Avocado Oil Market

Fact.MR has recently published a new research report that deliberately highlights the increasing demand for avocado oil across all major economies. This assessment titled “Avocado Oil Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029”, imparts necessary information associated to ongoing market trends and opportunities which are expected to transform the global avocado oil market in the coming years. According to WHO, obesity and overweight issues are noted to be the primary causes of deaths. In order to tackle such health issues, people have started looking for healthy fruits and vegetables, including avocados which are known to reduce cholesterol levels as well as triglycerides. Such aspects are effectively bolstering demand for avocado oil at the global level, with expected revenue boosts by the end of 2029.

Consumer Inclination for Avocado Oil Triggered Due to Better Functional Benefits

Looking into the avocado oil's nutrient profile, it is evident that higher level of unsaturated fats work as a dominant facet to attract health-conscious consumers, particularly individuals who are struggling with obesity problems. Such candidates have formed an escalating consumer base for avocado oil. Moreover, deficiencies of traditional oil, such as undesirable flavor and smell, are convincing customers to select tasty oil options like avocado oil.

Since the last decade, avocado oil has generated interest among consumers owing to technological and nutritional characteristics, which is evidenced by an increasing number of production capacities of manufacturers backed with rigorous research and development for using efficient extraction techniques for avocado oil. Fact.MR reveals that the avocado oil market is expected to grow by an ~ 8% CAGR over the forecast period. This notable growth in the avocado oil market is mainly influenced by the extensive use of avocado in end-use industries, including cosmetics and personal care, medicinal, and others. Moreover, avocado oil is gaining traction in cooking applications, which further fuels the market growth throughout the forecast period. Furthermore, key players operating in the avocado oil market are increasing their business footprint rapidly, which creates lucrative opportunities in the market.

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Mounting incidences of lifestyle diseases such as cardiovascular disorders across the globe. For instance, in United States about 610,000 individuals die due to heart disorders each year. Awareness regarding health issues and suitable precautionary measures have gained increased importance ever since. Scientists and medical experts have been researching upon various natural treatments and solutions to such chronic diseases. This pushed the research on avocado oil owing to the health benefits associated with its consumption.

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Avocado oil is used in various applications, such as in cosmetics, personal care and medicinal applications. It has gained high importance in medicinal applications owing to various advantages it provides, for instance it supports in reducing weight, enhances digestion, improves heart health, carries out detoxification, enhances skin glow, increased rate of wound healing and is a rich source of vitamin E. With this the consumption of avocado oil is expected to increase in the coming years.