Executive Summary
Global Avocado Market was valued at USD 9.14 Billion in the year 2020. Rising number of buyers for healthy food products either for clinical reasons or for practicing healthy lifestyle are impelling market growth of avocado. Also, rising middle class population and growing awareness of nutritional value and health benefits among millennials, rising import demand for avocado facilitating the avocado demand. Further, rising availability of ready to eat avocado and enhanced online and offline distribution channel are expected to bolster the Avocado market. Furthermore, customers are becoming more aware of the numerous health benefits associated with the consumption of avocado. This awareness is required to drive much more interest for the superfood, which will shape the business going ahead. This in addition, increase in acceptance and consumption of avocados have been risen as a consequential act of increased advertising and promotion expenditures of avocados in United States has been propelling the market demand.
In European region also, avocados are consumed due to being unique and healthy product with many culinary applications anticipated to infuse growth in the market for avocado during the forecast period of 2021-2026.
Under the Type segment, Hass occupies the large space in avocado market as it provides pleasant, creamy, smooth texture edible fruit covered by a thick dark green, purplish black, and bumpy skin and has wide food applications.
On the basis of Distribution Channel, Online segment holds the highest market share including e-commerce platforms, e-stores, and e-channels, which are providing lucrative platform for the market giants as they can advertise and promote their products easily and get a large audience and increase their reach for the same. Among the regions, Americas is largest market of demanding Avocados.
Americas is expected to show decent growth of avocado consumption due to increase owing to rising import demand for avocados and rising per capita consumption of avocados are bolstering the market growth. Further, the U.S. market, the worldwide market has been driven by an expanded spotlight on healthy food consumption. Furthermore, a developing worldwide working class and higher dispensable salaries empower better weight control plans. Moreover, European region is expected to show tremendous growth due to great potential in countries like France, Germany and Italy.
Scope of the Report
- The report analyses Avocado Market By Value.
- The report analyses Avocado Market By Type (Hass, Bacon and Others).
- The report assesses the Avocado Market By Distribution Channel (Online and Offline).
- The Global Avocado Market has been analysed By Region (North America, Europe, Asia Pacific) and By Country ( )
- The key insights of the report have been presented through the attractiveness of the market has been presented By Type, By Distribution Channel and By Region.
Additionally, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The companies analysed in the report include Calavo Growers, Inc, Mission Produce, Del Rey Avocado Co, Westfalia Fruit, Avehass, Fresh Del Monte Produce Inc., Henry Avocado Corporation, West Pak Avocado Inc., McDaniel Fruit Co and Nature's Touch Frozen Foods.
- The report presents the analysis of avocado market for the historical period of 2016-2020 and the forecast period of 2021-2026.
Key Target Audience
- Food and Beverage Companies
- Consulting and Advisory Firms
- Government and Policy Makers
- Investment Banks and Equity Firms
- Regulatory Authorities
Table of Contents
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Avocado Market: Product Outlook
4. Global Avocado Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2016-2026
5. Global Avocado Market Segmentation By Type (By Value)
5.1 Competitive Scenario of Global Avocado Market - By Type (2020 & 2026)
5.2 Hass Avocado - Market Size and Forecast (2021-2026)
5.3 Bacon Avocado- Market Size and Forecast (2021-2026)
5.4 Others - Market Size and Forecast (2021-2026)
6. Global Avocado Market Segmentation By Distribution Channel (By Value)
6.1 Competitive Scenario of Global Avocado - By Distribution Channel (2020 & 2026)
6.2 Online - Market Size and Forecast (2021-2026)
6.3 Offline- Market Size and Forecast (2021-2026)
7. Global Avocado Market: By Production Capacity (In MT)
8. Global Avocado Market: Regional Analysis
8.1 Competitive Scenario of Global Avocado Market: By Region (2020 & 2026)
9. North America Avocado Market: Segmentation By Type, By Distribution Channel (2021-2026)
9.1 North America Avocado Market: Size and Forecast (2021-2026)
9.2 North America Prominent Companies in Avocado Market
9.3 Market Segmentation By Type (Hass Avocado, Bacon Avocado, Others)
9.4 Market Segmentation By Distribution Channel (Online and Offline)
9.6 North America Avocado Market: Country Analysis
9.7 Market Opportunity Chart of North America Avocado Market - By Country, By Value (Year-2024)
9.8 Competitive Scenario of North America Avocado Market: By Country (2020 & 2026) 9.9 United States Avocado Market: Size and Forecast (2021-2026)
9.10 United States Avocado Market Segmentation By Type, By Distribution Channel(2021-2026)
9.11 Canada Avocado Market: Size and Forecast (2021-2026)
9.12 Canada Avocado Market Segmentation By Type, By Distribution Channel (2021-2026)
10. Europe Avocado Market: Segmentation By Type, By Distribution Channel (2021-2026)
10.1 Europe Avocado Market: Size and Forecast (2021-2026)
10.2 Europe Prominent Companies in Avocado Market
10.3 Market Segmentation By Type (Hass Avocado, Bacon Avocado, Others)
10.4 Market Segmentation By Distribution Channel (Online and Offline)
10.5 Europe Avocado Market: Country Analysis
10.6 Market Opportunity Chart of Europe Avocado Market - By Country, By Value (Year-2024)
10.7 Competitive Scenario of Europe Avocado Market: By Country (2020 & 2026)
10.8 United Kingdom Avocado Market: Size and Forecast (2021-2026)
10.9 United Kingdom Avocado Market Segmentation By Type, By Distribution Channel(2021-2026)
10.10 Netherlands Avocado Market: Size and Forecast (2021-2026)
10.11 Netherlands Avocado Market Segmentation By Type, By Distribution Channel(2021-2026)
10.12 Spain Avocado Market: Size and Forecast (2021-2026)
10.13 Spain Avocado Market Segmentation By Type, By Distribution Channel(2021-2026)
10.14 Germany Avocado Market: Size and Forecast (2021-2026)
10.15 Germany Avocado Market Segmentation By Type, By Distribution Channel(2021-2026)
11. Asia Pacific Avocado Market: Segmentation By Type, By Distribution Channel (2021-2026)
11.1 Asia Pacific Avocado Market: Size and Forecast (2021-2026)
11.2 Asia Pacific Prominent Companies in Avocado Market
11.3 Market Segmentation By Type (Hass Avocado, Bacon Avocado and others)
11.4 Market Segmentation By Distribution Channel (Online and Offline)
11.5 Asia Pacific Avocado Market: Country Analysis
11.6 Market Opportunity Chart of Asia Pacific Avocado Market - By Country, By Value (Year-2024)
11.7 Competitive Scenario of Asia Pacific Avocado Market: By Country (2020 & 2026) 1
1.8 China Avocado Market: Size and Forecast (2021-2026)
11.9 China Avocado Market Segmentation By Type, By Distribution Channel( 2021-2026)
11.10 South Korea Avocado Market: Size and Forecast (2021-2026)
11.11 South Korea Avocado Market Segmentation By Type, By Distribution Channel (2021-2026)
11.12 India Avocado Market: Size and Forecast (2021-2026)
11.13 India Avocado Market Segmentation By Type, By Distribution Channel (2021-2026)
11.14 Japan Avocado Market: Size and Forecast (2021-2026)
11.15 Japan Avocado Market Segmentation By Type, By Distribution Channel (2021-2026)
12. Global Avocado Market Dynamics
12.1 Global Avocado Market Drivers
12.2 Global Avocado Market Restraints
12.3 Global Avocado Market Trends
13. Market Attractiveness
13.1 Market Attractiveness Chart of Global Avocado Market - By Type (Year 2026)
13.2 Market Attractiveness Chart of Global Avocado Market - By Distribution Channel (Year 2026)
13.3 Market Attractiveness Chart of Global Avocado Market - By Region, By Value, (Year-2024)
13.4 Strategic Analysis
13.4.1 Mergers and Acquisitions
14. Competitive Analysis
14.1 Market Share Analysis
15. Company Profiles (Business Description, Financial Analysis, Business Strategy)
15.1 Calavo Growers, Inc
15.2 Mission Produce
15.3 Del Rey Avocado Co
15.4 Westfalia Fruit
15.5 Avehass
15.6 Fresh Del Monte Produce Inc.
15.7 Henry Avocado Corporation
15.8 West Pak Avocado Inc.
15.9 McDaniel Fruit Co
15.10 Nature's Touch Frozen Foods
List of Figures
Figure 1: Global Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 2: World fruit production by commodity - Area in hectares, 2015-2018
Figure 3: Area harvested by Apples, Apricots and Avocados in Central America (In Hectares)
Figure 4: Production of Apples, Apricots and Avocados in Central America (In tonnes)
Figure 5: Area harvested by Apples, Apricots and Avocados in Southern America (In Hectares)
Figure 6: Production of Apples, Apricots and Avocados in Southern America (In tonnes)
Figure 7: World fruit production by commodity - volume in metric tonnes
Figure 8: Countries With Highest Percentage of Vegans, 2019, (In %)
Figure 9: Healthcare Expenditure (Share of GDP), By Selected Country, 2013-2017 (In %)
Figure 10: Obese Population, By Country, 2017 (In Millions)
Figure 11: Worldwide Number of Individuals with Upper Middle-Class income, 2014-2018 ( in Billions)
Figure 12: Worldwide Number of Individuals with Middle-Class income, 2014-2018 (in Billions)
Figure 13: Global, Urban population (% of total population), 2015-2019
Figure 14: Global Food Retail Market, By Value, 2015-2019 (In USD Billions)
Figure 15: Global Internet Users 2015-2019, 2015-2019 (In USD Billions)
Figure 16: Global Avocado Market- By Type (2020 & 2026)
Figure 17: Global Avocado Market - By Hass Avocado, By Value (USD Million), 2016-2026
Figure 18: Global Avocado Market- By Bacon Avocado, By Value (USD Million), 2016-2026
Figure 19: Global Avocado Market- By Others, By Value (USD Million), 2016-2026
Figure 20: Global Avocado Market- By Distribution Channel (2020 & 2026)
Figure 21: Global Avocado Market- By Online, By Value (In USD Million), 2016-2026
Figure 22: Global Avocado Market- By Offline, By Value (In USD Million), 2016-2026
Figure 23: Global Avocado Production Capacity, By Volume, 2016-2026 (In MT )
Figure 24: Global Avocado Market- By Region (2020 & 2026)
Figure 25: North America Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 26: North America GDP per Capita, 2014-2018 (In USD)
Figure 27: North America Gross domestic product, 2014-2018 (USD Trillion)
Figure 28: Area harvested by Apples, Apricots and Avocados in North America (In Hectares)
Figure 29: North America Production of Apples, Apricots and Avocados (In tonnes)
Figure 30: North America Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 31: North America Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 32: Market Opportunity Chart of North America Avocado Market - By Country, By Value (Year-2024)
Figure 33: North America Avocado Market- By Country (2020 & 2026)
Figure 34: United States Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 35: Area harvested by Avocados in United States (In Hectares)
Figure 36: Production of Avocados in United States (In tonnes)
Figure 37: Avocado Import in United States in volume in million MT, 2014-2019
Figure 38: US Total Retail & Food Service Sales In USA 2015-2019 (In USD Trillion)
Figure 39: US, Online Grocery Sales, 2014-2018, (USD Billion)
Figure 40: United States Prevalence of Diabetes Type II, 2014-2017 (In Millions)
Figure 41: Medical and Healthcare Research & Development Spending, 2013-2016 (In USD Million)
Figure 42: United States, GDP (In USD Trillion), 2015-2019
Figure 43: United States, Urban population (% of total population), 2015-2019
Figure 44: United States, Final consumption expenditure (current USD Trillion), 2015-2019
Figure 45: United States Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 46: United States Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 47: Canada Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 48: Top 5 sources of Canada’s fresh fruit imports (In %), 2019
Figure 49: Avocado consumption per person in Canada (kg per person), 2019
Figure 50: Fruit marketed volume by commodity, (In %), 2019
Figure 51: Percentage share of Canada’s top 10 fruit export destinations,2019
Figure 52: Canadian Fruit import by volume by commodity,(In metric tonnes), 2019
Figure 53: Canada, Expenditure on Health as a share, of GDP, 2012-2017 (in %)
Figure 54: Canada, Per Capita Healthcare Expenditure, 2012-2017 (USD)
Figure 55: Canada, Population ages 65 and above, 2012-2017 (% of total)
Figure 56: Canada Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 57: Canada Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 58: Europe Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 59: Area harvested by Apples, Apricots, Avocados and Bananas in Europe (In Hectares)
Figure 60: Production of Apples, Apricots, Avocados and Bananas in Europe (In tonnes)
Figure 61: European Union, GDP (In USD Trillion), 2015-2019
Figure 62: European Union, Urban population (% of total population), 2015-2019
Figure 63: European Union, Final consumption expenditure (current USD Trillion), 2015-2019
Figure 64: Prevalence of Diabetes (Age 18+), 2017 & 2045E (In Million)
Figure 65: Diabetes Prevalence (% of population ages 20 to 79), By Select Country, 2017
Figure 66: Europe Population ages 65 years and above (% of total population), 2015-2019 Figure
67: Europe Cancer Statistics, 2018
Figure 68: Europe Per Capita Health Expenditure, By Select Country, 2017 (USD)
Figure 69: Europe Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 70: Europe Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 71: Market Opportunity Chart of Avocado Market - By Country, By Value (Year-2026) Figure
72: Europe Avocado Market- By Country (2020 & 2026)
Figure 73: United Kingdom Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 74: Dried and fresh Avocado Import in United Kingdom in volume in million MT, 2014-2019
Figure 75: Fresh fruit n.e.s. Import in United Kingdom in volume in million MT, 2014-2019
Figure 76: United Kingdom Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 77: United Kingdom Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 78: Netherlands Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 79: Netherlands, GDP (In USD billion), 2015-2019
Figure 80: Netherlands, Urban population (% of total population), 2015-2019
Figure 81: Netherlands, Final consumption expenditure (% of GDP)2015-2019
Figure 82: Avocado Import in Netherlands in volume in million MT, 2014-2019
Figure 83: Netherlands Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 84: Netherlands Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 85: Spain Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 86: Area harvested by Avocados in Spain (In Hectares)
Figure 87: Production of Avocados in Spain (In tonnes)
Figure 88: Fresh fruit Import in Spain in volume in MT, 2014-2019
Figure 89: Avocado Import in Spain in volume in million MT, 2014-2019
Figure 90: Spain Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 91: Spain Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 92: Germany Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 93: Fresh fruit Import in Germany in volume in million MT, 2014-2019
Figure 94: Avocado Import in Germany in volume in million MT, 2014-2019
Figure 95: Germany Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 96: Germany Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 97: Asia Pacific Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 98: Asia Pacific, GDP (In USD Trillion), 2015-2019
Figure 99: Asia Pacific, Urban population (% of total population), 2015-2019
Figure 100: Asia Pacific,Final consumption expenditure (current USD) 2015-2018
Figure 101: Area harvested by Apples, Apricots, Avocados and Bananas in Asia (In Hectares)
Figure 102: Production of Apples, Apricots, Avocados and Bananas in Asia (In tonnes)
Figure 103: Asia Pacific Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 104: Asia Pacific Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 105: Market Opportunity Chart of Asia Pacific Avocado Market - By Country, By Value (Year-2026)
Figure 106: APAC Avocado Market Share- By Country: (2020 & 2026))
Figure 107: China Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 108: Area harvested by Avocados in China (In Hectares)
Figure 109: Production of Avocados in China (In tonnes)
Figure 110: China Gross domestic product, 2014-2018,(USD Trillion)
Figure 111: China population, 2014-2018, (In Billion)
Figure 112: China Per capita expenditure on Food Products, 2014-2018 (In USD)
Figure 113: China Urban Population, 2014-2018, (% of total)
Figure 114: China Per capita expenditure on Food Products, 2014-2018 (In USD)
Figure 115: Avocado Import in China in volume in MT, 2014-2019
Figure 116: China Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 117: China Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 118: South Korea Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 119: South Korea, GDP (In USD Trillion), 2015-2019
Figure 120: South Korea, Urban population (% of total population), 2015-2019
Figure 121: South Korea, Final consumption expenditure (% of GDP)2015-2019
Figure 122: Fresh Fruit Import in South Korea in volume in MT, 2014-2018
Figure 123: Avocado Import in South Korea in volume in MT, 2014-2019
Figure 124: South Korea Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 125: South Korea Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 126: India Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 127: India, GDP Growth Rate (Annual %), 2015-2019
Figure 128: Fresh Fruit Import in India in volume in MT, 2014-2018
Figure 129: Avocado Import in India in volume in MT, 2014-2019
Figure 130: India Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 131: India Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 132: Japan Avocado Market Size, By Value, 2016-2026 (USD Million)
Figure 133: Japan Gross Domestic Product, 2014-2018, (USD Trillion)
Figure 134: Japan Per capita expenditure on Food Products, 2015-2019 (In USD)
Figure 135: Japan Population, 2014-2018, (In Million)
Figure 136: Japan Urban population, 2014-2018,(In Million)
Figure 137: Fresh Fruit Import to Japan in volume in MT, 2017
Figure 138: Fresh Fruit Import to Japan in Value in USD Million, 2017
Figure 139: Avocado Import in Japan in volume in MT, 2014-2020
Figure 140: Japan Avocado Market- By Type, By Value (In USD Million), 2016-2026
Figure 141: Japan Avocado Market -By Distribution Channel, By Value (In USD Million), 2016-2026
Figure 142: Market Attractiveness Chart of Global Avocado Market - By Type (Year-2026)
Figure 143: Market Attractiveness Chart of Global Avocado Market - By Distribution Channel (Year-2026)
Figure 144: Market Attractiveness Chart of Global Avocado Market - By Region, By Value, (Year-2024)
Figure 145: Mergers and Acquisitions by leading market companies in Global Avocado Market
Figure 146: Market Share of global leaders in US Avocado Market, By Company (%) (2019)
Figure 147: Market Share of Mexican Avocado Export 2019-20
Figure 148: Calavo Growers, Inc Net Sales, 2015-2019 (USD Millions)
Figure 149: Calavo Growers, Inc Revenue, By Business Segment, 2019 (in %)
Figure 150: Calavo Growers, Inc, Net Profit, 2015- 2019(USD Million)
Figure 151: Calavo Growers, Inc, Revenue, By Region, 2019 (in %)
Figure 152: Calavo Growers, Inc Revenue, By Flavour Segment, 2019 (in %)
Figure 153: Calavo Growers, Inc, Revenue, By Fragrance Segment, 2019 (in %)
Figure 154: Mission Produce, Net Sales, 2016-2020 (USD Millions)
Figure 155: Mission Produce, Revenue, By Business Segment, 2019 (in %)
Figure 156: Mission Produce, Net Profit, 2016- 2020(USD Million)
Figure 157: Fresh Del Monte Produce Inc., Revenue, 2015-2019 (USD Millions)
Figure 158: Fresh Del Monte Produce Inc., Revenue By Business Segment, 2019 (in %)
Figure 159: Fresh Del Monte Produce Inc., Net income, 2015- 2019( USD Million)
Figure 160: Fresh Del Monte Produce Inc., Revenue By Geography, 2019 (in %)
List of Tables
Table A: Mexican Avocado Production by State MY 2019/2020
Table B: Prominent Avocado companies operated in North America Market
Table C: Prominent Avocado companies operating in Europe Market
Table D: Prominent Avocado companies operated in Asia Pacific Market
Companies Mentioned
- Avehass
- Calavo Growers Inc
- Del Rey Avocado Co
- Fresh Del Monte Produce Inc.
- Henry Avocado Corporation
- McDaniel Fruit Co
- Mission Produce
- Nature's Touch Frozen Foods
- West Pak Avocado Inc.
- Westfalia Fruit
