According to the latest report by IMARC Group, titled “Avocado Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global avocado oil market reached a value of US$ 519.5 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 770.9 Million by 2027, exhibiting at a CAGR of 6.6% during 2022-2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Avocado oil is an edible oil that is pressed from the pulp of avocados. It contains high levels of oleic acid, which is a monounsaturated omega-9 fatty acid that has been proven healthy for the heart. It is also a rich source of essential minerals, beta carotene, protein, potassium, lecithin, and vitamins A, D, and E, along with small amounts of polyunsaturated fat. Apart from the food and beverages industry, it forms an essential part of the cosmetic industry owing to its antioxidant and anti-inflammatory properties. When applied on the skin, it calms itchiness, heals chapped areas, treats acne, replenishes dryness, prevents blemishes, reduces signs of aging, increases collagen metabolism and shields the skin from ultraviolet damage.

Market Trends:

The growing awareness about the rich nutritional profile of avocado oil is one of the key factors driving the market. With the rise health-consciousness across the globe, consumers are now inclined toward incorporating healthy ingredients in their daily dietary habits. Furthermore, hectic lifestyle has significantly reduced physical activeness, thus resulting in the emergence of various lifestyle diseases. In order to combat this, consumers are increasingly replacing butter and vegetable oil containing high concentrations of saturated fats with avocado oil, which has a higher content of beneficiary fatty acids. In addition to this, the rising popularity of organic skin care and personal care products is contributing to the sales of carrier oils, thus further augmenting the demand for avocado oil.

Avocado Oil Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global avocado oil market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the global avocado oil market on the basis of product type, region, application, and distribution channel.

Breakup by Product Type

  • Extra-Virgin Oil
  • Refined Oil
  • Blends
  • Others

Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Breakup by Application

  • Food and Beverages
  • Cosmetics
  • Pharmaceuticals
  • Others

Breakup by Distribution Channel

  • Business to Business
  • Business to Consumer

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/avocado-oil-market

Key highlights of the report:            

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Industry Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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