Almond Oil Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Product Type (Sweet Oil, Bitter Oil), By Sales Channel (Supermarket/Hypermarket, Convenience Stores, Online, Others), By Region & Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 1.42 Billion
CAGR (2026-2031)	12.71%
Fastest Growing Segment	Online
Largest Market	North America
Market Size (2031)	USD 2.91 Billion

Market Overview

The Global Almond Oil Market will grow from USD 1.42 Billion in 2025 to USD 2.91 Billion by 2031 at a 12.71% CAGR. Almond oil is a nutrient-dense vegetable oil extracted from Prunus dulcis kernels, distinguished by its high vitamin E content and extensive utility in personal care products. The primary driver supporting market growth is the rising inclination toward plant-based ingredients in cosmetic formulations, where the oil is prized for its hydration and stability benefits. Additionally, the expanding consumption of functional foods rich in monounsaturated fats reinforces the demand for almond oil in the culinary sector.

However, the market faces a substantial hurdle regarding raw material supply volatility caused by climatic fluctuations in key production regions. According to the International Nut and Dried Fruit Council, in 2025, global almond production was projected to grow by 2 percent, a modest increase that underscores the tightness of supply relative to industrial demand. This limited availability of the primary feedstock creates price instability, which poses a significant barrier to consistent market expansion and widespread commercial accessibility.

Key Market Drivers

The surging demand for natural and organic ingredients in personal care products is a primary force propelling the Global Almond Oil Market. Consumers are increasingly rejecting synthetic additives in favor of botanical alternatives, driving cosmetic manufacturers to incorporate almond oil for its superior emollient and anti-aging properties. This trend is evident in the financial performance of major beauty brands that emphasize plant-based formulations. According to L'Occitane International S.A., June 2024, in the 'Annual Results Announcement for the Year Ended 31 March 2024', the group recorded net sales of 2.54 billion euros, a 19.1 percent increase from the previous year, reflecting the robust commercial appetite for premium natural beauty products.

Rapid urbanization and increasing disposable income in emerging economies are significantly amplifying market volume, particularly in the Asia-Pacific region. As middle-class populations expand, there is a heightened capacity to purchase high-value health products and nutritional oils, leading to record-breaking import levels in key markets. According to the Almond Board of California, August 2024, in the 'July 2024 Position Report', almond exports to India increased by 21 percent year-over-year, surpassing 400 million pounds due to strengthening local demand. To meet this escalating global requirement, producers are striving to maximize yield efficiency. According to the USDA National Agricultural Statistics Service, July 2024, in the '2024 California Almond Objective Measurement Report', the 2024 almond crop production was forecast at 2.80 billion meat pounds, ensuring a substantial feedstock base for oil extraction.

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Key Market Challenges

The Global Almond Oil Market is significantly hampered by raw material supply volatility resulting from climatic fluctuations. This environmental unpredictability leads to erratic harvest yields, which restricts the consistent availability of almond kernels required for oil extraction. Consequently, manufacturers face severe challenges in maintaining steady feedstock inventories, directly triggering price instability throughout the supply chain. This volatility prevents suppliers from guaranteeing delivery schedules or stable costs, thereby discouraging long-term adoption by large-scale cosmetic and culinary manufacturers who rely on predictable input availability to maintain their own production standards.

The severity of this feedstock constraint is evident in recent agricultural data. According to the Almond Board of California, in 2024, total almond acreage in the state declined for the third consecutive year, dropping by approximately 40,000 acres to reach 1.52 million acres. This sustained reduction in the cultivation area of the world’s primary production region underscores a structural tightening of supply relative to demand. As the primary raw material becomes scarcer and more expensive to source, the resulting cost surges act as a direct barrier to market expansion, limiting commercial accessibility and dampening overall growth prospects.

Key Market Trends

Almond oil is increasingly being utilized as a functional ingredient in health-focused food products, such as keto-friendly snacks and plant-based dairy alternatives, due to its high monounsaturated fat content. Formulators are capitalizing on the oil's neutral flavor and stability to create nutrient-dense innovations that align with modern dietary trends like the ketogenic and paleo diets. This expansion into the culinary sector is evidenced by the sheer volume of product development leveraging almond derivatives to meet specialized nutritional demands. According to the Almond Board of California, December 2024, in the '2024 State of the Almond Industry' report, almond ingredients were included in 14,000 new food products globally in 2023, underscoring the ingredient's versatility beyond traditional confectionery.

Brands are aggressively launching products with specific "free-from" claims and third-party certifications to differentiate from conventional oils and cater to the clean beauty movement. This trend drives manufacturers to overhaul their branding and visual identities to communicate purity, sustainability, and health benefits directly to discerning shoppers. The strategic pivot towards transparent, health-centric messaging is becoming a critical competitive advantage for major industry players seeking to retain market share. According to Blue Diamond Growers, September 2025, in the 'Blue Diamond Almonds Creates Bold New Look with First Rebrand in Over 20 Years' press release, the cooperative utilized insights from over 7,000 consumers to realign their visual identity with the evolving priorities of health-conscious buyers.

Segmental Insights

The online distribution channel represents the fastest-growing segment in the global almond oil market. This expansion is driven by increasing internet penetration and smartphone usage, which provide consumers with convenient access to digital marketplaces. Shoppers increasingly prefer online platforms due to the ability to conduct extensive price comparisons and access a broader variety of organic and cosmetic-grade almond oil options often unavailable in physical stores. Additionally, improved logistics and efficient home delivery services offered by major e-commerce retailers significantly enhance consumer convenience, further stimulating demand through digital sales channels.

Regional Insights

North America currently maintains a leading position in the global almond oil market, primarily driven by substantial domestic production capabilities within the United States. As the world's largest almond producer, the region benefits from a reliable supply chain that supports extensive manufacturing of cosmetic and culinary oils. Furthermore, rising consumer preference for organic and natural ingredients in personal care products fuels regional demand. Stringent quality monitoring by agencies such as the United States Department of Agriculture ensures adherence to safety standards, thereby sustaining market expansion and consumer confidence.

Recent Developments

• In October 2024, Blue Diamond Growers highlighted the development of Virgin Almond Oil as a significant addition to its ingredient portfolio in its annual report. This new product was created to complement the cooperative's existing refined, bleached, and deodorized almond oil offerings, specifically targeting the evolving needs of the food and cosmetic industries. The organization emphasized that the virgin almond oil provides a cleaner flavor profile and retains more natural characteristics, aligning with the global trend towards minimally processed ingredients. This development underscored the cooperative's continued investment in research and innovation to maximize the value of its almond crop.
• In August 2024, Marico Ltd. expanded its value-added hair oil portfolio in India by launching the "Hair & Care Oil in Serum," a product that integrates the nourishment of almond oil with the styling benefits of a serum. The company designed this innovative formulation to address consumer needs for frizz control and hair manageability without the stickiness associated with traditional oils. The product was initially rolled out in key regional markets, including West Bengal and the Northeast, as part of a targeted distribution strategy. This launch highlighted the company's focus on modernizing traditional hair oil formats to appeal to younger consumers seeking functional benefits.
• In May 2024, L'Occitane en Provence expanded its popular almond-based personal care portfolio with the introduction of the Almond Shower Cream. Designed to complement the brand’s best-selling shower oil, this new product features omega-rich sweet almond oil sourced from the Mediterranean basin and Provence. The formulation was developed to offer a whipped, creamy texture that cleanses and softens the skin, catering to consumers who seek the nourishing properties of almond oil in a different format. Industry observers noted that this launch reinforced the brand's strategy of leveraging its signature almond ingredients to drive innovation within the competitive premium body care market.
• In February 2024, SunnyGem, a leading vertically integrated supplier of California almonds, announced the release of SunnyGem Almond Oil, marking the company's first foray into the consumer retail market. The product was launched nationwide at Publix stores, positioning it as a premium specialty oil for home cooks. The company utilized a cold-pressing method to produce 100% virgin almond oil, ensuring that the oil retains its natural flavor and nutritional content, including vitamin E and essential fatty acids. This strategic move allowed the company to diversify its operations beyond the wholesale ingredient sector by directly addressing consumer demand for healthy, minimally processed cooking oils.

Key Market Players

• Caloy Company, LP.
• Blue Diamond Growers
• Jiangxi Baicao Pharmaceutical Co., Ltd.
• Bajaj Consumer Care Ltd.
• Dabur India Limited
• Frontier Cooperative
• Ashwin Fine Chemicals & Pharmaceuticals
• Aos Products Private Limited
• Nature's Truth, LLC
• The Hain Celestial Group, Inc.

By Product Type	By Sales Channel	By Region
Sweet Oil Bitter Oil	Supermarket/Hypermarket Convenience Stores Online Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Almond Oil Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Almond Oil Market, By Product Type:

• Sweet Oil
• Bitter Oil

• Almond Oil Market, By Sales Channel:

• Supermarket/Hypermarket
• Convenience Stores
• Online
• Others

• Almond Oil Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE