Food & Beverage Market Research News

Avocado Oil market is set to grow at a CAGR of 12.8% by 2025 according to new research report

According to Goldstein Research, high content of healthy fats, thiamin, riboflavin and vitamin A, E, K is majorly driving the growth in demand for Avocado oil all over the world, which is useful not only in cooking purpose but also in beauty and cosmetics products to reduce blemishes, dry skin, wrinkles, and acne.

Global avocado oil market outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion across the globe. Additionally, growing demand from North America and European markets will provide the major boost to the Chinese avocado oils manufacturing industry.

Further, various technological improvements are being implemented in the Avocado production to increase the yield and reduce pest impact.

The rising industrial demand for avocado oil, mainly in beauty and cosmetics product manufacturing, is, however, driving the growth of the market.

Refined avocado oil is cheaper than virgin and unrefined avocado oil which has further catered the masses for its consumption through various applications. Global refined avocado oil market is set to reach nearly 950 thousand tons by 2024, growing at a CAGR of 13.1% over the forecast period (2017-2025).

Avocado plant originated in Central America but over the period of time it has spread over to warm subtropical and temperate regions of the world.  The U.S. accounted for 28.4% production of avocado oil in 2017.

U.S avocado oil market is set to reach nearly 950 thousand tons by 2024, growing at a CAGR of 13.2% over the forecast period (2017-2025). Extra virgin avocado oil accounted for largest market share of 27.5% in 2017.

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Market Segmentation

On the basis of our in-depth analysis, Global avocado oil market can be segmented as follows:

By Product

  • Extra Virgin
  • Virgin
  • Pure
  • Blends

By Packaging

  • Rigid (PET, HDPE, Tin Plate)
  • Semi-Rigid (Tetra Pak)
  • Flexible (Flexi-bags)

By Application

  • Food & Beverages
  • Beauty and Cosmetics
  • Pharmaceuticals

By Distribution Channel

  • Online
  • Offline

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}

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 “Global Avocado Oil Market Outlook 2025” contains detailed overview of the global avocado oil market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, by packaging, by applications and by distribution channel.

Further, for the in-depth analysis, Global Avocado Oil Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Bella Vado, NOBEL FOODS, Sesajal, CHOSEN FOODS, ACADO, AMD Oil Sales, BIO PLANÈTE, Kevalaetc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Global Avocado oil market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new market players searching for opportunities and other investors to positions their market centred strategies according to the evolving and expected trends in the future.

Key questions answered in this global avocado oil market report

  • What is the global avocado oil market size by 2025 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the avocado oil market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to avocado oil industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

Global avocado oil market is further bifurcated in various segments with separate market analysis mentioned below: Almond Oil Market

Almond oil is all-purpose carrier oil majorly used in cosmetics industry and food processing industry. Almond oil is excellent source of vitamin E, thus it is largely used in pharmaceutical and cosmetic industry, for hair and skin care.

Almond oil market size is set to reach 3.62 billion metric ton by 2025, growing at a CAGR of 13.2% over the forecast period. 

RBD (Refined Bleached Deodorized) Coconut Oil Market

The global market for RBD coconut oil has grown considerably over the past few years. This is predominantly because of rising consumer consciousness towards healthier diets.

The coconut application is found in eye creams, lip gloss, cuticle oil, as well as balms and lotions for the body. RBD coconut oil market to expand at a CAGR of 6.02% during the forecast period 2016-2024.

Virgin Coconut Oil

Coconut plantation is one of the most widespread and important crop, generally grown in the humid and semi-humid regions of the world. About 80% of the global production is produced in the Asia-Pacific regions.

Virgin coconut market is expected to increase at a CAGR of 9.8% over the forecast period i.e. 2016-2024. The global virgin coconut oil market is accounted for USD 2.1 billion in 2016 and anticipated to reach USD 4.2 billion by 2024. 

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Goldstein ResearchGoldstein Research
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