Avocado oil prices closely track avocado fruit prices, primarily sourced from countries like Mexico, Columbia, and Peru. The first half of 2023 saw improved avocado harvests in the Americas, including Australia, leading to increased exports due to growing popularity for its nutritional benefits. This rise in consumption and yield resulted in relatively stable and lower fluctuating avocado oil prices, particularly in American and European markets.
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Definition
Avocado oil is a rich and versatile oil derived from the flesh of the avocado fruit. Known for its mild flavour and high smoke point, it’s obtained through cold-pressing or centrifugation methods. This oil is prized for its nutritional content, including heart-healthy monounsaturated fats, vitamins, and antioxidants. Avocado oil finds applications in culinary uses such as cooking, frying, and salad dressings due to its stability at high temperatures. Additionally, it’s utilized in skincare and cosmetic products for its moisturizing properties and potential benefits for skin health.
Key Details About the Avocado Oil Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Avocado Oil in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Avocado Oil Price Trends, including India Avocado Oil price, USA Avocado Oil price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Avocado Oil Price Trend:
Avocado oil finds diverse industrial applications. In the cosmetics and skincare sector, it’s a valuable ingredient in lotions, creams, and hair products due to its moisturizing properties. The pharmaceutical industry explores its potential for topical treatments and supplements, capitalizing on its antioxidants and anti-inflammatory benefits. In the food industry, avocado oil’s high smoke point and mild flavor make it suitable for cooking, frying, and salad dressings. Additionally, it’s considered for nutraceuticals, offering nutritional value in dietary supplements. The lubricating properties of avocado oil extend its use to industrial lubricants, and its potential as a biofuel feedstock contributes to sustainable energy solutions.
Key Players:
- Sesajal S.A. de C.V
- Bella Vado, Inc
- Chosen foods LLC
- Grupo Industrial Battellero S.A. de C.V
News and recent developments:
Indonesia, a major food producer, is increasingly embracing avocado cultivation despite past neglect. Farmers, including Julianto Effendi, are now focusing on avocados due to rising demand and changing consumer preferences. Avocado orchards are expanding in regions like East Java, where farmers seek to enhance agricultural value. Successful avocado growth relies on well-draining soil with balanced acidity. The surge in worldwide avocado production aligns with health-conscious consumers seeking its nutritional advantages. Indonesia’s transition to avocado cultivation illustrates its response to shifting market dynamics and a drive to capitalize on the fruit’s popularity and value.
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