However, one of the key challenges limiting the growth of the Avocado Oil Market is the presence of alternatives to avocado oil which are becoming more common, and avocado oil is becoming more expensive.
Avocado Oil Market Size Estimated to Reach $1.2 Billion by 2025 Increase in the Applications of Avocado Oil in Pharmaceuticals and Food Industries Are the Factors That Are Set to Drive the Growth of the Global Market for the Forecast Period 2020-2025.
BriefingWire.com, 12/29/2020 - Avocado Oil Market size is estimated to reach $1.2 Bn by 2025, growing at a CAGR of 6.5% during the forecast period 2020-2025. Avocado Oil is an edible oil, which is obtained from extraction of the pulp and seed of the fruit (Persea Americana). It is used as an additional ingredient in different dishes and as substitute of cooking oil. Increase in the health consciousness among individuals, awareness about the nutritional benefits of avocado oil, changing customer preferences, and increase in the applications of avocado oil in pharmaceuticals and food industries are the factors that are set to drive the growth of the global market for the forecast period 2020-2025.