Almond Oil Market Analysis by Trends and Forecast 2024

Global almond oil market is growing rapidly, mainly due to the rising usages of oil in cosmetics and personal care industries. Due to its high nutritional values, taste, and health benefits, almond oil is also used in medicines indicated to treat body and skin inflammation and regulate cholesterol. Resultantly, the almond oil market is garnering exponential traction, witnessing a massive consumption and demand across the globe.

According to Market Research Future (MRFR), the global Almond Oil Market Analysis is projected to reach USD 1.2 BN by 2024. In its COVID-19 Analysis of the market, MRFR also asserts that the almond oil market would register a 6.0% CAGR during the assessment period (2019- 2024). Substantial investments made by industry players to improve extraction techniques play a causal role in market development, improving the quality of the oil.

Food and beverage is the second-largest end-use industry of almond oil after personal care products. Increase in the almond-based food products boosts the growth of the market.  Rising consumption of almond oil in nutraceuticals and health supplements acts as a significant tailwind for the market increase. Rise in the global population and economy are some of the major factors triggering the growth of the global almond oil market.

Additionally, the growing production of almonds due to the increasing government initiatives and the adoption of genetically modified seeds to increase yield is positively impacting the market growth. Besides, massive consumption of almond powder residue after oil extraction in animal feed is expected to lead to the growth of the market in the future.

Global Almond Oil Market   – Segments

The report is segmented into four dynamics;

By Type                  : Bitter and Sweet.

By Process            : Cold Press and Hot Press.

By Application     : Food & Beverage, Cosmetics & Personal Care, and others.

By Regions            : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.

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Global Almond Oil Market   – Regional Analysis

North America dominates the global almond oil market. The largest market share attributes to the increasing awareness among consumers about the goodness of almond oil and the growing demand for natural and highly nutritious ingredients. Industry players operating in the region are increasingly focusing on the manufacturing and distribution channels to making almond accessible to customers across the globe.

The US and Canada are among the major markets contributing to the regional market growth. The North American almond oil market is estimated to retain its dominance over the global market throughout the assessment period.

The Asia Pacific region accounts for a significant share in the global almond oil market. This growth of the market attributes to the growing demand from the cosmetics & personal care and food & beverage industry. India is the next largest exporter of almond oil after China. The nation is also working on increasing the almond oil production by expanding the area and yield.

While the area expansion is achieved through crop diversification in the grain mono-cropping area, yield increase is obtained by adopting advanced technology. The APAC almond oil market is expected to register the highest CAGR during the forecast period.

Global Almond Oil Market   – Competitive Analysis

Highly competitive, the global almond oil market appears fragmented, with several well-established players forming a competitive landscape. To gain a larger competitive share in the market, strategic initiatives such as mergers & acquisitions, partnerships, collaboration, product launch, and expansion remain the key trends of these fervent players.

Manufacturers operating in end-use markets are increasingly focusing on their research and development activities to launch new and innovative products containing almond oil. They make substantial investments to drive RD activities for advent derivation techniques or advance their current extracting technologies. They also invest heavily to expand their footprints in the global market by forming a strategic partnership or collaboration with distributors.

Major Players:

Players leading the global almond oil market include Proteco Oils (Australia), Florapower GmbH & Co. KG (Germany), Eden Botanicals (US), Caloy, Inc. (US), Henry Lamotte Oils GmbH (Germany), Jiangxi Baicao Pharmaceutical Co., Ltd (China), Liberty Vegetable Oil Company (US), AOS Product Pvt. Ltd. (India), Ashwin fine Chemicals & Pharmaceuticals (India), California Nut Oil Milling Company (US), Gustav Heess Oleochemische Erzeugnisse GmbH (Germany), Parchem Fine and Specialty Chemicals, Inc. (US), Sydney Essential Oil Co. (Australia), ConnOils LLC (US), and Bo International (India), among others.

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Industry/ Innovation/ Related News

June 22, 2020 —- The Bombay Stock Exchange (BSE – India) introduced unique contracts on almonds in the commodity derivatives segment. Unique in a true sense, the move is on the back of BSE’s successful launch of contract on spot gold prices. BSE further plans to consolidate its position in the commodity derivatives segment with a set of new contracts.

India has emerged as one of the top importers of almonds in the world. While California almonds have more than 75 %t market share, as much as 18 percent comes from Australia. Although the almond market is small, BSE looks for hedging from importers and consumers. The crop is in the farming stage and would reach the market by the end of September 2020 when the festive season starts in the country.

Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Shoe Care Products Market Analysis by Trends and Forecast to 2024

Overview:

Shoe plays a crucial role in daily lives and its importance has been growing with the rapid urbanization and intensifying industrialization. Its application not just limits itself to take care of the feet and protect it from external disturbances, but a good shoe is also important to maintain the posture and keep the spine in a perfect shape. Hence, the demand for good shoes is growing, and in sync is surging the need for shoe care products. This is ensuring steady hike in the global Shoe Care Products Market Analysis, which would fetch a CAGR of 4.6% at the end of the forecast period of 2019 to 2024. Market Research Future (MRFR) makes a prediction in the report where it declares the possibility of reaching the valuation of USD 6.13 billion by the end of 2024 is quite high.

The global market for shoe care products witnesses an astonishing growth due to the rising disposable income and better focus on trends that are making an impact. Apart from this, the shoes-related to factories also require special attention to make them long-lasting. These factors, along with new innovations, can spur the global market for shoe care products growth.

Segmentation:

The market for global shoe care products has been analyzed by MRFR based on an intense study that covered diverse aspects. Factors have been well-covered in the market to produce a holistic picture of the market. These segments are based on type and distribution channel.

By type, the close study of the market for shoe care products can be segmented into brushes & buffing cloths, protection sprays, waxes & liquids, polishing creams, colors & dyes, and others.

By Distribution channel, the report of the market for global shoe care products focuses on distribution channel, store-based, and non-store-based. The store-based segment includes supermarkets & hypermarkets, specialty stores, and others.

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Regional Analysis:

The global market study for shoe care products includes several regions to discuss various details in the report. The regions are North America and Europe that are expected to gain substantially, the Asia-Pacific that shows potential of strong growth, and the Rest-of-the-World (RoW) would register a moderate growth.

The European market has the potential to dominate the global market in terms of revenue in the coming years. At present, their growth is banking more on opulent lifestyles, inclusion of diverse trends in footwear fashion, and better spending capacity of the people.

The APAC region is expected to make strong growth due to the hike in disposable income owing to which the vast populace are looking for top-class shoes. Also, various brands are making a foray into the region to make an impact on the regional market and maximize their profits.

Competitive Landscape:

Companies taking strong stand in the global shoe care products market are numerous. Their intent is to make a solid foothold for themselves and improve market conditions so that the market can thrive in the coming years. MRFR selected a few who are letting their presence felt in the market with their innovations, merger, and other tactical moves. These companies are Salzenbrodt GmbH & Co. KG (Germany), Cadillac Shoe Products Inc (US), Penguin Brands Inc. (US), Angelus Direct (US), C.P. Marketing Inc. (India), Tarrago Brands International (Spain), Charles Clinkard (UK), Granger’s International Limited (UK), U.S. Continental Marketing Inc. (US), Energizer Brands, LLC (US), Griffin Shoe Care (US), S.C. Johnson & Son (US), Allen Edmonds Corporation (US), Harry Hoffman Company (US), and C.A. Zoes Mfg Co (US).

Recent growth in the show care products market is quite enthralling as people are now investing more for shoes and that is why they prefer to maintain it for a longer period. Various manufacturers are coming up with products that are showing substantial promise in making these shoes more durable. For instance, Maximilian has recently launched a shoe care kit that would be handy in such instances. The kit would include a shining cloth, horsehair brushes, a wooden shoehorn, neutral and black polish, and the company provides lifetime warranty.

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Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact

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Pune – 411028

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Sports Equipment Market Analysis by Key Players, Trends and Forecasts 2024

The global sports equipment market is expected to exhibit a steady 3.2% CAGR over the forecast period from 2019 to 2024, according to the latest research report from Market Research Future (MRFR). The global sports equipment market is studied in detail in the report, which provides readers a clear view into the historical growth trajectory of the market as well as studied forecasts regarding the probable future growth trajectory of the market. The major players in the market are also studied in the report, in addition to the major drivers and restraints affecting the market growth.

The global Sports Equipment Market Analysis is mainly driven by the increasing interest in active lifestyles among consumers. Many consumers around the world are picking up sports as a way to stay healthy and fit, leading to a growing demand from the sports equipment market. Sports that require minimal equipment, such as football, tennis, and badminton are becoming increasingly popular in several parts of the world. This is a major driver for the sports equipment market.

The increasing development of better sports equipment is likely to be a major driver for the global sports equipment market over the forecast period. While sports implements have traditionally been made by hand, the advent of machines and industrial manufacturing has served to elevate the quality of the products produced in the global market. Increasing research into the materials used to produce sports equipment has also resulted in the development of hybrid materials and manufacturing techniques that allow for the production of stronger, more capable sports equipment. This has been a major driver for the sports equipment market over the historical review period. On the other hand, the increasing presence of counterfeiters in the sports equipment market is likely to be a key market restraint in the coming years. High-volume markets such as Asia Pacific are a promising environment for counterfeiters, as government regulation is lax and consumer awareness is also not as high as in North America or Europe.

Competitive Analysis:

Leading players in the global sports equipment market include Kering S.A., Nike Inc., ANTA Sports Products Limited, Adidas AG, Quicksilver Inc., Callaway Golf Company, Sports Direct International plc, BPS Direct LLC, Shenzhen Taishan Sports Technology Co. Ltd., Globeride Inc., Mizuno Corporation, Yonex Co. Ltd., Black Diamond Equipment Ltd., New Balance Athletics Inc., and Daei Sportswear and Equipment.

In September 2019, Barstool Sports implemented Yamaha’s UC conferencing equipment as part of a partnership between the two companies.

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Segmentation:

The global sports equipment market is segmented on the basis of type, distribution channel, and region.

By type, the sports equipment market is segmented into balls, sticks, bats and clubs, nets and goalposts, sports gear, and others. The balls segment is the leading revenue generator in the global sports equipment market and is likely to remain the leading segment in the coming years due to the integral role of balls in any sport.

By distribution channel, the global sports equipment market is segmented into store-based and non-store based. The traditional store-based distribution dominates the global sports equipment market at present. However, the non-store based segment is growing quickly and is expected to exhibit a higher growth rate over the forecast period from 2019 to 2024. The increasing availability of better customer care and the option to return and replace items in online shopping portals is likely to be the major driver for the non-store based segment over the forecast period.

Regional Analysis:

North America is the dominant revenue generator in the global sports equipment market, followed by Asia Pacific. The high volume of sports enthusiasts in North America is a major driver for the global sports equipment market. In addition, the strong presence of licensing requirements and regulations also drives up the market for sports equipment in North America. While the market in Asia Pacific is comparable to or even larger than North America in terms of consumer numbers, a large part of the sports equipment sales in Asia Pacific are unlicensed, leading to a loss for authorized sports equipment market players.

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Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com