Avocado Oil Market Detailed Analysis & Focusing on Key Leaders - 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.

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The reduction of cholesterol level, control of psoriasis, and osteoarthritis are some of the benefits associated with avocado oil 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 low glycemic index by controlling its blood sugar level.

North America held a dominant position in the global avocado oil market in 2016, with the region valued at US$ 11.2 million. This is owing to increasing health problems such as heart and chronic diseases, which are caused due to high intake of high fat oils, which in turn increases demand for avocado oil. In U.S., Coronary Artery Disease (CAD) is the most common type of heart disease which may lead to heart attack.

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.

North America accounted to hold a revenue share of 58.12% in the global avocado oil market in 2016. However, presence of other healthier oils such as olive oil and safflower oil, is expected to act as a restraint for the growth of avocado oil market.

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.

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