This report calculates the Avocado Oil Market size, future trends, demand, revenue, price, growth, market drivers, opportunities and challenges, sales channels and distributors, and forecast (2021-2027). The competition in the global Avocado Oil industry is analyzed, taking into consideration price, revenue, sales, and market share by company, market concentration rate, competitive situations and trends, expansion, merger and acquisition, and market shares of top companies.
(Our SAMPLE COPY of the report gives a brief introduction of the Avocado Oil market, Detailed TOC, key players of the market, list of tables and figures, and comprising key countries & regions.)
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Avocado oil is extracted from the Persea Americana fruit and is used as a cooking oil, in cosmetics, and for lubrication, due to its moisturizing and regenerative properties. Avocado fruit is also known as butter pea or vegetable butter originated in Central America. Avocado oil consists high concentration of potassium, vitamins such as A, D, and E, and monounsaturated fats. Some of the properties of avocado oil are high smoke point to stop overheating of the oil and high monounsaturated fatty acids, fuels growth of the avocado oil market.
The personal care products is expected to hold for the largest market revenue over the forecast period (2017 to 2025), owing to its rapid absorption and high skin penetration. The positive impact of this oil for hair growth and cosmetic products such as nourishing creams, massage creams, and body lotions expected to fuel the avocado oil market growth.
According to Centers for Disease Control and Prevention (CDC), around 630,000 people die due to heart diseases every year, which are caused due to high LDL cholesterol, and high blood pressure. Moreover, CDC is involved in public health efforts related to heart disease. The Well-Integrated Screening and Evaluation for Women across the Nation (WISEWOMAN) was the program initiated by CDC in 2017 to help women in reducing their risk for heart diseases by providing services to promote lasting heart healthy lifestyle.
Increasing demand for avocado oil in personal care products owing to its beneficial monounsaturated fatty acids like oleic acid and its hydrating property, is expected to drive the market. According to the India Brand Equity Foundation (IBEF), the personal care products market is expected to reach US$ 10 billion by 2021 at a CAGR of 6%. The consumption of cosmetic products is increasing significantly, owing to increasing awareness and desire to look good. This in turn increases the demand for avocado oil in the region.
The avocado oil market was valued at US$ 62.8 million in 2016 and is expected to expand at a CAGR of 12.27%, in terms of revenue, over the forecast period (2017–2025).
North America accounted to hold a revenue share of 58.12% in the global avocado oil market in 2016. However, presence of other healthier oils such as olive oil and safflower oil, is expected to act as a restraint for the growth of avocado oil market.
Major Players in Global Avocado Oil Market:
Some of the key players operating in the global avocado oil market are Sesajal S.A. de C.V., Olivado, Grupo Industrial Batellero S.A. de C.V, YASIN, Tron Hermanos SA de CV, The Village Press, Bella Vado, Chosen Foods LLC, and Storino’s Quality Products.
[Note: *The PDF Brochure Includes
1) Table of Content (ToC),
2) Research Framework of the actual report, and
3) Research Methodology adopted for it.]
Important Information that can be extracted from the Report:
♦ Assessment of the COVID-19 impact on the growth of the Avocado Oil Market
♦ Successful market entry strategies formulated by emerging market players
♦ Pricing and marketing strategies adopted by established market players
♦ Country-wise assessment of the Avocado Oil Market in key regions
♦ Year-on-Year growth of each market segment over the forecast period 2027
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In Addition, The Years Considered For The Study Are As Follows:
Historical year – 2014 to 2018
Base year – 2019
Forecast period – 2020 to 2026
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