Argan Oil Market By Product Type (Cosmetic-Grade Argan Oil, Food-Grade Argan Oil, Medicinal-Grade Argan Oil), By Extraction Method (Cold Pressed, Solvent Extraction), By Application (Cosmetics & Personal Care {Hair Care, Skin Care, Makeup}, Food & Beverages {Culinary Oils, Nutritional Supplements}, Pharmaceuticals, Other), By Distribution Channel (Online Retail, Offline Retail {Supermarkets and Hypermarkets, Specialty Stores, Pharmacies, Beauty Salons and Spas}), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

Industry Outlook

The Argan Oil Market accounted for USD 372.1 Million in 2024 and is expected to reach USD 1,208.1 Million by 2035, growing at a CAGR of around 11.3% between 2025 and 2035. The global Argan Oil Market has a lot of potential for development due to the constantly rising popularity of natural and organic additives for beauty products and food production. Argan oil gained popularity in cosmetics and nutritional solutions due to its skin rejuvenation, anti-aging, and general health benefits.

North America and Europe have the biggest market shares because of consumer awareness and potential buying power; Asia-Pacific is just around the corner thanks to the beauty and wellness waves. Green supply chain management, innovative resource utilization, and product differentiation define the industry.

Report Scope:

Market Dynamics

Increasing consumer preference for eco-friendly and chemical-free ingredients in cosmetics, personal care, and food products.

Higher demand for natural and organic products has become the major factor contributing to the market growth for argan oil, and on the same note, there is a shift of consumers towards more environmentally friendly products that do not contain any chemicals. Such a trend is amplified in industries including cosmetic and personal care products and the food industry, where customers are shifting towards products of natural origin and sustainable nature. Thus, argan oil, which is loaded with antioxidants, vitamin E, and essential fatty acids, fits seamlessly with these preferences and is good for the face, hair, and cooking.

This versatility, due to the product's skin nutrition and anti-aging benefits, has placed it strategically as part of high-end beauty products, in addition to the nutritional benefits associated with the product for the health-conscious consumer. The increasing consciousness of customers of green and sustainable sourcing also adds to its demand since people buy from what they consider the right thing to do. This growing tendency towards the usage of organic products is further complemented by the growing disposable incomes, subsequently urbanization, and wellness factors indicating the position of argan oil as a valuable added worth, versatile ingredient in the global market.

Argan oil’s anti-aging, moisturizing, and anti-inflammatory properties make it a popular ingredient in skincare and hair care.

The fact that argan oil possesses these special qualities has been one of the main reasons why its usage has been increasing in the international market. Argan oil offers anti-aging benefits that allow the removal of wrinkles and fine lines, making it a common product among luxurious brands. Consequently, the moisturizing effect, which may be explained by the concentration of PUFAs and vitamin E in the substance, has placed it at the forefront of products for the treatment of damaged skin.

Due to its anti-inflammatory action, it is useful in treating inflammations on the skin, such as eczema and acne. As for hair care, argan oil works wonders by increasing the hair’s tensile strength, decreasing its porosity, hence reducing frizz, and increasing its luster. These features suit the current trend of materials that serve multiple purposes and have a natural look as they apply to both health and appearance benefits. The current fascination with health and beauty regimes sustains the consumer attraction to products made with argan oil, paving its utilization in luxury cosmetic and personal care items across the world.​

High-quality argan oil is labor-intensive, involving hand-harvesting and traditional methods of extraction.

One of the key challenges in the market of argan oil is the high price of production that is caused by the requirement of a high amount of labor input. Argan oil is produced from the seeds of the fruit of the argan tree, native to southwestern Morocco, and the production is sometimes done by Berber women. The cold pressing, among other traditional extraction methods, raises the cost since it takes time and a lot of precaution to ensure the oil is not damaged.

This process is slightly different from high-volume and less costly methods used for other oils like olive or sunflower, making argan oil very expensive. Further, due to the specificity of the plant and the geographic location of the kernels in the southwest of Morocco, the limited availability increases the price. These high production costs are some of the factors that have given argan oil a higher price than other oils in world markets where local substitutes abound.

Consumers are increasingly prioritizing natural and organic ingredients in their skincare, haircare, and food products.

The addition of preference for natural and organic products has highly raised the reputation of argan oil in several segments of the economy with an emphasis on the cosmetic and food industries. People are more aware of the products that contain less or no chemicals and are more specific while choosing the products to buy, as customers are now more informed; thus, they buy argan oil because of its natural benefits, including skincare and its ability to moisturize the skin and slow down the aging process, as well as acting as an antioxidant.

This migration to natural products is due to the consciousness of the various hazards associated with artificial additives and other changing lifestyle factors that affirm health consciousness. With people shifting their mindset and adopting more natural and safer approaches to their well-being, argan oil has been well placed to give beauty and personal care products that deliver powerful and non-chemical. Moreover, the national organic argan oil volume is being requested through ethical and sustainable farming, which is also contributing towards increasing its market, more particularly among conscious and thoughtful customers. Given this new trend of organic and environmentally sustainable goods and services, the need for this oil is expected to drive the market for argan oil, and many brands could benefit from it.

The rise of online shopping has increased accessibility, allowing small and medium producers to reach global audiences.

The trend that has affected the Argan Oil Market is e-commerce; essentially, it has opened up a vast opportunity for producers, small and medium-sized, to sell directly to the end consumer from anywhere in the world. These producers use online shopping forums to reach the consumer directly, hence cutting out the traditional retail shops and increasing their market base within the personal care and wellness markets. This trend is very apparent in the beauty and skincare market, where the customer’s demand for more organic products, such as argan oil, is growing. Social media is also used by brands as a promotional tool and platform for sales of their products, and most products can be found through a simple web search or from affiliated product websites, e-commerce platforms such as Amazon, and even category-specific stores online, such as beauty product stores.

Easy access to food products for purchase through the internet, together with increasing awareness of the health benefits of natural compounds, has seen increased demand for argan oil. Moreover, the opportunities of using a lot of product options and variations and customization methods online allow the consumer to purchase options catering to their desires and needs, enhancing the growth of the Argan Oil Market as well. With the popularity of beauty and wellness products shifting to online channels, the market for argan oil also grows, to the advantage of giant companies and new niche ones that invest in shaping a new niche in the worldwide sector.

Industry Experts Opinion

“Focused on expanding professional salon channels and growing the brand’s international presence. He emphasized the importance of sustainability, including reducing waste and improving energy efficiency in production.”

- Jay Elarar, CEO of Moroccanoil

Segment Analysis

Based on the Product Type, the Argan Oil Market is classified into cosmetic or edible and pharmaceutical grades. Cosmetic grade has the largest market share due to the rising popularity of natural products in the cosmetics industry, which is known for its moisturizing properties, anti-aging, and hair repair. Virgin and natural argan oil intended for use as food has also been consumed in food preparations, especially those from Morocco, as nutraceuticals and nutty flavors for Mediterranean cooking. Recently the extraction of argan oil for medical purposes has increased because of its therapeutic characteristics, also in inflammatory remedies and antioxidants. The cosmetic-grade segment represents the largest share of the global market, as the consumer propensity for personal care products is noticeably higher. Nevertheless, the food and medicinal segments are giving a very high growth rate with the world’s customer focus on knowing health wisdom and combined oil uses.

Based on the Application, the Argan Oil Market is classified into encompassing personal care and cosmetic products, the food sector, medicinal products, and others. Since it is rich in moisture content and is also a natural source of antioxidants, argan oil, in the realm of personal care and cosmetics, is widely appended to skincare solutions, hair care solutions, and anti-aging creams and lotions. Argan oil is used as an edible food ingredient in the food industry and provides nutrition as it also possesses gourmet appeal. It is used in pharmaceuticals for this reason: it has anti-inflammatory and healing features, which are very important in topical application in the treatment of skin diseases. Also, mainly for home use, aromatherapy and home cleaning applications for home mains water are coming up as specialized efforts as people are turning to natural lifestyle solutions. This diverse use is helping the market to grow strong, and people recognize the versatility of argan oil in the market.

Regional Analysis

North America, particularly the United States, has evolved to have the highest market pull for natural and organic beauty and wellness products due to the increasing demand for products that use green and sustainable ingredients such as argan oil. Europe is again in close second place because countries like France and the United Kingdom have realized the potential of argan oil in the beauty products market, especially the nutritional food industry. High appreciation of the oil’s benefits to health and beauty, coupled with the existing outlets and online stores, helps to place the product in these markets. However, the Asia-Pacific region is in the process of becoming an attractive segment, coupled with the desire for natural cosmetic products and elements of the well-being industry. Middle Eastern and African countries, being the native home of argan oil, take a central position not only in the production but also in the domestic markets.

Currently, the Asia-Pacific region is critical to the argan oil market sales because of the growing demand for natural beauty and well-being products. Thanks to higher disposable income, enhanced standard of living, and increasing population of the buyer group in the globalizing world, especially in the developed countries along with the developing ones like China, India, and Japan, the consumption tendency has shifted towards more natural products like organic skin care products like argan oil. There is a new emerging trend in the region following the increased adoption of Western beauty standards, especially for skincare and hair care products. Besides, many consumers are now searching for organic ingredients and products related to health and beauty, and with the development of convenient and efficient Internet sales channels, the market is stimulated more. There is no doubt that the population of the region is in dire need of quality and organic products, and therefore, the demand for argan oil is projected to rise at a fast pace in the next few years.

Competitive Landscape

The Argan Oil Market consists of a few large players, such as OLVEA Morocco, Arganbulk, Argane Aouzac, and Zineglob Ltd., and various small but upcoming brands for specific segments. Some of the competitive factors that are evident in these industries include quality, environmental management practices, company reputation or image, and place. The call for more organic and fair-trade-certified products is another clear and major cornerstone, with many of the market leaders stressing the aspects of sustainability and responsible sourcing.

The improved technology of packaging and product development, like that of satisfying different customer tastes through the production of blends and new forms of delivery systems, has amazingly improved the performances of firms. The increasing popularity of online trading also influences competitive strategies since small and mid-size brands can effectively expand their geography of sales. With a new trend in the post-surgery and hormone-free beauty niche, many firms are also expanding their promotion initiatives to emphasize the constructive properties of argan oil.

Argan Oil Market, Company Shares Analysis, 2024

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Recent Developments:

• In February 2024, ARGANBULK secured a partnership with a major European distributor to expand its reach in the skincare market. This collaboration is designed to increase the company’s export volumes by 20%, reinforcing its position as a leading bulk supplier of premium argan oil.
• In August 2023, Argan Diva introduced a new line of argan oil-infused hair care products, aiming to strengthen its presence in the organic beauty market. This launch is part of their strategy to diversify their product range and cater to a broader audience seeking natural hair solutions.
• In June 2023, Josie Maran Cosmetics celebrated its 15th anniversary by launching a limited edition of argan oil products, enhancing its brand recognition and loyalty among consumers. This special release not only commemorates the company’s longevity but also underscores its commitment to high-quality, eco-friendly beauty products.

Report Coverage:

By Product Type

• Cosmetic-Grade Argan Oil
• Food-Grade Argan Oil
• Medicinal-grade Argan Oil

By Extraction Method

• Cold Pressed
• Solvent Extraction

By Application

• Cosmetics & Personal Care
  • Hair Care
  • Skin Care
  • Makeup
• Food & Beverages
  • Culinary Oils
  • Nutritional Supplements
• Pharmaceuticals
• Other

By Distribution Channel

• Online Retail
• Offline Retail
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Pharmacies
  • Beauty Salons and Spas

By Region

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Singapore
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC Countries
• South Africa
• Rest of Middle East & Africa

List of Companies:

• OLVEA Morocco
• Zineglob Ltd.
• Arganbulk
• Argane Aouzac
• Arganfarm SARL AU
• ARGANisme
• Kamakhya Bottlers
• Konouz Rayyan (Purus International)
• Lipidine
• Malakbio
• Organica Group Ltd.
• Zidrop Argan Oil
• Bios Agadir
• Pura D'or
• Cococare

Frequently Asked Questions (FAQs)