Global Morocco Argan Oil Market Size study, by Type (Natural, Organic), by Form (Absolute, Blend, Concentrate), and Regional Forecasts 2022-2032

Description

Global Morocco Argan Oil Market is valued at approximately USD 180.09 million in 2023 and is anticipated to grow with a staggering compound annual growth rate of 20.70% during the forecast period 2024-2032. Sourced from the kernels of the Moroccan argan tree, argan oil has transitioned from a local staple in North African beauty and wellness rituals into a globally coveted commodity in personal care, pharmaceuticals, and food industries. The oil's unique blend of essential fatty acids, antioxidants, and vitamin E imparts regenerative and anti-inflammatory properties, making it a prized ingredient for both therapeutic and cosmetic formulations. This evolution reflects the growing consumer appetite for premium, natural-origin products and the increasing pivot of industries toward sustainable sourcing and organic labeling practices.

The market's growth is strongly catalyzed by the surging demand for clean-label, chemical-free personal care products across the globe. Argan oil is now being integrated into skincare serums, shampoos, anti-aging creams, and massage oils, offering a luxurious appeal while fulfilling functional roles like moisturization, anti-acne, and hair strengthening. In the culinary space, particularly in gourmet and health-conscious segments, the oil's nutty flavor and cholesterol-lowering properties have captured attention, further expanding its consumer base. Simultaneously, the rising popularity of argan-based nutraceuticals and cosmeceuticals is propelling demand through online platforms and specialty retail chains.

Nonetheless, the market faces certain complexities that could impede seamless scalability. The labor-intensive nature of argan oil extraction, which often relies on traditional hand-processing methods, limits output volume. Additionally, concerns around price volatility due to limited geographic availability and occasional climate-induced supply disruptions pose commercial risks. However, the emergence of women-led argan cooperatives in Morocco, supported by NGOs and ethical sourcing frameworks, is mitigating these constraints by improving supply chain resilience and transparency. Moreover, certifications such as USDA Organic and Ecocert are playing a pivotal role in establishing product integrity in competitive global markets.

Regionally, Europe leads the global consumption of Morocco argan oil, driven by the maturity of the natural cosmetics industry and robust regulations encouraging the use of botanical and organic raw materials. North America follows closely, with consumers increasingly adopting essential oil-based skincare and wellness routines. The Asia Pacific region, meanwhile, is experiencing exponential demand growth, especially in countries like Japan, South Korea, and China-where the confluence of beauty innovation and traditional medicine creates fertile ground for argan oil's application. Latin America and the Middle East & Africa are also emerging as strategic growth corridors, fueled by rising urbanization, disposable income, and a shifting inclination toward ethically sourced personal care solutions.

Major market player included in this report are:

Arganisme Cosmetics S.A.R.L
OLVEA Morocco
Biopur Sarl
Nadifi Argan Co.
ZineGlob
Organica Group Ltd.
Purus International
Malak Bio
Sidi Yassine
Brenntag AG
Frontier Co-op
John Masters Organics Inc.
Now Foods
L'Oreal S.A.
Croda International Plc

The detailed segments and sub-segments of the market are explained below:

By Type

Natural
Organic

By Form

Absolute
Blend
Concentrate

By Application

Personal Care & Cosmetics
Food & Culinary
Pharmaceuticals
Others

By Distribution Channel

Online
Offline

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Morocco Argan Oil Market Executive Summary

1.1. Global Morocco Argan Oil Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Form
- 1.3.3. By Application
- 1.3.4. By Distribution Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Morocco Argan Oil Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Morocco Argan Oil Market Dynamics

3.1. Market Drivers
- 3.1.1. Escalating Demand for Clean Label Personal Care Products
- 3.1.2. Surging Adoption in Gourmet and Nutraceutical Segments
- 3.1.3. Expansion of Online and Specialty Retail Channels
3.2. Market Challenges
- 3.2.1. Labor Intensive Extraction Methods Limiting Output
- 3.2.2. Price Volatility and Climate Induced Supply Disruptions
3.3. Market Opportunities
- 3.3.1. Emergence of Women Led Cooperatives Strengthening Supply
- 3.3.2. Premiumization via Organic and Ethical Certifications
- 3.3.3. Diversification into Cosmeceutical and Pharmaceutical Applications

Chapter 4. Global Morocco Argan Oil Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Morocco Argan Oil Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Morocco Argan Oil Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Natural
- 5.2.2. Organic

Chapter 6. Global Morocco Argan Oil Market Size & Forecasts by Form 2022-2032

6.1. Segment Dashboard
6.2. Global Morocco Argan Oil Market: Form Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Absolute
- 6.2.2. Blend
- 6.2.3. Concentrate

Chapter 7. Global Morocco Argan Oil Market Size & Forecasts by Application 2022-2032

7.1. Segment Dashboard
7.2. Global Morocco Argan Oil Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Personal Care & Cosmetics
- 7.2.2. Food & Culinary
- 7.2.3. Pharmaceuticals
- 7.2.4. Others

Chapter 8. Global Morocco Argan Oil Market Size & Forecasts by Distribution Channel 2022-2032

8.1. Segment Dashboard
8.2. Global Morocco Argan Oil Market: Distribution Channel Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 8.2.1. Online
- 8.2.2. Offline

Chapter 9. Global Morocco Argan Oil Market Size & Forecasts by Region 2022-2032

9.1. North America Argan Oil Market
- 9.1.1. U.S. Argan Oil Market
  - 9.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 9.1.1.2. Form breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Argan Oil Market
9.2. Europe Argan Oil Market
- 9.2.1. UK Argan Oil Market
- 9.2.2. Germany Argan Oil Market
- 9.2.3. France Argan Oil Market
- 9.2.4. Spain Argan Oil Market
- 9.2.5. Italy Argan Oil Market
- 9.2.6. Rest of Europe Argan Oil Market
9.3. Asia Pacific Argan Oil Market
- 9.3.1. China Argan Oil Market
- 9.3.2. India Argan Oil Market
- 9.3.3. Japan Argan Oil Market
- 9.3.4. Australia Argan Oil Market
- 9.3.5. South Korea Argan Oil Market
- 9.3.6. Rest of Asia Pacific Argan Oil Market
9.4. Latin America Argan Oil Market
- 9.4.1. Brazil Argan Oil Market
- 9.4.2. Mexico Argan Oil Market
- 9.4.3. Rest of Latin America Argan Oil Market
9.5. Middle East & Africa Argan Oil Market
- 9.5.1. Saudi Arabia Argan Oil Market
- 9.5.2. South Africa Argan Oil Market
- 9.5.3. Rest of Middle East & Africa Argan Oil Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Arganisme Cosmetics S.A.R.L
- 10.1.2. OLVEA Morocco
- 10.1.3. Biopur Sarl
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Arganisme Cosmetics S.A.R.L
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. OLVEA Morocco
- 10.3.3. Biopur Sarl
- 10.3.4. Nadifi Argan Co.
- 10.3.5. ZineGlob
- 10.3.6. Organica Group Ltd.
- 10.3.7. Purus International
- 10.3.8. Malak Bio
- 10.3.9. Sidi Yassine
- 10.3.10. Brenntag AG
- 10.3.11. Frontier Co op
- 10.3.12. John Masters Organics Inc.
- 10.3.13. Now Foods
- 10.3.14. L'Oreal S.A.
- 10.3.15. Croda International Plc

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes