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Avocado Processing Market Report by Product Type, Application, Distribution Channel, and Region 2024-2032

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    Report

  • 142 Pages
  • January 2024
  • Region: Global
  • IMARC Group
  • ID: 5936341
Description Jump to:
The global avocado processing market size reached US$ 2.4 billion in 2023. The market is projected to reach US$ 4.4 billion by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2023-2032. The growing health awareness, thriving food service sector, and rising popularity of western food products represent some of the key factors driving the avocado processing market.

Rising Health Awareness Among Individuals Impelling Market Growth

The increasing health awareness among people currently represents one of the primary drivers resulting in the increasing sales of avocadoes. There is an increase in the prevalence of chronic and lifestyle diseases, such as diabetes, heart disease, blood pressure, hypertension, and obesity among the masses. This, coupled with the rising shift towards healthy food products among health-conscious consumers, along with the inflating income level of individuals, is propelling the growth of the market. Moreover, there are various benefits offered by avocados, such as weight loss management, healthy skin and hair, and enhanced immunity.

Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is fragmented with a large number of players currently operating in the industry. The volume of new entrants is high in the avocado processing industry due to the low product differentiation and high market growth. Also, majority of the market comprises products with little differentiation between various manufacturers.
  • What is Avocado Processing?
Avocado is a rich source of phytosterols, vitamins E and C, minerals, fibers, antioxidants, amino acids, and monounsaturated fatty acids. It assists in relieving arthritis pain, enhancing cholesterol levels, reducing the risk of heart from atherosclerosis, maintaining a healthy vision and digestive system, and improving the antioxidant properties among individuals. As a result, avocado is processed to preserve its taste, texture, and color for a long period of time. Avocado processing can be done by removing the peduncle and cleaning it in a machine through chlorinated water and rotating brushes. In addition, it is used to produce various processed food products, such as guacamole, avocado oils, and avocado sauce, by cutting, peeling, and mixing avocado with onion, chili pepper, and several acids. Furthermore, avocado processing enables preparation of wraps, salads, sandwiches, sushi rolls, and other high-quality ready-to-eat (RTE) food products around the world.

COVID-19 Impact:

The COVID-19 pandemic outbreak caused a severe problem for the avocado processing industry and imposed unprecedented challenges on numerous countries. It hampered the production of avocados due to the shutdown of manufacturing units. Due to supply chain disruptions and transport restrictions, the industry faced huge losses. In addition, the raw materials that couldn’t be transferred to the processing plants caused a significant loss of farm produce. Less demand for avocados was observed on account of the shutdown of hotels, cafes, restaurants, and other food chains. Besides this, there was an unavailability or shortage of labor and equipment in the agricultural production, processing, and distribution channels. This has also caused a spike in the prices of avocados that eventually led to their decreased demand among the masses around the world. However, post-pandemic consumption of avocados is expected to increase due to health consciousness among individuals, as they comprise various vitamins and minerals. Furthermore, the demand for processed avocado products has been witnessed among consumers due to hectic and busy lifestyles.

Avocado Processing Market Trends

At present, the increasing adoption of processed and ready-to-eat (RTE) avocado products due to the busy and hectic lifestyles of individuals worldwide represents one of the major factors influencing the market positively. Moreover, the rising utilization of processed avocado products in the food and beverage (F&B) industry to prepare multiple cuisines, along with the thriving food service sector, is strengthening the growth of the market. Apart from this, the growing demand for avocado processed food products on account of the increasing health awareness among the masses, coupled with the inflating income level of individuals across the globe, is offering a positive market outlook. Additionally, the rising acceptance and influence of Western culture and food products among individuals around the world are offering lucrative growth opportunities to industry investors. Besides this, the increasing demand for avocados, as they aid in relieving arthritis pain, improving healthy vision, and reducing the risk of heart diseases, is supporting the growth of the market. In addition, the wide availability of processed avocado products through online and offline distribution channels is bolstering the growth of the market. Furthermore, the increasing demand for avocados to enhance wound healing and neutralize free radicals in the body is contributing to the growth of the market.

Key Market Segmentation:

The report provides an analysis of the key trends in each sub-segment of the global avocado processing market report, along with forecasts at the global and regional level from 2023-2032. The report has categorized the market based on product type, application and distribution channel.

Product Type Insights:

  • Guacamole
  • Avocado Oil
  • Frozen Avocado
  • Avocado Sauce
  • Others
The report has provided a detailed breakup and analysis of the avocado processing market based on the product type. This includes guacamole, frozen avocado, avocado oil, avocado sauce, and others. According to the report, guacamole represented the largest segment due to its rising utilization as a dip or spread for salad dressing and in various Mexican cuisine. In addition, guacamole is a rich source of vitamin E and C that assist in maintaining a healthy heart, skin, hair, and eyes. Moreover, the increasing consumption of guacamole for weight loss and boosting immunity is bolstering the growth of the market.

Application Insights:

  • Food and Beverages
  • Cosmetics
  • Pharmaceuticals
  • Others
A detailed breakup and analysis of the avocado processing market based on the application has also been provided in the report. This includes food and beverages, cosmetics, pharmaceuticals, and others. According to the report, food and beverages accounted for the largest market share due to the increasing utilization of processed avocado products in this industry. In addition, the rising consumption of packaged and ready-to-eat (RTE) avocado food products among the masses is contributing to the market growth.

Distribution Channel Insights:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others
A detailed breakup and analysis of the avocado processing market based on the distribution channel has also been provided in the report. This includes supermarkets and hypermarkets, convenience stores, online, and others.

Regional Insights:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • Latin America
The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America. According to the report, North America was the largest market for avocado processing. The North America avocado processing market is primarily driven by the growing consumption of avocado products due to the rising prevalence of chronic diseases among individuals. In addition to this, the increasing adoption of ready-to-eat (RTE) avocado food products on account of hectic lifestyles of individuals, along with the increasing health-consciousness, is impelling the market growth.

Competitive Landscape

The report has also provided a comprehensive analysis of the competitive landscape in the global avocado processing market. Some of the companies covered in the report include:
  • Hormel Foods Corporation
  • YUCATAN FOODS
  • Sabra Dipping Company, LLC
  • Calavo Growers, Inc.
  • Salud Foodgroup Europe BV
  • Olivado
  • SPECTRUM ORGANIC PRODUCTS, LLC
  • GRUPO INDUSTRIAL BATELLERO S.A. de C.V.
  • Sesajal S.A. de C.V.
  • The Village Press
Please note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the global avocado processing market in 2023?
2. What is the expected growth rate of the global avocado processing market during 2024-2032?
3. What are the key factors driving the global avocado processing market?
4. What has been the impact of COVID-19 on the global avocado processing market?
5. What is the breakup of the global avocado processing market based on the product type?
6. What is the breakup of the global avocado processing market based on the application?
7. What are the key regions in the global avocado processing market?
8. Who are the key players/companies in the global avocado processing market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Avocado Market
5.1 Market Overview
5.2 Market Performance
5.3 Price Trends
5.4 Market Breakup by Type
5.4.1 Hass
5.4.1.1 Market Trends
5.4.1.2 Market Forecast
5.4.2 Fuerte
5.4.2.1 Market Trends
5.4.2.2 Market Forecast
5.4.3 Bacon
5.4.3.1 Market Trends
5.4.3.2 Market Forecast
5.4.4 Choquette
5.4.4.1 Market Trends
5.4.4.2 Market Forecast
5.4.5 Gwen
5.4.5.1 Market Trends
5.4.5.2 Market Forecast
5.4.6 Others
5.4.6.1 Market Trends
5.4.6.2 Market Forecast
5.5 Market Breakup by Region
5.5.1 Mexico
5.5.1.1 Market Trends
5.5.1.2 Market Forecast
5.5.2 Dominican Republic
5.5.2.1 Market Trends
5.5.2.2 Market Forecast
5.5.3 Peru
5.5.3.1 Market Trends
5.5.3.2 Market Forecast
5.5.4 Colombia
5.5.4.1 Market Trends
5.5.4.2 Market Forecast
5.5.5 Indonesia
5.5.5.1 Market Trends
5.5.5.2 Market Forecast
5.5.6 Others
5.5.6.1 Market Trends
5.5.6.2 Market Forecast
5.6 Market Breakup by End Use
5.6.1 Fresh
5.6.1.1 Market Trends
5.6.1.2 Market Forecast
5.6.2 Processed
5.6.2.1 Market Trends
5.6.2.2 Market Forecast
5.7 Market Breakup by Distribution Channel
5.7.1 Traditional Retail
5.7.1.1 Market Trends
5.7.1.2 Market Forecast
5.7.2 Supermarkets/Hypermarkets
5.7.2.1 Market Trends
5.7.2.2 Market Forecast
5.7.3 Convenience Stores
5.7.3.1 Market Trends
5.7.3.2 Market Forecast
5.7.4 Online
5.7.4.1 Market Trends
5.7.4.2 Market Forecast
5.7.5 Others
5.7.5.1 Market Trends
5.7.5.2 Market Forecast
5.8 Import and Export
5.8.1 Import by Major Countries
5.8.2 Export by Major Countries
5.9 Market Forecast
6 Global Avocado Processing Market
6.1 Market Overview
6.2 Market Performance
6.3 Impact of COVID-19
6.4 Market Breakup by Product Type
6.4.1 Guacamole
6.4.1.1 Market Trends
6.4.1.2 Market Forecast
6.4.2 Frozen Avocado
6.4.2.1 Market Trends
6.4.2.2 Market Forecast
6.4.3 Avocado Oil
6.4.3.1 Market Trends
6.4.3.2 Market Forecast
6.4.4 Avocado Sauce
6.4.4.1 Market Trends
6.4.4.2 Market Forecast
6.4.5 Others
6.4.5.1 Market Trends
6.4.5.2 Market Forecast
6.5 Market Breakup by Application
6.5.1 Food and Beverages
6.5.1.1 Market Trends
6.5.1.2 Market Forecast
6.5.2 Cosmetics
6.5.2.1 Market Trends
6.5.2.2 Market Forecast
6.5.3 Pharmaceuticals
6.5.3.1 Market Trends
6.5.3.2 Market Forecast
6.5.4 Others
6.5.4.1 Market Trends
6.5.4.2 Market Forecast
6.6 Market Breakup by Region
6.6.1 North America
6.6.1.1 Market Trends
6.6.1.2 Market Forecast
6.6.2 Europe
6.6.2.1 Market Trends
6.6.2.2 Market Forecast
6.6.3 Asia Pacific
6.6.3.1 Market Trends
6.6.3.2 Market Forecast
6.6.4 Middle East and Africa
6.6.4.1 Market Trends
6.6.4.2 Market Forecast
6.6.5 Latin America
6.6.5.1 Market Trends
6.6.5.2 Market Forecast
6.7 Market Breakup by Distribution Channel
6.7.1 Supermarkets and Hypermarkets
6.7.1.1 Market Trends
6.7.1.2 Market Forecast
6.7.2 Convenience Stores
6.7.2.1 Market Trends
6.7.2.2 Market Forecast
6.7.3 Online
6.7.3.1 Market Trends
6.7.3.2 Market Forecast
6.7.4 Others
6.7.4.1 Market Trends
6.7.4.2 Market Forecast
6.8 Market Forecast
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Value Chain Analysis
8.1 Overview
8.2 Research and Development
8.3 Raw Material Procurement
8.4 Manufacturing
8.5 Marketing
8.6 Distribution
8.7 End-Use
9 Porters Five Forces Analysis
9.1 Overview
9.2 Bargaining Power of Buyers
9.3 Bargaining Power of Suppliers
9.4 Degree of Rivalry
9.5 Threat of New Entrants
9.6 Threat of Substitutes
10 Avocado Processing
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Hormel Foods Corporation
11.3.1.1 Company Overview
11.3.1.2 Description
11.3.2 YUCATAN FOODS
11.3.2.1 Company Overview
11.3.2.2 Description
11.3.3 Sabra Dipping Company, LLC
11.3.3.1 Company Overview
11.3.3.2 Description
11.3.4 Calavo Growers, Inc.
11.3.4.1 Company Overview
11.3.4.2 Description
11.3.5 Salud Foodgroup Europe BV
11.3.5.1 Company Overview
11.3.5.2 Description
11.3.6 Olivado
11.3.6.1 Company Overview
11.3.6.2 Description
11.3.7 SPECTRUM ORGANIC PRODUCTS, LLC
11.3.7.1 Company Overview
11.3.7.2 Description
11.3.8 GRUPO INDUSTRIAL BATELLERO S.A. de C.V.
11.3.8.1 Company Overview
11.3.8.2 Description
11.3.9 Sesajal S.A. de C.V.
11.3.9.1 Company Overview
11.3.9.2 Description
11.3.10 The Village Press
11.3.10.1 Company Overview
11.3.10.2 Description
List of Figures
Figure 1: Global: Avocado Processing Market: Major Drivers and Challenges
Figure 2: Global: Avocado Market: Volume Trends (in Million Tons), 2018-2023
Figure 3: Global: Avocado Market: Average Prices (in US$/Ton), 2018-2023
Figure 4: Global: Avocado Market by Type (Hass): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 5: Global: Avocado Market Forecast by Type (Hass): Volume Trends (in ‘000 Tons), 2024-2032
Figure 6: Global: Avocado Market by Type (Feurte): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 7: Global: Avocado Market Forecast by Type (Feurte): Volume Trends (in ‘000 Tons), 2024-2032
Figure 8: Global: Avocado Market by Type (Bacon): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 9: Global: Avocado Market Forecast by Type (Bacon): Volume Trends (in ‘000 Tons), 2024-2032
Figure 10: Global: Avocado Market by Type (Choquette): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 11: Global: Avocado Market Forecast by Type (Choquette): Volume Trends (in ’000 Tons), 2024-2032
Figure 12: Global: Avocado Market by Type (Gwen): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 13: Global: Avocado Market Forecast by Type (Gwen): Volume Trends (in ‘000 Tons), 2024-2032
Figure 14: Global: Avocado Market by Type (Others): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 15: Global: Avocado Market Forecast by Type (Others): Volume Trends (in ‘000 Tons), 2024-2032
Figure 16: Mexico: Avocado Market: Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 17: Mexico: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2024-2032
Figure 18: Dominican Republic: Avocado Market: Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 19: Dominican Republic: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2024-2032
Figure 20: Peru: Avocado Market: Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 21: Peru: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2024-2032
Figure 22: Colombia: Avocado Market: Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 23: Colombia: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2024-2032
Figure 24: Indonesia: Avocado Market: Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 25: Indonesia: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2024-2032
Figure 26: Others: Avocado Market: Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 27: Others: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2024-2032
Figure 28: Global: Avocado Market by End Use (Fresh): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 29: Global: Avocado Market Forecast by End Use (Fresh): Volume Trends (in ‘000 Tons), 2024-2032
Figure 30: Global: Avocado Market by End Use (Processed): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 31: Global: Avocado Market Forecast by End Use (Processed): Volume Trends (in ‘000 Tons), 2024-2032
Figure 32: Global: Avocado Market by Distribution Channel (Traditional Retail): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 33: Global: Avocado Market Forecast by Distribution Channel (Traditional Retail): Volume Trends (in ‘000 Tons), 2024-2032
Figure 34: Global: Avocado Market by Distribution Channel (Supermarkets/ Hypermarkets): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 35: Global: Avocado Market Forecast by Distribution Channel (Supermarkets/ Hypermarkets): Volume Trends (in ‘000 Tons), 2024-2032
Figure 36: Global: Avocado Market by Distribution Channel (Convenience Stores): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 37: Global: Avocado Market Forecast by Distribution Channel (Convenience Stores): Volume Trends (in ‘000 Tons), 2024-2032
Figure 38: Global: Avocado Market by Distribution Channel (Online): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 39: Global: Avocado Market Forecast by Distribution Channel (Online): Volume Trends (in ‘000 Tons), 2024-2032
Figure 40: Global: Avocado Market by Distribution Channel (Others): Volume Trends (in ‘000 Tons), 2018 & 2023
Figure 41: Global: Avocado Market Forecast by Distribution Channel (Others): Volume Trends (in ‘000 Tons), 2024-2032
Figure 42: Global: Avocado: Import Breakup by Country (in %), 2022
Figure 43: Global: Avocado: Export Breakup by Country (in %), 2022
Figure 44: Global: Avocado Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 45: Global: Avocado Processing Market: Value Trends (in Billion US$), 2018-2023
Figure 46: Global: Avocado Processing Market by Product Type (Guacamole): Value Trends (in Million US$), 2018 & 2023
Figure 47: Global: Avocado Processing Market Forecast by Product Type (Guacamole): Value Trends (in Million US$), 2024-2032
Figure 48: Global: Avocado Processing Market by Product Type (Frozen Avocado): Value Trends (in Million US$), 2018 & 2023
Figure 49: Global: Avocado Processing Market Forecast by Product Type (Frozen Avocado): Value Trends (in Million US$), 2024-2032
Figure 50: Global: Avocado Processing Market by Product Type (Avocado Oil): Value Trends (in Million US$), 2018 & 2023
Figure 51: Global: Avocado Processing Market Forecast by Product Type (Avocado Oil): Value Trends (in Million US$), 2024-2032
Figure 52: Global: Avocado Processing Market by Product Type (Avocado Sauce): Value Trends (in Million US$), 2018 & 2023
Figure 53: Global: Avocado Processing Market Forecast by Product Type (Avocado Sauce): Value Trends (in Million US$), 2024-2032
Figure 54: Global: Avocado Processing Market by Product Type (Others): Value Trends (in Million US$), 2018 & 2023
Figure 55: Global: Avocado Processing Market Forecast by Product Type (Others): Value Trends (in Million US$), 2024-2032
Figure 56: Global: Avocado Processing Market by Application (Food and Beverages): Value Trends (in Million US$), 2018 & 2023
Figure 57: Global: Avocado Processing Market Forecast by Application (Food and Beverages): Value Trends (in Million US$), 2024-2032
Figure 58: Global: Avocado Processing Market by Application (Cosmetics): Value Trends (in Million US$), 2018 & 2023
Figure 59: Global: Avocado Processing Market Forecast by Application (Cosmetics): Value Trends (in Million US$), 2024-2032
Figure 60: Global: Avocado Processing Market by Application (Pharmaceuticals): Value Trends (in Million US$), 2018 & 2023
Figure 61: Global: Avocado Processing Market Forecast by Application (Pharmaceuticals): Value Trends (in Million US$), 2024-2032
Figure 62: Global: Avocado Processing Market by Application (Others): Value Trends (in Million US$), 2018 & 2023
Figure 63: Global: Avocado Processing Market Forecast by Application (Others): Value Trends (in Million US$), 2024-2032
Figure 64: North America: Avocado Processing Market: Value Trends (in Million US$), 2018 & 2023
Figure 65: North America: Avocado Processing Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 66: Europe: Avocado Processing Market: Value Trends (in Million US$), 2018 & 2023
Figure 67: Europe: Avocado Processing Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 68: Asia Pacific: Avocado Processing Market: Value Trends (in Million US$), 2018 & 2023
Figure 69: Asia Pacific: Avocado Processing Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 70: Middle East and Africa: Avocado Processing Market: Value Trends (in Million US$), 2018 & 2023
Figure 71: Middle East and Africa: Avocado Processing Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 72: Latin America: Avocado Processing Market: Value Trends (in Million US$), 2018 & 2023
Figure 73: Latin America: Avocado Processing Market Forecast: Value Trends (in Million US$), 2024-2032
Figure 74: Global: Avocado Processing Market by Distribution Channel (Supermarkets/ Hypermarkets): Value Trends (in Million US$), 2018 & 2023
Figure 75: Global: Avocado Processing Market Forecast by Distribution Channel (Supermarkets/ Hypermarkets): Value Trends (in Million US$), 2024-2032
Figure 76: Global: Avocado Processing Market by Distribution Channel (Convenience Stores): Value Trends (in Million US$), 2018 & 2023
Figure 77: Global: Avocado Processing Market Forecast by Distribution Channel (Convenience Stores): Value Trends (in Million US$), 2024-2032
Figure 78: Global: Avocado Processing Market by Distribution Channel (Online): Value Trends (in Million US$), 2018 & 2023
Figure 79: Global: Avocado Processing Market Forecast by Distribution Channel (Online): Value Trends (in Million US$), 2024-2032
Figure 80: Global: Avocado Processing Market by Distribution Channel (Others): Value Trends (in Million US$), 2018 & 2023
Figure 81: Global: Avocado Processing Market Forecast by Distribution Channel (Others): Value Trends (in Million US$), 2024-2032
Figure 82: Global: Avocado Processing Market Forecast: Value Trends (in Billion US$), 2024-2032
Figure 83: Global: Avocado Processing Industry: SWOT Analysis
Figure 84: Global: Avocado Processing Industry: Value Chain Analysis
Figure 85: Global: Avocado Processing Industry: Porter’s Five Forces Analysis
Figure 86: Avocado Processing Industry: Profit Margins at Various Levels of the Supply Chain
Figure 87: Processed Avocado Manufacturing Process: Process Flow
List of Tables
Table 1: Global: Avocado Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Avocado Market Forecast: Breakup by Type (in ‘000 Tons), 2024-2032
Table 3: Global: Avocado Market Forecast: Breakup by Region (in ‘000 Tons), 2024-2032
Table 4: Global: Avocado Market Forecast: Breakup by End Use (in ‘000 Tons), 2024-2032
Table 5: Global: Avocado Market Forecast: Breakup by Distribution Channel (in ‘000 Tons), 2024-2032
Table 6: Global: Avocado: Import Data by Country, 2022
Table 7: Global: Avocado: Export Data by Country, 2022
Table 8: Global: Avocado Processing Market: Key Industry Highlights, 2023 & 2032
Table 9: Global: Avocado Processing Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
Table 10: Global: Avocado Processing Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 11: Global: Avocado Processing Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 12: Global: Avocado Processing Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 13: Processed Avocado: Raw Material Requirements
Table 14: Global: Avocado Processing Market Structure
Table 15: Global: Avocado Processing Market: Key Players

Companies Mentioned

  • Hormel Foods Corporation
  • YUCATAN FOODS
  • Sabra Dipping Company LLC
  • Calavo Growers Inc.
  • Salud Foodgroup Europe BV
  • Olivado
  • SPECTRUM ORGANIC PRODUCTS LLC
  • GRUPO INDUSTRIAL BATELLERO S.A. de C.V.
  • Sesajal S.A. de C.V.
  • The Village Press

Methodology

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Table Information

Report AttributeDetails
No. of Pages142
PublishedJanuary 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 2.4 Billion
Forecasted Market Value ( USD ) by 2032 $ 4.4 Billion
Compound Annual Growth Rate7.2%
Regions CoveredGlobal
No. of Companies Mentioned10

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About the Market

The avocado processing market is a subset of the broader fruit and vegetables industry, focusing on transforming raw avocados into various formats for consumption, both for direct retail and as an ingredient in food manufacturing. This sector includes processes such as washing, peeling, pitting, slicing, dicing, mashing, and packaging of avocados. There is a diverse range of end products, including guacamole, frozen avocado halves, avocado oil, dried and powdered forms, and purees. The demand within the avocado processing market is driven by the popularity of avocados among health-conscious consumers due to their beneficial fats, versatility in recipes, and the expansion of culinary traditions that feature avocados prominently, notably from Mexican cuisine. Another factor influencing the market is the development of innovative processing technologies that help in extending the shelf-life and maintaining the quality of avocado products. Several companies are active in the avocado processing market. Some of these include Calavo Growers, Inc., a leading player in the industry known for its range of avocado products; Westfalia Fruit, a worldwide supplier of avocados and processed avocado products; Del Rey Avocado Company, which offers a variety of avocado-related goods; and Mission Produce, one of the largest distributors and growers of avocados. These firms are complemented by others in the sector, working to satisfy the diverse needs of consumers for avocado products. Show Less Read more

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