(Food-Beverage-News.Com, October 04, 2018 ) According to Goldstein Research, the global almond oil market is expected to reach 3.62billion metric tons by 2025, expanding at a CAGR of 13.2% over the forecast period, 2017-2025. The rising concerns over health and beauty and development in processes to use almond oil in a variety of products are driving the growth of the industry. California is the major producer of almonds, with 2.2 billion pounds in 2017, with a growth rate of 2.8% over 2017 production. The market segmentation has been done on the basis of product type, packaging, application, end-users, distribution channel, and geography. Based on product type, sweet almond accounted for the largest market share of 68.1% in 2017 of the global almond oil market and it is expected to continue its dominance over bitter almond oil type.
Global Almond oil market is dominated by North America with more than 76.3% market share globally. North America region accounts for the largest production of almond and the majority of the produced almonds are exported to various parts of the world. Moreover, The increasing demand of Sweet Almond Oil is also giving a boost to Edible Oils Market over the forecast period of 2016-2024.
“Global Almond Oil Industry Analysis” contains a detailed overview of the global almond oil market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, packaging, application, end-users, distribution channel, and geography.
The Market Research Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of almond oil market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the market discussed in the report are: AAK, Frontier Natural Products (Aura Cacia), Proteco, Flora Oil Seed Extractions (OSE), Dabur,Bajaj, Caloy, ESI, HuilesBertin, GrupoPlimon, Humco Compounding, Mountain Ocean, K. K. Enterprise, NOW Foods OLIOFORA, Provital Group,etc.
Further, Global Almond Oil Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The industry analysis report also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
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