The global sweet almond oil market is driven by increasing demand for natural, organic, and healthy food products, as well as the growing use of sweet almond oil in skincare and haircare products. The health benefits associated with sweet almond oil, such as its anti-inflammatory, anti-oxidant, and anti-aging properties, have also contributed to its popularity. In addition, the rise in vegan and gluten-free diets has boosted the demand for plant-based products like sweet almond oil. However, the high cost of production, limited supply, and fluctuating prices of raw almonds may hamper market growth.
Some of the key players operating in the Sweet Almond Oil market include Blue Diamond Growers, Caloy, Inc., Ecomil, Gustav Heess GmbH, Jedwards International, Inc., Liberty Vegetable Oil Company, and Proteco Oils. The market is also seeing the emergence of small-scale, niche producers offering organic, cold-pressed, and non-GMO sweet almond oil.
Major Players in the Sweet Almond Oil Industry:
1. Now Health Group
Founded in 1968, Now Health Group is a global supplier of natural and organic health and wellness products, including sweet almond oil. Its headquarters is located in Bloomingdale, Illinois, USA. The company operates in over 60 countries worldwide, including the United States, Canada, China, and the United Kingdom. In June 2021, Now Health Group announced the launch of a new line of organic, cold-pressed, and unrefined sweet almond oil, designed for use in culinary applications and as a natural moisturizer for skin and hair.
2. Blue Diamond Growers, Inc.
Founded in 1910, Blue Diamond Growers is the world's largest almond processing and marketing company, headquartered in Sacramento, California, USA. The company operates in over 80 countries worldwide, offering a wide range of almond products, including sweet almond oil. In August 2021, Blue Diamond Growers announced the expansion of its organic almond product line, which includes organic sweet almond oil, to meet the growing demand for natural and organic products.
3. Provital Group
Founded in 1979, Provital Group is a Spanish company that specializes in the development and production of active ingredients for the cosmetic industry, including sweet almond oil. Its headquarters is located in Montcada i Reixac, Barcelona. The company operates in over 90 countries worldwide, including the United States, Japan, and South Korea. In November 2021, Provital Group launched a new line of natural and organic skincare products, featuring sweet almond oil as a key ingredient, aimed at providing anti-aging, moisturizing, and nourishing benefits for the skin.
4. La Tourangelle, Inc.
Founded in 2002, La Tourangelle is a Californian company that specializes in artisan oils, including sweet almond oil, for cooking, baking, and beauty. Its headquarters is located in Berkeley, California, USA. The company operates in over 40 countries worldwide, including France, Japan, and Australia. In September 2021, La Tourangelle announced the launch of a new line of organic, non-GMO, and gluten-free culinary oils, including organic sweet almond oil, to meet the growing demand for healthier cooking oils.
5. ESI S.p.A.
Founded in 1975, ESI S.p.A. is an Italian company that specializes in the development and production of natural and organic supplements, cosmetics, and medical devices, including sweet almond oil. Its headquarters is located in Albese con Cassano, Como. The company operates in over 50 countries worldwide, including the United States, China, and the United Kingdom. In January 2022, ESI S.p.A. announced the launch of a new line of organic and vegan cosmetics, featuring sweet almond oil as a key ingredient, aimed at providing nourishing and moisturizing benefits for the skin.
6. Plimon, S.L.
Founded in 1975, Plimon is a Spanish company that specializes in the production and distribution of natural and organic cosmetics, including sweet almond oil. Its headquarters is located in Alcoy, Alicante. The company operates in over 20 countries worldwide, including Spain, France, and Germany. In March 2022, Plimon announced the launch of a new line of organic and sustainable cosmetics, featuring sweet almond oil as a key ingredient, aimed at providing moisturizing, regenerating, and antioxidant benefits for the skin.
Definition- Sweet almond oil is a carrier oil extracted from the kernels of sweet almonds. It is commonly used in cosmetics and skincare products due to its moisturizing and emollient properties.
