• About us
  • Contact Us
  • Submit a Press Release
Monday, September 25, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
South-Africana
No Result
View All Result
Submit PR
  • AFRICA
    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

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Botswana

    Natural Diamond Council Launches Newest Global Campaign with Ambassador Lily James – Yahoo Finance

    Nigerian tech firms urge investment in upskilling talent to bridge skill gap – Businessday

    1,063 Graduates celebrate success at University of Botswana – News Invasion 24

    The Department of Agriculture Launches “Business in a Box Training With a Practical Training on the Hydroponic Farming – Magnetic Media

  • Eswatini

    Conserving Aquatic Biodiversity in the African Blue Economy … – African Business

    Nine Brera Pro Players Selected to Represent Their National Youth Teams of North Macedonia and Mozambique – Yahoo Finance

    UNIST signs cooperation MoU with Eswatini Medical Christian … – EurekAlert

    Cuba strengthens ties in the field of health and medical cooperation – cubanews.acn.cu

  • Lesotho

    Lesotho: Strengthening Intensive Care Unit (ICU) bed capacity – African Business

    Lesotho: Netcare 'Siphoned' M5 Billion From Tšepong – AllAfrica – Top Africa News

    Lesotho man who paid R4,000 and signed forms for South African … – IOL

    Strengthening ICU bed capacity – Lesotho – ReliefWeb

  • Namibia

    2023 Population and Housing Census enumeration starts – Namibia Economist

    Namibia's green economy: the potential of guarantees in blended … – Lexology

    BREAKING: All Blacks star banned following red card against Namibia – RUCK.co.uk

    Health ministry commemorates World Patient Safety Day – Namibia Economist

  • South Africa

    South Africa has two options – and neither is good – BusinessTech

    Deutsche Bank boosts investment in South Korea – Fintech Finance

    Core Skills Tech Sale Professionals Need to Know – IT News Africa

    Sightcare South Africa – Eye Protective Specialist Pills (SightCare … – mid-day.com

    South Africa and Vietnam to increase and diversify trade – FreshPlaza.com

    Nigerian entrepreneur among top 10 finalists of Africa's Business … – Businessday

    Trending Tags

    • Press releases
      Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

      Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

      Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

      Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

      Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

      Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

      Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

      Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

      Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

      Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

      Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

      Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

      Trending Tags

      • AFRICA
        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

        Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

        Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

        أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

        أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

      • Botswana

        Natural Diamond Council Launches Newest Global Campaign with Ambassador Lily James – Yahoo Finance

        Nigerian tech firms urge investment in upskilling talent to bridge skill gap – Businessday

        1,063 Graduates celebrate success at University of Botswana – News Invasion 24

        The Department of Agriculture Launches “Business in a Box Training With a Practical Training on the Hydroponic Farming – Magnetic Media

      • Eswatini

        Conserving Aquatic Biodiversity in the African Blue Economy … – African Business

        Nine Brera Pro Players Selected to Represent Their National Youth Teams of North Macedonia and Mozambique – Yahoo Finance

        UNIST signs cooperation MoU with Eswatini Medical Christian … – EurekAlert

        Cuba strengthens ties in the field of health and medical cooperation – cubanews.acn.cu

      • Lesotho

        Lesotho: Strengthening Intensive Care Unit (ICU) bed capacity – African Business

        Lesotho: Netcare 'Siphoned' M5 Billion From Tšepong – AllAfrica – Top Africa News

        Lesotho man who paid R4,000 and signed forms for South African … – IOL

        Strengthening ICU bed capacity – Lesotho – ReliefWeb

      • Namibia

        2023 Population and Housing Census enumeration starts – Namibia Economist

        Namibia's green economy: the potential of guarantees in blended … – Lexology

        BREAKING: All Blacks star banned following red card against Namibia – RUCK.co.uk

        Health ministry commemorates World Patient Safety Day – Namibia Economist

      • South Africa

        South Africa has two options – and neither is good – BusinessTech

        Deutsche Bank boosts investment in South Korea – Fintech Finance

        Core Skills Tech Sale Professionals Need to Know – IT News Africa

        Sightcare South Africa – Eye Protective Specialist Pills (SightCare … – mid-day.com

        South Africa and Vietnam to increase and diversify trade – FreshPlaza.com

        Nigerian entrepreneur among top 10 finalists of Africa's Business … – Businessday

        Trending Tags

        • Press releases
          Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

          Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

          Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

          Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

          Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

          Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

          Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

          Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

          Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

          Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

          Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

          Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

          Trending Tags

          Submit PR
          No Result
          View All Result
          South-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

          Corporate Moves: Two Rwandan lawyers promoted to Partner at ENSafrica | The New Times

          Next Post

          Automotive Chromium Market Size Forecast to Reach $2.8 Billion by 2027

          Related Posts

          Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent
          Press Releases

          Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

          September 24, 2023
          Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent
          Press Releases

          Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

          September 24, 2023
          Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent
          Press Releases

          Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

          September 24, 2023
          Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent
          Press Releases

          Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

          September 23, 2023
          Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent
          Press Releases

          Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

          September 23, 2023
          Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent
          Press Releases

          Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

          September 23, 2023

          Discussion about this post

          LATEST NEWS

          Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

          Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

          September 24, 2023
          Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

          Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

          September 24, 2023
          Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

          Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

          September 24, 2023
          Hot & Cold Systems Market Share: Regional Dynamics Unveiled

          Hot & Cold Systems Market Share: Regional Dynamics Unveiled

          September 23, 2023

          About

          South 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. To submit a press release today, contact us.

          Categories

          BOTSWANA

          ESWATINI

          LESOTHO

          NAMIBIA

          SOUTH AFRICA

          PRESS RELEASES

          Recent Post

          Recent Posts
          • Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent
          • Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent
          • Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

          Subscribe to Our Newsletter

            Share Us

            Share on facebook
            Share on twitter
            Share on linkedin
            Share on pinterest
            South Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
            No Result
            View All Result
            • AFRICA
            • Botswana
            • Eswatini
            • Lesotho
            • Namibia
            • South Africa
            • Press releases

            © 2022 Copyright SOUTH-AFRICANA