The guacamole market size has grown rapidly in recent years. It will grow from $1.27 billion in 2024 to $1.4 billion in 2025 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to increased demand for ready-to-eat snacks, availability of hass avocado varieties, expansion of fast food and casual dining, the influence of culinary trends and food blogging, and health-conscious consumer choices.
The guacamole market size is expected to see strong growth in the next few years. It will grow to $1.99 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to expanding avocado production, focus on sustainable and ethical sourcing, health benefits of avocado consumption, global culinary fusion trends, and focus on premium and gourmet offerings. Major trends in the forecast period include flavor innovation and varieties, clean label and natural ingredients, plant-based and vegan diets, snacking on the go, marketing and branding initiatives, and diversification of distribution channels.
The growing vegan population is anticipated to drive the expansion of the guacamole market in the coming years. This population includes individuals who avoid all animal products, such as meat, dairy, eggs, and other ingredients derived from animals, often for ethical, environmental, or health-related reasons. Several factors contribute to the increase in the vegan population, including greater health consciousness, ethical concerns about animal welfare, and an increased focus on environmental sustainability. Guacamole offers a creamy, rich flavor that enhances vegan dishes, effectively fulfilling texture and taste cravings that might be absent in a plant-based diet. For instance, a report from the World Animal Foundation, a US-based digital platform dedicated to animal rights, indicated that in 2023, roughly 4% of the U.S. population, or about 13.4 million people, identified as vegan. Additionally, data on plant protein shows that over 6% of U.S. consumers, equating to more than 15.5 million individuals, follow a vegan lifestyle. Therefore, the increasing vegan population is propelling the growth of the guacamole market.
The guacamole market is also expected to thrive due to the increasing demand for ready-to-eat products. Ready-to-eat foods, requiring no additional preparation, appeal to consumers seeking convenient and healthy meal options. Guacamole, known for its nutritional benefits, dietary fiber, flavor enhancement, and antioxidant properties, aligns with this demand. In 2021-22 (April-October), India's exports of ready-to-eat foods surged by 24% to $394 million, indicating a growing market for such products. The incorporation of guacamole into ready-to-eat offerings propels the guacamole market's growth, driven by consumer preferences for flavorful and convenient food choices.
Product innovations are emerging as a significant trend in the guacamole market. Leading companies in this sector are concentrating on creating new solutions to enhance their market presence. For example, in October 2024, La Española, an olive oil company based in Spain, introduced Olimole, an innovative guacamole alternative that substitutes traditional avocado with olives, blending modernity with culinary tradition. This unique dip retains the classic texture and flavor of guacamole while adding a Mediterranean twist with ingredients like olives, garlic, onion, lemon juice, salt, and cilantro. Aimed at catering to the growing demand for healthy snacks, Olimole provides a nutritious option that highlights the health benefits of olives, such as their abundant healthy fatty acids, antioxidants, and fiber.
Advanced solutions, such as the introduction of Guac-a-rita, are driving revenues in the guacamole market. Guac-a-rita, a novel beverage combining margaritas and guacamole, offers a unique and enjoyable experience. The product's design allows consumers to simultaneously enjoy chunky guacamole and a refreshing margarita. In July 2023, Good Foods Group LLC launched Guac-a-rita, providing a distinctive and convenient way to savor two popular summertime treats together. This creative product reflects the market's adaptability to consumer trends, contributing to the continued growth of the guacamole market.
In February 2023, Flagship Food Group, LLC made a strategic move by acquiring Yucatan Foods, LLC, further enhancing its position in the guacamole market. This acquisition strengthens Flagship's portfolio in the Hispanic and South-western categories, incorporating Yucatan guacamole and dips into its offerings. Yucatan Foods, LLC, known for manufacturing and marketing fresh guacamole and salsa, complements Flagship's diversified food product range, illustrating the industry's proactive approach to expansion and innovation.
Major companies operating in the guacamole market include Avo-King International Inc., Sabra Dipping Company LLC, Westfalia Fruit (Pty) Ltd., Calavo Growers Inc., Ortega - B&G Foods Inc., Ventura Foods LLC, Casa Sanchez SF, Hormel Foods Corporation, Woolworths Group Limited, Wholly Guacamole, Salud Foodgroup Europe BV, MegaMex Foods LLC, Simpson Farms Pty. Ltd., Frontera Foods Inc., McCormick & Company Inc., The Bloch & Guggenheimer Foods Inc., Conagra Brands Inc., Snowcrest Foods Ltd., General Mills Inc., Landec Corporation, Fresh Del Monte Produce Inc., Verfruco Foods Inc., Goya Foods Inc., Mission Foods Corporation, Garden of Eatin' Inc., Late July Snacks LLC, Simply Organic, Grupo Herdez.
North America was the largest region in the guacamole market in 2024. North America is expected to be the fastest-growing region in the global guacamole market during the forecast period. The regions covered in the guacamole market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the guacamole market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Guacamole is a cold food originating from Mexico, featuring avocados as its primary ingredient and commonly prepared as a dip, spread, or salad with additional elements such as tomatoes and chilies. The dish is crafted by mashing raw avocados and blending them with other flavor-enhancing ingredients such as tomatoes and onions. Guacamole is recognized for its positive effects on heart health, as well as its potential benefits for skin and hair care.
The main types of guacamole include nature, organic, and conventional variations. Organic guacamole is derived from avocados grown on organic plants, ensuring they are free from pesticides, fertilizers, and synthetic hormones. The absence of these potentially harmful chemicals makes organic guacamole a safer food option, containing healthy monounsaturated fats that offer benefits such as enhancing brain function and promoting overall health. Guacamole products are available in various packaging formats, including glass bottles, glass jars, plastic containers, and stand-up pouches, and are offered in frozen, dried, and ready-to-make forms. These products are distributed through supermarkets/hypermarkets, convenience stores, online platforms, and specialty stores, catering to households, the food processing industry, and the food service sector.
The guacamole market research report is one of a series of new reports that provides guacamole market statistics, including guacamole industry global market size, regional shares, competitors with an guacamole market share, detailed guacamole market segments, market trends and opportunities, and any further data you may need to thrive in the guacamole industry. This guacamole market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The guacamole market consists of sales of guacamole-based spreads, sauce, dips, or salads. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The guacamole market size is expected to see strong growth in the next few years. It will grow to $1.99 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to expanding avocado production, focus on sustainable and ethical sourcing, health benefits of avocado consumption, global culinary fusion trends, and focus on premium and gourmet offerings. Major trends in the forecast period include flavor innovation and varieties, clean label and natural ingredients, plant-based and vegan diets, snacking on the go, marketing and branding initiatives, and diversification of distribution channels.
The growing vegan population is anticipated to drive the expansion of the guacamole market in the coming years. This population includes individuals who avoid all animal products, such as meat, dairy, eggs, and other ingredients derived from animals, often for ethical, environmental, or health-related reasons. Several factors contribute to the increase in the vegan population, including greater health consciousness, ethical concerns about animal welfare, and an increased focus on environmental sustainability. Guacamole offers a creamy, rich flavor that enhances vegan dishes, effectively fulfilling texture and taste cravings that might be absent in a plant-based diet. For instance, a report from the World Animal Foundation, a US-based digital platform dedicated to animal rights, indicated that in 2023, roughly 4% of the U.S. population, or about 13.4 million people, identified as vegan. Additionally, data on plant protein shows that over 6% of U.S. consumers, equating to more than 15.5 million individuals, follow a vegan lifestyle. Therefore, the increasing vegan population is propelling the growth of the guacamole market.
The guacamole market is also expected to thrive due to the increasing demand for ready-to-eat products. Ready-to-eat foods, requiring no additional preparation, appeal to consumers seeking convenient and healthy meal options. Guacamole, known for its nutritional benefits, dietary fiber, flavor enhancement, and antioxidant properties, aligns with this demand. In 2021-22 (April-October), India's exports of ready-to-eat foods surged by 24% to $394 million, indicating a growing market for such products. The incorporation of guacamole into ready-to-eat offerings propels the guacamole market's growth, driven by consumer preferences for flavorful and convenient food choices.
Product innovations are emerging as a significant trend in the guacamole market. Leading companies in this sector are concentrating on creating new solutions to enhance their market presence. For example, in October 2024, La Española, an olive oil company based in Spain, introduced Olimole, an innovative guacamole alternative that substitutes traditional avocado with olives, blending modernity with culinary tradition. This unique dip retains the classic texture and flavor of guacamole while adding a Mediterranean twist with ingredients like olives, garlic, onion, lemon juice, salt, and cilantro. Aimed at catering to the growing demand for healthy snacks, Olimole provides a nutritious option that highlights the health benefits of olives, such as their abundant healthy fatty acids, antioxidants, and fiber.
Advanced solutions, such as the introduction of Guac-a-rita, are driving revenues in the guacamole market. Guac-a-rita, a novel beverage combining margaritas and guacamole, offers a unique and enjoyable experience. The product's design allows consumers to simultaneously enjoy chunky guacamole and a refreshing margarita. In July 2023, Good Foods Group LLC launched Guac-a-rita, providing a distinctive and convenient way to savor two popular summertime treats together. This creative product reflects the market's adaptability to consumer trends, contributing to the continued growth of the guacamole market.
In February 2023, Flagship Food Group, LLC made a strategic move by acquiring Yucatan Foods, LLC, further enhancing its position in the guacamole market. This acquisition strengthens Flagship's portfolio in the Hispanic and South-western categories, incorporating Yucatan guacamole and dips into its offerings. Yucatan Foods, LLC, known for manufacturing and marketing fresh guacamole and salsa, complements Flagship's diversified food product range, illustrating the industry's proactive approach to expansion and innovation.
Major companies operating in the guacamole market include Avo-King International Inc., Sabra Dipping Company LLC, Westfalia Fruit (Pty) Ltd., Calavo Growers Inc., Ortega - B&G Foods Inc., Ventura Foods LLC, Casa Sanchez SF, Hormel Foods Corporation, Woolworths Group Limited, Wholly Guacamole, Salud Foodgroup Europe BV, MegaMex Foods LLC, Simpson Farms Pty. Ltd., Frontera Foods Inc., McCormick & Company Inc., The Bloch & Guggenheimer Foods Inc., Conagra Brands Inc., Snowcrest Foods Ltd., General Mills Inc., Landec Corporation, Fresh Del Monte Produce Inc., Verfruco Foods Inc., Goya Foods Inc., Mission Foods Corporation, Garden of Eatin' Inc., Late July Snacks LLC, Simply Organic, Grupo Herdez.
North America was the largest region in the guacamole market in 2024. North America is expected to be the fastest-growing region in the global guacamole market during the forecast period. The regions covered in the guacamole market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the guacamole market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Guacamole is a cold food originating from Mexico, featuring avocados as its primary ingredient and commonly prepared as a dip, spread, or salad with additional elements such as tomatoes and chilies. The dish is crafted by mashing raw avocados and blending them with other flavor-enhancing ingredients such as tomatoes and onions. Guacamole is recognized for its positive effects on heart health, as well as its potential benefits for skin and hair care.
The main types of guacamole include nature, organic, and conventional variations. Organic guacamole is derived from avocados grown on organic plants, ensuring they are free from pesticides, fertilizers, and synthetic hormones. The absence of these potentially harmful chemicals makes organic guacamole a safer food option, containing healthy monounsaturated fats that offer benefits such as enhancing brain function and promoting overall health. Guacamole products are available in various packaging formats, including glass bottles, glass jars, plastic containers, and stand-up pouches, and are offered in frozen, dried, and ready-to-make forms. These products are distributed through supermarkets/hypermarkets, convenience stores, online platforms, and specialty stores, catering to households, the food processing industry, and the food service sector.
The guacamole market research report is one of a series of new reports that provides guacamole market statistics, including guacamole industry global market size, regional shares, competitors with an guacamole market share, detailed guacamole market segments, market trends and opportunities, and any further data you may need to thrive in the guacamole industry. This guacamole market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The guacamole market consists of sales of guacamole-based spreads, sauce, dips, or salads. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Guacamole Market Characteristics3. Guacamole Market Trends and Strategies4. Guacamole Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Guacamole Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Guacamole Market34. Recent Developments in the Guacamole Market
5. Global Guacamole Growth Analysis and Strategic Analysis Framework
6. Guacamole Market Segmentation
7. Guacamole Market Regional and Country Analysis
8. Asia-Pacific Guacamole Market
9. China Guacamole Market
10. India Guacamole Market
11. Japan Guacamole Market
12. Australia Guacamole Market
13. Indonesia Guacamole Market
14. South Korea Guacamole Market
15. Western Europe Guacamole Market
16. UK Guacamole Market
17. Germany Guacamole Market
18. France Guacamole Market
19. Italy Guacamole Market
20. Spain Guacamole Market
21. Eastern Europe Guacamole Market
22. Russia Guacamole Market
23. North America Guacamole Market
24. USA Guacamole Market
25. Canada Guacamole Market
26. South America Guacamole Market
27. Brazil Guacamole Market
28. Middle East Guacamole Market
29. Africa Guacamole Market
30. Guacamole Market Competitive Landscape and Company Profiles
31. Guacamole Market Other Major and Innovative Companies
35. Guacamole Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Guacamole Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on guacamole market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for guacamole? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The guacamole market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Nature: Organic; Conventional2) By Packaging: Glass Bottles; Glass Jars; Plastic Containers; Stand-Up Pouches
3) By Form: Frozen; Dried; Ready to make
4) By Distribution Channels: Supermarkets/Hypermarkets; Convenience Stores; Online; Specialty Stores
5) By End-use: Households; Food Processing Industry; Food Service Industry
Subsegments:
1) By Organic: Fresh Organic Guacamole; Packaged Organic Guacamole; Frozen Organic Guacamole; Organic Guacamole with Added Ingredients2) By Conventional: Fresh Conventional Guacamole; Packaged Conventional Guacamole; Frozen Conventional Guacamole; Conventional Guacamole With Added Ingredients
Key Companies Mentioned: Avo-King International Inc.; Sabra Dipping Company LLC; Westfalia Fruit (Pty) Ltd.; Calavo Growers Inc.; Ortega - B&G Foods Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Avo-King International Inc.
- Sabra Dipping Company LLC
- Westfalia Fruit (Pty) Ltd.
- Calavo Growers Inc.
- Ortega - B&G Foods Inc.
- Ventura Foods LLC
- Casa Sanchez SF
- Hormel Foods Corporation
- Woolworths Group Limited
- Wholly Guacamole
- Salud Foodgroup Europe BV
- MegaMex Foods LLC
- Simpson Farms Pty. Ltd.
- Frontera Foods Inc.
- McCormick & Company Inc.
- The Bloch & Guggenheimer Foods Inc.
- Conagra Brands Inc.
- Snowcrest Foods Ltd.
- General Mills Inc.
- Landec Corporation
- Fresh Del Monte Produce Inc.
- Verfruco Foods Inc.
- Goya Foods Inc.
- Mission Foods Corporation
- Garden of Eatin' Inc.
- Late July Snacks LLC
- Simply Organic
- Grupo Herdez
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 1.4 Billion |
Forecasted Market Value ( USD | $ 1.99 Billion |
Compound Annual Growth Rate | 9.2% |
Regions Covered | Global |
No. of Companies Mentioned | 28 |