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2020-09-01
847
Global
Refined avocado oil is extracted from the avocado fruit pulp. The avocado plant originated in Central America and over the period of time it has spread over to warm subtropical and temperate parts of the world. Avocado fruit is grown for fresh fruit market, for either domestic consumption or export purpose. Refined avocado oil is free from impurities but it has lost most of its essential nutrients and vitamins during the manufacturing process and also has added additives and other fruit extracts. Refined avocado oil is largely used for non-cooking purposes such as skin moisturizer and hair conditioners.
The rising industrial demand for avocado oil, mainly in beauty and cosmetics product manufacturing, is, however, driving the growth of the market. Refined avocado oil is cheaper than virgin and unrefined avocado oil which has further catered the masses for its consumption through various applications. Further globally refined avocado oil import and exports are continuously increasing backed by improving trade relation of different countries with Central America, which is the largest avocado producer. Goldstein Market Intelligence analyst forecast that the Global refined avocado oil market is set to grow at a CAGR of 13.1% over the forecast period (2017-2030).
The global refined avocado oil industry has been segmented keeping in mind various market factors, they are as follows:
By Product Type
By Packaging
Rigid packaging accounted for the largest market share of 33.7% in 2017, followed by semi-rigid packaging. Rigid packaging provides convenient storage for large quantity and longer shelf life as compared to other packaging types.
By Application
By Distribution Channel
By Geography
Based on geography, North America accounted for the largest market share of 56.6% in 2017 based on refined avocado oil production statistics. On the basis of consumption, Asia-Pacific region accounted for the largest market share in 2017 with Malaysia, Singapore, and Hong-Kong being the top consumers. Asia-Pacific region is expected to grow at fastest CAGR of 14.9% over the forecast period based on consumption and production.
The report covers the present ground scenario and the future growth prospects of the refined avocado oil market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the global region.
Global refined avocado oil market report 2017-2030 has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Global refined avocado oil market space. The report also includes Porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Refined Avocado Oil Market Research” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Refined Avocado Oil Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Our Global refined avocado oil market report comprises of the following companies as the key players:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
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