Avocado Oil Market, By Product Type (Virgin Oil, Extra Virgin Oil, Refined Oil, and Blend), By Application (Personal Care Products, Cooking, Medicinal Products, and Others), By Distribution Channel (Hypermarkets, Supermarkets, Specialty Stores, Convenienc

Avocado Oil Market, By Product Type (Virgin Oil, Extra Virgin Oil, Refined Oil, and Blend), By Application (Personal Care Products, Cooking, Medicinal Products, and Others), By Distribution Channel (Hypermarkets, Supermarkets, Specialty Stores, Convenience Stores, and Others), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Avocado oil is a monounsaturated oil extracted from the avocado fruit. Avocado fruit consist of around 30% of oil mainly composed of omega 9 fatty acid and oleic acid. Increasing inclination among consumers towards the use of avocado oil due to its high nutrient contents is driving growth of the market. The high smoke point of avocado is one of the factor contributing towards the growth of avocado oil market. The higher smoke point refers to the temperature at which an oil starts to burn and smoke and is considered to stop overheating of an oil as overheating may destroy beneficial nutrients present in the refined oil. Avocado can control cholesterol level, psoriasis, and osteoarthritis are some of the health benefits associated with avocado which makes it useful for people suffering from cardiovascular diseases. The flavored and natural oil blends avocado oil is one of the trend in the avocado oil market. It is usually blended with safflower oil, coconut oil, shea butter, and almond oil. Avocado oil is heat stable and is one of the ideal option for cooking at high temperatures, driving the market growth.

Market Dynamics

According to Coherent Market Insights in 2021, North America is expected to hold dominant position in the global avocado oil market over the forecast period. This is mainly owing to increasing awareness related to healthy lifestyle and growing chronic diseases such as cancer, diabetes, asthma and Chronic Obstructive Pulmonary Disease (COPD). The standards have been proposed in Europe, to ensure that the sold avocado oil is of good quality in terms of composition, sensory, and other properties. The standards are important for cold pressed avocado oil, due to its production and culinary consumption, with its distinctive flavor is increasing worldwide. The avocado flesh must be free form pest, damage caused by low temperature, clean and free from any foreign matter are some of the minimum requirements as proposed in UNECE (United Nations Economic Commission for Europe) standards in 2020.

Plant-based personal care and cosmetic products are becoming increasingly popular among consumers. Growing awareness of the possible side effects of hazardous chemicals is a crucial aspect driving the sales of plant-based personal care and cosmetic products. Avocado oil shines out as a good ingredient for usage in the creation of personal care and cosmetic products. Avocado oil penetrates the skin efficiently and has strong healing properties. Moreover, avocado oil is high in oleic acid and monosaturated fats, making it an excellent ingredient for hair care treatments. Such dermatological advantages are anticipated to raise the demand for avocado oil in the cosmetic and personal care industry.

Key features of the study:

• This report provides in-depth analysis of global avocado oil market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global avocado oil market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Sesajal S.A. de C.V., Olivado, Grupo Industrial Batellero S.A. de C.V, YASIN, Tron Hermanos SA de CV, The Village Press, Bella Vado, Chosen Foods LLC, and Storino's Quality Products.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
• The global avocado oil market report caters to various stakeholders in this industry including investors, suppliers, extruded aluminum profiles manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global avocado oil market

Detailed Segmentation:

• Global Avocado Oil Market, By Product Type:
• Virgin Oil
• Extra Virgin Oil
• Refined Oil
• Blend
• Global Avocado Oil Market, By Application:
• Personal Care Products
• Cooking
• Medicinal Products
• Others
• Global Avocado Oil Market, By Distribution Channel:
• Hypermarkets
• Supermarkets
• Specialty Stores
• Convenience Stores
• Others
• Global Avocado Oil Market, By Region:
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Italy
• France
• Spain
• Russia
• Rest of Europe
• Latin America
• Brazil
• Argentina
• Mexico
• Rest of Latin America
• Asia Pacific
• China
• India
• Japan
• ASEAN
• South Korea
• Australia
• Rest of Asia Pacific
• Middle East & Africa
• Middle East
• Africa
• Company Profile
• Sesajal S.A. de C.V. *
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Olivado
• Grupo Industrial Batellero S.A. de C.V.
• Yasin
• Tron Hermanos SA de CV
• The Village Press
• Bella Vado
• Chosen Foods LLC
• Storino's Quality Products

“*” marked represents similar segmentation in other categories in the respective section