The global avocado oil market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The rising number of diseases such as cardiovascular diseases (CVDs) and eye-related disorders is one of the major factors driving the avocado oil market. Due to its high nutritional value and other important nutrients, avocado oil is used in drugs treating such diseases. Avocado oil contains vitamin E and Lutein, which are useful for the eyes. According to the World Health Organization (WHO), around 2.2 billion people aged 50 years and above were diagnosed with near or distant vision impairments. Avocado oil can be used to help in vision impairment prevention. Due to the presence of vitamin E, avocado oil protects against macular degeneration of the eyes and improves eyesight. Macular diseases can lead to vision impairment and blindness.
Moreover, the number of CVDs is growing across the globe, which has increased the death rates. According to the WHO, around 18 million people die every year due to heart-related disorders such as heart attacks or strokes. To decline the rate of heart disease, the American Heart Association (AHA) has recommended limiting 5-6% Trusted Source of calories intake from saturated fatty acid (SFA), and replacing SFA and trans-fats with monounsaturated fats (MUFA) and polyunsaturated fats for better heart health. Avocados are rich in MUFAs and polyunsaturated fats, thus, their regular consumption reduces triglycerides, low-density lipoprotein (LDL) cholesterol, and total cholesterol level. According to ClinicalTrial.gov, the consumption of 2 avocados per week decreases the risk of heart disease by 16% over 30 years.
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Market Coverage
The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Type
By Application
End-User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- La Tourangelle, Inc., Hain Celestial Group, Inc., Tanlay AG trading, Avocado Oil New Zealand Ltd., Cibaria International Inc., and others.
Avocado Oil Market Report Segment
By Type
Extra Virgin Oil
Virgin Oil
Pure/Refined Oil
Blend
By Application
Food and Beverages
Pharmaceuticals And Medicinal Formulations
Personal Care and Cosmetics
Others
By End-User
Food Processing
Personal Care Products
Medicinal Products
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Avocado Oil Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Antipodes
Vital Farms, Inc.
Crofts Ltd.
Sesajal LLC
Black & Green
Alfa Laval India Pvt. Ltd.
THE VINCENT CORP.
Avocado Health Ltd.
M/S Fragrance World
Mirchandani Pty Ltd.
Flottweg SE
Creede Olive Oil Co.
Shay and Company, Inc.
Olive oil Co.
Westfalia Fruit (Pty) Ltd.
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