Avocado Oil Market Research Report- Forecast till 2023

Avocado Oil Market Research Report- Forecast till 2023

Avocado Oil Market Research

Report- Forecast till 2023

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Avocado Oil Market Research Report- Forecast till 2023

Market Scenario Avocado oil is attaining huge attention among the consumers due to its rich nutrient composition. Avocado oil is rich in antioxidants and contains noble fatty acids, which makes it a good choice for consumers. Also, high smoke point of avocado oil makes it suitable for cooking which is contributing in the growth of avocado oil market further. Avocado oil is mainly beneficial for people suffering from high blood pressure and other heart disorders. Apart from edible use, avocado oil is being used in cosmetics like body lotions and creams owing to its well-known skin benefits.

Increasing health concerns in the population has increased the demand for oils with supplemented nutrient advantage and related health benefit which has uplifted the demand for avocado oil in the market. Also, avocado fruits are available round the year which makes it easy for the manufacturers to extract the oil for consumer use uninterruptedly.

Avocado Oil Market Information: by Type (Crude Avocado Oil, Virgin Avocado Oil, Extra Virgin Avocado Oil), Application (Cooking/Culinary, Personal Care Products, Medicinal Products and others), Distribution Channel (Store-Based and Non-Store Based) and Region -Forecast till 2023 Avocado oil is edible mono-unsaturated fat extracted from avocado fruit. Avocado fruit is rich in oleic acid and omega 9 fatty acid. Apart from its application in cooking, it is also used in other vital applications like cosmetics, owing to high vitamin E and K content, aiding in skin problems like acne, dry skin, wrinkles, and heel cracks. Avocado oil is usually available in the market in different variations like crude, refined, virgin and extra-virgin.

Segments Avocado oil is segmented on the basis of type which includes, crude avocado oil, virgin avocado oil and extra virgin avocado oil. In this segment, extra virgin avocado oil is dominating the market. Extra virgin avocado oil is of the finest quality which is extracted from the superior quality avocado fruits. Extravirgin avocado oil is extracted by cold-press method at low temperatures and it does not contain any chemical additives. Furthermore, high consumption of extra virgin oil owing to its health attributes is driving the growth in this segment.

On the basis of application, the avocado oil market is segmented in cooking/culinary, personal care products, medicinal products and others. Among all the applications, cooking/culinary is dominating the market due to its high smoke point which make it suitable to be used in cooking methods operating at

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Avocado Oil Market Research Report- Forecast till 2023

high temperatures, for example, frying. However, the demand for avocado oil in personal care products is anticipated to experience a high demand from consumers owing to skin and hair health benefits.

On the basis of the distribution channel, the market is segmented into store-based and non-store based distribution channel. However, the store-based distribution channel is dominating the market based on one-stop shopping experience.

Regional Analysis: The global avocado oil market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating in the avocado oil market followed by Europe. North America has the leading consumption of avocado oil, owing to health aids related with the consumption of avocado oil. In North America, the U.S. is dominating in the avocado oil market owing to high production of avocado fruit. Furthermore, Germany is responsible for the largest share in the avocado oil market in Europe.

Moreover, amplified amount of chronic diseases and other health hitches have a positive impact on the demand for healthy oils in country like China and India, in Asia Pacific region. Also, high focus on R & D in avocado oil extraction process to improve the oil quality, which is likely to support the market for avocado oil at the global level.

Key Players Some of the key players profiled in the global avocado oil market: Bella Vado (U.S.), Chosen Foods LLC (U.S.), Sesajal S.A. de C.V. (Mexico), ACADO (Singapore), AMD Oil Sales LLC (U.S.), Olivado Ltd (New Zealand), Avoolio (Mexico)

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Avocado Oil Market Research Report- Forecast till 2023

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