North America Argan Oil Market Size & Outlook, 2019-2030
North America argan oil market, 2018-2030 (US$M)
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North America argan oil market highlights
- The North America argan oil market generated a revenue of USD 79.2 million in 2019.
- The market is expected to grow at a CAGR of 11.8% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2020 to 2030.
North America data book summary
| Market revenue in 2019 | USD 79.2 million |
| Market revenue in 2030 | USD 269.6 million |
| Growth rate | 11.8% (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, North America region accounted for 34.0% 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.
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Argan Oil Market Scope
Argan Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North 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 58.46% in 2019. Horizon Databook has segmented the North America argan oil market based on natural, organic covering the revenue growth of each sub-segment from 2018 to 2030.
North America emerged as one of the significant consumers of argan oil owing to the increased consumption of biobased personal care, cosmetics, and aromatherapy products. The use of argan oil in aromatherapy healing improves the health of the body, mind, and spirit.
Aromatherapy massage harmonizes the body balance, decreases stress, and assists various body functions in fighting infections. Thus, aromatherapy products have become fashionable in North America and are widely available in specialist shops and online shopping centers.
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Target buyers of North America argan oil market databook
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Our clientele includes a mix of argan oil market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America argan oil market , including forecasts for subscribers. This continent databook contains high-level insights into North America argan oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America argan oil market size, by country, 2018-2030 (US$M)
North America Argan Oil Market Outlook Share, 2019 & 2030 (US$M)
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