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The avocado oil market held a market worth of US$ 287.2 million in 2022, and it is anticipated that it will reach a market value of US$ 975 million by 2033, growing at a CAGR of 5.9% from 2023 to 2033.
Report Attribute | Details |
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Estimated Market Value (2022) | US$ 287.2 million |
Expected Market Value (2023) | US$ 324.5 million |
Projected Forecast Value (2033) | US$ 975 million |
Anticipated Growth Rate (2023 to 2033) | 5.9% |
Report Scope
Report Attribute | Details |
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Growth Rate | CAGR of 5.9% from 2022 to 2032 |
Market value in 2023 | US$ 324.5 million |
Market value in 2033 | US$ 975 million |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | US$ million for value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Companies Profiled |
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Customization & Pricing | Available upon Request |
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The global avocado oil market size reached USD 610.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 886.0 Million by 2033, exhibiting a growth rate (CAGR) of 4.2% during 2025-2033. The increasing prevalence of lifestyle diseases, rising preference for cooking food in a healthy oil fortified with essential nutrients, and the growing consumption of dietary supplements are some of the major factors propelling the market.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024
| USD 610.5 Million |
Market Forecast in 2033
| USD 886.0 Million |
Market Growth Rate 2025-2033 | 4.2% |
IMARC Group provides an analysis of the key trends in each segment of the global avocado oil market report, along with forecasts at the global and regional levels from 2025-2033. Our report has categorized the market based on product type, application and distribution channel.
This statistic shows the forecast value of avocado oil market worldwide from 2018 to 2026. The global avocado oil market value is estimated to be 430.8 million U.S. dollars in 2018, and is forecasted to reach to 646 million U.S. dollars by 2026.
Avocado Oil Market Size 2024-2028
The avocado oil market size is forecast to increase by USD 778.7 mn at a CAGR of 16.24% between 2023 and 2028.
The market is witnessing significant growth due to the increasing health awareness and demand for natural oils. Avocado oil, rich in monounsaturated fatty acids and vitamins, offers numerous health benefits, making it a popular choice among consumers. Moreover, the market is also witnessing a trend towards natural oil blends and flavored avocado oils, catering to the evolving preferences of consumers. However, stringent regulations regarding the production and labeling of avocado oil pose a challenge to market growth. Producers must adhere to these regulations to ensure the quality and safety of their products, thereby increasing production costs and potentially impacting profitability.
Despite these challenges, the market is expected to continue its growth trajectory, driven by the health benefits and consumer preferences for natural and flavored oils.
What will be the Size of the Avocado Oil Market during the Forecast Period?
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The market has experienced significant growth in recent years, driven by the increasing popularity of monounsaturated fats, vitamin E, and antioxidants in health-conscious consumer diets. With the rise of vegan, vegetarian, and plant-based eating patterns, avocado oil, as a high-quality source of healthy fats, has gained traction. The market encompasses various applications, including food, skincare products, hair care products, and cosmetics. Urbanization and the expanding upper-middle class population have fueled demand for organic food products and certified organic oils. Avocado oil's good fat content and relatively low saturated fat content make it an attractive alternative to processed food industry staples like sunflower oil and olive oil.
The personal care industry's adoption of nanotechnology for improved absorption and environmental care has further expanded the market's reach. Extraction technology advancements have ensured longer shelf life and maintained the oil's natural properties.
How is this Avocado Oil Industry segmented and which is the largest segment?
The avocado oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Refined avocado oil
Crude avocado oil
Distribution Channel
Offline
Online
Geography
North America
Canada
US
APAC
China
Japan
Europe
Germany
UK
South America
Middle East and Africa
By Product Insights
The refined avocado oil segment is estimated to witness significant growth during the forecast period. Avocado oil, derived from the pulp of ripe avocados, is a popular healthy oil In the food and personal care industries. Known for its monounsaturated fats, Vitamin E, and antioxidants, avocado oil caters to the growing demand for vegan, vegetarian, and plant-based diets. Extra virgin avocado oil, produced through cold-pressed extraction, is prized for its high smoke point, strong flavor, and nutrient-rich properties. It is used extensively in cooking, baking, and as a salad dressing, while also finding applications in skincare products, hair care products, and cosmetics. Urbanization and rising health consciousness among the upper-middle class have fueled the market growth.
Organic food products and certified organic oils are gaining popularity, driving the demand for avocado oil. Extraction technologies like supercritical fluid extraction and ultrasound-assisted oil extraction ensure longer shelf life and higher nutrient retention. Avocado oil is a viable alternative to processed oils like sunflower oil and olive oil. However, consumers must be cautious of counterfeit products and ensure they purchase pure, refined, or virgin oil. The personal care industry's increasing use of nanotechnology for product development further expands the market potential. Environmental care and sustainability are essential considerations for manufacturers, making it crucial to adopt eco-friendly extraction methods.
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The Refined avocado oil segment was valued at USD 342.90 mn in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Avocado oil, derived from the pulp of ripe avocados, holds a significant position In the global market due
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According to Cognitive Market Research, the global organic avocado oil market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
North America held the major market of around 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America market of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The hass held the highest market share in organic avocado oil market in 2024.
Market Dynamics of Organic Avocado Oil Market
Key Drivers of Organic Avocado Oil Market
Growing Awareness of the Health Benefits to Increase Sales
The burgeoning awareness of the myriad health benefits associated with organic avocado oil is poised to significantly bolster sales in the market. Avocado oil is rich in monounsaturated fats, particularly oleic acid, which is known to promote heart health by lowering LDL cholesterol levels. Moreover, it contains antioxidants like vitamin E and beta-sit sterol, which exhibit anti-inflammatory properties and support immune function. As consumers increasingly prioritize healthier dietary choices and holistic wellness, the demand for avocado oil as a nutritious alternative to conventional cooking oils is on the rise. Furthermore, its versatility in culinary applications, coupled with its potential in skincare and haircare formulations, adds to its appeal. This growing recognition of avocado oil as a wholesome, multifunctional product is driving its adoption across various demographics, propelling market growth in the process.
Increasing Consumer Interest in Natural Skincare and Haircare Products to Propel the Market
The escalating consumer interest in natural skincare and haircare products is poised to propel the organic avocado oil market to new heights. Avocado oil's rich composition of vitamins, minerals, and fatty acids makes it a coveted ingredient in the formulation of natural beauty products. Its nourishing properties deeply moisturize and rejuvenate the skin, helping to combat dryness, inflammation, and signs of aging. Moreover, its lightweight texture and non-greasy feel make it suitable for all skin types, including sensitive and acne-prone skin. In haircare, avocado oil helps to nourish and strengthen hair strands, promoting shine, elasticity, and overall scalp health. As consumers increasingly prioritize clean beauty and seek out sustainable, plant-based alternatives, the demand for avocado oil in skincare and haircare formulations is experiencing exponential growth, driving market expansion and innovation in the natural beauty sector.
Restraint Factors of Organic Avocado Oil Market
Seasonal Fluctuations in Avocado Production to Pose a Barrier
Seasonal fluctuations in avocado production present a significant barrier to the organic avocado oil market. Avocado trees have specific climatic requirements and are susceptible to weather variations, including frost, drought, and excessive heat, which can affect fruit yield and quality. This variability in avocado production can lead to supply shortages and instability in prices, impacting the availability of organic avocado oil. Additionally, the seasonal nature of avocado harvesting may result in uneven distribution throughout the year, further exacerbating supply chain challenges for producers and retailers. To mitigate these barriers, stakeholders in the organic avocado oil market need to implement strategies such as diversifying sourcing regions, investing in sustainable farming practices, and developing robust supply chain management systems to ensure consistent availability and stability in the marketplace.
Impact of Covid-19 on the Organic avocado oil Market
The COVID-19 pandemic has had a detrimental impact on the ...
This statistic shows the market share of avocado oil worldwide in 2016, by region. In that year, North America, Central America, and South America accounted for about 69 percent of the global avocado oil market.
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The size and share of the market is categorized based on Type (Virgin, Extra Virgin) and Application (Food Industry, Cosmetics Industry, Pharmaceutical Industry) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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The size and share of the market is categorized based on Type (Cold-pressed extra virgin, Refined extra virgin, Organic extra virgin, Flavored extra virgin, Blend of extra virgin) and Application (Cooking, Salad dressings, Skincare, Baking, Gourmet cuisine) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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The average 2023 price of avocado oil in the USA was 10746 USD/MT.
Product
| Category | Region | Price |
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Avocado Oil | Chemical | USA | 10746 USD/MT (Avg 2023 Price) |
Explore IMARC’s newly published report, titled “Avocado Oil Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of avocado oil pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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The adoption of avocado oil in Western Europeis expected to exhibit a compound annual growth rate of 6.9% through 2033. The avocado oil industry in Western Europe is poised to witness significant opportunities, with a valuation of US$ 146 million in 2023.
Attributes | Details |
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Industry Size in 2023 | US$ 146 million |
Expected Industry Size by 2033 | US$ 286 million |
Forecasted CAGR from 2023 to 2033 | 6.9% |
Category-wise insights
Avocado Oil in Western Europe based on Product Type | Extra Virgin Avocado |
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Share in % in 2033 | 48.7% |
Avocado Oil in Western Europe based on Variety | Hass |
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Share in % in 2033 | 84.6% |
Country-wise Insights
Countries | CAGR from 2023 to 2033 |
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United Kingdom | 5.8% |
Germany | 6.1% |
France | 5.2% |
Italy | 4.3% |
Scope of the Report
Attribute | Details |
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Estimated Industry Size in 2023 | US$ 146 million |
Projected Industry Size in 2033 | US$ 286 million |
Anticipated CAGR from 2023 to 2033 | 6.9% CAGR |
Historical Analysis of Demand for Avocado Oil in Western Europe | 2018 to 2022 |
Demand Forecast for Avocado Oil in Western Europe | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing Avocado Oil adoption in Western Europe, Insights on Global Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Manufacturers in Western Europe |
Key Countries Analyzed while Studying Opportunities in Avocado Oil in Western Europe |
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Key Companies Profiled |
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Middle East and Africa Organic avocado oil market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
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The consumption of avocado oil in Japan is to rise at a CAGR of 5.4% through 2033. Japan avocado oil industry is poised to witness significant opportunities, with a US$ 29 million valuation in 2023.
Attributes | Details |
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Industry Size in 2023 | US$ 29 million |
Expected Industry Size by 2033 | US$ 50 million |
Forecasted CAGR between 2023 to 2033 | 5.4% |
Category-wise insights
Avocado Oil in Japan Based on Variety | Hass |
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Industry Share | 83.7% |
Avocado Oil in Japan Based on Product Type | Extra Virgin Oil |
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Industry Share | 47.0% |
Scope of the Report
Attribute | Details |
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Estimated Industry Size in 2023 | US$ 29 million |
Projected Industry Size by 2033 | US$ 50 million |
Anticipated CAGR between 2023 to 2033 | 5.4% CAGR |
Historical Analysis of Demand for Avocado Oil in Japan | 2018 to 2022 |
Demand Forecast for Avocado Oil in Japan | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing Avocado Oil adoption in Japan, Insights on Global Players and their Industry Strategy in Japan, Ecosystem Analysis of Japan Providers |
Key Countries Analyzed while Studying Opportunities in Avocado Oil in Japan |
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Key Companies Profiled |
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Europe Organic avocado oil market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
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The size and share of the market is categorized based on Type (Refined Avocado Oil, Extra Virgin Avocado Oil, Crude Avocado Oil) and Application (Food and Beverage Processing, Functional Food and Dietary Supplements, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 2.48(USD Billion) |
MARKET SIZE 2024 | 2.65(USD Billion) |
MARKET SIZE 2032 | 4.5(USD Billion) |
SEGMENTS COVERED | Application, Distribution Channel, Packaging Type, Form, Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | rising health consciousness, increasing demand for healthy fats, growth in culinary applications, expansion of organic food trends, supply chain complexities |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Avocado Oil Company, California Gold, Chosen Foods, Pompeian, Avohass, Kirkland, Bertolli, La Tourangelle, Fiddes Payne, Pura Vida, Tierra Nueva, Nutiva, Catania Spagna, Gaea, Kirkland Signature |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Rising health consciousness, Growing veganism trend, Expanding culinary applications, Increasing demand for natural products, Premium product positioning opportunities |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 6.86% (2025 - 2032) |
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The sales of avocado oil in Korea are likely to exhibit a CAGR of 5.1% through 2033. Avocado oil in Korea is poised to witness significant opportunities with a valuation of US$ 2.2 million in 2023. Cosmetics manufacturers across the country are increasingly seeking natural ingredients for their products.
Attributes | Details |
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Industry size of Korea in 2023 | US$ 2.2 million |
Expected Industry Size of Korea by 2033 | US$ 3.6 million |
Forecasted CAGR between 2023 to 2033 | 5.1% |
Category-wise insights
Korea Avocado Oil Industry Based on Product Type | Extra Virgin |
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Industry Share in 2023 | 47.6% |
Korea Avocado Oil Industry Based on Variety | Hass |
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Industry Share in 2023 | 81.5% |
Scope of Report
Attributes | Details |
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Estimated Industry Size in 2023 | US$ 2.2 million |
Projected Industry Valuation by 2033 | US$ 3.6 million |
Value-based CAGR 2023 to 2033 | 5.1% |
Historical Analysis of the Avocado Oil in Korea | 2018 to 2022 |
Demand Forecast for Avocado Oil in Korea | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing Avocado Oil in Korea Insights on Global Players and their Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers |
Key Cities Analyzed While Studying Opportunities in Avocado Oil in Korea |
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Key Companies Profiled |
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Extra Virgin Avocado Oil Market size is expected to develop revenue and exponential market growth at a remarkable CAGR during the forecast period from 2024-2032
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Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period
ATTRIBUTES | DETAILS |
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STUDY PERIOD | 2017-2030 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2025-2030 |
HISTORICAL PERIOD | 2017-2024 |
UNIT | VALUE (USD MILLION) |
KEY COMPANIES PROFILED | Sesajal, Proteco Oils, Cate de mi Corazón, Da Gama Avocado Oil, Yasin, Grupo Industrial Batellero, Ahuacatlan Avocado Oil, Olivado, Mt. Kenya Fresh Avocados, Village Press, Tron Hermanos, Avoolio, AvoPure, Westfalia |
SEGMENTS COVERED | By Product Type - Food Grade, Pharmaceutical Grade, Others By Application - Edible Oil, Cosmetics & Skin Care Products, Others By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa |
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The North America avocado processing market size was valued at USD 1,125 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,992.13 Million by 2033, exhibiting a CAGR of 6.23% from 2025-2033. The market is witnessing significant growth due to the escalating consumer demand for healthy and plant-based foods and advancements in processing technologies. Moreover, increasing emphasis on supply of avocados, the rise of clean-label and organic offerings, and expansion into non-traditional applications are expanding the market.
Report Attribute
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Key Statistics
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Base Year
| 2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1,125 Million |
Market Forecast in 2033 | USD 1,992.13 Million |
Market Growth Rate (2025-2033) | 6.23% |
As customers are becoming more health-conscious, there is a heightening shift towards plant-based and nutrient-rich foods. Avocados, known for their high content of antioxidants, healthy fats, and vitamins, are being increasingly incorporated into various products such as guacamole, avocado oil, and ready-to-eat meals. The shift towards plant-based diets, alongside a focus on heart health and overall wellness, is boosting the demand for avocado-based products, thereby fueling the growth of the avocado processing market in North America. For instance, as of 2025, Mexico is supplying 95%of avocados to the U.S., supporting the avocado processing market with a consistent, high-volume source for guacamole, oil, and other products.
Technological innovations in avocado processing have improved the efficiency and scalability of production, allowing for greater yield and longer shelf life of processed avocado products. The development of more efficient freezing, dehydration, and packaging technologies has made it easier to maintain the quality and freshness of avocado-based items, even in the off-season. For instance, in September 2024, Cahero MenOro enhanced avocado processing with a cutting-edge facility., The company remains committed to delivering high-quality avocado products through advanced packing and distribution. These advancements enable manufacturers to meet rising consumer demand while reducing waste and lowering costs, further boosting the market's growth potential.
Increasing Emphasis on Supply of Avocados
A significant trend in the North American avocado processing market is the increasing emphasis on the supply of high-quality avocados to meet growing consumer demand. As demand for premium avocado-based products rises, processors are focusing on sourcing top-tier avocados to ensure consistent quality, taste, and texture. For instance, in 2024, Index Fresh’s GEM season offered high-quality, gold-flecked avocados from California, available from April to mid-July. With over 5 million pounds expected, the peak production is anticipated in May. This trend is driving improvements in cultivation techniques, supply chain logistics, and sorting technologies to identify and deliver only the best fruit for processing. Additionally, the rising popularity of specialty varieties like GEM avocados further fuels this trend, providing retailers and food service providers with high-quality, versatile options for their product offerings.
Rise of Clean-Label and Organic Offerings
Consumers are paying increasing attention to the ingredients in the products they consume and are actively seeking clean-label and organic variants that correspond with their health-conscious ideologies; thus, the naturally nutrient-rich avocados fit perfectly into this trend. For instance, in 2024, The Hass Avocado Board report revealed a 2.3% increase in the unit sales and 19% increase in sales in dollars. Combined sales on Independence Day and Labor Day led to quantities of 92.4 million units and $122.5 million. In response, processors are also evolving by providing organic avocado-based products free of additives, preservatives, and artificial ingredients. This ingredient sourcing and production transparency trend is pushing the avocado processing industry towards sustainability and health-oriented practices with the purpose of creating products that meet the fast-growing demand for high-quality organic products.
Expansion into Non-Traditional Applications
While avocados have long been associated with guacamole and other Mexican-inspired dishes, their versatility is being recognized in a wider array of culinary uses. Avocado oil is gaining popularity in cooking and cosmetic products due to its health benefits and natural properties. For instance, in January 2025, Chosen Foods launched Chosen Beauty Avocado Oil Hair Serum, its first beauty product. Made with 100% pure avocado oil, it nourishes, repairs, and moisturizes dry, damaged, or color-treated hair, free from additives. Additionally, avocado is being incorporated into baked goods, smoothies, and even snacks, broadening its appeal to diverse consumer segments. As innovation continues, avocado processing companies are exploring new product formulations to tap into these emerging markets, driving further growth and diversification.
IMARC Group provides an analysis of the key trends in each segment of the North America avocado processing market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on product type and application.
Analysis by Product Type:
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Guacamole leads among all product types in processed avocado offerings, which has catered to retail and food service demand. Growing consumer demands for greater convenience in ready-to-eat and healthy foods means guacamole continues to dominate food processing because of its varied health benefits. They are fresh, frozen, or packaged to meet all uses - from home to restaurant application. It has also enjoyed considerable market growth due to innovations in its packaging and preservation that have made it last longer. Again, guacamole still leads in processed avocado products in North America, with rising customer demands for fresh consumption and improved distribution networks in avocado consumption market growth.
Analysis by Application:
Food and Beverages Applications are the largest application segment for avocado processing, as there are more and more consumers demanding nutritious, plant-based ingredients for such uses. Guacamole, avocado oil, and frozen avocado products are consumed in restaurants, packaged foods, and by the end-user at home. Increasing health and wellness diets, such as keto and vegan diets, would additionally increase consumption of avocados in smoothies, salads, dressings, and even baked products. Emerging technologies in processing food are also improving the durability and convenience of avocado products, making them even more prominent as the primary market growth driver in food and beverage categories.
Regional Analysis:
The United States is the largest market in consumption and import of avocados because of an increasing demand for avocado-based products in retail and food service establishments. In addition, good wholesaling and retailing distribution channels, a growing health-conscious population, and an increase in preference for plant nutrient-rich foods make it a dominant player in the
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The avocado oil market held a market worth of US$ 287.2 million in 2022, and it is anticipated that it will reach a market value of US$ 975 million by 2033, growing at a CAGR of 5.9% from 2023 to 2033.
Report Attribute | Details |
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Estimated Market Value (2022) | US$ 287.2 million |
Expected Market Value (2023) | US$ 324.5 million |
Projected Forecast Value (2033) | US$ 975 million |
Anticipated Growth Rate (2023 to 2033) | 5.9% |
Report Scope
Report Attribute | Details |
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Growth Rate | CAGR of 5.9% from 2022 to 2032 |
Market value in 2023 | US$ 324.5 million |
Market value in 2033 | US$ 975 million |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | US$ million for value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Companies Profiled |
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Customization & Pricing | Available upon Request |