“According to our analysis, the global avocado oil market size is expected to grow at a CAGR of 7.12% over the period 2021-2027.”

The global avocado oil industry reached US$6.66 billion in 2021. Industry Trends, Growth, Insights, Outlook, Impact of COVID-19, Business Analysis, Global Forecast 2022-2027.

According to Renub Research, the global avocado oil market is expected to reach US$10.06 billion in 2027. Avocado oil is a natural oil made from the flesh of an avocado. Avocados come in a variety of shapes and colors, from pear-shaped to round, green to black; including ‘Hass’ and ‘Fuerte’. Hass is mainly grown in New Zealand and produces a high yield with few post-harvest problems. In addition, avocados are grown for their own use or exported to the fresh fruit market. Avocado oil is a natural oil extracted from the flesh of an avocado. Avocado is rich in protein and potassium and has a pleasant taste. Avocado oil also contains over 70% heart-healthy oleic acid, an omega-9 monounsaturated fatty acid.

Market Dynamics of Global Dominant Avocado Oil:

Consumers’ desire for a healthy lifestyle and good health has led to an increase in organic food in their daily diet. The increased demand for organic food results from the increased awareness of a healthy lifestyle due to internet access to endless information. Avocado oil also helps lower cholesterol and increase heart rate. Avocado fruit oil substitutes such as sunflower oil and olive oil are now widely available and cheaper, which is expected to limit market expansion. In addition, the market is expected to be harmed by the increasing appearance of counterfeit products on supermarket shelves. According to our analysis Global Avocado Oil Market The size is expected to expand with a CAGR of 7.12% while 2021-2027.

Impact of COVID-19 on the Global Avocado Oil Industry:

Despite a rapid decline in global economic activity and international transport, the global supply and demand for avocado also experienced COVID-19…