Europe Argan Oil Market Size & Outlook, 2019-2030
Europe argan oil market, 2018-2030 (US$M)
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Europe argan oil market highlights
- The Europe argan oil market generated a revenue of USD 75.1 million in 2019.
- The market is expected to grow at a CAGR of 10.2% from 2020 to 2030.
- In terms of segment, natural was the largest revenue generating type in 2019.
- Natural is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2020 to 2030.
Europe data book summary
| Market revenue in 2019 | USD 75.1 million |
| Market revenue in 2030 | USD 218.4 million |
| Growth rate | 10.2% (CAGR from 2019 to 2030) |
| Largest segment | Natural |
| Fastest growing segment | Natural |
| Historical data covered | 2018 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 32.2% of the global argan oil market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 269.6 million by 2030.
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Argan Oil Market Scope
Argan Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 57.39% in 2019. Horizon Databook has segmented the Europe argan oil market based on natural, organic covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is one of the major consumers of argan oil in the world. Argan oil contains polyunsaturated fatty acids and active compounds such as antioxidants, xanthophyll, sterols, and carotenoids, which are significantly useful in pharmaceutical industry.
According to the European Federation of Pharmaceutical Industries and Associations (EFPIA), pharmaceutical market in the European Union accounted over USD 200 million in 2018, positioning it as the second biggest pharmaceutical market in the world, with Germany, France, Italy, the UK, and Spain as the top 5 countries.
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Target buyers of Europe argan oil market databook
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Our clientele includes a mix of argan oil market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe argan oil market , including forecasts for subscribers. This continent databook contains high-level insights into Europe argan oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe argan oil market size, by country, 2018-2030 (US$M)
Europe Argan Oil Market Outlook Share, 2019 & 2030 (US$M)
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