The global avocado oil market is estimated to be valued at USD 665.9 Mn in 2024, growing at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.The global avocado oil market has witnessed significant growth in the past few years owing to the rising consumer awareness about the health benefits associated with avocado oil. Avocado oil is considered a super food by many due to its high monounsaturated fat content that helps lower cholesterol levels and reduce the risk of heart diseases. It is also a rich source of vitamins, minerals, and antioxidants that have anti-aging properties. The millennials today are more inclined towards healthy cooking oils and diet plans that use ingredients offering nutritional value. This changing consumer preference and rising health-consciousness have boosted the demand for avocado oil globally. Furthermore, the growth in the foodservice industry and expanding application scope of avocado oil in cosmetics and personal care items have propelled the market expansion.

 Market Dynamics:

The key drivers fueling the global avocado oil market include growing health consciousness among people, rising awareness about the various health benefits of avocado oil, and expanding application scope beyond dietary usage. However, high production costs associated with avocado oil due to the seasonal availability of raw materials and price volatility are significant challenges for market growth. Opportunities for market players lie in new product innovations, focusing on organic and non-GMO avocado oil varieties, and educating consumers about the nutritional superiority of avocado oil over other vegetable oils through marketing campaigns.

 Key Features of the Study:

• This report provides an in-depth analysis of the global avocado oil market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global avocado oil market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include 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, Storino's Quality Products., Aromex Industry, AOS Products Pvt. Ltd., Gustav Heess, Spectrum Organics Products, LLC, La Tourangelle, Inc., Proteco Gold Pty Ltd., Grove Avocado Oil, Cibaria International, Plenty Foods, Avocado Oil New Zealand Ltd, and AG Organica.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global avocado oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global avocado oil market.

Market Segmentation

• Product Type:
  • Virgin Oil
  • Extra Virgin Oil
  • Refined Oil
  • Others
• Application:
  • Personal Care Products
  • Food & Beverages
  • Medicinal Products
  • Others
• Distribution Channel:
  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Convenience Stores
  • Others
• Regional:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • 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
  • Storino's Quality Products.
  • Aromex Industry
  • AOS Products Pvt. Ltd.
  • Gustav Heess
  • Spectrum Organics Products, LLC
  • La Tourangelle, Inc.
  • Proteco Gold Pty Ltd.
  • Grove Avocado Oil
  • Cibaria International
  • Plenty Foods
  • Avocado Oil New Zealand Ltd
  • AG Organica