+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

North America Avocado Oil Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type, Nature, Variety, Application, and Distribution Channel

  • PDF Icon

    Report

  • 85 Pages
  • September 2020
  • Region: North America
  • The Insight Partners
  • ID: 5180745
The North America avocado oil market is expected to grow from US$ 281.73 million in 2018 to US$ 618.66 million by 2027; it is estimated to grow at a CAGR of 9.2% from 2019 to 2027.

Avocado oil are perceived to be one of the healthiest ingredient which can be used in various food products such as bakery & confectionary, beverages, dairy & frozen desserts, and sweet & savory snacks. Avocado oil is gaining high popularity among the consumers due to rising awareness about the health benefits offered by avocado oil.. Various studies show that avocado oil benefits heart health and help in reducing blood pressure and blood cholesterol levels. Avocado oil is a good source of lutein, a carotenoid that is naturally found in eyes. This nutrient improves eye health and also lowers the risk of age-related eye diseases. Some nutrients need fat in order to be absorbed by the body. Therefore, rising awareness among the consumers about the health benefits of avocado oil is projected to boost its demand over the forecast period.

Based on type, the extra virgin segment led the North America avocado oil market in 2018. The extra virgin avocado oil is derived by pressing the Hass and the Fuerte types of avocado fruits. It has a strong aroma of avocado. The extra virgin avocado oil from the Hass cultivar has a smoke point of greater than 250 degrees Celsius making it a suitable oil for frying. Hass cold-pressed avocado oil is emerald green in color owing to the presence of high levels of chlorophylls and carotenoids that is extracted into the oil. It is considered to be a healthful oil. It is said to possess grassy and butter or mushroom-like flavors. The extra virgin avocado oil retains the flavor and the color of the fruit flesh after extraction. As this oil is extracted from the fruit that contains a high amount of fiber, healthy fats, potassium, it has become a preferred and healthy option as compared to other regular oils. The extra virgin oil is rich in vitamin A, D, E, C, and omega3 fatty acid and oleic oil and finds its use in hair & skincare solutions as well as in cooking owing to its health benefits.

The U. S has the highest number of confirmed cases of coronavirus compared to Canada and Mexico. Due to the COVID-19 outbreak, the supply and distribution chain is likely to get affected, which would impact the food & beverages industry in the region. In addition, the overall manufacturing processes, research, and development activities are likely to impact the market growth.

The overall North America avocado oil market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the North America avocado oil market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the North America avocado oil market. Major players operating in the market include Bella Vado, Inc.; Crofts ltd; La Tourangelle Inc.; Madana Inc.; Mevi Avocados Inc.; Olivado USA; Sesajal S. A. de C. V.; and Spectrum Organics Products, LLC (Hain Celestial Group, Inc.)

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America and LATAM Hummus market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA solder materials market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the solder material market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis formulation
3.2.4 Macro-economic factor analysis
3.2.5 Developing base number
3.2.6 Data Triangulation
3.2.7 Country level data
4. Avocado Oil Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Expert Opinion
5. Avocado Oil Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Heath Benefits Offered by Avocado Oil
5.1.2 Increasing Prevalence of Lifestyle Disorders
5.2 Market Restraints
5.2.1 Easy Availability of Alternatives for Avocado Oil
5.3 Market Opportunities
5.3.1 Increasing Demand for Organic Avocado Oil
5.4 Future Trends
5.4.1 Emerging Demand for Avocado Oil From Asia Pacific Region
5.5 Impact Analysis Of Drivers And Restraints
6. Avocado Oil -Market Analysis
6.1 Avocado Oil Market Overview
6.2 North America Avocado Oil Market -Revenue and Forecast to 2027 (US$ Mn)
6.3 Market Positioning - Market Players Ranking
7. Avocado Oil Market Analysis - By Type
7.1 Overview
7.2 North America Avocado Oil Market, By Type (2018 and 2027)
7.3 Extra Virgin
7.3.1 Overview
7.3.1.1 Extra Virgin: Avocado Oil Market - Revenue, and Forecast to 2027 (US$ Mn)
7.4 Virgin
7.4.1 Overview
7.4.1.1 Virgin: Avocado Oil Market - Revenue, and Forecast to 2027 (US$ Mn)
7.5 Refined
7.5.1 Overview
7.5.1.1 Refined: Avocado Oil Market - Revenue, and Forecast to 2027 (US$ Mn)
7.6 Blends
7.6.1 Overview
7.6.1.1 Blends: Avocado Oil Market - Revenue, and Forecast to 2027 (US$ Mn)
8. Avocado Oil Market Analysis - By Nature
8.1 Overview
8.2 North America Avocado Oil Market, By Nature (2018 and 2027)
8.3 Organic
8.3.1 Overview
8.3.1.1 Organic: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
8.4 Conventional
8.4.1 Overview
8.4.1.1 Conventional: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
9. Avocado Oil Market Analysis - By Variety
9.1 Overview
9.2 North America Avocado Oil Market, By Variety (2018 and 2027)
9.3 Hass
9.3.1 Overview
9.3.1.1 Hass: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
9.4 Pinkerton
9.4.1 Overview
9.4.1.1 Pinkerton: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
9.5 Fuerte
9.5.1 Overview
9.5.1.1 Fuerte: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
9.6 Gwen
9.6.1 Overview
9.6.1.1 Gwen: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.1.1 Others: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
10. Avocado Oil Market Analysis - By Application
10.1 Overview
10.2 North America Avocado Oil Market, By Application (2018 and 2027)
10.3 Food and Beverages
10.3.1 Overview
10.3.1.1 Food and Beverages: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
10.4 Pharmaceuticals
10.4.1 Overview
10.4.1.1 Pharmaceuticals: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
10.5 Cosmetics
10.5.1 Overview
10.5.1.1 Cosmetics: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
10.6 Others
10.6.1 Overview
10.6.1.1 Others: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
11. Avocado Oil Market Analysis - By Distribution Channel
11.1 Overview
11.2 North America Avocado Oil Market, By distribution channel (2018 and 2027)
11.3 Hypermarkets and Supermarkets
11.3.1 Overview
11.3.1.1 Hypermarkets and Supermarkets: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
11.4 Specialty Stores
11.4.1 Overview
11.4.1.1 Specialty Stores: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
11.5 Online Stores
11.5.1 Overview
11.5.1.1 Online Stores: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
11.6 Others
11.6.1 Overview
11.6.1.1 Others: Avocado Oil Market - Revenue and Forecast to 2027 (US$ Mn)
12. Avocado Oil Market - Geographic Analysis
12.1 Overview
12.1.1 North America Avocado Oil Market Breakdown, by Key Countries
12.1.1.1 US Avocado Oil Market Revenue and Forecast to 2027 (US$ Mn)
12.1.1.1.1 US Avocado Oil Market Breakdown by Type
12.1.1.1.2 US Avocado Oil Market Breakdown by Nature
12.1.1.1.3 US Avocado Oil Market Breakdown by Variety
12.1.1.1.4 US Avocado Oil Market Breakdown by Application
12.1.1.1.5 US Avocado Oil Market Breakdown by Distribution Channel
12.1.1.2 Canada Avocado Oil Market Revenue and Forecast to 2027 (US$ Mn)
12.1.1.2.1 Canada Avocado Oil Market Breakdown by Type
12.1.1.2.2 Canada Avocado Oil Market Breakdown by Nature
12.1.1.2.3 Canada Avocado Oil Market Breakdown by Variety
12.1.1.2.4 Canada Avocado Oil Market Breakdown by Application
12.1.1.2.5 Canada Avocado Oil Market Breakdown by Distribution Channel
12.1.1.3 Mexico Avocado Oil Market Revenue and Forecast to 2027 (US$ Mn)
12.1.1.3.1 Mexico Avocado Oil Market Breakdown by Type
12.1.1.3.2 Mexico Avocado Oil Market Breakdown by Nature
12.1.1.3.3 Mexico Avocado Oil Market Breakdown by Variety
12.1.1.3.4 Mexico Avocado Oil Market Breakdown by Application
12.1.1.3.5 Mexico Avocado Oil Market Breakdown by Distribution Channel
13. Impact of COVID-19 Pandemic on North America Avocado Oil Market
13.1 North America: Impact Assessment of COVID-19 Pandemic
14. Company Profiles
14.1 CROFTS LTD
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.2 BELLA VADO, INC.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.3 La Tourangelle, Inc.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Madana Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.5 Mevi Avocados, Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.6 Olivado USA
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.7 Sesajal S.A de C.V.
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.8 Spectrum Organics Products, LLC (Hain Celestial Group, Inc.)
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
15. Appendix
15.1 About the Publisher
15.2 Word Index

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.)