Latin America Argan Oil Market Size & Outlook, 2019-2030
Latin America argan oil market, 2018-2030 (US$M)
Related Markets
Latin America argan oil market highlights
- The Latin America argan oil market generated a revenue of USD 2.6 million in 2019.
- The market is expected to grow at a CAGR of 11.4% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2030.
Latin America data book summary
| Market revenue in 2019 | USD 2.6 million |
| Market revenue in 2030 | USD 8.7 million |
| Growth rate | 11.4% (CAGR from 2019 to 2030) |
| Largest segment | Natural |
| Fastest growing segment | Organic |
| 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, Latin America region accounted for 1.1% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Argan Oil Market Scope
Argan Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 65.38% in 2019. Horizon Databook has segmented the Latin America argan oil market based on natural, organic covering the revenue growth of each sub-segment from 2018 to 2030.
Cosmetics is the leading application segment of the Central & South America argon oil market as it is significantly used for the production of skincare and hair treatment products. These products are normally sold through departmental stores, beauty-specific retailers, and pharmaceutical stores.
Brands such as Avon, Natura, Naturals, Dove, Nivea, and Olay offer argan oil containing cosmetic products. Local companies such as Laboratorios Recamier are also emerged as regional by offering essential oil-based anti-aging product lines under the brand named Vitane Dermo Green.
Reasons to subscribe to Latin America argan oil market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America argan oil market databook
-
Our clientele includes a mix of argan oil market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Latin America argan oil market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America argan oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America argan oil market size, by country, 2018-2030 (US$M)
Latin America Argan Oil Market Outlook Share, 2019 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
