Almond Oil Market Company Profiles, Demand and Forecast – 2024

Almond oil is extracted from kernels of Prunus Dulcis tree by cold as well as hot press processes. Almond oil contains various vitamins including vitamin E, vitamin A, and vitamin B, and minerals; proteins and omega fatty acids make this oil an all-purpose carrier and essential oil. The demand of pure almond oil is on the rise around the world due to its health benefits and high nutritional value. Thus, these factors are expected to boost market growth during the review period.

Global almond oil market is expected to register a growth rate of 6.0% during the forecast period of 2019 to 2024 to reach USD 1.2 Billion by 2024.

The global almond oil market has been segmented, as per the global almond oil market analysis, based on type, process, and application.

Based on product type, the global almond oil market has been segmented into sweet and bitter. The sweet segment is expected to account for the larger share, and it is also projected to be growing faster than the bitter segment during the review period This oil extracted from sweet almonds is obtained from the tree called Prunus Dulcis, var. Amygdalus.  Sweet almond oil is nutritious and edible as compared to bitter almond oil. In addition, sweet almond oil is used as a carrier or base oil that is obtained from the fatty portion of the almond plant with white flowers. Sweet almond oil does not evaporate or disseminate its aroma as strongly as essential oil does and is also used to dilute essential oils. Bitter almond oil is used as an essential oil in less quantity, as it is highly potent. Bitter almond oil can evaporate and contains a concentrated aroma. Moreover, it contains glycoside amygdalin, which emits extremely toxic chemicals like prussic acid and benzaldehyde. This, in turn, makes bitter almond oil not suitable for consumption as well as direct application on the skin.

The global almond oil market has been bifurcated, by process, into cold press and hot press. The cold press segment is expected to account for the larger market share as this process does not need any pre-conditioning of the almonds and the almonds are pressed directly at room temperature. This, in turn, lowers the oil temperature as well as acid value. Additionally, due to low temperature, the cold pressed almond oil does not have any adverse effect on the human body as compared to traditional high-temperature oil. Also, this helps in maintaining all the nutritional content of the oil and retain the physiologically active substance, the original taste, and flavor. Thus, the same segment is projected to register the higher CAGR during the forecast period due to the rising inclination of consumers for cold pressed almond oil.

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The global almond oil market has been segregated, by application, into food & beverages, cosmetics and personal care, and others. The cosmetics and personal care segment is projected to gain the largest share in the global almond oil market due to the major applications of almond oil in various skincare, makeup, and personal care products. The moisturizing, antioxidant, antibacterial, astringent, antidepressant, and anti-inflammatory properties of almond oil categorize it as an essential ingredient in different cosmetics and personal care products. However, the food & beverage segment is expected to register the highest growth rate during the forecast period owing to the significant growth of food & beverage industry and increased inclination towards the usage of natural or plant-based ingredients.

Key Players

Some of the key players, associated with the global almond oil industry, in the global almond oil market are Jiangxi Baicao Pharmaceutical Co., Ltd (China), Eden Botanicals (US), Caloy, Inc. (US), Henry Lamotte Oils GmbH (Germany), Proteco Oils (Australia), Florapower GmbH & Co. KG (Germany), Ashwin Fine Chemicals & Pharmaceuticals (India), Liberty Vegetable Oil Company (US),  California Nut Oil Milling Company (US), Aos Product Pvt. Ltd. (India), Parchem Fine and Specialty Chemicals, Inc. (US), Sydney Essential Oil Co. (Australia), Gustav Heess Oleochemische Erzeugnisse GmbH (Germany), ConnOils LLC (US), and Bo International (India).

Organic Personal Care Products Market Application, Forecast To 2024

Organic products are gaining traction of the personal care industry. Market Research Future (MRFR) projects in its recent study that the global organic personal care products market is anticipated to grow steadily over the review period 2017 to 2022. The changing lifestyle of the people, especially in the urban areas, coupled with increasing purchasing power, is expected to favor the expansion of the market in the forthcoming years.

Product safety is the primary driver of the global organic personal care products market. The rising awareness about preservatives and other harmful chemicals used in the personal care products has led to a shift in demand towards organic ingredients. The organic products are priced higher than the traditional ones, but the demand is expected to exhibit a steep rise owing to consumer awareness about the benefits of eco-friendly products. Also, the environmental concerns are projected to support the growth pattern of the organic personal care products market over the next couple of years.

The emphasis is on the development of innovative product lines. Thus, it is poised to offer a wide range of choices to the customers to choose from in the years to come. Availability of different products is expected to boost competition in the organic personal care products market and, thus, accelerate revenue growth. Also, the influx of investments in research & development is prognosticated to drive the expansion of the market in the foreseeable future.

Organic Personal Care Products Market Segmentation:

By type, the global organic personal care products market has been segmented into skin care, hair care, oral care, eye care, cosmetics, and others.

By source, the organic personal care products market has been segmented into oilseeds, fruits extracts, vegetable extracts, essential oils, tea & coffee extracts, edible nut extracts, cocoa extracts, and others.

By distribution channel, the global organic personal care products market has been segmented into supermarkets, pharmacy & drug stores, department stores, direct selling, specialty stores, beauty salons, e-commerce, and others.

By target group, the organic personal care products market has been segmented into infant, teenage, adult, and elderly.

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Organic Personal Care Products Market Competitive Dashboard:

The noted players profiled in this MRFR report are Alticor Inc. (U.S.), Kao Corp. (Japan), Avon Products Inc. (U.S.), L’oréal Group (France), Procter & Gamble Co. (U.S.), Mary Kay Inc. (U.S.), Revlon Inc. (U.K.), Oriflame Cosmetics S.A. (Switzerland), Shiseido Co. Ltd. (Japan), and The Estée Lauder Companies Inc. (U.S.).

Organic Personal Care Products Market Regional Analysis:

By region, the global organic personal care products market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). Asia Pacific signifies strong developmental opportunities. The exponentially growing population, coupled with rising per capita income, is projected to drive the proliferation of the organic personal care products market of the region over the assessment period. Also, the favorable regulatory laws of the region are anticipated to attract investments from global leaders, thus, supporting market expansion. North America and Europe are projected to exhibit moderate growth in the upcoming years. Increasing awareness about preservatives such as parabens is likely to catalyze the growth of the regional organic personal care products markets.

Baby Safety Seats Market Trends Forecast To 2024

Global baby safety seats market has been segmented based on type, distribution channel, and region.

Based on type, the global baby safety seats market has been segmented into infant seats, combination seats, booster seats, and others. The infant seats segment is expected to dominate the global baby safety seats market during the forecast period due to high vulnerability of infants to fall out during sudden braking or vehicle collision. However, the combination seats segment is predicted to register the highest CAGR during the review period as the combination seats can be used for infants as well as children up to 12 years of age in both rearing-facing and forward-facing directions.

Based on distribution channel, the global baby safety seats market has been classified as store-based and non-store based. The store-based segment is further divided into supermarkets and hypermarkets, specialty stores, and others. The store-based segment is expected to garner the larger market share during the forecast period due to strong vendor networks, availability of different products, and discounts offered. The non-store-based segment is expected to register the higher CAGR during the assessment period owing to technological advancements in the e-commerce industry and growing consumer preference for online purchase.

The global baby safety seats market is projected to register a significant growth rate of 5.3% from 2019 to 2024 and reach a market value of USD 5.48 Billion by the end of 2024. Baby safety seats are used to protect infants and children during vehicle collisions and sudden braking, by providing passive restraints. This helps to prevent children and infants from falling out and colliding with other parts of the car. Using baby safety seats significantly reduces chances of physical injury which is driving the growth of global baby safety seats market. Moreover, increasing per capita disposable incomes and innovations in baby safety seats are predicted to fuel the growth of the global baby safety seats market.

Key Players

Some of the key players in the global baby safety seats market are Dorel Juvenile Group of Companies (US), Brevi Milano S.P.A. (Italy), Combi, Inc. (Canada), Clek Inc. (Canada), Mothercare Plc (UK), InfaSecure (Australia), Goodbaby International Holdings Limited (China), Renolux France Industrie (France), Orbit Baby, Inc. (US), Artsana S.p.a (Italy), Britax Child Safety, Inc (US), Diono LLC (US), Newell Brands Inc. (US), Nuna International BV (Netherlands), and Kiwi Baby Howick (New Zealand)

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Regional Analysis

The global baby safety seats market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The North American market is expected to dominate the global baby safety seats market during the forecast period as state governments in the US and Canada have made it compulsory to use baby safety seats for infants and children. Additionally, the increased awareness about the benefits of baby safety seats among parents is expected to boost the growth of baby safety seats market in this region.

The baby safety seats market in Asia-Pacific is projected to register the highest growth rate from 2019 to 2024 owing to increasing per capita disposable incomes in developing countries like China and India. Moreover, rising incidents of road accidents has led to an increased concern for child safety among parents, which is expected to support the growth of baby safety seats market in this region.