Avocado Oil Market to Reach US$1,135.2 Mn by 2032, Driven by Health Trends & Culinary Demand

✅ The Global Avocado Oil Market: Growth Outlook and Industry Analysis (2025-2032)

The global avocado oil market is gaining traction due to its health benefits, rising demand for natural cooking oils, and increasing popularity in cosmetics and pharmaceuticals. According to market estimates, the avocado oil market is expected to grow from US$659.5 million in 2025 to approximately US$1,135.2 million by 2032, reflecting a CAGR of 8.1% during the forecast period from 2025 to 2032. This growth is propelled by consumers shifting toward healthier food habits and increasing disposable incomes globally.

North America is projected to be the leading region in the avocado oil market, driven by high consumption of clean-label and organic food products. On the other hand, refined avocado oil holds the largest market share by product type due to its versatility and neutral flavor profile, making it ideal for culinary and cosmetic use. The growing popularity of plant-based diets, particularly in the U.S. and Europe, further supports the market's expansion.

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✅ Key Highlights from the Report

➤ The global avocado oil market is set to register a CAGR of 8.1% from 2025 to 2032.
➤ North America holds the largest market share due to increasing health awareness.
➤ Refined avocado oil leads the product segment due to its wide usage in multiple industries.
➤ The cosmetics and personal care segment is rapidly emerging as a key end-user.
➤ Rising vegan and organic lifestyle trends continue to fuel global demand.
➤ Latin America, especially Mexico, remains a leading supplier of raw avocado for oil production.

✅ Frequently Asked Question: What are the benefits of avocado oil for health and wellness?

Avocado oil offers a multitude of health benefits, making it a preferred choice among health-conscious consumers. Rich in monounsaturated fats, particularly oleic acid, avocado oil helps support heart health by reducing bad cholesterol (LDL) while boosting good cholesterol (HDL). It also contains antioxidants such as lutein, which supports eye health, and vitamin E, which contributes to skin nourishment and immune support.

Moreover, its anti-inflammatory properties make it ideal for individuals with arthritis or chronic inflammation issues. The oil's high smoke point makes it excellent for high-heat cooking, ensuring nutrients remain intact without producing harmful compounds. With rising awareness about healthy eating and natural remedies, avocado oil is also gaining popularity in holistic medicine and skincare regimens. Its ability to moisturize, heal, and protect the skin is widely acknowledged in the personal care industry.

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✅ Market Segmentation

The avocado oil market can be segmented based on product type into refined, extra virgin, crude, and organic avocado oil. Among these, refined avocado oil accounts for the majority share due to its affordability, longer shelf life, and adaptability in foodservice and industrial uses. Extra virgin avocado oil is gaining momentum, particularly among premium health-conscious consumers looking for nutrient-dense and flavor-rich alternatives.

In terms of end-use, the market caters to food & beverages, cosmetics & personal care, pharmaceuticals, and dietary supplements. The food & beverages segment leads due to the growing demand for clean-label cooking oils. However, the cosmetics and personal care sector is expected to witness the fastest growth, thanks to increasing adoption of natural oils in skin and hair care formulations.

✅ Regional Insights

North America remains the dominant region in the avocado oil market, particularly due to health-focused consumer behavior and the region's well-established distribution channels. The U.S. has seen significant growth in the consumption of avocado oil, driven by culinary applications and fitness trends.

Latin America, especially Mexico and Chile, plays a critical role as a production hub for avocado oil. These countries benefit from favorable climate conditions for avocado farming and have seen a rise in processing capabilities, enabling them to cater to growing international demand.

✅ Market Drivers

The avocado oil market is largely driven by the global rise in health-consciousness and preference for natural, minimally processed oils. Increasing cases of cardiovascular disease and obesity have prompted consumers to seek heart-healthy fats like avocado oil. The expansion of vegan and plant-based diets also aligns with avocado oil's natural and clean label positioning.

✅ Market Restraints

Despite the growing demand, the market faces restraints such as high production costs and limited raw material availability. Avocado cultivation is resource-intensive, requiring significant water and climate control, which can lead to supply constraints and price volatility. Moreover, fluctuations in avocado crop yields due to climate change pose risks to consistent oil production.

✅ Market Opportunities

Emerging markets across Asia-Pacific and the Middle East present strong growth opportunities due to rising disposable incomes and growing demand for premium health and beauty products. Additionally, product innovations such as avocado oil-infused snacks, skincare serums, and supplements are opening new revenue streams. E-commerce platforms further amplify market reach, making niche products accessible globally.

✅ Reasons to Buy the Report

☑️ Understand the current market size and future growth potential through 2032
☑️ Identify key trends, innovations, and consumer preferences in the avocado oil market
☑️ Get detailed insights on competitive dynamics and regional market performance
☑️ Explore market segmentation to evaluate investment and expansion opportunities
☑️ Assess drivers, restraints, and emerging opportunities that impact business strategy

✅ Frequently Asked Questions (FAQs)

➤ How Big is the Avocado Oil Market?
➤ Who are the Key Players in the Global Avocado Oil Market?
➤ What is the Projected Growth Rate of the Avocado Oil Market?
➤ What is the Market Forecast for Avocado Oil for 2032?
➤ Which Region is Estimated to Dominate the Avocado Oil Industry through the Forecast Period?

✅ Company Insights

✦ Olivado Group
✦ La Tourangelle Inc.
✦ Bella Vado Inc.
✦ Avohass Avocado Oil
✦ Chosen Foods LLC
✦ Sesajal S.A. de C.V.
✦ Grupo Industrial Batellero S.A. de C.V.
✦ Aconcagua Oil & Extract S.A.
✦ Proteco Oils
✦ Mt. Kenya Avocados

■ In 2024, Chosen Foods LLC launched an innovative line of avocado oil-based salad dressings to expand its product portfolio.

■ Olivado Group announced its expansion into the Asian market through strategic partnerships to cater to rising demand in health-centric economies.

✅ Conclusion

The global avocado oil market is on a strong growth trajectory, propelled by the rising popularity of health-conscious eating, clean-label products, and natural beauty formulations. With an expected CAGR of 8.1% from 2025 to 2032, the industry presents vast opportunities for manufacturers, distributors, and investors. While challenges such as high production costs remain, the continuous demand for premium, multifunctional oils ensures a promising outlook for this vibrant market. Companies investing in innovation, sustainable sourcing, and global outreach are well-positioned to capitalize on the evolving avocado oil landscape.

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