Global Avocados Market Forecast, Trend Analysis And Competition Tracking - Global Market insights 2015 to 2031

Avocados Market Introduction:

Avocados are delicious, nutritious fruit that can be eaten on their own or used in many different recipes. They are great for adding flavor and creaminess to dishes like pasta sauces, soups, and salads. Avocado trees grow in subtropical climates around the world and come in many different sizes and colors. The skin of an avocado can be green or black, depending on whether they were harvested when ripe or unripe. Avocado is gaining importance in health science, cosmetics, and pharmaceuticals due to its high results.

Request Covid - 19 Impact

Avocados are a source of vitamins K, E, C, and B6 and riboflavin, niacin, folic acid, pantothenic acid, magnesium, and potassium. They also provide lutein, beta-carotene and omega-3 fatty acids. Avocados may have a range of health benefits, including improving digestion, reducing the risk of depression, and preventing cancer.

Avocado is a type of fruit that can be eaten as a whole, cut into slices, or processed into guacamole. Avocados are high in healthy fats and nutrients like Vitamin E, which can help people with dry skin. Avocados are often used to make guacamole, a popular Mexican dish. They can also be turned into dips and spreads such as aba con queso or eaten raw as a snack. They can be mixed with mayonnaise and sour cream to create a rich and creamy salad dressing that is perfect for topping lettuce, spinach, and tomato.

Global Avocados Market Revenue Outlook:

The global Avocados market was valued at US$ 15.30 Bn in 2020 and is projected to register а САGR of 5.8% by 2031.

Rising Demand for Avocados

The increasing production of avocados, originally from Central America and South America, has been a recent trend in grocery stores. The avocado is now commonplace in kitchens across the world and has become a staple fruit for many people. Although its initial popularity was in California, now avocado is found everywhere from New Jersey to New Zealand to Sweden.

The demand for avocado has been increasing rapidly in the past few years. This can be attributed to the fact that they are very versatile in their uses, and they are also healthy choices which boost their popularity among consumers. Avocados can be used in salads, sandwiches, or even as a topping for tacos or burritos.

Global Avocado Production (Mn Metric Ton) 2000-2019

Source: Prudour, 2021

COVID-19 impact on the Avocados Market

The COVID-19 pandemic has slowed key trade activities in many countries. The outbreak of this particular epidemic has affected the respective supply chains of companies around the world. As major economies have experienced a preventive manufacturing blockade, a considerable gap has been created between market supply and demand, making it difficult for manufacturers and distributors to manage their supply operations. This is a major factor that is expected to have a negative impact on the future revenue growth prospects of the frozen bakery market. The possibility of an upcoming economic recession may also adversely affect future investments in the industry.

Key Challenges To The Avocados Market

Avocado is a popular fruit in many parts of the world, but it can be difficult to grow because avocados have low resistance to environmental extremes. Natural pollinators are necessary for avocado trees to produce fruit. Avocados are susceptible to frost damage, so protecting them from low temperatures is extremely important in optimal growth.

Key Opportunities For Revenue Growth In The Avocados Market

The trend of people demanding avocados is on the rise. This stems from the changing lifestyles of millennials who are more health-conscious and care about what they consume. Demand has increased because millennials are more educated about how to make healthy, innovative dishes with avocados, which gives them a sense of control over their diet. Free-trade agreements between Mexico, Guatemala, Costa Rica, Peru, and South Africa have made it easier for avocado prices to remain stable year-round.

Leading Exporters Of Avocados Worldwide 2020

1. Mexico
2. Netherlands
3. Spain
4. The US
5. Colombia
6. Kenya
7. New Zealand
8. France
9. South Africa
10. Israel

Regional Analysis

North America is expected to have a significant market share among others

The vast majority of avocado production occurs in Mexico and California. The avocado region with the most production is in Mexico. The climate and location of this region allow for the best conditions to grow avocados year-round.

Avocados Import-Export Quantities (Tons) in The US

Source: Prudour, 2021

Competitive Landscape

Some of the major leading players operating in the Avocados market are mentioned below:

• Henry Avocado Corporation
• The Horton Fruit Company
• Fresh Del Monte Produce Inc.
• Superior Foods Companies
• Brooks Tropicals Holdings, Inc.
• Salud Foodgroup Europe B.V.
• Costa Group Holdings Ltd
• West Pak Avocado, Inc.
• Spectrum Organics Products, LLC
• Sesajal S.A de C.V.
• Dipasa USA, Inc.
• Calpure Foods Inc.
• AvoHealth
• Olivado USA
• Other Key Industry Players

Report Scope

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Key Regions Covered

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Segments Covered

Avocados Market, By Nature

• Organic
• Conventional

Avocados Market, By Form

• Raw
• Processed

Avocados Market, By End-Use

• Food
• Cosmetics
• Other End-Uses

Avocados Market, By Distribution Channel

• Hypermarket/Supermarket
• Convenience Stores
• Online Stores
• Other Distribution Channels

• Henry Avocado Corporation
• The Horton Fruit Company
• Fresh Del Monte Produce Inc.
• Superior Foods Companies
• Brooks Tropicals Holdings, Inc.
• Salud Foodgroup Europe B.V.
• Costa Group Holdings Ltd
• West Pak Avocado, Inc.
• Spectrum Organics Products, LLC
• Sesajal S.A de C.V.
• Dipasa USA, Inc.
• Calpure Foods Inc.
• AvoHealth
• Olivado USA
• Other Key Industry Players