Avocado Processing Market

Global Avocado Processing Market Analysis, Trends, Growth: 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 2.2 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 3.35 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.

 

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, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
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    Industry Opportunities and Challenges
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    Market Share
            9.4.1.2    Historical Trend (2018-2023)
            9.4.1.3    Forecast Trend (2024-2032)
        9.4.2    Frozen Avocado
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2018-2023)
            9.4.2.3    Forecast Trend (2024-2032)
        9.4.3    Avocado Oil
            9.4.3.1    Market Share
            9.4.3.2    Historical Trend (2018-2023)
            9.4.3.3    Forecast Trend (2024-2032)
        9.4.4    Avocado Sauce
            9.4.4.1    Market Share
            9.4.4.2    Historical Trend (2018-2023)
            9.4.4.3    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    Market Share
            9.5.1.2    Historical Trend (2018-2023)
            9.5.1.3    Forecast Trend (2024-2032)
        9.5.2    Cosmetics
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2018-2023)
            9.5.2.3    Forecast Trend (2024-2032)
        9.5.3    Pharmaceuticals
            9.5.3.1    Market Share
            9.5.3.2    Historical Trend (2018-2023)
            9.5.3.3    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    Market Share
            9.6.1.2    Historical Trend (2018-2023)
            9.6.1.3    Forecast Trend (2024-2032)
        9.6.2    Convenience Stores
            9.6.2.1    Market Share
            9.6.2.2    Historical Trend (2018-2023)
            9.6.2.3    Forecast Trend (2024-2032)
        9.6.3    Online
            9.6.3.1    Market Share
            9.6.3.2    Historical Trend (2018-2023)
            9.6.3.3    Forecast Trend (2024-2032)
        9.6.4    Others
    9.7    Global Avocado Processing Market by Region
        9.7.1    Market Share
            9.7.1.1    North America
            9.7.1.2    Europe
            9.7.1.3    Asia Pacific
            9.7.1.4    Latin America
            9.7.1.5    Middle East and Africa
10    Regional Analysis
    10.1    North America
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
        10.1.3    Breakup by Country
            10.1.3.1    United States of America 
            10.1.3.2    Canada
    10.2    Europe
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
        10.2.3    Breakup by Country
            10.2.3.1    United Kingdom
            10.2.3.2    Germany
            10.2.3.3    France
            10.2.3.4    Italy
            10.2.3.5    Others
    10.3    Asia Pacific
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
        10.3.3    Breakup by Country
            10.3.3.1    China
            10.3.3.2    Japan
            10.3.3.3    India
            10.3.3.4    ASEAN
            10.3.3.5    Australia
            10.3.3.6    Others
    10.4    Latin America
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
        10.4.3    Breakup by Country
            10.4.3.1    Brazil
            10.4.3.2    Argentina
            10.4.3.3    Mexico
            10.4.3.4    Others
    10.5    Middle East and Africa
        10.5.1    Historical Trend (2018-2023)
        10.5.2    Forecast Trend (2024-2032)
        10.5.3    Breakup by Country
            10.5.3.1    Saudi Arabia
            10.5.3.2    United Arab Emirates
            10.5.3.3    Nigeria
            10.5.3.4    South Africa
            10.5.3.5    Others
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyers Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    Key Indicators for Demand
    11.4    Key Indicators for Price
12    Value Chain Analysis
13    Avocado Processing

    13.1    Product Overview
    13.2    Raw Material Requirements
    13.3    Manufacturing Process
    13.4    Key Success and Risk Factors Competitive Landscape
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players Market Share
    14.3    Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
        14.3.1    Calavo Growers
            14.3.1.1    Company Overview
            14.3.1.2    Product Portfolio
            14.3.1.3    Demographic Reach and Achievements
            14.3.1.4    Financial Summary
            14.3.1.5    Certifications
        14.3.2    Olivado Group
            14.3.2.1    Company Overview
            14.3.2.2    Product Portfolio
            14.3.2.3    Demographic Reach and Achievements
            14.3.2.4    Financial Summary
            14.3.2.5    Certifications
        14.3.3    Others
15    Industry Events and Developments


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

In 2023, the market attained a value of approximately USD 2.2 billion.

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

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 3.35 billion by 2032. 

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

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

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

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

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

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

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 2.2 billion in 2022 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 3.35 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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