Almond Oil Market - Forecast(2023 - 2028)

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Almond Oil MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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• The Almond Oil Market size is estimated to reach
  1,052 million by 2027. Furthermore, it is
  poised to grow at a CAGR of 4.7 over the
  forecast period of 2022-2027. Almond has been
  gaining immense market traction over the last
  five years. Predominantly owing to the rising
  veganism trend and the tendency of people to
  adopt vegan diets which can provide them with the
  needed protein and energy for the entire day.
  Additionally, almond oil has been extensively
  used in cosmetic products owing to its excellent
  chemical properties making the skin smooth and
  nutritively healthy.

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• Key Takeaways
• Geographically, North America held the dominant
  market share in the year 2021. It is owing to the
  predominant position of the region in supplying
  the raw material almond. Additionally, the
  established pharmaceutical-nutraceutical and
  cosmeceutical industries propel the usage of
  almond oil in making end-products. However,
  Asia-Pacific is expected to offer lucrative
  growth opportunities to the marketers owing to
  heightened demand from the application industry
  fuelled by new product launches and brands
  focussing on using and publicizing almonds as the
  health beneficiary factor.
• The medicinal benefits offered by the almond oil,
  which aids all age groups has been a key market
  driver. However, owing to huge inclination and
  supply focus to small regions impeded the overall
  market growth.

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By Distribution Channel- Segment Analysis The
Almond Oil Market based on distribution channels
can be further segmented into offline and online.
Offline held a dominant market share in the year
2021 owing to the vast application usage in food
products and beverages. Plant-based milk
especially almond milk is thickening its bases as
users complained that plant-based milk is
thinner than dairy-milk. Plant-based milk
products are growing continually, and offline
distribution channels are the major way through
which such products reach the end-user, as they
come under the tag of convenience.
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• Almond Oil Market Industry Outlook
• AAK
• Frontier Natural Products
• Flora
• Proteco
• Bajaj

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Almond Oil Market- Forecast(2021 - 2026) Learn
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com/Research/Almond-Oil-Market-Research-504594
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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