FACT.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Argan Oil Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global argan oil market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2017 to 2022.
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Key Projections for the Global Argan Oil Market
1- By form type, absolute argan oil is estimated to remain preferred in the global market. Revenues from sales of absolute argan oil are anticipated to account for more than one-third market share throughout the forecast period.
2- Argan oil blends are projected to remain the second most lucrative form of argan oil. Sales of argan oil blends and absolute argan oil are expected to exhibit a parallel expansion at similar CAGRs through 2022.
3- Natural argan oil will remain sought-after in the market among consumers. Sales of natural argan oil are expected to hold nearly three-fourth revenue share of the market during the forecast period.
4- Demand for organic argan oil is expected to remain comparatively lower than that for natural argan oil during 2017 to 2022.
5- Argan oil are expected to witness the largest application in food & beverages, with sales expected to reach nearly US$ 1,600 Mn in revenues by 2022-end.
6- Aromatherapy will remain the second largest application of argan oil.
7- Argan oil sales for application in fragrances will continue to exhibit a sluggish expansion through 2022.
8- Europe will remain dominant in the global market for argan oil, with sales projected to register the fastest expansion through 2022.
9- North America is estimated to remain the second most lucrative market for argan oil.
10- The argan oil market in Middle East & Africa (MEA) will register a sluggish growth throughout the forecast period.
11- The market for argan oil in Asia-Pacific excluding Japan (APEJ) will continue to exhibit a moderate growth through 2022.
12- Argan oil sales in online distribution channel are expected to register the fastest expansion through 2022.
13- Argan oil sales in specialty stores are anticipated to reflect the lowest CAGR during 2017 to 2022. However, specialty stores are projected to remain the second most lucrative distribution channel for argan oil.
14- Modern trade is anticipated to remain dominant distribution channel in the global argan oil market.
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