The avocado oil market was valued at US$ 669.5 Million in 2018 and is projected to reach US$ 1,452.2 Million by 2027; it is expected to grow at a CAGR of 9.1% from 2019 to 2027.
Avocado oil is edible oil produced from the fruits of Persea Americana plant.It is used in various food recipes, salad dressings, bakery items, and sweet and savory snacks. The oil is also used in personal care and cosmetics products owing to its moisturizing and regenerative properties.
In 2018, North America contributed to the largest share in the global avocado oil market. The market boom in this region is attributed to the highly evolved retail structure and increased preference for avocado oil due to the rise in prevalence of obesity and heart diseases. Additionally, rise in consumer spending on dietary food and cosmetics add to the popularity of avocado oil in this region. The North America avocado oil market is characterized by the presence of many small and large companies, such as Avocado Health Limited, LA Tourangelle, Inc., and Madana Inc.
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- Aconcagua Oil & Extract S.A
- Avocado Health Limited
- BELLA VADO, INC
- CROFTS ltd
- La Tourangelle, Inc
- Mevi Avocados, Inc
- Olivado USA
- Sesajal S.A. de C.V
- Spectrum Organics Products, LLC (Hain Celestial Group, Inc.)
Avocado Oil Market Segmentation:
- Extra Virgin Oil
- Food and Beverages
By Distribution Channel:
- Hypermarkets and Supermarkets
- Specialty Stores
- Online Stores
Heath Benefits Associated with Avocado Oil:
Avocado oil is also high on antioxidants and healthy fats. ~70% of avocado oil consists of heart-healthy oleic acid, i.e., monounsaturated omega-9 fatty acid. Various studies show that avocado oil helps in reducing blood pressure and blood cholesterol levels. It is a rich source of lutein, a carotenoid naturally found in human eyes. Thus, the consumption of this oil improves eye health and lowers the risk of acquiring age-related eye diseases. A recent study found that adding avocado oil to a salad with carrots, romaine lettuce, and spinach, enhances the absorption of carotenoids in the human body. Studies have found avocado extracts, called avocado unsaponifiables, may reduce the pain and stiffness associated with osteoarthritis. It is especially beneficial for people suffering from hip and knee osteoarthritis. S. According to a study in bone cells and periodontal tissue, avocado unsaponifiables may block a protein called IL1B. This protein promotes inflammation and is the main driver of tissue destruction and bone loss in gum disease.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Avocado Oil Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Avocado Oil Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Major Features of Avocado Oil Market Report:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Avocado Oil market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global Avocado Oil market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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