Press release
Avocado Oil Market Industry Outlook, Size & Forecast 2020-2027 by Grupo Industrial Batellero, Bella Vado, Chosen Foods, Sesajal, Avocado Global Pte Ltd
Avocado Oil Market Forecast to 2027 - Premium Market Insights
According to our latest market study on “Global AvocadoOil Market to 2027 – COVID-19 Impact and Global Forecast Analysis by Type (Extra Virgin, Virgin, Refined, and Blends); Nature (Organic, Conventional); Variety (Hass, Pinkerton, Fuerte, Gwen, and Others); Application (Food and Beverages, Pharmaceuticals, Cosmetics, and Others); Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, Online Stores, and Others), and Geography,”the marketaccounted forUS$669.48million in 2018 and is expected to grow at a CAGR of 9.1% during 2019–2027 to reach US$ 1,452.25million by 2027. The report highlightskey factors driving the market growth and prominent players along with their developmentsin the market.
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Avocado oil is edible product used in various food recipes, salad dressings, bakery items, and sweet and savory snacks. It is also used in personal care and cosmetics products owing to its moisturizing and regenerative properties. The oil has high monounsaturated fat and low saturated fat content, and it is free of cholesterol. Avocado oil is highly preferred by people with diabetes as regular consumption of this oil helps lower low-density lipid (LDL), i.e., bad cholesterol, levels. Avocado oil is high in vitamin E and potassium, which keep the blood vessels healthy by eliminating free radicals. The consumption of food prepared using avocado oil also alters the levels of essential fatty oils in kidneys.
Avocado oil is gaining high traction due to the rising awareness about its health benefits. This oil is also high on antioxidants and healthy fats. ~70% of avocado oil consists of heart-healthy oleic acid, i.e., monounsaturated omega-9 fatty acid. Various studies show that avocado oil helps in reducing blood pressure and blood cholesterol levels. It is a rich source of lutein, a carotenoid naturally found in human eyes. Thus, the consumption of this oil improves eye health and lowers the risk of acquiring age-related eye diseases. A recent study found that adding avocado oil to a salad with carrots, romaine lettuce, and spinach, enhances the absorption of carotenoids in the human body.
The global avocado oil marketis concentrated with a few well-established players; these companiesare Aconcagua Oil & Extract S.A.;Avocado Health Limited;Crofts Ltd, Bella Vado, Inc.;La Tourangelle, Inc.;Madana Inc.;Mevi Avocados, Inc;Olivado USA;Sesajal S.A de C.V.; and Spectrum Organics Products, LLC (Hain Celestial Group, Inc.); among others.
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The report segments the global avocado oilmarket as follows:
By Type
Extra virgin oil
Virgin
Refined
Blends
By Nature
Organic
Conventional
By Variety
Hass
Pinkerton
Fuerte
Gwen
Others
By Application
Food &Beverages
Pharmaceuticals
Cosmetics
Others
By Distribution Channel
Hypermarkets and Supermarkets
Specialty Stores
Online Stores
Others
By Geography
North America
US
Canada
Mexico
Europe
Germany
Italy
UK
France
Russia
Rest of Europe
Asia Pacific (APAC)
Australia
China
India
Japan
South Korea
Rest of Asia Pacific
Middle East &Africa (MEA)
South Africa
Saudi Arabia
UAE
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Continue…
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