Japan Argan Oil Market Size & Outlook, 2019-2030

The argan oil market in Japan is expected to reach a projected revenue of US$ 19.4 million by 2030. A compound annual growth rate of 10.8% is expected of Japan argan oil market from 2020 to 2030.
Revenue, 2019 (US$M)
$6.3
Forecast, 2030 (US$M)
$19.4
CAGR, 2020 - 2030
10.8%
Report Coverage
Japan

Japan argan oil market highlights

  • The Japan argan oil market generated a revenue of USD 6.3 million in 2019 and is expected to reach USD 19.4 million by 2030.
  • The Japan market is expected to grow at a CAGR of 10.8% 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 6.3 million
Market revenue in 2030USD 19.4 million
Growth rate10.8% (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, Japan accounted for 2.7% 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 Asia Pacific, China argan oil market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 32.7 million by 2030.

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Argan Oil Market Companies

Name Profile # Employees HQ Website

Japan 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 63.49% in 2019. Horizon Databook has segmented the Japan argan oil market based on natural, organic covering the revenue growth of each sub-segment from 2018 to 2030.


Japan is one of the major pharmaceutical industries in the world. According to the Ministry of Health, Labour and Welfare (MHLW) in Japan, the annual pharmaceutical production in the country accounted for USD 87 billion in 2018.

Favorable regulations, technological advancements, and development of supporting infrastructure are some of the factors responsible for its strong pharmaceutical industry, despite the challenging business landscape in the country.

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Horizon Databook provides a detailed overview of country-level data and insights on the Japan argan oil market , including forecasts for subscribers. This country databook contains high-level insights into Japan argan oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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