North America Argan Oil Market Analysis from 2022 to 2034 Containing Market Size, Share along with its CAGR, Forecast and Trends
Top Countries — Revenue
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North America Argan Oil Market Analysis — Presence
Geographical Analysis
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North America Argan Oil Market Analysis 2026
| Region / Country | 2021 (A) | 2025 (A) | 2033 (P) | CAGR |
|---|---|---|---|---|
| North America Argan Oil Total | $ 129.98 Million | $ 179.72 Million | $ 342.47 Million | 8.393% |
| United States | $ 98.22 Million | $ 134.18 Million | $ 249.52 Million | 8.063% |
| Canada | $ 22.88 Million | $ 32.35 Million | $ 64.04 Million | 8.912% |
| Mexico | $ 8.89 Million | $ 13.19 Million | $ 28.9 Million | 10.302% |
A = Actual · E = Estimated · P = Projected · 🔒 Locked values require full access. Click headers to sort.
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Competitor Analysis
Competitive Landscape of the Argan Oil Market
The competitive landscape of the argan oil market is characterized by a diverse array of players vying for market share. Competitors employ various strategies, including product innovation, pricing, and distribution tactics, to differentiate themselves and capture the attention of consumers in a crowded marketplace.
| Top Companies (In no particular order) | 2022 (A) | 2023 (A) | 2024 (A) | 2025 (A) |
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| Company 1 | ••• | ••• | ••• | ••• |
| Company 2 | ••• | ••• | ••• | ••• |
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| Company 5 | ••• | ••• | ••• | ••• |
We Provide Regional Breakdown of this Companies and Company specific to any Country, Region, Product/ service as well. We cover market share analysis for publicly listed companies as well as privately held companies, subject to data availability.
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According to Cognitive Market Research, the global argan oil market size was estimated at USD 268125.2 Million out of which North America held the major market of around 40% of the global revenue with a market size of USD 107250.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.7% from 2024 to 2031. The sales of argan oil in North America are poised to increase due to several factors. Additionally, the rise of social media influencers advocating for the benefits of argan oil further amplifies consumer awareness and interest. Moreover, the convenience of online retail platforms facilitates easy access to a wide range of argan oil products, boosting sales. The prominent market share segment, Cosmetics & Personal Care argan oil, is expected to grow in North America due to its efficacy in meeting the demand for natural beauty solutions.
Country Analysis
- According to Cognitive Market Research, The United States argan oil market had a market share of USD 84,620.31 million in 2024 and is projected to grow at a CAGR of 19.5% during the forecast period. Sales of argan oil in the U.S. are set to rise due to increasing consumer preference for natural beauty products, endorsements by celebrities, and the product's versatility in skincare and hair care routines.
- Canada argan oil market had a market share of USD 12,870.01 million in 2024 and is projected to grow at a CAGR of 20.5% during the forecast period. Canada's growing interest in sustainable and eco-friendly products, coupled with its multicultural population, will drive the sales of argan oil for its diverse skincare benefits and culinary applications.
- Mexico argan oil market had a market share of USD 9,759.76 million in 2024 and is projected to grow at a CAGR of 20.2% during the forecast period.
The Food & Beverage industry is fueled by demand for sustainable, organic, and health-conscious products, supported by innovations in supply chain and e-commerce. Challenges include rising raw material costs, supply chain disruptions, regulatory hurdles, and labor shortages. Growth opportunities center on plant-based proteins, sustainable packaging, functional foods, and personalized nutrition, making strategic adaptation essential for success.
Analyst Conclusion
- Author's Say's:North America held the major market of around 40% of the global revenue with a market size of USD 107250.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.7% from 2024 to 2031.
- The sales of natural argan oil are poised to increase due to growing consumer preference for natural and sustainable beauty products, coupled with its diverse applications and proven health benefits.
- Sales of cosmetics & personal care argan oil are expected to rise due to its proven effectiveness in hydrating, nourishing, and rejuvenating the skin and hair, meeting the demand for natural beauty solutions.
Sneha Mali serves as a Team Lead at Cognitive Market Research & Consulting, overseeing research initiatives and delivering strategic market intelligence across the Food & Beverages and Agriculture sectors. With extensive experience in market analysis and team management, she plays a critical role in guiding research projects that help organizations understand evolving market dynamics, supply chain developments, consumer trends, and emerging growth opportunities within global agribusiness and food markets.
Leveraging both primary and secondary research methodologies, Sneha leads the execution of market assessments, competitive intelligence studies, stakeholder interviews, trend analysis, forecasting exercises, and custom consulting engagements. She works closely with agricultural producers, food manufacturers, distributors, industry experts, and other key stakeholders to gather firsthand market insights while validating findings through comprehensive secondary research. Her ability to analyze complex datasets enables clients to gain a deeper understanding of agricultural production trends, commodity movements, consumer demand patterns, and competitive landscapes.
In her leadership role, she manages cross-functional research teams, ensuring the successful delivery of high-quality market reports, consulting projects, and strategic studies. Her expertise in data mining, market evaluation, and analytical problem-solving allows her to transform large volumes of structured and unstructured information into actionable business intelligence. Through her guidance, organizations are better equipped to identify market opportunities, evaluate business risks, optimize growth strategies, and strengthen their competitive positioning.
Passionate about agricultural innovation, sustainability, and the future of global food systems, Sneha remains committed to continuous learning and research excellence. By staying informed about emerging agri-tech developments, changing market conditions, and evolving research methodologies, she helps clients navigate industry challenges and make informed decisions that support long-term growth and business success in an increasingly dynamic marketplace.
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North America Argan Oil Market Analysis — Table of Contents
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Report Scope
| Type | Natural Argan Oil, Organic Argan Oil |
|---|---|
| Application | Therapeutics Argan Oil, Aromatherapy Argan Oil, Food & Beverages Argan Oil, Cosmetics& Personal Care Argan Oil, Medical, Cleaning and Home, Others |
| Form Type | Absolute Argan Oil, Concentrates Argan Oil, Blends Argan Oil, Others |
| List of Competitors | OLVEA, Pure Argan Co., Malakbio, ARGANisme, Argane Aouzac, Zidrop Argan Oil, Organica Group Ltd, ARGANBULK |
Chapter 1. Competitor Analysis (Subject to Data Availability (Private Players))
- 1.1 Top Competitors Analysis
- 1.1.1 Top Players Ranking 2024
- 1.1.2 New Product Launch Analysis
- 1.2 Company Profile (Data Subject to Availability) Sample Format
- 1.2.1 OLVEA
- 1.2.1.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.1.2 Business Overview
- 1.2.1.3 R&D Investment (Subject to data availability)
- 1.2.1.4 Financials (Subject to data availability)
- 1.2.1.5 Product Types Specification
- 1.2.1.6 Business Strategy
- 1.2.1.7 Recent Developments
- 1.2.1.8 Management Change
- 1.2.1.9 S.W.O.T Analysis
- 1.2.2 Pure Argan Co.
- 1.2.2.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.2.2 Business Overview
- 1.2.2.3 R&D Investment (Subject to data availability)
- 1.2.2.4 Financials (Subject to data availability)
- 1.2.2.5 Product Types Specification
- 1.2.2.6 Business Strategy
- 1.2.2.7 Recent Developments
- 1.2.2.8 Management Change
- 1.2.2.9 S.W.O.T Analysis
- 1.2.3 Malakbio
- 1.2.3.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.3.2 Business Overview
- 1.2.3.3 R&D Investment (Subject to data availability)
- 1.2.3.4 Financials (Subject to data availability)
- 1.2.3.5 Product Types Specification
- 1.2.3.6 Business Strategy
- 1.2.3.7 Recent Developments
- 1.2.3.8 Management Change
- 1.2.3.9 S.W.O.T Analysis
- 1.2.4 ARGANisme
- 1.2.4.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.4.2 Business Overview
- 1.2.4.3 R&D Investment (Subject to data availability)
- 1.2.4.4 Financials (Subject to data availability)
- 1.2.4.5 Product Types Specification
- 1.2.4.6 Business Strategy
- 1.2.4.7 Recent Developments
- 1.2.4.8 Management Change
- 1.2.4.9 S.W.O.T Analysis
- 1.2.5 Argane Aouzac
- 1.2.5.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.5.2 Business Overview
- 1.2.5.3 R&D Investment (Subject to data availability)
- 1.2.5.4 Financials (Subject to data availability)
- 1.2.5.5 Product Types Specification
- 1.2.5.6 Business Strategy
- 1.2.5.7 Recent Developments
- 1.2.5.8 Management Change
- 1.2.5.9 S.W.O.T Analysis
- 1.2.6 Zidrop Argan Oil
- 1.2.6.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.6.2 Business Overview
- 1.2.6.3 R&D Investment (Subject to data availability)
- 1.2.6.4 Financials (Subject to data availability)
- 1.2.6.5 Product Types Specification
- 1.2.6.6 Business Strategy
- 1.2.6.7 Recent Developments
- 1.2.6.8 Management Change
- 1.2.6.9 S.W.O.T Analysis
- 1.2.7 Organica Group Ltd
- 1.2.7.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.7.2 Business Overview
- 1.2.7.3 R&D Investment (Subject to data availability)
- 1.2.7.4 Financials (Subject to data availability)
- 1.2.7.5 Product Types Specification
- 1.2.7.6 Business Strategy
- 1.2.7.7 Recent Developments
- 1.2.7.8 Management Change
- 1.2.7.9 S.W.O.T Analysis
- 1.2.8 ARGANBULK
- 1.2.8.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.8.2 Business Overview
- 1.2.8.3 R&D Investment (Subject to data availability)
- 1.2.8.4 Financials (Subject to data availability)
- 1.2.8.5 Product Types Specification
- 1.2.8.6 Business Strategy
- 1.2.8.7 Recent Developments
- 1.2.8.8 Management Change
- 1.2.8.9 S.W.O.T Analysis
- 1.2.1 OLVEA
- 1.1 Top Competitors Analysis
Chapter 2. Global Argan Oil Market Analysis
- 2.1 Global Argan Oil Market Analysis
- 2.2 Global Argan Oil Market Analysis by Type
- 2.3 Global Argan Oil Market Analysis by Application
- 2.4 Global Argan Oil Market Analysis by Form Type
Chapter 3. North America Argan Oil Market Analysis
- 3.1 North America Argan Oil Market Analysis
- 3.2 North America Argan Oil Market Analysis by Country
- 3.3 North America Argan Oil Market Analysis by Type
- 3.4 North America Argan Oil Market Analysis by Application
- 3.5 North America Argan Oil Market Analysis by Form Type
- 3.6 North America Argan Oil Market Analysis by Key Players
Chapter 4. United States Argan Oil Market Analysis
- 4.1 United States Argan Oil Market Analysis
- 4.2 United States Argan Oil Market Analysis by Type
- 4.3 United States Argan Oil Market Analysis by Application
- 4.4 United States Argan Oil Market Analysis by Form Type
- 4.5 United States Argan Oil Market Analysis by Key Players
Chapter 5. Canada Argan Oil Market Analysis
- 5.1 Canada Argan Oil Market Analysis
- 5.2 Canada Argan Oil Market Analysis by Type
- 5.3 Canada Argan Oil Market Analysis by Application
- 5.4 Canada Argan Oil Market Analysis by Form Type
- 5.5 Canada Argan Oil Market Analysis by Key Players
Chapter 6. Mexico Argan Oil Market Analysis
- 6.1 Mexico Argan Oil Market Analysis
- 6.2 Mexico Argan Oil Market Analysis by Type
- 6.3 Mexico Argan Oil Market Analysis by Application
- 6.4 Mexico Argan Oil Market Analysis by Form Type
- 6.5 Mexico Argan Oil Market Analysis by Key Players
Chapter 7. Type Analysis
- 7.1 Natural Argan Oil
- 7.2 Organic Argan Oil
Chapter 8. Application Analysis
- 8.1 Therapeutics Argan Oil
- 8.2 Aromatherapy Argan Oil
- 8.3 Food & Beverages Argan Oil
- 8.4 Cosmetics& Personal Care Argan Oil
- 8.5 Medical
- 8.6 Cleaning and Home
- 8.7 Others
Chapter 9. Form Type Analysis
- 9.1 Absolute Argan Oil
- 9.2 Concentrates Argan Oil
- 9.3 Blends Argan Oil
- 9.4 Others
Chapter 10. Qualitative Analysis (Subject to Data Availability)
- 10.1 Market Drivers
- 10.2 Market Restraints
- 10.3 Market Trends
- 10.4 Market Opportunity
- 10.5 Technological Road Map (Subject to Data Availability)
- 10.6 Product Life Cycle (Subject to Data Availability)
- 10.7 Customer and Buyer Behavior Analysis
- 10.7.1 Digital Engagement, Customer Experience & Relationship Analysis
- 10.7.2 Customer Buying Behavior & Purchase Decision Analysis
- 10.7.3 Vendor Selection, Supplier Preferences & Future Demand Trends
- 10.7.4 Pricing, Affordability & Value Perception Analysis
- 10.7.5 Customer Segmentation & Demand Pattern Analysis
- 10.8 Industrial Chain Analysis (Subject to Data Availability)
- 10.8.1 Industry Chain Analysis
- 10.8.2 Manufacturing Cost Analysis
- 10.8.3 Supply Side Analysis
- 10.8.3.1 Raw Material Analysis
- 10.8.3.2 Raw Material Procurement Analysis
- 10.8.3.3 Raw Material Price Trend Analysis
- 10.9 PESTEL Analysis
- 10.9.1 Environmental Factors
- 10.9.2 Legal Factors
- 10.9.3 Technological Factors
- 10.9.4 Economic Factors
- 10.9.5 Political Factors
- 10.9.6 Social Factors
- 10.10 Porter’s Five Forces Analysis
- 10.10.1 Degree of Competition
- 10.10.2 Threat of Substitutes
- 10.10.3 Threat of New Entrants
- 10.10.4 Bargaining Power of Buyers
- 10.10.5 Bargaining Power of Suppliers
- 10.11 Patent Analysis (Subject to Data Availability)
- 10.12 ESG Analysis
- 10.13 Geopolitical Outlook
- 10.13.1 Global Power Realignment & Strategic Alliances
- 10.13.2 Geopolitical Risk Landscape & Conflict Hotspots
- 10.13.3 International Trade Relations & Market Access Environment
- 10.13.4 Regulatory & Policy Shifts Impacting Cross-Border Operations
- 10.13.5 Supply Chain Resilience, Localization & Resource Nationalism
- 10.13.6 Technology Sovereignty & Digital Geopolitics
- 10.13.7 Strategic Implications for Investment, Growth & Market Entry
- 10.14 AI & Market Transformation
- 10.14.1 Competitive Landscape Disruption & Strategic Shifts
- 10.14.2 AI-Driven Transformation of Industry Value Chain
- 10.14.3 Evolution of Business Models & Revenue Streams
- 10.14.4 AI-Driven Product, Service & Innovation Transformation
- 10.14.5 Customer Behavior, AI Adoption & Future Market Evolution
Chapter 11. Research Findings
- 11.1 Key Takeaways
- 11.2 Analyst Point of View
- 11.3 Assumptions and Acronyms
Chapter 12. Research Methodology and Sources
- 12.1 Primary Data Collection
- 12.1.1 Steps for Primary Data Collection
- 12.1.1.1 Identification of KOL
- 12.1.2 Backward Integration
- 12.1.3 Forward Integration
- 12.1.4 How Primary Research Help Us
- 12.1.5 Modes of Primary Research
- 12.1.1 Steps for Primary Data Collection
- 12.2 Secondary Research
- 12.2.1 How Secondary Research Help Us
- 12.2.2 Sources of Secondary Research
- 12.3 Data Validation
- 12.3.1 Data Triangulation
- 12.4 Data Representation
- 12.1 Primary Data Collection
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Direct interviews with 50+ industry stakeholders including manufacturers, distributors, end-users, and regulatory bodies across all six regions.
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