Avocado Market – Global Opportunities & Forecast, 2020-2027

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Major Players in Avocado Market:

The leading players in the Avocado Market:

·         MCDANIEL FRUIT CO

·         Henry Avocado Corporation

·         Del Rey Avocado Company, Inc.

·         The Horton Fruit Co., Inc.

·         Fresh Del Monte

·         Superior Foods Companies

·         Brooks Tropicals

·         Salud Foodgroup Europe B.V.

·         Costa Group

·         West Pak Avocado, Inc.

Key Drivers of Avocado Market:

The major factors driving the growth of the avocado market include rising awareness among consumers about health concerns, the increasing focus on healthy lifestyle encouraging the intake of healthy food items, growing use of avocados across various end-use industries, and increasing sales channel of avocados across the globe. Avocados comprise of vitamins A, B, C, E, and K, including 25 essential nutrients. It also consists of phytochemicals, such as beta-sitosterol and antioxidants, beta-carotene, and lycopene. Avocado peel has a maximum concentration of avocados. The vital nutrients present in avocado are increasing the demand for the fruit globally, thus acting as a major driver that is fuelling the growth of the avocado market.

Avocado is known as a heart-healthy super fruit as it contains high monounsaturated fat and dietary fiber levels. The accelerating usage of avocado in salads, smoothies, avocado toast, sandwiches, guacamole, omelets, salsas, tacos, burritos, dips, and ice cream and other desserts, is propelling the market growth. On the other edge of the spectrum, the raised price of the fruit is one major driver hampering the growth of the avocado market.

Avocado Market Segmentation:

The avocado market has been segmented into the following categories:

Avocado Market by Nature:

·         Organic

·         Conventional

Avocado Market by Form:

·         Raw

·         Processed

Avocado Market by End-Use:

·         Food Industry

·         Retail

·         Cosmetic Industry

·         Other

Avocado Market by Sales Channel:

·         Direct

·         Indirect

·         Supermarket/Hypermarket

·         Specialty stores

·         E-retailers

·         Others

Avocado Market by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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