Avocado Extracts Market is Expected to Witness Industry Growth at a Rate of 6.10% by 2028

 The avocado extracts market is expected to witness market growth at a rate of 6.10% in the forecast period of 2021 to 2028 and is expected to reach USD 0.80 million by 2028. Data Bridge Market Research report on avocado extracts market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the awareness regarding the fruit’s health benefits globally is escalating the growth of avocado extracts market.

Avocado extract refers to the processed form of the avocado fruit containing the entire essential mineral, vitamins and other ingredients that are beneficial for boosting essential mineral, vitamins and other ingredients. The product consists of trace elements and macro nutrients, healthy monounsaturated fatty acids, nutrients, fibers and abundant potassium among others. It is also believed that avocado extract can be helpful in treating cancer.

The increase in the consumption of the product owning to its various health benefits among consumers, acts as one of the major factors driving the growth of avocado extracts market. The extensive use of the extracts in numerous formulations of products such as food and beverage products, cosmetics, pharmaceuticals and dairy products and growing consciousness among the consumer’s regarding health accelerate the market growth. 

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Avocado Extracts Market Scope and Market Size

• On the basis of product type, the avocado extracts market is segmented into oil and powder.
• On the basis of category, the avocado extracts market is segmented into organic and conventional.
• On the basis of application, the avocado extracts market is segmented into food and beverages, pharmaceuticals and nutraceuticals and others. Food and beverages are further segmented into bakery and confectionary, beverages, dairy and frozen desserts, sweet and savory snacks, and others.

Global Avocado Extracts Market Country Level Analysis

The avocado extracts market is analyzed and market size, volume information is provided by country, product type, category, application and distribution channel as referenced above.    

The countries covered in the global avocado extracts market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the avocado extracts market because of the high consumption and wide presence in the supermarket to small grocery stores within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the increase in the production of avocado in the region.

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Competitive Lndscape and Avocado Extracts Market Share Analysis

The major players covered in the avocado extracts market report are:

NOW Foods, AvoPure, Avocare Corporation, Sesajal S.A de C.V., Cibaria International, Crofts Ltd, AETH SPECIAL OILS TH, Aceitera Mevi, Aconcagua Oil & Extract SA, The Village Press, CalPure Foods, Avocado Health Limited, CalPure Foods, Mevi Avocados, Inc., Madana Inc., Proteco Gold Pty Ltd, Bella Vado Avocado Oil, SPECTRUM ORGANIC PRODUCTS, LLC, Olivado and Chosen Foods LLC. among other domestic and global players.

Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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