IMARC Group, a leading market research company, has recently released a report titled “Argan Oil Market Report by Type (Conventional, Organic), Form (Absolute, Blend, Concentrate), Application (Personal Care and Cosmetics, Medical, Aromatherapy, Food, Home Cleaning, and Others), Distribution Channel (B2B, B2C), and Region 2025-2033”. The study provides a detailed analysis of the industry, including the global argan oil market share, trends, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global argan oil market size reached USD 370.3 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 758.8 Million by 2033, exhibiting a growth rate (CAGR) of 8.3% during 2025-2033.
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Argan Oil Market Trends in 2025
The argan oil market is poised for significant growth as it adapts to changing consumer preferences and emerging trends. One notable trend is the increasing incorporation of argan oil into health and wellness products, reflecting the growing awareness of its nutritional benefits. In 2025, consumers are expected to seek out argan oil as a dietary supplement, recognizing its high content of essential fatty acids, antioxidants, and vitamins that contribute to overall health. This expansion into the food and beverage sector will open new avenues for growth, as brands introduce argan oil-infused snacks, cooking oils, and supplements that promote heart health and skin vitality.
Moreover, the trend towards clean beauty will continue to shape the argan oil market, as consumers demand products with transparent ingredient lists and minimal processing. Brands will likely respond by formulating argan oil products that highlight their purity and natural origins, appealing to a demographic that prioritizes holistic wellness. Additionally, the rise of personalized beauty solutions will lead to the development of customized argan oil formulations tailored to individual skin and hair types, enhancing consumer engagement and satisfaction.
As the argan oil market evolves, the focus on health and wellness, clean beauty, and personalized products will drive innovation and attract new consumers. This dynamic landscape will not only foster growth within the argan oil sector but also solidify its position as a versatile and sought-after ingredient in various industries, from cosmetics to food and beyond.
Market Dynamics of the Argan Oil Market
1. Rising Demand for Natural and Organic Products
The argan oil market is experiencing a significant surge in demand driven by the increasing consumer preference for natural and organic products. As consumers become more health-conscious and environmentally aware, they are actively seeking out beauty and wellness products that are free from synthetic ingredients and harmful chemicals. Argan oil, known for its rich nutritional profile and numerous benefits for skin and hair, has gained popularity as a natural alternative in cosmetic formulations. In 2025, this trend is expected to continue, with consumers gravitating towards argan oil-based products that promote sustainability and ethical sourcing. Brands are responding to this demand by emphasizing their commitment to organic farming practices and fair trade, which not only enhances their product appeal but also aligns with consumers' values.
Additionally, the rise of e-commerce platforms has made it easier for consumers to access a wide range of argan oil products, further driving market growth. As a result, the argan oil market is likely to see an influx of new entrants offering innovative formulations that cater to this growing segment of eco-conscious consumers.
Expansion of the Beauty and Personal Care Sector
The beauty and personal care sector is a significant driver of the argan oil market, with the ingredient being increasingly incorporated into a variety of products such as moisturizers, serums, shampoos, and conditioners. In 2025, the trend of using argan oil in beauty formulations is expected to expand, as brands recognize its multifunctional properties and effectiveness in enhancing product performance. Argan oil is rich in essential fatty acids, antioxidants, and vitamins, making it an ideal ingredient for promoting hydration, elasticity, and overall skin and hair health. As consumers seek out products that deliver visible results, the inclusion of argan oil in formulations will become a key selling point for beauty brands.
Furthermore, the rise of social media influencers and beauty bloggers has amplified the visibility of argan oil products, leading to increased consumer awareness and interest. This dynamic will encourage existing brands to innovate and create new argan oil-infused products, while also attracting new players to the market, ultimately fueling growth in the argan oil sector.
Increased Focus on Sustainable Sourcing and Ethical Practices
Sustainability and ethical sourcing are becoming paramount in the argan oil market as consumers demand greater transparency and accountability from brands. As awareness of environmental issues and social responsibility grows, consumers are increasingly inclined to support companies that prioritize sustainable practices.
In 2025, brands that source argan oil from cooperatives that empower local women and promote biodiversity in the regions where argan trees grow are expected to gain a competitive edge. This trend not only highlights the importance of preserving the unique argan tree ecosystem but also emphasizes the role of argan oil in supporting the livelihoods of local communities in Morocco, where the oil is primarily produced.
As a result, consumers are more likely to choose products that are certified organic and fair trade, driving brands to adopt sustainable sourcing practices and communicate their commitment to ethical production. This dynamic will not only enhance brand loyalty but also contribute to the long-term viability of the argan oil market, ensuring that it meets the evolving expectations of socially conscious consumers.
Argan Oil Market Report Segmentation:
By Type:
· Conventional
· Organic
Conventional argan oil represents the largest market segment due to its wider availability and lower cost compared to organic options.
By Form:
· Absolute
· Blend
· Concentrate
Absolute argan oil leads the market due to its high concentration and effectiveness in various applications.
By Application:
· Personal Care and Cosmetics
· Medical
· Aromatherapy
· Food
· Home Cleaning
· Others
Aromatherapy holds the largest market share, driven by its increasing popularity for relaxation and therapeutic benefits.
By Distribution Channel:
B2B
B2C
· Supermarkets and Hypermarkets
· Specialty Stores
· Online Stores
Others
B2B stores dominate distribution with their efficient bulk sales and supply chain management capabilities.
Regional Insights:
· North America
· Asia-Pacific
· Europe
· Latin America
· Middle East and Africa
North America leads the market, driven by strong demand for premium natural products.
Competitive Landscape with Key Players:
The competitive landscape of the argan oil market size has been studied in the report with the detailed profiles of the key players operating in the market.
Some of These Key Players Include:
· Arganbulk
· Argane Aouzac
· Arganfarm sarl. au.
· ARGANisme
· Kamakhya Bottlers
· Konouz Rayyan (PURUS International)
· Lipidine
· Malakbio
· OLVEA Morocco
· Organica Group Ltd.
· Zidrop Argan Oil
· Zineglob Ltd.
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Key Highlights of the Report:
· Market Performance (2018-2023)
· Market Outlook (2024-2032)
· Market Trends
· Market Drivers and Success Factors
· Impact of COVID-19
· Value Chain Analysis
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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