Morocco Argan Oil Market Report Scope & Overview:

Morocco Argan Oil Market was valued at USD 234.92 billion in 2025E and is expected to reach USD 1057.47 billion by 2032, growing at a CAGR of 20.81% from 2026-2033. 

The Morocco Argan Oil Market is growing rapidly due to increasing global demand for natural, organic, and chemical-free products in cosmetics, hair care, and food applications. Rising consumer awareness of the oil’s health and skincare benefits, coupled with the expansion of specialty stores and e-commerce channels, drives higher adoption. Additionally, sustainable production practices and export opportunities from Morocco support consistent market growth and revenue expansion during this period.

• According to research (e‑xport Morocco), Morocco produces between 4,000 and 6,000 tonnes of argan oil per year, with exports fluctuating between about 1,000 and 1,500 tonnes annually.

Morocco Argan Oil Market Size and Forecast

• Market Size in 2025: USD 234.92 Billion

• Market Size by 2033: USD 1057.47 Billion

• CAGR: 20.81% from 2026 to 2033

• Base Year: 2025E

• Forecast Period: 2026–2033

• Historical Data: 2022–2024

Morocco Argan Oil Market Trends

• Rising global demand for natural and organic beauty products is driving the Morocco argan oil market.

• Growing use in skincare, haircare, and cosmetic formulations is boosting market growth.

• Expansion of edible and nutraceutical applications is fueling market adoption beyond cosmetics.

• Advancements in cold-pressing and purification technologies are improving oil quality and shelf life.

• Increasing awareness of sustainable and ethically sourced ingredients is shaping consumer preferences.

• Supply constraints due to geographic and climatic limitations are influencing production and pricing.

• Collaborations between Moroccan producers, international cosmetic brands, and distributors are accelerating market reach and innovation.

Morocco Argan Oil Market Growth Drivers:

• Rising global demand for natural cosmetic and skincare products boosting Morocco Argan Oil market growth across international beauty sectors

Increasing consumer preference for organic, natural, and chemical-free cosmetic products is driving the growth of the Morocco Argan Oil market. The oil is widely used in skincare, haircare, and anti-aging products due to its high vitamin E and antioxidant content. Cosmetic and personal care companies are increasingly sourcing argan oil from Morocco to meet global consumer expectations. Growing awareness about natural remedies and eco-friendly products further accelerates demand. This trend is amplified by social media influencers and wellness campaigns promoting argan oil benefits, encouraging both domestic and international brands to expand production and distribution channels in Morocco.

Morocco Argan Oil Market Restraints:

• High production cost and limited argan tree yield restricting mass-scale supply of Morocco Argan Oil globally

Morocco argan oil production is labor-intensive, requiring manual extraction from argan tree kernels, which limits large-scale manufacturing. The slow growth of argan trees and seasonal harvest cycles constrain annual output, resulting in fluctuating supply levels. Small cooperatives dominate production, often lacking advanced machinery, further increasing production costs. These factors elevate retail prices, making Moroccan argan oil less competitive compared to other vegetable oils in price-sensitive markets. Additionally, inconsistent quality standards among local producers hinder bulk exports. This supply limitation restricts market expansion, particularly in emerging markets, where affordability and availability are critical for capturing larger consumer segments.

Morocco Argan Oil Market Opportunities:

• Technological advancements in extraction and processing creating high-quality, value-added products for Morocco Argan Oil market

Modern cold-pressing and refining technologies allow producers to enhance the quality, purity, and shelf-life of Moroccan argan oil. Advanced processing methods reduce impurities while maintaining nutritional and cosmetic benefits, enabling differentiation in competitive markets. Packaging innovations, traceability systems, and improved storage solutions also increase consumer confidence and product appeal. These advancements support scalability and higher production efficiency, allowing cooperatives and manufacturers to meet increasing global demand. Investment in research and development facilitates new product formulations such as argan oil blends and enriched variants for skincare, haircare, and functional foods, unlocking higher margins and long-term profitability for Moroccan argan oil businesses.

Morocco Argan Oil Market Segment Highlights

• By Application, Cosmetics and Personal Care dominated with ~50% share in 2025; Hair Care Products fastest growing (CAGR).

• By Distribution Channel, Specialty Stores dominated with ~41% share in 2025; Online Retail fastest growing (CAGR).

• By Grade, Cosmetic Grade dominated with ~57% share in 2025; Cosmetic Grade fastest growing (CAGR).

• By Form, Concentrate dominated with ~48% share in 2025; Concentrate fastest growing (CAGR).

Morocco Argan Oil Market Segment Analysis

By Application, Cosmetics and Personal Care Products segment dominated the Market, Hair Care Products are expected to grow at the fastest CAGR

Cosmetics and personal care products dominate the Morocco Argan Oil Market in 2025 due to rising consumer preference for natural, organic, and anti-aging skincare solutions. High demand for moisturizing creams, serums, and lotions enriched with argan oil, along with increased awareness of its antioxidant and skin-nourishing properties, drives strong sales and positions this segment as the market leader.

Hair care products are expected to grow at the fastest CAGR from 2026 to 2033 because of increasing demand for natural, chemical-free hair oils, shampoos, and conditioners. Argan oil’s ability to repair, nourish, and manage frizz makes it highly desirable in hair care formulations, encouraging both domestic and international brands to focus on product innovation and expand their hair care offerings.

By Distribution Channel, Specialty Stores segment dominated the Market, with Online Retail expected to grow at the fastest CAGR

Specialty stores dominate the Morocco Argan Oil Market in 2025 as consumers prefer curated, authentic, and premium-quality products offered in cosmetic boutiques and organic shops. Personalized service, product expertise, and trust in offline retail channels encourage higher sales. Consumers value the assurance of genuine argan oil products, driving the segment’s leading revenue performance in this period.

Online retail and e-commerce are expected to grow at the fastest CAGR from 2026 to 2033 due to increasing internet penetration and consumer convenience. Digital platforms enable global reach, targeted marketing, and easy access to Moroccan argan oil products. Rising adoption of online shopping and social media influence accelerates market penetration and boosts growth in this segment.

By Grade, Cosmetic Grade Argan Oil dominated the Market and is expected to grow at the fastest CAGR

Cosmetic grade argan oil dominates the Morocco Argan Oil Market in 2025 and is expected to grow at the fastest CAGR from 2026 to 2033 due to its high purity, quality, and suitability for skincare and hair care formulations. Increasing global demand for natural, organic, and anti-aging cosmetic products drives widespread adoption, while manufacturers focus on premium-grade oils to meet international standards, ensuring consistent revenue growth and reinforcing its dominance in both domestic and export markets during this period.

By Form, Concentrate Argan Oil dominated the Market in 2025 and is expected to grow at the fastest CAGR

Concentrate argan oil dominates the Morocco Argan Oil Market in 2025 and is expected to grow at the fastest CAGR from 2026 to 2033 due to its versatility and higher potency in cosmetic and therapeutic applications. Its concentrated form allows manufacturers to produce value-added formulations with enhanced efficacy, meeting growing consumer demand for natural, effective products. Rising awareness of health benefits and increased adoption in personal care and specialty products further contribute to its strong market performance and growth trajectory.

Morocco Argan Oil Market Regional Analysis

Souss-Massa in Morocco Argan Oil Market Insights

Souss-Massa dominated the Morocco Argan Oil Market with the highest revenue share of about 44% in 2025 due to its extensive argan tree plantations and well-established production ecosystem. The region hosts numerous cooperatives and experienced local producers ensuring consistent supply of high-quality argan oil. Strong export infrastructure, proximity to processing units, and long-standing expertise in harvesting and production enhance efficiency. These factors collectively position Souss-Massa as the leading revenue-generating region in Morocco, supporting both domestic consumption and international exports while maintaining market dominance during this period.

Essaouira in Morocco Argan Oil Market Insights

Essaouira is expected to grow at the fastest CAGR of about 23.31% from 2026 to 2033 due to rising investments in sustainable argan oil production and cooperative development. The region benefits from increasing global demand for certified organic argan oil and improved supply chain networks. Focus on quality certification, eco-friendly harvesting, and tourism-linked product promotion further enhances market visibility. These initiatives encourage rapid adoption of Essaouira-produced argan oil, making the region a key emerging hub in Morocco’s argan oil industry over this period.

Morocco Argan Oil Market Competitive Landscape:

OLVEA Morocco

OLVEA Morocco, part of the Olvea Group, is a leading producer and exporter of argan oil, serving cosmetics, personal care, and wellness markets globally. The company focuses on high-quality, sustainably sourced oils while scaling operations to meet growing international demand. OLVEA Morocco leverages advanced extraction and supply-chain practices to ensure consistent product quality. Its market position underscores the dominance of large-scale producers in Morocco’s argan-oil sector, shaping export trends and industry standards.

• 2025: OLVEA Morocco reportedly controls nearly 70% of Morocco’s argan-oil exports, highlighting large-player dominance and the marginalization of traditional cooperatives.

Zineglob

Zineglob is a Moroccan exporter and producer of organic argan oil, specializing in high-quality cold-pressed oils for cosmetics, wellness, and personal-care products. The company emphasizes sustainable sourcing, maintaining traceable supply chains while supporting traditional cooperatives. Zineglob focuses on environmental stewardship and quality control to meet international standards, leveraging expertise in extraction techniques and eco-friendly practices to strengthen its position in the competitive global argan-oil market.

Malak Bio Argane

Malak Bio Argane is a Moroccan cooperative-based producer of organic argan oil, serving local and international cosmetic and personal-care markets. The company prioritizes fair trade, supporting women-led cooperatives and sustainable harvesting practices. With a commitment to high-quality, eco-friendly production, Malak Bio Argane blends traditional extraction methods with modern quality control measures, strengthening its role in Morocco’s organic argan-oil industry and promoting social impact across rural communities.

Argane Aouzac

Argane Aouzac is a Moroccan producer of premium argan oil for cosmetics, personal care, and wellness sectors. The company emphasizes organic certification, quality extraction, and traceable supply chains, promoting sustainable forest management. By integrating traditional cooperative practices with modern production techniques, Argane Aouzac enhances product consistency and market credibility, while fostering rural development and environmental conservation in argan-growing regions of Morocco.

Organica Group

Organica Group, a Moroccan argan-oil producer and exporter, focuses on high-quality, certified organic oils for cosmetics, health, and wellness markets worldwide. The company invests in sustainable sourcing, cooperative partnerships, and eco-conscious extraction methods, ensuring product quality and environmental responsibility. Organica Group positions itself as a key player among Moroccan argan exporters, balancing market growth with social and ecological initiatives that benefit women cooperatives and support long-term forest preservation.

Key Players

Some of the Morocco Argan Oil Market Companies

• OLVEA Morocco

• Zineglob

• Malak Bio

• Argane Aouzac

• Organica Group

• Biopur

• Nadifi Argan

• La Maison de l’Arganier

• Les Bios d’Agadir

• ARGANisme Cosmetics

• ARGANBULK

• Argane-Oil

• Argane World Oil

• Oriental Group SARL AU

• Moroccan Beauty Secrets

• Purificados

• BioProGreen

• Grandever S.a.r.l

• Espace Parfums

• Alfakach Sarlau