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2019-06-18
210
United States
Avocado oil is extracted from the avocado fruit pulp. Avocado plant originated in Central America but over the period of time it has spread over to warm subtropical and temperate regions of the world. Avocado fruit is grown for fresh fruit market, for either domestic consumption or export purpose. Avocados has different varieties, of which ‘Hass’ and ‘Fuerte’. Hass is largely cultivated in Mexico and New Zealand and provides high yield and low postharvest disorders. The U.S. accounted for 28.4% production of avocado oil in 2017. California, Florida and Hawaii are the major producers of avocado with California nearly produced 151,000 tons of fresh avocados. U.S. imports avocado oil majorly from Mexico and exports to Singapore and Indonesia. The high content of healthy fats, thiamin, riboflavin and vitamin A, E, K is majorly driving the growth in demand for Avocado oil, which is useful not only in cooking purpose but also in beauty and cosmetics products to reduce blemishes, dry skin, wrinkles and acne. Further, various technological improvements are being implemented in the Avocado production to increase the yield and reduce pest impact. Avocado oil is expensive as compared to other oils like olive oil and coconut oil, thus the price factor majorly hinders the growth of the market.
By Product
By Packaging
By Application
By Distribution Channel
Goldstein Research analyst forecast that the United States avocado oil market is set to reach nearly 950 thousand tons by 2024, growing at a CAGR of 13.2% over the forecast period (2017-2025). Based on product, Extra virgin avocado oil accounted for largest market share of 27.5% in 2017 on account of its extraction process that ensures highest quality of the avocado oil and has no additional additives.
The report covers the present ground scenario and the future growth prospects of the avocado oil market for 2017-2025 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 United States region.
United States Avocado Oil Market Outlook 2017-2025, 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 United States 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. “United States Avocado Oil Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.
US 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.
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