Press release
Avocado Oil Market By 2025 With Important Key Players 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.
Avocado oil is extracted from the Persea Americana fruit and is used as a 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 point to stop overheating of the oil and high monounsaturated fatty acids, fuels growth of the avocado oil market. Furthermore, increasing demand for healthy and natural foods is anticipated to fuel the market growth.Request For PDF OF Reserach Report @ https://www.coherentmarketinsights.com/insight/request-pdf/1058
Increasing demand for avocado oil in personal care products owing to its beneficial monounsaturated fatty acids like oleic acid and its hydrating property, is expected to drive the market. According to the India Brand Equity Foundation (IBEF), the personal care products market is expected to reach US$ 10 billion by 2021 at a CAGR of 6%. The consumption of cosmetic products is increasing significantly, owing to increasing awareness and desire to look good. This in turn increases the demand for avocado oil in the region.
Major Players in Global Avocado Oil Market:
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.
Market Dynamics
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 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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Detailed Segmentation:
Global Avocado Oil Market, By Product Type:
Virgin Oil
Extra Virgin Oil
Refined Oil
Blend
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