Market Research Future (Food and Beverages) Avocado Oil Market Research Report by Size, Share | Page 3

Avocado Oil Market Research Report- Forecast till 2023 2 Market Overview Avocado Oil Market is projected to grow at a CAGR of 13.5% over the forecast period. Avocado oil is edible monounsaturated fat extracted at low temperature by cold-press method from the avocado fruit. Avocado oil is commonly available in market in different variations like refined, virgin, extra-virgin and crude. Avocado fruit is rich in oleic acid and omega 9 fatty acid content. Apart from its application in cooking, it is also used in other vital applications like cosmetics, owing to high vitamin E and K that aids in skin problems like acne, dry skin, wrinkles, and heel cracks. Moreover, amplified proportion of chronic diseases and other health hitches have a positive impact on the demand for healthy oils in country like China and India, in Asia Pacific region. Also, high focus on R & D in avocado oil extraction process to improve the oil quality, which is likely to support the market for avocado oil at the global level. Europe is expected to show a higher growth rate in the avocado oil market over the forecast period 2017-2023. North America is dominating in the avocado oil market followed by Europe. North America has the leading consumption of avocado oil, owing to health benefits associated with the consumption of avocado oil. In North America, the U.S. is dominating in the avocado oil market owing to high production of avocado fruit. Furthermore, Germany is occupying the largest share in the avocado oil market in Europe. Intended Audience • • • • • • Avocado oil manufacturers Raw material suppliers Cosmetics industry Retailers and wholesaler E-commerce industry Traders, importers, and exporters Page | 3 Copyright © 2017 Market Research Future.