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Avocado oil has quickly become one of the most sought-after ingredients in the global market, owing to its numerous health benefits and versatile uses. This nutrient-rich oil, extracted from the flesh of avocados, is gaining popularity in various industries, including culinary, cosmetics, and pharmaceuticals. Let's delve deeper into the reasons behind the avocado oil market's rise and its potential for future growth.
The global avocado oil market is estimated to be valued at USD 665.9 Mn in 2...
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Maximize Market Research Unveils Comprehensive Global Avocado Oil Market Report
Market Overview
The global avocado oil market is flourishing, reaching a value of USD 619.11 million in 2023. This promising trend is expected to continue, with a projected CAGR (Compound Annual Growth Rate) of 5.81% from 2024 to 2030, leading the market to reach nearly USD 919.30 million.
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The Global Avocado Oil Market Growth Accelerated By Increased Demand From Health-Conscious Consumers
Avocado oil is extracted from the fruit of Persea Americana tree. It has a high smoke point which makes it suitable for cooking purposes. It is nutrient-dense and contains monounsaturated fatty acids which are beneficial for heart health. The growing health and wellness trend has increased the demand for avocado oil among consumers.
The global avocado oil market is estimated to be valued at US$ 1660.15 Mn in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030,...
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