Asia Pacific Extra Virgin Avocado Oil Market

Asia Pacific Extra Virgin Avocado Oil Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Supermarkets/Hypermarkets, Convenience Store, and Online Store), By Application, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-11852 Publication Date: October-2022 Number of Pages: 48
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Market Report Description

The Asia Pacific Extra Virgin Avocado Oil Market would witness market growth of 5.5% CAGR during the forecast period (2022-2028).

The oil's chemistry, as determined by laboratory testing, meets or exceeds precise requirements that indicate the avocados and oil were handled and stored with care. No chemicals or high temperatures are permitted during the extraction procedure. Additionally, "Extra Virgin" indicates that the oil is devoid of flavor and aroma flaws.

Extra virgin avocado oil has a delicious flavor and an outstanding nutrient profile, making it a pleasurable addition to a balanced diet. From reducing the risk of heart disease to providing an abundance of cancer-fighting antioxidants, the list of extra virgin avocado oil's health advantages continues to increase. After ripening in the sun on the tree, the avocados are hand-harvested, washed, sorted, and then processed through the pit and peel removers.

After removing the fruit's peel & pit, it is malaxed (mixed) at a low temperature to initiate oil separation. The temperature of the malaxers is constantly controlled, and to prevent oxidation, the fruit is malaxed for the shortest time possible to produce extra virgin avocado oil. After being malaxed, the fruit is transported through a two-part centrifugal system that separates the water, pulp, and oil.

As a result of the growing need for a variety of oils among consumers in the Asia Pacific region, it is anticipated that this region will acquire a sizeable portion of the worldwide extra virgin avocado oil market. Consumers in the region are gaining an increased awareness of the negative impact that consuming fats can have on their health, which is further encouraging manufacturers to enhance the functionality as well as the nutritional benefits of the items they sell.

The China market dominated the Asia Pacific Extra Virgin Avocado Oil Market by Country in 2021; thereby, achieving a market value of $45.9 million by 2028. The Japan market is showcasing a CAGR of 4.9% during (2022 - 2028). Additionally, The India market would register a CAGR of 6.2% during (2022 - 2028).

Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Store, and Online Store. Based on Application, the market is segmented into Food & Beverages and Cosmetics. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Extra Virgin Avocado Oil Market is Projected to reach USD 539.9 Million by 2028, at a CAGR of 4.7%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aceitera Mevi México SA de CV, Aconcagua Oil & Extract S.A., Avocado Oil New Zealand Ltd. (Grove Avocado Oil), Bella Vado, Inc., Olivado Ltd. and Westfalia Fruit (Pty) Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Store
  • Online Store

By Application

  • Food & Beverages
  • Cosmetics

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Aceitera Mevi México SA de CV
  • Aconcagua Oil & Extract S.A.
  • Avocado Oil New Zealand Ltd. (Grove Avocado Oil)
  • Bella Vado, Inc.
  • Olivado Ltd.
  • Westfalia Fruit (Pty) Ltd.
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