AVOCADO OIL MARKET ANALYSIS

Market Concentration and Competitive Landscape

Close-monitor your Competitor's Move, Request sample copy

Another key factor driving the avocado oil market is the rising adoption of healthy cooking oils globally as people are becoming increasingly health conscious. Saturated oils like butter and lard that were traditionally used for cooking are now being replaced with monounsaturated rich avocado oil. It has a high smoke point of 520 degrees Fahrenheit, which makes it suitable for recipes that require high heat cooking like stir frying and sautéing. Unlike other vegetable oils, avocado oil retains its natural nutrients even when heated to very high temperatures. As consumers are more aware of the role of diet in maintaining overall well-being, they carefully scrutinize ingredient labels and choose products that offer optimum nutritional value. Avocado oil perfectly fits their requirements of a healthy fat that is stable at high cooking temperatures and imparts a mild flavor to dishes. Moreover, its production does not involve harmful chemical extraction processes like other vegetable oils. Rise in international cuisines incorporating avocado oil is also propelling the market as people traveling globally have been exposed to usage of this healthy oil in different cultures.