Avocado Oil Market Global Outlook, Research, Trends And Forecast To 2028
Avocado oil's benefits include cholesterol reduction, psoriasis control, and osteoarthritis relief, making it useful for the treatment of coronary heart disease, peripheral artery disease, and carotid artery disease, among others. Avocado is also used to treat diabetes because of its low glycemic index, which helps to control blood sugar levels.
Because of its moisturising and regenerative properties, avocado oil is extracted from the Persea Americana fruit and used as a cooking oil, cosmetic, and lubricant. Avocados, also known as butter peas or vegetable butter, are native to Central America. Avocado oil is high in potassium, vitamins A, D, and E, as well as monounsaturated fats. Avocado oil has high smoke point to prevent overheating and high monounsaturated fatty acids, which fuels the Avocado Oil Market growth. Furthermore, rising demand for healthy and natural foods is expected to drive market expansion.
The extra virgin avocado oil segment accounted for the largest share of all product types. This is primarily due to the lack of chemical additives used during the extraction process. This is the highest quality product extracted at low temperature from high quality fruit. Extra virgin avocado oil is best for dressings because it does not require high heat, whereas non-extra virgin oil can be used for sautéing, grilling, frying, roasting, and baking dishes. The Avocado Oil Market is segmented by application, including personal care products, cooking, medicinal products, and others. Personal care products are expected to generate the most revenue during the forecast period (2017-2025), owing to their rapid absorption and high skin penetration.
The beneficial effects of this oil on hair growth and cosmetic products such as nourishing creams, massage creams, and body lotions are expected to drive the Avocado Oil Market. The market is expected to be driven by rising demand for avocado oil in personal care products due to its beneficial monounsaturated fatty acids such as oleic acid and hydrating properties. The personal care products market is expected to reach US$ 10 billion by 2021, at a CAGR of 6%, according to the India Brand Equity Foundation (IBEF). Cosmetic product consumption is increasing significantly as people become more aware of the importance of looking good. As a result, the demand for avocado oil in the region rises.
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