Report Overview

The global avocado oil market size attained a value of approximately USD 640.09 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.80%, reaching a value of around USD 1060.14 million by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Avocado Oil Market Analysis

As there is a growing consumer inclination towards using products that do not contain harmful chemicals, the quest for natural and organic oils, including avocado oil, has gained interest in several sectors. The use of avocado oil for cooking, skincare, and personal care products attracts consumers who care about health and the environment. This is a key trend that is going to boost avocado oil market demand, as brands continue to expand their product offered due to the consumer’s propensity for less processed and naturally sourced products, thus market expansion in food and cosmetic uses of avocado oil.

Avocado oil's increasing popularity in the cosmetic and personal care sections can be attributed to the reasons above rather than its inexpensive availability. This is especially true as its moisturising, and skin rejuvenating properties make it suitable for skin, hair, and beauty products. The fact that it is packed with vitamins and antioxidants as well as good fats which help repair and nourish the skin and hair makes it very ideal for the market which is looking for effective beauty solutions that are plant-based. Such an appeal is compelling manufacturers to add this oil to various products ranging from facial serums to conditioners, therefore increasing the growth of the avocado oil market. As the users of personal grooming products also focus on organic elements, the avocado oil market is extended across beauty and wellness products for its expanded usage.

Internal factors that determine the avocado oil market dynamics and trends are stakeholders’ preferences, which can be attributed to health-focused diets such as the ketogenic and Mediterranean diets, thus increasing the consumption of avocado oil that fits such diets. The high levels of monounsaturated fatty acids in avocado oil enhance cardiovascular health which makes it suitable for health-centered customers. This trend in dietary practices is supporting the expansion of the avocado oil market for individuals who are more interested in oils to reinforce their healthy living such, as imported and domestic foods, thereby increasing its application in cooking and food preparation in different countries.

Avocado Oil Market Report Snapshots

Avocado Oil Market Size

Avocado Oil Market Share

Avocado Oil Market Analysis

Avocado Oil Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global avocado oil market attained a value of nearly USD 640.09 million.

The market is projected to grow at a CAGR of 5.80% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032, reaching a value of around USD 1060.14 million by 2032.

The major drivers of the market include increasing awareness regarding the benefits of avocado oil, rising disposable incomes, increasing population, and busier lifestyles.

The key avocado oil market trends include shift towards foods with higher content of beneficiary fatty acids, rising demand for organic skin care and personal care products, and increasing availability of avocado oils.

The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

By product type, the market is divided into extra-virgin oil, refined oil, blends, and others.

Based on application, the market is segmented into food and beverages, cosmetics, pharmaceuticals, and others.

The significant distribution channels for avocado oil are business to business and business to consumer.

The competitive landscape consists of Olivado Group, Grupo Industrial Batellero, The Village Press, Spectrum Organics, Chosen Foods LLC, Tanlay AG (Olivado), La Tourangelle, Crofts Limited, Kevala, and Bella Vado Avocado Oil, among others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124

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