The Europe Guacamole Market should witness market growth of 5.1% CAGR during the forecast period (2022-2028).
The market has witnessed growth due to the rising preference for wholesome, nutrient-dense snacks served with dips. Also, there are many manufacturers available to manufacturers to draw in a larger consumer base and maximize revenue due to the growing desire for plant-based foodstuff. As a result of rising globalization, guacamole is now a staple of many different cuisines, which has significantly increased demand. Moreover, guacamole consumption has been related to several health advantages. The main component is avocado, rich in lipids, vitamins, and minerals.
Due to its high fiber content, people can choose guacamole as a healthy dinner alternative. Moreover,rich in potassium, guacamole supports a healthy fluid balance. Guacamole is also rich in potent antioxidants and heart-healthy fats, which are good for one's health. Also, it is related to healthy body weight, decreased bloating, and radiant skin. In addition to the numerous health advantages, the guacamole market is being boosted by expanding the global fast-food sector, where guacamole is widely used as a condiment and dip.
The hospitality sector in the region of Europe is expanding. It's because of the region's substantial population and high level of disposable income. People also prefer ready-to-eat side dishes because of their hectic lifestyles. In addition to meeting consumer demand, supermarkets contribute to increased food product availability. As a result, the demand for snacks is rising. Local major and small enterprises are also helping the sector to grow. It is anticipated that during the projection period, the booming food and beverage industry, the entry of new and significant players into the regional market, and the quickly expanding retail industry with an increase in the number of hypermarkets &supermarkets will all significantly boost revenue in Europe. Due to this, the demand for guacamole is rising in the regional market.
The Germany market dominated the Europe Guacamole Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $70 Million by 2028. The UK market is anticipated to grow at a CAGR of 4.3% during (2022-2028). Additionally, The France market would exhibit a CAGR of 5.9% during (2022-2028).
Based on End-user, the market is segmented into Food Service Industry, Food Processing Industry and Households. Based on Packaging, the market is segmented into Glass Bottles, Pouches and Plastic Containers. Based on Distribution Channel, the market is segmented into Supermarket & Hypermarket, Business to Business, Specialty Stores, Online Stores and Convenience Stores. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hormel Foods Corporation, Calavo Growers, Inc., Avo-King International, Inc., Casa Sanchez SF, Salud Foodgroup Europe BV, Snowcrest Foods Ltd., Simpson Farms Pty. Ltd., Aguacates seleccionados JBR, Propal and Westfalia Fruit (Pty) Ltd.
The market has witnessed growth due to the rising preference for wholesome, nutrient-dense snacks served with dips. Also, there are many manufacturers available to manufacturers to draw in a larger consumer base and maximize revenue due to the growing desire for plant-based foodstuff. As a result of rising globalization, guacamole is now a staple of many different cuisines, which has significantly increased demand. Moreover, guacamole consumption has been related to several health advantages. The main component is avocado, rich in lipids, vitamins, and minerals.
Due to its high fiber content, people can choose guacamole as a healthy dinner alternative. Moreover,rich in potassium, guacamole supports a healthy fluid balance. Guacamole is also rich in potent antioxidants and heart-healthy fats, which are good for one's health. Also, it is related to healthy body weight, decreased bloating, and radiant skin. In addition to the numerous health advantages, the guacamole market is being boosted by expanding the global fast-food sector, where guacamole is widely used as a condiment and dip.
The hospitality sector in the region of Europe is expanding. It's because of the region's substantial population and high level of disposable income. People also prefer ready-to-eat side dishes because of their hectic lifestyles. In addition to meeting consumer demand, supermarkets contribute to increased food product availability. As a result, the demand for snacks is rising. Local major and small enterprises are also helping the sector to grow. It is anticipated that during the projection period, the booming food and beverage industry, the entry of new and significant players into the regional market, and the quickly expanding retail industry with an increase in the number of hypermarkets &supermarkets will all significantly boost revenue in Europe. Due to this, the demand for guacamole is rising in the regional market.
The Germany market dominated the Europe Guacamole Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $70 Million by 2028. The UK market is anticipated to grow at a CAGR of 4.3% during (2022-2028). Additionally, The France market would exhibit a CAGR of 5.9% during (2022-2028).
Based on End-user, the market is segmented into Food Service Industry, Food Processing Industry and Households. Based on Packaging, the market is segmented into Glass Bottles, Pouches and Plastic Containers. Based on Distribution Channel, the market is segmented into Supermarket & Hypermarket, Business to Business, Specialty Stores, Online Stores and Convenience Stores. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hormel Foods Corporation, Calavo Growers, Inc., Avo-King International, Inc., Casa Sanchez SF, Salud Foodgroup Europe BV, Snowcrest Foods Ltd., Simpson Farms Pty. Ltd., Aguacates seleccionados JBR, Propal and Westfalia Fruit (Pty) Ltd.
Scope of the Study
By End-user
- Food Service Industry
- Food Processing Industry
- Households
By Packaging
- Glass Bottles
- Pouches
- Plastic Containers
By Distribution Channel
- Supermarket & Hypermarket
- Business to Business
- Specialty Stores
- Online Stores
- Convenience Stores
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Hormel Foods Corporation
- Calavo Growers, Inc.
- Avo-King International, Inc.
- Casa Sanchez SF
- Salud Foodgroup Europe BV
- Snowcrest Foods Ltd.
- Simpson Farms Pty. Ltd.
- Aguacates seleccionados JBR
- Propal
- Westfalia Fruit (Pty) Ltd.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Europe Guacamole Market by End-user
Chapter 4. Europe Guacamole Market by Packaging
Chapter 5. Europe Guacamole Market by Distribution Channel
Chapter 6. Europe Guacamole Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Hormel Foods Corporation
- Calavo Growers, Inc.
- Avo-King International, Inc.
- Casa Sanchez SF
- Salud Foodgroup Europe BV
- Snowcrest Foods Ltd.
- Simpson Farms Pty. Ltd.
- Aguacates seleccionados JBR
- Propal
- Westfalia Fruit (Pty) Ltd.
Methodology
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About the Guacamole Market
Guacamole is a condiment and dressing made from mashed avocados, onions, tomatoes, lime juice, and other ingredients. It is a popular accompaniment to Mexican and Tex-Mex dishes, and is often served as a dip with chips or as a topping for tacos, burritos, and other dishes. Guacamole is also used as a spread on sandwiches and burgers, and as a topping for salads. The guacamole market is growing in popularity due to its versatility and health benefits. Avocados are a good source of healthy fats, Read more
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