Avocado oil is extracted at low temperature by cold-press
method from the avocado fruit. Avocado oil is monounsaturated fatty acid which
is consumed in edible and non-edible forms. Avocado fruit has high content of
oleic and omega 9 fatty acid. Avocado oil is commonly available in market in
different variations like refined, virgin, extra-virgin and crude. Apart from
its use in cooking, it also has other dynamic applications like cosmetics,
owing to high vitamin E and K that benefits in skin problems like acne, dry
skin, wrinkles, and heel cracks.
extra
virgin avocado oil market
Market Forecast
Avocado oil has shown a high demand from the consumers, oil
and cosmetics industry due to the products extraordinary nutritive value and
accompanying health benefits. Avocado oil is rich in antioxidants and contains
edible fatty acids, which makes it a decent choice for consumers. Avocado oil
is mostly helpful for people suffering from high blood pressure and other heart
complaints. Moreover, high smoke point of avocado oil makes it appropriate for
cooking purpose, which is contributing in the growth of avocado oil market.
Apart from edible use, avocado oil is also used in cosmetics like body lotions
and creams due to its skin benefits.
Downstream Analysis
Avocado oil is segmented on the basis of type which includes,
crude avocado oil, virgin avocado oil and extra virgin avocado oil. Extra
virgin oil is dominating the market in this segment. Extra virgin avocado oil
is of upmost quality which is extracted from the superior quality avocado
fruits. Extra-virgin oil is extracted by cold-press method at low temperature
and it does not contain any chemical additives. Furthermore, high consumption
of extra virgin oil owing to its health qualities 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 makes it appropriate for frying. However, the
demand for avocado oil in personal care products is likely 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.
Competitive Analysis
The major players in the 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)
Regional Analysis
The global avocado oil market is segmented into North America,
Europe, Asia Pacific, and rest of the world (RoW). In the global avocado oil
market, North America is dominating among all the regions followed by Europe.
North America has the foremost consumption of avocado oil, owing to health
benefits associated with the consumption of avocado oil. In North America, the
U.S. is dominating in the avocado oil market due to high production of avocado
fruit. Furthermore, Germany is occupying the largest share in the avocado oil
market in Europe.
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