USD 0.6 billion
Avocado Oil Market Size, Share, and Growth Analysis
Avocado Oil Market By Product Type (Extra Virgin Avocado Oil, Refined Avocado Oil), By Application (Food & Beverage, Cosmetics and Skincare), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG30K2021 |
Region:
Global |
Published Date: January, 2025
Pages:
242
|Tables:
64
|Figures:
72
Format -
Avocado Oil Market Insights
Avocado Oil Market size was valued at USD 0.6 billion in 2023 and is poised to grow from USD 0.64 billion in 2024 to USD 1.01 billion by 2032, growing at a CAGR of 6.0% during the forecast period (2025-2032).
Within the avocado oil market, many of such changes can be attributed to emerging consumer trends in favor of organic and plant-based products, numerous culinary preferences, as well as health-conscious consumer lifestyles. One such major trend is the rising awareness of health benefits from the consumption of avocado oil. People seeking heart-friendly alternatives to cooking oils have increasingly turned to avocado oil owing to the high monounsaturated fat content in its nutritional composition. The healthy use of avocado oil has become highly favored among people for their usual modern eating patterns. Additionally, the avocado oil business has been significantly influenced by the culinary scene.
Due to its moderate flavour and high smoke point, the oil can be used in a variety of cooking methods, such as salad dressings, sautéing, and frying. Avocado oil is just a nutritional asset that has found itself in the preparation of countless meals by professional and home cooks alike. From an even larger trend toward natural and flavorful kitchen oils, this continues to cast a different positioning of avocado oil that considers it more as an upscale and health-oriented product. The beauty and personal care industry, too, have impacted the avocado oil market, as this oil becomes even more popularized as a "healthy and natural ingredient" in skin care products.
US Avocado Oil Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Pure/Refined Oil
Fastest Growth
Extra Virgin Oil
Growth Rate
6.0% CAGR
Global Activated Carbon Market ($ Mn)
Country Share by North America (%)
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Avocado Oil Market Segments Analysis
Global Avocado Oil Market is segmented by Product Type, Application, Distribution Channel and region. Based on Product Type, the market is segmented into Extra Virgin Avocado Oil, Refined Avocado Oil, Virgin Avocado Oil and Blends. Based on Application, the market is segmented into Food & Beverage, Cosmetics and Skincare, Pharmaceuticals, Dietary Supplements and Others. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online Retail and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Category
As per categorization by category, the market is classified as extra virgin oil, virgin oil, pure/refined oil, and blend. Among these, pure/refined oil earned the largest share and continues to hold the dominant global avocado oil market share. Pure/refined oil captures most of the global avocado oil market as this oil is versatile, has a longer shelf life, and has applications across industries. Advances in refining make the oils more pure, free from flavor, and nutritionally retained, making them appropriate for either culinary use, personal care, or pharmaceutical applications. Economically cheaper than extra virgin oils, this drives increased demand. Thus, it scales up production in this category and is flexible with formulations-it strengthens its leading position globally to match demand for premium and health-oriented products.
Extra virgin avocado oil is poised to be the fastest-growing segment in the global avocado oil market due to rising consumer preference for minimally processed, nutrient-rich oils. It's cold-pressed retaining all the antioxidants, vitamins, and good fatty acids-that makes it a hit with health-conscious buyers as well as expensive kitchen enthusiasts. Increasing demand for natural, organic, and chemical-free products further drives its adoption in food, skincare, and wellness sectors. The oil's high smoke point and robust flavor profile enhance its appeal for gourmet cooking. Growing awareness of its health benefits, combined with the expanding availability of organic variants, positions Extra Virgin Avocado Oil for accelerated growth globally.
Analysis by Distribution Channel
The Food & beverages distribution channel dominates the global avocado oil market due to its widespread adoption in culinary applications, health-conscious food products, and gourmet cooking. The new developments, such as enriched avocado oils and mixes for special diets blended with keto and vegan diets, made the product more interesting. The channel's dominance is reinforced by the rising popularity of clean-label and premium-quality cooking oils in the retail and foodservice sectors. Enhanced packaging and strategic collaborations with retailers and restaurants ensure broad availability and visibility. As consumer demand for healthy, versatile oils grows, this channel continues to drive market expansion and innovation.
The Personal Care & Cosmetics distribution channel is set to be the fastest-growing segment in the global avocado oil market due to increasing consumer demand for natural, plant-based ingredients in skincare and haircare products. This is an ideal oil for moisturizers, serums, and hair treatments since avocado oil is rich in vitamins, antioxidants, and healthy fats. The growing clean beauty trend and increasing adoption of organic formulations have further fueled its demand. New innovations in products, such as anti-aging and restorative formulations, create an opportunity to reach out to consumers more. With the growing e-commerce facility and tie-ups with cosmetic brands, the availability of products is going to widen, thus driving healthy growth for this channel.
Global Activated Carbon Market By Category (%)
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Avocado Oil Market Regional Insights
North America dominates the global avocado oil market due to high consumer awareness of health benefits and the region's strong focus on healthy living and clean-label products. The culinary applications of the fruit have propelled the adoption of avocado oil through nutritional aspects and high smoke point fuels. A steady supply chain of key avocado-producing countries like Mexico will ensure constant availability. Also, the flourishing personal care and cosmetics industry use avocado oil in their natural formulations. Product innovations supplement strong retail networks and e-commerce to further contribute to North America's superior position in the global avocado oil market outlook.
Asia Pacific is the fastest-growing region in the global avocado oil market due to rising health consciousness, increasing disposable incomes, and growing demand for natural and premium products. Expanding urbanization and awareness of avocado oil's health benefits drive its adoption in cooking, skincare, and wellness products. The region's burgeoning middle class and growing foodservice industry further boost demand. Additionally, rapid e-commerce growth and the proliferation of international brands enhance product availability. Innovations tailored to regional tastes and preferences, alongside the growing popularity of natural cosmetics, position Asia Pacific as a key growth hub for the avocado oil market.
Global Activated Carbon Market By Geography
- Largest
- Fastest
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Avocado Oil Market Dynamics
Avocado Oil Market Drivers
Rising Health Awareness
-
The rising awareness among consumers about the health benefits of avocado oil has influenced the market positively. For instance, it is rich in monounsaturated fats, vitamins, and antioxidants. Its attraction as a heart-healthy substitute for conventional cooking oils has appealed to consumers and has thus driven the demand across the many dietary, wellness, and fitness-oriented applications worldwide.
Expanding Applications in Personal Care
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Increasing avocado oil consumption in personal care products, owing to its conditioning and moisturizing properties, is one of the most significant market drivers. It is used in all forms of natural and organic cosmetic care, which links it to the trend of clean beauty in consumerism and encourages those searching for eco-friendly, skin-friendly formulations to further increased market demand.
Avocado Oil Market Restraints
Limited Avocado Supply
-
Market constraints come into effect due to limited global supply of avocados, which is affected by seasonal as well as climate-sensitive cultivation. This dependence on a few specific growing regions creates vulnerabilities which affect the supply chain, hence price fluctuations and supply shortages which prevent a continuous trend of availability of avocado oil in the global market.
Competition from Alternative Oils
-
Avocado oil contends with the likes of olive oil, coconut oil, and sunflower oil in the fierce market for affordably available oils. These oils, which all share benefits and uses with avocado oil, are mass-bought by consumers on a budget, further reducing the global avocado oil market growth, particularly in an area with little awareness from consumers on the product.
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Avocado Oil Market Competitive Landscape
The global avocado oil market is highly competitive and porous where some major international players are launching their products and innovatively expanding their distribution networks into sustainable markets. Companies such as Spectrum Organics, La Tourangelle, Sesajal, AvoHealth, and Grove Avocado Oil have dominated this market under different offerings for culinary, cosmetics, and pharmaceutical purposes. They emphasize organic and non-GMO certifications and premium quality and thus implement strategic alliances in addition to robust e-commerce strategies to strengthen their foothold globally.
Top Players in Avocado Oil Market
- Chosen Foods (US)
- Avocado Oil de Mexico, S.A. de C.V. (Mexico)
- Calavo Growers, Inc. (US)
- Mission Produce, Inc. (US)
- Westfalia Fruit (South Africa)
- Olivado (New Zealand)
- Aconcagua Oil & Extract S.A. (Chile)
- Sesajal S.A. de C.V. (Mexico)
- Grupo Industrial Aceitero (Mexico)
- La Tourangelle (US)
- Bella Vado (US)
- Spectrum Organics (US)
- Marianne's Healthcare (Australia)
- Grove Avocado Oil (New Zealand)
- Protecno Extractor S.A. (Chile)
- The Village Press (New Zealand)
- Bio Planète (France)
- Kevala (US)
- BetterBody Foods (US)
- Chosen Holding (US)
Avocado Oil Market Recent Developments
- In January 2024, Chosen Foods, a leading avocado oil producer based in the USA, recently expanded its product portfolio by introducing a new line of avocado oil-infused cooking sprays. These innovations target a growing demand in easy, healthy cooking choices, which coincides with the demands of many consumers today for healthier, easier-to-use cooking products.
- In November 2024, Olivado, headquartered in New Zealand, unveiled a new range of organic cold-pressed avocado oils, catering to the rising consumer demand for sustainable, premium-quality oils. This product launch, which has a focus on really clean ingredients and sustainable sourcing, also strengthens the eco-credentials of its position in the green food and cosmetics markets.
- In September 2024, AvoHealth, a US-based company, introduced a new avocado oil-based skincare line aimed at promoting skin hydration and anti-aging benefits. Avocado oil is combined with all other natural ingredients to manufacture products in the line to tap into the growing consumer demand for natural, clean beauty products for several health benefits.
Avocado Oil Key Market Trends
- Rising Investment in Advanced WTE Technologies: Consumers are increasingly seeking organic, cold-pressed avocado oils due to their superior nutritional value and natural extraction methods. Such an increasing trend owed to increasing health-conscious awareness and preference for chemical-free and sustainable products in culinary as well as cosmetic applications is boosting the market growth.
- Growing Adoption of Circular Economy Practices: The trend of considering avocado oil in applications of skin care, hair care, and beauty formulations is growing as it is believed to be quite nourishing. With clean beauty trends and natural ingredient demand on the rise, avocado oil is becoming a key ingredient in premium cosmetic products, further driving its market penetration.
Avocado Oil Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the steady growth of the global avocado oil industry is gaining momentum as customers become more aware of its health-related benefits and applications in various forms of industries. Growth in the consumption of culinary and personal aspects of premium, natural, and sustainable products is driving the future development of the market.
Throughout all these things is the fact that new product offerings such as cold-pressed and organic one's fuel further growth in the market. However, various challenges such as recently limited avocado supply and the availability of different oils will also persist. Along with demand development, companies are also expected to continue innovating and redefining their objectives to remain competitive and meet changing consumer needs.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 0.6 billion |
| Market size value in 2032 | USD 1.01 billion |
| Growth Rate | 6.0% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Avocado Oil Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Avocado Oil Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Avocado Oil Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Avocado Oil Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Avocado Oil Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Avocado Oil Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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