Apricot Oil Market Size, Share & Trend Analysis Report By Application (Food & Beverage, Pharmaceutical, Cosmetics, Healthcare), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

PUBLISHED: July 15, 2024

PAGES: 100 Pages

DELIVERY TIME: 2-10 business days

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The global apricot oil market size is anticipated to reach USD 2,865.7 million by 2030 and is projected to grow at a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is being driven by several key factors. The market for apricot oil is being primarily driven by the increasing demand for natural and organic skincare and haircare products. Apricot oil is rich in vitamins and minerals, making it a popular ingredient in cosmetics due to its nourishing and moisturizing properties. Consumers are increasingly seeking natural alternatives to synthetic ingredients, and apricot oil fits this demand as a botanical extract with various beneficial properties for skincare and haircare. This trend is supported by the growing awareness of the potential harmful effects of chemicals found in many conventional beauty products, leading consumers to opt for natural and organic alternatives like apricot oil.

The rise in the popularity of wellness and self-care practices is also contributing to the market growth. As individuals become more conscious about taking care of their overall well-being, the demand for natural and holistic products, including apricot oil, has surged. The oil is considered beneficial for aromatherapy and massage due to its light texture and mild aroma, adding to its appeal in the wellness industry. Additionally, the increased focus on holistic health and wellness has driven the demand for apricot oil as a dietary supplement, as it is rich in essential fatty acids and has potential health benefits when consumed orally.

The expanding application of apricot oil in the food and beverage industry is also propelling market growth. With its light flavor and high smoke point, apricot oil is being used as a healthy cooking oil and in the production of various food products. Its nutritional profile and potential health benefits have garnered attention among health-conscious consumers, leading to its incorporation into a range of food and beverage offerings. As a result, the diverse applications of apricot oil across multiple industries are playing a significant role in driving its market growth.

Apricot Oil Market Report Highlights:

Based on application, the cosmetics segment led the market with the largest revenue share of 40.20% in 2023. Apricot oil's rich composition of vitamins and minerals makes it a sought-after ingredient by beauty and cosmetic companies looking to meet the growing demand for clean, plant-based formulations. Its moisturizing and nourishing properties make it a popular choice in various cosmetics such as creams, lotions, serums, and hair care products. As consumers continue to prioritize health and wellness through their beauty routines, the natural benefits of apricot oil have propelled its prominence in the cosmetics industry, driving a significant share of global revenues in 2023
Based on distribution channel, the online distribution segment is anticipated to grow at the fastest CAGR of 6.1% from 2024 to 2030. The increasing consumer preference for convenience, variety, and accessibility offered by online shopping. As e-commerce platforms continue to expand and improve their offerings, consumers are increasingly inclined to purchase products, including apricot oil, through online channels due to the convenience of doorstep delivery, a wide range of product options, and the ability to compare prices and read reviews. This shift in consumer behavior is expected to drive sustained growth in online sales of apricot oil over the forecast period
The apricot market in Asia Pacific accounted for revenue share of 30.25% in 2023. It is primarily due to the region's large population, increasing consumer awareness about health and wellness, and the growing utilization of apricots in various culinary and cosmetic applications. In addition, the rising disposable incomes in several countries within the region have led to greater consumer spending on premium and healthy products, further fueling the demand for apricots and apricot-based products

Product Code: GVR-4-68040-343-3

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segmental Outlook
2.3. Regional Outlook

Chapter 3. Apricot Oil Market Variables, Trends & Scope

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Raw Application Outlook
- 3.2.2. Manufacturing & Technology Outlook
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
3.4. Industry Analysis
- 3.4.1. Porter's Five Forces Analysis
- 3.4.2. PESTEL Analysis
3.5. Market Entry Strategy

Chapter 4. Apricot Oil Market: Application Estimates & Trend Analysis

4.1. Source Movement Analysis & Market Share, 2023 & 2030
4.2. Food & Beverage
- 4.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.3. Pharmaceutical
- 4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.4. Cosmetics
- 4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.5. Healthcare
- 4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.6. Others
- 4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 5. Apricot Oil Market: Distribution Channel Estimates & Trend Analysis

5.1. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
5.2. Online
5.3. Offline

Chapter 6. Apricot Oil Market: Regional Estimates & Trend Analysis

6.1. Regional Movement Analysis & Market Share, 2023 & 2030
6.2. North America
- 6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
  - 6.2.2.1. Key country dynamics
  - 6.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.2.3. Canada
  - 6.2.3.1. Key country dynamics
  - 6.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3. Europe
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Germany
  - 6.3.2.1. Key country dynamics
  - 6.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.3. UK
  - 6.3.3.1. Key country dynamics
  - 6.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.4. Spain
  - 6.3.4.1. Key country dynamics
  - 6.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.5. Italy
  - 6.3.5.1. Key country dynamics
  - 6.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.6. France
  - 6.3.6.1. Key country dynamics
  - 6.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4. Asia Pacific
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.2. China
  - 6.4.2.1. Key country dynamics
  - 6.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.3. India
  - 6.4.3.1. Key country dynamics
  - 6.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.4. Japan
  - 6.4.4.1. Key country dynamics
  - 6.4.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
  - 6.4.5.1. Key country dynamics
  - 6.4.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.6. Australia
  - 6.4.6.1. Key country dynamics
  - 6.4.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5. Central & South America
- 6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
  - 6.5.2.1. Key country dynamics
  - 6.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
6.6. Middle East & Africa
- 6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.6.2. South Africa
  - 6.6.2.1. Key country dynamics
  - 6.6.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.6.3. Saudi Arabia
  - 6.6.3.1. Key country dynamics
  - 6.6.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 7. Competitive Analysis

7.1. Recent developments & impact analysis, by key market participants
7.2. Company Categorization
7.3. Participant's Overview
7.4. Financial Performance
7.5. Form Benchmarking
7.6. Company Market Share Analysis, 2023 (%)
7.7. Company Heat Map Analysis
7.8. Strategy Mapping
7.9. Company Profiles
- 7.9.1. Greenwood Essencial
  - 7.9.1.1. Company Overview
  - 7.9.1.2. Financial Performance
  - 7.9.1.3. Form Portfolios
  - 7.9.1.4. Strategic Initiatives
- 7.9.2. Forest Essentials
  - 7.9.2.1. Company Overview
  - 7.9.2.2. Financial Performance
  - 7.9.2.3. Form Portfolios
  - 7.9.2.4. Strategic Initiatives
- 7.9.3. Now Foods
  - 7.9.3.1. Company Overview
  - 7.9.3.2. Financial Performance
  - 7.9.3.3. Form Portfolios
  - 7.9.3.4. Strategic Initiatives
- 7.9.4. AMD Oil Sales LLC.
  - 7.9.4.1. Company Overview
  - 7.9.4.2. Financial Performance
  - 7.9.4.3. Form Portfolios
  - 7.9.4.4. Strategic Initiatives
- 7.9.5. Frontier Natural Products Co-op
  - 7.9.5.1. Company Overview
  - 7.9.5.2. Financial Performance
  - 7.9.5.3. Form Portfolios
  - 7.9.5.4. Strategic Initiatives
- 7.9.6. Aura Cacia
  - 7.9.6.1. Company Overview
  - 7.9.6.2. Financial Performance
  - 7.9.6.3. Form Portfolios
  - 7.9.6.4. Strategic Initiatives
- 7.9.7. Life-Flo
  - 7.9.7.1. Company Overview
  - 7.9.7.2. Financial Performance
  - 7.9.7.3. Form Portfolios
  - 7.9.7.4. Strategic Initiatives
- 7.9.8. Nature's Alchemy
  - 7.9.8.1. Company Overview
  - 7.9.8.2. Financial Performance
  - 7.9.8.3. Form Portfolios
  - 7.9.8.4. Strategic Initiatives
- 7.9.9. Starwest Botanicals
  - 7.9.9.1. Company Overview
  - 7.9.9.2. Financial Performance
  - 7.9.9.3. Form Portfolios
  - 7.9.9.4. Strategic Initiatives
- 7.9.10. Hobe Labs
  - 7.9.10.1. Company Overview
  - 7.9.10.2. Financial Performance
  - 7.9.10.3. Form Portfolios
  - 7.9.10.4. Strategic Initiatives

Product Code: GVR-4-68040-343-3

List of Tables

Table 1. Apricot oil market - Key market driver analysis
Table 2. Apricot oil market - Key market restraint analysis
Table 3. Apricot oil market estimates and forecast, by food & beverage, 2018 - 2030 (USD Million)
Table 4. Apricot oil market estimates and forecast, by pharmaceutical, 2018 - 2030 (USD Million)
Table 5. Apricot oil market estimates and forecast, by cosmetics, 2018 - 2030 (USD Million)
Table 6. Apricot oil market estimates and forecast, by healthcare, 2018 - 2030 (USD Million)
Table 7. Apricot oil market estimates and forecast, by others, 2018 - 2030 (USD Million)
Table 8. Apricot oil market estimates and forecast through online, 2018 - 2030 (USD Million)
Table 9. Apricot oil market estimates and forecast through offline, 2018 - 2030 (USD Million)
Table 10. North America apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 11. North America apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 12. North America apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 13. U.S. macro-economic outlay
Table 14. U.S. apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 15. U.S. apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 16. U.S. apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 17. Canada macro-economic outlay
Table 18. Canada apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 19. Canada apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 20. Canada apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 21. Europe apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 22. Europe apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 23. Europe apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 24. Germany macro-economic outlay
Table 25. Germany apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 26. Germany apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 27. Germany apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 28. UK macro-economic outlay
Table 29. UK apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 30. UK apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 31. UK apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 32. Spain macro-economic outlay
Table 33. Spain apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 34. Spain apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 35. Spain apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 36. Italy macro-economic outlay
Table 37. Italy apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 38. Italy apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 39. Italy apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 40. France macro-economic outlay
Table 41. France apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 42. France apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 43. France apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 44. Asia Pacific apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 45. Asia Pacific apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 46. Asia Pacific apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 47. China macro-economic outlay
Table 48. China apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 49. China apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 50. China apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 51. India macro-economic outlay
Table 52. India apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 53. India apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 54. India apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 55. Japan macro-economic outlay
Table 56. Japan apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 57. Japan apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 58. Japan apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 59. Australia macro-economic outlay
Table 60. Australia apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 61. Australia apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 62. Australia apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 63. Central & South America apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 64. Central & South America apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 65. Central & South America apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 66. Brazil macro-economic outlay
Table 67. Brazil apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 68. Brazil apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 69. Brazil apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 70. Middle East & Africa apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 71. Middle East & Africa apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 72. Middle East & Africa apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 73. South Africa macro-economic outlay
Table 74. South Africa apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 75. South Africa apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 76. South Africa apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 77. Saudi Arabia macro-economic outlay
Table 78. Saudi Arabia apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Table 79. Saudi Arabia apricot oil market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 80. Saudi Arabia apricot oil market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)

List of Figures

Fig. 1 Apricot oil market snapshot
Fig. 2 Apricot oil market segmentation & scope
Fig. 3 Apricot oil market penetration & growth prospect mapping
Fig. 4 Apricot oil market value chain analysis
Fig. 5 Apricot oil market dynamics
Fig. 6 Apricot oil market Porter's Five Forces analysis
Fig. 7 Apricot oil market: Type movement analysis, 2023 & 2030 (%)
Fig. 8 Apricot oil market: Application movement analysis, 2023 & 2030 (%)
Fig. 9 Apricot oil market estimates and forecast, by food & beverage, 2018 - 2030 (USD Million)
Fig. 10 Apricot oil market estimates and forecast, by pharmaceutical, 2018 - 2030 (USD Million)
Fig. 11 Apricot oil market estimates and forecast, by cosmetics, 2018 - 2030 (USD Million)
Fig. 12 Apricot oil market estimates and forecast, by healthcare, 2018 - 2030 (USD Million)
Fig. 13 Apricot oil market estimates and forecast, by others, 2018 - 2030 (USD Million)
Fig. 14 Apricot oil market: Distribution channel movement analysis, 2023 & 2030 (%)
Fig. 15 Apricot oil market estimates and forecast through online, 2018 - 2030 (USD Million)
Fig. 16 Apricot oil market estimates and forecast through offline, 2018-2030 (USD Million)
Fig. 17 Apricot oil market: Regional movement analysis, 2023 & 2030 (%)
Fig. 18 North America apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 19 U.S. apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 20 Canada apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 21 Europe apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 22 Germany apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 23 UK apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 24 Spain apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 25 Italy apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 26 France apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 27 China apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 28 India apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 29 Japan apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 30 South Korea apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 31 Australia apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 32 Central & South America apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 33 Brazil apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 34 Middle East & Africa apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 35 South Africa apricot oil market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 36 Saudi Arabia apricot oil market estimates and forecast, 2018 - 2030 (USD Million)