Sweet Almond Oil Market, by Product Type (Nonpareil Almond Oil, California Almond Oil, Mission Almond Oil, and Others), by End-use Industry (Food, Cosmetics & Personal Care, and Others) and by Distribution Channel (Hypermarket, Supermarket, Online Channels, Convenience Stores, and Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

  • To Be Published : Sep 2018 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Market Introduction

A refined oil obtained from the dried kernels of the almond tree is referred as sweet almond oil. It contains vitamin A, B, E, and D and is also rich in glycosides, minerals, mono and poly-unsaturated fatty acids. It is typically used to relieve skin itching caused due to dryness, moisturize dry skin, and soothe chapped lips.

Market Dynamics

Sweet almond oil has wide range of medical applications such as laxative and as a vaccine additives. Furthermore, it is also used in moisturizers, soaps, shampoos, shaving creams, and bath oils, in the cosmetics and personal care industry. According to Cosmetic Europe, cosmetics and personal care industry in Europe was valued at US$ 94.13 billion in 2015 with Germany (US$ 15.89 billion) positioned as the largest market, followed by the U.K. (US$ 14.06 billion), France (US$ 13.94 billion), and Italy (US$ 12.10 billion), respectively. This is expected to be a major factor for growth of the market. However, high cost of sweet almond oil is restraining factor for the growth of market.

Furthermore, manufacturers are developing new products, with more nutritive benefits, in order to cater to increasing consumer needs. For instance, Aura Cacia launched a unique line of skin care oils, in 2015 as 'Sweet Almond + Fruit Seeds Oil', which combines nutritive benefits of cherry seeds, raspberry, blueberry, and sweet almond oil for skin.

Market Trends

Nonpareil segment accounted for the largest market share in 2017 followed by California and mission almond oil, as it has thin outer shell and smooth kernel which allows blemish free and easy processing as compared to other types. According to According to California Department of Food and Agriculture (CFDA), in California, nonpareil almond accounted for 39% of the almond produced in 2012 and is expected to exhibit continuous growth. On the basis of end-use industry, the cosmetics segment is expected to exhibit significant growth in the sweet almond oil market over the forecast period. Increasing awareness among consumers regarding the benefits and applications in shower gels, skin moisturizer and others of sweet almond oil and rising popularity of aromatherapy is fueling growth of this segment in global sweet almond oil market.

Online channels segment is significantly gaining traction, as it offers a wide range of products through a single website and other offers such as free delivery. According to the India Brand Equity Foundation (IBEF), in India, revenue generated from online retail was US$ 6 billion in 2015 and is expected to reach up to US$ 70 billion by 2020.

Market Outlook

North America is projected to exhibit a significant growth in global sweet almond oil market in 2017. This is attributed to increasing demand for sweet almond oil, due to its high nutritional value and various health benefits, resulting in increasing demand from pharmaceutical, food and cosmetic industries in this region. According to U.S. International Trade Administration (ITA), the export of personal care and cosmetic industry in the U.S. was valued at US$ 10.4 billion in 2015 and increased at an average rate of 15% over (2012–2015). However, increasing cost of almonds may have a negative impact on the growth of this market. According to Bureau of Labor Statistics (BLS), in the U.S., the price of almond increased from US$ 2.58 per pound to US$ 4.00 per pound from 2012 to 2014 respectively and is significantly increasing.

Asia Pacific is projected to witness significant growth in the global sweet almond oil market over the forecast period, owing to its increasing application such as cooking and frying, results in increasing food processing industry in the region. According to the India Brand Equity Foundation (IBEF), in 2016, the food processing industry in India was ranked fifth in terms of consumption, production, and exports, and increased at a CAGR of 11.74 % during 2011–2016.

Market Players and Business Strategies

Key players are focused on adopting various organic and inorganic growth strategies such as mergers and acquisitions, joint ventures and partnerships, and product or technological innovations to retain position in the sweet almond oil market. For instance, in December 2017, Blue Diamond—almond supplier and processor—launched 100% sweet almond oil for application in massage oil, cosmetics, and personal care products.

Some of the leading players operating in the global sweet almond oil market include Now Health Group, Inc., Plimon, S.L., Provital Group, La Tourangelle, Inc., ESI S.p.A., and Blue Diamond Growers, Inc. among others.

Market Taxonomy

On the basis of product type, the sweet almond oil market is segmented into:

  • Nonpareil Almond Oil
  • California Almond Oil
  • Mission Almond Oil
  • Others

On the basis of end-use industry, the sweet almond oil market is segmented into:

  • Food
  • Cosmetics & Personal Care
  • Others

On the basis of distribution channel, the sweet almond oil market is segmented into:

  • Hypermarket
  • Supermarket
  • Online Channels
  • Convenience Stores
  • Others

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
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Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

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