Japan Argan Oil Market Size, Share, and COVID-19 Impact Analysis, By Type (Conventional and Organic), By Form (Absolute, Blend, and Concentrate), and Japan Argan Oil Market Insights, Industry Trend, Forecasts to 2035

Japan Argan Oil Market Insights Forecasts to 2035

• The Japan Argan Oil Market Size Was Estimated at USD 10.5 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 10.79% from 2025 to 2035
• The Japan Argan Oil Market Size is Expected to Reach USD 32.4 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the argan oil market is anticipated to reach USD 32.4 billion by 2035, growing at a CAGR of 10.79% from 2025 to 2035. The argan oil market in Japan is driven by various factors, including expanding use in the personal care and cosmetics industry, rising demand for organic skincare products, rising awareness of the health benefits of argan oil and technological advancements in extraction processes.

Market Overview

The argan oil is prepared by the process of extraction from the kernels of the argan tree. The argan oil is a great source of vitamin A and E, antioxidants, omega-6 fatty acids, and linoleic acid. They are available in various forms, including concentrated, absolute, and mixed. The argan oil has many health advantages, hence they are widely used in various industries, including personal care and cosmetics, medical, aromatherapy, and food. The argan oil is rich in antioxidants and moisturising properties, making it a favorable ingredient in skincare formulations. The people are becoming aware of the health benefits of argan oil for skin and hair health, and the demand for products with argan content is continuously rising. The rising demand for natural and organic skincare and personal care products is a key trend in this market. The rising trend of natural and organic skincare products presents an opportunity for premium skincare and haircare products that are integrated with argan oil.

Report Coverage

This research report categorizes the market for the Japan argan oil market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan argan oil market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan argan oil market.

Driving Factors

The rising shift towards natural and organic skincare products is the primary driver in the Japan argan oil market. Argan oil is well known for its moisturizing, enriching, and anti-inflammatory characteristics for which make it useful in various hair and skincare uses. The rising incidence of hair and skin problems, including acne, dermatitis, damaged & dry hair, and skin aging problems, is increasing globally, and has encouraged individuals to divert their attention from synthetic to natural personal care products. The argan oil has a high nutritional profile, hence they are widely used in dietary supplements and functional foods that contribute to the market growth.

Restraining Factors

The argan oil is prepared from the argan trees, which are native to specific regions, impacting the supply chain, which limits the market expansion. The argan oil production requires high cost, and it is time time-consuming process that further limits the market expansion.

Market Segmentation

The Japan argan oil market share is classified into type and form.

• The conventional segment accounted for the dominant share of the market in 2024 and is expected to grow at a rapid CAGR during the forecast period.

The Japan argan oil market is segmented by type into conventional and organic. Among these, the conventional segment accounted for the dominant share of the market in 2024 and is expected to grow at a rapid CAGR during the forecast period. This is due to the rising demand for cosmetics that contain argan oil. Conventional argan oil is used in edible as well as beauty care products.

• The absolute supplements segment held the highest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan argan oil market is segmented by form into absolute, blend, and concentrate. Among these, the absolute supplements segment held the highest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to rising demand for absolute forms of products in cosmetics, aromatherapy, and medical applications.

Competitive Analysis:  

The report offers the appropriate analysis of the key organizations/companies involved within the Japan argan oil market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Nutrition Act Co., Ltd.
• Naiad
• Mandom Corporation
• Ania
• Others

Recent Developments

• In January 2024, Kirin Holdings Company Limited acquired FANCL Crop for around USD 1.4 billion to enter the cosmetics and food supplements industry.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan argan oil market based on the below-mentioned segments:

Japan Argan Oil Market, By Type

• Conventional
• Organic

Japan Argan Oil Market, By Form

• Absolute
• Blend
• Concentrat