Increase in awareness about health benefits, high smoke point, and surge in adoption in the cosmetics industry drive the growth of the global extra virgin avocado oil market. However, high cost and availability of alternatives hinder the market growth. On the other hand, rise in adoption in developing countries present new opportunities in the coming years.

Request The Free Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/6301

Leading market players
• Aceitera Mevi México SA de CV
• Aconcagua Oil & Extract SA
• Avocado Oil New Zealand Ltd (Grove Avocado Oil)
• Bella Vado, Inc.
• CalPure Foods, Inc.
• Crofts Ltd.
• Mt. Kenya Fresh Avocados
• Nobel Foods
• Olivado Ltd.
• Westfalia Fruit (Pty) Ltd.

Covid-19 Scenario
• Manufacturing activities have been halted due to lockdown enforced by governments to curb the spread of coronavirus. Moreover, the raw material shortage has occurred. Application industries cosmetics and food & beverages also halted production activities. This resulted in decreased demand.
• Supermarket stores were closed fully or opened for a specific period. This resulted in decreased sales of extra virgin avocado oil. Moreover, online stores stopped delivery services.
• The demand would grow as stores open for the full time, online channels begin delivery services, and application industries begin their daily operation during the post-lockdown period. The supply and demand gap would close gradually.