United States Avocado Oil Market Outlook
Avocado oil refers to the natural oil obtained from the pulp of the avocado plant. It is made up of the monounsaturated fatty acid omega-9, a heart-healthy oleic acid. Avocado oil is categorized into various types, such as extra virgin, blended, and refined. It is high in potassium and fiber, has good flavor, and is rich in texture.
The United States avocado oil market growth rate is expected to exhibit a CAGR of 6.30% during 2022-2027.
Avocado oil has an antioxidant, emollient, moisturizing, and toning effect that keeps the skin glowing and aids in reducing blemishes, dry skin, wrinkles, and acne. As a result, it finds widespread utilization across several sectors, including food and beverage (F&B), cosmetics, pharmaceutical, etc.
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Note: 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.
United States Avocado Oil Market Trends:
The escalating awareness towards the nutritional and health benefits of this natural substance is among the primary factors driving the United States avocado oil market. Besides this, the elevating prevalence of various lifestyle disorders, such as obesity, diabetes, cardiovascular diseases (CVDs), etc., on account of the rising consumption of high-fat butter and other food items by individuals, is further augmenting the market growth.
Apart from this, the inflating demand for nutritious ingredients in the everyday dietary habits of consumers, owing to the increasingly health-conscious population, is also catalyzing the market across the country. Moreover, the emerging trend of organic skin and personal care products utilizing avocado oil is acting as another significant growth-inducing factor. Furthermore, the growing product popularity in the medical sector, as it enhances digestion, supports weight reduction, improves heart health, carries out detoxification, etc., is anticipated to propel the United States avocado oil market over the forecasted period.
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Key Market Segmentation:
The report has categorized the market based on product type, application and distribution channel.
Breakup by Product Type:
- Extra Virgin Oil
- Refined Oil
- Blends
- Others
Breakup by Application:
- Food and Beverages
- Cosmetics
- Pharmaceuticals
- Others
Breakup by Distribution Channel:
- Business to Business
- Business to Consumer
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Stores
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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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.
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