Industry: Food and Beverages
Published Date: March-2025
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 207
Report ID: PMRREP16912
The Global Avocado Oil Market is expected to grow from US$659.5 in 2025 to 1,135.2 in 2032, at a substantial CAGR of 8.1% from 2025 to 2032.
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Avocado Oil Market Size (2025) |
US$ 659.5 Million |
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Projected Market Value (2032) |
US$ 1,135.2 Million |
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Global Market Growth Rate (2025-2032) |
8.1% CAGR |
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Market Share of Top 5 Countries |
60.0% |
According to Persistence Market Research analysis, avocado (Persea americana) is a tropical fruit, mainly native to South America, which is now widely cultivated in other tropical and few Mediterranean regions of the world as the demand rises. This fruit contains 5-30% oil, depending upon the species/variety, and it is extracted by the cold-pressing method or by solvent extraction. Hass and Fuerte are the most commonly used varieties for the extraction of avocado oil. Other avocado varieties include Reed, Bacon, and other regional varieties.
The global market recorded a historic CAGR of 5.0% in 2019 to 2024.
The global avocado oil market has witnessed steady growth over the past decade, driven by increasing consumer awareness of its nutritional benefits and expanding applications across food, cosmetics, and pharmaceuticals. Historically, the market was relatively niche, with demand primarily concentrated in regions where avocados were traditionally cultivated, such as Mexico and parts of South America. However, with the rise of health-conscious consumers, particularly in North America and Europe, avocado oil has gained mainstream acceptance as a premium, heart-healthy alternative to conventional cooking oils.
From 2019 to 2024, the market experienced a significant boost due to growing research highlighting avocado oil’s high monounsaturated fat content, which supports cardiovascular health. The increasing popularity of ketogenic and Mediterranean diets further accelerated its adoption. Additionally, the beauty and personal care industries recognized avocado oil’s hydrating and anti-aging properties, leading to its incorporation into skincare formulations.
Looking ahead, the forecast for the avocado oil market remains promising. By 2032, the market is expected to expand, supported by rising consumer demand for clean-label and organic products. Innovations in cold-pressed extraction techniques will likely enhance avocado oil's nutritional value and shelf life, further driving its market penetration.
“Anti-Inflammatory Properties for Medical Use”
Avocado oil’s anti-inflammatory properties have gained significant attention in the medical and wellness sectors, leading to its incorporation into specialized formulations for arthritis relief and inflammatory bowel disease (IBD) management. Rich in monounsaturated fats, phytosterols, and antioxidants like vitamin E, avocado oil has been shown to reduce systemic inflammation, which is a key contributor to chronic conditions such as rheumatoid arthritis and osteoarthritis. Research indicates that its bioactive compounds, particularly persin and carotenoids, help modulate immune responses and decrease oxidative stress, thereby alleviating joint stiffness and pain.
In the field of gastrointestinal health, avocado oil is emerging as a natural adjunct therapy for IBD, including Crohn’s disease and ulcerative colitis. Its high content of oleic acid and polyhydroxylated fatty alcohols (PFAs) supports gut barrier function, reducing intestinal inflammation and promoting better nutrient absorption. Some nutraceutical brands are incorporating avocado oil into enteral nutrition formulas and specialized anti-inflammatory diets aimed at improving gut health and reducing flare-ups.
“Expanding Role in Nutraceuticals”
Avocado oil is gaining traction in the nutraceutical industry due to its rich profile of monounsaturated fats, vitamin E, and lutein, all of which contribute to cognitive health and brain function. With the growing demand for natural brain-boosting supplements, manufacturers are increasingly incorporating avocado oil into memory-enhancing formulations aimed at reducing cognitive decline and supporting long-term neurological well-being. Research suggests that the high oleic acid content in avocado oil helps maintain healthy blood flow to the brain, reducing the risk of neurodegenerative diseases such as Alzheimer’s and Parkinson’s. Additionally, its anti-inflammatory properties may counteract oxidative stress, a major contributor to age-related cognitive impairment.
Beyond cognitive health, avocado oil is being utilized in nutraceutical products targeting cardiovascular support, joint health, and immune function.
“Unstable Global Pricing Due to Seasonal Variability”
The global avocado oil market faces significant pricing instability due to the seasonal nature of avocado harvesting. Unlike conventional oilseeds such as soybeans or canola, which have well-established supply chains and storage methods, avocados have a limited growing season and are highly perishable. This seasonal variability leads to fluctuations in raw material availability, directly impacting production costs and retail pricing. During peak harvest periods, avocado supply surges, causing temporary price drops. However, in off-seasons, shortages drive up costs, making it difficult for manufacturers to maintain stable pricing strategies.
Moreover, avocado production is highly dependent on climate conditions, and unexpected weather patterns such as droughts or excessive rainfall can disrupt yields. This unpredictability is especially problematic in major producing countries like Mexico, Peru, and Chile, where extreme weather events have increasingly affected harvest volumes. Additionally, since avocados are also in high demand for fresh consumption, price competition between food retailers and oil manufacturers further exacerbates cost volatility.
“Alternatives to Avocado Oil Hampering Adoption”
Competitive products for avocado oil are chia seed oil, olive oil, hemp oil, and other alternative oils that are produced from healthy sources. These oils carry unique benefits of their own, and most of them are cheaper to produce as they are produced from industrial by-products, unlike avocado oil, which is produced from fruit flesh, resulting in higher costs. This is expected to challenge the avocado oil market over the forecast period since consumers have a number of alternative cheaper products easily available on retail shelves.
There has been an upsurge in the popularity of Mexican and Pan-Latin flavors, making them part of mainstream culinary culture. As a country’s food culture is highly influenced by its neighbors, nearly 73% of U.S. consumers use Mexican food and ingredients. Avocado oil has been one of the preferred ingredients in Mexican and Hispanic food items.
Why is the Mexico Market Booming?
The avocado oil market is booming in Mexico due to abundant avocado production, increasing global demand for healthy oils, and advancements in processing technologies. As the world’s largest producer of avocados, Mexico benefits from optimal climatic conditions, fertile soil, and a well-established supply chain, ensuring a consistent and high-quality raw material supply. The country’s dominance in avocado farming, particularly in Michoacán and Jalisco, has positioned it as the leading supplier of avocado oil to international markets.
One of the primary drivers of this growth is the rising global demand for nutrient-rich and heart-healthy oils. With consumers shifting towards healthier diets, avocado oil is increasingly sought after for its high monounsaturated fat content, antioxidant properties, and versatility in culinary and cosmetic applications. The growing popularity of plant-based diets and clean-label products has further accelerated its adoption.
Which Country is the Largest Importer of Avocado Oil?
The United States is the largest importer of avocado oil due to a combination of rising health-conscious consumer preferences, the popularity of plant-based diets, and the widespread use of avocado oil in both food and non-food industries. American consumers are increasingly shifting away from conventional cooking oils like vegetable and canola oil, opting for healthier alternatives rich in monounsaturated fats, such as avocado oil. This demand surge is driven by the growing awareness of avocado oil’s cardiovascular benefits, high antioxidant content, and anti-inflammatory properties, making it a preferred choice for cooking, salad dressings, and even frying due to its high smoke point.
The rapid adoption of keto, paleo, and Mediterranean diets in the U.S. has further boosted avocado oil imports. These diets emphasize healthy fats, making avocado oil a staple among health-conscious individuals. Additionally, food manufacturers have recognized this trend and expanded their product offerings to include avocado oil-based mayonnaise, snacks, sauces, and dressings, further increasing demand.
Which Product is Driving Growth of the Global Market?
“Superior Quality and Health Benefits”
Extra virgin avocado oil is leading the market due to its superior quality, high nutritional value, and growing consumer preference for unrefined, chemical-free products. Extracted through cold-pressing, this oil retains its natural antioxidants, vitamins (E & K), and monounsaturated fats, making it highly sought after for both culinary and skincare applications. Unlike refined avocado oil, which undergoes heat processing, extra virgin avocado oil preserves its vibrant green color, mild buttery flavor, and essential phytonutrients, aligning with the clean-label and organic food movement.
Which Application is Driving Growth of the Global Market?
“Superiority of Hass Avocados in Avocado Oil Extraction”
The Hass avocado variety's dominance in the avocado oil market is driven by its superior oil content, rich nutrient profile, and widespread consumer preference. The oil derived from Hass avocados has a well-balanced fatty acid composition, with a high percentage of heart-healthy monounsaturated fats and a mild, buttery flavor, making it ideal for culinary, cosmetic, and pharmaceutical applications.
Another key factor is the global cultivation of Hass avocados, particularly in major producing countries like Mexico, the U.S. (California), and Peru, ensuring a consistent supply for oil manufacturers. The popularity of Hass avocados among consumers has also contributed to the growth of the market, as familiarity with the variety drives demand for its oil. Furthermore, Hass avocados have a thicker skin, which protects the fruit from pests and environmental damage, resulting in better yields and lower production losses. This combination of high oil yield, strong consumer demand, and efficient agricultural production has positioned Hass avocado oil as the leading choice in the market, driving its dominance in the industry.
The avocado oil market is highly competitive, with key players vying for market share through product innovation, quality enhancements, and strategic expansions. Leading companies such as Olivado, Chosen Foods, La Tourangelle, and Avohass dominate the landscape, leveraging strong sourcing networks and advanced extraction technologies. The competition is intensifying due to the rising demand for premium, cold-pressed, and organic avocado oils, driving companies to differentiate through sustainability initiatives and transparency in sourcing.
For instance:
Similarly, the team at Persistence Market Research has tracked recent developments related to companies manufacturing avocado oil, which are available in the full report.
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Details |
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Forecast Period |
2025-2032 |
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Historical Data Available for |
2019-2024 |
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Market Analysis |
US$ Mn for Value, Volume (Tons) |
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Key Regions Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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The global avocado oil market is projected to reach US$ 1,135.2 million by 2032, growing at a CAGR of 8.1% from 2025.
Extra-virgin avocado oil is driving growth due to its high nutritional value and clean-label appeal.
Mexico leads production thanks to favorable growing conditions and a strong avocado farming industry.
The United States imports the most, fueled by demand for healthy cooking oils and plant-based diets.
Leading brands include Olivado, Chosen Foods, La Tourangelle, and Avohass, known for premium and organic products.
