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Almond Oil Market

ID: MRFR/CG/6608-HCR
90 Pages
Snehal Singh
October 2025

Almond Oil Market Research Report Information By Process (Hot Press and Cold Press), By Type (Bitter Almond Oil and Sweet Almond Oil), By Application (Cosmetics and Personal care, Food & Beverages, and Others), and By Region (North America, Asia-Pacific, Europe, And Rest Of The World) –Market Forecast Till 2035

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Almond Oil Market Summary

As per MRFR analysis, the Almond Oil Market Size was estimated at 2.59 USD Billion in 2024. The Almond Oil industry is projected to grow from 2.888 USD Billion in 2025 to 8.587 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 11.51 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Almond Oil Market is experiencing robust growth driven by increasing consumer preference for natural and sustainable products.

  • North America remains the largest market for almond oil, driven by a strong demand in the cosmetic and culinary sectors.
  • The Asia-Pacific region is emerging as the fastest-growing market, fueled by rising health consciousness and interest in plant-based products.
  • Cold press almond oil continues to dominate the market, while hot press almond oil is witnessing rapid growth due to its affordability and accessibility.
  • Health benefits of almond oil and the rising demand from the cosmetic industry are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 2.59 (USD Billion)
2035 Market Size 8.587 (USD Billion)
CAGR (2025 - 2035) 11.51%

Major Players

Blue Diamond Growers (US), Almonds Australia (AU), Borges Agricultural & Industrial Nuts (ES), Mariani Nut Company (US), Olam International (SG), Sundarban Agro Products (IN), Royal Nut Company (AU), H.B. Specialty Foods (US)

Almond Oil Market Trends

The Almond Oil Market is currently experiencing a dynamic phase characterized by evolving consumer preferences and increasing awareness regarding health benefits. As individuals become more health-conscious, the demand for natural and organic products has surged. Almond oil, known for its rich nutritional profile, is gaining traction not only in culinary applications but also in cosmetics and personal care. This diversification of usage appears to be a driving force behind the market's expansion, as consumers seek versatile products that align with their lifestyle choices. Furthermore, the rise of e-commerce platforms has facilitated greater accessibility, allowing consumers to purchase almond oil conveniently from various sources. In addition to changing consumer behavior, the Almond Oil Market is influenced by sustainability trends. Producers are increasingly adopting eco-friendly practices, which resonate with environmentally conscious consumers. This shift towards sustainable sourcing and production methods may enhance brand loyalty and attract a broader customer base. As the market continues to evolve, it seems poised for growth, driven by innovation and a commitment to quality. The future of the Almond Oil Market appears promising, with potential for further expansion across multiple sectors, including food, beauty, and wellness.

Rising Demand for Natural Products

There is a noticeable increase in consumer preference for natural and organic products. Almond oil, recognized for its health benefits, is becoming a staple in both culinary and cosmetic applications. This trend indicates a shift towards healthier lifestyle choices.

Sustainability and Eco-Friendly Practices

Producers in the Almond Oil Market are increasingly focusing on sustainable sourcing and production methods. This commitment to environmental responsibility is likely to resonate with consumers who prioritize eco-friendly products.

Growth of E-Commerce Platforms

The expansion of online shopping has made almond oil more accessible to consumers. E-commerce platforms are facilitating the distribution of almond oil, allowing for a broader reach and convenience in purchasing.

Almond Oil Market Drivers

Cosmetic Industry Demand

The Almond Oil Market is significantly influenced by the rising demand for almond oil in the cosmetic sector. Almond oil is widely utilized in skincare and haircare products due to its moisturizing and nourishing properties. The Almond Oil Market is projected to reach over 800 billion dollars by 2025, with a notable segment dedicated to natural and organic ingredients. This shift towards clean beauty is likely to bolster the almond oil market, as brands increasingly incorporate almond oil into their formulations. Furthermore, the growing trend of DIY beauty products has led consumers to seek almond oil for personal use, further enhancing its market presence. As the cosmetic industry evolves, the Almond Oil Market appears poised for substantial growth, driven by the increasing incorporation of almond oil in various beauty applications.

Culinary Uses and Trends

The culinary applications of almond oil are becoming a significant driver for the Almond Oil Market. As consumers become more adventurous in their cooking, almond oil is gaining popularity as a versatile ingredient in various cuisines. Its light flavor and high smoke point make it suitable for cooking, baking, and salad dressings. The trend towards healthier cooking oils is also contributing to the growth of the almond oil market, as it is perceived as a healthier alternative to traditional oils. Market data indicates that the culinary segment of the almond oil market is expected to grow steadily, with an increasing number of restaurants and home cooks opting for almond oil in their recipes. This culinary trend suggests that the Almond Oil Market may continue to thrive as more individuals recognize the benefits of incorporating almond oil into their diets.

Health Benefits of Almond Oil

The Almond Oil Market is experiencing a surge in demand due to the increasing awareness of health benefits associated with almond oil. Rich in vitamins, antioxidants, and healthy fats, almond oil is recognized for its potential to improve skin health, promote heart health, and aid in weight management. As consumers become more health-conscious, the preference for natural and organic products is likely to drive the almond oil market further. According to recent data, the market for almond oil is projected to grow at a compound annual growth rate of approximately 10% over the next five years, indicating a robust interest in its health-promoting properties. This trend suggests that the Almond Oil Market may continue to expand as more individuals seek out natural alternatives for their health and wellness needs.

Innovations in Packaging and Product Offerings

Innovations in packaging and product offerings are emerging as a key driver for the Almond Oil Market. As competition intensifies, companies are focusing on unique packaging solutions that enhance product appeal and convenience. Eco-friendly packaging options are particularly gaining traction, as consumers increasingly prefer sustainable choices. Additionally, the introduction of flavored almond oils and blends with other oils is expanding the product range available to consumers. This diversification is likely to attract a broader audience, including those who may not have previously considered almond oil. Market data suggests that innovative product offerings can lead to increased sales and market penetration. As brands continue to innovate, the Almond Oil Market appears well-positioned for growth, driven by consumer demand for variety and sustainability.

Rising Interest in Vegan and Plant-Based Products

The Almond Oil Market is benefiting from the rising interest in vegan and plant-based products. As more consumers adopt plant-based diets, the demand for plant-derived oils, including almond oil, is likely to increase. Almond oil is often used as a substitute for animal-derived fats in cooking and baking, making it an attractive option for those seeking to reduce their animal product consumption. This trend aligns with the broader movement towards sustainability and ethical consumption, which is gaining traction among consumers. Market Research Future indicates that the plant-based food market is projected to reach 74 billion dollars by 2027, suggesting a favorable environment for the almond oil market. The growing acceptance of veganism and plant-based lifestyles may further enhance the Almond Oil Market, as consumers look for alternatives that align with their values.

Market Segment Insights

By Process: Cold Press (Largest) vs. Hot Press (Fastest-Growing)

In the almond oil market, the cold press method holds the largest share, favored for its ability to retain the oil's nutritional qualities and flavor. Cold pressing involves mechanically pressing the almonds without applying heat, ensuring that the oil remains pure and rich in essential nutrients. Conversely, the hot press method, which involves heating the almonds before extraction, is gaining traction due to its efficiency and cost-effectiveness. While cold press remains dominant, the growth potential of hot press is significant as producers seek to reduce production costs and meet rising demand.

Extraction Method: Cold Press (Dominant) vs. Hot Press (Emerging)

The cold press extraction method is characterized by its traditional approach, ensuring that almond oil retains its rich flavor and health benefits by avoiding heat exposure. As a dominant method in the almond oil market, it appeals to health-conscious consumers and premium product lines. On the other hand, the hot press method is becoming increasingly popular as an emerging alternative due to its ability to extract oil more rapidly and at reduced costs. This method, while potentially affecting the flavor and nutritional profile, allows producers to maximize outputs and respond to growing market demand, thereby positioning itself as a worthwhile option in the competitive landscape.

By Type: Sweet Almond Oil Market (Largest) vs. Bitter Almond Oil Market (Fastest-Growing)

The almond oil market is primarily divided into two main types: Sweet Almond Oil Market and Bitter Almond Oil Market. Sweet Almond Oil Market holds a substantial share in the market due to its widespread applications in cosmetics, food, and dietary supplements. Meanwhile, Bitter Almond Oil Market, although smaller in market share, is increasingly gaining traction due to its unique flavor profile and therapeutic properties that appeal to niche markets.

Almond Oil Market: Sweet (Dominant) vs. Bitter (Emerging)

Sweet Almond Oil Market is the dominant player in the almond oil market, known for its versatility and mild flavor, making it a popular choice for culinary uses and skin care applications. It is rich in vitamins E and A, further enhancing its appeal in the beauty and wellness sectors. Bitter Almond Oil Market, on the other hand, is emerging rapidly as consumers seek more unique and potent flavor experiences and potential health benefits. Its distinct applications in aromatherapy and as a flavoring agent in specialty foods are driving its growth, appealing to a demographic that is increasingly focused on natural and organic products.

By Application: Cosmetics and Personal Care (Largest) vs. Food & Beverages (Fastest-Growing)

The almond oil market is segmented into three distinct applications: cosmetics and personal care, food and beverages, and others. Among these, the cosmetics and personal care sector holds the largest market share due to the rising demand for natural and organic ingredients in beauty products. The creamy texture and nutritional benefits of almond oil make it a preferred choice for moisturizing lotions, hair oils, and skin care formulations.

Cosmetics and Personal Care: Dominant vs. Food & Beverages: Emerging

The cosmetics and personal care segment leads the almond oil market with its rich versatility and appeal. Almond oil is known for its skin-nourishing properties, making it a staple in high-end skincare products, anti-aging creams, and hair treatments. In contrast, the food and beverages sector is emerging swiftly as an important player due to a growing shift towards health-conscious eating. Almond oil is increasingly being used in gourmet cooking and as a salad dressing, appealing to consumers looking for healthy fat alternatives without compromising flavor.

Get more detailed insights about Almond Oil Market

Regional Insights

North America : Market Leader in Almond Oil Market

North America is the largest market for almond oil, holding approximately 45% of the global market share. The region's growth is driven by increasing health consciousness among consumers, leading to a surge in demand for natural and organic products. Regulatory support for agricultural practices and food safety standards further catalyzes market expansion. The U.S. is the primary contributor, with California being a significant almond-producing state, while Canada follows as the second-largest market with around 15% share. The competitive landscape in North America is robust, featuring key players such as Blue Diamond Growers and Mariani Nut Company. These companies leverage advanced agricultural techniques and marketing strategies to enhance their market presence. The region's focus on sustainability and organic certification is also shaping consumer preferences, pushing companies to innovate and diversify their product offerings. The presence of established distribution channels further strengthens market dynamics.

Europe : Emerging Market for Almond Oil Market

Europe is witnessing a significant rise in almond oil consumption, accounting for approximately 30% of the global market share. The growth is fueled by increasing awareness of the health benefits associated with almond oil, particularly in culinary and cosmetic applications. Regulatory frameworks in the EU promote organic farming and sustainable practices, which are pivotal in driving demand. Countries like Spain and Germany are leading the market, with Spain being the largest producer of almonds in Europe, contributing to about 12% of the market share. The competitive landscape in Europe is characterized by a mix of local and international players, including Borges Agricultural & Industrial Nuts and Olam International. The market is also seeing a trend towards premium and organic products, catering to the health-conscious consumer base. The presence of various distribution channels, including online platforms, is enhancing accessibility and driving sales. The focus on quality and sustainability is shaping the competitive dynamics in this region.

Asia-Pacific : Rapidly Growing Almond Oil Market

Asia-Pacific is emerging as a significant player in the almond oil market, holding around 15% of the global market share. The region's growth is driven by rising disposable incomes and changing dietary habits, leading to increased demand for health-oriented products. Countries like India and Australia are at the forefront, with Australia being a major almond producer. Regulatory support for food safety and quality standards is also contributing to market growth, fostering consumer trust in almond oil products. The competitive landscape in Asia-Pacific is evolving, with key players such as Almonds Australia and Sundarban Agro Products making strides in the market. The region is witnessing a growing trend towards natural and organic products, aligning with global health trends. Additionally, the expansion of e-commerce platforms is enhancing product availability, making almond oil more accessible to consumers. The focus on innovation and quality is driving competition among local and international brands, shaping the market dynamics in this region.

Middle East and Africa : Emerging Market Potential

The Middle East and Africa region is gradually emerging in the almond oil market, holding approximately 10% of the global market share. The growth is primarily driven by increasing consumer awareness of health benefits and the rising popularity of natural oils in culinary and cosmetic applications. Countries like South Africa and the UAE are leading the market, with regulatory frameworks supporting organic farming and food safety, which are crucial for market expansion. The competitive landscape in this region is characterized by a mix of local producers and international brands. Key players such as Royal Nut Company and H.B. Specialty Foods are making significant contributions to market growth. The region is also witnessing a trend towards premium products, catering to the affluent consumer base. The increasing penetration of e-commerce and retail channels is enhancing product accessibility, further driving market dynamics in the Middle East and Africa.

Almond Oil Market Regional Image

Key Players and Competitive Insights

Leading market players are spending heavily on R&D in order to expand their product lines, which will help the Almond Oil Market grow even more. Market participants are also undertaking a variety of strategic measures to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market, Almond Oil Market companies must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Almond Oil industry to benefit clients and increase the market sector. In recent years, the Almond Oil industry has offered some of the most significant advantages to medicine. Major players in the Almond Oil Market, including Proteco Oils (Australia), Henry Lamotte Oils GmbH (Germany), Jiangxi Baicao Pharmaceutical Co. Ltd (China), Aos Product Pvt. Ltd. (India), and others, are attempting to increase market demand by investing in research and development operations.

Proteco Oils is an Australian company based in Kingaroy, Queensland, that is the leading specialist manufacturer of high-quality cold-pressed oils using fresh Australian-grown produce, which have been established for over 25 years. With their state-of-the-art press and filtration and refinery technology, they use traditional and cold-pressed extraction methods and do not employ chemical or solvent extraction processes, ensuring the aroma, flavor, and nutritional characteristics of their quality raw materials are preserved.

Established in 2008, Jiangxi Baicao Pharmaceutical Company has made a name for itself as the top supplier of oil can in China. The supplier company is located in Jian, Jiangxi, and is one of the best leading sellers of listed products. Jiangxi Baicao Pharmaceutical Company is listed in Trade India's list of authentic sellers offering supreme quality Cedrus Oil etc. Buy oil can in bulk from us for the best quality products and service.

In accordance with the requirements of GMP, they have modern production art, with perfect quality, earned a good reputation, our product sold all over the world, not domestically but overseas. The company has developed with technology, won with creditability, and would like to supply its best service to the pharmaceutical, food, Cosmetic, and chemical industries, etc.

Key Companies in the Almond Oil Market market include

Industry Developments

April 2019: Bajaj Consumer Care Ltd announced the launch of the new Bajaj Cool Almond Drops Hair Oil. This oil will provide the advantage of cooling oil with the absence of hassles and issues of stickiness.

February 2019: Blue Diamond Growers declared its partnership with Grupo Lala Sign. This partnership will result in the distribution and sales of Almond Breeze.

June 2022: Bajaj Consumer Care Ltd. announced its plans to launch new products in different categories under its flagship Bajaj Almond Drops brand as it seeks to tap into the equity of the popular hair oil label, according to a top company official.

Future Outlook

Almond Oil Market Future Outlook

The Almond Oil Market is projected to grow at 11.51% CAGR from 2024 to 2035, driven by rising health awareness, increasing demand in cosmetics, and expanding food applications.

New opportunities lie in:

  • Development of premium organic almond oil product lines
  • Expansion into emerging markets with tailored marketing strategies
  • Investment in sustainable almond farming practices to enhance supply chain resilience

By 2035, the Almond Oil Market is poised for robust growth, reflecting evolving consumer preferences and market dynamics.

Market Segmentation

Almond Oil Market Type Outlook

  • Sweet Almond Oil
  • Bitter Almond Oil

Almond Oil Market Process Outlook

  • Hot press
  • Cold press

Almond Oil Market Application Outlook

  • Cosmetics and Personal Care
  • Food & Beverages
  • Others

Report Scope

MARKET SIZE 20242.59(USD Billion)
MARKET SIZE 20252.888(USD Billion)
MARKET SIZE 20358.587(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)11.51% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesGrowing demand for natural and organic products fuels expansion in the Almond Oil Market.
Key Market DynamicsRising consumer preference for natural products drives demand for almond oil across various industries.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Snehal Singh
Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

What is the current valuation of the Almond Oil Market as of 2024?

The Almond Oil Market was valued at 2.59 USD Billion in 2024.

What is the projected market valuation for the Almond Oil Market in 2035?

The market is projected to reach 8.587 USD Billion by 2035.

What is the expected CAGR for the Almond Oil Market during the forecast period 2025 - 2035?

The expected CAGR for the Almond Oil Market during 2025 - 2035 is 11.51%.

Which companies are considered key players in the Almond Oil Market?

Key players include Blue Diamond Growers, Almonds Australia, Borges Agricultural & Industrial Nuts, and others.

What are the main segments of the Almond Oil Market?

The main segments include process, type, and application.

How does the valuation of hot press almond oil compare to cold press almond oil?

Hot press almond oil was valued at 1.55 USD Billion, while cold press almond oil was valued at 1.04 USD Billion in 2024.

What is the market valuation for sweet almond oil compared to bitter almond oil?

Sweet almond oil was valued at 1.55 USD Billion, whereas bitter almond oil was valued at 1.04 USD Billion in 2024.

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