According to IMARC Group’s latest report, titled "Avocado Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global market reached a value of US$ 519.5 Million in 2021. Looking forward, IMARC Group expects the global avocado oil market to reach US$ 770.9 Million by 2027, exhibiting at a CAGR of 6.6% during 2022-2027.
Avocado oil refers to the natural oil obtained from the pulp of the avocado plant. It is made up of the monounsaturated fatty acid omega-9, a heart-healthy oleic acid. Avocado oil is categorized into various types, such as extra virgin, blended, and refined. It is high in potassium and fiber, has good flavor, and is rich in texture. Avocado oil has an antioxidant, emollient, moisturizing, and toning effect that keeps the skin glowing and aids in reducing blemishes, dry skin, wrinkles, and acne. As a result, it finds widespread utilization across several sectors, including food and beverage (F&B), cosmetics, pharmaceutical, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The escalating awareness towards the nutritional and health benefits of this natural substance is among the primary factors driving the avocado oil market. Besides this, the elevating prevalence of various lifestyle disorders, such as obesity, diabetes, cardiovascular diseases (CVDs), etc., on account of the rising consumption of high-fat butter and other food items by individuals, is further augmenting the market growth. Apart from this, the inflating demand for nutritious ingredients in the everyday dietary habits of consumers, owing to the increasingly health-conscious population, is also catalyzing the global market. Moreover, the emerging trend of organic skin and personal care products utilizing avocado oil is acting as another significant growth-inducing factor. Furthermore, the growing product popularity in the medical sector, as it enhances digestion, supports weight reduction, improves heart health, carries out detoxification, etc., is anticipated to propel the avocado oil market over the forecasted period.
Avocado Oil Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
- Olivado Group
- Sesajal
- Grupo Industrial Batellero
- The Village Press
- Spectrum organics
- Bella Vado
- Chosen Foods LLC
Key Market Segmentation:
The report has segmented the global avocado oil market on the basis of product type, application, distribution channel and region.
Breakup by Product Type:
- Extra Virgin Oil
- Refined Oil
- Blends
- Others
Breakup by Application:
- Food and Beverages
- Cosmetics
- Pharmaceuticals
- Others
Breakup by Distribution Channel:
- Business to Business
- Business to Consumer
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Stores
- Others
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America.
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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The Avocado Oil Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.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.Get more information on "Global Avocado Oil Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/avocado-oil-market/download-sampleMarket DynamicsThe 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.
