Avocado Oil Market Opportunities, Global Size, Industry Share, Key Players, Growth Prediction, Development Trends and Future Investments till 2023

"Avocado Oil Market to observe high growth at 13.5% CAGR by 2023, Global Avocado Oil Market is segmented into application, type and distribution channel"

Pune, India - June 6, 2019 /MarketersMedia/ —

Market Analysis

There are abundant factors that is propelling the growth of the avocado oil market. These factors as per the MRFR (Market Research Future) report include advances in medical science, improper lifestyle and diet resulting in heart related disorders and chronic diseases, rapid transition to healthy lifestyle, increasing preference for diet that is nutrition-rich, demand for cold-pressed avocado oil in the food industry for preparing salads and keeping the color and flavor intact, growing use in the cosmetic industry, availability throughout the year, and increasing use in aromatherapies, spa and massages. On the contrary, its soaring price may act as a market restraint.

The Global Avocado Oil Market is eyeing for a notable growth at 13.5% CAGR during the predicted years (2017-2023).

Being a rich source of Vitamins (A, D, E), avocado oil has a wide range of applications and is a versatility champion. It is an immensely flexible ingredient that can be used everywhere from topical application in personal hygiene to consumables in the kitchen and more. Avocado fruit contains about 5-30% oil, resting on the variety/species and extracted through solvent extraction or cold pressing method. It can be utilized for various applications including both non-edible and edible and comes in different varieties such as blends, virgin, extra-virgin, refined, crude and others. Each variety possess unique characteristics and smoke point. This oil is generally blended with other oils namely grapeseed oil, shea butter, almond oil, olive oil, safflower oil and coconut oil.

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The different natural blends possess wide applications in cooking, body massage, hair care, skin care, food and nutrition and aromatherapy based on the blended oils’ characteristics. Owing to its high smoke point, avocado oil is considered a prime candidate in the kitchen as it is ideal for baking and cooking at high temperatures. Avocado oil is basically a powerhouse of benefits. Some of its most amazing benefits include beats high blood pressure, controls cholesterol, detox, weight loss, relieve arthritic symptoms, healthier gums, healthy hair and skin, reduce pesky wrinkles, and acts as a natural makeup remover.

Key Players

Leading players profiled in the global avocado oil market include-

• Chosen Foods LLC (U.S.)
• Bella Vado (U.S.)
• AMD Oil Sales LLC (U.S.)
• Sesajal S.A. de C.V. (Mexico)
• Avoolio (Mexico)
• ACADO (Singapore)
• Olivado Ltd (New Zealand)

April 2019 - Conagra Brands has recently contemporized its grocery portfolio by adding a couple of products including meals, sauces, condiments, sides, pancakes, salad dressing, coffee creamers and specialty cooking sprays such as avocado oil, coconut oil and olive oil.

Regional Analysis

By Region, the avocado oil market is segmented into North America, Asia Pacific, Europe and Rest of the World. Among these, North America will preside over others in the market owing to preference for avocado oil for its plentiful health benefits. The US is the key contributor here due to massive avocado fruit production. The avocado oil market in the European region will have the second major share with Germany being the largest contributor. Growing prevalence of chronic diseases coupled with other health glitches are contributing towards the market growth in China as well as India in the APAC region. Besides, extra emphasis being made on the R&D in the extraction process of avocado oil to enhance the oil quality is again supporting the market growth globally.

Market Segmentation

According to the MRFR report, the Avocado Oil Market has been segmented into application, type and distribution channel.

By Application

• personal care products
• medicinal products
• culinary/cooking

Among these, culinary/cooking will rule the market during the predicted years followed by personal care products.

By Type

• Crude
• Virgin
• extra virgin avocado oil

Among these, extra virgin avocado oil will have the highest share in the market during the predicted years.

By Distribution Channel

• store-based distribution channel
• non-store based distribution channel

Among these, the store-based distribution channel will lead the market during the predicted years.

About Market Research Future:

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Website: https://www.marketresearchfuture.com/reports/avocado-oil-market-4758

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