According to our latest market concentrate on "Global Avocado Oil Market to 2027 - COVID-19 Impact and Global Forecast Analysis by Type (Extra Virgin, Virgin, Refined, and Blends); Nature (Organic, Conventional); Variety (Hass, Pinkerton, Fuerte, Gwen, and Others); Application (Food and Beverages, Pharmaceuticals, Cosmetics, and Others); Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, Online Stores, and Others), and Geography,"the marketaccounted for US$ 669.5 million in 2018 and is expected to grow at a CAGR of 9.1% during 2019-2027 to reach US$ 1,452.2 million by 2027. The report highlightskey factors driving the market growth and prominent players along with their developmentsin the market.
Avocado oil is consumable item used in various food recipes, salad dressings, bakery things, and sweet and savory snacks. It is also used in personal care and cosmetics items owing to its moisturizing and regenerative properties. The oil has high monounsaturated fat and low saturated fat substance, and it is liberated from cholesterol. Avocado oil is profoundly liked by individuals with diabetes as regular utilization of this oil assists lower with lowing thickness lipid (LDL), i.e., bad cholesterol, levels. Avocado oil is high in vitamin E and potassium, which keep the veins healthy by eliminating free radicals. The utilization of food prepared using avocado oil also alters the degrees of essential fatty oils in kidneys.
Avocado oil is gaining high traction because of the rising awareness about its health benefits. This 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 examinations show that avocado oil assists in reducing with blooding strain and blood cholesterol levels. It is a rich wellspring of lutein, a carotenoid naturally tracked down in human eyes. Thus, the utilization of this oil further develops eye health and brings down the risk of acquiring age-related eye diseases. A new report tracked down that adding avocado oil to a salad with carrots, romaine lettuce, and spinach, enhances the absorption of carotenoids in the human body.
The global avocado oil marketis concentrated with a few well-established players; these companiesare Aconcagua Oil & Extract S.A.;Avocado Health Limited;Crofts Ltd, Bella Vado, Inc.;La Tourangelle, Inc.;Madana Inc.;Mevi Avocados, Inc;Olivado USA;Sesajal S.A de C.V.; and Spectrum Organics Products, LLC (Hain Celestial Group, Inc.); among others.
The report segments the global avocado oilmarket as follows:
By Type
- Extra virgin oil
- Virgin
- Refined
- Blends
By Nature
- Organic
- Conventional
By Variety
- Hass
- Pinkerton
- Fuerte
- Gwen
- Others
By Application
- Food &Beverages
- Pharmaceuticals
- Cosmetics
- Others
By Distribution Channel
- Hypermarkets and Supermarkets
- Specialty Stores
- Online Stores
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Italy
- UK
- France
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Middle East &Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
