Germany Argan Oil Market Size & Outlook, 2019-2030
Germany argan oil market, 2018-2030 (US$M)
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Germany argan oil market highlights
- The Germany argan oil market generated a revenue of USD 34.0 million in 2019 and is expected to reach USD 99.0 million by 2030.
- The Germany 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.
Argan oil market data book summary
| Market revenue in 2019 | USD 34.0 million |
| Market revenue in 2030 | USD 99.0 million |
| Growth rate | 10.2% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 14.6% 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 Scope
Argan Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 57.35% in 2019. Horizon Databook has segmented the Germany argan oil market based on natural, organic covering the revenue growth of each sub-segment from 2018 to 2030.
The variety of ethnic cuisine in Germany has resulted in a growing interest among consumers for lesserknown, exotic argan oil. Argan oil has been a premium cooking oil for exotic dishes, grown in popularity due to the fusion of the cross-culture food market.
Imported from Morocco, it is essentially used as an alternative to salad oil in Germany. With a sale of 13.1 billion EUR worth of cosmetic products in 2016, Germany remains the largest personal care & cosmetics market in Europe.
According to a report published by the European Commission Directorate-General for Enterprise and Industry, in Germany, the per capita spending on cosmetics on an average is 153 EUR per year, with high consumption of natural cosmetic products.
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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 Germany argan oil market , including forecasts for subscribers. This country databook contains high-level insights into Germany argan oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany argan oil market size, by type, 2018-2030 (US$M)
Germany Argan Oil Market Outlook Share, 2019 & 2030 (US$M)
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