Avocado oil, also known as avocado seed oil, is a natural oil extracted from the flesh of avocado (avocado), rich in unsaturated fatty acids, as well as nutrients such as vitamin E, potassium, and folic acid. It is commonly used in cooking, skincare, and hair care.
According to different processing techniques, avocado oil can usually be divided into two categories: cold-pressed avocado oil and refined avocado oil. Cold-pressed avocado oil is obtained from cold-pressed avocado flesh without the use of high temperatures or chemical solvents, thus retaining most of the natural nutrients in avocado. This oil is usually yellow or light green and has a strong avocado flavor; Refined avocado oil undergoes high temperature and chemical treatment to remove impurities and odors from the oil. Although this treatment process improves the stability and shelf life of the oil, it also loses some nutrients. Refined avocado oil usually has a light yellow color and a lighter flavor than cold pressed oil.
Analysis of Downstream Application Pattern
From downstream applications, avocado oil has a wide range of applications in food, cosmetics, skincare products, and medical fields. Among them, the food sector is the largest downstream application market for avocado oil. According to our research data, the total global consumption of avocado oil in 2023 was 15.97k tons, among which the consumption of avocado oil in the food sector was 11.54k tons, accounting for 72.25% of the total consumption.
Global Avocado Oil Consumption and Proportion by Application in 2023
|
Applications |
Consumption (K Tons) |
Proportion |
|
Food |
11.54 |
72.25% |
|
Cosmetics&Skincare Products |
3.59 |
22.50% |
|
Others |
0.84 |
5.25% |
|
Total |
15.97 |
100% |
Source: www.globalmarketmonitor.com
From a regional perspective, North America is the world's largest producer and consumer of avocado oil. The data shows that in 2023, the production of avocado oil in North America was 7.43k tons, accounting for 46.54% of the global total production; Although the Asian avocado market started relatively late, in recent years, with the increasing awareness of healthy eating among consumers and the widespread application of avocado in cooking and beauty, its market is gradually emerging. In addition, the avocado market in regions such as South America, the Middle East, and Africa is also rapidly developing, occupying a large share of the global market.
Global Avocado Oil Market Revenue Forecast and Production Share by Region
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