Procter & Gamble, Natura, Unilever, Avon, Olay, Dove, and Nivea dominate the Brazilian cosmetics market.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil argan oil market , including forecasts for subscribers. This country databook contains high-level insights into Brazil argan oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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