In this report, Global Reports Store covers the present scenario and the growth prospects of global Sweet Almond Oil market for 2019-2025.
Almond oil is the oil extracted from almonds. It is a kind of pale yellow oily liquid with minimum odor at room temperature. It is mainly used for food, cosmetics and others. In this report we main static the almond oil that not contain any additives.
California produces 82% of the globe's almonds, harvesting about 1000,000 acres of the tree nut across a 400-mile stretch from northern Tehama County to southern Kern County. Fueling the boom is robust foreign demand, particularly from emerging consumer markets like China and India, where the industry has been promoting almonds as a healthful snack. Most of almond is consumed as food. Almonds production and price trend will directly affect the industry. Due to the strong demand in the cosmetics industry, sweet almond oil is rapidly developing as a further processed product of almond. As we know, the world's leading cosmetics companies L'oreal, Beiersdorf, SHISEIDO and Estee Lauder are direct downstream clients in this industry.
The United States is the world's largest producer of sweet almond oil. Every year, 60%-75% sweet almond oil of United States manufacturer exports to Europe and Asia Pacific. In Europe, especially France and Germany, is the world's largest consumption region of sweet almond oil, which hold 58% global sales market share.
The world's major consumption regions are the France, Germany, United Kingdom, Japan and the United States. Cosmetic companies are the world's major downstream customers. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. Consumption in China and many developing countries is very small, and there still have great potential in these markets.
This report projects that Sweet Almond Oil will register a -0.4% CAGR in terms of revenue, reach US$ 148 million by 2025, from US$ 159 million in 2018.Global Otoscope Market Share and Size by 2019 - 2025
Global Sweet Almond Oil Market Share and Size by 2019- 2025
Sweet Almond Oil Market Segmentation:
* Nonpareil Almond Oil
* California Almond Oil
* Mission Almond Oil
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major market players in Sweet Almond Oil Industry are:
* NOW Foods
* La Tourangelle
* Natural Oils International
* Mountain Ocean
* Provital Group
* AAK Natural Oils
* Uğurluoğlu Vegetable Oil
* K. K. Enterprise