The avocado oil market is set to grow due to health awareness, with a 6.7% CAGR expected by 2026. Key regions include Latin America and North America.
Avocado Oil market research study in brief
The business intelligence study for the Avocado Oil market provides an extensive synopsis of essential aspects involving the product classification, important definitions, and other industry-specific parameters. The report also covers the key factors associated with the current events such as alliances, mergers & acquisitions, and new product launches.
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Increasing health awareness among people due to prevalence of chronic diseases and heart related disorders owing to improper diet and lifestyle is expected to be a major driving factor for the consumption of avocado oil. Advances in medical science and innovations in food nutrition have made it possible in producing essential oils that offer health benefits and are used in treating several health problems. Avocado oil is no exception. The growing popularity of this product has up surged its demand across various regions in the globe.
Fact.MR analysis on the global market for avocado oil reveals that the global avocado oil market is expected to witness stellar growth in the coming years. To back it up, the research anticipates that the sale of avocado oil in various applications across the globe is expected to surpass an estimate of US$ 1700 Mn. Moreover, the global avocado oil market is projected to expand at a volume CAGR of 6.7% during the period of assessment, 2017-2026, which reflects that volume sales of the product across the global scenario.
Manufacturers involved in the production of avocado oil are adopting various expansion strategies to increase their foothold in the market and by expanding their product lines. For example, Chosen Foods, a San Diego based company, has been acquired by Mexican company Sesajal S.A. de C.V. which claims to be a huge supplier of avocado oil. With this acquisition, the Mexican company can gain penetrating into foreign markets as products from Chosen Foods are largely sold across the United States and Canada, making it a beneficial target market for avocado oil in the coming years.
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Key participants in the global avocado oil market include La Tourangelle Inc., The Village Press, Tron Hermanos S.A. De C.V., BIO Planète, Kevala International Llc., Avocado Global Pte Ltd., SESAJAL S.A. de C.V., CHOSEN FOODS LLC, Avocado Oil De Mexico, Bella Vado and Olivado Ltd.
Global Avocado Oil Market: Segmentation
Segmentation table of the global avocado oil market has been provided below on the basis of product, application, sales channel, source, and region.
| Product | Application | Sales Channel | Source | Region |
| Extra-virgin Oil | Retail | Specialty Stores | Hass | North America |
| Virgin Oil | Cosmetics and Personal Care | Modern Trade | Fuertes | Latin America |
| Pure Oil | Medicinal | Drug Stores | Other Sources | Europe |
| Blends Oil | Other Applications | Online Stores | Japan | |
| Other Sales Channels | APEJ | |||
| MEA |
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Key Highlights on the Global Avocado Oil Market
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The article discusses the growth and demand for avocado oil driven by health trends.
Increasing health awareness and its benefits in treating health issues are driving demand.
Latin America and North America are highlighted as key regions for market growth.
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