
Global Fresh Avocado Market Size, Trends, and Growth Opportunity, By Form (Raw, processed), By Distribution Channel (Retail Store, Specialty Store, Online), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2030
Description
Global Fresh Avocado Market Size, Trends, and Growth Opportunity, By Form (Raw, processed), By Distribution Channel (Retail Store, Specialty Store, Online), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2030.
Global Fresh Avocado Market
The global Fresh Avocado market was valued at USD 16.70 Billion in 2022 and is expected to expand to USD 30.21 Billion in 2030 at a CAGR of 6.40% during the forecast period 2023- 2030.
A fruit that has high nutrition, bright green with a large pit, and dark leathery skin is called an Avocado. It is also called alligator pears.
Market Drivers
One of the major factors that drive the market growth is rising popularity amongst the millennial population as Avocado is measured a perfect food for teenagers on account of its rich content and composition as a healthy snack.
Additionally, growing the retail food business united with the rising product launches of avocado-based products like dips in fast food retailing giants is boosting the market growth.
Market Restraints
The major restraining factor that hampers that market growth is the extensive avocado farming as in Mexico it is triggering water shortages, biodiversity, and even earthquakes which causing environmental havoc. Also, a surge in avocado prices because of the increasing popularity of avocados, and there has been a growing demand over the past few years.
Market Segmentation
The global Fresh Avocado market is segmented based on Form, Distribution Channel, and region. On the basis of Form, it is segmented into Raw, and processed. Based on Distribution Channels, it is segmented into Retail Stores, Specialty Stores, and online. Based on region, it is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis
North America is expected to dominate the global market owing to the existence of key players coupled with the rising number of product launches in this region and increasing awareness about the health benefit of avocados.
Asia Pacific region is also likely to witness substantial growth as the rising popularity of Western cuisine in main cities in China and its demand in the region’s culinary sector. Also, the continued progress of the middle-class population of China and India.
Key Players
Various key players are listed in this report such as Calavo Growers, Inc., West Pak Avocado, Inc., Westfalia Fruit, Mission Produce, Inc., EMPACADORA AVEHASS S.A. DE C.V., Aguacates JBR, Propal, Duclos Farms, AustChilli Group, Simpson Farms.
Industry development
In May 2020, SAN FRANCISCO-based company The Naked Market introduced AvoCrazy, a new plant-based avocado puff snack that is gluten-free, vegan, and non-GMO.
In February 2020, McCormick & Co launched Avocado-flavored mayonnaise and buffalo ranch barbecue sauce to cater to the growing demand.
In October 2022, Westfalia Fruit France announced the construction of a new facility in Graveson, in the Provence area of the south of France. The state-of-the-art facility will have avocado storage and ripening rooms, as well as packing capability to support Westfalia’s pan-Europe operations.
In May 2022, West Pak Avocado, Inc. announced the official launch of the Party Pak of avocados. This bag of jumbo fruit transitions with every season, featuring a new look and a reason to celebrate the goodness of avocados. Festive seasonal packing highlights recipes on the grab-and-go bag.
Market Taxonomy
By Form
· What are the Key Opportunities in the Global Fresh Avocado Market?
· What will be the growth rate from 2023 to 2030?
· Which segment/region will have the highest growth?
· What are the factors that will impact/drive the Market?
· What is the role of key players in the value chain?
Global Fresh Avocado Market
The global Fresh Avocado market was valued at USD 16.70 Billion in 2022 and is expected to expand to USD 30.21 Billion in 2030 at a CAGR of 6.40% during the forecast period 2023- 2030.
A fruit that has high nutrition, bright green with a large pit, and dark leathery skin is called an Avocado. It is also called alligator pears.
Market Drivers
One of the major factors that drive the market growth is rising popularity amongst the millennial population as Avocado is measured a perfect food for teenagers on account of its rich content and composition as a healthy snack.
Additionally, growing the retail food business united with the rising product launches of avocado-based products like dips in fast food retailing giants is boosting the market growth.
Market Restraints
The major restraining factor that hampers that market growth is the extensive avocado farming as in Mexico it is triggering water shortages, biodiversity, and even earthquakes which causing environmental havoc. Also, a surge in avocado prices because of the increasing popularity of avocados, and there has been a growing demand over the past few years.
Market Segmentation
The global Fresh Avocado market is segmented based on Form, Distribution Channel, and region. On the basis of Form, it is segmented into Raw, and processed. Based on Distribution Channels, it is segmented into Retail Stores, Specialty Stores, and online. Based on region, it is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis
North America is expected to dominate the global market owing to the existence of key players coupled with the rising number of product launches in this region and increasing awareness about the health benefit of avocados.
Asia Pacific region is also likely to witness substantial growth as the rising popularity of Western cuisine in main cities in China and its demand in the region’s culinary sector. Also, the continued progress of the middle-class population of China and India.
Key Players
Various key players are listed in this report such as Calavo Growers, Inc., West Pak Avocado, Inc., Westfalia Fruit, Mission Produce, Inc., EMPACADORA AVEHASS S.A. DE C.V., Aguacates JBR, Propal, Duclos Farms, AustChilli Group, Simpson Farms.
Industry development
In May 2020, SAN FRANCISCO-based company The Naked Market introduced AvoCrazy, a new plant-based avocado puff snack that is gluten-free, vegan, and non-GMO.
In February 2020, McCormick & Co launched Avocado-flavored mayonnaise and buffalo ranch barbecue sauce to cater to the growing demand.
In October 2022, Westfalia Fruit France announced the construction of a new facility in Graveson, in the Provence area of the south of France. The state-of-the-art facility will have avocado storage and ripening rooms, as well as packing capability to support Westfalia’s pan-Europe operations.
In May 2022, West Pak Avocado, Inc. announced the official launch of the Party Pak of avocados. This bag of jumbo fruit transitions with every season, featuring a new look and a reason to celebrate the goodness of avocados. Festive seasonal packing highlights recipes on the grab-and-go bag.
Market Taxonomy
By Form
- Raw,
- Processed
- Retail Store
- Specialty Store
- Online
- North America
- The U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest the Middle East & Africa
· What are the Key Opportunities in the Global Fresh Avocado Market?
· What will be the growth rate from 2023 to 2030?
· Which segment/region will have the highest growth?
· What are the factors that will impact/drive the Market?
· What is the role of key players in the value chain?
Table of Contents
241 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Feedstock Forms
- 3 Executive Summary
- 4 Global Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing economic downturn
- 4.2.6 Post covid-19 world Supply& Demand conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Fresh Avocado Market, By Form
- 5.1 Y-o-Y Growth Comparison, By Form
- 5.2 Global Fresh Avocado Market Share Analysis, By Form
- 5.3 Global Fresh Avocado Market Size and Forecast, By Form
- 5.3.1 Raw
- 5.3.2 processed
- 6 Global Fresh Avocado Market, By Distribution Channel
- 6.1 Y-o-Y Growth Comparison, By Distribution Channel
- 6.2 Global Fresh Avocado Market Share Analysis, By Distribution Channel
- 6.3 Global Fresh Avocado Market Size and Forecast, By Distribution Channel
- 6.3.1 Retail Store
- 6.3.2 Specialty Store
- 6.3.3 Online
- 7 Global Fresh Avocado Market, By Region
- 7.1 Global Fresh Avocado Market Share Analysis, By Region
- 7.2 Global Fresh Avocado Market Share Analysis, By Region
- 7.3 Global Fresh Avocado Market Size and Forecast, By Region
- 8 North America Fresh Avocado Market Analysis and Forecast (2023- 2030)
- 8.1 Introduction
- 8.2 North America Card Edge Connecter Market Share Analysis, By Form
- 8.3 North America Card Edge Connecter Market Size and Forecast, By Distribution Channel
- 8.4 North America Card Edge Connecter Market Size and Forecast, By Country
- 8.4.1 U.S.
- 8.4.1.1 Market Size and Forecast, By Form
- 8.4.1.2 Market Size and Forecast, By Distribution Channel
- 8.4.2 Canada
- 8.4.2.1 Market Size and Forecast, By Form
- 8.4.2.2 Market Size and Forecast, By Distribution Channel
- 8.4.3 Mexico
- 8.4.3.1 Market Size and Forecast, By Form
- 8.4.3.2 Market Size and Forecast, By Distribution Channel
- 9 Europe Fresh Avocado Market Analysis and Forecast (2023-2030)
- 9.1 Introduction
- 9.2 Europe Card Edge Connecter Market Share Analysis, By Form
- 9.3 Europe Card Edge Connecter Market Size and Forecast, By Distribution Channel
- 9.4 Europe Card Edge Connecter Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.1.1 Market Size and Forecast, By Form
- 9.4.1.2 Market Size and Forecast, By Distribution Channel
- 9.4.2 France
- 9.4.2.1 Market Size and Forecast, By Form
- 9.4.2.2 Market Size and Forecast, By Distribution Channel
- 9.4.3 UK
- 9.4.3.1 Market Size and Forecast, By Form
- 9.4.3.2 Market Size and Forecast, By Distribution Channel
- 9.4.4 Russia
- 9.4.4.1 Market Size and Forecast, By Form
- 9.4.4.2 Market Size and Forecast, By Distribution Channel
- 9.4.5 Italy
- 9.4.5.1 Market Size and Forecast, By Form
- 9.4.5.2 Market Size and Forecast, By Distribution Channel
- 9.4.6 Spain
- 9.4.6.1 Market Size and Forecast, By Form
- 9.4.6.2 Market Size and Forecast, By Distribution Channel
- 9.4.7 Rest of Europe
- 9.4.7.1 Market Size and Forecast, By Form
- 9.4.7.2 Market Size and Forecast, By Distribution Channel
- 10 Asia Pacific Fresh Avocado Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 Asia Pacific Card Edge Connecter Market Share Analysis, By Form
- 10.3 Asia Pacific Card Edge Connecter Market Size and Forecast, By Distribution Channel
- 10.4 Asia Pacific Card Edge Connecter Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.1.1 Market Size and Forecast, By Form
- 10.4.1.2 Market Size and Forecast, By Distribution Channel
- 10.4.2 Japan
- 10.4.2.1 Market Size and Forecast, By Form
- 10.4.2.2 Market Size and Forecast, By Distribution Channel
- 10.4.3 India
- 10.4.3.1 Market Size and Forecast, By Form
- 10.4.3.2 Market Size and Forecast, By Distribution Channel
- 10.4.4 South Korea
- 10.4.4.1 Market Size and Forecast, By Form
- 10.4.4.2 Market Size and Forecast, By Distribution Channel
- 10.4.5 Australia
- 10.4.5.1 Market Size and Forecast, By Form
- 10.4.5.2 Market Size and Forecast, By Distribution Channel
- 10.4.6 New Zealand
- 10.4.6.1 Market Size and Forecast, By Form
- 10.4.6.2 Market Size and Forecast, By Distribution Channel
- 10.4.7 Singapore
- 10.4.7.1 Market Size and Forecast, By Form
- 10.4.7.2 Market Size and Forecast, By Distribution Channel
- 10.4.8 Malaysia
- 10.4.8.1 Market Size and Forecast, By Form
- 10.4.8.2 Market Size and Forecast, By Distribution Channel
- 10.4.9 Rest of Asia
- 10.4.9.1 Market Size and Forecast, By Form
- 10.4.9.2 Market Size and Forecast, By Distribution Channel
- 11 Latin America Fresh Avocado Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Latin America Card Edge Connecter Market Share Analysis, By Form
- 11.3 Latin America Card Edge Connecter Market Size and Forecast, By Distribution Channel
- 11.4 Latin America Card Edge Connecter Market Size and Forecast, By Country
- 11.4.1 Brazil
- 11.4.1.1 Market Size and Forecast, By Form
- 11.4.1.2 Market Size and Forecast, By Distribution Channel
- 11.4.2 Argentina
- 11.4.2.1 Market Size and Forecast, By Form
- 11.4.2.2 Market Size and Forecast, By Distribution Channel
- 11.4.3 Colombia
- 11.4.3.1 Market Size and Forecast, By Form
- 11.4.3.2 Market Size and Forecast, By Distribution Channel
- 11.4.4 Peru
- 11.4.4.1 Market Size and Forecast, By Form
- 11.4.4.2 Market Size and Forecast, By Distribution Channel
- 11.4.5 Chile
- 11.4.5.1 Market Size and Forecast, By Form
- 11.4.5.2 Market Size and Forecast, By Distribution Channel
- 11.4.6 Venezuela
- 11.4.6.1 Market Size and Forecast, By Form
- 11.4.6.2 Market Size and Forecast, By Distribution Channel
- 11.4.7 Rest of Latin America
- 11.4.7.1 Market Size and Forecast, By Form
- 11.4.7.2 Market Size and Forecast, By Distribution Channel
- 12 Middle East Fresh Avocado Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Middle East Card Edge Connecter Market Share Analysis, By Form
- 12.3 Middle East Card Edge Connecter Market Size and Forecast, By Distribution Channel
- 12.4 Middle East Card Edge Connecter Market Size and Forecast, By Country
- 12.4.1 Saudi Arabia
- 12.4.1.1 Market Size and Forecast, By Form
- 12.4.1.2 Market Size and Forecast, By Distribution Channel
- 12.4.2 UAE
- 12.4.2.1 Market Size and Forecast, By Form
- 12.4.2.2 Market Size and Forecast, By Distribution Channel
- 12.4.3 Egypt
- 12.4.3.1 Market Size and Forecast, By Form
- 12.4.3.2 Market Size and Forecast, By Distribution Channel
- 12.4.4 Kuwait
- 12.4.4.1 Market Size and Forecast, By Form
- 12.4.4.2 Market Size and Forecast, By Distribution Channel
- 12.4.5 South Africa
- 12.4.5.1 Market Size and Forecast, By Form
- 12.4.5.2 Market Size and Forecast, By Distribution Channel
- 12.4.6 Rest of Middle East & Africa
- 12.4.6.1 Market Size and Forecast, By Form
- 12.4.6.2 Market Size and Forecast, By Distribution Channel
- 13 Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14 Company Profiles
- 14.1 Calavo Growers, Inc.
- 14.1.1 Overview
- 14.1.2 Offerings
- 14.1.3 Key Financials
- 14.1.4 Business Segment & Geographic Overview
- 14.1.5 Key Market Developments
- 14.1.6 Key Strategies
- 14.2 West Pak Avocado, Inc.
- 14.2.1 Overview
- 14.2.2 Offerings
- 14.2.3 Key Financials
- 14.2.4 Business Segment & Geographic Overview
- 14.2.5 Key Market Developments
- 14.2.6 Key Strategies
- 14.3 Westfalia Fruit
- 14.3.1 Overview
- 14.3.2 Offerings
- 14.3.3 Key Financials
- 14.3.4 Business Segment & Geographic Overview
- 14.3.5 Key Market Developments
- 14.3.6 Key Strategies
- 14.4 Mission Produce, Inc.
- 14.4.1 Overview
- 14.4.2 Offerings
- 14.4.3 Key Financials
- 14.4.4 Business Segment & Geographic Overview
- 14.4.5 Key Market Developments
- 14.4.6 Key Strategies
- 14.5 EMPACADORA AVEHASS S.A. DE C.V.
- 14.5.1 Overview
- 14.5.2 Offerings
- 14.5.3 Key Financials
- 14.5.4 Business Segment & Geographic Overview
- 14.5.5 Key Market Developments
- 14.5.6 Key Strategies
- 14.6 Aguacates JBR
- 14.6.1 Overview
- 14.6.2 Offerings
- 14.6.3 Key Financials
- 14.6.4 Business Segment & Geographic Overview
- 14.6.5 Key Market Developments
- 14.6.6 Key Strategies
- 14.7 Propal
- 14.7.1 Overview
- 14.7.2 Offerings
- 14.7.3 Key Financials
- 14.7.4 Business Segment & Geographic Overview
- 14.7.5 Key Market Developments
- 14.7.6 Key Strategies
- 14.8 Duclos Farms
- 14.8.1 Overview
- 14.8.2 Offerings
- 14.8.3 Key Financials
- 14.8.4 Business Segment & Geographic Overview
- 14.8.5 Key Market Developments
- 14.8.6 Key Strategies
- 14.9 AustChilli Group
- 14.9.1 Overview
- 14.9.2 Offerings
- 14.9.3 Key Financials
- 14.9.4 Business Segment & Geographic Overview
- 14.9.5 Key Market Developments
- 14.9.6 Key Strategies
- 14.10 Simpson Farms
- 14.10.1 Overview
- 14.10.2 Offerings
- 14.10.3 Key Financials
- 14.10.4 Business Segment & Geographic Overview
- 14.10.5 Key Market Developments
- 14.10.6 Key Strategies
Pricing
Currency Rates
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