Global Argan Oil Market Size to Reach $1.07 Billion by 2035

Argan oil market size reached $0.34 billion in 2024 and is projected to expand to $1.07 billion by 2035, growing at a CAGR of 11.1% during the forecast period (2025–2035). Market growth is supported by rising personal care usage, food ingredient demand, and organic product adoption.

KEY MARKET DRIVERS

• Increasing use of argan oil in hair care and skincare formulations
• Growing consumer preference for organic and naturally sourced cosmetic ingredients
• Rising application of argan oil in functional and specialty food products
• Expansion of online retail channels improving product accessibility
• Increasing awareness regarding cold-pressed and additive-free edible oils

Browse the full report description of “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)” of https://www.omrglobal.com/industry-reports/argan-oil-market

REGIONAL ANALYSIS

Asia-Pacific represents a significant growth region for the argan oil market, supported by increasing disposable income and expansion of personal care consumption across emerging economies. China has recorded rising imports of cosmetic-grade oils driven by domestic beauty brands seeking natural formulations. India has also experienced growth due to increasing awareness of herbal and organic skincare products, alongside the expansion of e-commerce platforms distributing specialty oils to urban and semi-urban consumers.

North America continues to maintain steady demand, supported by regulatory frameworks encouraging clean-label and plant-based ingredients. The United States accounts for a substantial share of regional consumption, with argan oil increasingly incorporated into haircare, dermatological products, and dietary supplements. Demand is also influenced by higher consumer spending on premium personal care products and the presence of established cosmetic manufacturing infrastructure.

Europe demonstrates consistent market activity driven by sustainability policies and demand for traceable cosmetic ingredients. Countries across Western Europe have increased reliance on certified organic oils in compliance with clean beauty regulations. France, Germany, and the United Kingdom remain key consuming markets, while regulatory alignment with eco-labeling and ingredient transparency standards continues to support argan oil imports and downstream product development.

COMPETITIVE LANDSCAPE

Key companies operating in the global argan oil market include OLVEA Group, BASF SE, Croda International Plc, AOS Products, ZineGlob, ["company","L’Oreal","cosmetics company france"]?, Provital Group, and Sophim. Market competition is primarily structured around sourcing partnerships, organic certification capabilities, and long-term supply agreements with cooperatives in producing regions.

RECENT MARKET DEVELOPMENTS

• In January 2026, Moroccanoil launched Moroccanoil Lip Balm, expanding its signature argan oil benefits into the lip care category. The product delivers instant hydration for up to 24 hours and nourishes lips with a blend of argan oil, argan butter, peptides, and hyaluronic acid, while maintaining a non-sticky texture. The launch reflects product innovation in argan oil applications beyond hair and body care, integrating sustainable packaging and Mediterranean-inspired formulations.
• In 2025, Zineglob SARL’s cold?press argan oil extraction process was featured on Moroccan National TV, highlighting its nutrient?preserving extraction method for cosmetic and food applications. This development emphasizes the company’s approach to producing premium argan oil.

Market Coverage

• The market number available for – 2024-2035
• Base year- 2024
• Forecast period- 2025-2035
• Segment Covered-
  • by Source
  • by Application
  • by Distribution Channel
• Regions Covered-
  • North America
  • Asia-Pacific
  • Europe
  • Rest of the world
• Competitive Landscape - Arganisme Cosmetics S.A.R.L., Biopur Sarl, Olvea Morocco, Organica Group Ltd., Zineglob SARL., among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Argan Oil Market Research and Forecast Report Segment

By Source

• Conventional
• Organic

By Application

• Food
• Medical
• Personal Care & Cosmetics
• Others (Cleaning)

By Distribution Channel

• B2B
• B2C
• Offline Channels
• Online Channels

Global Argan Oil Market Research and Forecast Report Segment by Region

North America

• United States
• Canada

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Countries
• Rest of Asia-Pacific

Europe

• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe

Rest of the World

• Latin America
• Middle East & Africa

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