Market revenue in 2019 | USD 11.7 million |
Market revenue in 2030 | USD 34.7 million |
Growth rate | 10.4% (CAGR from 2019 to 2030) |
Largest segment | Natural |
Fastest growing segment | Natural |
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 57.26% in 2019. Horizon Databook has segmented the France argan oil market based on natural, organic covering the revenue growth of each sub-segment from 2018 to 2030.
The major consumer of argan oil in France is personal care & cosmetics industry. French cosmetics and perfumes are among the best in the world. Key brands dominating this very competitive market are L’Oréal, Louis Vuitton Moet Hennessy, Avène, La Roche-Posay, Yves-Rocher, Biotherm, and Vichy.
According to the European Commission report, the domestic cosmetics market accounted for USD 11.7 billion in 2015, with skincare product sales dominating the market and accounting for about USD 2.9 billion in the same year.
For years, essential oils, flower essence, and other herbs have been used in France for treating burns, infections, high blood pressure, depression, and insomnia. Argan oil is rich in polyphenols, ferulic acid, antioxidants, vitamin E, and flavonoids, thus, it is ideal for use in aromatherapy.
Horizon Databook provides a detailed overview of country-level data and insights on the France argan oil market , including forecasts for subscribers. This country databook contains high-level insights into France argan oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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