Frozen Food Market Dairy Protein Market Food ExtraService Virgin Equipment Avocado OilMarket Market No. of Pages- 184
Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis and Industry Forecast, and Industry Forecast, and Industry Forecast, and Industry Forecast, and Forecast, andIndustry Industry Forecast, 2019-2026 2020-2027 2020-2027 2019-2026 2019-2026 2020-2027 Download Report Sample
Extra Virgin Avocado Oil Market Extra Virgin Avocado Oil Market by Application and Distribution Channel: Opportunity Analysis and Industry Forecast, 2019–2026," the extra virgin avocado oil market size was valued at $373.0 million in 2018, and is estimated to reach $527.1 million by 2026, registering a CAGR of 4.40% from 2019 to 2026. In 2018, the food & beverage segment accounted for more than half of the share and is expected to grow at a CAGR of 4.40% throughout the forecast period. North America is one of the prominent regions in the market that accounted for a sizeable share of the total market in 2018.
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Extra Virgin Avocado Oil Market
Based on application, the market is bifurcated into food & beverage and cosmetic. The food and beverage segment contributed for the largest share in 2019, accounting for around three-fifths of the global market. On the other hand, the cosmetic segment is expected to manifest the highest CAGR of 4.6% during the forecast period. Based on distribution channel, the report covered segments including supermarkets/hypermarkets, beauty stores, and online store. The online store segment is expected to manifest the highest CAGR of 5.10% during the forecast period. On the other hand, the supermarkets/hypermarketssegment held the largest share in 2019, contributing to nearly three-fourths of the global extra virgin avocado oil market.
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Extra Virgin Avocado Oil Market
By on region, North America accounted for the maximum share in the global market in 2018 and is expected to continue this trend during the forecast period. This is attributed due to higher expenditure of consumers on healthy cooking oil and inclination toward cosmetics with natural ingredients. However, Mexico is expected to grow with the highest CAGR throughout the forecast period, owing to the technological development in avocado harvesting, and awareness among consumer regarding benefits associated with the virgin oil products. One of the major factors that are responsible to drive the growth of the extra virgin avocado oil market are changes in lifestyle across the globe coupled with increase in awareness about health. People are searching for healthy alternatives to combat health issues such as heart disease and obesity. This oil has gained popularity among these people because of its health benefits. Thus, driving the growth of the market. Explore Detailed Insights PDF: https://www.alliedmarketresearch.com/purchase-enquiry/6301
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Extra Virgin Avocado Oil Market
The Major Key Players Are: Aceitera Mevi México SA de CV, Aconcagua Oil & Extract SA, Avocado Oil New Zealand Ltd. (Grove Avocado Oil), Bella Vado, Inc., CalPure Foods, Inc., Crofts Ltd., Mt. Kenya Fresh Avocados, Nobel Foods, Olivado Ltd., and Westfalia Fruit (Pty) Ltd.
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Extra Virgin Avocado Oil Market Key Findings of the Study: •The extra virgin avocado oil market was valued at $373.0 million in 2018 and is estimated to reach $527.1 million by 2026, growing at a CAGR of 4.40% throughout the forecast period. •By application, the food & beverage segment is expected to witness fastest growth, registering a CAGR of 4.40% during the forecast period. •In 2018, depending on distribution channel, the supermarkets/hypermarkets segment held the highest share, accounting for more than half of the global market share. •U.S. was the most prominent market in the North America region in 2018 and is expected to grow at a significant CAGR throughout the forecast period. •North America was the dominant region in 2018, accounting for more the one-third of the global extra virgin avocado oil market share.
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Extra Virgin Avocado Oil Market
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