The Europe Extra Virgin Avocado Oil Market should witness market growth of 4.0% CAGR during the forecast period (2022-2028).
The avocado's remarkable flavor is likely the reason for its worldwide popularity. As a result of its buttery flavor, it can be used in practically any recipe, and studies have revealed a variety of health benefits, including aiding in the battle against diabetes and decreasing blood pressure. When it is used in cooking, avocado oil is the most essential ingredient.
It is ideal for roasting as well as mild heating in a frying pan and can be drizzled over salads as well as vegetables. Extra Virgin avocado oil suggests that only premium, undamaged, absolutely ripe avocados may be utilized. Without the use of heat, chemicals, or solvents, the original fatty acid profile is preserved, including heart-healthy monounsaturated fats.
Extra virgin avocado oil is ideal for roasting, grilling, and frying at temperatures up to 400 degrees Fahrenheit. It is a nice accompaniment to salad dressings, dips, sauces, and marinades due to its buttery flavor. International regulations stipulate that extra virgin avocado oil must meet both chemical and sensory standards.
Avocados are prized for their many culinary uses in addition to being a distinctive and nutritious food (also known as an oleaginous fruit or a fruit that contains oil). Consumers in Europe are becoming more health conscious and paying more attention to the foods they eat as a result of this awareness. Because of its healthy fats, fiber, vitamins, and minerals, avocado is ideally suited to participate in this movement. In addition to this, it caters to niche consumer groups including vegans, vegetarians, and flexitarians who prefer to consume foods derived from plants. The promotion of avocados incorporates all of these different aspects, which all contribute to the rising consumption of avocados across Europe.
The Germany market dominated the Europe Extra Virgin Avocado Oil Market by Country in 2021; thereby, achieving a market value of $35.1 million by 2028. The UK market is exhibiting a CAGR of 3.1% during (2022-2028). Additionally, The France market would experience a CAGR of 4.8% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Store
- Online Store
By Application
- Food & Beverages
- Cosmetics
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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.
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Table of Contents
Companies Mentioned
- 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.
Methodology
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