Quick Summary:
In the fast-evolving global avocado market poised to reach US$23 Billion by 2030, insights into market trends, geographic growth, and competitive environments have never been more vital for businesses looking to stay ahead of the curve. Our latest market research report offers an in-depth analysis of the avocado industry, enabling you to gain a strategic advantage and pinpoint untapped opportunities across several key markets, like the ever-growing Chinese market expected to follow a CAGR of 7.4% and reach a projected market size of US$5.1 billion by the year 2030.
This comprehensive report provides robust coverage of market presence across various geographies and offers a keen understanding of the industry's major players for a competitive angle. With special features such as our online interactive peer-to-peer collaborative bespoke updates and access to our digital archives and research platform, this report becomes a critical tool in your business strategy formulation. This is an impeccable time to re-evaluate strategies and revamp your market understanding with this comprehensive avocado market research report.
Global Avocado Market to Reach $23 Billion by 2030
The global market for Avocado estimated at US$15.8 Billion in the year 2022, is projected to reach a revised size of US$23 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Organic, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$7.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Conventional segment is readjusted to a revised 4.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.2 Billion, While China is Forecast to Grow at 7.4% CAGR
The Avocado market in the U.S. is estimated at US$4.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.1 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.Select Competitors (Total 69 Featured) -
- Brooks Tropicals, Inc.
- Calavo Growers, Inc.
- Costa Group Holdings Ltd.
- Del Rey Avocado Company, Inc.
- Fresh Del Monte Produce, Inc.
- Henry Avocado Corporation
- McDaniel Fruit Co.
- Olivado USA
- Salud Foodgroup Europe B.V.
- Superior Foods Companies
- The Horton Fruit Co., Inc.
- West Pak Avocado Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Avocado?
What is the growth rate of the Global Market for Avocado?
What is the forecasted size of the Global Market for Avocado?
Who are the key companies in the Global Market for Avocado?
| Report Attribute | Details |
|---|---|
| No. of Pages | 337 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 15.8 Billion |
| Forecasted Market Value ( USD | $ 23 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Brooks Tropicals, Inc.
- Calavo Growers, Inc.
- Costa Group Holdings Ltd.
- Del Rey Avocado Company, Inc.
- Fresh Del Monte Produce, Inc.
- Henry Avocado Corporation
- McDaniel Fruit Co.
- Olivado USA
- Salud Foodgroup Europe B.V.
- Superior Foods Companies
- The Horton Fruit Co., Inc.
- West Pak Avocado Inc.
