Report Ocean has recently published the “Extra Virgin Avocado Oil Market“ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
Extra virgin avocado oil is extracted from pressing fresh Hass and Fuerte type of avocado fruit that has strong avocado aroma. The avocado oil majorly finds its application in cosmetics and food & beverage industry. The extra virgin avocado oil is rich in vitamin A, D, E, C, omega 3 fatty acid, and oleic acid. It is used in hair & skin care solutions and cooking oil due to its proven health benefits. The adoption of extra virgin avocado oil has been witnessed to be considerably high in the developed countries such as the U.S., Canada, and Germany, while emerging countries such as China, Brazil, and India are catching up quickly.
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The global extra virgin avocado oil market has witnessed significant growth over the years and is expected to grow at a steady pace during the forecast period. Furthermore, the high smoke point of this oil makes it ideal for cooking, which boosts the growth of avocado oil and is also responsible to drive the growth of the global extra virgin avocado oil market.
In addition, increase in prevalence of diseases such as blood pressure, coronary heart diseases, and diabetes fuel the adoption of extra virgin avocado oil in the emerging countries such as U.S., Germany, China, and Brazil, which boosts the market growth. However, high cost of this oils coupled with issues regarding storage and small shelf life limit the growth of the global market. In addition, there are many edible oils available in the market that are a combination of regular oil and flavored avocado oil along with the same characteristics, which in turn is anticipated to restrain the growth of global extra virgin avocado oil market.
There are also many competitive products of avocado oil such as hemp oil, olive oil, chia seed oil, and others available in the market along with the same health benefits. Their manufacturing cost is also low when compared with avocado oil. This limits the growth of the global market. Conversely, surge in demand for trendy cosmetics containing extra virgin avocado oil is beneficial for skin and hair. This is anticipated to provide lucrative growth opportunities for the extra virgin avocado oil market.
The global extra virgin avocado oil market is segmented into application, distribution channel and region. On the basis of application, the market is segregated into food & beverage and cosmetics. By distribution channel, it is fragmented into supermarkets/hypermarkets, beauty store, and online store. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
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KEY BENEFITS FOR STAKEHOLDERS
– The report provides a quantitative analysis of the current extra virgin avocado oil market trends, estimations, and dynamics of the market size from 2019 to 2026 to identify the prevailing opportunities.
– Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
– In-depth analysis and the extra virgin avocado oil market size and segmentation assists to determine the prevailing opportunities.
– The major countries in each region are mapped according to their revenue contribution to the global extra virgin avocado oil market.
– The market player positioning facilitates benchmarking and provides a clear understanding of the present position of the players in the industry.
The key players profiled in the report include Aceitera Mevi Mexico 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., and Westfalia Fruit (Pty) Ltd.
The other players operating in the global extra virgin avocado oil marketare Spectrum Organics Products, LLC (Hain Celestial Group, Inc.), La Tourangelle, Inc., Madana Inc., Proteco Gold Pty Ltd, Sesajal S.A de C.V., Cibaria International, The Village Press, Avocados Australia Limited., Chosen Foods, LLC, Grupo Industrial Batellero, La Tourangelle, Avoolio, Ahuacatlan Avocado Oil, Kevala, Bio Planete, Da Gama Avocado Oil, Cate de mi Corazon, AvoPure, Kahangi Estate, and Tron Hermanos, S.A. de C.V.
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KEY MARKET SEGMENTATION
– By Application
– Food & Beverage
– Cosmetic
– By Distribution Channel
– Supermarkets/Hypermarkets
– Beauty Store
– Online Store
– By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
– Asia-Pacific
o China
o Japan
o Australia
o India
o South Korea
o Rest of Asia-Pacific
– LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Key Questions Market Research and Analysis Report
- What is the current market size, both in terms of value and volume?
- What is the historical growth rate of the market, and what are the projected growth rates for the future?
- Who are the major players in the market, and what is their market share?
- What are the market trends and dynamics influencing the industry?
- What are the key drivers of market growth?
- What are the challenges and barriers faced by market participants?
- What are the emerging opportunities in the market?
- What is the competitive landscape of the market?
- What are the consumer preferences, behaviors, and buying patterns within the market?
- What is the market segmentation, and how are different market segments performing?
- What are the pricing trends and strategies in the market?
- What are the distribution channels and their effectiveness in reaching the target audience?
- What are the regulatory and legal factors impacting the market?
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