• About us
  • Contact Us
  • Submit a Press Release
Friday, December 8, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
TheEast-Africana
No Result
View All Result
Submit PR
  • Ethiopia

    Climate leadership award handed over to PM – Finance News: Latest Financial News, Finance News today in Bangladesh

    Minister Mondli Gungubele: Africa Tech Festival 2023 – South African Government

    Botswana: Heatwave forecast nationwide through at least Dec. 6 – Crisis24

    Botswana to extend and expand fresh-produce import restrictions – Reuters

  • Kenya

    Why should business be nature positive? – PwC

    Golden opportunity for city climate finance to be turbocharged … – CDP

    Snakebite Risk Worsens in Eswatini Because of Antivenom Scarcity – Voice of America – VOA News

    25 Emaswati complete phase 1 of the African Health Volunteers … – WHO | Regional Office for Africa

  • Rwanda

    Lesotho, Zimbabwe exemption permits extended | SAnews – South African Government News Agency

    #COP28: Cities face huge climate finance gap, study says – Bizcommunity.com

    Two-year extension for Zimbabwe and Lesotho permit holders – Bizcommunity.com

    UK Government considers basing lawyers in Rwanda as part of asylum deal – Yahoo News UK

  • Uganda

    Uganda sends 600 to climate summit | Monitor – Monitor

    UNHCR Advances Renewable Energy Agenda With Groundbreaking Solar Projects In Kenya And Uganda – SolarQuarter

    Combating the surge of tech-facilitated GBV – Monitor

    UGEFA, dfcu Bank collaborate for sustainable future in Uganda – pmldaily.com

  • MORE COUNTRIES
    • Burundi
    • Comoros
    • Djibouti
    • Eritrea
    • Ethiopia
    • Kenya
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Rwanda
    • Seychelles
    • Somalia
    • South Sudan
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • AFRICA
    تفتتح Geekvape عصرًا جديدًا من الإنتاج الآلي خالي من الغبار، مُعلنةً بذلك عن بزوغ فجر مرحلة جديدة من التصنيع الذكي والمستدام في القطاع

    تفتتح Geekvape عصرًا جديدًا من الإنتاج الآلي خالي من الغبار، مُعلنةً بذلك عن بزوغ فجر مرحلة جديدة من التصنيع الذكي والمستدام في القطاع

    AfriSummit 2023: African Health Authorities and Industry Leaders Convene to Explore Pharma Regulations and Innovations

    AfriSummit 2023: African Health Authorities and Industry Leaders Convene to Explore Pharma Regulations and Innovations

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

    BZR on Coinstore – a Significant Milestone for Bazaars

  • Press releases
    ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena

    ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena

    بطولة “ون” تعود إلى الشرق الأوسط  بعرض “ون 166: قطر” في الأول من آذار/مارس 2024 في صالة لوسيل الرياضية

    بطولة “ون” تعود إلى الشرق الأوسط بعرض “ون 166: قطر” في الأول من آذار/مارس 2024 في صالة لوسيل الرياضية

    Water Purifier Market is expected to reach USD 78.518 Billion by 2029 at a CAGR of 10.1 Percent

    Water Purifier Market is expected to reach USD 78.518 Billion by 2029 at a CAGR of 10.1 Percent

    GI Stool Testing Market expected to reach USD 1288.51 Million by 2029 at a CAGR of 7.23 percent

    GI Stool Testing Market expected to reach USD 1288.51 Million by 2029 at a CAGR of 7.23 percent

    Weaving Success: Activated Carbon Fiber Market Size Unveiled

    Terpene Resins Market Dynamics: Size, Share, and Growth | Expert Review

    Terpene Resins Market Dynamics: Size, Share, and Growth | Expert Review

    Trending Tags

    • Ethiopia

      Climate leadership award handed over to PM – Finance News: Latest Financial News, Finance News today in Bangladesh

      Minister Mondli Gungubele: Africa Tech Festival 2023 – South African Government

      Botswana: Heatwave forecast nationwide through at least Dec. 6 – Crisis24

      Botswana to extend and expand fresh-produce import restrictions – Reuters

    • Kenya

      Why should business be nature positive? – PwC

      Golden opportunity for city climate finance to be turbocharged … – CDP

      Snakebite Risk Worsens in Eswatini Because of Antivenom Scarcity – Voice of America – VOA News

      25 Emaswati complete phase 1 of the African Health Volunteers … – WHO | Regional Office for Africa

    • Rwanda

      Lesotho, Zimbabwe exemption permits extended | SAnews – South African Government News Agency

      #COP28: Cities face huge climate finance gap, study says – Bizcommunity.com

      Two-year extension for Zimbabwe and Lesotho permit holders – Bizcommunity.com

      UK Government considers basing lawyers in Rwanda as part of asylum deal – Yahoo News UK

    • Uganda

      Uganda sends 600 to climate summit | Monitor – Monitor

      UNHCR Advances Renewable Energy Agenda With Groundbreaking Solar Projects In Kenya And Uganda – SolarQuarter

      Combating the surge of tech-facilitated GBV – Monitor

      UGEFA, dfcu Bank collaborate for sustainable future in Uganda – pmldaily.com

    • MORE COUNTRIES
      • Burundi
      • Comoros
      • Djibouti
      • Eritrea
      • Ethiopia
      • Kenya
      • Madagascar
      • Malawi
      • Mauritius
      • Mozambique
      • Rwanda
      • Seychelles
      • Somalia
      • South Sudan
      • Tanzania
      • Uganda
      • Zambia
      • Zimbabwe
    • AFRICA
      تفتتح Geekvape عصرًا جديدًا من الإنتاج الآلي خالي من الغبار، مُعلنةً بذلك عن بزوغ فجر مرحلة جديدة من التصنيع الذكي والمستدام في القطاع

      تفتتح Geekvape عصرًا جديدًا من الإنتاج الآلي خالي من الغبار، مُعلنةً بذلك عن بزوغ فجر مرحلة جديدة من التصنيع الذكي والمستدام في القطاع

      AfriSummit 2023: African Health Authorities and Industry Leaders Convene to Explore Pharma Regulations and Innovations

      AfriSummit 2023: African Health Authorities and Industry Leaders Convene to Explore Pharma Regulations and Innovations

      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      BZR on Coinstore – a Significant Milestone for Bazaars

      BZR on Coinstore – a Significant Milestone for Bazaars

    • Press releases
      ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena

      ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena

      بطولة “ون” تعود إلى الشرق الأوسط  بعرض “ون 166: قطر” في الأول من آذار/مارس 2024 في صالة لوسيل الرياضية

      بطولة “ون” تعود إلى الشرق الأوسط بعرض “ون 166: قطر” في الأول من آذار/مارس 2024 في صالة لوسيل الرياضية

      Water Purifier Market is expected to reach USD 78.518 Billion by 2029 at a CAGR of 10.1 Percent

      Water Purifier Market is expected to reach USD 78.518 Billion by 2029 at a CAGR of 10.1 Percent

      GI Stool Testing Market expected to reach USD 1288.51 Million by 2029 at a CAGR of 7.23 percent

      GI Stool Testing Market expected to reach USD 1288.51 Million by 2029 at a CAGR of 7.23 percent

      Weaving Success: Activated Carbon Fiber Market Size Unveiled

      Terpene Resins Market Dynamics: Size, Share, and Growth | Expert Review

      Terpene Resins Market Dynamics: Size, Share, and Growth | Expert Review

      Trending Tags

      Submit PR
      No Result
      View All Result
      TheEast-africana
      Submit PR
      Home Press Releases

      Almond Oil Market Estimated to Grow at a CAGR of 4.7% During 2022-2027

      admin by admin
      March 29, 2022
      in Press Releases
      Almond Oil Market Estimated to Grow at a CAGR of 4.7% During 2022-2027
      Share on FacebookShare on Twitter


       


      Almond Oil Market

      (EMAILWIRE.COM, March 29, 2022 ) The Almond Oil Market size is estimated to reach $1,052 million by 2027. Furthermore, it is poised to grow at a CAGR of 4.7% over the forecast period of 2022-2027. Almond has been gaining immense market traction over the last five years. Predominantly owing to the rising veganism” trend and the tendency of people to adopt vegan diets which can provide them with the needed protein and energy for the entire day. Additionally, almond oil has been extensively used in cosmetic products owing to its excellent chemical properties making the skin smooth and nutritively healthy. As the practices for food adulteration are growing, various practices have been adopted such as the use of isotope ratio mass spectrometry. Almond Oil has also known for having monosaturated oleic acid or monosaturated fats which are contributed to increasing HDL or good cholesterol. The sweet almond oil also contains around 30% of linoleic acid, which makes up for its application in skin-care products. Moreover, the cinnamic aldehyde is added to various almond oil preparation to enhance the overall taste of the product. Owing to the recent trends governing that consumers wish to have vegan and non-GMO products along with the health consciousnessm the Almond Oil Industry is positioned favorably in the projected period of 2022-2027.

      Almond Oil Market Segmentation Analysis- By Type

      The Almond Oil market based on type can be further segmented into Sweet Almond Oil and Bitter Almond Oil. Sweet Almond Oil held a dominant market share in the year 2021. The sweet almond tree is a deciduous tree, which stands 30ft tall from the ground. Additionally, almonds are not tree nuts but are drupes. Drupes refer to an outer hull surrounding a hard shell that contains the seed as we know them inside. It is from the said drupes- the sweet almond oil is extracted. Sweet Almond Oil has been of prevalent use owing to its cross-applicative nature. Sweet Oil has now been also given as a mild laxative and a remedy for cancer. Since almond oil has extreme levels of omega-3 fatty acids, it helps in lowering the cases of cancer particularly cancers of breast-colon-spleen-uterus- and mouth. Within the US, the average risk of developing breast cancer is 13%, which roughly translates into 1 in every 8 women.

      Moreover, Sweet Almond Oil is estimated to be the fastest-growing with a CAGR of 5.4% over the forecast period of 2022-2027. It is owing to its use in the cosmeceutical industry as it is milk on the skin and is extremely beneficial in removing make-up, acting as a skin-friendly exfoliator, and primarily follows no-cruelty as a label mark.

      Almond Oil Market Segmentation Analysis- By Distribution Channel

      The Almond Oil market based on distribution channels can be further segmented into offline and online. Offline held a dominant market share in the year 2021 owing to the vast application usage in food products and beverages. Plant-based milk; especially almond milk is thickening its bases as users complained that “plant-based milk is thinner than dairy-milk.” Plant-based milk products are growing continually, and offline distribution channels are the major way through which such products reach the end-user, as they come under the tag of “convenience.” As per the data released by the Plant-Based Milk Association, milk grew 20.4% from 2019 to 2020 and had a maximum revenue share of $2.5 billion in 2020. Moreover, almond milk creamers, which use almond milk grew by 32.5% from 2019.

      However, the Online segment is estimated to be the fastest-growing, with a CAGR of 5.5% over the forecast period of 2022-2027. It is owing to the strategies being adopted by the brands to eliminate the middlemen and introduce various cashback and coupons directly to the end-users. Owing to the new strategies- digital marketing, and other incentivization, the segment would outpace the former.

      Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=504594

      Report Price: $ 4500 (Single User License)

      Almond Oil Market Segmentation Analysis- By Geography

      The Almond Oil market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held a dominant market share of 36% as compared to the other counterparts in the year 2021. It is owing to the region’s preferential right over the basic raw material-almond. Additionally, the raw material cost holds a significant aspect on the almond oil, and hence region’s high output directly translates into high market share. California’s 2020 almond acreage is estimated at 1,600,000 acres, 5.3% higher than the 2019 acreage of 1,520,000. Owing to such factors, the region held a dominant share.

      However, Asia-Pacific is expected to offer lucrative growth opportunities to the marketers owing to the rising food processing industries, which in turn helps in churning out products using almond oil as an ingredient. Moreover, India’s nutraceutical space is growing at a rapid pace supplemented by high internet penetration, thereby sales pertaining to natural-clean label products are bound to grow in the projected period of 2022-2027.

      Almond Oil Market Drivers

      The usage of almond oil owing to its medicinal benefits has immensely accredited the market growth.

      Almond oil has seen growing market traction owing to the peculiar health benefits it offers over the other common edible oil available in the market. If a nutritive breakdown of 1TBSP of almond oil is considered, then a total of 119 calories is gained, with 13.5 grams of total fats, with a predominant weightage of 11.7 grams as poly and monounsaturated fats. Additionally, it contains 26% RDI of Vitamin E. An overall rich diet of unsaturated fats has been linked to various health benefits such as the reduced risk of heart disease and obesity. Additionally, healthy fats can help in lowering high blood pressure. Moreover, within the US – 116 million Americans have hypertension, which is roughly 47% of the adults. High levels of HDL are associated with healthy liver and heart. Moreover, researchers have contributed the use of almond oil in controlling blood sugar. As per WHO, 422 million people globally have diabetes and has been the 9th leading cause of fatality.

      The growing concern regarding the use of non-GMO products and the practice of healthy labels have replicated a multi-applicative use of almond oil.

      Adverse effects created using chemicals such as parabens and phthalates have shown negative effects on one’s skin. Almond Oil, as an ingredient, is widely used across the cosmetic industry owing to its beneficial properties such as exfoliator for skin, promoting a chemical-free makeup remover, and is additionally used in creating hair strengthening products. Moreover, due to the uprising of “clean label” products within the cosmetic industry, the usage of almond oil has grown multi-fold. As almond production mostly follows non-toxic, green, and all-natural practices- the consumers are widely drawn to such product offerings, and manufacturers are observing increased sales in the following segment. Among most consumers which are 63%, the products made of 100% natural ingredients are more popular nowadays.

      Direct Purchase @ https://www.industryarc.com/purchasereport.php?id=504594

      Almond Oil Market Challenges

      A strong dependence of raw material on one region poses itself as a significant risk

      Almond’s production and supply are coupled in the hands of the USA. California almonds supply up to 80% of raw almonds to various end-users and producers. Hence, according to economics- if the supply is reliant on one’s region produce- the price anomalies would rarely favor the end-users. As per our analysis, whenever the overall “export” value globally has gone down, the USA exports also took a deep hit. The vice-versa also stands true. For example, in 2017, the export tons value was-> 328,756 of which the US provided 219,615 tons. In the year 2018, the exports shrunk -> 309,399 tons and the US also had a lower export output of 204,411 tons. Owing to such high correlation, the end-user industry such as almond oil would experience extreme price differences thereby hampering consumer sentiments and buying behavior.

      Almond Oil Market Competitive Landscape

      Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Almond Oil Market. The top 10- Almond Oil Market companies are-

      AAK

      Frontier Natural Products

      Flora

      Proteco

      Bajaj

      Caloy

      Dabur

      ESI

      GrupoPilimon

      HuilesBertin

      Recent Developments

      In November 2021, Blue Diamond- the world’s leading almond marketer and processor has announced the launch of Almond Breeze Extra Creamy Almond Milk. It contains the same texture as that of the dairy milk and uses Almond Oil to ensure the said taste. Many people find plant-based milk to be too thin compared to dairy and opt for alternative products in the plant-based milk category. The product contains 80 calories per serving. It is low in saturated fat, and it has an excellent source of calcium and vitamins D and E, and a good source of vitamin A.

      In September 2020, California Based Grower or Processor- Harris Wolf Almonds have launched single source sweet almond oil to the cosmetics and personal care ingredient marketplace. The product is a stalwart for raising transparency and quality. An ingredient such as almond oil provides the user the required health- quality- conscious who wish to have a good balance usage of plant-based derivative. The oil is made from 100% food-grade almonds.

      In April 2019, Pip and Nuts launched their vegan almond butter under the name of “Cherry Bakewell” within the UK. The product is free from palm oil, and instead, have almond oil within the jar. Additionally, it has a combination of Californian Almonds which takes 59% of the content value, coconut, agave syrup, dried cherries, Natural Almond Extract or Oil, and Sea Salt. The said product is high in fiber, mono-unsaturated fats, vegan friendly, and gluten-free.

      Key Takeaways

      Geographically, North America held the dominant market share in the year 2021. It is owing to the predominant position of the region in supplying the raw material almond. Additionally, the established pharmaceutical-nutraceutical and cosmeceutical industries propel the usage of almond oil in making end-products. However, Asia-Pacific is expected to offer lucrative growth opportunities to the marketers owing to heightened demand from the application industry fuelled by new product launches and brands focussing on using and publicizing almonds as the health beneficiary factor.

      The medicinal benefits offered by the almond oil, which aids all age groups has been a key market driver. However, owing to huge inclination and supply focus to small regions impeded the overall market growth.

      A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Almond Oil Market.

      Relevant Titles

      Almond Flour Market rnhttps://www.industryarc.com/Research/Almond-Flour-Market-Research-508049

      For more Food and Beverage Market related reports, please click here

      About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



      Source link

      Previous Post

      Transformer Oil Market Size to Grow $3.3 Billion by 2030

      Next Post

      Precision Medicine Tech Could Help To Improve Immunotherapies

      Related Posts

      ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena
      Press Releases

      ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena

      December 7, 2023
      بطولة “ون” تعود إلى الشرق الأوسط  بعرض “ون 166: قطر” في الأول من آذار/مارس 2024 في صالة لوسيل الرياضية
      Press Releases

      بطولة “ون” تعود إلى الشرق الأوسط بعرض “ون 166: قطر” في الأول من آذار/مارس 2024 في صالة لوسيل الرياضية

      December 7, 2023
      GI Stool Testing Market expected to reach USD 1288.51 Million by 2029 at a CAGR of 7.23 percent
      Press Releases

      GI Stool Testing Market expected to reach USD 1288.51 Million by 2029 at a CAGR of 7.23 percent

      December 6, 2023
      Press Releases

      Weaving Success: Activated Carbon Fiber Market Size Unveiled

      December 6, 2023
      Terpene Resins Market Dynamics: Size, Share, and Growth | Expert Review
      Press Releases

      Terpene Resins Market Dynamics: Size, Share, and Growth | Expert Review

      December 6, 2023
      Ricotta Market is expected to reach USD 1030 Mn by 2029 at a CAGR of 5.5 percent
      Press Releases

      Ricotta Market is expected to reach USD 1030 Mn by 2029 at a CAGR of 5.5 percent

      December 6, 2023

      Discussion about this post

      LATEST NEWS

      ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena

      ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena

      December 7, 2023
      بطولة “ون” تعود إلى الشرق الأوسط  بعرض “ون 166: قطر” في الأول من آذار/مارس 2024 في صالة لوسيل الرياضية

      بطولة “ون” تعود إلى الشرق الأوسط بعرض “ون 166: قطر” في الأول من آذار/مارس 2024 في صالة لوسيل الرياضية

      December 7, 2023
      Electric Vehicle Market Set to Reach $951.9 Billion by 2030

      Electric Vehicle Market Set to Reach $951.9 Billion by 2030

      December 6, 2023
      Ricotta Market is expected to reach USD 1030 Mn by 2029 at a CAGR of 5.5 percent

      Ricotta Market is expected to reach USD 1030 Mn by 2029 at a CAGR of 5.5 percent

      December 6, 2023

      About

      The East Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

      We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. Submit a press release or contact us today.

      Categories

      ETHIOPIA

      KENYA

      RWANDA

      UGANDA

      MORE COUNTRIES

      AFRICA

      PRESS RELEASES

      Recent Post

      Recent Posts
      • ONE Championship Returns to Middle East with ONE 166: Qatar on March 1 at Lusail Sports Arena
      • بطولة “ون” تعود إلى الشرق الأوسط بعرض “ون 166: قطر” في الأول من آذار/مارس 2024 في صالة لوسيل الرياضية
      • Electric Vehicle Market Set to Reach $951.9 Billion by 2030

      Subscribe to Our Newsletter

        Share Us

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest

        Contact Us

        • +1 832 716 2363
        • +12816454086
        • Email: Email Us
        • Skype: groupwebmedia
        The East Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
        No Result
        View All Result
        • Ethiopia
        • Kenya
        • Rwanda
        • Uganda
        • MORE COUNTRIES
          • Burundi
          • Comoros
          • Djibouti
          • Eritrea
          • Ethiopia
          • Kenya
          • Madagascar
          • Malawi
          • Mauritius
          • Mozambique
          • Rwanda
          • Seychelles
          • Somalia
          • South Sudan
          • Tanzania
          • Uganda
          • Zambia
          • Zimbabwe
        • AFRICA
        • Press releases

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest
        © 2023 The-East-Africana