Oct 8, 2020 8:00 AM ET
iCrowd Newswire – Oct 8, 2020
Zion Market Research has published a new report titled “Almond Oil by Product (Sweet and Bitter), By Application (Personal Care & Cosmetics, Pharmaceuticals, and Food) Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2026.”According to the report, the Almond Oil market accounted for USD 703 Million in 2018 and is expected to reach USD 1112 Million by 2026, growing at a CAGR of around 5.9% between 2019 and 2026.
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Almond oil has long been used in complementary medicine circles for its numerous health benefits. Although no conclusive scientific data exists currently, almonds and almond oil have many properties including anti-inflammatory, immunity-boosting and anti-hepatotoxicity effects. Furthermore, associations between almond oil and improved bowel transit have been made, which consequently reduces irritable bowel syndrome symptoms. Some studies show a reduced incidence of colonic cancer. Moreover, cardiovascular benefits have also been identified with almond oil elevating the levels of so-called ‘good cholesterol’, high-density lipoproteins (HDL), whilst it reduces low-density lipoproteins (LDL). Historically, almond oil had been used in Ancient Chinese, Ayurvedic and Greco-Persian schools of Medicine to treat dry skin conditions such as psoriasis and eczema. Additionally, it is through anecdotal evidence and clinical experiences that almond oil seemingly reduces hypertrophic scarring post-operatively, smoothes and rejuvenates the skin. Almond oil has emollient and sclerosant properties and, therefore, has been used to improve complexion and skin tone.
Based on the product, the almond oil market has been divided into sweet and bitter. The sweet segment is anticipated to gain substantial market share over the forecast timeline. Sweet almond oil is a refined vegetable oil obtained from the dried kernels of the almond tree. Sweet almond oil is high in mono and polyunsaturated fatty acids, minerals and glycosides. Fatty acids are necessary along with glycerol for the cell to function normally. Sweet almond oil also contains vitamins A, B1, B2, B6 with small amounts of vitamin E and D. Due to the presence of Vitamin E the oil has the antioxidant capability. Antioxidants protect vital cell structures by neutralizing free radicals. Topical vitamin E has shown to have a wide variety of skin benefits. Sweet almond oil contains up to 30% of Linoleic Acid, an Omega 6 essential fatty acid. Studies have indicated that it is this high Linoleic Acid content that contributes to reduce the TEWL (Trans-Epidermal Water Loss), resulting in better moisture retention, which is the key to maintain healthy skin.
On the basis of application, the market has been segregated into personal care and cosmetics, pharmaceuticals, and food. The personal care segment is anticipated to dominate the market over the forecast period. Almond oil is commonly used in the cosmetics industry in skin creams and antiaging products. It is reported to have effective emollient and sclerosant properties and, therefore, has been used to improve complexion and skin tone. Almond oil has emollient and sclerosant properties, which have been used to improve complexion and skin tone. In a non-randomized study, it has been observed that massage with bitter almond oil may be effective in reducing the visibility of current striae gravidarum, and in the prevention of new striae. Other formulations have been shown to ameliorate striae itching. However, other products containing almond oil have not shown to have a similar benefit. For example, sweet almond oil in creams is more effective than the base cream at ameliorating the itching of striae and preventing its progression.
Some key players in operating in the almond oil market are Caloy, Inc., Blue Diamond Growers, Jiangxi Baicao Pharmaceutical Co., Ltd., Bajaj Corp Ltd, Dabur India Ltd, Frontier Natural Products Co-op, Eden Botanicals, Ashwin Fine Chemicals & Pharmaceuticals, Proteco Oils, and Indian Natural Oils.
Global Almond Oil Market: Product Segment Analysis
Global Almond Oil Market: Application Segment Analysis
- Personal Care & Cosmetics
Global Almond Oil Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
To view TOC of this report is available upon request @ https://www.zionmarketresearch.com/toc/almond-oil-market
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Keywords: Almond Oil Market