Increasing Consumer Awareness To Fuel Adoption of Avocado Oil Market : Fact.MR

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.

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Key Highlights on the Global Avocado Oil Market

  • Region wise, Latin America is expected to showcase higher consumption of avocado oil in the coming years. Growth of the avocado oil market in this region is largely driven by avocado oil sales and exports from Mexico, which is the largest producer of avocado oil. Moreover, North America has shown high growth potential for avocado oil market owing to higher demand for the product due to health benefits it offers. North America avocado oil market is projected to expand at a high value CAGR of 8.7% during the forecast period
  • Extra-virgin avocado oil has gained high traction since past years. The sale of extra-virgin avocado oil is the largest as compared to other avocado oil product types. This is mainly because extra-virgin oil has a higher smoke point. It is produced at lower temperatures owing to which it has higher nutritional value, strong flavor and aroma. It has natural taste and is extensively used  for spreading, emulsifying, drizzling and dipping in cooking applications
  • By application, the retail segment is expected to lead the global avocado oil market. The sale of avocado oil for medicinal and cosmetic and personal care applications is also expected to trigger the growth of the global market during the forecast period
  • Sale of avocado oil from specialty stores is expected to touch an estimate of over US$ 550 Mn by 2026 end. Specialty stores segment is the largest with a high valuation and is poised to lead the global market. Also modern trade is expected to gain high traction in the coming years
  • By source, hass is a highly preferred choice for the production of avocado oil. The hass segment is expected to grow at a high value CAGR of 8.1% during the period of assessment

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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 Extra-virgin OilVirgin OilPure OilBlends Oil
Application RetailCosmetics and Personal CareMedicinalOther Applications
Sales Channel Specialty StoresModern TradeDrug StoresOnline StoresOther Sales Channels
Source HassFuertesOther Sources
Region North AmericaLatin AmericaEuropeJapanAPEJMEA

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The report covers following Avocado Oil Market insights and assessment that are helpful for all participants involved in the Intradermal Injections market:

  • Data on recently introduced regulations and their impact on key industries and on demand in Intradermal Injections
  • Latest industry Analysis on Avocado Oil Market, with key analysis of market drivers, trends, and influencing factors
  • Key trends Analysis of Avocado Oil Market and changing consumer preferences in major industries.
  • Changing Intradermal Injections demand and consumption of diverse products
  • Major trends underlining funding by key investors in numerous countries
  • New investment opportunities in diverse technology and product or service types
  • Comprehensive data and Competitive analysis of Intradermal Injections major players
  • Avocado Oil Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
  • Intradermal Injections demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth

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