Global Argan Oil Market 2025-2035

Description

List of Tables

Argan Oil Market Size, Share & Trends Analysis Report by Source (Conventional and Organic), by Application (Food, Medical, Personal Care & Cosmetics, and Others), by Distribution Channel (B2B and B2C (Offline Channels and Online Channels), Forecast Period (2025-2035)

Industry Overview

Argan oil market was valued at $337.4 million in 2024 and is projected to reach $1,065.8 million by 2035, growing at a CAGR of 11.1% during the forecast period (2025-2035). The expansion of the argan oil market is primarily driven by rising demand for premium natural oils across industries. Increasing awareness of its nutritional and therapeutic qualities has contributed to higher adoption worldwide. Many companies are investing in sustainable sourcing to meet consumer expectations. For instance, Olvea Group offers responsibly sourced argan oil that caters to food, cosmetic, and pharmaceutical applications. Growing preference for eco-friendly and ethically produced oils further supports market growth. This has positioned argan oil as a valuable ingredient in both traditional and modern product formulations.

Market Dynamics

Rising Demand for Premium Personal Care Products

The global argan oil market is witnessing notable growth as demand for natural and organic ingredients in cosmetics continues to rise. Consumers are increasingly preferring argan oil-based skin and hair care products due to their hydrating and anti-aging properties. Companies such as L'Oreal S.A. have expanded their product portfolios by incorporating argan oil into shampoos and conditioners. This trend is particularly strong in developed markets where premium personal care products are highly valued. The shift toward chemical-free formulations further strengthens argan oil's position in the beauty sector.

Expanding Applications in Food and Nutraceuticals

Beyond cosmetics, argan oil is gaining traction in the food and nutraceutical industries owing to its rich antioxidant and essential fatty acid profile. The growing interest in functional foods and dietary supplements has led to wider adoption of culinary-grade argan oil. For instance, Olvea Group offers edible argan oil that is widely used in gourmet cooking and health products. Rising awareness about its cardiovascular and digestive health benefits supports its integration into wellness-focused diets. This expansion into multiple sectors is boosting global demand significantly.

Market Segmentation

Based on the source, the market is segmented into conventional and organic.
Based on the application, the market is segmented into food, medical, personal care & cosmetics, and others.
Based on the distribution channel, the market is segmented into B2B and B2C (offline channels and online channels).

Conventional Segment to Lead the Market with the Largest Share

The conventional argan oil segment continues to witness steady expansion owing to its affordability and wider availability. Bulk production enables competitive pricing, making it accessible across the food and cosmetic industries. Companies such as Malak Bio distribute conventional argan oil to international markets at scale. This category particularly appeals to large retailers and mass-market cosmetic brands. Conventional argan oil also serves as the raw material base for further processing into refined or blended products. Its role in meeting everyday consumer needs sustains consistent demand.

Personal Care & Cosmetics: A Key Segment in Market Growth

Personal care and cosmetics represent one of the largest end-use sectors for argan oil. Its skin-nourishing and hair-conditioning qualities have made it a staple in premium beauty formulations. L'Oreal, for example, incorporates argan oil in its popular hair care lines to target moisture retention and shine. Consumer preference for natural, plant-based beauty products continues to strengthen the market. The oil's anti-aging properties have also attracted strong interest from skincare brands. This consistent application across global cosmetic portfolios underlines its commercial importance.

Regional Outlook

The global argan oil market is further divided by geography, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).

Increasing Shift towards Organic and Natural Products in North America

The North American argan oil market is expanding owing to the growing shift towards organic and natural products. Consumers in the US and Canada are increasingly drawn to clean-label cosmetics and nutritional oils. Josie Maran Cosmetics has successfully positioned argan oil as a luxury skincare ingredient in the region. Rising awareness about sustainable sourcing practices also supports greater market acceptance. Health-conscious buyers are exploring argan oil for culinary and wellness uses, adding to its appeal. These dynamics collectively strengthen its growth in the North American market.

Europe Region Dominates the Market with a Major Share

In Europe, the argan oil market is gaining traction as sustainability and ethical sourcing remain central to consumer choices. The region's strong preference for natural cosmetics and organic foods has elevated demand. Firmenich, a leading supplier, integrates argan oil into its fragrance and beauty solutions for European brands. Regulatory support for organic certification further drives confidence in argan oil products. Rising consumer spending on premium personal care items also strengthens market prospects. Europe's focus on eco-friendly products makes it a key growth hub for argan oil suppliers.

Market Players Outlook

The major companies operating in the global argan oil market include Arganisme Cosmetics S.A.R.L., Biopur Sarl, Olvea Morocco, Organica Group Ltd., Zineglob SARL., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.

Recent Developments

In July 2025, Nashi Argan Oil launched an offer for a no-rinse hair oil designed for nourishment, shine, and volume. Enriched with argan and linseed oils, the product caters to consumers looking for healthy, luminous hair through sustainable, argan-based ingredients, staying at the forefront of clean beauty and hair repair trends.
In February 2025, Moroccanoil, the global leader in argan oil-infused beauty, invites consumers to experience the Mediterranean with the launch of its first-ever fine fragrance, L'Originale Eau de Parfum. Eagerly awaited and highly anticipated by long-time fans of the brand globally, this transportive fragrance captures the essence of a luxuriant escape-blending sweet florals, velvet woods, and spicy amber. As exotic, wild, and imposing as the windswept cliffs that inspired it, L'Originale is a powerful invitation to embark on a journey, explore the unknown, and discover the unforgettable.

The Report Covers:

Market value data analysis of 2024 and forecast to 2035.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global argan oil market. Based on the availability of data, information related to new products and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2023473

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Global Argan Oil Market Sales Analysis - Source| Application| Distribution Channel |($ Million)
Argan Oil Market Sales Performance of Top Countries
1.1. Research Methodology
Primary Research Approach
Secondary Research Approach
1.2. Market Snapshot

2. Market Overview and Insights

2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Argan Oil Market Trends
- 2.2.2. Market Recommendations
2.3. Porter's Five Forces Analysis for the Argan Oil Market
- 2.3.1. Competitive Rivalry
- 2.3.2. Threat of New Entrants
- 2.3.3. Bargaining Power of Suppliers
- 2.3.4. Bargaining Power of Buyers
- 2.3.5. Threat of Substitutes

3. Market Determinants

3.1. Market Drivers
- 3.1.1. Drivers For Global Argan Oil Market: Impact Analysis
3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For Global Argan Oil Market: Impact Analysis
3.3. Market Opportunities

4. Competitive Landscape

4.1. Competitive Dashboard - Argan Oil Market Revenue and Share by Manufacturers
Argan Oil Product Comparison Analysis
Top Market Player Ranking Matrix
4.2. Key Company Analysis
- 4.2.1. Arganisme Cosmetics S.A.R.L.
  - 4.2.1.1. Overview
  - 4.2.1.2. Product Portfolio
  - 4.2.1.3. Financial Analysis (Subject to Data Availability)
  - 4.2.1.4. SWOT Analysis
  - 4.2.1.5. Business Strategy
- 4.2.2. Biopur Sarl
  - 4.2.2.1. Overview
  - 4.2.2.2. Product Portfolio
  - 4.2.2.3. Financial Analysis (Subject to Data Availability)
  - 4.2.2.4. SWOT Analysis
  - 4.2.2.5. Business Strategy
- 4.2.3. Olvea Morocco
  - 4.2.3.1. Overview
  - 4.2.3.2. Product Portfolio
  - 4.2.3.3. Financial Analysis (Subject to Data Availability)
  - 4.2.3.4. SWOT Analysis
  - 4.2.3.5. Business Strategy
- 4.2.4. Organica Group Ltd.
  - 4.2.4.1. Overview
  - 4.2.4.2. Product Portfolio
  - 4.2.4.3. Financial Analysis (Subject to Data Availability)
  - 4.2.4.4. SWOT Analysis
  - 4.2.4.5. Business Strategy
- 4.2.5. Zineglob SARL
  - 4.2.5.1. Overview
  - 4.2.5.2. Product Portfolio
  - 4.2.5.3. Financial Analysis (Subject to Data Availability)
  - 4.2.5.4. SWOT Analysis
  - 4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration

5. Global Argan Oil Market Sales Analysis by Source ($ Million)

5.1. Conventional
5.2. Organic

6. Global Argan Oil Market Sales Analysis by Application ($ Million)

6.1. Food
6.2. Medical
6.3. Personal Care & Cosmetics
6.4. Others (Cleaning)

7. Global Argan Oil Market Sales Analysis by Distribution Channel ($ Million)

7.1. B2B
7.2. B2C
- 7.2.1. Offline Channels
- 7.2.2. Online Channels

8. Regional Analysis

8.1. North American Argan Oil Market Sales Analysis - Source| Application| Distribution Channel |($ Million)
Macroeconomic Factors for North America
- 8.1.1. United States
- 8.1.2. Canada
8.2. European Argan Oil Market Sales Analysis - Source| Application| Distribution Channel |($ Million)
Macroeconomic Factors for Europe
- 8.2.1. UK
- 8.2.2. Germany
- 8.2.3. Italy
- 8.2.4. Spain
- 8.2.5. France
- 8.2.6. Russia
- 8.2.7. Rest of Europe
8.3. Asia-Pacific Argan Oil Market Sales Analysis - Source| Application| Distribution Channel |($ Million)
Macroeconomic Factors for Asia-Pacific
- 8.3.1. China
- 8.3.2. Japan
- 8.3.3. South Korea
- 8.3.4. India
- 8.3.5. Australia & New Zealand
- 8.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
- 8.3.7. Rest of Asia-Pacific
8.4. Rest of the World Argan Oil Market Sales Analysis - Source| Application| Distribution Channel |($ Million)
Macroeconomic Factors for Rest of the World
- 8.4.1. Latin America
- 8.4.2. Middle East and Africa

9. Company Profiles

9.1. Argan Liquid Gold Ltd.
- 9.1.1. Quick Facts
- 9.1.2. Company Overview
- 9.1.3. Product Portfolio
- 9.1.4. Business Strategies
9.2. Arganiae Srl
- 9.2.1. Quick Facts
- 9.2.2. Company Overview
- 9.2.3. Product Portfolio
- 9.2.4. Business Strategies
9.3. Arganisme Cosmetics S.A.R.L.
- 9.3.1. Quick Facts
- 9.3.2. Company Overview
- 9.3.3. Product Portfolio
- 9.3.4. Business Strategies
9.4. Biopur Sarl
- 9.4.1. Quick Facts
- 9.4.2. Company Overview
- 9.4.3. Product Portfolio
- 9.4.4. Business Strategies
9.5. Josie Maran Cosmetics, LLC
- 9.5.1. Quick Facts
- 9.5.2. Company Overview
- 9.5.3. Product Portfolio
- 9.5.4. Business Strategies
9.6. Malakbio SARL
- 9.6.1. Quick Facts
- 9.6.2. Company Overview
- 9.6.3. Product Portfolio
- 9.6.4. Business Strategies
9.7. Marogania SARL
- 9.7.1. Quick Facts
- 9.7.2. Company Overview
- 9.7.3. Product Portfolio
- 9.7.4. Business Strategies
9.8. Nadifi Argan Oil Co. Ltd.
- 9.8.1. Quick Facts
- 9.8.2. Company Overview
- 9.8.3. Product Portfolio
- 9.8.4. Business Strategies
9.9. Olvea Morocco
- 9.9.1. Quick Facts
- 9.9.2. Company Overview
- 9.9.3. Product Portfolio
- 9.9.4. Business Strategies
9.10. Organica Group Ltd.
- 9.10.1. Quick Facts
- 9.10.2. Company Overview
- 9.10.3. Product Portfolio
- 9.10.4. Business Strategies
9.11. Phytosuisse S.A.
- 9.11.1. Quick Facts
- 9.11.2. Company Overview
- 9.11.3. Product Portfolio
- 9.11.4. Business Strategies
9.12. Purus International, Inc.
- 9.12.1. Quick Facts
- 9.12.2. Company Overview
- 9.12.3. Product Portfolio
- 9.12.4. Business Strategies
9.13. Saadia Organics Inc.
- 9.13.1. Quick Facts
- 9.13.2. Company Overview
- 9.13.3. Product Portfolio
- 9.13.4. Business Strategies
9.14. Shea Terra Organics, LLC
- 9.14.1. Quick Facts
- 9.14.2. Company Overview
- 9.14.3. Product Portfolio
- 9.14.4. Business Strategies
9.15. Zineglob SARL
- 9.15.1. Quick Facts
- 9.15.2. Company Overview
- 9.15.3. Product Portfolio
- 9.15.4. Business Strategies