Market Overview:
The global avocado oil market reached a value of US$ 494 Million in 2019. 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.
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 demand of avocado oil in the healthcare industry is also expected to create a positive impact on the growth of the market. Looking forward, IMARC Group expects the global avocado oil market to exhibit moderate growth during 2020-2025.
Report Scope
Market Breakup by Product Type:
- Extra Virgin Oil
- Refined Oil
- Blends
- Others
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America.
Application Insights:
- Food and Beverages
- Cosmetics
- Pharmaceuticals
- Others
Distribution Channel:
- Business to Business
- Business to Consumer
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Stores
- Others
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
Key Questions Answered in This Report:
The global avocado oil market was worth US$ 494 Million in 2019.
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.
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
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$), 2014-2019
Figure 3: Global: Avocado Processing Market: Breakup by Product Type (in %), 2019
Figure 4: Global: Avocado Processing Market: Breakup by Application (in %), 2019
Figure 5: Global: Avocado Processing Market: Breakup by Region (in %), 2019
Figure 6: Global: Avocado Processing Market: Breakup by Distribution Channel (in %), 2019
Figure 7: Global: Avocado Processing Market Forecast: Value Trends (in Million US$), 2020-2025
Figure 8: Global: Avocado Oil Market: Value Trends (in Million US$), 2014-2019
Figure 9: Global: Avocado Oil Market: Breakup by Product Type (in %), 2019
Figure 10: Global: Avocado Oil Market: Breakup by Region (in %), 2019
Figure 11: Global: Avocado Oil Market: Breakup by Application (in %), 2019
Figure 12: Global: Avocado Oil Market: Breakup by Distribution Channel (in %), 2019
Figure 13: Global: Avocado Oil Market Industry: SWOT Analysis
Figure 14: Global: Avocado Oil: Porter’s Five Forces Analysis
Figure 15: Avocado Oil Industry: Profit Margins at Various Levels of the Supply Chain
Figure 16: Global: Avocado Oil Industry: Value Chain Analysis
Figure 17: Global: Avocado Oil Market Forecast: Value Trends (in Million US$), 2020-2025
Figure 18: Global: Avocado Oil Market by Type (Extra-Virgin Oil): Value Trends (in Million US$), 2014 & 2019
Figure 19: Global: Avocado Oil Market Forecast by Type (Extra-Virgin Oil): Value Trends (in Million US$), 2020-2025
Figure 20: Global: Avocado Oil Market by Type (Refined Oil): Value Trends (in Million US$), 2014 & 2019
Figure 21: Global: Avocado Oil Market Forecast by Type (Refined Oil): Value Trends (in Million US$), 2020-2025
Figure 22: Global: Avocado Oil Market by Type (Blends): Value Trends (in Million US$), 2014 & 2019
Figure 23: Global: Avocado Oil Market Forecast by Type (Blends): Value Trends (in Million US$), 2020-2025
Figure 24: Global: Avocado Oil Market by Type (Others): Value Trends (in Million US$), 2014 & 2019
Figure 25: Global: Avocado Oil Market Forecast by Type (Others): Value Trends (in Million US$), 2020-2025
Figure 26: North America: Avocado Oil Market: Value Trends (in Million US$), 2014 & 2019
Figure 27: North America: Avocado Oil Market Forecast: Value Trends (in Million US$), 2020-2025
Figure 28: Europe: Avocado Oil Market: Value Trends (in Million US$), 2014 & 2019
Figure 29: Europe: Avocado Oil Market Forecast: Value Trends (in Million US$), 2020-2025
Figure 30: Asia Pacific: Avocado Oil Market: Value Trends (in Million US$), 2014 & 2019
Figure 31: Asia Pacific: Avocado Oil Market Forecast: Value Trends (in Million US$), 2020-2025
Figure 32: Middle East and Africa: Avocado Oil Market: Value Trends (in Million US$), 2014 & 2019
Figure 33: Middle East and Africa: Avocado Oil Market Forecast: Value Trends (in Million US$), 2020-2025
Figure 34: Latin America: Avocado Oil Market: Value Trends (in Million US$), 2014 & 2019
Figure 35: Latin America: Avocado Oil Market: Forecast: Value Trends (in Million US$), 2020-2025
Figure 36: Global: Avocado Oil Market by Application (Food and Beverages): Value Trends (in Million US$), 2014 & 2019
Figure 37: Global: Avocado Oil Market Forecast by Application (Food and Beverages): Value Trends (in Million US$), 2020-2025
Figure 38: Global: Avocado Oil Market by Application (Cosmetics): Value Trends (in Million US$), 2014 & 2019
Figure 39: Global: Avocado Oil Market Forecast by Application (Cosmetics): Value Trends (in Million US$), 2020-2025
Figure 40: Global: Avocado Oil Market by Application (Pharmaceuticals): Value Trends (in Million US$), 2014 & 2019
Figure 41: Global: Avocado Oil Market Forecast by Application (Pharmaceuticals): Value Trends (in Million US$), 2020-2025
Figure 42: Global: Avocado Oil Market by Application (Others): Value Trends (in Million US$), 2014 & 2019
Figure 43: Global: Avocado Oil Market Forecast by Application (Others): Value Trends (in Million US$), 2020-2025
Figure 44: Global: Avocado Oil Market (Business to Business Distribution): Value Trends (in Million US$), 2014 & 2019
Figure 45: Global: Avocado Oil Market Forecast (Business to Business Distribution): Value Trends (in Million US$), 2020-2025
Figure 46: Global: Avocado Oil Market by Distribution Channel (Supermarkets/ Hypermarkets): Value Trends (in Million US$), 2014 & 2019
Figure 47: Global: Avocado Oil Market Forecast by Distribution Channel (Supermarkets/ Hypermarkets): Value Trends (in Million US$), 2020-2025
Figure 48: Global: Avocado Oil Market by Distribution Channel (Convenience Stores): Value Trends (in Million US$), 2014 & 2019
Figure 49: Global: Avocado Oil Market by Distribution Channel (Convenience Stores): Value Trends (in Million US$), 2020-2025
Figure 50: Global: Avocado Oil Market by Distribution Channel (Online): Value Trends (in Million US$), 2014 & 2019
Figure 51: Global: Avocado Oil Market Forecast by Distribution Channel (Online): Value Trends (in Million US$), 2020-2025
Figure 52: Global: Avocado Oil Market by Distribution Channel (Others): Value Trends (in Million US$), 2014 & 2019
Figure 53: Global: Avocado Oil Market Forecast by Distribution Channel (Others): Value Trends (in Million US$), 2020-2025
List of Tables
Table 1: Global: Avocado Processing Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Avocado Oil Market: Key Industry Highlights, 2019 and 2025
Table 3: Global: Avocado Oil Market Forecast: Breakup by End Use (in Million US$), 2020-2025
Table 4: Global: Avocado Oil Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 5: Global: Avocado Oil Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 6: Global: Avocado Oil Market Forecast: Breakup by Distribution Channel (in Million US$), 2020-2025
Table 7: Global: Avocado Oil Market Structure
Table 8: Global: Avocado Oil Market: Key Players