The guacamole market size was $852.3 million in 2021 and is expected to reach $1,464.9 million by 2031, registering a CAGR of 5.8% from 2022 to 2031.
Guacamole is a thick or semi-liquid mixture made from the avocado fruit, diced tomatoes, onions, chili peppers, and seasoning. Guacamole is a typical Mexican dip or spread that was first developed by the Aztec civilization. Due to guacamole's widespread use in global cuisine as a result of globalization, guacamole's demand has significantly increased. Guacamole's main ingredient, the avocado, is a rich source of lipids, vitamins, and minerals.
Guacamole has spread over the world from its home in Mexico as a result of the quickening pace of globalization. The inclusion of guacamole in various international cuisines is now accepted. As a result, guacamole demand has increased. The expansion of the global fast food industry is also boosting the growth of the guacamole market as guacamole is used as a dressing and dip in the fast food sector. Guacamole's client base has expanded from its traditional markets in North America to various European and Asian countries as a result of the greater global integration. The market for guacamole is expanding as a result of changing dietary preferences toward plant-based food items like salad dressings and growing social media penetration.
The guacamole market is segmented on the basis of end-user, packaging, distribution channel, and region. As per end-user, the market is classified into food processing industry, food service industry, and households. By packaging, the market is divided into glass bottles, plastic containers, and stand-up pouches. Depending on the distribution channel, the market is categorized into business to business, supermarket and hypermarket, convenience stores, specialty stores, and online stores. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The North America guacamole market had a major share in 2021 and is projected to grow during the forecast period. The Hispanic population in the U. S is growing at the second-highest rate in the region 2.0% each year. 58 million people made up this population as of 2016, according to the U. S. Census Bureau. This group is thought to be the biggest consumer of avocados and guacamole.
However, due to high price of avocados, the middle class cannot afford them, which presents a serious challenge to the guacamole business. Customers usually think avocados are perishable to buy them, which makes attempts to boost consumer acceptance more difficult. Although, there is a high demand for avocados, sustaining supplies and managing a highly perishable item with a limited shelf life and the potential to cause food waste are some problems that the guacamole market is facing. Thus, such factors are restraining the market growth.
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. Some of the key players in the guacamole market industry include, Avoking, Calavo Growers, Inc., Casa Sanchez SF, Hormel Foods Corporation, Sabra Dipping Co., LLC, Salud Foodgroup Europe b. v, Snowcrest, Westfalia Fruit Ltd, Woolworths Group ltd., and Landec Corporation.
Guacamole is a thick or semi-liquid mixture made from the avocado fruit, diced tomatoes, onions, chili peppers, and seasoning. Guacamole is a typical Mexican dip or spread that was first developed by the Aztec civilization. Due to guacamole's widespread use in global cuisine as a result of globalization, guacamole's demand has significantly increased. Guacamole's main ingredient, the avocado, is a rich source of lipids, vitamins, and minerals.
Guacamole has spread over the world from its home in Mexico as a result of the quickening pace of globalization. The inclusion of guacamole in various international cuisines is now accepted. As a result, guacamole demand has increased. The expansion of the global fast food industry is also boosting the growth of the guacamole market as guacamole is used as a dressing and dip in the fast food sector. Guacamole's client base has expanded from its traditional markets in North America to various European and Asian countries as a result of the greater global integration. The market for guacamole is expanding as a result of changing dietary preferences toward plant-based food items like salad dressings and growing social media penetration.
The guacamole market is segmented on the basis of end-user, packaging, distribution channel, and region. As per end-user, the market is classified into food processing industry, food service industry, and households. By packaging, the market is divided into glass bottles, plastic containers, and stand-up pouches. Depending on the distribution channel, the market is categorized into business to business, supermarket and hypermarket, convenience stores, specialty stores, and online stores. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The North America guacamole market had a major share in 2021 and is projected to grow during the forecast period. The Hispanic population in the U. S is growing at the second-highest rate in the region 2.0% each year. 58 million people made up this population as of 2016, according to the U. S. Census Bureau. This group is thought to be the biggest consumer of avocados and guacamole.
However, due to high price of avocados, the middle class cannot afford them, which presents a serious challenge to the guacamole business. Customers usually think avocados are perishable to buy them, which makes attempts to boost consumer acceptance more difficult. Although, there is a high demand for avocados, sustaining supplies and managing a highly perishable item with a limited shelf life and the potential to cause food waste are some problems that the guacamole market is facing. Thus, such factors are restraining the market growth.
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. Some of the key players in the guacamole market industry include, Avoking, Calavo Growers, Inc., Casa Sanchez SF, Hormel Foods Corporation, Sabra Dipping Co., LLC, Salud Foodgroup Europe b. v, Snowcrest, Westfalia Fruit Ltd, Woolworths Group ltd., and Landec Corporation.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the guacamole market analysis from 2021 to 2031 to identify the prevailing guacamole market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the guacamole market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global guacamole market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Distribution Channel
- Business to Business
- Supermarket and Hypermarket
- Convenience Stores
- Specialty Stores
- Online Stores
By End User Industry
- Households
- Food Processing Industry
- Food Service Industry
By Packaging
- Glass Bottles
- Plastic Containers
- Pouches
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Belgium
- Rest Of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Indonesia
- Rest Of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- Chile
- Turkey
- South Africa
- Rest Of LAMEA
Key Market Players
- Avoking
- Calavo Growers, Inc
- Casa Sanchez SF
- Hormel Foods Corporation
- Sabra Dipping Co., LLC
- Salud Foodgroup Europe b. v
- Snowcrest
- Westfalia Fruit Ltd,
- Woolworths Group ltd
- Landec Corporation
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: GUACAMOLE MARKET, BY END USER INDUSTRY
4.1 Overview
4.1.1 Market size and forecast
4.2 Food Processing Industry
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Food Service Industry
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Households
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: GUACAMOLE MARKET, BY PACKAGING
5.1 Overview
5.1.1 Market size and forecast
5.2 Glass Bottles
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Plastic Containers
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Pouches
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: GUACAMOLE MARKET, BY DISTRIBUTION CHANNEL
6.1 Overview
6.1.1 Market size and forecast
6.2 Business to Business
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Supermarket and Hypermarket
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Convenience Stores
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Specialty Stores
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
6.6 Online Stores
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market analysis by country
CHAPTER 7: GUACAMOLE MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by End User Industry
7.2.3 North America Market size and forecast, by Packaging
7.2.4 North America Market size and forecast, by Distribution Channel
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Market size and forecast, by End User Industry
7.2.5.1.2 Market size and forecast, by Packaging
7.2.5.1.3 Market size and forecast, by Distribution Channel
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by End User Industry
7.2.5.2.2 Market size and forecast, by Packaging
7.2.5.2.3 Market size and forecast, by Distribution Channel
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by End User Industry
7.2.5.3.2 Market size and forecast, by Packaging
7.2.5.3.3 Market size and forecast, by Distribution Channel
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by End User Industry
7.3.3 Europe Market size and forecast, by Packaging
7.3.4 Europe Market size and forecast, by Distribution Channel
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by End User Industry
7.3.5.1.2 Market size and forecast, by Packaging
7.3.5.1.3 Market size and forecast, by Distribution Channel
7.3.5.2 UK
7.3.5.2.1 Market size and forecast, by End User Industry
7.3.5.2.2 Market size and forecast, by Packaging
7.3.5.2.3 Market size and forecast, by Distribution Channel
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by End User Industry
7.3.5.3.2 Market size and forecast, by Packaging
7.3.5.3.3 Market size and forecast, by Distribution Channel
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by End User Industry
7.3.5.4.2 Market size and forecast, by Packaging
7.3.5.4.3 Market size and forecast, by Distribution Channel
7.3.5.5 Spain
7.3.5.5.1 Market size and forecast, by End User Industry
7.3.5.5.2 Market size and forecast, by Packaging
7.3.5.5.3 Market size and forecast, by Distribution Channel
7.3.5.6 Russia
7.3.5.6.1 Market size and forecast, by End User Industry
7.3.5.6.2 Market size and forecast, by Packaging
7.3.5.6.3 Market size and forecast, by Distribution Channel
7.3.5.7 Netherlands
7.3.5.7.1 Market size and forecast, by End User Industry
7.3.5.7.2 Market size and forecast, by Packaging
7.3.5.7.3 Market size and forecast, by Distribution Channel
7.3.5.8 Belgium
7.3.5.8.1 Market size and forecast, by End User Industry
7.3.5.8.2 Market size and forecast, by Packaging
7.3.5.8.3 Market size and forecast, by Distribution Channel
7.3.5.9 Rest of Europe
7.3.5.9.1 Market size and forecast, by End User Industry
7.3.5.9.2 Market size and forecast, by Packaging
7.3.5.9.3 Market size and forecast, by Distribution Channel
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by End User Industry
7.4.3 Asia-Pacific Market size and forecast, by Packaging
7.4.4 Asia-Pacific Market size and forecast, by Distribution Channel
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by End User Industry
7.4.5.1.2 Market size and forecast, by Packaging
7.4.5.1.3 Market size and forecast, by Distribution Channel
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by End User Industry
7.4.5.2.2 Market size and forecast, by Packaging
7.4.5.2.3 Market size and forecast, by Distribution Channel
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by End User Industry
7.4.5.3.2 Market size and forecast, by Packaging
7.4.5.3.3 Market size and forecast, by Distribution Channel
7.4.5.4 Australia
7.4.5.4.1 Market size and forecast, by End User Industry
7.4.5.4.2 Market size and forecast, by Packaging
7.4.5.4.3 Market size and forecast, by Distribution Channel
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by End User Industry
7.4.5.5.2 Market size and forecast, by Packaging
7.4.5.5.3 Market size and forecast, by Distribution Channel
7.4.5.6 Thailand
7.4.5.6.1 Market size and forecast, by End User Industry
7.4.5.6.2 Market size and forecast, by Packaging
7.4.5.6.3 Market size and forecast, by Distribution Channel
7.4.5.7 Indonesia
7.4.5.7.1 Market size and forecast, by End User Industry
7.4.5.7.2 Market size and forecast, by Packaging
7.4.5.7.3 Market size and forecast, by Distribution Channel
7.4.5.8 Rest of Asia-Pacific
7.4.5.8.1 Market size and forecast, by End User Industry
7.4.5.8.2 Market size and forecast, by Packaging
7.4.5.8.3 Market size and forecast, by Distribution Channel
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by End User Industry
7.5.3 LAMEA Market size and forecast, by Packaging
7.5.4 LAMEA Market size and forecast, by Distribution Channel
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by End User Industry
7.5.5.1.2 Market size and forecast, by Packaging
7.5.5.1.3 Market size and forecast, by Distribution Channel
7.5.5.2 Argentina
7.5.5.2.1 Market size and forecast, by End User Industry
7.5.5.2.2 Market size and forecast, by Packaging
7.5.5.2.3 Market size and forecast, by Distribution Channel
7.5.5.3 UAE
7.5.5.3.1 Market size and forecast, by End User Industry
7.5.5.3.2 Market size and forecast, by Packaging
7.5.5.3.3 Market size and forecast, by Distribution Channel
7.5.5.4 Saudi Arabia
7.5.5.4.1 Market size and forecast, by End User Industry
7.5.5.4.2 Market size and forecast, by Packaging
7.5.5.4.3 Market size and forecast, by Distribution Channel
7.5.5.5 Chile
7.5.5.5.1 Market size and forecast, by End User Industry
7.5.5.5.2 Market size and forecast, by Packaging
7.5.5.5.3 Market size and forecast, by Distribution Channel
7.5.5.6 Turkey
7.5.5.6.1 Market size and forecast, by End User Industry
7.5.5.6.2 Market size and forecast, by Packaging
7.5.5.6.3 Market size and forecast, by Distribution Channel
7.5.5.7 South Africa
7.5.5.7.1 Market size and forecast, by End User Industry
7.5.5.7.2 Market size and forecast, by Packaging
7.5.5.7.3 Market size and forecast, by Distribution Channel
7.5.5.8 Rest of LAMEA
7.5.5.8.1 Market size and forecast, by End User Industry
7.5.5.8.2 Market size and forecast, by Packaging
7.5.5.8.3 Market size and forecast, by Distribution Channel
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Avoking
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Calavo Growers, Inc
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Casa Sanchez SF
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Hormel Foods Corporation
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Sabra Dipping Co., LLC
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Salud Foodgroup Europe b. v
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Snowcrest
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Westfalia Fruit Ltd,
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Woolworths Group ltd
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Landec Corporation
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Guacamole Market,' the guacamole market was valued at $852.30 million in 2021, and is estimated to reach $1.5 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031.Guacamole has several health advantages and is a fantastic source of potassium, antioxidants, and healthy fats. As a result, the demand for guacamole is expected to rise dramatically as more people try to lead healthier lives by eating wholesome meals. Guacamole enhances heart health, prevents stroke, lessens liver damage, and fights inflammation. It also helps the brain and liver to operate better. It also helps to reduce deeper visceral belly fat and keeps a person full until their next meal by encouraging satiety. The regular, moderate use of it prevents bloating, moisturizes the skin, and delays aging. As a result, it is frequently used as a salad element and condiment in many different cuisines in the food and beverage (F&B) business.
However, due to lockdowns and other restrictions imposed by the relevant governing bodies in response to the COVID-19 outbreak, the activities of several industries have either temporarily ceased or are operating with a small workforce. This issue is expected to negatively affect the expansion of the global guacamole market. Furthermore, decreased production and increased prices of avocados highly hampered the growth of the guacamole market in 2020.
Nevertheless, a prominent aspect that is projected to significantly raise revenue growth potential for the global guacamole market in the next years is a constant rise in demand for avocado-related items, particularly from markets in the Asia-Pacific region. Furthermore, rapid changes in people's consumption and purchasing patterns is likely to boost the demand for cuisines and avocado-related food products, such as dips and spreads, which in turn is expected to propel the growth of the guacamole market during the forecast period.
The guacamole market is segmented on the basis of end-user, packaging, distribution channel, and region. As per end-user, the market is classified into food processing industry, food service industry, and households. By packaging, the market is divided into glass bottles, plastic containers, and stand-up pouches. Depending on the distribution channel, the market is categorized into business-to-business, supermarket and hypermarket, convenience stores, specialty stores, and online stores. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of end-user, the market is classified into the food service industry, food service industry, and households. The food service industry segment accounted for a major share in the guacamole market in 2021 and is expected to grow at a significant CAGR during the forecast period. Growing demand for quick meals that need little energy and time to prepare is being driven by rapid urbanization and an increase in the working population. This is one of the main elements boosting the guacamole market demand. In addition, as a result of globalization, people are becoming more open to trying different cuisines and demanding for ready to eat food products, which are likely to increase the demand for guacamole-topped sandwiches, burritos, and salads. Thus, the above factors are likely to propel the growth of the guacamole market size through the food service industry segment.
By packaging, the market is divided into glass bottles, plastic containers, and stand-up pouches. The glass bottles segment accounted for a major share of the guacamole market in 2021 and is expected to grow at a significant CAGR during the forecast period. As there is minimal to no risk to the health of the consumer and no chance that toxins may mix with the final product, glass bottle packaging is seen to be substantially safer. In addition, glass bottle packaging preserves the food or beverage.
According to guacamole market trends, by distribution channel, the market is categorized into online and offline. The offline segment accounted for a major share of the market in 2021 and is expected to grow at a significant CAGR during the forecast period. In the offline segment, supermarket & hypermarket dominates the guacamole market share in 2020 owing to the great demand for avocado fruits in retail.
In 2021, North America accounted for a 48.4% share of the guacamole market and is expected to maintain its dominance during the forecast period. The popularity of Mexican food outside of Mexico is helping the guacamole business expand. Major market participants are also all concentrated in North America, where domestic production of raw material is declining. As a result of the favorable trade relations between the two regions, Mexico has become a popular destination for guacamole manufacturers looking to either, buy raw ingredients or establish processing facilities. Thus, the above factors are likely to supplement the North America guacamole market growth during the forecast period.
The major players operating in the guacamole industry focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. Some of the key players in the guacamole market industry, include Avoking, Calavo Growers, Inc., Casa Sanchez SF, Hormel Foods Corporation, Sabra Dipping Co., LLC, Salud Foodgroup Europe b.v, Snowcrest, Westfalia Fruit Ltd, Woolworths Group ltd, and Landec Corporation.
Key findings of the study
By end-user, the food service industry segment was the highest revenue contributor to the market with $394.5 million in 2021, and is estimated to reach $675.2 million by 2031, with a CAGR of 5.7%.By packaging, the glass bottles segment was the highest revenue contributor to the market, with $417.1 million in 2021, and is estimated to reach $720.4 million by 2031, with a CAGR of 5.8%.
By distribution channel, the specialty store was significant revenue contributor to the market, with $164.6 million in 2021, and expected to grow at CAGR of 5.8% during forecast period.
Region-wise, North America was the highest revenue contributor, accounting for $412.5 million in 2021, and is estimated to reach $653.3 million by 2031, with a CAGR of 4.9%.
Companies Mentioned
- Avoking
- Calavo Growers, Inc.
- Casa Sanchez Sf
- Hormel Foods Corporation
- Sabra Dipping Co. LLC
- Salud Foodgroup Europe B.V
- Snowcrest
- Westfalia Fruit Ltd.
- Woolworths Group Ltd.
- Landec Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 343 |
| Published | October 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 852.3 million |
| Forecasted Market Value ( USD | $ 1464.9 million |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
