Middle East and Africa Nut Oil Market, By Product Type (Hazelnut Oil, Almond Oil, Argan Oil, Macadamia Oil, Marula Oil, Mongongo Oil, Pecan Oil, Pistachio Oil, Pine Nut Oil, Walnut Oil, Others), End-Use (Food Processing, Cosmetics & Personal Care, Aromatherapy, Paints & Varnishes, Households, Others), Nature (Organic, Conventional), Distribution Channel (B2B, B2C), Packaging Type (Jars, Bottles, Pouches, Others), Country (South Africa, Saudi Arabia, UAE, Kuwait, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Middle East and Africa Nut Oil Market
The Middle East and Africa nut oil market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 8.5% in the above-mentioned forecast period. Rise in the demand in cosmetic industry and food industry acts as an essential factor driving the Middle East and Africa nut oil market.
Nut oil is nut used to yield high quality oil serving many industries. The oil from the nuts is extracted by hot press or cold press techniques. The nut oil has wide range of applications such as pharmaceuticals, personal care, aromatherapy, food and beverages and several others. They are basically considered for maximum usage in cosmetic industry due to the high properties of nut oil that is used in various skin care products such as cleaners, lotion, moisturizers and others.
Rise in the health consciousness among consumers regarding healthy cooking is a vital factor escalating the market growth, also increase in the use of peanut oil by-products in food manufacturing, rise in the awareness about the several health benefits of nut oils such as weight management and improved heart and bone health and rise in the presence of a high concentration of vitamins and antioxidants, nut oil is used as a cleanser, skin toner, moisturizer, and body wash are the major factors among others, driving the Middle East and Africa nut oil market. Moreover, rise in vegan population, rise in the research and development activities and increase in the modernization in the new products offered in the market will further create new opportunities for the Middle East and Africa nut oil market in the forecast period of 2021- 2028.
However, rise in the issue related to storage of raw materials is the major factor among others acting as a restraint, and will further challenge the Middle East and Africa nut oil market in the forecast period.
This Middle East and Africa nut oil market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Middle East and Africa nut oil market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Middle East and Africa Nut Oil Market Scope and Market Size
The Middle East and Africa nut oil market is segmented on the basis of product type, end-use, nature, distribution channel and packaging type. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of product type, the Middle East and Africa nut oil market is segmented into hazelnut oil, almond oil, argan oil, macadamia oil, marula oil, mongongo oil, pecan oil, pistachio oil, pine nut oil, walnut oil and others.
- Based on end-use, the Middle East and Africa nut oil market is segmented into food processing, cosmetics & personal care, aromatherapy, paints & varnishes, households and others.
- Based on nature, the Middle East and Africa nut oil market is segmented into organic and conventional.
- Based on distribution channel, the Middle East and Africa nut oil market is segmented into B2B and B2C. B2C has been further segmented into store-based retailing. Store-based retailing has been further segmented into grocery retailers, non-grocery retailers and online retailing. Non-grocery retailers have been further sub segmented into mixed retailers and other non-grocery retailers.
- The Middle East and Africa nut oil market is also segmented on the basis of packaging type into jars, bottles, pouches and others.
Middle East and Africa Nut Oil Market Country Level Analysis
The Middle East and Africa nut oil market is analysed and market size insights and trends are provided by country, product type, end-use, nature, distribution channel and packaging type as referenced above.
The countries covered in Middle East and Africa nut oil market are South Africa, Saudi Arabia, UAE, Kuwait, Rest of Middle East and Africa.
The country section of the Middle East and Africa nut oil market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Middle East and Africa Nut Oil Market Share Analysis
The Middle East and Africa nut oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Middle East and Africa nut oil market.
The major players covered in the Middle East and Africa nut oil market report are Wilmar International Ltd, Caloy Company, LP., Fairtrade International, ADM, Bunge Limited, FUJI OIL CO., LTD., Gustav Heess Oleochemische Erzeugnisse GmbH, Natural Oils International Inc, Cargill, Incorporated, CHS Inc., Mazola, Biofinest, Natural Sourcing, LLC and Liberty Vegetable Oil Company among other domestic and regional players. Market share data is available for Middle East and Africa only. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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