Market Summary

The global Argan Oil market size was valued at USD 0.52 billion in 2025 and is projected to reach USD 1.40 billion by 2033, growing at a CAGR of 12.90% from 2026 to 2033. Steady growth in CAGR is being achieved by the Argan Oil Market as consumers increasingly prefer using natural, organic, and chemical-free personal care and cosmetic products. In addition to this, awareness about the health benefits of Argan Oil is also driving the Argan Oil Market. Also, the rise of e-commerce websites and online retail stores has facilitated easy availability of the product in the global market, especially in North America and Europe. Moreover, the rise of functional food products and supplements is providing a new opportunity for culinary and pharmaceutical applications.

Market Size & Forecast

• 2025 Market Size: USD 0.52 Billion
• 2033 Projected Market Size: USD 1.40 Billion
• CAGR (2026-2033): 12.90%
• North America: Largest Market in 2026
• Asia Pacific: Fastest Growing Market

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Key Market Trends Analysis

• Strong growth is observed in the argan oil market of North America, owing to the strong awareness of consumers towards natural and organic personal care products, with pure/organic argan oil product type segment recording strong sales and cosmetics contributing towards premium demand growth
• United States leads in terms of market size among other countries in North America, with an increase in hair and skincare formulation consumer base, women driving the gender segment, and online retail channels providing growth opportunities for premium, organic, as well as food and pharmaceutical-based argan oil products
• Asia Pacific is undergoing rapid market expansion driven by increasing disposable income, urbanization, and the wellness and natural beauty trends, wherein the cosmetic/personal care market segment leads, and pure/organic oil is desired in Japan, Korea, India, and China
• Pure and organic argan oil has emerged as the most popular form of argan oil-based product in the global market due to its chemical-free composition, sustainable aspect, and multi-dimensional applications in the cosmetics, hair care, food, and pharmaceutical industries, thereby ensuring higher demand in the premium and niche market segment
• Cosmetic and personal care continues to dominate the market, and this is influenced by increased demand for various anti-aging, moisturizing, and repair agents, particularly with ongoing innovation and rising awareness of clean label and ethical formulations of argan oil-based formulations
• Women form part of the end-user segment as a global category with strong consumption of multifunctional products such as hair serums, oils, and body care formulations, with the unisex and men segment also increasing steadily in terms of consumption
• The various online retail platforms are witnessing a high rate of expansion; these platforms have enabled global consumers to have convenient access to premium and niche argan oil products through increased penetration of e-commerce and digital marketing

So, The Argan Oil Market has evolved as an important division of the herbal oils and cosmetics business, propelled by consumer demand for organic and chemical-free products. The Argan Oil Global Market has found extensive use in cosmetics, hair care, skin care, food products, and pharmaceuticals, giving it considerable adaptability. With its antioxidant, anti-aging, and moisturizing characteristics being better appreciated worldwide, its sales are on the ascent in both developed and emerging nations. The premium and pure form of the oil is increasingly required for personal care markets, while the product is largely being used for its functional and cost-sensitive applications, like culinary uses and supplements. With the emergence of e-commerce, its market base is extending, and consumers worldwide are able to access its products easily.

Similarly, the growth of this market also depends on certain changes related to lifestyle, which include aspects such as healthy living, clean-label products, and multifunctionality. Innovation related to product development, along with marketing strategies, is contributing to the growth of this market. The outlook for this market appears to be favorable, driven by demand, along with the use of products.

Argan Oil Market Segmentation

By Product Type

• Pure/Organic Argan Oil

The natural or pure argan oil commands a premium in the market due to increasing consumer interest in nature-based, chemical-free products. It is required in skin and hair care due to its good antioxidant properties. This makes it the choice ingredient in the luxury and niche segments.

• Refined Argan Oil

Refined argan oil is targeted at the mass market and represents a more affordable product with neutral aroma and color. It finds broad applications in food and pharmaceutical industries due to its reasonable price and functionality.

• Smoothened Argan Oil

Blended argan oil-blended argan with other carrier oils for better efficacy or cost reduction. Its versatility for hair serums, cosmetic formulations, and dietary products maintains steady growth both in retail and online channels.

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By Gender

• Women

Women comprise the largest end-use group, mainly fueled by increasing emphasis on skincare, aging, and hair care products. Marketing activities targeting young, beauty-conscious groups are also responsible for fueling demand in developed markets such as North America and Europe.

• Men

The segment of men is increasing owing to growing awareness of grooming and treatments used for these cases. Products such as beards oils and skincare blends for men are specially promoting the market, especially in urban cities.

• Unisex

Unisex products like argan oil, with their multi-functional usage for personal care products, are witnessing popularity, especially among consumers who look for cost savings and convenience within different regions.

By Application

• Cosmetic & Personal Care

This is the largest application segment for argan oil due to its moisturizing, anti-aging, and hair-strengthening aspects. The increasing demand for natural beauty products, especially in North America, Europe, and Asia Pacific, is resulting in substantial growth.

• Food & Beverages

Argan oil’s role is growing in culinary and nutritional supplements, and health-conscious consumers, as well as the escalating trend for organic and functional foods, are important factors for its growing popularity, especially within the European and American markets.

• Pharmaceuticals

In the case of pharmaceutical, argan oil is used in topical therapy, dermatological products, and nutritional therapy. There is steady growth in this segment because of the awareness of natural remedies and preventive health.

By Distribution Channel

• Online Retail

With regards to online channels, there is consistent expansion on this platform and this is attributed to the benefits of convenience and the variety of products available on the platform and the expansion of e-commerce. This channel also performs well for premium and organic argan oil.

• Supermarkets & Hypermarkets

The physical retail sector is important for bulk or mainstream shopping. Wide product availability and promotions at retail stores contribute to consumer behavior, especially in regions like North America and Europe.

• Specialty Stores

Specialty stores serve a very select group of buyers who are looking for premium, as well as therapeutic grade, quality argan oil products.

• Pharmacies & Drugstores

Pharmacies provide credibility, specifically for medicinal or cosmetic use, mainly for therapeutic or dermatological purposes. This distribution helps drive growth in the pharmaceutical or personal care area.

Regional Insights

North America, led by the United States, is seen as another prominent market for argan oil, given the high level of consumer awareness, focus on premium personal care product spending, and strong internet retailing; cosmetics and food products are registering steady growth in Canada and Mexico

Europe shows strong demand in countries like Germany, the UK, and France for cosmetic and skin care products. Countries like Italy and Spain also show promising culinary demand, while the rest of Europe is contributing to the growth of its herbal and organic products.

A growing region with large growth prospects, driven by Japan & Korea for cosmetics, China for both personal care and culinary, India for both wellness and haircare, and Australia & New Zealand for moderate demand for oil with the attribute of premium and organic. There is gradual growth in South America, with Brazil leading the market for cosmetic/hair care applications, Argentina showing growing interest for applications related to diet and cuisine, and the rest of South America exploring niche market scope for online retail. Middle East & Africa represents a complex picture with the UAE and Saudi Arabia contributing towards the demand for luxury cosmetics, South Africa indicating a positive growth pattern in both personal care and culinary products, and the others benefitting from Morocco, the global production center for premium grade argan oil.

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Recent Development News

• December 2025, Argan Products International, on its part, has introduced its formal Private Label Accelerator Program aiming at supporting independent beauty-related companies or spa operators in their foray and growth ambitions in the argan oil industry. This structured program has set minimum order requirements, along with compliance checklists and approval processes, to assist new entrants in regions such as the EU, U.S., UK, and MENA.

(Source:https://www.globenewswire.com/news-release/2025/12/30/3211554/0/en/Argan-Products-International-Launches-Private-Label-Accelerator-Program-for-Beauty-Brands.html)

• In February 2025, Moroccanoil, a key player in the global beauty and personal care business centered around products containing argan oil, publicly disclosed its entry into the fine fragrance realm with L’Originale Eau de Parfum, which contains scents of citrus, flowers, and amber and features actress Adria Arjona in its advertising campaign. This can be seen as a move by the company aimed at participating in the wider sphere of brand engagement and diversification.

(Source:https://www.prnewswire.com/news-releases/moroccanoil-launches-loriginale-eau-de-parfum-its-first-ever-fine-fragrance-starring-adria-arjona-302375427.html)

Key Argan Oil Company Insights

OLVEA has successfully positioned itself as a key player in the Argan Oil market worldwide by using its close-to-one-hundred-year experience with vegetable oils. OLVEA offers conventional as well as certified organic oils, helping it become a versatile player that covers various market segments, from B2B markets to B2C markets. Qualitative sustenance, quality control, as well as strategic partnerships with organizations in Morocco, enable OLVEA to maintain its competitive advantage in an increasingly competitive market while establishing its presence in key markets across the world, led by the clean beauty, as well as natural wellness, trends.

Key Argan Oil Companies:

• OLVEA
• ARGANisme Cosmetics S.A.R.L
• Malakbio
• Argane Aouzac
• Organica Group Ltd
• ARGANBULK
• Zidrop Argan Oil
• Pure Argan Co
• John Masters Organics Inc
• Josie Maran Cosmetics Inc
• L’Oréal (L’ORÉAL Deutschland GmbH)
• Biopur Sarl
• Zineglob SARL
• Brenntag Specialties Inc
• Frontier Natural Products Co‑op Ltd

Global Argan Oil Market Report Segmentation

By Product Type

• Pure/Organic Argan Oil
• Refined Argan Oil
• Blended Argan Oil

By Gender

• Women
• Men
• Unisex

By Application

• Cosmetic & Personal Care
• Food & Beverages
• Pharmaceuticals

By Distribution Channel

• Online Retail
• Supermarkets & Hypermarkets
• Specialty Stores
• Pharmacies & Drugstores

Regional Outlook

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • Australia & New Zealand
  • South Korea
  • India
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • United Arab Emirates
  • South Africa
  • Rest of the Middle East & Africa