Argan Oil Market Size is anticipated to reach USD 427.05 million by 2030, registering a CAGR of 20.38% during 2022-2030 By 2031, cosmetic-grade argan oil will account for almost 80% of the market. Argan oil is a kind of oil obtained from argan trees, mostly found in Morocco's arid and semi-arid regions. Argan oil is divided into two varieties based on how it is extracted: culinary argan oil plus cosmetic argan oil. The constant rise in demand for high-end beauty products has resulted in a global increase in argan oil usage. Consumer desire for organic herbal items over fake chemical products is also propelling the growth of argan oil across areas.