Avocado Oil Market Analysis and Forecast to 2032: By Type, (Virgin Avocado Oil, Refined Avocado Oil, and Fractionated Avocado Oil), Application (Food, Cosmetics, Pharmaceuticals, Others), and Region

The global avocado oil market was valued at USD 757.7 million in 2022 and it is anticipated to grow further till USD 1363.7 million by 2032, at a CAGR of 6.1% during the forecast period.

Avocado oil is a type of oil that is extracted from the flesh of avocados. It is a fatty oil that is high in monounsaturated fats and has a number of health benefits. Avocado oil is a good source of vitamins and minerals, including vitamin E and potassium. It also contains high levels of monounsaturated fats, which have been shown to help lower cholesterol levels and reduce the risk of heart disease

Global Avocado Oil Market Scope and Report Structure
Report AttributeDetails
Market Size in 2022US$ 757.7 Million
Market Size in 2032US$ 1363.7 Million
CAGR %6.1%
Historic Period2016-2021
Forecast Period2023-2032
Base Year2022
Segments CoveredType, Application, and Region
Key CompaniesLa Tourangelle, Inc., Omega Nature’s Finest, Nutiva, Inc., Chosen Foods LLC, Bertolli olive oils & vinegars, Spectrum Organics Products, LLC, Madana Inc., Proteco Gold Pty Ltd, ZOE Extra Virgin Olive Oil, and California Olive Ranch among others.
Regional ScopeNorth America, Europe, Asia Pacific, Central & South America, Middle East & Africa
Analysis CoverageMarket Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments
Market Drivers and Trends

The main drivers of the avocado oil market are the growing popularity of the fruit as healthy food and the rising demand for natural and organic products. Other factors that are driving the market are the increasing disposable incomes and the changing lifestyle of consumers.

The market is driven by the growing popularity of fruit as healthy food and the rising demand for natural and organic products. Other factors that are driving the market are the increasing disposable incomes and the changing lifestyle of consumers.

The main restraints on the market are the high cost of the product and the limited availability of the raw material. The other factors that are restraining the market growth are the stringent regulations regarding the use of chemicals and pesticides in the production of avocado oil.

Market Restraints and Challenges

The key restraints and challenges in the avocado oil market are:

1. Lack of awareness about the health benefits of avocado oil

2. Limited availability of avocado oil

3. High cost of avocado oil

Global Avocado Oil Market Segmental Overview

The global avocado oil market is segmented into type, application, and region.

Global Avocado Oil Market by Type

Based on type, it is segmented into virgin avocado oil, refined avocado oil, and fractionated avocado oil. The virgin avocado oil segment is anticipated to dominate the market during the forecast period. Similarly, the refined avocado oil segment is anticipated to witness the fastest growth during the forecast period.

Global Avocado Oil Market by Application

Based on the application, it is segmented into food, cosmetics, pharmaceuticals, and others. The food segment is anticipated to dominate the market during the forecast period. Similarly, the cosmetics segment is anticipated to witness the fastest growth during the forecast period.

Geographical Analysis of the Global Avocado Oil Market

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

Major Players in the Global Avocado Oil Market

The key players studied in the report are La Tourangelle, Inc., Omega Nature’s Finest, Nutiva, Inc., Chosen Foods LLC, Bertolli olive oils & vinegars, Spectrum Organics Products, LLC, Madana Inc., Proteco Gold Pty Ltd, ZOE Extra Virgin Olive Oil, and California Olive Ranch among others.

COVID-19 Impact

The COVID-19 pandemic has led to a dramatic loss of human life across the globe and presents an unprecedented challenge to public health, food systems, and the world of work. The economic and social disruption caused by the pandemic is devastating: tens of millions of people are at risk of falling into extreme poverty, while the number of undernourished people.

Recent Developments
  • October 2021, U.S. based brand, Jackson’s Honest, expanded its snack portfolio of sweet potato chips with new packaging. In addition to the company’s original sea salt with Coconut Oil chips, the lineup contains three new flavors made with avocado oil: Spicy Tomatillo, Sea Salt, and Carolina BBQ.
  • August 2021, Austin, Texas-based Vital Farms introduced its newest product, pasture-raised butter with sea salt and avocado oil.
  • April 2021, U.S. based company Catania Oils launched a 750 ml Marconi Avocado fruit Oil that is available for private label. The product is a smaller size than a previously launched version of the product.
  • March 2021, France-based brand laboratories Expanscience launched a new organic, emollient and nourishing avocado fruit oil, obtained by cold pressing of whole avocados previously dehydrated.
Frequently Asked Questions

Q1. How big is the Avocado Oil market?

Ans. The global Avocado Oil market size was USD 757.7 million in 2022 and it is anticipated to grow further till USD 1363.7 million by 2032, at a CAGR of 6.1% from 2023 to 2032.

Q2. What is the Avocado Oil market growth rate?

Ans. The growth rate of the Avocado Oil market is 6.1%.

Q3. Which region holds a major market share for the Avocado Oil market?

Ans. North America holds a major market share of the Avocado Oil market in 2022.

Q4. Which segment accounted for the largest Avocado Oil market share?

Ans. By application, food segment accounted for the largest Avocado Oil market share.

Q5. Who are the key players in the Avocado Oil market?

Ans. The global Avocado Oil market report includes players such as La Tourangelle, Inc., Omega Nature’s Finest, Nutiva, Inc., Chosen Foods LLC, Bertolli olive oils & vinegars, Spectrum Organics Products, LLC, Madana Inc., Proteco Gold Pty Ltd, ZOE Extra Virgin Olive Oil, and California Olive Ranch among others.

Q6. What are the factors driving the Avocado Oil market growth?

Ans. The major factors driving the growth of the market are the growing market in emerging countries.

Q7. What are the key growth strategies of Avocado Oil market players?

Ans. The key growth strategies of Avocado Oil market players are product launch and product approval.

Q8. Which region will provide more business opportunities for the Avocado Oil market during the forecast period?

Ans. The Asia-Pacific region will provide more business opportunities for the Avocado Oil market during the forecast period.

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Avocado Oil Market Outlook
3.1. Avocado Oil Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Avocado Oil Market

Chapter 4. Economic Impact of COVID-19 on Avocado Oil Market
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Avocado Oil Market
4.3. Economic Impact Analysis

Chapter 5. Avocado Oil Market by Type
5.1. Market Overview
5.2. Virgin Avocado Oil,
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Refined Avocado Oil
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Fractionated Avocado Oil
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 6. Avocado Oil Market by Application
6.1. Market Overview
6.2. Food
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Cosmetics
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Pharmaceuticals
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Others
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 7. Avocado Oil Market, by Region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. North America Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.2.3. North America Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.2.4. North America Avocado Oil Market Size and Forecast by Country, 2021-2031, ($Million)
7.2.5. The U.S.
7.2.5.1. The U.S. Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.2.5.2. The U.S. Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.2.6. Canada
7.2.6.1. Canada Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.2.6.2. Canada Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.2.7. Mexico
7.2.7.1. Mexico Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.2.7.2. Mexico Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Europe Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.3. Europe Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.4. Europe Avocado Oil Market Size and Forecast by Country, 2021-2031, ($Million)
7.3.5. Germany
7.3.5.1. Germany Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.5.2. Germany Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.6. France
7.3.6.1. France Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.6.2. France Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.7. U.K.
7.3.7.1. U.K. Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.7.2. U.K. Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.8. Spain
7.3.8.1. Spain Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.8.2. Spain Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.9. Italy
7.3.9.1. Italy Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.9.2. Italy Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.10. Rest of Europe
7.3.10.1. Rest of Europe Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.10.2. Rest of Europe Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Asia-Pacific Avocado Oil Market Size and Forecast by Country, 2021-2031, ($Million)
7.4.3. Asia-Pacific Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.4.4. Asia-Pacific Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.5. China
7.4.5.1. China Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.5.2. China Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.4.6. India
7.4.6.1. India Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.6.2. India Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.4.7. Japan
7.4.7.1. Japan Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.7.2. Japan Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.4.8. South Korea
7.4.8.1. South Korea Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.8.2. South Korea Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.4.9. Rest of APAC
7.4.9.1. Rest of APAC Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.9.2. Rest of APAC Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.5. Rest of the World
7.5.1. Key Market Trends and Opportunities
7.5.2. Rest of the World Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.5.3. Rest of the World Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.5.4. Rest of the World Avocado Oil Market Size and Forecast by Country, 2021-2031, ($Million)
7.5.5. Latin America
7.5.5.1. Latin America Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.5.5.2. Latin America Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.5.6. Middle East
7.5.6.1. Middle East Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.5.6.2. Middle East Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)
7.5.7. Africa
7.5.7.1. Africa Avocado Oil Market Size and Forecast by Type, 2021-2031, ($Million)
7.5.7.2. Africa Avocado Oil Market Size and Forecast by Application, 2021-2031, ($Million)

Chapter 8. Competitive Landscape
8.1. Market Overview
8.2. Market Share Analysis/Key Player Positioning
8.3. Developmental Strategy Benchmarking
8.3.1. New Product Development
8.3.2. Product Launches
8.3.3. Business Expansions
8.3.4. Partnerships, Joint Ventures, and Collaborations
8.3.5. Mergers and Acquisitions

Chapter 9. Company Profiles
9.1. La Tourangelle, Inc.
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Offerings
9.1.4. Key Strategic Initiatives
9.1.5. SWOT Analysis
9.2. Omega Nature’s Finest
9.2.1. Company Snapshot
9.2.2. Financial Performance
9.2.3. Product offerings
9.2.4. Key Strategic Initiatives
9.2.5. SWOT Analysis
9.3. Nutiva, Inc.
9.3.1. Company Snapshot
9.3.2. Financial Performance
9.3.3. Product offerings
9.3.4. Key Strategic Initiatives
9.3.5. SWOT Analysis
9.4. Chosen Foods LLC
9.4.1. Company Snapshot
9.4.2. Financial Performance
9.4.3. Product offerings
9.4.4. Key Strategic Initiatives
9.4.5. SWOT Analysis
9.5. Bertolli olive oils & vinegars
9.5.1. Company Snapshot
9.5.2. Financial Performance
9.5.3. Product offerings
9.5.4. Key Strategic Initiatives
9.5.5. SWOT Analysis
9.6. Spectrum Organics Products, LLC
9.6.1. Company Snapshot
9.6.2. Financial Performance
9.6.3. Product offerings
9.6.4. Key Strategic Initiatives
9.6.5. SWOT Analysis
9.7. Madana Inc.
9.7.1. Company Snapshot
9.7.2. Financial Performance
9.7.3. Product offerings
9.7.4. Key Strategic Initiatives
9.7.5. SWOT Analysis
9.8. Proteco Gold Pty Ltd
9.8.1. Company Snapshot
9.8.2. Financial Performance
9.8.3. Product offerings
9.8.4. Key Strategic Initiatives
9.8.5. SWOT Analysis
9.9. ZOE Extra Virgin Olive Oil
9.9.1. Company Snapshot
9.9.2. Financial Performance
9.9.3. Product offerings
9.9.4. Key Strategic Initiatives
9.9.5. SWOT Analysis
9.10. California Olive Ranch
9.10.1. Company Snapshot
9.10.2. Financial Performance
9.10.3. Product offerings
9.10.4. Key Strategic Initiatives
9.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report

 

 

 

 

 

 

 

 

 

 

 

Market Segments

By Type

  • Virgin Avocado Oil,
  • Refined Avocado Oil
  • Fractionated Avocado Oil

By Application

  • Food
  • Cosmetics
  • Pharmaceuticals
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

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