Avocado Market By Global Industry Size, Share, Trends, Opportunity and Forecast 2027 - TechSci Research

Global avocado market is expected to grow at a significant rate for the forecast period. Avocado fruit has high nutritional value and is added to a number of dishes owing to its rich texture and flavor which is the major driver for high demand for avocado fruit for the forecast period. Increasing awareness among the consumers regarding the benefits of healthy lifestyle and healthy diet is contributing to surge the demand for avocado fruit across the world. Avocado is gaining popularity among the health-conscious people, and it often referred as super-food.

Avocado is found in different sizes and shapes, and it contains plethora of various vitamins and minerals including vitamin K, folate, vitamin C, potassium, vitamin B5, among others. Avocado is low-carb friendly plat food therefore is in high demand from people who want to shed some weight. Consumption of avocado aids in prevention of several diseases and disorders comprising of heart attack, stroke, kidney failure, reduction in blood pressure thereby it is highly recommended fruit by professionals.

Avocado consists of oleic acid which is also major component of olive oil and is considered significant due to its health benefits. Avocado has low sugar content and high fiber content which is the main reason for its high consumption. Avocado helps in reduction of lower LDL cholesterol, blood triglycerides and increase the presence of HDL cholesterol content in the human body.

Global avocado market is segmented into type, form, nature, application, distribution channel, regional distribution, and company. On the basis of regional analysis, North America is expected to account for major market share for the forecast period, 2023-2027. Presence of tropical weather condition in the region aids in making United States as one of the largest markets for avocado as avocado cannot handle freezing temperature.

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The major players operating in the global avocado market are Calavo Growers Inc., Costa Group Holdings Ltd., Henry Avocado Corporation, West Pak Avocado, Inc., Del Rey Avocado Co. Inc., AvoHealth Limited, Westfalia Fruit (Pty) Ltd., Camposol S.A., Avehass S.A., Del Monte Fresh Produce Co., among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze the historical growth of the market size of global avocado market from 2017 to 2021.
  • To estimate and forecast the market size of global avocado market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global avocado market based on type, form, nature, application, distribution channel, regional distribution, and company.
  • To identify dominant region or segment in the global avocado market.
  • To identify drivers and challenges for global avocado market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global avocado market.
  • To identify and analyze the profile of leading players operating in global avocado market.
  • To identify key sustainable strategies adopted by market players in global avocado market.


TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of producers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the producers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the producers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global avocado market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

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Key Target Audience:

  • Avocado producer companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to avocado market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as producers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Product

·         Form

·         Nature

·         Application

·         Distribution Channel  

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Peru; Saudi Arabia; UAE; South Africa;

Key Companies Profiled

Calavo Growers Inc., Costa Group Holdings Ltd., Henry Avocado Corporation, West Pak Avocado, Inc., Del Rey Avocado Co. Inc., AvoHealth Limited, Westfalia Fruit (Pty) Ltd., Camposol S.A., Avehass S.A., Del Monte Fresh Produce Co.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global avocado market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Global Avocado Market, By Product:

    • Hass
    • Bacon
    • Reed
    • Fuerte
    • Pinkerton
    • Others
      • Brogdon
      • Zutano
  • Global Avocado Market, By Form:
    • Raw
    • Processed
  • Global Avocado Market, By Nature:
    • Conventional
    • Organic
  • Global Avocado Market, By Application:
    • Pharmaceuticals
    • Nutraceuticals
    • Cosmetics
    • Others
  • Global Avocado Market, By Distribution Channel:
    • Direct
      • Online
    • Indirect
      • Supermarket/Hypermarket
      • Specialty Stores
    • Others
      • Drug Stores
      • Convenience Stores
  • Global Avocado Market, By Region:
    • Asia-Pacific
      • China
      • India
      • Japan

§  South Korea

      • Australia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America

§  Brazil

§  Argentina

§  Colombia

§  Peru

o   Middle East & Africa

      • South Africa
      • Saudi Arabia
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global avocado market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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