Latin America Argan Oil Market Size & Outlook, 2026-2033
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Latin America argan oil market highlights
- The Latin America argan oil market generated a revenue of USD 5.5 million in 2025.
- The market is expected to grow at a CAGR of 11.1% from 2026 to 2033.
- In terms of segment, conventional was the largest revenue generating type in 2025.
- 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 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 5.5 million |
| Market revenue in 2033 | USD 12.6 million |
| Growth rate | 11.1% (CAGR from 2026 to 2033) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional, 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 1.3% of the global argan oil market in 2025.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- North America is the fastest growing regional market and is projected to reach USD 417.9 million by 2033.
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Argan Oil Market Scope
Argan Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Argan Oil Secrets | View profile | - | Casablanca, Grand Casablanca, Morocco, Africa | https://www.arganoilsecrets.com |
| Organica | View profile | 1-10 | Cape Town, NA - South Africa, South Africa, Africa | https://www.organica.co.za/ |
| Argano | View profile | 1001-5000 | Plano, Texas, United States, North America | https://argano.com/ |
| Malai Biomaterials | View profile | 1-10 | Alappuzha, Kerala, India, Asia | http://www.made-from-malai.com/ |
| Palladyne AI Corp Class A | View profile | 70 | 650 South 500 West, Suite 150, Salt Lake City, UT, United States, 84101 | https://www.palladyneai.com |
| Argan | View profile | 30 | 21 Rue Beffroy, Neuilly-sur-Seine, France, 92200 | https://www.argan.fr |
| OLVEA | View profile | 251-500 | Saint-léonard, Bretagne, France, Europe | https://www.olvea.com |
| DSM Firmenich AG | View profile | 30000 | Wurmisweg 576, Kaiseraugst, Switzerland, 4303 | https://www.dsm-firmenich.com/corporate/home.html |
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.
Conventional was the largest segment with a revenue share of 67.27% in 2025. Horizon Databook has segmented the Latin America argan oil market based on conventional, organic covering the revenue growth of each sub-segment from 2021 to 2033.
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.
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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 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 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America argan oil market size, by country, 2021-2033 (US$M)
Latin America Argan Oil Market Outlook Share, 2025 & 2033 (US$M)
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