The global demand for Avocado Oil Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Tons in 2021 and foreseen to touch XX Tons by 2027 with a CAGR of XX% during 2021-2027.
Avocado oil is extracted from the avocado fruit pulp and native to Central America. Over time, it has spread over to subtropical and temperate regions of the world as demand rises. Avocado fruit is grown for the fresh fruit market, for either domestic consumption or export purpose. Avocados have different varieties, of which ‘Hass’ and ‘Fuerte.’ Avocado oil is an edible oil accepted as an ingredient in dishes and as a cooking oil. Nutrient-rich avocado oil has different uses for salads or cooking and in cosmetics & skincare products. Avocados do not include sodium or cholesterol compared to the other cooking oils and offer various health advantages such as reducing blood fats and cholesterol levels.
The market has been primarily driven by the rising awareness of the nutritional and health benefits associated with avocado oil among consumers. Apart from this, driven by an increasing prevalence of various lifestyle disorders such as diabetes, obesity, cardiovascular disorders, etc. resulting from an increasing consumption of high fat butter and oils is further expected to increase the demand for healthy oils such as avocado oil. Moreover, rising demand of avocado oil in the healthcare industry is also expected to create a positive impact on the growth of the market. However, Avocado oils are marginally expensive, especially in developing countries, which is expected to hinder the adoption of avocado products.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of avocado oil.
The entire avocado oil market has been sub-categorized into product type, nature, variety and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Extra Virgin Avocado Oil
- Refined Avocado Oil
- Virgin Avocado Oil
- Blends Avocado Oil
- Personal Care Products
- Food and Beverages
This section covers regional segmentation which accentuates on current and future demand for avocado oil market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Avocado Oil Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the avocado oil market include Olivado Ltd., The Hain Celestial Group, Inc., Bella Vado Avocado Oil, Hans Merensky Holdings (Pty) Ltd., SESAJAL S.A. de C.V., Tron Hermanos, S.A. de C.V., Cibaria International Inc., Crofts Ltd., MADANA Inc., Proteco Oils. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.