Almond Oil Market Projected to Hit USD 7.75 Billion by 2032, Growing at 12% CAGR

Almond Oil Market Size is expected to reach USD 7.75 billion by 2032. The industry is undergoing a transformation driven by increasing demand for durable, high-performance industrial components across various sectors.

Market to Hit USD 7.75 Bn by 2032

The Almond Oil Market size was valued at USD 3.13 Billion in 2024 and the total Almond Oil revenue is expected to grow at a CAGR of 12% from 2025 to 2032, reaching nearly USD 7.75 Billion. In 2024, Almond Oil Market Size was valued at approximately USD 671 million in North America and its Market share of 23.6%. Also, in Europe held a market share of 36% in the same year, equating to revenues of USD 1071 million in 2024.

Almond Oil Market Dynamics

Rising health awareness and demand for natural, GMO-free products are driving the almond oil industry in that direction. Lifestyle changes, increasing wages, and rigorous legislation in favor of organic ingredients drive demand, particularly in growing economies such as India and China.  The nutritional benefits of almond oil, as well as its application in cosmetics and aromatherapy, help to drive market growth.

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Leading market Players Fueling Industry Evolution

AOS Products Private Limited, Ashwin Fine Chemicals & Pharmaceuticals and Blue Diamond Growers, Inc. are prominent players in the global almond oil market.

Sweet is dominated by Product segment in terms of value, in 2024

This Sweet dominates the Almond Oil Market which the segment’s value at USD 2.1 billion holding 67% of market share in 2024. Almond-derived oils are an excellent source of copper, magnesium, phosphorus, and vitamin E. It is also rich in antioxidants that help boost the immune system and have anti-inflammatory properties.

Personal care is dominated by Application segment in terms of value, in 2024

This Personal care dominates the Almond Oil Market which the segment’s value at USD 1.22 billion holding 39% of market share in 2024. With rising demand for nutritious and healthy food ingredients, as well as increased consumer adoption of healthy lifestyles, leading manufacturers are adopting market tactics such as new product releases and innovation.

Europe is estimated to be the largest dominating region in terms of value, during the forecast period

This is the largest region in Almond Oil Market which the valued at approximately USD 1071 million in Europe and its Market share of 36% in 2024. It leads due to strong demand for natural products, a mature cosmetics industry, strict regulations favoring organic ingredients, high consumer spending, and growing preference for plant-based, premium personal care solutions.

Asia Pacific is estimated to be the Second-largest dominating region in terms of value, during the forecast period

This is the Second-largest region in Almond Oil Market which the valued at approximately USD 995.5 million in Asia Pacific and its Market share of 35% in 2024. It leads due to rising health awareness, growing disposable income, and strong cultural use in traditional medicine. Expanding e-commerce, beauty trends, and supportive regulations further boost regional demand.

Almond Oil Market Competitive Landscape

AOS Products Private Limited: AOS Products is a leading Indian company that specializes in natural essential oils, carrier oils, and herbal extracts, such as almond oil. This company generated USD 19.3 million in revenue in 2024.

Blue Diamond Growers, Inc.: Blue Diamond collaborated with Japan’s Kagome Co. to develop the Almond Breeze® brand in the Japanese market, debuting new goods in September 2024. This company earned USD 1.3 billion in revenue in 2024.

Ashwin Fine Chemicals & Pharmaceuticals: Ashwin Fine Chemicals & Pharmaceuticals holds GMP certifications (Schedule M & T) from the Maharashtra Food & Drug Administration, demonstrating its dedication to quality and compliance. The company serves both domestic and foreign markets, emphasizing customer happiness and product efficacy.

Emerging Trends in the Almond Oil Market

• The almond oil market is expanding rapidly, driven by demand for natural and organic goods in personal care and wellness.
• AOS Products specializes on organic, cold-pressed oils with environmentally friendly packaging, whereas Ashwin Fine Chemicals uses Ayurvedic expertise to provide medicinal and cosmetic solutions.
• Blue Diamond Growers caters to the luxury category with pure sweet almond oil for skin and hair care. Overall, significant rising trends include innovation, sustainability, and product variety.

Conclusion

• Almond oil market is predicted to grow rapidly, reaching USD 7.75 billion by 2032, owing to increased health awareness, desire for organic products, and a wide range of personal care and wellness applications.
• Key firms such as AOS Products, Ashwin Fine Chemicals, and Blue Diamond Growers are driving the industry’s progress through innovation and strategic growth.
• Sweet almond oil and personal care applications are driving the market, and regions such as Europe and Asia Pacific will continue to dominate due to positive consumer trends and regulatory conditions.

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