Increasing customer beauty awareness is fueling global demand development for argan oil. Argan oil is used for adding flavor in many baked foods, frozen sweets, and sweet & savory snacks, and in the current trend, customers are more inclined towards flavored food goods, which propels the growth of the argan oil industry.
New York, NY -- (SBWIRE) -- 09/14/2020 -- Reports and Data has recently published an extensive research study on the Global Argan Oil Market to provide an in-depth assessment of the key segments, prominent manufacturers, suppliers and vendors, key geographical regions, drivers, constraints, opportunities, risks, and limitations. The investigative study on the key factors of the global Argan Oil market provides a thorough assessment of the leading companies, expansion strategies, product launches, and current developments in products and technologies. Moreover, the report covers SWOT analysis and Porter's Five Forces analysis to offer a comprehensive view of the competitive landscape.
The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The pandemic has affected every major segment of the Argan Oil industry and has influenced the global economic scenario significantly. The report provides a complete analysis of the current situation along with a thorough assessment of the present and future impact of the COVID-19 pandemic on the overall Argan Oil industry.
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The global Argan Oil market is organized and includes several major manufacturers and vendors. The prominent players profiled in the report are Zidrop Argan Oil, Purus International, Organica Group Limited, Argane Aouzac, Kamakhya Bottlers, ARGANisme, Malakbio, ARGANBULK, Zineglob, and Arganfarm, among others.
Scope of the Argan Oil Market Research Report:
The global Argan Oil market has been significantly affected by the current COVID-19 outbreak and has witnessed a decline in the growth prospect. However, according to the analysts, the market is expected to gain traction in the post-COVID-19 scenario through the entirety of the forecast period. The Argan Oil market is anticipated to reach a valuation of USD 499.90 Million in 2027 from a valuation of USD 220.87 Million in 2019, registering a steady CAGR of 10.7%.
Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Million; 2017-2027)
Conventional
Organic
Form Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Million; 2017-2027)
Absolute
Concentrate
Blend
Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Million; 2017-2027)
Personal Care & Cosmetics
Medical
Aromatherapy
Food Processing
Cleaning and Home
Others
Based on the regional bifurcation, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The market is further segmented into types, applications, end-use, key manufacturers, regions, and other key segments to provide vital information about the Argan Oil industry. The statistical data is further organized into tables, charts, graphs, pictorial representations, and diagrams to offer a better understanding of the market.
Moreover, the report provides a panoramic overview of the competitive landscape by providing an in-depth analysis of the key players, their lucrative business strategies, product developments, technological advancements, revenue generation, market value, market share, and strategic initiatives.
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Key questions answered by the Report:
What is the expected valuation of the report throughout the forecast period?
What are the major drivers and constraints of the Argan Oil industry?
Which growth opportunities are expected to drive the growth of the industry?
Which market segmentation is expected to dominate the market in the coming years?
Which region is expected to lead the global Argan Oil market in the coming years?
What is the projected growth rate of the Argan Oil industry?
Who are the leading competitors of the Argan Oil market?
The report further covers values, drivers, restraints, production and manufacturing capacity, cost analysis, SWOT and Porter's Five Forces analysis, and study of other key elements of the market. The report is an all-inclusive document that provides a detailed overview of the overall Argan Oil industry to assist the business players and new entrants in formulating strategic business decisions.
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