Global Extra Virgin Avocado Oil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Cold Pressed and Solvent Extracted.By Application;
Food & Beverage and Cosmetic.By Distribution Channel;
Supermarkets/Hypermarkets , Beauty stores, and Online store.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Extra Virgin Avocado Oil Market (USD Million), 2021 - 2031
In the year 2024, the Global Extra Virgin Avocado Oil Market was valued at USD 482.96 million. The size of this market is expected to increase to USD 652.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.
The global extra virgin avocado oil market has experienced significant growth in recent years, driven by increasing consumer awareness of health and wellness. Extra virgin avocado oil is renowned for its rich nutritional profile, including high levels of monounsaturated fats, antioxidants, and vitamins. These attributes have made it a popular choice among health-conscious consumers seeking natural and nutritious alternatives to traditional cooking oils. As a result, the market for extra virgin avocado oil is expanding, with a growing number of consumers incorporating it into their diets for its potential health benefits and versatile culinary applications.
In addition to health benefits, the rising demand for extra virgin avocado oil can be attributed to its diverse uses in both culinary and non-culinary sectors. In the food industry, it is valued for its rich, buttery flavor and high smoke point, which make it suitable for a variety of cooking methods, from sautéing to baking. Beyond the kitchen, extra virgin avocado oil is increasingly utilized in personal care products, including skincare and haircare items, due to its moisturizing and nourishing properties. This broad range of applications has spurred interest from both consumers and manufacturers alike.
The growth of the extra virgin avocado oil market is also supported by advancements in agricultural practices and oil extraction technologies. Improved farming techniques and innovations in extraction methods have enhanced the quality and yield of avocado oil production, making it more accessible and affordable for consumers. Additionally, the rise of organic and sustainable agriculture has played a role in the market's expansion, as consumers increasingly seek products that are environmentally friendly and ethically produced.
Geographically, the extra virgin avocado oil market is experiencing dynamic changes, with significant growth observed in regions such as North America, Europe, and Asia-Pacific. As the market matures, companies are exploring new opportunities in emerging markets and expanding their product offerings to meet the diverse preferences of global consumers. This evolving landscape presents both challenges and opportunities for stakeholders in the extra virgin avocado oil industry as they navigate a competitive and rapidly changing market environment.
Global Extra Virgin Avocado Oil Market Recent Developments
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In January 2021, the market saw a significant rise in avocado oil-based beauty products, with brands emphasizing its moisturizing and anti-aging properties, capitalizing on the growing trend for natural skincare solutions.
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In June 2023, demand for extra virgin avocado oil surged as consumers sought healthier cooking oils, with key suppliers expanding their product lines to include high-quality, cold-pressed options.
Segment Analysis
The global extra virgin avocado oil market is segmented by product type, application, and distribution channel, each reflecting diverse consumer preferences and usage patterns. In terms of product type, the market is divided into cold pressed and solvent extracted varieties. Cold pressed avocado oil is extracted using a mechanical process that retains the oil’s natural nutrients, antioxidants, and delicate flavor. This premium oil is preferred by health-conscious consumers and is widely used in gourmet cooking, salad dressings, and as a finishing oil. Solvent extracted avocado oil, on the other hand, is produced through a chemical process involving solvents like hexane, offering a more cost-effective solution with a higher yield. This type is commonly used in mass-market applications, food processing, and large-scale cooking where affordability and volume are key considerations.
The application segment of the global extra virgin avocado oil market includes food & beverage and cosmetic uses. In the food & beverage segment, extra virgin avocado oil is valued for its health benefits, high monounsaturated fat content, and versatility in cooking, such as in frying, sautéing, and salad dressings. Its popularity is also driven by the growing demand for healthier cooking oils and clean-label products. In the cosmetic segment, avocado oil is renowned for its moisturizing, nourishing, and anti-inflammatory properties, making it a common ingredient in skincare and haircare products. As consumers increasingly look for natural and organic solutions for beauty and wellness, avocado oil's presence in the cosmetics industry continues to expand, particularly in high-end, eco-friendly personal care lines.
The distribution channel segment includes supermarkets/hypermarkets, beauty stores, and online stores, each catering to different consumer shopping preferences. Supermarkets and hypermarkets remain the primary point of purchase for avocado oil, offering convenience and accessibility for customers looking for both food and cosmetic products. Beauty stores target consumers specifically interested in avocado oil for cosmetic purposes, providing a more curated selection of skincare and haircare products. Meanwhile, online stores have seen rapid growth due to the increasing trend of e-commerce, offering convenience, broader product variety, and the ability to compare prices and read reviews. The online channel also allows for niche and specialty brands to reach a wider audience, particularly in regions where physical stores may not carry such products. The combination of these distribution channels ensures that extra virgin avocado oil remains accessible to a diverse consumer base, further driving its growth across food, beverage, and cosmetic applications.
Global Extra Virgin Avocado Oil Segment Analysis
In this report, the Global Extra Virgin Avocado Oil Market has been segmented by Product Type, Application, Distribution Channel and Geography.
Global Extra Virgin Avocado Oil Market, Segmentation by Product Type
The Global Extra Virgin Avocado Oil Market has been segmented by Product Type into Cold Pressed and Solvent Extracted.
The global extra virgin avocado oil market is segmented by product type into cold pressed and solvent extracted varieties, each offering distinct benefits and catering to different consumer preferences. Cold pressed avocado oil is extracted through a mechanical process that involves no heat, preserving the oil's natural flavor, nutrients, and antioxidants. This method is preferred by consumers seeking a more natural and pure product, as cold pressing helps retain the oil's high levels of vitamins, minerals, and beneficial compounds like oleic acid. Cold pressed avocado oil is often marketed as a premium product, ideal for raw applications such as salad dressings, dips, or finishing oils, where its delicate flavor and health benefits can be best appreciated.
In contrast, solvent extracted avocado oil is produced using chemical solvents, typically hexane, to extract oil from avocado pulp. This method is more efficient and yields a higher quantity of oil at a lower cost compared to cold pressing. While solvent-extracted oils may not retain the same level of nutrients and antioxidants as cold pressed varieties, they still offer a versatile and cost-effective option for consumers who prioritize price and volume. Solvent-extracted avocado oil is often used in industrial applications and food processing, where large quantities of oil are needed at a lower price point, such as in cooking, frying, or as an ingredient in packaged food products.
Both cold pressed and solvent extracted avocado oils play crucial roles in the market, serving different segments of consumers. Cold pressed avocado oil appeals to health-conscious buyers seeking high-quality, nutrient-dense oils for direct consumption or high-end culinary uses. On the other hand, solvent extracted avocado oil meets the demand for more affordable, mass-market products that can be used in various cooking processes or industrial applications. As avocado oil continues to grow in popularity due to its health benefits and versatility, these two production methods will continue to cater to a wide range of consumer needs, from premium, nutrient-rich options to cost-effective, large-volume solutions.
Global Extra Virgin Avocado Oil Market, Segmentation by Application
The Global Extra Virgin Avocado Oil Market has been segmented by Application into Food & Beverage and Cosmetic.
In the Food & Beverage sector, extra virgin avocado oil is celebrated for its high nutritional value and rich flavor profile. This segment includes a variety of applications such as cooking, salad dressings, and gourmet food products. Avocado oil's high smoke point makes it a preferred choice for frying, grilling, and sautéing, while its smooth texture and mild taste enhance salads and dips. The food industry is increasingly recognizing the health benefits of extra virgin avocado oil, including its high levels of monounsaturated fats, vitamins, and antioxidants, which are driving its popularity among health-conscious consumers.
The Cosmetic segment of the global extra virgin avocado oil market focuses on personal care and beauty products. Avocado oil is valued for its moisturizing, nourishing, and anti-aging properties, making it a key ingredient in skincare, haircare, and body care products. It is used in a range of cosmetic formulations, including facial creams, serums, shampoos, and conditioners. The oil’s high content of vitamins A, D, and E, along with essential fatty acids, supports skin health, repairs damage, and improves elasticity, which is contributing to the growing adoption of avocado oil in the cosmetic industry.
Global Extra Virgin Avocado Oil Market, Segmentation by Distribution Channel
The Global Extra Virgin Avocado Oil Market has been segmented by Distribution Channel into Supermarkets/Hypermarkets, Beauty stores and Online store.
Supermarkets and hypermarkets are prominent distribution channels for extra virgin avocado oil, catering to a broad consumer base. These retail outlets offer a diverse range of products, including extra virgin avocado oil, often positioned within the premium or organic sections of the store. The appeal of supermarkets and hypermarkets lies in their ability to provide a one-stop shopping experience where consumers can conveniently find high-quality avocado oil along with other grocery items. These stores benefit from high foot traffic, extensive product selection, and regular promotions, which help in driving the sales of extra virgin avocado oil. Moreover, the presence of knowledgeable staff and in-store displays can further influence purchasing decisions by highlighting the health benefits and premium nature of the product.
Beauty stores represent a niche yet significant distribution channel for extra virgin avocado oil, particularly for its cosmetic and skincare applications. Extra virgin avocado oil is celebrated for its moisturizing and nourishing properties, making it a popular ingredient in various beauty and personal care products. Specialty beauty stores often feature high-end and natural skincare products, where extra virgin avocado oil can be marketed as a premium ingredient for enhancing skin health. These stores cater to a consumer segment that is specifically interested in natural and organic beauty products, allowing extra virgin avocado oil to reach a target audience that values quality and effectiveness in skincare solutions. The marketing strategies in beauty stores often emphasize the oil’s benefits for skin hydration, anti-aging, and overall wellness.
The online store segment has witnessed significant growth in the distribution of extra virgin avocado oil, driven by the increasing preference for online shopping due to its convenience and accessibility. E-commerce platforms offer a wide variety of extra virgin avocado oil products, including different brands, sizes, and formulations. The online channel provides a platform for consumers to compare products, read reviews, and make informed purchasing decisions from the comfort of their homes. Additionally, online stores frequently offer promotions, discounts, and subscription options, which can attract cost-conscious consumers. The ability to reach a global audience also allows brands to expand their market presence and cater to diverse consumer needs through online retail.
Direct sales channels, including company-owned stores and direct-to-consumer (DTC) online platforms, also play a crucial role in the extra virgin avocado oil market. These channels allow brands to establish a direct relationship with consumers, offering an opportunity to showcase their products' unique qualities and build brand loyalty. Direct sales can be particularly effective for promoting high-quality extra virgin avocado oil, where brands can emphasize their commitment to premium ingredients and sustainable practices. By controlling the entire sales process, companies can ensure a consistent brand experience and engage directly with customers to gather feedback and enhance their product offerings.
Global Extra Virgin Avocado Oil Market, Segmentation by Geography
In this report, the Global Extra Virgin Avocado Oil Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Extra Virgin Avocado Oil Market Share (%), by Geographical Region, 2024
The North American market for extra virgin avocado oil is driven by increasing consumer awareness regarding the health benefits of avocado oil, which is rich in monounsaturated fats and antioxidants. The United States and Canada are the key markets in this region. In the U.S., there is a growing trend towards healthier eating habits, with consumers opting for natural and organic products. This has led to a rise in the demand for extra virgin avocado oil in both retail and foodservice sectors. The presence of major health food brands and the increasing availability of avocado oil in supermarkets and specialty stores further bolster market growth in North America.
In Europe, the demand for extra virgin avocado oil is fueled by a rising interest in Mediterranean diets and healthy cooking practices. Countries such as Germany, the United Kingdom, France, and Spain are significant markets within the region. The European market is characterized by a preference for high-quality, organic products, and there is a growing inclination towards premium culinary oils. The trend towards incorporating healthier oils in cooking and salad dressings supports the expansion of the extra virgin avocado oil market across Europe. Additionally, increasing awareness about the oil’s nutritional benefits and its use in gourmet food preparations contribute to market growth.
The Asia Pacific region presents a growing opportunity for the extra virgin avocado oil market due to the increasing adoption of healthy eating habits and the rise in disposable incomes. Key countries in this region include China, Japan, India, and South Korea. The market in Asia Pacific is driven by a surge in the health and wellness trend, where consumers are becoming more conscious of their dietary choices. There is also a growing interest in international cuisines and premium food products, which is fostering the demand for extra virgin avocado oil. Furthermore, the increasing availability of avocado oil in health food stores and online platforms is expected to drive market growth in this region.
In the Middle East and Africa, the extra virgin avocado oil market is relatively nascent but shows significant potential for growth. The market in this region is expanding as a result of increasing consumer awareness about the health benefits of avocado oil and a growing preference for high-quality cooking oils. Countries like the UAE, Saudi Arabia, and South Africa are witnessing a rise in the demand for gourmet and health-oriented food products. The expansion of modern retail channels and the introduction of premium avocado oil products are expected to drive market growth. Additionally, the increasing trend of incorporating healthier ingredients into traditional diets contributes to the market’s expansion.
Latin America, being a significant producer of avocados, has a well-established market for extra virgin avocado oil. Mexico and Peru are the leading producers and exporters of avocado oil in this region. The local market is driven by the high availability of raw avocados and a strong tradition of using avocados in various culinary applications. The growth in the extra virgin avocado oil market in Latin America is supported by the increasing domestic consumption of avocado oil for both cooking and health purposes. Additionally, the region's export activities help to meet the growing international demand for high-quality avocado oil.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Extra Virgin Avocado Oil Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers
- Health Benefits
- Rising Health Consciousness
- Increasing Avocado Production
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Growing Vegan Trends: The global extra virgin avocado oil market has been experiencing significant growth driven by the rising popularity of veganism and the increasing demand for plant-based products. As more consumers adopt vegan and plant-based diets, there is a growing preference for oils that align with these dietary choices. Extra virgin avocado oil, known for its high nutritional value and rich, buttery flavor, has become a favored alternative to traditional animal-based oils. This shift is fueled by a heightened awareness of health and sustainability, with avocado oil being praised for its healthy fats, vitamins, and antioxidants.
The vegan trend has not only bolstered demand for extra virgin avocado oil but has also spurred innovations in the market. Companies are investing in sustainable farming practices, eco-friendly packaging, and new product formulations to cater to the environmentally conscious and health-focused consumer base. This includes the development of organic and non-GMO avocado oil products that meet the stringent requirements of vegan diets. Additionally, the rise of plant-based cooking shows, social media influencers, and vegan lifestyle advocates has further popularized the use of avocado oil in both everyday cooking and gourmet cuisine.
The global extra virgin avocado oil market is expected to continue its upward trajectory as veganism becomes more mainstream. Market players are likely to explore new opportunities for growth through strategic partnerships, enhanced distribution channels, and product diversification. As consumers increasingly seek out high-quality, ethical, and health-conscious food options, extra virgin avocado oil stands poised to benefit from these evolving trends, solidifying its position in the global market.
Restraints
- High Production Costs
- Limited Supply Chain
- Short Shelf Life
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Price Volatility: The global extra virgin avocado oil market has experienced significant price volatility over recent years due to various factors influencing supply and demand dynamics. One of the primary drivers of price fluctuations is the seasonal nature of avocado production. Avocado trees have a specific growing cycle, which can lead to variations in yield depending on factors such as climate conditions and agricultural practices. Poor weather conditions, such as droughts or excessive rainfall, can drastically impact the quantity of avocados produced, leading to fluctuations in extra virgin avocado oil prices. Additionally, diseases and pests affecting avocado crops can further contribute to supply shortages and increased price volatility.
Another key factor affecting price volatility in the extra virgin avocado oil market is the growing global demand for avocado-based products. As consumers increasingly recognize the health benefits of avocados and avocado oil, demand has surged across various regions, especially in North America and Europe. This heightened demand can outpace supply, causing prices to rise. Conversely, if market demand shifts or there are sudden changes in consumer preferences, prices can experience downward pressure. The market is also influenced by the dynamics of international trade, including tariffs, export restrictions, and fluctuations in currency exchange rates, which can impact the cost of avocado oil on a global scale.
In addition to these external factors, the extra virgin avocado oil market is subject to price volatility due to fluctuations in production costs. Costs associated with cultivation, harvesting, and processing avocados can vary due to changes in labor costs, energy prices, and technological advancements in extraction processes. These production cost fluctuations can be passed on to consumers, resulting in price changes for extra virgin avocado oil. Market players must navigate these challenges by adopting strategies such as diversifying sources of avocados, investing in technology, and managing supply chain risks to stabilize prices and ensure a steady supply of high-quality extra virgin avocado oil.
Opportunities
- Product Innovation
- Expanding Market Reach
- New Applications
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Increasing Consumer Awareness: In recent years, there has been a significant rise in consumer awareness regarding the health benefits of extra virgin avocado oil. This awareness is largely driven by a growing understanding of the importance of healthy fats in the diet. Extra virgin avocado oil is recognized for its high monounsaturated fat content, which is beneficial for heart health, cholesterol levels, and overall well-being. As consumers become more informed about the nutritional advantages of incorporating high-quality oils into their diets, the demand for extra virgin avocado oil has surged. This shift is evident in the increased number of health-focused food products and the expanding presence of avocado oil on supermarket shelves.
Educational campaigns and media coverage have also played a crucial role in boosting consumer knowledge about extra virgin avocado oil. Health influencers, dietitians, and wellness advocates have highlighted the oil's role in reducing inflammation, supporting skin health, and aiding in weight management. These efforts have effectively communicated the superior quality of extra virgin avocado oil compared to other cooking oils, which often contain unhealthy fats or are highly processed. As a result, consumers are more inclined to seek out extra virgin avocado oil for its natural and healthful properties.
The trend towards organic and sustainably sourced food products has further driven consumer interest in extra virgin avocado oil. Shoppers are increasingly looking for products that align with their values of environmental responsibility and ethical production practices. Extra virgin avocado oil, often marketed as organic and minimally processed, meets these criteria and appeals to the modern, health-conscious consumer. This alignment with consumer values not only supports the growth of the extra virgin avocado oil market but also encourages brands to focus on transparency and sustainability in their product offerings.
Competitive Landscape Analysis
Key players in Global Extra Virgin Avocado Oil Market include:
- California Avocado Company
- Westpack Avocado Oil
- Chosen Foods
- Avocado Oil Company
- Nutiva
- Kirkland Signature
- La Tourangelle
- Olivado
- BetterBody Foods
- Bella Vado
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Extra Virgin Avocado Oil Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Health Benefits
- Rising Health Consciousness
- Increasing Avocado Production
- Growing Vegan Trends
- Restraints
- High Production Costs
- Limited Supply Chain
- Short Shelf Life
- Price Volatility
- Opportunities
- Product Innovation
- Expanding Market Reach
- New Applications
- Increasing Consumer Awareness
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Extra Virgin Avocado Oil Market, By Product Type, 2021 - 2031 (USD Million)
- Cold Pressed
- Solvent Extracted
- Global Extra Virgin Avocado Oil Market, By Application, 2021 - 2031 (USD Million)
- Food & Beverage
- Cosmetic
- Global Extra Virgin Avocado Oil Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Supermarkets/Hypermarkets
- Beauty stores
- Online store
- Global Extra Virgin Avocado Oil Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Extra Virgin Avocado Oil Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- California Avocado Company
- Westpack Avocado Oil
- Chosen Foods
- Avocado Oil Company
- Nutiva
- Kirkland Signature
- La Tourangelle
- Olivado
- BetterBody Foods
- Bella Vado
- Company Profiles
- Analyst Views
- Future Outlook of the Market