France Argan Oil Market Size & Outlook, 2019-2030

The argan oil market in France is expected to reach a projected revenue of US$ 34.7 million by 2030. A compound annual growth rate of 10.4% is expected of France argan oil market from 2020 to 2030.
Revenue, 2019 (US$M)
$11.7
Forecast, 2030 (US$M)
$34.7
CAGR, 2020 - 2030
10.4%
Report Coverage
France

France argan oil market highlights

  • The France argan oil market generated a revenue of USD 11.7 million in 2019 and is expected to reach USD 34.7 million by 2030.
  • The France market is expected to grow at a CAGR of 10.4% 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.


Argan oil market data book summary

Market revenue in 2019USD 11.7 million
Market revenue in 2030USD 34.7 million
Growth rate10.4% (CAGR from 2019 to 2030)
Largest segmentNatural
Fastest growing segmentNatural
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, France accounted for 5.0% 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 Europe, Germany argan oil market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 34.7 million by 2030.

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Argan Oil Market Companies

Name Profile # Employees HQ Website

France 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 57.26% 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.

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

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

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

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