- Press Release -

Rockville, Md. The global argan oil market is set to exceed US$ 6 Bn by 2022 on moderate growth, according to Fact.MR, as awareness of its natural benefits spreads across food, cosmetics and wellness. Producers are lifting extraction capacity and leaning on mass merchandising, wider geographic reach and online availability to meet the rising interest.

Natural grades dominate, absolute oil leads by form, and food and beverage applications carry the largest share. Europe is both the most lucrative and the fastest-growing region.

Forms, Applications and Channels

Absolute argan oil is the preferred form, at more than a third of revenue, with blends close behind at a similar growth rate. By source, natural argan oil holds nearly three-fourths of the market, well ahead of organic. Food and beverages is the largest application, nearing US$ 1.6 Bn by 2022, followed by aromatherapy, while fragrance use grows slowly. On distribution, modern trade dominates, online expands fastest, and specialty stores grow slowest despite ranking as the second-largest channel.

Europe leads by region and posts the fastest growth, North America ranks second, the Middle East and Africa stays sluggish, and Asia Pacific excluding Japan grows moderately.

Natural Ingredients Drive Demand

The market runs on the shift toward herbal, natural ingredients. Cosmetic makers use argan oil for moisturizing and anti-aging benefits, while its role in supporting energy and metabolism broadens its appeal in food and wellness. As consumers favour herbal content across medical, cosmetic and food products, that preference keeps pulling demand higher.

Suppliers and Their Playbook

The field brings together essential oil specialists and natural ingredient suppliers.

• Plant Therapy Essential Oils, Young Living Essential Oils LC, Green Fields Oil Factory, Aromaaz International, Lionel Hitchen Essential Oils, IL Health & Beauty Natural Oils Co. Inc., Biolandes, Greenleaf Extractions Pvt Ltd., The Lebermuth Company, Synthite Industries Ltd., Bio Extracts (Pvt) Ltd., Shaanxi Guanjie Technology Co., Aksuvital, doTerra, and Natures Natural India are among the key players in the report.

Reading the Market for Decisions

For producers, growth favours natural grades, food and beverage applications and a stronger online presence. Investors get a niche market with steady, wellness-led demand. Procurement teams can plan around modern trade leading distribution, natural argan oil carrying volume, and Europe offering the largest and fastest-growing opportunity through 2022.

About the Report

Fact.MR's study covers the global argan oil market for the 2017 to 2022 forecast period, with segmentation by form, source, application, distribution channel and region. It sizes each segment, maps the competitive field, and weighs the consumer forces shaping demand. Further detail is available in the argan oil market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.