A recent market intelligence report that is published by Data Insights Partner on the global Avocado Oil Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Avocado Oil Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Avocado Oil Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Avocado Oil Market is offered. In accordance with the report, the global Avocado Oil Market is projected to expand at a CAGR of 5.1% over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
Avocado, a tropical fruit contains 5% to 30% oil, depending upon the variety Solvent extraction or cold pressing method is usually used to extract oil from avocado. It contains high antioxidants properties, proteins, soluble & insoluble fibers in addition to various minerals and vitamins.
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Avocado Oil is extensively used by food & beverages industry for cooking, cosmetics industry as an ingredient to reduce blemishes, dry skins, wrinkles, acne etc. and by pharmaceuticals industries to cure heart diseases, cholesterol, weight reduction, wound healing etc. As such, avocado oil has stepped its foot on 3 major industries, thereby driving the growth of Avocado Oil Market in the forecast period. Avocado Oil is a rich source of Vitamin E, due to which consumption of avocado oil is expected to accelerate in coming years. Increased awareness regarding the benefit of avocado oil amongst health experts and consumers and nutrients rich composition will boost the growth of this market further in the forecast period. Avocado Oil does not have an undesirable smell and flavor, like that of traditional oil, making it the consumers preferred choice. Many restaurants are now preparing their salads, dressings, baking items and snacks in avocado oil due to its high demand. However, the major reason that can hamper the avocado oil market globally is the ready and easy availability of alternatives and competitive products like hemp oil, chia seed oil, olive oil etc. Also, the high price of avocado oil might not be pocket friendly for certain category of population and can be another major restraining factor that may affect the growth of this market in developing countries.
Latin America witnesses the highest demand and consumption of avocado oil due to its increased awareness of healthy lifestyle. Mexico, in Latin America is the largest producer and supplier of avocado, thereby making it the country with highest consumption of avocado oil. Many manufacturers are now focusing on strategic alliances, collaborations, and acquisitions with other companies to improve their products, thereby increasing their market share and recognition in international market. Leading companies are also increasing their production capacity and launches, which is boosting the market growth significantly. Very recently, Costa Group acquired Lankester to expand its line of products in the avocado oil market. In September 2017, Westfalia Fruit Ltd. introduced a wide range of avocado oil in various packaging styling in South Africa.
This market intelligence report on the global Avocado Oil Market encompasses market segments based on application, type, and country/regions.
In terms of Product Type, the global Avocado Oil Market is segregated into
- Extra Virgin Oil
- Virgin Oil
- Pure Oil
- Blends Oil
In terms of category, the global Avocado Oil Market is segregated into
By Application, the global Avocado Oil Market is also classified into,
- Food & Beverages
ü Bakery & Confectionary
ü Dairy & Frozen Dessert
ü Sweet & Savory Snacks
By distribution channel, the global Avocado Oil Market is also classified into,
- Store Based Retailing
ü Hypermarkets / Supermarkets
ü Convenience Store
ü Mom & Pop Stores
ü Discount Stores
ü Food & Drink Specialty Store
ü Independent Small Groceries
- Online Retailing
By country/region, the global Avocado Oil Market has been divided into
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
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Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
- Grupo Industrial Batellero
- Bella Vado
- Chosen Foods LLC
- Sesajel S.A.
- Crofts Limited
- Westfalia Fruit Ltd
- Avocado Oil De Mexico
- Aconcagua Oil & Extract S.A.
- Avocado Global Pte Ltd
- AMD Oil Sales LLC
- Olivado Ltd
- Tron Hermanos SA
- Spectrum Organic Products LLC
- The Village Press
- La Tourangelle Inc.
- Diricom S.A.
- Cibaria International
- Nobel Foods and many more.
Other players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Avocado Oil related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Ø This study offers comprehensive yet detailed analysis of the Avocado Oil Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Avocado Oil Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as Grupo Industrial Batellero, Bella Vedo Inc., Sesajel S.A., Avocado Oil de Mexico, Aconcagua Oil & Extracts, Avocado Global Pte Ltd, AMD Oil Sales LLC, Olivado Ltd, Tron Hermanos, Cibaria International, Spectrum Organic Products LLC, The Village Press, La Tourangelle Inc., Diricom S.A., Nobel Foods, Crofts Ltd, Westfalia Fruit Ltd. and many more.
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Avocado Oil caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Avocado Oil Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
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v Facilitate decision-making based on strong historic and forecast data
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v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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