Avocado Oil Market to witness growth opportunities worth USD 868.83 Mn by 2029 at a CAGR of 5.81 percent

Pune 05, May 2023: The Avocado Oil Market was valued at USD 553 Mn in 2021 and is expected to grow at a CAGR of 5.81 percent to 868.83 Mn by 2029, according to a new report published by MMR.

Avocado Oil Market Report Scope and Research Methodology

The report presents a comprehensive analysis of the Global Avocado Oil Market to stakeholders in the industry. The report covers all aspects of the industry with a dedicated study of key players, including market leaders, followers, and new entrants. The report analyzes the market segments and projects the Avocado Oil Market size. The report also presents a clear representation of competitive analysis of key players by vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Avocado Oil Market.

The report presents a detailed analysis of the Avocado Oil Market based on primary and secondary research. The research methodology includes Porter's Five Forces Model, PESTEL analysis, and potential impact of micro-economic factors of the market. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

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Avocado Oil Market Dynamics

The major reason for increasing use of avocado oil in several industries is the high income growth rate in developed countries. The fact that it is the highest-priced oil used in cosmetics & food industry has proved beneficial to manufacturers. Avocado oil is rich in vitamins A, D, E, C, Omega 3 Fatty acid, and oleic acid, making it special. Almost 70% of avocado oil consists of heart-healthy oleic acid, which is a monounsaturated omega-9 fatty acid. It is also used in hair and skin care solutions.

The easy availability and lower price of avocado fruit oil substitutes, such as sunflower oil and olive oil, are expected to restrain the market growth. Moreover, the increasing presence of counterfeit products on supermarket shelves is anticipated to negatively impact the market.

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Avocado Oil Market Regional Insights

North America is the largest market for avocado oil consumption, with 272.21 Mn in 2021. The region is well-known for increasing the consumption of avocado oil and is expected to dominate the market in the upcoming years. The Asia-Pacific region is expected to grow at the highest CAGR in the upcoming years due to rising popularity and awareness of the product in China, Japan, India, and other Asian countries. In the European region, there is a growing demand for natural ingredients in the cosmetic sector, and it is expected that the demand for avocado oil will gradually increase in the upcoming years.

Avocado Oil Market Segmentation

By Type:

• Extra Virgin Oil
• Virgin Oil
• Pure/Refined Oil
• Blend

By Application:

• Food and Beverages
• Pharmaceutical and Medicinal formulation
• Personal care, Cosmetics

By Distribution Channel:

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

By Avacado Variety:

• Hass
• Fuerte
• Zutano
• Bacon
• Lamb Hass
• Gwen
• Others

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Avocado Oil Market Key Competitors include:

• Spectrum Organics Products.
• Bella Vado Inc.
• The Village Press.
• La Tourangelle, Inc.
• Proteco Gold pty Ltd.
• Sesajal S.A de C.V.
• Grupo industrial Batellero.
• grove Avocado Oil
• Ciberia International
• Olivado USA
• Avocado Oil & Extract SA
• Avocado Oil New Zealand Ltd
• Crofts
• Calpurefoods, Inc.
• Nobel Foods

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Table of Content for Avocado Oil Market:

Global Avocado Oil Market: Research Methodology

Global Avocado Oil Market: Executive Summary

Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Avocado Oil Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Avocado Oil Market Segmentation

Global Market, by Type (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Distribution Channel (2021-2029)
Global Market, by Avacado Variety (2021-2029)

Regional Avocado Oil Market (2021-2029)

Regional Market, by Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Distribution Channel (2021-2029)
Regional Market, by Avacado Variety (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

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Key Types:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Application, Distribution Channel and Avacado Variety
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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