Brazil Argan Oil Market Size & Outlook, 2019-2030

The argan oil market in Brazil is expected to reach a projected revenue of US$ 3.7 million by 2030. A compound annual growth rate of 11.5% is expected of Brazil argan oil market from 2020 to 2030.
Revenue, 2019 (US$M)
$1.1
Forecast, 2030 (US$M)
$3.7
CAGR, 2020 - 2030
11.7%
Report Coverage
Brazil

Brazil argan oil market highlights

  • The Brazil argan oil market generated a revenue of USD 1.1 million in 2019 and is expected to reach USD 3.7 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 11.5% from 2020 to 2030.
  • In terms of segment, natural was the largest revenue generating type in 2019.
  • Organic is the most lucrative type segment registering the fastest growth during the forecast period.


Argan oil market data book summary

Market revenue in 2019USD 1.1 million
Market revenue in 2030USD 3.7 million
Growth rate11.5% (CAGR from 2019 to 2030)
Largest segmentNatural
Fastest growing segmentOrganic
Historical data2018 - 2018
Base year2019
Forecast period2020 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNatural, Organic
Key market players worldwideOLVEA, Argan, DSM Firmenich AG, Palladyne AI Corp Class A, Malai Biomaterials, Argano, Organica, Argan Oil Secrets


Other key industry trends

  • In terms of revenue, Brazil accounted for 0.5% of the global argan oil market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil argan oil market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 3.7 million by 2030.

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Argan Oil Market Companies

Name Profile # Employees HQ Website

Brazil argan oil market outlook

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.

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  • Our clientele includes a mix of argan oil market companies, investment firms, advisory firms & academic institutions.
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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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Brazil argan oil market size, by type, 2018-2030 (US$M)

Brazil Argan Oil Market Outlook Share, 2019 & 2030 (US$M)

Brazil argan oil market size, by type, 2018-2030 (US$M)

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