Avocado Oil Market Size, Share | Industry Forecast to 2033

Avocado Oil Market Overview

The Avocado Oil Market size was valued at USD 230.4 million in 2024 and is expected to reach USD 387.86 million by 2033, growing at a CAGR of 5.9% from 2025 to 2033.

The avocado oil market is witnessing robust growth due to the increasing global demand for healthy, plant-based cooking oils. As of 2024, global avocado production reached over 9.5 million metric tons, with nearly 18% directed toward oil extraction. Mexico is the largest producer, contributing approximately 2.5 million metric tons annually, accounting for nearly 26% of global output. In 2023, over 320,000 metric tons of avocados were processed into oil worldwide.

Avocado oil is categorized as edible and cosmetic grade. Extra virgin avocado oil has captured nearly 60% of consumer preference in the culinary segment. The food industry accounted for more than 55% of the total avocado oil demand globally in 2024, supported by a growing awareness of the oil’s high monounsaturated fat content—comprising 70% of its lipid profile—and its smoke point of 271°C, ideal for high-temperature cooking.

In the cosmetic sector, avocado oil is included in more than 9,500 skincare and haircare products globally as of 2023, with growth driven by consumer preference for natural and organic ingredients. The U.S. market alone imports over 1,800 metric tons of avocado oil annually, representing a 22% increase compared to 2021 figures.

Key Findings

DRIVER: Rising demand for clean-label, cholesterol-free edible oils in health-conscious consumer segments.

COUNTRY/REGION: North America dominates the avocado oil market, with the U.S. accounting for over 32% of global consumption.

SEGMENT: Extra Virgin Avocado Oil leads with more than 58% market share in volume across all product types.

Avocado Oil Market Trends

Health-driven trends have led to a significant spike in avocado oil consumption, particularly in countries with rising incidences of cardiovascular diseases. In 2024, over 42% of consumers in the U.S. reported switching from conventional oils to plant-based alternatives like avocado oil. This shift is prominent in urban centers, where approximately 68% of health-conscious households use avocado oil for daily cooking. In Europe, nearly 12% of newly launched food products in 2023 listed avocado oil as an ingredient, particularly in salad dressings, baked snacks, and dips. Germany, France, and the UK collectively consumed over 5,400 metric tons of avocado oil in 2023. The cosmetics sector is also rapidly expanding, with 23% year-on-year increase in new product launches that feature avocado oil as a key ingredient. Over 65% of organic skincare brands in Japan now incorporate avocado oil due to its high oleic acid and vitamin E content. Packaging innovations are also influencing market trends. In 2023, 40% of avocado oil brands introduced UV-protected glass bottles to maintain oil integrity, particularly for export to Asia-Pacific, where temperature fluctuations affect product stability.

Digital sales platforms play a crucial role. Online avocado oil sales accounted for 38% of total sales in 2024, with subscription models increasing consumer retention by 21%. The rise of e-commerce, especially in Asia-Pacific, is pushing brands to diversify their product sizes, with 250 ml bottles becoming the most popular variant in the segment.

Avocado Oil Market Dynamics

The dynamics of the avocado oil market are shaped by a range of interrelated factors, including shifting consumer preferences, technological advancements in oil extraction, price volatility of raw materials, and evolving regulatory landscapes across the food and cosmetics industries. As of 2024, consumer demand for clean-label, non-GMO, and plant-based oils has significantly increased, influencing both the edible and cosmetic oil markets.

DRIVER

Rising demand for plant-based, cholesterol-free edible oils

Health awareness is the primary catalyst for avocado oil demand globally. The World Health Organization estimates that 17.9 million people die each year due to cardiovascular diseases, prompting dietary shifts toward monounsaturated fats. Avocado oil contains approximately 70% oleic acid, known to reduce bad cholesterol. Furthermore, consumers are increasingly seeking oils free from trans fats and chemical processing. In 2023, more than 6.7 million households in the U.S. adopted avocado oil in place of traditional vegetable oils. Demand from the fitness and wellness sectors also drives market growth, with avocado oil being promoted by over 3,500 health influencers worldwide on digital platforms.

RESTRAINT

High cost of production and raw material variability

Production costs for avocado oil remain significantly high due to labor-intensive harvesting and the low oil yield per fruit. On average, 10 to 12 kilograms of avocados are required to produce just 1 liter of oil. Global prices of avocados increased by 18% in 2023 due to adverse weather conditions in Latin America, affecting oil production volumes. This cost volatility restricts mass adoption, especially in emerging economies. Additionally, the supply chain is often hampered by perishability; fresh avocados have a post-harvest shelf life of less than 10 days, which limits sourcing reliability for processors.

OPPORTUNITY

Increasing penetration in personal care product formulations

Avocado oil's high concentration of vitamins A, D, and E makes it a preferred ingredient in premium personal care products. As of 2024, over 9,500 beauty SKUs globally incorporate avocado oil. The anti-inflammatory properties of linoleic acid, found in concentrations of 10–15% in avocado oil, make it ideal for skincare aimed at acne and sensitive skin types. Growth in the organic cosmetic sector, valued at over 11,000 product lines globally, opens new doors for avocado oil-based creams, serums, and lotions. India and Brazil are emerging markets, with a 27% rise in natural skincare imports from 2022 to 2024.

CHALLENGE

Limited shelf stability and oxidation sensitivity

Despite its numerous advantages, avocado oil is susceptible to oxidation due to its natural composition. Exposure to light and oxygen leads to rancidity within six months under standard storage. As of 2024, less than 40% of manufacturers employ nitrogen-flushed packaging or UV-blocking containers, resulting in high return rates from retailers. Additionally, improper cold-pressing and refining methods can reduce the antioxidant content by over 30%, compromising the oil’s health benefits. These challenges necessitate greater technological investment in processing and storage infrastructure.

Avocado Oil Market Segmentation

The avocado oil market is segmented by type—Refined, Extra Virgin, and Crude—and by application, including Edible Oil, Cosmetics & Skin Care Products, and Others. Each segment serves unique industry needs, with significant variation in volume, grade, and usage patterns. In 2024, edible use dominated with 56% share, while cosmetic and pharmaceutical applications collectively represented over 38%.

By Type

Refined Avocado Oil: Refined avocado oil undergoes bleaching and deodorizing, making it neutral in flavor and high in smoke point (up to 271°C). It is extensively used in the foodservice industry, particularly in frying and baking applications. In 2024, more than 60,000 metric tons of refined avocado oil were consumed worldwide, with significant demand from fast food chains and ready-to-eat meal manufacturers. The oil’s clarity and long shelf life—over 12 months under ambient storage—are key factors contributing to its usage.
Extra Virgin Avocado Oil: Extracted via cold-press methods, extra virgin avocado oil retains the highest nutritional profile, containing 13.5 mg of vitamin E and 9.8 mg of beta-sitosterol per 100 grams. It is the preferred choice for gourmet and health-conscious consumers. As of 2023, extra virgin avocado oil constituted approximately 58% of total global avocado oil sales, particularly favored in regions like North America and Western Europe. Its green hue and strong flavor profile also appeal to chefs in high-end restaurants.
Crude Avocado Oil: Unrefined and darker in color, crude avocado oil is mainly used as an intermediate in cosmetic formulations. In 2023, about 8,000 metric tons were used in the cosmetics industry, with major usage in soaps and hair conditioners. Due to minimal processing, it retains higher chlorophyll content (up to 12 mg/kg), which contributes to its antioxidant properties but also makes it prone to faster oxidation.

By Application

Edible Oil: In 2024, edible applications accounted for 56% of the total market. Households and restaurants alike use avocado oil for its health benefits. Over 52 countries now list avocado oil in dietary nutrition guidelines, with usage increasing particularly in school lunch programs across the U.S., Canada, and Japan.
Cosmetics & Skin Care Products: Approximately 38% of avocado oil is used in the personal care industry. In 2024, more than 1,500 cosmetic companies incorporated avocado oil into their product lines, with skin hydration and anti-aging being the most common claims.
Others: This segment includes pharmaceutical uses, dietary supplements, and industrial lubricants. Pharmaceutical formulations using avocado oil saw a 12% increase in 2023 due to rising use in anti-inflammatory treatments.

Regional Outlook for the Avocado Oil Market

The avocado oil market demonstrates varied growth trajectories across different regions, shaped by consumer behavior, industrial demand, climatic suitability for avocado cultivation, and infrastructural capabilities for oil extraction and processing. North America continues to dominate in consumption volume, accounting for over 35% of global avocado oil usage in 2024, largely driven by health-conscious dietary patterns in the United States and Canada. The U.S. alone imports more than 20,000 metric tons annually and maintains a strong distribution network across retail, online, and specialty gourmet channels.

North America

North America remains the leading region in avocado oil consumption, accounting for over 35% of global demand as of 2024. The United States alone imported more than 20,000 metric tons of avocado oil, with California and Florida being the largest domestic production hubs. Consumer preference for heart-healthy oils has driven a 28% year-on-year increase in retail sales. In Canada, over 2,500 restaurants listed avocado oil in their cooking oil inventory in 2023. Additionally, 70% of avocado oil-based cosmetic exports from Mexico are destined for the U.S., demonstrating cross-border supply chain strength.

Europe

Europe witnessed significant growth in avocado oil applications in both food and cosmetic segments. In 2024, the region imported over 14,000 metric tons of avocado oil, with Germany, the UK, and France leading consumption. Organic cosmetic formulations in France now feature avocado oil in over 30% of new product launches. In Germany, the demand for cold-pressed oils rose by 21%, with avocado oil being among the top five. Health food stores across the continent increased their avocado oil shelf space by 15% between 2022 and 2024.

Asia-Pacific

Asia-Pacific is an emerging hub for avocado oil demand, particularly in Japan, China, South Korea, and Australia. Japan imported over 3,200 metric tons in 2023, primarily for cosmetics and skincare manufacturing. In South Korea, 17% of new facial serums launched in 2024 contained avocado oil as a base ingredient. Australia has seen a 19% annual rise in retail sales of extra virgin avocado oil, driven by awareness campaigns linking the oil with heart and skin health. India’s cosmetics sector has incorporated avocado oil in more than 800 new products between 2022 and 2024.

Middle East & Africa

The Middle East & Africa region shows moderate but consistent growth. In 2023, avocado oil imports in the UAE rose by 13%, fueled by increasing demand in luxury cosmetic stores and upscale restaurants. South Africa, a leading avocado producer in Africa, supplied over 4,000 metric tons of avocado oil globally, including to neighboring countries such as Kenya and Nigeria. The number of wellness centers using avocado oil in therapeutic massages doubled in Egypt between 2022 and 2024.

List of Top Avocado Oil Companies

Sesajal
Yasin
Bella Vado
Chosen Foods
Grupo Industrial Batellero
La Tourangelle
Avoolio
Ahuacatlan Avocado Oil
Kenya Fresh Avocados
Kevala
Bio Planete
Hain Celestial Group
Da Gama Avocado Oil
Cate de mi Corazón (Madivi)
Tron Hermanos
Proteco Oils
Westfalia
Aconcagua Oil & Extract
Olivado
Grove Avocado Oil
AvoPure
Aceites Especiales
AvoPacific
Grupo Oleo

Chosen Foods: As of 2024, Chosen Foods holds the largest global market share, exporting over 9,000 metric tons annually. Their distribution covers over 15,000 retail stores across North America and Europe. The brand also controls 22% of the extra virgin avocado oil segment by volume.

Westfalia: Westfalia produces more than 8,000 metric tons of avocado oil each year, with operations spanning South Africa, Chile, and Mexico. The company supplies to more than 35 countries, and in 2023, it expanded its refinery operations to support increasing demand in Asia-Pacific.

Investment Analysis and Opportunities

The avocado oil market is attracting growing investor interest due to its applications across high-growth sectors—edible oils, organic cosmetics, and wellness products. Between 2022 and 2024, more than $450 million was funneled into avocado oil processing and extraction infrastructure across Latin America, particularly in Michoacán, Mexico, and central Peru. Mexico alone added six new oil extraction plants between 2021 and 2023, increasing its processing capacity by 38%. Private equity firms have also entered the space, with at least 12 new mergers and acquisitions recorded between 2023 and early 2024. These deals are focused on acquiring boutique avocado oil brands in the U.S., Germany, and Australia. In 2024, a U.S.-based venture capital firm invested in a cold-press avocado oil startup aiming to scale output from 1,200 liters/month to 10,000 liters/month by 2026. In addition, e-commerce platforms are offering new market entry points. Brands selling avocado oil direct-to-consumer through online channels report profit margins up to 30% higher than retail distribution. Packaging startups are also receiving seed funding to develop sustainable and oxidation-resistant bottles, with 11 companies launching biodegradable avocado oil packaging in the past 12 months. South Africa and Kenya are being explored as new frontiers for avocado cultivation. The area under avocado cultivation in Kenya increased by 18% in 2023, supported by governmental investment incentives, creating long-term sourcing opportunities for processors. In Australia, state governments in Queensland are promoting investments in high-density avocado plantations to meet growing domestic and Asian demand.

New Product Development

Innovation within the avocado oil market is gaining momentum, particularly in food and cosmetics. Between 2023 and 2024, over 480 new edible products containing avocado oil were launched globally, including chips, dressings, and marinades. Gourmet brands have introduced avocado oil infused with garlic, basil, and chili, expanding consumer interest. These flavored variants represent 14% of new product launches in 2024. In the beauty sector, manufacturers introduced over 950 new avocado oil-based SKUs in 2023. These included anti-aging face oils, scalp serums, and body lotions. A leading Korean brand launched a nano-emulsified avocado oil serum that penetrates the skin 3x faster than traditional emulsions. In France, a luxury skincare company debuted an avocado oil and squalene hybrid moisturizer with clinical trials showing a 42% improvement in skin hydration within 10 days. Spray bottles and airless pumps for avocado oil applications in kitchens are also being introduced to prevent oxidation and control portion sizes. In 2023, more than 320 new packaging formats were registered for avocado oil globally. In pharmaceuticals, encapsulated avocado oil softgels are being developed for joint inflammation and cardiovascular support. A U.S. nutraceutical firm patented a formulation combining avocado oil with turmeric extract in 2023, now sold in over 4,200 stores.

Five Recent Developments

Chosen Foods launched its largest avocado oil production facility in Guadalajara in 2024, increasing capacity to 14,000 metric tons/year.
Westfalia opened a new processing unit in Chile in early 2024 to serve rising demand in Asia-Pacific and South America.
La Tourangelle introduced a USDA-certified organic flavored avocado oil line in 2023, now available in over 7,000 retail locations across Europe.
Bella Vado announced the use of 100% post-consumer recycled plastic in its avocado oil packaging as of mid-2023.
Olivado partnered with a solar energy firm in 2023 to power 60% of its New Zealand operations with renewable energy.

Report Coverage of Avocado Oil Market

This report provides in-depth coverage of the avocado oil market, encompassing production volumes, consumption patterns, supply chain dynamics, and cross-sectoral applications. The study evaluates the global footprint of avocado oil usage across culinary, cosmetic, pharmaceutical, and wellness domains. Data points reflect metrics from more than 25 countries, incorporating over 300 market participants and stakeholders. The market is dissected by oil type, application, region, and channel of distribution. Type-based analysis includes extra virgin, refined, and crude oils. Application-focused segmentation reveals insights into how various industries—from gourmet food services to dermatological solutions—are driving demand. Regional trends are presented with quantified import-export ratios, processing capacity, and per capita consumption. This report also examines technological innovations in extraction, such as cold-press and centrifugal systems, and their impact on yield efficiency, purity, and product grade. It evaluates the implications of raw material sourcing, post-harvest storage technologies, and sustainable packaging trends on long-term profitability. In addition to current market dynamics, the report highlights risk factors, including climatic variability in avocado-growing regions, geopolitical supply chain risks, and stringent cosmetic ingredient regulations. The role of digital marketing, influencer endorsements, and subscription-based avocado oil sales is analyzed in detail, providing strategic insights for stakeholders.