Avocado Oil Market 2019 | Industry Analysis With Top Players Sesajal, Yasin, Bella Vado, Chosen Foods, Grupo Industrial Batellero, La Tourangelle, Avoolio, Ahuacatlan Avocado Oil, Mt. Kenya Fresh Avocados, Kevala, Bio Planete, Hain Celestial Group, Da Gam

Avocado is also used for the treatment of diabetes as it has low glycemic index by controlling its blood sugar level. 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.

As avocado oil’s nutrient profile boasts of higher content of beneficial fatty acids, the health-conscious population, especially those who are battling obesity problems become the major consumer base of avocado oil. Avocado oil is positioned in the market as an immediate healthier alternative to olive oil, and an alternative to other cooking and dressing oils. Also, the short-comings of olive oil such as an unwanted odor and flavor it leaves in food, makes consumers opt for other healthy and flavorful oils such as avocado oil, which is also a key factor driving the avocado oil market growth.

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lternatives to Avocado Oil Hampering Adoption

Competitive products for avocado oil are chia seed oil, olive oil, hemp oil, and other alternative oils that are produced from healthy sources. These oils carry unique benefits of their own, and most of them are cheaper to produce, as they are produced from industrial by-products, unlike avocado oil, which is produced from fruit flesh, resulting in higher costs. This is expected to challenge the avocado oil market over the forecast period since consumers have a number of alternative cheaper products easily available on retail shelves.

There has been an upsurge in the popularity of Mexican and Pan-Latin flavors, making them part of a mainstream culinary culture. As a country’s food culture is highly influenced by its neighbors, nearly 73% of U.S. consumers use Mexican food and ingredients. Avocado oil has been one of the preferred ingredients in Mexican and Hispanic food items.

Latin America Expected to Maintain Foothold in Avocado Oil Processing

On the basis of region, the market in Latin America is anticipated to dominate the global avocado oil market in 2018. Europe is expected to gain significant market share in revenue terms by 2026 end. Moreover, countries like U.K., Belgium, and the Netherlands are projected to exhibit significant growth during the forecast period in the avocado oil market. The avocado oil market in Asia Pacific is also expected to gain traction as food processing companies establish their manufacturing base in this region and incorporate avocado oil as an ingredient in processed and packaged food products.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Refined Avocado Oil
Extra Virgin Avocado Oil
Crude Avocado Oil

Major Players in Global Avocado Oil Market:

Some of the key players operating in the global avocado oil market are Sesajal, Yasin, Bella Vado, Chosen Foods, Grupo Industrial Batellero, La Tourangelle, Avoolio, Ahuacatlan Avocado Oil, Mt. Kenya Fresh Avocados, Kevala, Bio Planete, Hain Celestial Group, Da Gama Avocado Oil, Cate de mi Corazón, Tron Hermanos, Proteco Oils, Westfalia, Aconcagua Oil & Extract, Olivado, Grove Avocado Oil, AvoPure, Village Press, Kahangi Estate.

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