According to the global avocado oil market research report by IMARC Group, the market reached a value of US$ 484.6 Million in 2020. Looking forward, the market is expected to continue its moderate growth during the next five years.

Avocado oil is an edible oil that is pressed from the pulp of avocados. It contains high levels of oleic acid, which is a monounsaturated omega-9 fatty acid that has been proven healthy for the heart. It is also a rich source of essential minerals, beta carotene, protein, potassium, lecithin, and vitamins A, D, and E, along with small amounts of polyunsaturated fat.

Apart from the food and beverages industry, it forms an essential part of the cosmetic industry owing to its antioxidant and anti-inflammatory properties. When applied on the skin, it calms itchiness, heals chapped areas, treats acne, replenishes dryness, prevents blemishes, reduces signs of aging, increases collagen metabolism and shields the skin from ultraviolet damage.

Global Avocado Oil Market Trends:

The growing awareness about the rich nutritional profile of avocado oil is one of the key factors driving the market. With the rise health-consciousness across the globe, consumers are now inclined toward incorporating healthy ingredients in their daily dietary habits.

Furthermore, hectic lifestyle has significantly reduced physical activeness, thus resulting in the emergence of various lifestyle diseases.

In order to combat this, consumers are increasingly replacing butter and vegetable oil containing high concentrations of saturated fats with avocado oil, which has a higher content of beneficiary fatty acids.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/avocado-oil-market

In addition to this, the rising popularity of organic skin care and personal care products is contributing to the sales of carrier oils, thus further augmenting the demand for avocado oil.

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Avocado Oil Market Segmentation:

Market Breakup by Product Type

1. Extra-Virgin Oil2. Refined Oil3. Blends4. Others

Market Breakup by Region

1. North America2. Europe3. Asia Pacific4. Middle East and Africa5. Latin America

Market Breakup by Application

1. Food and Beverages2. Cosmetics3. Pharmaceuticals4. Others

Market Breakup by Distribution Channel

1. Business to Business2. Business to Consumer

Some of the leading players operating in the market are:

Olivado GroupSesajalGrupo Industrial BatelleroThe Village PressSpectrum organicsBella VadoChosen Foods LLC

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Contact Information:

Contact US: IMARC Group

30 N Gould St, Ste R

Sheridan, WY 82801, USA

Website: https://www.imarcgroup.com/

[email protected]

USA: +1-631-791-1145

Follow us on twitter: @imarcglobal

Linkedin: https://www.linkedin.com/company/imarc-group