Almond Oil - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

The almond oil market size was USD 2.2 billion in 2025 and is forecast to reach USD 3.6 billion by 2031, growing at an 8.75% CAGR from 2026 to 2031. This report is Segmented by Product Type (Sweet Almond Oil, Bitter Almond Oil, Others), Extraction Method (Cold Pressing, Expeller-Pressing, Others), Application (Personal Care and Cosmetics, Pharmaceuticals and Nutraceuticals, Food and Beverages, Others), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Global Almond Oil Market Trends and Insights

Rising Preference for Natural and Plant-Based Ingredients

Consumer demand for plant-derived, minimally processed ingredients is now embedded in purchasing behavior across income segments rather than confined to premium channels. Almond oil sits at the intersection of this shift, it is simultaneously a cosmetic emollient, a dietary fat, and a pharmaceutical excipient, giving it cross-sector reach that few botanical oils can match. The Almond Board of California confirmed that almonds appeared in over 9,000 new products in 2024/25 alone, a figure that includes food, beverage, and personal care formulations. This breadth signals a demand structure resilient to category slowdowns; even as healthy snacking softened in the United States, ingredient-level use sustained volume. The compounding effect of plant-based positioning and multi-application versatility makes this driver the single largest contributor to the market's forecasted CAGR.

Strong Demand in Natural Personal Care Formulations

Cosmetics Europe reported that the European personal care market exceeded EUR 96 billion (approximately USD 105 billion) in retail sales in 2024, sustaining ingredient demand for botanical oils across mass and luxury segments. Almond oil benefits disproportionately because its light texture, non-comedogenic profile, and vitamin E content satisfy formulation requirements across an unusually wide product range, from baby care to anti-aging serums. A critical second-order dynamic is that tightening EU Cosmetics Regulation updates, including Commission Regulation (EU) 2024/996 restricting synthetic endocrine-active substances and Regulation (EU) 2024/858 banning certain nanomaterials from February 2025, are effectively narrowing the pool of permitted synthetic alternatives. This regulatory influence accelerates reformulation toward natural actives, positioning almond oil as a compliant, well-documented substitute across multiple functional categories.

Raw Material Supply Volatility

California accounts for approximately 80% of global almond supply, and water access constraints under the SGMA are creating structural, rather than cyclical, supply risk. California's total almond acreage declined for the fourth consecutive year in 2025, with new plantings also falling; orchards without access to surface water are experiencing yield declines and potential abandonment, as documented by Tridge's market intelligence and confirmed by the International Nut and Dried Fruit Council's 2024/25 position report. Even a near-record harvest forecast for 2025, with USDA estimating approximately 3 billion meat pounds, did not remove volatility risk; almond prices dropped nearly 20% after the USDA Objective Measurement Report was released, only to be questioned for accuracy by industry operators. For almond oil buyers, this environment translates into procurement planning challenges, margin pressure during tight-supply years, and growing interest in multi-origin sourcing that includes Australian and Mediterranean supply lanes.

Other drivers and restraints analyzed in the detailed report include:

• Anti-Inflammatory and Skin-Soothing Positioning
• Expansion of Nutraceutical and Dietary Supplement Use
• Risk of Adulteration and Counterfeit Products

Segment Analysis

Sweet Almond Oil held 78.6% of the almond oil market share in 2025. Its leading position reflects use across skincare, hair care, baby care, massage products, and essential-oil blends. The oil’s vitamin E content and formulation flexibility support this broad role. Blue Diamond Growers introduced Virgin Almond Oil in 2024 as a cold-pressed, minimally processed ingredient for food and cosmetic uses. The launch shows that suppliers are addressing premium demand within the sweet almond category. Other variants include organic, Californian, and Nonpareil almond oils that serve smaller certified-organic and origin-specific channels.

Bitter Almond Oil is projected to grow at a 10.1% CAGR from 2026 to 2031. Its uses differ from those of sweet almond oil because benzaldehyde requires stricter handling and regulatory controls. The oil is used mainly in flavoring applications, including confectionery and macarons, and in selected pharmaceutical intermediates. These requirements limit broader cosmetic use. Producers that meet flavoring-grade purity standards and European food-safety requirements can serve a more specialized customer base. Confectionery demand in China, Turkey, and Morocco, along with pharmaceutical synthesis, supports the segment’s growth outlook.

Complete Report Scope:

• By Product Type
  • Sweet Almond Oil
  • Bitter Almond Oil
  • Others
• By Extraction Method
  • Cold Pressing
  • Expeller-Pressing
  • Others
• By Application
  • Personal Care and Cosmetics
  • Pharmaceuticals and Nutraceuticals
  • Food and Beverages
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • United Kingdom
    • Italy
    • France
    • Spain
    • Netherlands
    • Poland
    • Belgium
    • Sweden
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • South Korea
    • Thailand
    • Singapore
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Chile
    • Peru
    • Rest of South America
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • Egypt
    • Morocco
    • Turkey
    • Rest of Middle East and Africa

Geography Analysis

North America held 33.7% of the almond oil market share in 2025. California’s cultivation, pressing, refining, and branded-product activities provide an integrated supply base. This structure can reduce logistics steps and speed product specification changes. Blue Diamond Growers reported expanding distribution in Canada and new beverage partnerships in Japan during 2025. The cooperative also reported growth activity in India, Turkey, and the UAE. U.S. clean-label expectations and California transparency requirements raise the importance of supplier documentation and chain-of-custody systems.

Asia-Pacific is forecast to grow at a 10.3% CAGR through 2031. The supplied draft stated that India received 423 million pounds, or 192,000 MT, of almonds in 2024/25, up 6% from the prior year. Ayurvedic wellness practices support hair and skin oil use in India. Dabur and Bajaj Consumer Care have developed almond-oil product franchises in this setting. South Korean formulators use almond oil in mild products for sensitive skin. China’s cross-border e-commerce channels give consumers access to premium cold-pressed variants, while Australia combines almond production with traceability standards.

Europe was the second-largest geographic segment in the supplied draft and relies on established cosmetic formulation activity. France, Germany, and Italy are major demand centers for premium emollient applications. The cosmetic rules on nanomaterials and listed endocrine-disrupting substances support demand for documented natural ingredients. South America, the Middle East, and Africa remain smaller but developing areas for the almond oil market. Brazil’s personal care sector and organized retail in South Africa and the UAE support demand. Adulteration concerns remain more severe in informal supply channels across parts of the Middle East and Africa.

List of Companies Covered in this Report:

• AAK AB
• AOS Products Private Limited
• Ashwin Fine Chemicals and Pharmaceuticals
• Bajaj Consumer Care Ltd.
• Blue Diamond Growers, Inc.
• Caloy Company, LP
• Croda International Plc
• Dabur India Ltd.
• Eden Botanicals
• ESI S.p.A.
• Flora Manufacturing and Distributing Ltd.
• Frontier Co-op
• Gustav Heess GmbH
• Henry Lamotte Oils GmbH
• Jiangxi Baicao Pharmaceutical Co., Ltd.
• Jiangxi Xuesong Natural Medicinal Oil Co., Ltd.
• Liberty Vegetable Oil Company
• Mountain Ocean Ltd.
• NOW Health Group, Inc.
• Proteco Oils

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support