About Avocado Oil, Its Market Demand and Other Aspects

This blog aims at providing detailed information about Avocado Oil, including its classification, manufacturing process, its industrial usages, price trends, and important players in the market.

Avocado Oil: Definition

The pulp of the avocado fruit is utilised to obtain avocado oil via various processes. It is commonly known to be an appetising oil required for a high level of heat cooking, dressings for salads, and a variety of dips. Nearly 70 per cent of avocado oil contains healthful oleic acid called monounsaturated omega-9 fatty acid, which is good for the heart. The two crucial forms of avocado oil are virgin oil and refined oil.

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As avocado oil is commonly derived in lesser volumes than other vegetable oils, it is put under the list of the costliest cooking oils; therefore, most consumers prefer it to be used as a finishing oil and not for direct cooking. This, in turn, affects the avocado oil price trend globally. In addition, avocado oil typically has a fair shelf life, specifically its refined form. Hence it is not required to be put under refrigeration.

Avocado Oil Production Process

Avocado oil is obtained from ripe avocados through a mechanical extraction process, which is quite similar to the olive oil extraction process. However, the avocado oil extraction process has an added step of cutting off the skin and seed or stone from the fruit. Thereafter, the pulp is ground to form a paste and then kneaded or pounded for 40 to 60 minutes at about 45 to 50°C.

Although this is a greater pounding temperature than the one used during olive oil extraction, it is yet considered as cold-pressed extraction process used for avocado oil. A fairly elevated temperature helps in the extraction of oil from the oil consisting of cells and this do not impact the oil quality. By utilising high-speed of transferring through a separator or a sieve to split oil and water parts and subsequently the oil is split from the water in the final cleaning filtration stage.

Industrial Uses of Avocado Oil

Avocado oil continues to be in demand in most of the industries, especially in the food, pharmaceutical, and cosmetic industries. This oil is also creating surging attention in various other sections, inclusive of constructed lipids, nanotechnology, and environmental protection.

The increase in demand from various sectors is resulting in the distension of avocado oil prices in the international market. Additionally, there is a persistent demand, at the industrial level, to produce nutritious food which helps in maintaining their nutritive properties over a period along with the advanced technological results that are environmentally friendly.

Owing to the high-level demand for avocado oil production that is predominantly traded for direct usages because of its remarkable contribution of fatty acids, vitamins, antioxidants, along with other compounds is resulting in the avocado oil production cost move northward.

Moreover, the other noteworthy technological usage of avocado oil is in the creation of constructed lipids. This is generally due to the rising interest in low calorie eating habits. Lastly, avocado oil is also being utilised in the manufacturing of biodegradable polymers.

Avocado Oil Prices: Market Trend and Forecast

North America

North American avocado oil market is dominated by the United States with Canada and Mexico following the league. The avocado oil producer’s movement in the United States is very strong and active.

Due to the rising consumption in North America and the product’s popularity around the world, avocado oil today is a well-known vegetable oil. In addition, North America’s dominance in the market is credited to the increasing interest about the product amongst the customers and its growing usages owing to the avocado oil’s nutritive and technological traits.

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Therefore, the rising attention towards healthy living and increasing interest in the varied factors with specific attention towards fat which is corelated to numerous health conditions like obesity and diabetes, are some of the reasons which may help the development of the avocado oil market in North America.

Additionally, important market players like Spectrum Organics Products, La Tourangelle, Inc., and Olivado USA, functioning in the market are consistently aiming to increase their product portfolio.

Asia Pacific

Owing to the increasing popularity of avocado oil in China, Japan, and other countries, Asia Pacific is projected to expand at the highest CAGR in the new future. China has begun large-scale sowing of avocado in Guangdong, Yunnan, and Fujjan provinces in the present times.

As per the government of China, in the upcoming years, China will raise its manufacturing capability of avocado oil because of the easy accessibility of raw materials. Additionally, the increasing demand for the product from Japan, Malaysia, and other Asian countries and the wide availability of avocado oil in the online and offline distribution channels are anticipated to propel the market in Asia Pacific.

Europe

It is expected that because of the increasing demand for avocado oil from the food, cosmetics, and personal care industries, the avocado oil market in Europe will expand at a substantial rate.

This is primarily owing to the technological advancement, innovation, and introduction of new products, and increasing awareness amongst the consumers based on the nutritive benefits of the product are projected to affect the positive development of the European market.

The flaws in olive oil like  disagreeable odour and taste in the olive oil cooked food, generally makes consumers choose other healthier and tasty oils, like avocado oil, which is another important driver for the development of the avocado oil market in Europe. Furthermore, shifts in the consumer purchasing preferences, for instance choosing fresh and healthy products, also prove to be a prominent factor that is propelling the demand for avocado oil in Europe.

Key Industry Players

• Sesajal S.A. de C.V
• Bella Vado, Inc
• Chosen foods LLC.
• Grupo Industrial Battellero S.A. de C.V

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