Almond Oil Market Expected to Reach $2,680 Million by 2023 - PowerPoint PPT Presentation

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Almond Oil Market Expected to Reach $2,680 Million by 2023

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According to a new report published by Allied Market Research, titled, Almond Oil Market by Type, Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global almond oil market was valued at $1,118 million in 2016, and is projected to reach $2,680 million by 2023, growing at a CAGR of 13.2% from 2017 to 2023. The sweet almond oil segment dominated the market in 2016, with more than half share, in terms of revenue. – PowerPoint PPT presentation

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Title: Almond Oil Market Expected to Reach $2,680 Million by 2023


1
Opportunity Analysis and Industry Forecast,
2016-2023
Global Almond Oil Market Industry Analysis and
Forecast 2023  
Global Opportunity Analysis and Industry
Forecast, 2016-2023
2
Opportunity Analysis and Industry Forecast,
2016-2023
The demand for almond oil is anticipated to
increase among luxury brand manufacturers of
personal care and cosmetic products as currently
these manufacturers are concentrating on
production of products containing natural and
organic ingredients. Biswa Sinha Senior
Research Analyst, Consumer Goods and Food
Beverages at AMR
Global Opportunity Analysis and Industry
Forecast, 2016-2023
3
Almond Oil Market
Almond Oil Market by Type, Application and
Distribution Channel Global Opportunity Analysis
and Industry Forecast, 2017-2023, the global
almond oil market was valued at 1,118 million in
2016, and is projected to reach 2,680 million by
2023, growing at a CAGR of 13.2 from 2017 to
2023. The sweet almond oil segment dominated the
market in 2016, with more than half share, in
terms of revenue. Almond oil is extracted
from kernels of Prunus Dulcis tree using
cold-pressed method. Presence of various vitamins
such as Vitamin E, Vitamin B, and vitamin A
minerals proteins and omega fatty acids make
this oil an all-purpose essential and carrier oil
which is utilized in food preparation,
pharmaceutical and cosmetic industries. The
demand of almond oil is on an increase across the
globe due to its health benefits and high
nutritional value. Request to sample-
https//www.alliedmarketresearch.com/request-sampl
e/3087
4

Almond Oil Market
Key Findings of the Almond Oil Market North
America is expected to lead the market during the
forecast period in terms of revenue, followed by
Asia-Pacific. Sweet almond oil market volume is
projected to grow with a CAGR of 12.5, in terms
of volume during the forecast period. The
cosmetic segment is expected to show highest
growth, registering a CAGR of 12.9 in terms of
volume.
Turkey accounted for 6.58 share in the LAMEA
almond oil market in 2016. Mexico is projected
to grow at a fastest rate in the North America
almond oil market, registering a CAGR of
13.8. Germany accounts for 10.20 share in the
Europe almond oil market in 2016.
5
By Geography North America U.S. Canada Mexico Eu
rope UK France Germany Rest of Europe Asia-Pacific
China Japan India South Korea Rest of
Asia-Pacific LAMEA Latin America Middle East Arica
Almond Oil Market
6
 
Almond Oil Market
Thank You! For More Details
Visit us at
https//www.alliedmarketresearch.com/checkout/7959
06
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