Global Apricot Oil Market Size study, by Extraction Method, Grade, Application, Packaging Type and Regional Forecasts 2022-2032

The Global Apricot Oil Market is valued at approximately USD 5.64 billion in 2023 and is projected to grow at a steady compound annual growth rate (CAGR) of more than 4.11% over the forecast period 2024 to 2032. As global consumers continue to align their preferences with clean beauty, natural health, and plant-based nourishment, apricot oil has carved a compelling niche across diverse industries. Extracted primarily from the kernel of apricots, this oil is rich in oleic acid, linoleic acid, and vitamins A and E, lending it significant emollient, antioxidant, and anti-inflammatory properties. These attributes make apricot oil a coveted ingredient across skincare formulations, therapeutic topicals, dietary applications, and even in industrial uses such as lubricants and bio-based solvents.

The market's growth trajectory is being propelled by rising consumer demand for multifunctional oils that blend efficacy with sustainability. Within the skincare and cosmetics segment, apricot oil is increasingly used in serums, lotions, cleansers, and massage oils due to its non-greasy texture and ability to penetrate deeply into the skin. It is also lauded for addressing issues like dryness, aging, and inflammation without synthetic additives. In the food and beverage industry, its delicate aroma and healthy lipid profile are enhancing gourmet culinary oils and functional food blends. Meanwhile, pharmaceutical-grade apricot oil continues to find favor in topical ointments and herbal remedy formulations, especially in regions emphasizing natural healing.

Manufacturers are investing in advanced extraction techniques to ensure purity, potency, and environmental compatibility. Cold pressing and centrifugation are emerging as preferred methods, preserving the bioactive components while meeting clean-label certifications. Additionally, the organic and pharmaceutical-grade variants of apricot oil are experiencing rising traction among premium wellness brands, as consumers increasingly associate such products with traceability, safety, and higher therapeutic value. Sustainable sourcing and eco-conscious packaging-including glass bottles and biodegradable drums-are also becoming major differentiators in this maturing market.

Apricot oil is also seeing wider industrial applications owing to its lubricative consistency, natural origin, and low toxicity. These uses span aromatherapy, spa treatments, nutraceutical blending, and even in green manufacturing formulations. The emergence of small-batch artisanal producers, especially in Mediterranean and Central Asian regions, is adding cultural authenticity and regional differentiation to the market. Social media influencers and holistic health evangelists are further amplifying the oil's value proposition, often showcasing its use in everything from DIY beauty routines to wellness rituals, thereby enhancing consumer engagement and product discovery.

Regionally, North America holds a dominant share in the global apricot oil market due to a robust natural cosmetics sector, well-developed organic food chains, and increasing interest in integrative health solutions. Europe follows closely with demand driven by clean-label skincare trends and aromatherapy culture. The Asia Pacific region is forecasted to experience the fastest CAGR through 2032, supported by traditional Ayurvedic and Chinese medicine systems, rising disposable incomes, and the evolving preferences of younger wellness-focused consumers in countries like India, China, and Japan. Meanwhile, Latin America and the Middle East & Africa are also witnessing increased usage, aided by expanding spa and hospitality sectors and the local abundance of apricot cultivation.

Major market player included in this report are:

• FloraTech
• Now Health Group, Inc.
• Mountain Rose Herbs
• Biopurus Ltd.
• Hain Celestial Group
• Arista Industries, Inc.
• Hallstar Company
• Katyani Exports
• Scatolificio del Garda Srl
• Deve Herbes
• The Jojoba Company
• ConnOils LLC
• Eco Aurous
• Vigon International
• Nature's Absolutes

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

By Extraction Method

• Cold Pressing
• Centrifugation
• Solvent Extraction

By Grade

• Organic
• Conventional
• Pharmaceutical Grade

By Application

• Skincare and Cosmetics
• Pharmaceuticals
• Food and Beverages
• Industrial

By Packaging Type

• Bottles
• Jars
• Drums
• Bulk Packaging

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
• Rest of Latin America
• 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