Press Release
Press Release
North America holds a significant market share due to the rising awareness regarding high nutrient content, mild flavour, and high smoke point of avocado oil. It is used not only for cooking but also as a valued ingredient in skincare and hair care products, further aiding the avocado oil market growth.
Nearly 25% of the American population dies due to cardiovascular disease. High levels of potassium and vitamin E found in avocado oil have anti-inflammatory and antioxidant effects that protect the cardiovascular system. Nutritionists recommend avocado oil due to its high level of monounsaturated fats, or the well-known oleic acid, which ranges from 72–76%, compared to 13–16% for saturated fat. The healthy eating trend in the region drives the demand for avocado oil.
Besides, the expansion of distribution channels is favouring the market growth. Online channels such as Amazon (NASDAQ: AMZN) are increasingly preferred by customers to purchase avocado oil due to their convenience, attractive discounts, and rapid delivery, among others.
The ongoing purity testing and companies’ commitment to purity expand the market demand. To ensure that the oil is only 100% pure avocado oil, Chosen Foods LLC tests each batch. The company is engaged in several tests by examining the fatty acid composition of oil to verify the 100% purity of its avocado oil product line. Utilising this testing technique, the company tracks the supply chain to guarantee the highest levels of quality and purity.
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The major players in the global avocado oil market are Olivado Group, Grupo Industrial Batellero, The Village Press, Spectrum Organics, Chosen Foods LLC, Tanlay AG (Olivado), La Tourangelle, Crofts Limited, Kevala, and Bella Vado Avocado Oil, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Application |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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