The global guacamole market size reached US$ 1.3 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 2.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.0% during 2023-2032. Rapid urbanization, the increasing working population, and the rising demand for convenient meals represent some of the key factors driving the market.
Guacamole is a creamy spread or dip made from avocados, lime, onion, chili pepper, garlic, tomato, and seasonings like salt and black pepper. Avocados, the main ingredient in guacamole, are packed with nutrients that can improve brain and liver function, minimize liver damage, promote heart health, prevent strokes, and fight inflammation. Additionally, avocados are a good source of healthy fats that can promote satiety and help individuals stay fuller for longer, which can aid in weight management and reduce visceral abdominal fat. As a result, it serves as a popular condiment and salad ingredient in numerous dishes, adding flavor, creaminess, and nutrition to various culinary creations.
2. What is the expected growth rate of the global guacamole market during 2024-2032?
3. What are the key factors driving the global guacamole market?
4. What has been the impact of COVID-19 on the global guacamole market?
5. What is the breakup of the global guacamole market based on the form?
6. What is the breakup of the global guacamole market based on the end use?
7. What is the breakup of the global guacamole market based on the packaging?
8. What is the breakup of the global guacamole market based on the distribution channel?
9. What are the key regions in the global guacamole market?
10. Who are the key players/companies in the global guacamole market?
Guacamole is a creamy spread or dip made from avocados, lime, onion, chili pepper, garlic, tomato, and seasonings like salt and black pepper. Avocados, the main ingredient in guacamole, are packed with nutrients that can improve brain and liver function, minimize liver damage, promote heart health, prevent strokes, and fight inflammation. Additionally, avocados are a good source of healthy fats that can promote satiety and help individuals stay fuller for longer, which can aid in weight management and reduce visceral abdominal fat. As a result, it serves as a popular condiment and salad ingredient in numerous dishes, adding flavor, creaminess, and nutrition to various culinary creations.
Guacamole Market Trends:
The global guacamole market is experiencing growth due to several factors, including rapid urbanization, an increasing working population, and the rising demand for convenient meals. Moreover, the surging trend of international cuisines and the expansion of fast-food restaurants are facilitating the demand for guacamole in sandwiches, burritos, and salads, which is favoring the market growth. Additionally, the shifting consumer preference towards healthier lifestyles and the consumption of wholesome foods are boosting the market growth. In line with this, the escalating demand for plant-based food products and nutrition-packed snacks served with dips, such as guacamole, are positively influencing the market growth. Furthermore, the penetration of social media platforms and the trend of food vlogging are other factors contributing to the market growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global guacamole market report, along with forecasts at the global and regional level from 2024-2032. The report has categorized the market based on form, end use, packaging and distribution channel.Form Insights:
- Frozen
- Dried
- Ready to Make
End-Use Insights:
- Food Processing Industry
- Food Service Industry
- Households
Packaging Insights:
- Glass Bottles
- Plastic Containers
- Stand Up Pouches
Regional Insights:
- North America
- Europe
- Asia Pacific
- The Middle East and Africa
- Latin America
Distribution Channel Insights:
- Business to Business
- Business to Consumer
- Supermarkets/Hypermarkets
- Convenience Stores
- Online
- Others
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global guacamole market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Wholly, Yucatan, Sabra, Calvio, Salud Food Group, and Westfalia Fruit. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report
1. What was the size of the global guacamole market in 2023?2. What is the expected growth rate of the global guacamole market during 2024-2032?
3. What are the key factors driving the global guacamole market?
4. What has been the impact of COVID-19 on the global guacamole market?
5. What is the breakup of the global guacamole market based on the form?
6. What is the breakup of the global guacamole market based on the end use?
7. What is the breakup of the global guacamole market based on the packaging?
8. What is the breakup of the global guacamole market based on the distribution channel?
9. What are the key regions in the global guacamole market?
10. Who are the key players/companies in the global guacamole market?
Table of Contents
1 Preface3 Executive Summary
2 Scope and Methodology
4 Introduction
5 Global Avocado Processing Market
6 Global Guacamole Market
7 Market Breakup by Form
8 Market Breakup by End Use
9 Market Breakup by Packaging
10 Market Breakup by Region
11 Market Breakup by Distribution Channel
12 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Wholly
- Yucatan
- Sabra
- Calvio
- Salud Food Group and Westfalia Fruit
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 141 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 1.3 Billion |
| Forecasted Market Value ( USD | $ 2.4 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
