Avocado Oil Market Size to Capture USD 1,315.84 Million by 2034

Avocado Oil Market Size, Innovations, and Trend Analysis

The global avocado oil market size is projected to grow from USD 686.32 million in 2025 to USD 1,315.84 million by 2034, reflecting a CAGR of 7.5% over the forecast period from 2025 to 2034.

Last Updated: 05 May 2025 Category: Plant-based Food & Beverages Insight Code: 5556 Format: PDF / PPT / Excel

The global avocado oil market size was estimated at USD 638.44 million in 2024 and is predicted to increase from USD 686.32 million in 2025 to approximately USD 1,315.84 million by 2034, expanding at a CAGR of 7.5% from 2025 to 2034. Rising demand for the healthy oils for health benefits and increasing haute cuisine demand prominently driving the market.

Avocado Oil Market Size 2025 to 2034

Key Highlights

  • By region, North America led the market in 2024. The North American avocado oil market is rising because of the spurring demand for healthy food items and awareness of healthy living.
  • By region, Asia Pacific is observed to grow at the fastest rate during the forecast period. The rise in trend of leading a healthy lifestyle among all age groups shifting to healthy and innovative approach have a positive impact on the industry.
  • By type, the pure/refined oil segment held the dominating share of the market in 2024. Refined avocado oil is free from contaminants and harmful substances and therefore is healthy for consumption.
  • By type, the extra virgin oil segment is seen to grow at a notable rate during the predicted timeframe. Extra virgin avocado oil is one of the best on a list of increasing wellness focused choices.
  • By application, the cosmetics and personal care products segment held the largest share of the avocado oil market in 2024. Avocado oil is increasingly gaining popularity as an ingredient in cosmetics.
  • By application, the food and beverage segment are expected to grow at the fastest rate in the market during the forecast period. There is growing acceptance of global food trends, particularly from Western and fusion cuisines that promote the demand for avocado oil.

Nutritional Perspective: Growing The Popularity of Avocado Oil

Avocado oil is regarded as a substitute and is popular in the food and health industries because of its rich nutritional content and numerous health benefits. The worldwide need for avocado oil continues to rise annually for multiple reasons, one being its status as a nutritious source of fats and antioxidants. Health-conscious consumers are pushing the avocado oil market to become increasingly competitive. The significant concentration of tocopherol in avocado oil has encouraged its incorporation as a key ingredient in cosmetic and medicinal products, such as emulsions. Avocado oils thus serve as an ideal option for transforming excess avocados, avocado pits, and avocado skins. Additionally, avocado oil was classified as a functional food because it contains compounds that may help prevent cardiovascular diseases, osteoporosis, cancer, and inflammation.

  • The growing trend of clean label and natural organic and cold pressed oil products increasing the demand for the organic avocado oil. Plant-based food gaining popularity nowadays which spurring the demand for the premium avocado oil.
  • Sustainable living and eco-consciousness among the consumers increasing the demand of the sustainably obtained avocado oil. Sustainable methods in avocado oil manufacturing are essential not just for minimizing environmental impact but also for fulfilling consumer demands and complying with regulations.
  • Fatty acid methyl esters (FAMEs) derived from avocado oil have been recognized as possible biodiesel fuels in numerous research investigations. The cetane numbers of methyl esters from avocado oil are notably high (59.2) because of the significant presence of methyl oleate. Methyl esters derived from avocado oil typically possess fuel characteristics comparable to those of methyl esters derived from other common vegetable oils increasing the demand for avocado oil.
  • The growing preference for recyclable oil packaging to uphold environmental sustainability is among the newest trends in the market. Innovations in packaging within the avocado oil sector are crucial for preserving the product's quality and freshness. With the avocado oil market's ongoing expansion, advancements in packaging will be essential for fostering growth and distinguishing brands from one another. Firms that focus on innovative packaging solutions, eco-friendly methods, and designs as per the consumer needs will be ideally placed to take advantage of the growing demand for premium avocado oil products.
  • For Instance, In May 2024, Neolea, a leader in contemporary Mediterranean offerings, plans to transform olive oil packaging by introducing its extra virgin olive oil in sustainable aluminum cans. The updated packaging incorporates the inventive ‘Fresh Cap,’ aimed at maintaining the olive oil’s quality, freshness, and taste.

Market Opportunity

Innovation Breakthrough in the Extraction Process Expanding the Market

The globe is pursuing advancements in the development of eco-friendly technologies to extract oils and precious substances from natural resources. The expansion of these technologies is evident, due to their benefits and monetary profits. Still, Alfa Laval has developed a completely novel technique for generating cold-pressed avocado oil suitable for premium food products. Supercritical fluid technology stands out for addressing major issues linked to traditional methods, offering an eco-friendly alternative that minimizes environmental impacts and health risks compared to other solvents. Researchers have developed a real-time one-class classification method that can detect contaminated edible oils—like avocado oil—without requiring pre-established models or prior information regarding contaminants.

Market Challenge

Price Volatility and Alternatives for Avocado Oil Hampering the Market

Yield of the avocado is largely dependant on the climate condition, disruption in climate conditions impact the yield of the avocado which further increases the cost of the avocado oil. Increased cost and raw materials price volatility challenging the market. The easy availability and reduced price of avocado oil alternatives, including sunflower oil and olive oil, are anticipated to hamper the avocado oil market expansion.

Regional Insights

North America dominated the avocado oil market in 2024.

The North American market is rising because of the spurring demand for healthy food items and awareness of healthy living. It is available in the market throughout the year makes it a staple in different sectors like cafes, restaurants, hotels, and even homemade foods. Clean label and organic trends along with high-end culinary and personal care usage make the region's dominance definitive, fostering the market growth.

Growing Avocado Oil Market in the United States

The rising prevalence of lifestyle diseases, growing health awareness, and the increasing popularity of a vegetarian diet are propelling the demand for avocado oil in the United States. Avocados are promoted as a nutritious food option and as a rich source of advantageous monounsaturated fat. A complete medium avocado has about 15 percent of the daily saturated fat recommendation from the FDA. Avocados also provide advantages for a diet suited for diabetics. As diabetes rises in the United States, avocados provide a healthy option for individuals adhering to a diabetic diet. The growing trend of pursuing a healthy lifestyle across all age groups, along with a move towards innovative practices, positively influences the industry. The rise in functional food items additionally impacts the growth of the market. These nutritional benefits of avocado expanding the avocado oil market.

  • Avocado Oil from the United States, there are 379 Avocado Oil suppliers in the country, selling to 286 international buyers. From November 2023 to October 2024, there were 109 active suppliers, with CHOSEN FOODS, PRICESMART INC, and SMART FINAL STORES LLC making up 51% of the total Avocado Oil exports from the United States.

Asia Pacific expected to grow at the fastest rate during the forecast period.

The rise in trend of leading a healthy lifestyle among all age groups shifting to healthy and innovative approach have a positive impact on the industry. This expansion is propelled by swift urban growth, higher disposable incomes, and greater awareness of health. Individuals in nations like China, Japan, South Korea, and India are embracing more nutritious eating habits.

Developing Avocado Oil Market of India

The India avocado oil market share is fostered by inclination towards the organic products and health awareness, and the rising skincare and beauty demand. Increasing market of avocado in India growing the demand for the avocado oil. The World Avocado Organization's initiative in India for 2024-25 integrates approaches in the print media, as well as social and digital platforms, featuring the involvement of well-known Indian chefs, physicians, and dieticians. The World Avocado Organization is optimistic that as avocados become integrated into traditional Indian dishes and various regional cuisines, numerous new consumption possibilities will emerge, further enhancing demand for avocado oil.

Segmental Insights

Type Insights

The pure/refined oil segment held the dominating share of the avocado oil market in 2024.

Refined avocado oil is free from contaminants and harmful substances and therefore is healthy for consumption. Refined avocado oil have benefits such as high edible value, improved quality of oil for cooking and extended storage time.

The extra virgin oil segment is seen to grow at a notable rate in the avocado oil market during the predicted timeframe. Extra virgin avocado oil is one of the best on a list of increasing wellness focused choices. The extra virgin avocado oil demand is boosting due to its nutrient density and adaptability.

Application Insights

The cosmetics and personal care products segment held the largest share of the avocado oil market in 2024.

Avocado oil is increasingly gaining popularity as an ingredient in cosmetics. This is a consequence of the increasing consumer interest in natural cosmetics and businesses seeking to incorporate exotic ingredients. Businesses incorporate avocado oil in products for anti-aging and post-sun care. Avocado oil is also present in hair care items, since it enhances scalp health and hydrates hair. Personal care formulators are incorporating avocado oil into their products because European consumers recognize it. Its green hue is linked to its natural and pure qualities. There is an increasing consumer demand for organic products. Past studies conducted by Ecovia Intelligence indicated that consumers are open to paying a higher price for these products.

The food and beverage segment are expected to grow at the fastest rate in the avocado oil market during the forecast period.

There is growing acceptance of global food trends, particularly from Western and fusion cuisines that promote the product for use in salad dressings, sautéing, and baking. The oil's elevated smoke point and subtle, buttery flavor render it ideal for international cuisines, appealing to both home cooks and professional chefs. Flavor innovation and enhancement in the avocado oil also increased the demand for the flavored avocado oil in food and beverage sector.

Recent Developments in the Avocado Oil Market

Primal Kitchen

  • Launch: In July 2024, Primal Kitchen has broadened its range with the introduction of a new avocado oil. Pure Organic Avocado Oil is verified by the non-GMO Project and certified USDA Organic, satisfying requirements for various dietary preferences, such as keto, paleo, and Whole30. Crafted from high-quality organic avocados cultivated in Mexico, it is perfect for roasting, baking, sautéing, and stir-frying, featuring a high smoke point of up to 500°F (260°C).

Fresh Del Monte Produce Inc.

  • Acquisition: In March 2025, Fresh Del Monte Produce Inc. announced its agreement to acquire Avolio, Uganda's top edible avocado oil and bulk crude provider. Through this agreement, the firm will obtain a controlling interest in Avolio, consistent with its plan to venture into valuable specialty ingredients. By acquiring Avolio, Fresh Del Monte can transform avocados into high-quality avocado oil, boosting commercial expansion in a crucial sector of the company’s strategic focus: Specialty Ingredients and Innovation.

ZimTrade and Navaco Global

  • Partnership: In March 2025, ZimTrade teamed up with Navaco Global, a local company focused on providing avocado oil, to promote projects that enhance the value of raw avocados. The initiative will have both parties collaborating to encourage efforts in transforming raw avocados into secondary products such as oil for both local and international markets.

Avocado Oil Market Leading Companies

  • Chosen Foods
  • La Tourangelle
  • Olivado
  • Ahuacatlan avocado oil
  • Grupo Industrial Batellero Sa De Cv
  • SESAJAL S.A. de C.V.
  • Spectrum organics
  • The Village Press
  • Bella Vado
  • Storino's Quality Products.
  • Aromex Industry
  • AOS Products Pvt. Ltd

Segments Covered in the Report 

By Type

  • Extra Virgin Oil
  • Virgin Oil
  • Pure/Refined Oil
  • Blend

By Application

  • Food and Beverages
  • Pharmaceuticals and Medicinal Formulations
  • Personal Care and Cosmetics
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)
  • Latin America
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Food & Beverages, specializes in market research, focusing on supply-demand evaluation, pricing analysis, alternative proteins, plant-based foods, and sustainable food technologies within the industry.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Food and Beverages market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards FnB's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

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