Avocado Oil Market Overview Contains Industry Development Scenario and Trends Analysis for the Assessment Period through 2017-2026 | Key Regions/Countries Covered - North America, Latin America, Europe, APAC, Japan, MEA
In addition, the research report on the global market for avocado oil includes several facets of the market that define the future of the global market in the coming years. For instance, the avocado oil market research study has covered insights on various trends that shape the market, the opportunities that are present in the market, the drivers that fuel the growth of the global market and the developments that influence the future prospects in the global avocado oil market.
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Mounting incidences of lifestyle diseases such as cardiovascular disorders across the globe. For instance, in United States about 610,000 individuals die due to heart disorders each year. Awareness regarding health issues and suitable precautionary measures have gained increased importance ever since. Scientists and medical experts have been researching upon various natural treatments and solutions to such chronic diseases. This pushed the research on avocado oil owing to the health benefits associated with its consumption.
Avocado oil is used in various applications, such as in cosmetics, personal care and medicinal applications. It has gained high importance in medicinal applications owing to various advantages it provides, for instance it supports in reducing weight, enhances digestion, improves heart health, carries out detoxification, enhances skin glow, increased rate of wound healing and is a rich source of vitamin E. With this the consumption of avocado oil is expected to increase in the coming years.
FactMR in its new research publication has stated that the global market for avocado oil is projected to expand at a stellar rate in the coming years. According to this research, the global avocado oil market is expected to rise at a value CAGR of 7.6% during the period of forecast, 2017-2026. In addition, the volume of avocado oil being sold is estimated to cross 255,000 metric tons by the end of the year of assessment (2026). This growth is largely driven by its nutrient rich composition, increased awareness regarding the benefits of the product among consumers and health experts alike and higher demand for avocado oil in cosmetics and personal care products.
Manufacturers involved in the production of avocado oil are focusing on acquisition and strategic alliances to enhance their product lines. For example, Costa Group has acquired Lankester to enter and expand its product line in the avocado market. This research report includes profiles of key players involved in the global avocado oil market. To name a few, the report covers analysis on players such as CHOSEN FOODS LLC., SESAJAL S.A. de C.V., Avocado Global PTE Ltd., Bella Vado, Olivado Ltd., and Avocado Oil De Mexico.
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Higher consumer inclination towards healthy lifestyle has pushed the consumption of healthy food products and ingredients. Off late, people have become more conscious regarding their diet and food intake.in addition, obesity rate has also increased since 2016. During this period, more than 1.9 billion people, especially adults were overweight. According to WHO, obesity and over weight problems are the main causes of deaths. With this health trend spurring coupled with awareness regarding the consumption of healthy vegetables, fruits, such as avocados that reduce the cholesterol level and triglycerides is expected to aid the demand for avocado oil.
Avocado Oil to Witness High Consumption in Countries in Latin America
Increasing awareness regarding healthy lifestyle has driven the demand and consumption of avocado oil in Latin America. Latin America region has witnessed a high rate of occurrence of health problems such as heart diseases, chronic disorders and associated cardiovascular problems owing to high consumption of fats and poor lifestyle. This has resulted in an upsurge in the consumption of healthy diet and with growing awareness regarding advantages of avocado oil, its consumption has spurred across the region. In Latin America, consumption of avocado oil is largely observed in Mexico, which is considered as the largest producer and supplier of avocados. Moreover, the demand for avocado oil in North America is also expanding at a higher rate since couple of years, reason being associated with health disorders and prevalence of heart diseases. The avocado oil market in North America is projected to expand at a high rate in the coming years, followed by Asia Pacific excluding Japan.
Table of Contents
Global Economic and Business Outlook for Avocado Oil Market
Global Avocado Oil Market - Executive Summary
Global Avocado Oil Market Overview
3.1.1. Global Avocado Oil Market Taxonomy
3.1.2. Global Avocado Oil Market Definition
3.2. Global Avocado Oil Market Size (US$ Mn) and Volume (Tonnes) and Forecast, 2012-2026
3.2.1. Global Avocado Oil Market Y-o-Y Growth
3.3. Global Avocado Oil Market Dynamics
Awareness oriented market strategies adopted by avocado oil suppliers creating new growth paths
Health Awareness – a key catalyzing factor of growth for avocado oil
Global Leaders Investing in R&D and Advanced Technologies to Develop Apt Substitutes for Fats
Newer industrial applications of avocado oil in various industries creating versatile opportunities
Other Critical Growth Drivers
Industry Challenges and how companies mitigating the risk
Creating white spaces by identifying and taking early movers advantage
3.4. Supply Chain Analysis and Operating Margins for Avocado Oil
3.4.1. Supply Chain Analysis
3.4.2. Value Chain Analysis
3.4.3. List of Active Participants
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