The Latin America, Middle East and Africa Extra Virgin Avocado Oil Market would witness market growth of 10.2% CAGR during the forecast period (2022-2028).
Extra virgin avocado oil is distinguished from other oils by its exceptionally high polyphenol content. These molecules function as antioxidants as well as protect cells from harmful inflammation and disease, such as atherosclerosis and cancer. Extra virgin avocado oil is richer in polyphenols than refined avocado oils, which lack antioxidants. Extra virgin avocado oil has high levels of the antioxidant vitamin E, which protects cells from damage caused by free radicals.
Vitamin E is frequently recommended to promote skin health and slow ageing. Lastly, a polishing separator removes any leftover impurities to produce its distinctive, emerald-green extra virgin olive oil. In contrast, corn, canola, soybean, seed, and vegetable oils must be extracted, refined, bleached, and deodorized using chemical processes. Due to its minimum processing, extra virgin avocado oil is essentially a fruit juice.
Compared to canola and corn oils, which contain 60% oleic acid, extra virgin avocado oil contains approximately 75% oleic acid. This monounsaturated fat aids in decreasing total blood cholesterol levels via lowering LDL (commonly referred to as "bad") cholesterol levels while maintaining and even boosting HDL (often referred to as "good") cholesterol levels. A diet abundant in monounsaturated fats, such as the ones found in extra virgin avocado oil, nuts, olives, and seeds, protects against numerous ailments.
Further, as the hospitality industry is thriving in the United Arab Emirates, and in Dubai in particular, hotels are anxious to spruce up their premises by adding quite a bit of a designer touch, that would distinguish them from the crowd of other hospitality providers. Because of the enormous number of tourists, the number of businesses catering to tourists as well as the entire services sector, including a variety of forms of entertainment, shopping, restaurants, and more, is expanding continuously. The demand for extra virgin avocado oil would rise from the hospitality market for use as a cooking oil.
The Brazil market dominated the LAMEA Extra Virgin Avocado Oil Market by Country in 2021; thereby, achieving a market value of $12.5 million by 2028. The Argentina market is registering a CAGR of 10.8% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 9.9% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Store, and Online Store. Based on Application, the market is segmented into Food & Beverages and Cosmetics. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Extra Virgin Avocado Oil Market is Predict to reach $539.9 Million by 2028, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aceitera Mevi México SA de CV, Aconcagua Oil & Extract S.A., Avocado Oil New Zealand Ltd. (Grove Avocado Oil), Bella Vado, Inc., Olivado Ltd. and Westfalia Fruit (Pty) Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Store
- Online Store
By Application
- Food & Beverages
- Cosmetics
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Aceitera Mevi México SA de CV
- Aconcagua Oil & Extract S.A.
- Avocado Oil New Zealand Ltd. (Grove Avocado Oil)
- Bella Vado, Inc.
- Olivado Ltd.
- Westfalia Fruit (Pty) Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Extra Virgin Avocado Oil Market, by Distribution Channel
1.4.2 LAMEA Extra Virgin Avocado Oil Market, by Application
1.4.3 LAMEA Extra Virgin Avocado Oil Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Extra Virgin Avocado Oil Market by Distribution Channel
3.1 LAMEA Supermarkets/Hypermarkets Market by Country
3.2 LAMEA Convenience Store Market by Country
3.3 LAMEA Online Store Market by Country
Chapter 4. LAMEA Extra Virgin Avocado Oil Market by Application
4.1 LAMEA Food & Beverages Market by Country
4.2 LAMEA Cosmetics Market by Country
Chapter 5. LAMEA Extra Virgin Avocado Oil Market by Country
5.1 Brazil Extra Virgin Avocado Oil Market
5.1.1 Brazil Extra Virgin Avocado Oil Market by Distribution Channel
5.1.2 Brazil Extra Virgin Avocado Oil Market by Application
5.2 Argentina Extra Virgin Avocado Oil Market
5.2.1 Argentina Extra Virgin Avocado Oil Market by Distribution Channel
5.2.2 Argentina Extra Virgin Avocado Oil Market by Application
5.3 UAE Extra Virgin Avocado Oil Market
5.3.1 UAE Extra Virgin Avocado Oil Market by Distribution Channel
5.3.2 UAE Extra Virgin Avocado Oil Market by Application
5.4 Saudi Arabia Extra Virgin Avocado Oil Market
5.4.1 Saudi Arabia Extra Virgin Avocado Oil Market by Distribution Channel
5.4.2 Saudi Arabia Extra Virgin Avocado Oil Market by Application
5.5 South Africa Extra Virgin Avocado Oil Market
5.5.1 South Africa Extra Virgin Avocado Oil Market by Distribution Channel
5.5.2 South Africa Extra Virgin Avocado Oil Market by Application
5.6 Nigeria Extra Virgin Avocado Oil Market
5.6.1 Nigeria Extra Virgin Avocado Oil Market by Distribution Channel
5.6.2 Nigeria Extra Virgin Avocado Oil Market by Application
5.7 Rest of LAMEA Extra Virgin Avocado Oil Market
5.7.1 Rest of LAMEA Extra Virgin Avocado Oil Market by Distribution Channel
5.7.2 Rest of LAMEA Extra Virgin Avocado Oil Market by Application
Chapter 6. Company Profiles
6.1 ACEITERA MEVI MÉXICO SA DE CV
6.1.1 Company Overview
6.2 Aconcagua Oil & Extract S.A.
6.2.1 Company Overview
6.3 Avocado Oil New Zealand Ltd. (Grove Avocado Oil)
6.3.1 Company Overview
6.4 Bella Vado, Inc.
6.4.1 Company Overview
6.5 Olivado Ltd.
6.5.1 Company Overview
6.6 Westfalia Fruit (Pty) Ltd.
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Acquisition and Mergers:
TABLE 1 LAMEA Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 LAMEA Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 LAMEA Supermarkets/Hypermarkets Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Supermarkets/Hypermarkets Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Convenience Store Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Convenience Store Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Online Store Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Online Store Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 12 LAMEA Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 13 LAMEA Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Cosmetics Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Cosmetics Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Extra Virgin Avocado Oil Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Extra Virgin Avocado Oil Market by Country, 2022 - 2028, USD Million
TABLE 19 Brazil Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 20 Brazil Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 21 Brazil Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 22 Brazil Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 23 Brazil Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 24 Brazil Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 25 Argentina Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 26 Argentina Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 27 Argentina Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 Argentina Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 Argentina Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 30 Argentina Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 31 UAE Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 32 UAE Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 33 UAE Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 UAE Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 UAE Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 36 UAE Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 37 Saudi Arabia Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 38 Saudi Arabia Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 39 Saudi Arabia Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 Saudi Arabia Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Saudi Arabia Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 42 Saudi Arabia Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 43 South Africa Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 44 South Africa Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 45 South Africa Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 South Africa Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 South Africa Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 48 South Africa Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 49 Nigeria Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 50 Nigeria Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 51 Nigeria Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Nigeria Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Nigeria Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 54 Nigeria Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 55 Rest of LAMEA Extra Virgin Avocado Oil Market, 2018 - 2021, USD Million
TABLE 56 Rest of LAMEA Extra Virgin Avocado Oil Market, 2022 - 2028, USD Million
TABLE 57 Rest of LAMEA Extra Virgin Avocado Oil Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 58 Rest of LAMEA Extra Virgin Avocado Oil Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 59 Rest of LAMEA Extra Virgin Avocado Oil Market by Application, 2018 - 2021, USD Million
TABLE 60 Rest of LAMEA Extra Virgin Avocado Oil Market by Application, 2022 - 2028, USD Million
TABLE 61 Key Information – ACEITERA MEVI MÉXICO SA DE CV
TABLE 62 Key Information – Aconcagua Oil & Extract S.A.
TABLE 63 Key Information – Avocado Oil New Zealand Ltd.
TABLE 64 Key Information – Bella Vado, Inc.
TABLE 65 Key Information – Olivado Ltd.
TABLE 66 Key Information – Westfalia Fruit (Pty) Ltd.
List of Figures
FIG 1 Methodology for the research