Argan Oil Market by Preparation Method, Form, Grade, End User, Geography, Competitive Analysis
Global argan oil market is growing continually, witnessing a rising demand. Market growth attributes to the increasing consumption of argan oil in cosmetics and personal care industries. Besides, factors such as increasing awareness for health benefits that argan oil offers and rising beauty consciousness among consumers boost the growth of the market. Moreover, growing usages of argan oil in many baked products, frozen desserts, and sweet & savory snacks escalate the market growth. Market Research Future (MRFR), in its recent report on COVID-19 impacts on the global argan oil market , states that the market is estimated to reach USD 676.51 MN by 2024. In its COVID-19 analysis, MRFR also asserts that the global argan oil market would register 7.1% CAGR during the forecast period (2019 -2024). Argan oil is extensively used in food and beverages to add flavor. Increasing consumer preference for flavored food items is propelling the market growth excellently. Argan oil posses...