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Global Avocado Processing Market to Reach USD 4.44 Billion by 2032, Rising Demand for Processed Avocado

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Global Avocado Processing Market Size, Growth, Forecast: By Product Type: Guacamole, Frozen Avocado, Avocado Oil, Avocado Sauce, Others; By Application: Food and Beverages, Cosmetics, Pharmaceuticals, Others; By Distribution Channel: Supermarkets/Hypermarkets, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Avocado Processing Market Outlook

The global avocado processing market size reached a value of almost USD 2.36 billion in the year 2023. The market is further expected to grow at a CAGR of 7.30% between 2024 and 2032 to reach a value of almost USD 4.44 billion by 2032.

Global Avocado Processing Market

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North America is the leading market for avocado processing globally. This is attributed to the increasing demand for processed avocado products, such as guacamole, frozen avocado, avocado oil, and avocado sauce within the region. The demand for the product is rising owing to several factors, such as its rich oleic acid content, which is a very healthy fat, and its ability to increase the efficiency of the absorption of essential nutrients, decrease cholesterol level, and enhance heart health.

Market Segmentation

Avocado is a product used for various purposes such as confectionery (baking of cakes), preparation of fine soup mixes and appetizers, and as an ingredient in cosmetics such as oils, soaps, skin lotions, shampoos, and other similar products. The fruit can be processed into various products like avocado oils, guacamole, avocado sauce, frozen products, and others.

Global Avocado Processing Market By Application

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The avocado processing market is segmented on the basis of product type into:

Guacamole
Frozen Avocado
Avocado Oil
Avocado Sauce
Others

Currently, guacamole represents the largest share in the avocado processing market.

Based on application, the industry is divided into:

Food and Beverages
Cosmetics
Pharmaceuticals
Others

Amongst these, food and beverages accounts for the largest market share in the industry.

On the basis of distribution channel, the industry is categorised into:

Supermarkets and Hypermarkets
Convenience Stores
Online
Others

The report also covers the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Avocado Processing Market By Region

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Market Analysis

The global avocado processing market is driven by the inflating disposable income and enhancing living standards, especially in the emerging economies. The rising awareness of the benefits of avocado has spurred the demand for avocado processed products in the food and beverage industry and cosmetics and wellness industry. These benefits include the reduction of cholesterol and improvement of heart conditions, owing to the presence of oleic acid. Avocado also acts as an antioxidant, which helps enhance skin, wound healing, and neutralizes free radicals, further enhancing the industry growth of avocado processing. Expanding food habits to include new and exotic items has led to an increase in the industry growth. The introduction of recipes involving the use of the product has provided an impetus to the industry growth. The industry is further being aided by the growing acceptance of western food patterns and different cuisines by the growing middle-class population.

Competitive Landscape

The report gives a detailed analysis of the following key players in the global avocado processing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

Calavo Growers
Olivado Group
Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Product Type Application Distribution Channel Region
Breakup by Product Type	Guacamole Frozen Avocado Avocado Oil Avocado Sauce Others
Breakup by Application	Food and Beverages Cosmetics Pharmaceuticals Others
Breakup by Distribution Channel	Supermarkets and Hypermarkets Convenience Stores Online Others
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	Calavo Growers Olivado Group Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Avocado Market Overview
   8.1   Key Industry Highlights
   8.2   Global Avocado Historical Market (2018-2023)
   8.3   Global Avocado Market Forecast (2024-2032)
   8.4   Global Avocado Market by Type
       8.4.1   Hass
       8.4.2   Fuerte
       8.4.3   Bacon
       8.4.4   Choquette
       8.4.5   Gwen
       8.4.6   Others
   8.5   Global Avocado Market by End Use
       8.5.1   Fresh
       8.5.2   Processed
   8.6   Global Avocado Market by Distribution Channel
       8.6.1   Traditional Retail
       8.6.2   Supermarkets/Hypermarkets
       8.6.3   Convenience Stores
       8.6.4   Online
       8.6.5   Others
   8.7   Trade Data Analysis
       8.7.1   Major Importing Countries
           8.7.1.1   By Volume
           8.7.1.2   By Value
       8.7.2   Major Exporting Countries
           8.7.2.1   By Volume
           8.7.2.2   By Value
   8.8   Avocado Historical Price Trends (2018-2023) and Forecast (2024-2032)
9   Global Avocado Processing Market Analysis
   9.1   Key Industry Highlights
   9.2   Global Avocado Processing Historical Market (2018-2023)
   9.3   Global Avocado Processing Market Forecast (2024-2032)
   9.4   Global Avocado Processing Market by Product Type
       9.4.1   Guacamole
9.4.1.1 Historical Trend (2018-2023)
           9.4.1.2 Forecast Trend (2024-2032)
       9.4.2   Frozen Avocado
9.4.2.1 Historical Trend (2018-2023)
           9.4.2.2 Forecast Trend (2024-2032)
       9.4.3   Avocado Oil
9.4.3.1 Historical Trend (2018-2023)
           9.4.3.2 Forecast Trend (2024-2032)
       9.4.4   Avocado Sauce
9.4.4.1 Historical Trend (2018-2023)
           9.4.4.2 Forecast Trend (2024-2032)
       9.4.5   Others
   9.5   Global Avocado Processing Market by Application
       9.5.1   Food and Beverages
9.5.1.1 Historical Trend (2018-2023)
           9.5.1.2 Forecast Trend (2024-2032)
       9.5.2   Cosmetics
9.5.2.1 Historical Trend (2018-2023)
           9.5.2.2 Forecast Trend (2024-2032)
       9.5.3   Pharmaceuticals
9.5.3.1 Historical Trend (2018-2023)
           9.5.3.2 Forecast Trend (2024-2032)
       9.5.4   Others
   9.6   Global Avocado Processing Market by Distribution Channel
       9.6.1   Supermarkets and Hypermarkets
9.6.1.1 Historical Trend (2018-2023)
           9.6.1.2 Forecast Trend (2024-2032)
       9.6.2   Convenience Stores
9.6.2.1 Historical Trend (2018-2023)
           9.6.2.2 Forecast Trend (2024-2032)
       9.6.3   Online
9.6.3.1 Historical Trend (2018-2023)
           9.6.3.2 Forecast Trend (2024-2032)
       9.6.4   Others
   9.7 Global Avocado Processing Market by Region
       9.7.1 North America
9.7.1.1 Historical Trend (2018-2023)
9.7.1.2 Forecast Trend (2024-2032)
9.7.2 Europe
9.7.2.1 Historical Trend (2018-2023)
9.7.2.2 Forecast Trend (2024-2032)
9.7.3 Asia Pacific
9.7.3.1 Historical Trend (2018-2023)
9.7.3.2 Forecast Trend (2024-2032)
9.7.4 Latin America
9.7.4.1 Historical Trend (2018-2023)
9.7.4.2 Forecast Trend (2024-2032)
9.7.5 Middle East and Africa
9.7.5.1 Historical Trend (2018-2023)
9.7.5.2 Forecast Trend (2024-2032)
10 North America Avocado Processing Market Analysis
10.1 United States of America
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Canada
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Europe Avocado Processing Market Analysis
11.1 United Kingdom
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Germany
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 France
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Italy
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Asia Pacific Avocado Processing Market Analysis
12.1 China
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Japan
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 India
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 ASEAN
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Latin America Avocado Processing Market Analysis
13.1 Brazil
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Argentina
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Mexico
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 Middle East and Africa Avocado Processing Market Analysis
14.1 Saudi Arabia
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 United Arab Emirates
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Nigeria
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 South Africa
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Value Chain Analysis
17 Avocado Processing
17.1 Product Overview
17.2 Raw Material Requirements
17.3 Manufacturing Process
17.4 Key Success and Risk Factors Competitive Landscape
18 Competitive Landscape
18.1 Market Structure
18.2 Key Players Market Share
18.3 Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
18.3.1 Calavo Growers
18.3.1.1 Company Overview
18.3.1.2 Product Portfolio
18.3.1.3 Demographic Reach and Achievements
18.3.1.4 Financial Summary
18.3.1.5 Certifications
18.3.2 Olivado Group
18.3.2.1 Company Overview
18.3.2.2 Product Portfolio
18.3.2.3 Demographic Reach and Achievements
18.3.2.4 Financial Summary
18.3.2.5 Certifications
18.3.3 Others
19 Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Avocado Processing Market: Key Industry Highlights, 2018 and 2032
2.   Global Avocado Processing Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3.   Global Avocado Processing Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4.   Global Avocado Processing Historical Market: Breakup by Application (USD Billion), 2018-2023
5.   Global Avocado Processing Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.   Global Avocado Processing Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7.   Global Avocado Processing Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8.   Global Avocado Processing Historical Market: Breakup by Region (USD Billion), 2018-2023
9.   Global Avocado Processing Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.   North America Avocado Processing Historical Market: Breakup by Country (USD Billion), 2018-2023
11.   North America Avocado Processing Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.   Europe Avocado Processing Historical Market: Breakup by Country (USD Billion), 2018-2023
13.   Europe Avocado Processing Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.   Asia Pacific Avocado Processing Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   Asia Pacific Avocado Processing Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Latin America Avocado Processing Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Latin America Avocado Processing Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Middle East and Africa Avocado Processing Historical Market: Breakup by Country (USD Billion), 2018-2023
19.   Middle East and Africa Avocado Processing Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.   Global Avocado Processing Market Structure

Key Questions Answered in the Report

What was the global avocado processing market size in 2023?

In 2023, the market attained a value of approximately USD 2.36 billion.

What is the growth rate of the global avocado processing market?

The market is projected to grow at a CAGR of 7.30% in the forecast period of 2024-2032.

What is the forecast outlook of the global avocado processing market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 4.44 billion by 2032.

What are the major market drivers?

The major drivers of the market are rising disposable incomes, increasing demand for avocados, growing health consciousness, and increasing consumption of processed food.

What are the key trends of the market?

The rising popularity of organic cosmetics and the globalisation of tastes are expected to be the major trends guiding the market growth.

What are the major regions for avocado processing, according to the market report?

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.

What are the various product types in the market for avocado processing?

The various product types in the market for avocado processing are guacamole, frozen avocado, avocado oil, and avocado sauce, among others.

What are the different applications of avocado processing in the market?

The different applications of avocado processing in the market are food and beverages, cosmetics, and pharmaceuticals, among others.

What are the leading distribution channels in the market?

The major distribution channels in the market are supermarkets and hypermarkets, convenience stores, and online, among others.

Who are the key market players, according to the report?

The leading players in the global avocado processing market are Calavo Growers, and Olivado Group, among others.

Analyst Review

The global avocado processing market attained a value of USD 2.36 billion in 2023 driven by the rising disposable incomes and growing health consciousness. Aided by the rising demand for organic cosmetics, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.30%. The market is projected to reach USD 4.44 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the avocado processing market can be segmented into guacamole, frozen avocado, avocado oil, avocado sauce, and others, with guacamole accounting for the largest market share. On the basis of application, food and beverages sector accounts for the largest market share. Based on distribution channel, the industry is segmented into supermarkets and hypermarkets, convenience stores, online, and others. The major regional markets for avocado processing are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include Calavo Growers, Olivado Group, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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