Market Overview:

Avocado oil is extracted from the Persea Americana fruit and is used as cooking oil, in cosmetics, and for lubrication, due to its moisturizing and regenerative properties. Avocado fruit is also known as butter pea or vegetable butter originated in Central America. Avocado oil consists high concentration of potassium, vitamins such as A, D, and E, and monounsaturated fats. Some of the properties of avocado oil are high smoke points to stop overheating of the oil and high monounsaturated fatty acids, fuel growth of the avocado oil market. Furthermore, increasing demand for healthy and natural foods is anticipated to fuel market growth. The reduction of cholesterol level, control of psoriasis, and osteoarthritis are some of the benefits associated with avocado oil that make it useful for the treatment of coronary heart disease, peripheral artery disease, and carotid artery disease, among others. Avocado is also used for the treatment of diabetes as it has a low glycemic index by controlling its blood sugar level.

The avocado oil market was valued at US$ 62.8 million in 2016 and is expected to expand at a CAGR of 12.27%, in terms of revenue, over the forecast period (2017–2025).

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Market Dynamics

North America is expected to hold a dominant position in the global avocado oil market over the forecast period. This is mainly owing to increasing awareness related to a 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 from pests, 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.

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

Some of the key players operating in the global avocado oil market are 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.

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