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Avocado Oil Market Share

Report ID: GMI5980
Published Date: Jun 2023
Report Format: PDF

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Avocado Oil Market Share

Some of the major companies operating in the avocado oil market are:

Chosen Foods
Olivado
La Tourangelle
Primal Kitche
Baja Precious
Now Foods.

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of avocado oil was worth over USD 593 million in 2022 and will cross USD 1 billion by 2032, owing to the increasing consumer awareness about the health benefits of the product which is rich in monounsaturated fats, vitamin E, and antioxidants.

The food & beverages segment held a dominant market share of around 26.2% in 2022 and will grow at a lucrative pace through 2032. Avocado oil is considered a healthier alternative to traditional cooking oils due to its beneficial fat composition.

North America market size will grow tremendously during 2023 and 2032, as the avocado oil, with its perceived health benefits and nutritional profile, aligns well with the growing health-conscious populace of the region, driving the product demand.

Chosen Foods, Olivado, La Tourangelle, Primal Kitchen, Baja Precious, and Now Foods Among Others.