Morocco Argan Oil Market Size & Outlook, 2026-2033
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Morocco argan oil market highlights
- The Morocco argan oil market generated a revenue of USD 90.1 million in 2025 and is expected to reach USD 212.2 million by 2033.
- The Morocco market is expected to grow at a CAGR of 11.4% 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.
Argan oil market data book summary
| Market revenue in 2025 | USD 90.1 million |
| Market revenue in 2033 | USD 212.2 million |
| Growth rate | 11.4% (CAGR from 2026 to 2033) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 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, Morocco accounted for 22.1% of the global argan oil market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, Morocco argan oil market is projected to lead the regional market in terms of revenue in 2033.
- Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 20.9 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 |
Morocco 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 67.37% in 2025. Horizon Databook has segmented the Morocco argan oil market based on conventional, organic covering the revenue growth of each sub-segment from 2021 to 2033.
Morocco is the only commercial-scale argan oil-producing country in the world. Argan oilis grown exclusively in the arid region of southwest Morocco. Argan treesact as a natural barrier to deserts and prevent soil erosion.
These trees have been so beneficial to Morocco’s environment that the argan forest was declared a Biosphere Reserve by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in 1998.
Moroccan argan oil is gaining popularity globally as it contains ingredients including lupeol, omega-3 & omega-6 fatty acids, antioxidant tocopherols, beta-amyrin, butyrospermol, and triterpenoids.
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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 Morocco argan oil market , including forecasts for subscribers. This country databook contains high-level insights into Morocco argan oil market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Morocco argan oil market size, by type, 2021-2033 (US$M)
Morocco Argan Oil Market Outlook Share, 2025 & 2033 (US$M)
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