Global Avocado Oil Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Avocado Oil industry revenue is expected to be around $1.5 billion in 2025 and expected to showcase growth with 8.4% CAGR between 2025 and 2034. The reasons behind the rise in popularity of oil are diverse and numerous; a growing understanding among consumers of its health benefits; higher demand in the beauty and personal care industries; and its widespread use in cooking due to its taste and nutritional value are key factors driving this market trend upwards. Moreover oils expanding presence in the pharmaceutical sector as a natural therapeutic ingredient in various medicinal products contributes to its ongoing importance, in the market.
Known for its abundance of heart monounsaturated fats and packed with essential fatty acids and antioxidants along with beneficial plant compounds; avocado oil has gained widespread popularity in various areas of interest recently. With its smoke point making it a top choice in the culinary world leading to innovative cooking techniques being adopted. Additionally; industries focusing on skincare and hair care are embracing the moisturizing and shielding properties of oil more and more; resulting in a shift, towards new product formulations and consumer preferences as well.
Market Key Insights
The Avocado Oil market is projected to grow from $1.4 billion in 2024 to $3.1 billion in 2034. This represents a CAGR of 8.4%, reflecting rising demand across Cosmetic, Culinary Uses, and Health Supplements.
Chosen Foods, Sesajal SA de CV, and Ahuacatlan Avocado Oil are among the leading players in this market, shaping its competitive landscape.
U.S. and Mexico are the top markets within the Avocado Oil market and are expected to observe the growth CAGR of 6.1% to 8.8% between 2024 and 2030.
Emerging markets including Malaysia, Chile and South Korea are expected to observe highest growth with CAGR ranging between 8.1% to 10.5%.
Transition like The Shift Towards Natural Beauty Products is expected to add $219 million to the Avocado Oil market growth by 2030
.The Avocado Oil market is set to add $1.7 billion between 2024 and 2034, with manufacturer targeting Food & Beverages & Pharmaceuticals Application projected to gain a larger market share.
With
health consciousness fuels demand, and
Skincareindustry'sNew Best Friend, Avocado Oil market to expand 124% between 2024 and 2034.
Opportunities in the Avocado Oil
Growth Opportunities in North America and Asia-Pacific
Market Dynamics and Supply Chain
Driver: Health Consciousness Fuels Demand, and Culinary Innovations Boosting Popularity
Restraint: High Production Costs
Opportunity: Leveraging the Health and Wellness Trend and Technological Advancements in Avocado Oil Processing
Challenge: Negative Perceptions of Fats in Diet
Supply Chain Landscape
Cultivation
Oil Extraction
Refining & Packaging
Distribution & Retail
Cultivation
Oil Extraction
Refining & Packaging
Distribution & Retail
Applications of Avocado Oil in Cosmetic, Culinary Uses & Health Supplements
Recent Developments
The Avocado oil industry has seen progress lately showing a fast paced evolution and notable shifts in market trends and conditions due to rising demand for healthier cooking oil options and the impressive health benefits of Avocado oil itself. Many businesses in the market are expanding their production capabilities to keep up with the increasing popularity of this oil. A noteworthy development, in the industry.