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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1206531
PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1206531
Avocado Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The global avocado processing market size reached US$ 2.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.8% during 2023-2028.
Avocado is used for the confection of baked products (such as cakes), to elaborate fine soup mixes, appetizers, and in the production of cosmetics (oils, skin lotions, soaps, shampoos, etc.) due to its oil content. Avocado can be processed into several products such as guacamole, avocado oils, avocado sauce, frozen products, etc.
A number of broad drivers and trends are currently driving the growth of global avocado processing market. These include rising disposable incomes, changing lifestyles, broadening of food habits, rising demand of processed foods, increasing cosmetic applications, etc. With the confluence of increasing trend of westernization of food patterns and acceptance of different cuisines along with burgeoning middle-class population, the consumption of avocado is rising across the globe. Moreover, the nutritional and health benefits associated with the consumption of avocado is also driving its demand. Avocado is rich in oleic acid, reduces cholesterol and improves heart health, acts as an antioxidant, improves skin, enhances wound healing, and neutralizes free radicals.
Key Market Segmentation:
- IMARC Group 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 2023-2028. Our report has categorized the market based on product type, application and distribution channel.
Breakup by Product Type:
- Guacamole
- Avocado Oil
- Frozen Avocado
- Avocado Sauce
- Others
- Guacamole currently accounts for the largest share in the avocado processing market.
Breakup by Application:
- Food and Beverages
- Cosmetics
- Pharmaceuticals
- Others
- Food and Beverages currently account for the largest share in the market.
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
- North America currently represents the largest market.
Competitive Landscape:
The competitive landscape of the global avocado processing market has also been analyzed. Some of the leading players operating in the market are:
- 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
Key Questions Answered in This Report:
- 1. What was the size of the global avocado processing market in 2022?
- 2. What is the expected growth rate of the global avocado processing market during 2023-2028?
- 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?
Product Code: SR1323A03_Report
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
- 5.4.1 Hass
- 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
- 5.5.1 Mexico
- 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
- 5.6.1 Fresh
- 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
- 5.7.1 Traditional Retail
- 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
- 6.4.1 Guacamole
- 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
- 6.5.1 Food and Beverages
- 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
- 6.6.1 North America
- 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
- 6.7.1 Supermarkets and Hypermarkets
- 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
- 11.3.1 Hormel Foods Corporation
Product Code: SR1323A03_Report
List of Figures
- Figure 1: Global: Avocado Processing Market: Major Drivers and Challenges
- Figure 2: Global: Avocado Market: Volume Trends (in Million Tons), 2017-2022
- Figure 3: Global: Avocado Market: Average Prices (in US$/Ton), 2017-2022
- Figure 4: Global: Avocado Market by Type (Hass): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 5: Global: Avocado Market Forecast by Type (Hass): Volume Trends (in '000 Tons), 2023-2028
- Figure 6: Global: Avocado Market by Type (Feurte): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 7: Global: Avocado Market Forecast by Type (Feurte): Volume Trends (in '000 Tons), 2023-2028
- Figure 8: Global: Avocado Market by Type (Bacon): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 9: Global: Avocado Market Forecast by Type (Bacon): Volume Trends (in '000 Tons), 2023-2028
- Figure 10: Global: Avocado Market by Type (Choquette): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 11: Global: Avocado Market Forecast by Type (Choquette): Volume Trends (in '000 Tons), 2023-2028
- Figure 12: Global: Avocado Market by Type (Gwen): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 13: Global: Avocado Market Forecast by Type (Gwen): Volume Trends (in '000 Tons), 2023-2028
- Figure 14: Global: Avocado Market by Type (Others): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 15: Global: Avocado Market Forecast by Type (Others): Volume Trends (in '000 Tons), 2023-2028
- Figure 16: Mexico: Avocado Market: Volume Trends (in '000 Tons), 2017 & 2022
- Figure 17: Mexico: Avocado Market Forecast: Volume Trends (in '000 Tons), 2023-2028
- Figure 18: Dominican Republic: Avocado Market: Volume Trends (in '000 Tons), 2017 & 2022
- Figure 19: Dominican Republic: Avocado Market Forecast: Volume Trends (in '000 Tons), 2023-2028
- Figure 20: Peru: Avocado Market: Volume Trends (in '000 Tons), 2017 & 2022
- Figure 21: Peru: Avocado Market Forecast: Volume Trends (in '000 Tons), 2023-2028
- Figure 22: Colombia: Avocado Market: Volume Trends (in '000 Tons), 2017 & 2022
- Figure 23: Colombia: Avocado Market Forecast: Volume Trends (in '000 Tons), 2023-2028
- Figure 24: Indonesia: Avocado Market: Volume Trends (in '000 Tons), 2017 & 2022
- Figure 25: Indonesia: Avocado Market Forecast: Volume Trends (in '000 Tons), 2023-2028
- Figure 26: Others: Avocado Market: Volume Trends (in '000 Tons), 2017 & 2022
- Figure 27: Others: Avocado Market Forecast: Volume Trends (in '000 Tons), 2023-2028
- Figure 28: Global: Avocado Market by End Use (Fresh): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 29: Global: Avocado Market Forecast by End Use (Fresh): Volume Trends (in '000 Tons), 2023-2028
- Figure 30: Global: Avocado Market by End Use (Processed): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 31: Global: Avocado Market Forecast by End Use (Processed): Volume Trends (in '000 Tons), 2023-2028
- Figure 32: Global: Avocado Market by Distribution Channel (Traditional Retail): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 33: Global: Avocado Market Forecast by Distribution Channel (Traditional Retail): Volume Trends (in '000 Tons), 2023-2028
- Figure 34: Global: Avocado Market by Distribution Channel (Supermarkets/ Hypermarkets): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 35: Global: Avocado Market Forecast by Distribution Channel (Supermarkets/ Hypermarkets): Volume Trends (in '000 Tons), 2023-2028
- Figure 36: Global: Avocado Market by Distribution Channel (Convenience Stores): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 37: Global: Avocado Market Forecast by Distribution Channel (Convenience Stores): Volume Trends (in '000 Tons), 2023-2028
- Figure 38: Global: Avocado Market by Distribution Channel (Online): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 39: Global: Avocado Market Forecast by Distribution Channel (Online): Volume Trends (in '000 Tons), 2023-2028
- Figure 40: Global: Avocado Market by Distribution Channel (Others): Volume Trends (in '000 Tons), 2017 & 2022
- Figure 41: Global: Avocado Market Forecast by Distribution Channel (Others): Volume Trends (in '000 Tons), 2023-2028
- Figure 42: Global: Avocado: Import Breakup by Country (in %), 2021
- Figure 43: Global: Avocado: Export Breakup by Country (in %), 2021
- Figure 44: Global: Avocado Market Forecast: Volume Trends (in Million Tons), 2023-2028
- Figure 45: Global: Avocado Processing Market: Value Trends (in Billion US$), 2017-2022
- Figure 46: Global: Avocado Processing Market by Product Type (Guacamole): Value Trends (in Million US$), 2017 & 2022
- Figure 47: Global: Avocado Processing Market Forecast by Product Type (Guacamole): Value Trends (in Million US$), 2023-2028
- Figure 48: Global: Avocado Processing Market by Product Type (Frozen Avocado): Value Trends (in Million US$), 2017 & 2022
- Figure 49: Global: Avocado Processing Market Forecast by Product Type (Frozen Avocado): Value Trends (in Million US$), 2023-2028
- Figure 50: Global: Avocado Processing Market by Product Type (Avocado Oil): Value Trends (in Million US$), 2017 & 2022
- Figure 51: Global: Avocado Processing Market Forecast by Product Type (Avocado Oil): Value Trends (in Million US$), 2023-2028
- Figure 52: Global: Avocado Processing Market by Product Type (Avocado Sauce): Value Trends (in Million US$), 2017 & 2022
- Figure 53: Global: Avocado Processing Market Forecast by Product Type (Avocado Sauce): Value Trends (in Million US$), 2023-2028
- Figure 54: Global: Avocado Processing Market by Product Type (Others): Value Trends (in Million US$), 2017 & 2022
- Figure 55: Global: Avocado Processing Market Forecast by Product Type (Others): Value Trends (in Million US$), 2023-2028
- Figure 56: Global: Avocado Processing Market by Application (Food and Beverages): Value Trends (in Million US$), 2017 & 2022
- Figure 57: Global: Avocado Processing Market Forecast by Application (Food and Beverages): Value Trends (in Million US$), 2023-2028
- Figure 58: Global: Avocado Processing Market by Application (Cosmetics): Value Trends (in Million US$), 2017 & 2022
- Figure 59: Global: Avocado Processing Market Forecast by Application (Cosmetics): Value Trends (in Million US$), 2023-2028
- Figure 60: Global: Avocado Processing Market by Application (Pharmaceuticals): Value Trends (in Million US$), 2017 & 2022
- Figure 61: Global: Avocado Processing Market Forecast by Application (Pharmaceuticals): Value Trends (in Million US$), 2023-2028
- Figure 62: Global: Avocado Processing Market by Application (Others): Value Trends (in Million US$), 2017 & 2022
- Figure 63: Global: Avocado Processing Market Forecast by Application (Others): Value Trends (in Million US$), 2023-2028
- Figure 64: North America: Avocado Processing Market: Value Trends (in Million US$), 2017 & 2022
- Figure 65: North America: Avocado Processing Market Forecast: Value Trends (in Million US$), 2023-2028
- Figure 66: Europe: Avocado Processing Market: Value Trends (in Million US$), 2017 & 2022
- Figure 67: Europe: Avocado Processing Market Forecast: Value Trends (in Million US$), 2023-2028
- Figure 68: Asia Pacific: Avocado Processing Market: Value Trends (in Million US$), 2017 & 2022
- Figure 69: Asia Pacific: Avocado Processing Market Forecast: Value Trends (in Million US$), 2023-2028
- Figure 70: Middle East and Africa: Avocado Processing Market: Value Trends (in Million US$), 2017 & 2022
- Figure 71: Middle East and Africa: Avocado Processing Market Forecast: Value Trends (in Million US$), 2023-2028
- Figure 72: Latin America: Avocado Processing Market: Value Trends (in Million US$), 2017 & 2022
- Figure 73: Latin America: Avocado Processing Market Forecast: Value Trends (in Million US$), 2023-2028
- Figure 74: Global: Avocado Processing Market by Distribution Channel (Supermarkets/ Hypermarkets): Value Trends (in Million US$), 2017 & 2022
- Figure 75: Global: Avocado Processing Market Forecast by Distribution Channel (Supermarkets/ Hypermarkets): Value Trends (in Million US$), 2023-2028
- Figure 76: Global: Avocado Processing Market by Distribution Channel (Convenience Stores): Value Trends (in Million US$), 2017 & 2022
- Figure 77: Global: Avocado Processing Market Forecast by Distribution Channel (Convenience Stores): Value Trends (in Million US$), 2023-2028
- Figure 78: Global: Avocado Processing Market by Distribution Channel (Online): Value Trends (in Million US$), 2017 & 2022
- Figure 79: Global: Avocado Processing Market Forecast by Distribution Channel (Online): Value Trends (in Million US$), 2023-2028
- Figure 80: Global: Avocado Processing Market by Distribution Channel (Others): Value Trends (in Million US$), 2017 & 2022
- Figure 81: Global: Avocado Processing Market Forecast by Distribution Channel (Others): Value Trends (in Million US$), 2023-2028
- Figure 82: Global: Avocado Processing Market Forecast: Value Trends (in Billion US$), 2023-2028
- Figure 83: Global: Avocado Processing Industry: SWOT Analysis
- Figure 84: Global: Avocado Processing Industry: Value Chain Analysis
- Figure 85: Global: Avocado Processing Industry: Porter's Five Forces Analysis
- Figure 86: Avocado Processing Industry: Profit Margins at Various Levels of the Supply Chain
- Figure 87: Processed Avocado Manufacturing Process: Process Flow
List of Tables
- Table 1: Global: Avocado Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Avocado Market Forecast: Breakup by Type (in '000 Tons), 2023-2028
- Table 3: Global: Avocado Market Forecast: Breakup by Region (in '000 Tons), 2023-2028
- Table 4: Global: Avocado Market Forecast: Breakup by End Use (in '000 Tons), 2023-2028
- Table 5: Global: Avocado Market Forecast: Breakup by Distribution Channel (in '000 Tons), 2023-2028
- Table 6: Global: Avocado: Import Data by Country, 2021
- Table 7: Global: Avocado: Export Data by Country, 2021
- Table 8: Global: Avocado Processing Market: Key Industry Highlights, 2022 and 2028
- Table 9: Global: Avocado Processing Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 10: Global: Avocado Processing Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 11: Global: Avocado Processing Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 12: Global: Avocado Processing Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 13: Processed Avocado: Raw Material Requirements
- Table 14: Global: Avocado Processing Market Structure
- Table 15: Global: Avocado Processing Market: Key Players
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