According to the latest report by IMARC Group, titled “Avocado Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global avocado processing market size reached US$ 2.07 Billion in 2021. Looking forward, IMARC Group expects the avocado processing market to reach US$ 3.16 Billion by 2027, exhibiting at a CAGR of 7.2% during 2022-2027.
Avocado oil is an edible oil extracted from the pulp of avocados. It consists of heart-healthy oleic acid, vitamin E, monosaturated fats, and lutein carotenoid. It is rich in antioxidants, fibers, potassium, and protein. Avocado oil is widely used in hair and skin care solutions as it offers moisturizing, emollient, and toning effects that keep the skin glowing and help reduce blemishes, dry skin, wrinkles, and acne. As a result, avocado oil finds extensive applications in the pharmaceutical, food and beverage (F&B), cosmetics, and personal care industries.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Avocado Processing Market Trends:
The global avocado oil market is primarily being driven by the rising health consciousness among the masses due to the increasing prevalence of various lifestyle diseases, such as diabetes, obesity, and cardiovascular disorders (CVDs). Avocado oil aids in regulating high cholesterol, improving digestion, decreasing depression, and protecting against cancer. Additionally, the introduction of organic avocado oil with a low saturated fat content that provides various nutritional and health benefits is providing a considerable boost to the market growth. Other factors, including the rising expenditure capacities of consumers, significant growth in the F&B industry, and widespread product adoption in the cosmetic industry, are anticipated to further drive the market toward growth.
Avocado Processing Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
- Salud Food Group
- Olivado Group
- Spectrum organics
- Grupo Industrial Batellero
- The Village Press
Key Market Segmentation:
The report has segmented the global avocado processing market on the basis of product type, application, distribution channel and region.
- Avocado Oil
- Frozen Avocado
- Avocado Sauce
- Food and Beverages
- Supermarkets and Hypermarkets
- Convenience Stores
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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