- The market is witnessing a growing preference for plant-based and clean-label solutions among consumers, encouraging manufacturers to invest in product innovation and sustainable sourcing
- Increasing disposable income and wellness trends are further driving demand in emerging economies, particularly in Asia-Pacific and Latin America, where natural remedies and holistic health practices are gaining momentum
- North America dominated the bitter almond oil market with the largest revenue share in 2024, driven by the rising demand for plant-based and organic ingredients across personal care, food, and pharmaceutical applications
- Asia-Pacific region is expected to witness the highest growth rate in the global bitter almond oil market, driven by increasing consumer preference for herbal and natural remedies, a surge in skincare and wellness product demand, and expanding e-commerce platforms.
- The industrial grade segment held the largest market revenue share of 68.5% in 2024, driven by its extensive use in the cosmetic and pharmaceutical sectors. This type of oil is widely incorporated in products such as lotions, creams, soaps, and massage oils due to its emollient and anti-inflammatory properties. Manufacturers prefer industrial grade bitter almond oil for its cost-effectiveness and suitability for topical formulations. Its growing application in aromatherapy and wellness treatments is also supporting its dominance in the market
