According to the latest report by IMARC Group, titled “Avocado Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” 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 a fruit that has gained popularity worldwide due to its numerous health benefits. As a result, avocado processing has become an essential part of the food industry. It involves the conversion of fresh avocados into different forms, including avocado oil, pulp, puree, and guacamole. The process includes cleaning, peeling, de-stoning, and mashing or pureeing the avocado, which is then processed in blanchers, crushers, mixers, and filling machines. It offers various advantages, including preserving avocados, increasing product shelf life, and producing different avocado-based products. Currently, mechanical and chemical are the two primary types of avocado processing available in the market.
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Global Avocado Processing Market Trends:
Increasing consumer disposable incomes and the escalating demand for processed foods are some of the primary factors accelerating the market growth. Additionally, the rising western influence on food patterns and the increasing acceptance of different cuisines are driving the market growth. Moreover, the shifting inclination toward healthy eating and the surging popularity of plant-based diets are boosting the market growth. In line with this, key market players are investing in advanced processing technology and equipment to improve the efficiency, productivity, and quality of processed avocado products, which, in turn, is propelling the market growth. Apart from this, the escalating product application in cosmetics and the rising awareness about the nutritional benefits of avocados are providing an impetus to the market growth.
Avocado Processing Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the avocado processing market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Wholly
- Yucatan
- Sabra
- PL
- Calvio
- Salud Food Group
- Olivado Group
- Spectrum organics
- Grupo Industrial Batellero
- Sesajal
- The Village Press
Key Market Segmentation:
The report has segmented the global avocado processing market on the basis of product type, application, distribution channel and region.
Breakup by Product Type:
- Guacamole
- Avocado Oil
- Frozen Avocado
- 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:
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
- Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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