Global Avocado Oil Market: By Product Type: Extra-Virgin Oil, Refined Oil, Blends, Others; By Application; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Value Chain Analysis; Price Analysis; Competitive Landscape; Industry Events and Developments

Global Avocado Oil Market Outlook

The global avocado oil market size reached a value of about USD 495 million in 2019. The avocado oil market is further expected to increase at a CAGR of 6.9% between 2020 and 2025 to reach a value of approximately USD 734 million by 2025.

North America is a leading region for the global avocado oil market. Extra virgin oil is the leading product type in the industry. The extra virgin oil has a high point of smoke. The oil is extracted at low temperatures because of which the oil possesses high nutritional content, fragrance, and flavour. Extra virgin avocado oil contains a natural taste because flavours and colouring agents are not used and can be used for emulsifying, spreading, frying, drizzling, and other cooking processes.

 

Global Avocado Oil Market Report and Forecast 2020-2025

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Properties and Applications

Avocado oil is a natural oil derived from the pulp of the avocado. Approximately 70% of the oil is composed of heart-healthy oleic acid, a monounsaturated omega-9 fatty acid. Avocado is high in sugar, potassium, rich in texture, and also has a good taste. Due to its high health benefits, the health-conscious population is a major consumer of avocado oil, particularly those dealing with obesity and heart attacks. In addition to the food and beverage industries, the product is also commonly used in pharmaceutical and cosmetic products. It does have a moisturising, antioxidant, emollient, and toning effect that keeps the skin radiant and helps to reduce blemish, dry skin, wrinkles, and acne.

Based on product type, the industry can be categorised as follows:

  • Extra Virgin Oil
  • Refined Oil
  • Blends
  • Others

Avocado oil finds wide application in the following sectors:

  • Food and Beverages
  • Cosmetics
  • Pharmaceuticals
  • Others

The distribution channels of the product can be divided into business to business and business to consumer.

Business to consumer channel can be further segmented into:

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others

The regional avocado oil markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Market Analysis

The increasing awareness of the rich nutritional profile of avocado oil is one of the main factors propelling the industry growth. With an increase in health consciousness across the world, customers are now willing to integrate nutritious ingredients into their everyday dietary habits. In fact, hectic lifestyles have drastically decreased physical activity, contributing to the rise of numerous lifestyle diseases. In order to counter this, consumers are gradually replacing butter and vegetable oils containing large concentrations of saturated fats with avocado oil, that has a higher content of beneficiary fatty acids. Moreover, the growing popularity of organic skin care and personal care products leads to the higher sales of carrier oils, further increasing the demand for avocado oil.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global avocado oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Olivado Group
  • Grupo Industrial Batellero
  • The Village Press
  • Spectrum Organics
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Avocado Processing Market Overview

    8.1    Key Industry Highlights
    8.2    Global Avocado Processing Historical Market (2015-2019) 
    8.3    Global Avocado Processing Market Forecast (2020-2025)
    8.4    Global Avocado Processing Market by Product Type
    8.5    Global Avocado Processing Market by Application
    8.6    Global Avocado Processing Market by Distribution Channel
    8.7    Global Avocado Processing Market by Region
9    Global Avocado Oil Market Analysis
    9.1    Key Industry Highlights
    9.2    Global Avocado Oil Historical Market (2015-2019) 
    9.3    Global Avocado Oil Market Forecast (2020-2025)
    9.4    Global Avocado Oil Market by Product Type
        9.4.1    Extra-Virgin Oil
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2015-2019)
            9.4.1.3    Forecast Trend (2020-2025)
        9.4.2    Refined Oil
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2015-2019)
            9.4.2.3    Forecast Trend (2020-2025)
        9.4.3    Blends
            9.4.3.1    Market Share
            9.4.3.2    Historical Trend (2015-2019)
            9.4.3.3    Forecast Trend (2020-2025)
        9.4.4    Others
    9.5    Global Avocado Oil Market by Application
        9.5.1    Food and Beverages
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2015-2019)
            9.5.1.3    Forecast Trend (2020-2025)
        9.5.2    Cosmetics
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2015-2019)
            9.5.2.3    Forecast Trend (2020-2025)
        9.5.3    Pharmaceuticals
            9.5.3.1    Market Share
            9.5.3.2    Historical Trend (2015-2019)
            9.5.3.3    Forecast Trend (2020-2025)
        9.5.4    Others
    9.6    Global Avocado Oil Market by Distribution Channel
        9.6.1    Business to Business
            9.6.1.1    Market Share
            9.6.1.2    Historical Trend (2015-2019)
            9.6.1.3    Forecast Trend (2020-2025)
        9.6.2    Business to Consumer
            9.6.2.1    Market Share
                9.6.2.1.1    Supermarkets/Hypermarkets
                9.6.2.1.2    Convenience Stores
                9.6.2.1.3    Online
                9.6.2.1.4    Others
            9.6.2.2    Historical Trend (2015-2019)
            9.6.2.3    Forecast Trend (2020-2025)
    9.7    Global Avocado Oil Market by Region
        9.7.1    Market Share
            9.7.1.1    North America
            9.7.1.2    Europe
            9.7.1.3    Asia Pacific
            9.7.1.4    Latin America
            9.7.1.5    Middle East and Africa
10    Regional Analysis
    10.1    North America
        10.1.1    Historical Trend (2015-2019)
        10.1.2    Forecast Trend (2020-2025)
        10.1.3    Breakup by Country
            10.1.3.1    United States of America 
            10.1.3.2    Canada
    10.2    Europe
        10.2.1    Historical Trend (2015-2019)
        10.2.2    Forecast Trend (2020-2025)
        10.2.3    Breakup by Country
            10.2.3.1    United Kingdom
            10.2.3.2    Germany
            10.2.3.3    France
            10.2.3.4    Italy
            10.2.3.5    Others
    10.3    Asia Pacific
        10.3.1    Historical Trend (2015-2019)
        10.3.2    Forecast Trend (2020-2025)
        10.3.3    Breakup by Country
            10.3.3.1    China
            10.3.3.2    Japan
            10.3.3.3    India
            10.3.3.4    ASEAN
            10.3.3.5    Australia
            10.3.3.6    Others
    10.4    Latin America
        10.4.1    Historical Trend (2015-2019)
        10.4.2    Forecast Trend (2020-2025)
        10.4.3    Breakup by Country
            10.4.3.1    Brazil
            10.4.3.2    Argentina
            10.4.3.3    Mexico
            10.4.3.4    Others
    10.5    Middle East and Africa
        10.5.1    Historical Trend (2015-2019)
        10.5.2    Forecast Trend (2020-2025)
        10.5.3    Breakup by Country
            10.5.3.1    Saudi Arabia
            10.5.3.2    United Arab Emirates
            10.5.3.3    Nigeria
            10.5.3.4    South Africa
            10.5.3.5    Others
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyers Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    EMR’s Key Indicators for Demand
    11.4    EMR’s Key Indicators for Price
12    Value Chain Analysis
13    Price Analysis

    13.1    North America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    13.2    Europe Historical Price Trends (2015-2019) and Forecast (2020-2025)
    13.3    Asia Pacific Historical Price Trends (2015-2019) and Forecast (2020-2025)
    13.4    Latin America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    13.5    Middle East and Africa Historical Price Trends (2015-2019) and Forecast (2020-2025)
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players Market Share
    14.3    Company Profiles
        14.3.1    Olivado Group
            14.3.1.1    Company Overview
            14.3.1.2    Product Portfolio
            14.3.1.3    Demographic Reach and Achievements
            14.3.1.4    Financial Summary
            14.3.1.5    Certifications
        14.3.2    Grupo Industrial Batellero
            14.3.2.1    Company Overview
            14.3.2.2    Product Portfolio
            14.3.2.3    Demographic Reach and Achievements
            14.3.2.4    Financial Summary
            14.3.2.5    Certifications
        14.3.3    The Village Press
            14.3.3.1    Company Overview
            14.3.3.2    Product Portfolio
            14.3.3.3    Demographic Reach and Achievements
            14.3.3.4    Financial Summary
            14.3.3.5    Certifications
        14.3.4    Spectrum Organics
            14.3.4.1    Company Overview
            14.3.4.2    Product Portfolio
            14.3.4.3    Demographic Reach and Achievements
            14.3.4.4    Financial Summary
            14.3.4.5    Certifications
        14.3.5    Others
15    Industry Events and Developments


List of Figures and Tables

1.    Global Avocado Oil Market: Key Industry Highlights, 2015 and 2025
2.    Global Avocado Oil Historical Market: Breakup by Product Type (USD Billion), 2015-2019
3.    Global Avocado Oil Market Forecast: Breakup by Product Type (USD Billion), 2020-2025
4.    Global Avocado Oil Historical Market: Breakup by Application (USD Billion), 2015-2019
5.    Global Avocado Oil Market Forecast: Breakup by Application (USD Billion), 2020-2025
6.    Global Avocado Oil Historical Market: Breakup by Distribution Channel (USD Billion), 2015-2019
7.    Global Avocado Oil Market Forecast: Breakup by Distribution Channel (USD Billion), 2020-2025
8.    Global Avocado Oil Historical Market: Breakup by Region (USD Billion), 2015-2019
9.    Global Avocado Oil Market Forecast: Breakup by Region (USD Billion), 2020-2025
10.    North America Avocado Oil Historical Market: Breakup by Country (USD Billion), 2015-2019
11.    North America Avocado Oil Market Forecast: Breakup by Country (USD Billion), 2020-2025
12.    Europe Avocado Oil Historical Market: Breakup by Country (USD Billion), 2015-2019
13.    Europe Avocado Oil Market Forecast: Breakup by Country (USD Billion), 2020-2025
14.    Asia Pacific Avocado Oil Historical Market: Breakup by Country (USD Billion), 2015-2019
15.    Asia Pacific Avocado Oil Market Forecast: Breakup by Country (USD Billion), 2020-2025
16.    Latin America Avocado Oil Historical Market: Breakup by Country (USD Billion), 2015-2019
17.    Latin America Avocado Oil Market Forecast: Breakup by Country (USD Billion), 2020-2025
18.    Middle East and Africa Avocado Oil Historical Market: Breakup by Country (USD Billion), 2015-2019
19.    Middle East and Africa Avocado Oil Market Forecast: Breakup by Country (USD Billion), 2020-2025
20.    North America Historical Price Trends and Forecast 2015-2025
21.    Europe Historical Price Trends and Forecast 2015-2025
22.    Asia Pacific Historical Price Trends and Forecast 2015-2025
23.    Latin America Historical Price Trends and Forecast 2015-2025
24.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
25.    Global Avocado Oil Market Structure

Key Questions Answered in the Report

In 2019, the global avocado oil market attained a value of nearly USD 495 million in 2019.

The market is projected to increase at a CAGR of 6.9% in the forecast period of 2020-2025.

The market is expected to witness a healthy growth between 2020 and 2025 to reach to reach nearly USD 734 million by 2025.

The major drivers of the market such as rising disposable incomes, increasing population, increasing health consciousness, and busier lifestyles are expected to aid the industry growth.

The shift away from products containing saturated fat and towards food with higher beneficiary fatty acids content, along with the rising demand for organic skin care and personal care product, are expected to be the leading trends defining the growth of the market.

North America is a leading region for the market. Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the other major regions in the market.

Extra virgin oil is the most significant product type in the industry.

The leading application segments in the market are food and beverages, cosmetics, pharmaceuticals, and others.

The major distribution channels for the products are business to business and business to consumer.

The major players in the industry are Olivado Group, Grupo Industrial Batellero, The Village Press, Spectrum Organics, and others.

Analyst Review

The global avocado oil market attained a value of USD 495 million in 2019 driven by the growing health consciousness of consumers and rising disposable incomes. Aided by the growing demand for organic cosmetics and personal care products, the market is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 6.89%. The avocado oil market is projected to reach USD 734 million by 2025.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the industry can be segmented into extra virgin oil, refined oil, and blends, among others, with extra virgin oil accounting for the largest market share. On the basis of application, the industry is segmented into food and beverages, cosmetics, pharmaceuticals, and others. The distributional channels in the market is bifurcated into business to business and business to consumer. The major regional markets for product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Olivado Group, Grupo Industrial Batellero, The Village Press, Spectrum Organics, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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