Market Research Report
Global Avocado Market - Analysis By Type (Hass, Bacon, Others), Distribution Channel, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)
|Published by||Azoth Analytics||Product code||991650|
|Published||Content info||190 Pages
Delivery time: 2-3 business days
|Global Avocado Market - Analysis By Type (Hass, Bacon, Others), Distribution Channel, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)|
|Published: February 28, 2021||Content info: 190 Pages||
Global Avocado Market was valued at USD 9.14 Billion in the year 2020. Rising number of buyers for healthy food products either for clinical reasons or for practicing healthy lifestyle are impelling market growth of avocado. Also, rising middle class population and growing awareness of nutritional value and health benefits among millennials, rising import demand for avocado facilitating the avocado demand. Further, rising availability of ready to eat avocado and enhanced online and offline distribution channel are expected to bolster the Avocado market. Furthermore, customers are becoming more aware of the numerous health benefits associated with the consumption of avocado. This awareness is required to drive much more interest for the superfood, which will shape the business going ahead. This in addition, increase in acceptance and consumption of avocados have been risen as a consequential act of increased advertising and promotion expenditures of avocados in United States has been propelling the market demand.
In European region also, avocados are consumed due to being unique and healthy product with many culinary applications anticipated to infuse growth in the market for avocado during the forecast period of 2021-2026.
Under the Type segment, Hass occupies the large space in avocado market as it provides pleasant, creamy, smooth texture edible fruit covered by a thick dark green, purplish black, and bumpy skin and has wide food applications.
On the basis of Distribution Channel, Online segment holds the highest market share including e-commerce platforms, e-stores, and e-channels, which are providing lucrative platform for the market giants as they can advertise and promote their products easily and get a large audience and increase their reach for the same. Among the regions, Americas is largest market of demanding Avocados.
Americas is expected to show decent growth of avocado consumption due to increase owing to rising import demand for avocados and rising per capita consumption of avocados are bolstering the market growth. Further, the U.S. market, the worldwide market has been driven by an expanded spotlight on healthy food consumption. Furthermore, a developing worldwide working class and higher dispensable salaries empower better weight control plans. Moreover, European region is expected to show tremendous growth due to great potential in countries like France, Germany and Italy.
Additionally, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
List of Tables
Table A: Mexican Avocado Production by State MY 2019/2020
Table B: Prominent Avocado companies operated in North America Market
Table C: Prominent Avocado companies operating in Europe Market
Table D: Prominent Avocado companies operated in Asia Pacific Market
Detailed Table of Contents