Market Research Future (Food and Beverages) Avocado Oil Market Research Report by Size, Share | Page 4

Avocado Oil Market Research Report- Forecast till 2023 3 Sample Pages Segments Avocado oil is segmented on the basis of type which includes, crude avocado oil, virgin avocado oil and extra virgin avocado oil. In this segment, extra virgin avocado oil is dominating the market. Extra virgin avocado oil is of the finest quality which is extracted from the superior quality avocado fruits. Extra-virgin avocado oil is extracted by cold-press method at low temperatures and it does not contain any chemical additives. Furthermore, high consumption of extra virgin oil owing to its health attributes is driving the growth in this segment. On the basis of application, the avocado oil market is segmented in cooking/culinary, personal care products, medicinal products and others. Among all the applications, cooking/culinary is dominating the market due to its high smoke point which make it suitable to be used in cooking methods operating at high temperatures, for example, frying. However, the demand for avocado oil in personal care products is anticipated to experience a high demand from consumers owing to skin and hair health benefits. On the basis of the distribution channel, the market is segmented into store-based and non-store based distribution channel. However, the store-based distribution channel is dominating the market based on one- stop shopping experience. Regional Analysis: The global avocado oil market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating in the avocado oil market followed by Europe. North America has the leading consumption of avocado oil, owing to health aids related 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 responsible for the largest share in the avocado oil market in Europe. Page | 4 Copyright © 2017 Market Research Future.