The global extra virgin avocado oil (EVAO) market, valued at USD 523.26 million in 2024, is projected to reach USD 1,526.40 million by 2034, expanding at a CAGR of 11.30% between 2025 and 2034.
EVAO is an unrefined oil derived from fresh, ripe avocados—typically through the cold-press method—ensuring it retains its full nutrient profile. Similar to extra virgin olive oil, EVAO is prized for its culinary versatility, as well as its cosmetic and therapeutic applications.
From fine dining kitchens to premium skincare products, consumer demand for natural, vegan, and chemical-free alternatives is fueling rapid growth in this market
Market Size (2024): USD 523.26 Million
Forecast (2034): USD 1,526.40 Million
CAGR (2025–2034): 11.30%
Top Product Type: Cold-pressed oils dominate due to higher nutrient retention
Leading Application: Food & Beverages
Regional Leader: North America
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Avocados are rich in healthy fats, lutein, zeaxanthin, and antioxidants. EVAO consumption is linked to improved:
Heart health & cholesterol management
Vision protection
Bone strength (osteoporosis support)
Cancer risk reduction (as highlighted in emerging studies)
As chronic health conditions rise, consumers are increasingly adopting EVAO as a nutrient-packed alternative to traditional oils.
The surge in vegan diets and demand for clean-label products is boosting EVAO sales. Unlike refined oils, EVAO maintains its nutritional value without chemical additives.
📌 Example: In June 2023, JJ Foodservice (UK) launched its own brand of cold-pressed extra virgin avocado oil under the Tabaki label—highlighting growing demand for pure, single-origin, chemical-free oils.
EVAO is increasingly used in:
Moisturizers & serums (for skin hydration)
Hair care products (for nourishment and shine)
Natural skincare alternatives (chemical-free, eco-friendly)
With rising awareness of toxic ingredients in personal care, EVAO’s premium positioning will create long-term opportunities.
A growing fine dining culture worldwide is opening doors for EVAO in the culinary luxury segment. With its light green color, mild flavor, and 250°C smoke point, EVAO is perfect for gourmet cooking and dressings.
High Costs: Producing just 250 ml of EVAO requires about 10 avocados—making it a premium-priced oil.
Limited Avocado Supply: Production is resource-intensive and concentrated in a handful of countries.
Competition: Extra virgin olive oil and other emerging fruit oils remain strong rivals.
US demand is rising due to growing health-conscious consumer bases.
Mexico, a leading avocado producer, ensures a steady supply of raw material.
Exansion of gourmet dining and food tourism is boosting EVAO adoption in culinary spaces.
Europe: Increasing veganism and wellness culture fuel demand.
Asia-Pacific: Rising disposable incomes and lifestyle shifts present major growth opportunities.
Latin America & MEA: Emerging consumption supported by expanding avocado production.
BetterBody Foods
Chosen Foods
Primal Kitchen
Bella Vado
La Tourangelle
Nutiva
Kevala
CalPure
Olivado
MaryRuth Organics
Carrington Farms
Avohass
Sattvc Foods
Black & Green, Naturow, and others
By Product Type
Cold-Pressed (dominant)
Solvent-Extracted
By Distribution Channel
Specialty Stores
Online Stores
Supermarkets & Hypermarkets
By Application
Food & Beverages (leading)
Cosmetics & Personal Care
Pharmaceuticals
The extra virgin avocado oil market is evolving from a niche product into a global wellness and lifestyle essential. Driven by health-conscious consumers, veganism, cosmetic innovation, and gourmet dining trends, EVAO is set to triple in value by 2034.
While high costs and limited avocado supply remain challenges, opportunities in premium dining, personal care, and natural food segments will continue to fuel strong growth worldwide.