Avocado Oil Spray Market Size, Share & Trends Analysis Report By Nature (Conventional, Organic), By Type (Refined, Cold-Pressed), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

Avocado Oil Spray Market Size & Trends

The global avocado oil spray market size was estimated at USD 314.0 million in 2023 and is expected to grow at a CAGR of 7.6% from 2024 to 2030. The market is driven by trends such as rising health consciousness, increasing demand for natural and clean-label products, and the growing culinary use of avocado oil. Factors such as the popularity of healthy cooking oils, innovations in product formulations, and expanding distribution channels also contribute to market growth.

Avocado oil's high smoke point of around 520 degrees Fahrenheit makes it ideal for high-heat cooking without burning or generating harmful free radicals. Beyond its practical benefits, avocado oil shares the heart-healthy advantages of avocados themselves, due to its richness in monounsaturated fatty acids (MUFAs), which can help lower LDL cholesterol and reduce cardiovascular risk. Its neutral taste ensures a seamless transition from other cooking oils like olive oil. This dual appeal - culinary versatility and health benefits akin to avocados - drives the increasing demand for avocado oil spray, appealing to health-conscious consumers seeking both functionality and nutritional value in their cooking choices.

Shifting trends in eating culture, such as the rising prominence of social and casual dining, have resulted in an increased demand for innovative products such as avocado oil spray products. Furthermore, consumers globally are prioritizing home cooking, convenience, simplicity of cleaning, and healthier cooking options, which is driving up demand for oil sprays that dispense a limited amount of oil each time while cooking. According to a June 2021 analysis published by the Rome Business School Research Centre, 43% of Italians are cooking at home more frequently than they were before the lockdown, which was prompted by the Covid-19 health emergency. According to 2022 research by Germany's Federal Ministry of Food and Agriculture, 34% of people cook three or four times a week, and 46% of people cook daily in Germany.

The trend of meal prepping is pushing the avocado oil spray market as consumers seek convenient, healthy cooking options that align with their fitness and dietary goals. According to CPD Online College Limited’s blog published in September 2022, 73% of people in the UK meal prep to save time, and 60% do so to eat more healthily. Meal prepping involves advance preparation and bulk creation of meals, making avocado oil sprays a popular choice for their versatility, nutritional benefits, and ease of use in cooking and portioning meals ahead of time.

A 2022 YouGov study indicates that 27% of global consumers tend to count the calories they consume, with higher rates in MENA (37%) and APAC (27%). In MENA, particularly in Saudi Arabia, 42% of consumers count calories. This trend is pushing the avocado oil spray market as calorie-conscious consumers seek healthier, lower-calorie cooking options. Avocado oil sprays, such as those by Chosen Foods, are appealing due to their nutritional benefits, with each serving containing only 5 calories, making them an ideal choice for health-conscious individuals.

Nature Insights

Conventional avocado oil spray accounted for about 54% of the market in 2023. This is due to its affordability, widespread availability, and familiarity among consumers. It offers a convenient cooking solution with a high smoke point and neutral taste, appealing to both home cooks and professional chefs alike. The established supply chain and lower production costs contribute to its competitive pricing, making it a popular choice for everyday use in kitchens globally.

The demand for organic avocado oil spray is projected to grow significantly, with an expected CAGR of approximately 8.4% from 2024 to 2030. This increase is driven by rising awareness of health and environmental sustainability. Organic varieties guarantee production without synthetic pesticides or fertilizers, appealing directly to health-conscious consumers who prioritize clean eating and sustainable practices. According to a 2022 Pew Research study, 76% of adults choose organic foods primarily for their health benefits, with environmental concerns cited by 33% and convenience by 22%. These findings underscore a shifting consumer preference towards organic options, reflecting a broader trend towards healthier and environmentally responsible choices in the marketplace.

Type Insights

Refined avocado oil spray accounted for a share of about 61% in 2023. This is due to its versatility and cost-effectiveness in large-scale production. The refining process removes impurities and enhances stability, giving it a longer shelf life and a higher smoke point suitable for various cooking methods. Its neutral flavor profile makes it appealing for a wide range of culinary applications, from frying to baking, catering to diverse consumer tastes and preferences.

Demand for cold-pressedavocado oil spray is set to expand at a CAGR of about 8.4% from 2024 to 2030. Cold-pressed extraction involves minimal heat, preserving the oil's beneficial compounds such as vitamins and antioxidants. This method appeals to health-conscious consumers seeking oils with minimal processing and maximum nutritional benefits. The distinctively fresh and vibrant taste of cold-pressed avocado oil adds a gourmet touch to dishes, driving its popularity among discerning chefs and home cooks alike.

Distribution Channel Insights

Hypermarkets and supermarkets are preferred for buying avocado oil spray due to their extensive reach and convenience. With major chains such as Walmart serving millions of customers daily across thousands of stores worldwide, these retail giants offer unmatched accessibility and availability of products such as avocado oil spray. They provide a one-stop shopping experience where consumers can find a wide selection of brands and products, including various options of avocado oil spray, catering to different preferences and budgets. The scale of operations and efficient supply chains ensure consistent availability and competitive pricing, making hypermarkets and supermarkets the go-to choice for many consumers seeking convenience and variety in their shopping experience. 

Online sales of avocado oil spray are expected to grow at a CAGR of 8.8% from 2024 to 2030. According to the U.S. Department of Agriculture's survey, nearly 2 in 10 Americans regularly bought groceries online in 2022. This shift is driven by convenience, as online platforms offer a wide selection of products, including specialty items such as avocado oil spray, catering to diverse dietary and culinary preferences. The survey also highlights a significant portion of consumers making multiple online grocery purchases monthly, underscoring the increasing comfort and reliability of online shopping experiences for everyday essentials such as cooking oils.

Regional Insights

The avocado oil spray market in North America accounted for a market share of around 41% in the global market. The region is a major producer of avocados, particularly in countries like Mexico and the U.S., which ensures a stable and abundant supply of raw materials for avocado oil production. This proximity to sources reduces transportation costs and facilitates efficient processing, contributing to competitive pricing and availability in the market.

U.S. Avocado Oil Spray Market Trends

The avocado oil spray market in the U.S. accounted for a market share of around 80% in 2023 in the North American market. In the U.S., the demand for avocado oil spray is buoyed by its innovative drivers and features. Consumers appreciate its high smoke point, making it ideal for cooking and grilling. The health-conscious trend fuels interest in its heart-healthy fats and antioxidants. Convenient spray bottles ensure easy, even application, reducing waste. In addition, its versatility for both culinary and cosmetic uses appeals to a broad audience, emphasizing natural, non-GMO, and preservative-free options.

Asia Pacific Avocado Oil Spray Market

The avocado oil spray market in Asia Pacific is anticipated to rise at a CAGR of about 8.3% from 2024 to 2030. There is an increasing awareness of healthy lifestyles and the growing popularity of international cuisines in the region. Its lightweight, non-greasy texture appeals to consumers seeking healthier alternatives to traditional oils. In addition, the rising trend of natural skincare solutions enhances its appeal, as avocado oil's nourishing properties are valued. Convenient packaging and the shift towards organic, sustainable products further drive demand.

Key Avocado Oil Spray Company Insights

The avocado oil spray market is fragmented. Market players in the avocado oil spray sector are innovating with eco-friendly packaging and expanding organic product lines. They are investing in marketing campaigns to highlight health benefits and versatility. Collaborations with chefs and influencers boost product visibility, while R&D efforts focus on enhancing quality and flavor to meet diverse consumer preferences.

Recent Developments

• In June 2024,La Tourangelle participated in the National Restaurant Association Show aiming to showcase their clean, allergen-free cooking sprays to restaurant operators. Their strategic initiative focused on promoting their artisan, sustainably crafted products and highlighting their award-winning 16oz Non-Stick Cooking Spray, emphasizing quality and tradition in food preparation.

• In June 2024, BetterBody Foods participated in the Specialty Foods Association event aiming to connect with fellow vendors and showcase our unique offerings. This strategic initiative focuses on fostering relationships within the specialty food industry and enhancing brand visibility.

• In September 2021, Butterfly, a Los Angeles-based private equity firm with extensive experience in the food sector, partnered with Chosen Foods LLC, a pioneer in avocado-based kitchen staples. Butterfly aims to hold a majority stake and leverage its expertise to drive global growth and expand the impact of Chosen Foods' nourishing avocado products on consumer health.

Avocado Oil Spray Market Report Scope

Global Avocado Oil Spray Market Segmentation

This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the avocado oil spray market report on the basis of nature, type, distribution channel, and region.

• Nature Outlook (Revenue, USD Million, 2018 - 2030)

  • Conventional

  • Organic

• Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Refined

  • Cold-Pressed

• Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Hypermarkets & Supermarkets

  • Convenience Stores

  • Online

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia