According to the latest report by IMARC Group, titled “Avocado Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global avocado oil market reached a value of US$ 484.6 Million in 2020. Looking forward, IMARC Group expects the global avocado oil market to exhibit moderate growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Avocado oil refers to the natural oil extracted from avocado's pulp. It is made up of heart-healthy oleic acid that contain monounsaturated fatty acid with high amount of omega-9. Avocado oil is high in fiber, potassium, rich in texture and has good flavor. Owing to its health benefits, the health-conscious population represents a major consumer base for avocado oil, particularly those who are struggling with heart problems and obesity. Apart from the food and beverage sector, avocado oil also finds wide applications in the pharmaceutical and cosmetic industry due to its antioxidant and anti-inflammatory properties.
The market has been primarily catalyzed by the growing consumer awareness towards several nutritional benefits associated with avocado oil. Furthermore, the high prevalence of numerous lifestyle diseases, such as obesity, diabetes, cardiovascular ailments, etc., is also propelling the market for avocado oil. Additionally, the expanding personal grooming and cosmetics sectors are augmenting the utilization of avocado oil based on its numerous benefits, such as moisturizing, toning, anti-aging, exfoliating, etc. Apart from this, the increasing demand for organic products with rising consumer health consciousness is further driving the demand for avocado oil.
Avocado Oil Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global 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
Key Market Segmentation:
The report has segmented the global avocado oil market on the basis of product type country.
Breakup by Product Type:
Extra-Virgin Oil
Refined Oil
Blends
Others
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/avocado-oil-market
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Industry Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
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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