UK Argan Oil Market Size & Outlook, 2019-2030
UK argan oil market, 2018-2030 (US$M)
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UK argan oil market highlights
- The UK argan oil market generated a revenue of USD 13.5 million in 2019 and is expected to reach USD 38.7 million by 2030.
- The UK market is expected to grow at a CAGR of 10% from 2020 to 2030.
- In terms of segment, natural was the largest revenue generating type in 2019.
- Natural is the most lucrative type segment registering the fastest growth during the forecast period.
Argan oil market data book summary
| Market revenue in 2019 | USD 13.5 million |
| Market revenue in 2030 | USD 38.7 million |
| Growth rate | 10% (CAGR from 2019 to 2030) |
| Largest segment | Natural |
| Fastest growing segment | Natural |
| Historical data | 2018 - 2018 |
| Base year | 2019 |
| Forecast period | 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, UK accounted for 5.8% 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 Europe, Germany argan oil market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 34.7 million by 2030.
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Argan Oil Market Scope
Argan Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 57.78% in 2019. Horizon Databook has segmented the UK argan oil market based on natural, organic covering the revenue growth of each sub-segment from 2018 to 2030.
The UK personal care & cosmetics market is mature and saturated with a large number of competing brands. According to the British Beauty Council,key driver for beauty industry in the UK is the rising cosmetics spending, which touched EUR 27.2 billion marks in 2018.
Burgeoning aging population in the UK offers growth potential for argan oil-based anti-wrinkle cosmetics. According to the Office for National Statistics, in the UK, the median age of the population is over 40 years and over 18% of its population is over 65 years.
In addition, the significant growth of pharmaceutical sector in the country is expected to drive the argan oil market. According to the Engineering Employers Federation (EEF), the UK is a major center and key player in pharmaceutical industry, which accounted for the sales of 12.6 billion EUR in 2017.
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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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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 country-level data and insights on the UK argan oil market , including forecasts for subscribers. This country databook contains high-level insights into UK argan oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK argan oil market size, by type, 2018-2030 (US$M)
UK Argan Oil Market Outlook Share, 2019 & 2030 (US$M)
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