Apricot Oil Market Introduction and Overview
According to SPER Market Research, the Global Apricot Oil Market is estimated to reach USD 3725.01 million by 2034 with a CAGR of 6.16%.
The report includes an in-depth analysis of the Global Apricot Oil Market, including market size and trends, product mix, Applications, and supplier analysis. The apricot oil market is growing due to its increasing use in cosmetics, pharmaceuticals, and the food industry. Rich in vitamins and antioxidants, it is widely used in skincare, haircare, and aromatherapy. Key drivers include the rising demand for natural and organic products, the expansion of the personal care industry, and growing consumer awareness of its health benefits. However, challenges such as high production costs, limited apricot cultivation, and competition from substitute oils like almond and jojoba oil pose hurdles to market growth. Despite these challenges, the market is expected to expand as consumers seek more natural and sustainable wellness solutions.
By Application Insights: The apricot oil market is divided into five sub-segments based on its application: food and beverage, pharmaceutical, cosmetics, healthcare, and others. Based on application, the cosmetics sector dominated the market in 2024. Apricot oil contains vitamins, antioxidants, and vital fatty acids, making it a desirable ingredient in a variety of cosmetic compositions. Its moisturizing, nourishing, and revitalizing characteristics make it perfect for use in hydrating skincare products like lotions, creams, serums, and facial oils.
By Distribution Channel Insights: The apricot oil market is segmented into two distribution channels: online and offline. The offline category had the highest revenue share in 2024. Several factors drive the offline distribution channels segment, including a growing consumer preference for natural and organic products, the perceived higher quality and authenticity of products purchased in physical stores, and the ability for customers to try the product before purchasing.
By Regional Insights: The apricot oil market in North America is predicted to develop at the quickest CAGR between 2025 and 2034. The key driver is increased consumer awareness of natural and organic products. As individuals become more health-conscious and worried about the substances in their personal care products, they are turning to natural alternatives.
Market Competitive Landscape: The market for apricot oil is extremely competitive, with numerous producers offering various forms. To compete successfully, many major competitors are focusing on new product releases, partnerships, and market expansion. Some of the key market players are AMD Oil Sales LLC, Aura Cacia, Forest Essentials, Frontier Natural Products Co-op, Greenwood Essencial, Hobe Labs, Life-Flo, Nature’s Alchemy, Now Foods and Starwest Botanicals.
Recent Developments:
- In February 2024, Cargill released its Gemini Pureit sunflower oil brand in four southern states of India: Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu.
- In April 2023, Eni, the Italian energy company, began manufacturing apricot oil for biorefining in Kenya. They have developed an oilseed gathering and pressing plant, known as an agri-hub, in Makueni, Kenya, with an initial output capacity of 15,000 tons.
- In April 2022, Trikuta Oils, a wholesale company based in Jammu, India, launched an exotic line of organic oils including almond, apricot, and walnut. The new range is drawn from the Jammu, Kashmir, and Ladakh hills.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Application, By Distribution Channel. |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | AMD Oil Sales LLC, Aura Cacia, Forest Essentials, Frontier Natural Products Co-op, Greenwood Essencial, Hobe Labs, Life-Flo, Nature’s Alchemy, Now Foods, Starwest Botanicals. and others. |
Key Topics Covered in the Report:
- Global Apricot Oil Market Size (FY’2021-FY’2034)
- Overview of Global Apricot Oil Market
- Segmentation of Global Apricot Oil Market By Application (Food & Beverage, Pharmaceutical, Cosmetics, Healthcare, Others)
- Segmentation of Global Apricot Oil Market By Distribution Channel (Online, Offline)
- Statistical Snap of Global Apricot Oil Market
- Expansion Analysis of Global Apricot Oil Market
- Problems and Obstacles in Global Apricot Oil Market
- Competitive Landscape in the Global Apricot Oil Market
- Details on Current Investment in Global Apricot Oil Market
- Competitive Analysis of Global Apricot Oil Market
- Prominent Players in the Global Apricot Oil Market
- SWOT Analysis of Global Apricot Oil Market
- Global Apricot Oil Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Apricot Oil Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Apricot Oil Market
7. Global Apricot Oil Market, By Application (USD Million) 2021-2034
7.1. Food & Beverage
7.2. Pharmaceutical
7.3. Cosmetics
7.4. Healthcare
7.5. Others
8. Global Apricot Oil Market, By Distribution Channel (USD Million) 2021-2034
8.1. Online
8.2. Offline
9. Global Apricot Oil Market, (USD Million) 2021-2034
9.1. Global Apricot Oil Market Size and Market Share
10. Global Apricot Oil Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11. Company Profile
11.1. AMD Oil Sales LLC
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Aura Cacia
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Forest Essentials
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Frontier Natural Products Co-op
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Greenwood Essencial
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Hobe Labs
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Life-Flo
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Natures Alchemy
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Now Foods
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Starwest Botanicals
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
