According to Future Market Insights Inc. Avocado oil is set to grow by 6.9% each year in Western Europe until 2033. This growth presents big opportunities for the avocado oil industry there, which was valued at USD 146 million in 2023.
Consumers in Western Europe increasingly prefer natural and organic food products. Avocado oil, particularly when made using organic and sustainable methods, fits well with this trend. The popularity of cooking shows and food blogging in the region has further boosted interest in specialty ingredients such as avocado oil, showcasing its use in culinary practices and attracting consumer attention.
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Key Insights – Highlights to Understand Emerging and Fast Growing Opportunities
- In the food industry, there’s a growing trend towards innovative and eco-friendly packaging solutions. Avocado oil producers can appeal to environmentally conscious consumers by adopting sustainable packaging materials and designs.
- Western Europe serves as both a major consumer and a potential exporter of avocado oil to other regions. With the increasing global demand for healthier cooking oils, Western European producers have opportunities to broaden their market presence.
- Continued research into the benefits and uses of avocado oil is expected to uncover new opportunities across sectors such as pharmaceuticals and cosmetics.
- Regional preferences and culinary traditions in Western Europe can significantly impact the avocado oil industry. Understanding these variations is crucial for industry growth.
Competitive Landscape
The competitive landscape of the avocado oil industry in Western Europe is dynamic and evolving, with several key companies at the forefront of this industry. The companies are well positioned to benefit from the continued growth of the landscape by adopting various strategies and initiatives.
Recent Developments Observed in Avocado Oil Industry in Western Europe
In 2023, Spack BV announced the launch of its new line of avocado oil based mayonnaise and dressings. The products are made with 100% avocado oil and are free of artificial ingredients.
In 2023, Gustav Heess Oleochemische Erzeugnisse GmbH announced the expansion of its avocado oil production capacity at its plant in Germany. The expansion is expected to meet the growing demand for avocado oil in Western Europe.
In 2023, Henry Lamotte Oils GmbH announced the launch of its new avocado oil based cooking spray. The spray is made with 100% avocado oil and is nonstick and easy to use.
In 2023, Hunter & Gather Foods Ltd. announced the launch of its new line of avocado oil based snacks. The snacks are made with 100% avocado oil and are available in a variety of flavors, such as sea salt, BBQ, and sour cream and onion.
In 2023, Olivado Group announced the launch of its new avocado oil based skincare line. The products are made with 100% avocado oil and are designed to nourish and protect the skin.
Some of the Key Avocado Oil Industry Players in Western Europe
- Spack BV
- Gustav Heess Oleochemische Erzeugnisse GmbH
- Henry Lamotte Oils GmbH
- Hunter & Gather Foods Ltd
- Olivado Group
- Koppert Cress
- Olvea
- Interchemie
- Bio Planète
- Naissance
- Avocado Company
- Al-natura
- DM
- Rossmann
- Waitrose & Partners
- Ocado
- Tesco
- Sainsbury’s
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Key Segments
By Type:
- Extra Virgin Oil
- Virgin Oil
- Pure/Refined Oil
- Blend
By Variety:
- Hass Avocado
- Bacon Avocado
- Fuerte Avocado
- Zutano Avocado
- Pinkerton Avocado
By Application:
- Food and Beverages
- Pharmaceuticals and Medicinal Formulations
- Personal Care and Cosmetics
- Others
By Country:
- United Kingdom
- Germany
- France
- Netherlands
- Italy
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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