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Press Release:

Global Avocado Oil Market to Reach US$ 708 Million by 2024, Fueled by Rising Health Consciousness Amongst Consumers

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Avocado Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global avocado oil market size reached a value of US$ 484.6 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Avocado oil is the natural oil extracted from avocado's pulp. Around 70% of avocado oil is made up of heart-healthy oleic acid, a monounsaturated fatty acid of omega-9. Avocado is high in fiber, potassium, rich in texture and has good flavor. Because of its health benefits, the health-conscious population represents a major consumer base for avocado oil, especially those who are struggling with obesity and heart problems. Apart from the food and beverage industry, avocado oil also finds wide applications in pharmaceutical and cosmetic products. It has moisturizing, antioxidant, emollient and toning effect that keeps the skin glowing and helps in reducing blemishes, dry skin, wrinkles and acne.

 

 
 

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The avocado oil industry is currently exhibiting healthy growth rates. The market has been primarily driven by the growing awareness of the nutritional and health benefits associated with avocado oil. Apart from this, driven by an increasing prevalence of various lifestyle disorders such as diabetes, obesity, cardiovascular disorders, etc. resulting from an increasing consumption of high-fat butter and oils is further expected to increase the demand for healthy oils such as avocado oil. Moreover, rising avocado oil demand from the healthcare industry is also expected to create a positive impact on the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global avocado oil market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on product type, application and distribution channel.

Breakup by Product Type:

 

 
 

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  • Extra Virgin Oil
  • Refined Oil
  • Blends
  • Others

Breakup by Application:  

  • Food and Beverages
  • Cosmetics
  • Pharmaceuticals
  • Others
     

Breakup by Distribution Channel:  

  • Business to Business
  • Business to Consumer
    • Supermarkets/Hypermarkets
    • Convenience Stores
    • Online Stores
    • Others

Regional Insights:

 

 
 

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  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America.

Competitive Landscape:

The competitive landscape of the global avocado oil market has also been analyzed. Some of the leading players operating in the market are:

  • Olivado Group
  • Sesajal
  • Grupo Industrial Batellero
  • The Village Press
  • Spectrum organics
  • Bella Vado
  • Chosen Foods LLC
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Million
Segment Coverage Product Type, Application, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Olivado Group, Sesajal, Grupo Industrial Batellero, The Village Press, Spectrum organics, Bella Vado and Chosen Foods LLC
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Avocado Processing Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Breakup by Product Type
    5.4    Market Breakup by Application
    5.5    Market Breakup by Region
    5.6    Market Breakup by Distribution Channel
    5.7    Market Forecast
6   Global Avocado Oil Market
    6.1    Market Overview
    6.2    Market Performance
    6.3    Impact of COVID-19
    6.4    Price Analysis
    6.5    Market Breakup by Product Type
    6.6    Market Breakup by Region
    6.7    Market Breakup by Application
    6.8    Market Breakup by Distribution Channel
    6.9    SWOT Analysis
        6.9.1    Overview
        6.9.2    Strengths
        6.9.3    Weaknesses
        6.9.4    Opportunities
        6.9.5    Threats
    6.10    Porters Five Forces Analysis
        6.10.1    Overview
        6.10.2    Bargaining Power of Buyers
        6.9.3    Bargaining Power of Suppliers
        6.9.4    Degree of Rivalry
        6.9.5    Threat of New Entrants
        6.9.6    Threat of Substitutes
    6.10    Value Chain Analysis
    6.11    Key Success and Risk Factors
    6.12    Market Forecast
7   Market Breakup by Product Type
    7.1    Extra-Virgin Oil
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Refined Oil
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Blends
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Others
        7.4.1    Market Trends
        7.4.2    Market Forecast
8   Market Breakup by Region
    8.1    North America
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Europe
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Asia Pacific
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Middle East and Africa
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Latin America
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   Market Breakup by Application
    9.1    Food and Beverages
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Cosmetics
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Pharmaceuticals
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Others
        9.4.1    Market Trends
        9.4.2    Market Forecast
10  Market Breakup by Distribution Channel
    10.1    Business to Business
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Business to Consumer
        10.2.1    Supermarkets/Hypermarkets
            10.2.1.1    Market Trends
            10.2.1.2    Market Forecast
        10.2.2    Convenience Stores
            10.2.2.1    Market Trends
            10.2.2.2    Market Forecast
        10.2.3    Online Stores
            10.2.3.1    Market Trends
            10.2.3.2    Market Forecast
        10.2.4    Others
            10.2.4.1    Market Trends
            10.2.4.2    Market Forecast
11  Competitive Landscape
    11.1    Market Structure
    11.2    Key Players
    11.3    Profiles of Key Players
        11.3.1    Olivado Group
            11.3.1.1    Company Overview
            11.3.1.2    Description
        11.3.2    Sesajal
            11.3.2.1    Company Overview
            11.3.2.2    Description
        11.3.3    Grupo Industrial Batellero
            11.3.3.1    Company Overview
            11.3.3.2    Description
        11.3.4    The Village Press
            11.3.4.1    Company Overview
            11.3.4.2    Description
        11.3.5    Spectrum Organics
            11.3.5.1    Company Overview
            11.3.5.2    Description
        11.3.6    Bella Vado
            11.3.6.1    Company Overview
            11.3.6.2    Description
        11.3.7    Chosen Foods LLC
            11.3.7.1    Company Overview
            11.3.7.2    Description


List of Figures

Figure 1: Global: Avocado Oil Market: Major Drivers and Challenges
Figure 2: Global: Avocado Processing Market: Value Trends (in Million US$), 2015-2020
Figure 3: Global: Avocado Processing Market: Breakup by Product Type (in %), 2020
Figure 4: Global: Avocado Processing Market: Breakup by Application (in %), 2020
Figure 5: Global: Avocado Processing Market: Breakup by Region (in %), 2020
Figure 6: Global: Avocado Processing Market: Breakup by Distribution Channel (in %), 2020
Figure 7: Global: Avocado Processing Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 8: Global: Avocado Oil Market: Value Trends (in Million US$), 2015-2020
Figure 9: Global: Avocado Oil Market: Breakup by Product Type (in %), 2020
Figure 10: Global: Avocado Oil Market: Breakup by Region (in %), 2020
Figure 11: Global: Avocado Oil Market: Breakup by Application (in %), 2020
Figure 12: Global: Avocado Oil Market: Breakup by Distribution Channel (in %), 2020
Figure 13: Global: Avocado Oil Industry: SWOT Analysis
Figure 14: Global: Avocado Oil Industry: Porter’s Five Forces Analysis
Figure 15: Avocado Oil Industry: Profit Margins at Various Levels of the Supply Chain
Figure 16: Global: Avocado Oil Industry: Value Chain Analysis
Figure 17: Global: Avocado Oil Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 18: Global: Avocado Oil Market by Type (Extra-Virgin Oil): Value Trends (in Million US$), 2015 & 2020
Figure 19: Global: Avocado Oil Market Forecast by Type (Extra-Virgin Oil): Value Trends (in Million US$), 2021-2026
Figure 20: Global: Avocado Oil Market by Type (Refined Oil): Value Trends (in Million US$), 2015 & 2020
Figure 21: Global: Avocado Oil Market Forecast by Type (Refined Oil): Value Trends (in Million US$), 2021-2026
Figure 22: Global: Avocado Oil Market by Type (Blends): Value Trends (in Million US$), 2015 & 2020
Figure 23: Global: Avocado Oil Market Forecast by Type (Blends): Value Trends (in Million US$), 2021-2026
Figure 24: Global: Avocado Oil Market by Type (Others): Value Trends (in Million US$), 2015 & 2020
Figure 25: Global: Avocado Oil Market Forecast by Type (Others): Value Trends (in Million US$), 2021-2026
Figure 26: North America: Avocado Oil Market: Value Trends (in Million US$), 2015 & 2020
Figure 27: North America: Avocado Oil Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 28: Europe: Avocado Oil Market: Value Trends (in Million US$), 2015 & 2020
Figure 29: Europe: Avocado Oil Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 30: Asia Pacific: Avocado Oil Market: Value Trends (in Million US$), 2015 & 2020
Figure 31: Asia Pacific: Avocado Oil Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 32: Middle East and Africa: Avocado Oil Market: Value Trends (in Million US$), 2015 & 2020
Figure 33: Middle East and Africa: Avocado Oil Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 34: Latin America: Avocado Oil Market: Value Trends (in Million US$), 2015 & 2020
Figure 35: Latin America: Avocado Oil Market: Forecast: Value Trends (in Million US$), 2021-2026
Figure 36: Global: Avocado Oil Market by Application (Food and Beverages): Value Trends (in Million US$), 2015 & 2020
Figure 37: Global: Avocado Oil Market Forecast by Application (Food and Beverages): Value Trends (in Million US$), 2021-2026
Figure 38: Global: Avocado Oil Market by Application (Cosmetics): Value Trends (in Million US$), 2015 & 2020
Figure 39: Global: Avocado Oil Market Forecast by Application (Cosmetics): Value Trends (in Million US$), 2021-2026
Figure 40: Global: Avocado Oil Market by Application (Pharmaceuticals): Value Trends (in Million US$), 2015 & 2020
Figure 41: Global: Avocado Oil Market Forecast by Application (Pharmaceuticals): Value Trends (in Million US$), 2021-2026
Figure 42: Global: Avocado Oil Market by Application (Others): Value Trends (in Million US$), 2015 & 2020
Figure 43: Global: Avocado Oil Market Forecast by Application (Others): Value Trends (in Million US$), 2021-2026
Figure 44: Global: Avocado Oil Market (Business to Business Distribution): Value Trends (in Million US$), 2015 & 2020
Figure 45: Global: Avocado Oil Market Forecast (Business to Business Distribution): Value Trends (in Million US$), 2021-2026
Figure 46: Global: Avocado Oil Market by Distribution Channel (Supermarkets/ Hypermarkets): Value Trends (in Million US$), 2015 & 2020
Figure 47: Global: Avocado Oil Market Forecast by Distribution Channel (Supermarkets/ Hypermarkets): Value Trends (in Million US$), 2021-2026
Figure 48: Global: Avocado Oil Market by Distribution Channel (Convenience Stores): Value Trends (in Million US$), 2015 & 2020
Figure 49: Global: Avocado Oil Market Forecast by Distribution Channel (Convenience Stores): Value Trends (in Million US$), 2021-2026
Figure 50: Global: Avocado Oil Market by Distribution Channel (Online Stores): Value Trends (in Million US$), 2015 & 2020
Figure 51: Global: Avocado Oil Market Forecast by Distribution Channel (Online Stores): Value Trends (in Million US$), 2021-2026
Figure 52: Global: Avocado Oil Market by Distribution Channel (Others): Value Trends (in Million US$), 2015 & 2020
Figure 53: Global: Avocado Oil Market Forecast by Distribution Channel (Others): Value Trends (in Million US$), 2021-2026

 
List of Tables

Table 1: Global: Avocado Processing Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Avocado Oil Market: Key Industry Highlights, 2020 and 2026
Table 3: Global: Avocado Oil Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 4: Global: Avocado Oil Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Avocado Oil Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 6: Global: Avocado Oil Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 7: Global: Avocado Oil Market Structure
Table 8: Global: Avocado Oil Market: Key Players

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Key Question Answered in this Report

The global avocado oil market reached a value of US$ 484.6 Million in 2020.

The growing awareness of the nutritional and health benefits associated with the consumption of avocado oil represent the primary market drivers.

One of the major market trends is the growing demand for organic and minimally processed avocado oil among consumers. Consequently, manufacturers are offering cold-pressed variants with minimal nutrient loss during extraction.

The outbreak of the coronavirus disease (COVID-19) has led to a slowdown in the production and demand for avocado oil, which has negatively impacted the market.

At present, extra virgin oil is the most preferred product type. Other major segments are refined oil and blends.

The majority of the avocado oil is distributed through business to business channel, followed by the business to consumer channels, which include supermarkets/hypermarkets, convenience stores, online and others.

On the basis of the application, the market has been segregated into food and beverages, cosmetics, pharmaceuticals and others. Amongst these, cosmetics hold the largest market share.

Region-wise, North America exhibits a clear dominance in the market. Other major regions include Europe, Asia Pacific, Latin America, and Middle East and Africa.

The leading players operating in the industry are Olivado Group, Sesajal S.A. de C.V., Grupo Industrial Batellero S.A. De C.V., The Village Press, Spectrum Organic Products, LLC, Bella Vado Avocado Oil, and Chosen Foods LLC.

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