Owing to improper diet and lifestyle is expected to become a major driving factor for the consumption of avocado oil. In medical science and innovations in food nutrition have made it possible to use it to treat many health problems. Avocado oil is no exception. The growing popularity of this product has become different regions in the globe.
Fact.MR analysis on the global market for avocado oil reveals that the global avocado oil market is expected to witness stellar growth in the coming years. To back it up, the research anticipates that the sale of oil in various applications across the globe is expected to surpass an estimate of US $ 1700 Mn. Moreover, the global avocado oil market is projected to expand at a volume CAGR of 6.7% during the period of assessment, 2017-2026, which reflects the volume sales of the product across the global scenario.
Request Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=635
Their footholds in the market and by expanding their product lines. For example, Chosen Foods, a San Diego based company, has been acquired by Mexican company Sesajal SA de CV which claims to be a huge supplier of avocado oil. Chosen Foods are largely sold across the United States and Canada, making it a beneficial target market for avocado oil in the coming years. La Tourangelle Inc., The Village Press, Tron Hermanos SA De CV, BIO Planète, Kevala International Llc., Avocado Global Pte Ltd., SESAJAL SA de CV, CHOSEN FOODS LLC, Avocado Oil De Mexico,
Changing lifestyle and dietary habits of consumers across the globe are causing rising demand for easy-to-cook or ready-to-eat food products. These products are convenient to carry, cook, preserve, and eat. Advanced technologies are used by the manufacturers to improve taste, color, flavor, and nutritional values of processed foods, which supports the industrial growth prospect. Increasing consumer demand for a variety of packaged foods and beverages are mainly contributing to the growth of the food industry. Avocado oil is one of the main ingredients, high consumption of processed food products and beverages is expected to trigger the growth of the global avocado oil market in future.
To know more about Avocado Oil Market Trends, check the link – https://www.factmr.com/report/635/avocado-oil-market
Key Highlights on the Global Avocado Oil Market
1- Region wise, Latin America is expected to showcase higher consumption of avocado oil in the coming years. Mexico is the largest producer of avocado oil in the region and is the largest producer of avocado oil. Moreover, North America has shown high growth potential for avocado oil market owing to higher demand for the product due to health benefits it offers. North America avocado oil market is projected to expand to a high value CAGR of 8.7% during the forecast period
2- Extra virgin avocado oil has gained high traction since past years. The sale of extra virgin avocado oil is the largest as compared to other avocado oil product types. This is because extra-virgin oil has a higher smoke point. It has higher nutritional value, strong flavor and aroma. It has been extensively used for spreading, emulsifying, drizzling and dipping in cooking applications
3- By application, the retail segment is expected to lead the global avocado oil market. The sale of avocado oil for medicinal and cosmetic applications is therefore expected to trigger the growth of the global market during the forecast period
4- Sale of avocado oil from specialty stores is expected to touch an estimate of over US$ 550 Mn by 2026 end. Specialty stores segment is the largest with a high valuation and is poised to lead the global market. Also modern trade is expected to gain high traction in the coming years
5- By source, hass is a highly preferred choice for the production of avocado oil. The hass segment is expected to grow at a high value CAGR of 8.1% during the period of assessment
To Buy Avocado Oil Market Report, Check the link- https://www.factmr.com/checkout/635/S
About Fact.MR
Fact.MR is a fast growing market research firm offering the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/