Avocado Oil Market Size, Growth, Key Players, Industry Overview, Latest Insights and Forecast 2023-2028

According to IMARC Group’s latest report, titled “Avocado Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, The global avocado oil market size reached US$ 550.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 776.7 Million by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2022

Historical Period: 2017-2022

Forecast Period: 2023-2028

Avocado Oil Market Overview:

Avocado oil refers to an edible oil that is pressed from the pulp of avocados. It contains high levels of oleic acid and small amounts of polyunsaturated fat, is high in fiber and rich in texture, has good flavor, etc. Avocado oil is also an essential source of minerals, beta carotene, protein, potassium, lecithin, vitamins A, D, and E, etc. It is extensively utilized in pharmaceutical and personal care products. Avocado oil has moisturizing, antioxidant, emollient, and toning effect that keeps the skin glowing and helps in reducing blemishes, dry skin, wrinkles, acne, etc.

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Avocado Oil Market Trends:

The increasing prevalence of various lifestyle disorders, such as diabetes, obesity, cardiovascular diseases, etc., on account of the rising utilization of high-fat butter, is primarily augmenting the avocado oil market. Furthermore, the widespread adoption of healthy ingredients by health-conscious consumers in their daily dietary habits is positively influencing the global market. Apart from this, the escalating demand for avocado oil that has a higher content of beneficiary fatty acids is also bolstering the market growth. Besides this, the inflating popularity of organic skincare products is stimulating the sales of carrier oils, which is further catalyzing the global market. Additionally, they exhibit antioxidant and anti-inflammatory properties, heal chapped areas, treat acne, replenish dryness, prevent blemishes, reduce signs of aging, increase collagen metabolism, shield the skin from ultraviolet damage, etc., which is acting as another significant growth-inducing factor. In line with this, the expanding food and beverage (F&B) industry is expected to fuel the avocado oil market in the coming years.

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Avocado Oil Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

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

Some of these key players include:

• Olivado Group
• Sesajal
• Grupo Industrial Batellero
• The Village Press
• Spectrum organics
• Bella Vado
• Chosen Foods LLC

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Key Market Segmentation:

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

Breakup by Product Type:

• Extra Virgin Oil
• Refined Oil
• Blends
• Others

Breakup by Application: 

• Food and Beverages
• Cosmetics
• Pharmaceuticals
• Others

Breakup by Distribution Channel: 

• Business to Business
• Business to Consumer
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others

Breakup by  Region:

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

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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• 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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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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