Global extra virgin avocado oil market is growing, expected to reach $971.13 million by 2034.
From GlobeNewswire: 2025-04-16 04:30:00
The global Extra Virgin Avocado Oil Market was valued at $589.12 million in 2024, expected to reach $603 million in 2025, and projected to hit $971.13 million by 2034, with a CAGR of 5.13%. Demand for this healthy alternative is rising due to its nutrient density and adaptability in various applications.
Despite supply chain challenges from limited production areas like Mexico, California, New Zealand, and South Africa, the Extra Virgin Avocado Oil Market is growing. Supply bottlenecks and logistics issues are increasing production costs, impacting prices. Sustainable farming practices and efficient supply chains are being explored to maintain continuity and meet consumer demand.
Extra Virgin Avocado Oil is not only popular in kitchens but also in the personal care industry for its moisturizing and regenerative properties. Rich in vitamins and antioxidants, it is commonly found in skincare, haircare, and wellness products. As the clean beauty movement grows, demand for natural alternatives like avocado oil is rising.
The global Extra Virgin Avocado Oil Market is segmented by distribution channel, with supermarkets/hypermarkets being the major retail channels. These outlets provide convenience, product comparison, quality assurance, and promotional offers. Partnerships with retail chains ensure visibility and availability, driving higher sales volumes.
Online shopping has revolutionized the consumer experience, allowing access to premium avocado oil products and information from around the world. The Asia-Pacific region is witnessing unprecedented demand for Extra Virgin Avocado Oil due to urbanization, rising incomes, and health awareness. The product’s heart-healthy benefits and international food trends are driving its popularity in the region. The Asia-Pacific region is set to lead the global market for extra virgin avocado oil due to evolving consumer lifestyles. The market size is projected to reach USD 971.13 million by 2034, growing at a CAGR of 5.13%. The report covers key segments, regions, and buying options for tailored research needs.
CMI’s analysis of the global extra virgin avocado oil market includes driving forces, restraints, challenges, opportunities, and key trends. The report details market size, growth rate, top companies, categories, and fastest-growing segments. It also covers key player profiling, market shares, mergers, acquisitions, and market dynamics.
North America dominates the extra virgin avocado oil market due to high consumer awareness of health benefits. Consumers in the USA and Canada prefer the oil for its heart-healthy properties and compatibility with popular diets like Mediterranean, Paleo, & Keto. The region’s strong natural merchandise industry and e-commerce platforms further drive market growth.
The cosmetics segment in North America is growing due to increased demand for natural skincare products. Consumers prefer chemical-free products, boosting demand for clean-label goods in skincare and food & beverage sectors. Healthy consumption trends are expected to continue shaping the market in North America, maintaining its global prominence. The Extra Virgin Avocado Oil Market report provides insights on product types, applications, distribution channels, and global industry trends. Key players include AvoPacific Oils, Nutiva Inc, and Spectrum Organics. Get a free sample report and enjoy special deals like discounts, customization options, and post-sale service assistance. Contact sales for more information. 1. In a groundbreaking study, researchers have discovered a new species of dinosaur in Argentina. The “Llukalkan aliocranianus” had a unique skull structure, with sharp teeth and a keen sense of smell. This finding sheds new light on the evolution of dinosaurs in South America.
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