In 2018, FSSAI (Food product standard and Food additives) has revised standards for Oil and Vanaspati and new standards for avocado oil. The Standards includes new parameters and limits Eg. Saponification value (177-198), acid value not more then 2 etc.

The article cited AMA's "Global Avocado Oil Market Study" explored substantial growth in North America and CAGR of 7.6%. According to the report, Adoption of Flavored Avocado Oil with Natural Edible Oil Like Almond Oil, Olive Oil And Coconut Oil and Shea Butter is one of the primary growth factors for the market. Increasing Demand among Consumers due to Nutritional Benefits of Avocado Oil is also expected to contribute significantly to the Avocado Oil market. Overall, Cooking applications of Avocado Oil, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Variety, such as Hass, is boosting the Avocado Oil market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Distribution channel, such as Super Market/Hyper Market, is boosting the Avocado Oil market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Avocado Oil market identified that the demand is rising in many different parts of the world as "Demand of Avocado Oil Due To Its Nutritional Benefits Becoming a Preferred Choice for Consumers". Furthermore, some recent industry insights like "June 2016, De La Rosa Real Foods & Vineyards announced that their newly released Cold Pressed 100% Pure Avocado Oil has been making a big impact in the market. Pressed from the fleshy pulp of the Avocado and not the seed, De La Rosa's Avocado Oil is Non-GMO, Kosher, Vegan and Gluten-Free, making it perfect for all cooking needs providing top quality and superb taste to meals that health conscious consumers seem to be looking for." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Avocado Oil market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Avocado Oil market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Avocado Oil market size is calculated using market estimation process, the Avocado Oil market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Avocado Oil market size has been validated using both top-down and bottom-up approaches.