Avocado Oil Market Size, Share, and Analysis by 2027

Historic Data: 2016-2017   |   Base Year: 2018   |   Forecast Period: 2019-2027

Avocado Oil Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Extra Virgin, Virgin, Refined, and Blends), Nature (Organic and Conventional), Variety (Hass, Pinkerton, Fuerte, Gwen, and Others), Application (Food & Beverages, Pharmaceuticals, Cosmetics, and Others), Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, Online Stores, and Others), and Geography

  • Report Date : Jul 2020
  • Report Code : TIPRE00010900
  • Category : Consumer Goods
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 208

The avocado oil market was valued at US$ 669.5 Million in 2018 and is projected to reach US$ 1,452.2 Million by 2027; it is expected to grow at a CAGR of 9.1% from 2019 to 2027.

Avocado oil is perceived to be one of the healthiest ingredients used in food products such as bakery & confectionary, beverages, dairy & frozen desserts, and sweet & savory snacks. Avocado oil is gaining high popularity among consumers due to rising awareness about the health benefits offered by avocado oil. Avocado oil also has numerous benefits due to its high content of antioxidants and healthy fats.

Asia Pacific is the fastest-growing region in the global avocado oil market. Rising awareness about the nutritional benefits of avocado oil coupled with changing consumer preference toward oil containing low fat and cholesterol is boosting the growth of the avocado oil market in APAC. Also, the emerging trend of plant-based personal care and cosmetic products is expected to drive the avocado oil market in APAC. Furthermore, a wide range of applications of avocado oil in pharmaceuticals, nutraceuticals, and food industries are fueling the demand for avocado oil in Asian countries. Additionally, significant growth in health issues such as chronic diseases and heart diseases arising from substantial consumption of high-fat butter and oils is boosting the demand for healthy oils such as avocado oil. Some beneficial properties of avocado oils, such as an optimum level of antioxidants and good fatty acids, are attracting health-conscious consumers in APAC toward avocado oil products.

The COVID-19 pandemic originated in Wuhan (China) in December 2019, and since then, it has spread across the globe at a fast pace. The US, Brazil, India, Russia, Italy, China, Spain, France, and Germany are among the worst-affected countries in terms of confirmed cases and reported deaths as of June 2020. The pandemic has affected economies and industries due to enforced lockdowns, travel bans, and business shutdowns. Chemical and materials is one of the world’s major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. The global economic breakdown due to COVID-19 is also affecting the growth of the avocado oil market growth due to shutting down of factories and obstacles in supply chain.

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Avocado Oil Market: Strategic Insights

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Market Insights

Increasing Demand for Organic Avocado Oil

Organic avocado oil, extracted from avocados grown under strictly organic farming practices, is witnessing a marked increase in demand globally. Unlike conventionally farmed avocados, organic varieties are cultivated without synthetic fertilizers, pesticides, or harmful chemicals. Instead, farmers rely on natural growth stimulants and sustainable agricultural methods to preserve the fruit’s intrinsic nutrient profile. This approach ensures that the nutritional integrity of avocado oil remains intact, delivering essential vitamins, antioxidants, and healthy fats in their purest form. The growing consumer preference for organic products stems from heightened health awareness and concerns over the potential adverse effects of chemical residues found in non-organic alternatives. As a result, organic avocado oil is increasingly recognized for its superior quality and health benefits, including improved cardiovascular health, anti-inflammatory properties, and skin nourishment. This shift in consumer mindset is encouraging food manufacturers and wellness brands to invest substantially in organic product lines, further driving market growth. Consumers across both developed and emerging economies—including the US, Canada, Germany, France, Italy, the UK, China, India, Japan, and Australia—are demonstrating a willingness to pay a premium for organic avocado oil. This trend is bolstered by rising disposable incomes and an expanding middle-class demographic focused on nutrition and wellness. Moreover, the rising global population is fueling the demand for natural, wholesome food ingredients that align with clean-label and sustainable consumption trends. Consumers are increasingly prioritizing transparency, ingredient sourcing, and environmental impact, which positions organic avocado oil as a highly attractive product within the health and beauty sectors. The versatility of organic avocado oil across multiple applications—from culinary uses and dietary supplements to personal care products—adds another dimension to its market potential. Its incorporation into skincare and haircare formulations further expands the market reach, appealing to consumers seeking natural, chemical-free alternatives. With ongoing advancements in organic farming techniques and increasing investments in supply chain sustainability, the organic avocado oil market is poised for significant growth over the forecast period. Industry stakeholders are expected to capitalize on this rising demand by enhancing production capacity, launching innovative product variants, and expanding distribution channels to meet evolving consumer expectations.

Type-Based Insights

The avocado oil market, based on type, is segmented into extra virgin oil, virgin, refined and blends. Virgin oil is expected to grow at the highest CAGR during the forecast period. Virgin avocado oil refers to a type of oil that contains high levels of monounsaturated fatty acids and bioactive components that are beneficial to human health. It is obtained by just pressing with no heat or chemicals added. The presence of bioactive components like alpha-tocopherol and beta-sitosterol and the physicochemical composition make it suitable to be used as a functional oil for the management of hypertension, hypercholesterolemia, diabetes, and fatty liver disease. This oil also helps in reducing the cardio metabolic risk and possesses antimicrobial properties. The virgin avocado oil contains a high concentration of chlorophyll, which contributes to its appearance and its health profile. However, a high level of chlorophyll can cause an adverse effect on the oxidative stability of virgin avocado oil owing to the easy photo-oxidation when exposed to light and oxygen. The quality characteristics, volatile compounds, bioactive phytochemicals and antioxidant capacities of virgin avocado oil is usually extracted using a couple of green methods, namely subcritical carbon dioxide extraction and ultrasound-assisted aqueous extraction (UAAE). The virgin oil extracted through the subcritical carbon dioxide extraction process exhibit superior levels of antioxidant capacity and tocopherols content as compared to ultrasound-assisted aqueous & conventional solvent methods. Besides being used in cooking virgin avocado oil is also used in the treatment and recovery of metabolism dysfunction induced by hypercholesterolemia, mainly via energy, amino acid, lipid and gut microbiota metabolism

Nature-Based Insights

The avocado oil market, based on nature, is segmented into organic and conventional. The conventional segment accounted for a substantial share of the global avocado oil market, whereas the organic segment is expected to register the fastest CAGR during the forecast period. Organic avocado oil is pure and rich in folate, potassium, and vitamins K, C, and E. The high smoke point of this oil makes it extremely versatile and safe for usage in medium to high cooking, stir-frying, baking, and broiling purposes. The USDA-certified organic avocado oil is unfiltered, undiluted, and made without any additives or fillers. As these avocados are USDA certified, it means at least 70% of its ingredients are organically produced. Avocado is a type of crop that easily lends itself to organic practices as it has relatively low pest pressure, low nutrient demand, and low weed pressure when matured. The leaves of avocado recycle nutrients back to the tree, so the need for nutrients by the tree is less as compared to other plants. The leaves also help in pest suppression as they harbor a large number of predators and parasites. Copper is sprayed over the avocados as it acts as a fungicide and is approved for organic use. The organic matter is supplemented by organic nutrients such as kelp, fish emulsion, meal, compost, and other sources of nutrients. The main issues faced by organic avocado growers are sourcing nutrients, weed management, and pest control. Organic nutrient sources tend to be bulky and expensive. However, organically produced avocado oil is rich in vitamins and fatty acids. They are used in skincare, haircare, and aromatherapy.

Variety-Based Insights

The avocado oil market, based on variety, is segmented into hass, pinkerton, fuerte, gwen, and others. The hass segment accounted for a substantial share of the global avocado oil market, whereas the fuerte segment is expected to register the fastest CAGR during the forecast period. The Fuerte avocados are often considered as the archetypical avocados. They are green in color, shaped like a pear, and ranges from six to twelve ounces in size. The fuerte avocados have smooth, medium-thin skin that is easy to peel and has a dense & pale green flesh. They are marginally oily with a rich and creamy flavor. The hazelnut notes offered by them make them one of the best-tasting avocados. The trees of fuerte avocados are large and widespread. Their leaves have a strong anise smell when crushed. The fruit set is irregular. Some trees do not bear many fruits, while others are very productive, with a tendency to alternate in bearing and producing adequate crops every year. This depends upon the weather at setting time, climate, and other factors. The avocado trees differ from each other in the types of flowers that they bear. Type A possesses female flowers in the morning and male pollen-producing flowers in the noon. The type B is the opposite like that of fuerte avocados. The fruit set in fuerte avocado trees improves when the trees are interplanted with type A variety due to the presence of more pollen. Unlike most other fruits, the avocado fruits do not ripen on the trees but begin to ripen after being harvested. Their sugar level minimizes with maturity. The fuerte avocados are available mid-winter until early spring. The extra virgin oil made from fuerte avocados proffers smooth and buttery taste of ripe fuerte avocados and perfect for gentle heating over the frying pan. It is also suitable for seafood when it is drizzled over salads & vegetables.

Application-Based Insights

The avocado oil market, based on application, is segmented into food and beverages, pharmaceuticals, cosmetics and others. The food and beverages segment accounted for a substantial share of the global avocado oil market, whereas the cosmetics segment is expected to register the fastest CAGR during the forecast period. One of the suggested uses of avocado oil is in cosmetics. Apart from its green color, avocado oil is compared with lanolin as it has excellent skin penetration, low odor, high vitamin content, and excellent keeping qualities, which makes it suitable for skin and hair usage. The presence of antioxidants, anti-inflammatory, emollient, and toning agents in avocado oil helps calm the itchy skin, heal chapped skin, replenish dry skin, hydrate & moisturize the skin, and protect against skin damage. They also help in making the skin glow and mitigate blemishes, dry skin, wrinkles, and acne. The application of avocado oil helps stimulate blood flow and unclog the blocked follicles, which helps in reducing hair loss. The beta carotene, protein, fatty acids, lecithin, and vitamins A, D, and E that are present in avocado oil help moisturize and protect the skin from damaging UV rays. It also increases collagen metabolism. Avocado oil acts as a carrier for other substances that lack penetrating power. This property makes it of value for the use in tissue or nourishing creams, all-purpose creams, massage creams, massage oils, and other preparations where lubrication is essential.

Distribution Channel-Based Insights

The avocado oil market, based on distribution channel, is segmented into hypermarkets and supermarkets, specialty stores, online stores, and others. The hypermarkets and supermarkets segment accounted for a substantial share of the global avocado oil market; the online stores segment is expected to register the fastest CAGR during the forecast period. An increase in the global population, coupled with an increase in the number of mobile phones online retail, has expanded significantly for years. Benefits such as quick service, home delivery, different and secured payment options, and attractive discounts have also fuelled the growth of online retailers worldwide. Consumers opt for online shopping of avocado oil also because it saves time and is convenient. The manufacturers prefer selling avocado oil online as it eliminates the need for wholesalers and retailers, thus giving them a larger share in profits. Besides, selling online can help avocado oil manufacturing companies to strengthen their brand, control the pricing, and also to connect directly to customers. Companies such as Amazon, Choosefoods, Natures Basket, Nykaa, Flipkart, and Rouhessentials are involved in selling avocado oil online. The online retail segment dominates the distribution segment of the avocado oil market as online retail provides more options to purchase at a discounted price.

Companies commonly adopt several strategies to expand their footprint worldwide. Bella Vado, Inc., Olivado USA, Spectrum Organics Products, LLC., Aconcagua Oil & Extract S.A., and Crofts Ltd are among the key players in the global avocado oil market implementing these strategies to enlarge the customer base and gain significant share, which, in turn, allows them to maintain their brand name globally.

Avocado Oil Market Regional Insights

The regional trends and factors influencing the Avocado Oil Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Avocado Oil Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

avocado-oil-market-global-geography
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Avocado Oil Market Report Scope

Report Attribute Details
Market size in 2018 US$ 669.5 Million
Market Size by 2027 US$ 1,452.2 Million
Global CAGR (2018 - 2027) 9.1%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Type
  • Extra Virgin
  • Virgin
  • Refined
  • Blends
By Nature
  • Organic and Conventional
By Variety
  • Hass
  • Pinkerton
  • Fuerte
  • Gwen
By Application
  • Food & Beverages
  • Pharmaceuticals
  • Cosmetics
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Aconcagua Oil & Extract S.A
  • Avocado Health Limited
  • BELLA VADO, INC
  • CROFTS ltd
  • La Tourangelle, Inc
  • MadanaInc
  • Mevi Avocados, Inc
  • Olivado USA
  • Sesajal S.A. de C.V

  • Avocado Oil Market Players Density: Understanding Its Impact on Business Dynamics

    The Avocado Oil Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Avocado Oil Market are:

    1. Aconcagua Oil & Extract S.A
    2. Avocado Health Limited
    3. BELLA VADO, INC
    4. CROFTS ltd
    5. La Tourangelle, Inc

    Disclaimer: The companies listed above are not ranked in any particular order.


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    Report Spotlights

    • Progressive industry trends in the avocado oil market help players develop effective long-term strategies
    • Business growth strategies adopted by developed and developing markets
    • Quantitative analysis of the avocado oil market from 2017 to 2027
    • Estimation of avocado oil demand across various industries
    • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
    • Recent developments to understand the competitive market scenario and avocado oil demand
    • Market trends and outlook coupled with factors driving and restraining the growth of the avocado oil market
    • Understanding of strategies that underpin commercial interest with regard to avocado oil market growth, which facilitates decision-making process for stakeholders avocado oil market size at various nodes of market
    • Detailed overview and segmentation of the avocado oil market, as well as its dynamics in the industry

    Global Avocado Oil Market – by Type

    • Extra Virgin Oil
    • Virgin
    • Refined
    • Blends
    • Others

    Global Avocado Oil Market – by Nature

    • Organic
    • Conventional

    Global Avocado Oil Market – by Variety

    • Hass
    • Pinkerton
    • Fuerte
    • Gwen
    • Others

    Global Avocado Oil Market – by Application

    • Food and Beverages
    • Pharmaceutical
    • Cosmetic
    • Others

    Global Avocado Oil Market – by Distribution Channel

    • Hypermarkets and Supermarkets
    • Specialty Stores
    • Online Stores
    • Others

    Company Profiles

    • Aconcagua Oil & Extract S.A
    • Avocado Health Limited
    • Bella Vado, Inc
    • Crofts ltd
    • La Tourangelle, Inc
    • Madana Inc
    • Mevi Avocados, Inc
    • Olivado USA
    • Sesajal S.A. de C.V
    • Spectrum Organics Products, LLC (Hain Celestial Group, Inc.)
    Shejal Jamdade
    Shejal Jamdade
    Associate Vice President,
    Market Research & Consulting

    With over 12 years of experience in managing custom research projects, Shejal is a seasoned research professional with deep cross-sector expertise spanning Chemicals & Materials, Food & Beverages, Biotechnology, and Consumer Goods. She excels in end-to-end project management, advanced data modelling, and providing strategic support to clients.

    Shejal has successfully led a wide range of high-impact research engagements, consistently guiding clients through complex business challenges and enabling informed decision-making. Her ability to blend analytical rigor with industry knowledge has made her a trusted advisor for clients seeking data-driven strategies and actionable insights. Dedicated to excellence and precision, Shejal continues to play a pivotal role in transforming business objectives into research-driven outcomes.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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    The List of Companies - Global Avocado Oil Market

    1. Aconcagua Oil & Extract S.A
    2. Avocado Health Limited
    3. BELLA VADO, INC
    4. CROFTS ltd
    5. La Tourangelle, Inc
    6. MadanaInc
    7. Mevi Avocados, Inc
    8. Olivado USA
    9. Sesajal S.A. de C.V
    10. Spectrum Organics Products, LLC (Hain Celestial Group, Inc.)
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