The avocado powder is produced by drying the raw avocado first and then grinding the whole fruit into brown, slightly acidic powder. These powders are then added with chemicals to make food and beauty products. The smooth avocado powder is gentle on the skin, which is why, it is used to produce facial scrubs, body scrubs, face cleansers, and body care products. It is also useful in removing dead skin cells and impurities from facial skin. The use of avocado powder in the beauty product market is growing, as it has good nutrient value also.
The avocado powder is rich with minerals, vitamins, and unsaturated fatty acids. It strengthens the immune system, protects against free radicals and inflammation. The powder can be roasted and sprinkled on smoothie or salads for regular consumption. It adds a nutty texture to the food, which is appreciated by consumers. The avocado powder is now widely available in the retail and departmental stores. Regular consumption of avocado powder has proved to be beneficial for health.
The global market for avocado powder is growing because of its increasing popularity. However, availability of the fruit is limited due to geographic conditions. The fruit is mainly found in South Africa and Latin America. Increasing demand from various manufacturers is driving the farmers to yield better produces. Government and banking sectors are also investing in providing loans and other accessories such as manures, high-quality seeds to support the farmers to yield better crops.
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Segments:
The global avocado powder is slowly gaining momentum due to positive marketing. Awareness created through this marketing has had a positive impact on developing better products. Manufacturers are investing in market studies to gain in-depth knowledge of the product and the surrounding market to explore the opportunities. The avocado powder market is thus segmented into type and applications for a better understanding. Organic avocado powder and non-organic avocado powder are covered under type segments. Food & beverages, cosmetics, and other products are covered under application segments. These in-depth analyses help in designing actionable steps, to contribute to market growth.
Regional Analysis:
The global market for Avocado powder is growing. However, the regional analysis is important considering its limitation of availability. North American and European market in the food & beverage section is growing. People are experimenting with avocado powder to create exotic food items. Growing restaurant business is also a major reason for the rise in avocado powder market. Cosmetic products such as scrubs, cleansers are getting a fair share in the market due to its nutritional value for the skin. Asia Pacific (APAC) and South American markets are moving forward due to the growing young population and inclination towards using good quality cosmetic products.
Industry News:
In October 2019, researchers declared that they have found avocatin B (AvoB), a fat molecule, that can be found only in avocados, has the potential to impact incomplete oxidation in skeletal muscle and also in the pancreas that would result in reduction of insulin resistance. SP Nutraceuticals Inc. is planning to launch pills and powders enriched with this to gain significant market hold.
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Table Of Content:
1 Market Overview
2 Manufacturers Profiles
3 Global Market Competition, by Players
4 Global Market Size by Regions
5 North America Revenue by Countries
6 Europe Revenue by Countries
7 Asia-Pacific Revenue by Countries
8 South America Revenue by Countries
9 Middle East and Africa Revenue by Countries
10 Global Market Segment by Type
11 Global Market Segment by Application
12 Global Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
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