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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Extra Virgin Avocado Oil Market, by Distribution Channel
1.4.2 Asia Pacific Extra Virgin Avocado Oil Market, by Application
1.4.3 Asia Pacific Extra Virgin Avocado Oil Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Extra Virgin Avocado Oil Market by Distribution Channel
3.1 Asia Pacific Supermarkets/Hypermarkets Market by Country
3.2 Asia Pacific Convenience Store Market by Country
3.3 Asia Pacific Online Store Market by Country
Chapter 4. Asia Pacific Extra Virgin Avocado Oil Market by Application
4.1 Asia Pacific Food & Beverages Market by Country
4.2 Asia Pacific Cosmetics Market by Country
Chapter 5. Asia Pacific Extra Virgin Avocado Oil Market by Country
5.1 China Extra Virgin Avocado Oil Market
5.1.1 China Extra Virgin Avocado Oil Market by Distribution Channel
5.1.2 China Extra Virgin Avocado Oil Market by Application
5.2 Japan Extra Virgin Avocado Oil Market
5.2.1 Japan Extra Virgin Avocado Oil Market by Distribution Channel
5.2.2 Japan Extra Virgin Avocado Oil Market by Application
5.3 India Extra Virgin Avocado Oil Market
5.3.1 India Extra Virgin Avocado Oil Market by Distribution Channel
5.3.2 India Extra Virgin Avocado Oil Market by Application
5.4 South Korea Extra Virgin Avocado Oil Market
5.4.1 South Korea Extra Virgin Avocado Oil Market by Distribution Channel
5.4.2 South Korea Extra Virgin Avocado Oil Market by Application
5.5 Singapore Extra Virgin Avocado Oil Market
5.5.1 Singapore Extra Virgin Avocado Oil Market by Distribution Channel
5.5.2 Singapore Extra Virgin Avocado Oil Market by Application
5.6 Malaysia Extra Virgin Avocado Oil Market
5.6.1 Malaysia Extra Virgin Avocado Oil Market by Distribution Channel
5.6.2 Malaysia Extra Virgin Avocado Oil Market by Application
5.7 Rest of Asia Pacific Extra Virgin Avocado Oil Market
5.7.1 Rest of Asia Pacific Extra Virgin Avocado Oil Market by Distribution Channel
5.7.2 Rest of Asia Pacific Extra Virgin Avocado Oil Market by Application
Chapter 6. Company Profiles
6.1 ACEITERA MEVI MÉXICO SA DE CV
6.1.1 Company Overview
6.2 Aconcagua Oil & Extract S.A.
6.2.1 Company Overview
6.3 Avocado Oil New Zealand Ltd. (Grove Avocado Oil)
6.3.1 Company Overview
6.4 Bella Vado, Inc.
6.4.1 Company Overview
6.5 Olivado Ltd.
6.5.1 Company Overview
6.6 Westfalia Fruit (Pty) Ltd.
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Acquisition and Mergers:
TABLE 1 Asia Pacific Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Supermarkets/Hypermarkets Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Supermarkets/Hypermarkets Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Convenience Store Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Convenience Store Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Online Store Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Online Store Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Cosmetics Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Cosmetics Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Extra Virgin Avocado Oil Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Extra Virgin Avocado Oil Market by Country, 2022 - 2028, USD Million
TABLE 19 China Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 20 China Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 21 China Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 22 China Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 23 China Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 24 China Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 25 Japan Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 26 Japan Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 27 Japan Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 Japan Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 Japan Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 30 Japan Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 31 India Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 32 India Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 33 India Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 India Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 India Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 36 India Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 37 South Korea Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 38 South Korea Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 39 South Korea Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 South Korea Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 South Korea Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 42 South Korea Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 43 Singapore Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 44 Singapore Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 45 Singapore Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 Singapore Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 Singapore Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 48 Singapore Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 49 Malaysia Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 50 Malaysia Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 51 Malaysia Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Malaysia Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Malaysia Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 54 Malaysia Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 55 Rest of Asia Pacific Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 56 Rest of Asia Pacific Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 57 Rest of Asia Pacific Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 58 Rest of Asia Pacific Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 59 Rest of Asia Pacific Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 60 Rest of Asia Pacific Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 61 Key Information – ACEITERA MEVI MÉXICO SA DE CV
TABLE 62 Key Information – Aconcagua Oil & Extract S.A.
TABLE 63 Key Information – Avocado Oil New Zealand Ltd.
TABLE 64 Key Information – Bella Vado, Inc.
TABLE 65 Key Information – Olivado Ltd.
TABLE 66 Key Information – Westfalia Fruit (Pty) Ltd.
List of Figures
FIG 1 Methodology for the research