Global Avocado Oil Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Avocado oil is edible oil pressed from the fruit of the avocado. As food oil, it is used as an ingredient in other dishes, and as cooking oil. It is also used for lubrication and in cosmetics, where it is valued for its supposed regenerative and moisturizing properties.
Market Overview:The latest research study on the global Avocado Oil market finds that the global Avocado Oil market reached a value of USD 204.93 million in 2022. It’s expected that the market will achieve USD 214.38 million by 2028, exhibiting a CAGR of 0.75% during the forecast period.
Market Drivers and Opportunities
According to the report, one of the major drivers for this market is downstream application. As people's living standards improve, they pay attention to their food, skin care and so on. Especially with people's pursuit of beauty, they are willing to spend more on skin care products, on cosmetics. Oils that are mainly used in these two aspects, so it will have a better market prospect.
Region Overview:Mexico had the highest growth rate of all regions.
Company Overview:Sesajal, Yasin, Bella Vado, Chosen Foods and Grupo Industrial Batellero are the five key players in the global Avocado Oil market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Avocado Oil market in the past 5 years.
Sesajal
More than 30 years ago the founder had the vision to offer the national and international market products derived from oil seeds of the highest quality, made with raw materials grown in Mexico.
They offer personal development programs to improve the quality of life of our employees and their families.
NOBEL FOODS is a food company with an international scope, dedicated to the development of genuine and natural food products.
Segmentation Overview:Among different product types, Refined Avocado Oil segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Edible Oil segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Avocado Oil market covered in Chapter 3:Olivado
Da Gama Avocado Oil
Yasin
Westfalia
Bio Planete
Chosen Foods
La Tourangelle
Sesajal
Grove Avocado Oil
Hain Celestial Group
Kevala
Cate de mi Corazón
Tron Hermanos
Avoolio
Aconcagua Oil & Extract
Ahuacatlan Avocado Oil
Proteco Oils
Bella Vado
Village Press
AvoPure
Grupo Industrial Batellero
In Chapter 4 and Chapter 14.2, on the basis of types, the Avocado Oil market from 2018 to 2029 is primarily split into:Refined Avocado Oil
Extra Virgin Avocado Oil
Crude Avocado Oil
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Avocado Oil market from 2018 to 2029 covers:Edible Oil
Cosmetics & Skin Care Products
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)