LAMEA Apple Seed Oil Market

LAMEA Apple Seed Oil Market Size, Share & Trends Analysis Report By Distribution Channel, By End User (Food & Beverage, Healthcare, Cosmetic, and Skin & Hair Care), By Nature, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-20963 Publication Date: March-2024 Number of Pages: 136
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Apple Seed Oil Market would witness market growth of 6.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 8,442.70 tonnes, showcasing a growth of 8.0% (2023-2030).

The presence of apple seed oil in these retail giants reflects the growing trend towards natural and organic products, as consumers seek alternatives to conventional oils for their nutritional and culinary benefits. The strategic placement of apple seed oil within these channels facilitates consumer awareness and promotes its inclusion in everyday cooking and wellness routines. Therefore, the Saudi Arabia market has a presence of 80.23 tonnes of apple seed oil at hypermarkets & supermarkets in 2022.

LAMEA Apple Seed Oil Market Size - Opportunities and Trends Analysis Report

The Brazil market dominated the LAMEA Apple Seed Oil Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $102.7 Million by 2030. The Argentina market is showcasing a CAGR of 7.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.3% during (2023 - 2030).

The digitalization of commerce is reshaping how consumers discover, purchase, and engage with beauty and wellness products. E-commerce platforms and social media channels play a significant role in product discovery, brand awareness, and consumer engagement. Companies use influencer collaborations, digital marketing techniques, and online retail platforms to connect with their target market and increase apple seed oil product sales.

Furthermore, transparency and ingredient traceability are becoming increasingly important for consumers seeking greater visibility into the sourcing, production, and safety of beauty and wellness products. In response, brands disclose specifics regarding the source and caliber of substances, such as apple seed oil. Organic, non-GMO, and fair-trade certifications further enhance transparency and build consumer trust.

The UAE’s status as a hub for tourism and hospitality attracts visitors worldwide, including culinary enthusiasts seeking unique gastronomic experiences. Apple seed oil, featured in gourmet dishes and specialty foods served in restaurants and hotels, contributes to the culinary diversity and appeal of the UAE’s food scene, UAE’s driving demand for this ingredient. Hence, the growth of the region's food and beverage sector is propelling the market's growth.

Free Valuable Insights: The Worldwide Apple Seed Oil Market is Projected to reach USD 5.8 Billion by 2030, at a CAGR of 5.0%

Based on Distribution Channel, the market is segmented into Business to Business, Specialty Stores, Online, Hypermarkets & Supermarkets, and Others. Based on End User, the market is segmented into Food & Beverage, Healthcare, Cosmetic, and Skin & Hair Care. Based on Nature, the market is segmented into Conventional, and Organic. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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List of Key Companies Profiled

  • Akoma International UK Limited
  • Organic Pure Oil
  • Cocojojo LLC
  • Cyrus Enterprises
  • Herboil Chem
  • AU Natural Organics
  • The Kerfoot Group Limited (Avril Group)
  • Croda International PLC
  • Suyash Ayurveda
  • Morre-Tec Industries Inc

LAMEA Apple Seed Oil Market Report Segmentation

By Distribution Channel (Volume, Tonnes, USD Billion, 2019-2030)

  • Business to Business
  • Specialty Stores
  • Online
  • Hypermarkets & Supermarkets
  • Others

By End User (Volume, Tonnes, USD Billion, 2019-2030)

  • Food & Beverage
  • Healthcare
  • Cosmetic
  • Skin & Hair Care

By Nature (Volume, Tonnes, USD Billion, 2019-2030)

  • Conventional
  • Organic

By Country (Volume, Tonnes, USD Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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