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Avocado Market Outlook, 2029

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    Report

  • 191 Pages
  • September 2024
  • Region: Global
  • Bonafide Research
  • ID: 6004607
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The avocado, often hailed as a superfood, has experienced a meteoric rise in popularity over the past decade. Known for its creamy texture and rich flavor, this fruit has become a staple in various cuisines worldwide. Beyond its culinary appeal, the avocado industry has emerged as a significant player in the global agricultural market, driven by increasing consumer demand, health trends, and innovative farming practices. This growth is largely attributed to the fruit's nutritional benefits and its integration into mainstream diets. Avocados are rich in healthy fats, vitamins, and minerals, making them a popular choice among health-conscious consumers.

Economic growth in emerging markets, particularly in Asia and Europe, has led to an increase in disposable income and changing dietary preferences. As these markets become more affluent, there is a rising demand for diverse and nutritious food options, including avocados. Consumers are becoming more concerned about sustainability and ethical food production. Avocados, when sourced from sustainable farms, align with these values.

Efforts to improve the environmental impact of avocado farming, such as implementing sustainable agricultural practices, are helping to boost the market. The development of value-added avocado products, such as avocado oil, snacks, and beauty products, has expanded the market. These innovations not only provide new ways to consume avocados but also appeal to a broader range of consumers interested in health, convenience, and natural beauty products.

According to the research report, “Global Avocado Market Outlook, 2029” the market is anticipated to cross USD 24 Billion by 2029, increasing from USD 15.86 Billion in 2023. The market is expected to grow with 7.40% CAGR by 2024-29. Avocados are highly valued for their nutritional benefits. They are rich in monounsaturated fats, which are considered heart-healthy, as well as vitamins such as vitamin K, vitamin E, and B vitamins. The high fiber content and low carbohydrate levels make avocados a popular choice among health-conscious consumers and those following specific diets like keto or vegan. Avocados are incredibly versatile in the kitchen. They can be used in a wide range of dishes, from salads and sandwiches to smoothies and desserts.

Their creamy texture and mild flavor make them a popular ingredient for various culinary applications, which has contributed to their widespread adoption. In recent years, there has been a significant increase in health consciousness among consumers. People are more aware of the nutritional content of their food and are seeking out healthier options. This trend has led to a higher demand for nutrient-dense foods like avocados. The growing trend towards plant-based diets has boosted the demand for avocados.

As more people adopt vegetarian or vegan diets, they are looking for alternative sources of healthy fats and proteins, and avocados fit this need perfectly. Social media platforms and food blogs have played a substantial role in popularizing avocados. Recipes featuring avocados, such as avocado toast and guacamole, have gone viral, driving consumer interest and increasing consumption. Influencers and food bloggers often showcase innovative ways to use avocados, further fueling their popularity.

Market Drivers

  • Globalization and Trade Expansion: The liberalization of trade and improved logistics have allowed avocado-producing countries to access new international markets. Countries like Mexico, Peru, and Chile have capitalized on this by significantly increasing their export volumes. The availability of avocados year-round in global markets has fueled demand, making them a common feature in grocery stores worldwide.
  • Rise of Value-Added Products: The development and popularity of value-added avocado products, such as avocado oil, guacamole dips, and avocado-based snacks, have driven the industry’s growth. These products cater to consumers looking for convenient, healthy options, thereby broadening the market beyond fresh avocados. The increasing use of avocados in cosmetics and personal care products has also opened up new revenue streams for the industry.

Market Challenges

  • Supply Chain Disruptions: The avocado industry faces significant challenges related to supply chain disruptions. Factors such as natural disasters, labor shortages, political instability in key producing regions, and logistical issues can lead to interruptions in the supply chain. These disruptions can result in shortages, delays, and increased costs, affecting both producers and consumers.
  • Pests and Diseases: The avocado industry is vulnerable to various pests and diseases that can devastate crops and reduce yields. Issues such as root rot, fruit flies, and the avocado lace bug pose ongoing threats to avocado production. Effective pest management and disease control measures are essential to protect crops, but these can also increase production costs and impact profitability.

Market Trends

  • Technological Advancements in Farming: The integration of technology in avocado farming is a growing trend aimed at increasing efficiency and sustainability. Precision agriculture techniques, such as drone monitoring, automated irrigation systems, and soil sensors, are being adopted to optimize resource use and improve crop yields. These technological advancements help farmers reduce costs, minimize environmental impact, and enhance the quality of their produce.
  • Focus on Organic and Fair Trade Products: There is a rising trend towards organic and fair trade avocados, driven by consumer demand for ethically sourced and environmentally friendly products. Organic avocados, grown without synthetic pesticides or fertilizers, appeal to health-conscious consumers who prefer natural foods. Fair trade avocados ensure that farmers receive fair compensation for their labor, supporting social sustainability.

Hass avocados lead the avocado market due to their superior taste, texture, and long shelf life, which make them highly desirable to consumers and more efficient for producers and retailers.

Hass avocados have emerged as the dominant variety in the global avocado market, and this leadership is primarily due to their unique combination of superior taste, texture, durability, and logistical efficiency. The rich, creamy flavor of Hass avocados has set a high standard among consumers, making them the preferred choice for various culinary uses. Unlike other avocado varieties, which may have a more watery texture or a milder taste, Hass avocados offer a distinctively buttery consistency and a full-bodied flavor that enhances a wide range of dishes, from guacamole to salads, sandwiches, and even smoothies.

This has ingrained Hass avocados into the culinary culture of many countries, particularly in regions like North America and Europe, where demand for avocados has skyrocketed. Another critical factor contributing to the success of Hass avocados is their thick, pebbly skin, which provides natural protection against bruising and external damage. This characteristic is particularly advantageous for transportation, as it allows the fruit to withstand the rigors of long journeys from farm to market. The tough skin also helps to extend the shelf life of the fruit, making it less prone to spoilage compared to other varieties. This extended shelf life is crucial for retailers, as it reduces the likelihood of waste and increases profitability.

Retailers and distributors favor Hass avocados for their ability to stay fresh longer, both on the shelves and in consumers' homes, making them a more reliable product in the supply chain. The global cultivation of Hass avocados further cements their position as the leading variety. Originally developed in California, the Hass variety is now grown in multiple countries, including Mexico, Peru, Chile, South Africa, and Israel. This widespread cultivation ensures a consistent year-round supply, catering to the ever-increasing global demand. The adaptability of Hass avocados to various climates and growing conditions has allowed producers to expand production and meet market needs, even as demand continues to rise.

The Food & Beverages sector leads in the avocado market due to the fruit's versatility and health benefits, which have made it a staple ingredient in a wide range of culinary applications, driving its demand across various food products and dishes.

The prominence of the Food & Beverages sector in the avocado market can be attributed to the fruit’s incredible versatility and its alignment with contemporary health trends. Avocados have become a key ingredient in countless culinary creations, from traditional dishes like guacamole to modern innovations such as avocado toast, smoothies, and even plant-based desserts.

Their creamy texture, rich flavor, and nutritional profile, packed with healthy fats, fiber, vitamins, and minerals, make them a highly sought-after component in both restaurant menus and home cooking. This versatility allows avocados to be seamlessly incorporated into various cuisines and meal types, ranging from breakfast items to snacks, salads, and main courses.

The rise of plant-based diets and the increasing consumer focus on health and wellness have further amplified the demand for avocados in the food and beverages industry. As people seek healthier, more natural ingredients, avocados have become a preferred choice for their ability to enhance the taste, texture, and nutritional value of meals. The ongoing trend towards clean eating and the popularity of superfoods have cemented the avocado’s status as a must-have ingredient in food products, thereby driving its dominance in the market. This widespread adoption in the Food & Beverages sector, coupled with effective marketing and the global expansion of avocado-based products, continues to propel the avocado market forward, with the sector at the forefront of its growth.

Fresh avocados lead the avocado market because consumers prefer the natural, unprocessed fruit for its superior taste, texture, and nutritional value, which are best preserved in their fresh form, making them the most desirable option for both direct consumption and culinary use.

The dominance of fresh avocados in the market is primarily driven by consumer preference for the natural, unprocessed fruit, which retains the full spectrum of its taste, texture, and nutritional benefits. Fresh avocados offer a rich, creamy texture and a subtle, nutty flavor that is unmatched by processed alternatives, making them ideal for direct consumption and a wide range of culinary applications. Consumers increasingly value fresh produce for its perceived health benefits, as fresh avocados are free from additives and preservatives, aligning with the growing trend towards clean eating and natural foods.

This preference is particularly strong among health-conscious consumers and food enthusiasts who prioritize freshness and quality in their diets. Fresh avocados are also highly versatile, easily incorporated into meals like salads, sandwiches, and spreads, or eaten on their own, which adds to their appeal. Additionally, the global trend towards healthier eating habits and the popularity of diets that emphasize whole, unprocessed foods have further boosted the demand for fresh avocados.

Unlike processed avocado products, which may lose some of their nutritional content during manufacturing, fresh avocados retain their full complement of vitamins, minerals, and healthy fats, making them the preferred choice for consumers looking to maximize the health benefits of their food. The convenience of purchasing fresh avocados, which can be easily prepared and consumed in various ways, also contributes to their market leadership, as they meet the demands of today’s busy lifestyles while supporting a healthy diet.

The offline segment leads the avocado market because consumers prefer purchasing fresh produce like avocados in person, where they can assess the quality, ripeness, and freshness directly, making physical stores the primary choice for avocado shopping.

The dominance of the offline segment in the avocado market is largely rooted in consumer behavior when it comes to buying fresh produce. Avocados, being a perishable and texture-sensitive fruit, are best evaluated in person, allowing consumers to select the perfect ripeness based on their immediate or future consumption needs. This tactile experience - squeezing the fruit gently to judge its firmness and inspecting its skin for blemishes or imperfections - is something that online platforms cannot replicate effectively. Consumers often prefer to handpick their avocados to ensure they get the exact quality they desire, whether they are looking for a ripe avocado to eat the same day or a firmer one to use later in the week.

Additionally, the traditional shopping habits associated with buying groceries, especially fresh fruits and vegetables, continue to favor physical stores, where consumers can see, touch, and compare products before making a purchase. Supermarkets, farmers' markets, and local grocery stores offer the immediate availability of fresh avocados without the wait time and uncertainty associated with online orders. This immediacy is particularly important for avocados, given their relatively short shelf life and the variability in ripeness that can affect their usability in specific recipes.

Furthermore, the offline market benefits from the established infrastructure of distribution and retail, which ensures a steady supply of fresh avocados to consumers, often at competitive prices. Retailers also enhance the shopping experience with in-store promotions, displays, and samplings, which further drive consumer engagement and preference for purchasing avocados offline.

North America leads the avocado market due to its high consumer demand driven by widespread adoption of health-conscious diets, a well-established supply chain, and the proximity to major avocado-producing countries like Mexico, ensuring a consistent and fresh supply.

North America's leadership in the avocado market is primarily fueled by the region's strong consumer demand, which has grown exponentially due to the increasing emphasis on health and wellness. Avocados, rich in healthy fats, fiber, and essential nutrients, have become a staple in many North American diets, especially with the rise of dietary trends such as plant-based eating, keto, and veganism. The fruit's versatility in various dishes from avocado toast and salads to smoothies and salsas has further solidified its popularity among consumers across different demographics. This demand is met by a highly efficient and well-established supply chain that ensures a steady flow of avocados into the market.

North America's proximity to Mexico, the world's largest producer of avocados, plays a crucial role in this supply chain. Mexico's favorable growing conditions and year-round production capabilities allow for the consistent availability of fresh avocados in North American markets, with minimal transportation time, ensuring the fruit's quality and freshness upon arrival. Additionally, the robust trade agreements between the U.S. and Mexico facilitate the smooth importation of avocados, further enhancing market stability and availability.

The extensive distribution networks in North America, encompassing major supermarkets, grocery stores, and even smaller retail outlets, ensure that avocados are widely accessible to consumers across the region. Moreover, aggressive marketing campaigns and promotional efforts by industry stakeholders have educated consumers about the health benefits of avocados, boosting their consumption.
  • In April 2024, the California Avocado Commission launched a new consumer advertising campaign to promote local and sustainable stories surrounding California avocados. This campaign highlighted the people and places integral to producing the fruit, emphasizing locally grown and sustainably farmed avocados.
  • In October 2023, Eurosemillas SA, a company based in Spain, launched a new avocado variety called Luna in collaboration with the University of California, Riverside. This new avocado variety offers consumers great flavor, a rind that turns black when ripe, and high postharvest quality.
  • In August 2023, Westfalia Fruit, a global avocado supplier, launched India's first dedicated avocado ripening facility. The launch of the ripening facility aims to support the growing demand for avocados in India and ensure a consistent supply of high-quality fruit to consumers.

Considered in this report

  • Historic year: 2018
  • Base year: 2023
  • Estimated year: 2024
  • Forecast year: 2029

Aspects covered in this report

  • Avocado market Outlook with its value and forecast along with its segments
  • Various drivers and challenges
  • On-going trends and developments
  • Top profiled companies
  • Strategic recommendation

By Type

  • Hass
  • Reed
  • Fuerte
  • Others

By End User

  • Food & Beverages
  • Retail
  • Cosmetics & Personal Care
  • Others

By Form

  • Fresh
  • Processed

By Distribution

  • Online
  • Offline

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases.

After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Avocado industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.


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Table of Contents

1. Executive Summary
2. Market Dynamics
2.1. Market Drivers & Opportunities
2.2. Market Restraints & Challenges
2.3. Market Trends
2.4. COVID-19 Effect
2.5. Supply Chain Analysis
2.6. Policy & Regulatory Framework
2.7. Industry Experts Views
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Market Structure
4.1. Market Considerate
4.2. Assumptions
4.3. Limitations
4.4. Abbreviations
4.5. Sources
4.6. Definitions
5. Economic/Demographic Snapshot
6. Global Avocado Market Outlook
6.1. Market Size by Value
6.2. Market Share by Region
6.3. Market Size and Forecast, by Geography
6.4. Market Size and Forecast, by Type
6.5. Market Size and Forecast, by End User
6.6. Market Size and Forecast, by Form
6.7. Market Size and Forecast, by Distribution
7. North America Avocado Market Outlook
7.1. Market Size by Value
7.2. Market Share by Country
7.3. Market Size and Forecast, by Type
7.4. Market Size and Forecast, by End User
7.5. Market Size and Forecast, by Form
7.6. Market Size and Forecast, by Distribution
7.7. United States Avocado Market Outlook
7.7.1. Market Size by Value
7.7.2. Market Size and Forecast by Type
7.7.3. Market Size and Forecast by End User
7.7.4. Market Size and Forecast by Form
7.7.5. Market Size and Forecast by Distribution
7.8. Canada Avocado Market Outlook
7.8.1. Market Size by Value
7.8.2. Market Size and Forecast by Type
7.8.3. Market Size and Forecast by End User
7.8.4. Market Size and Forecast by Form
7.8.5. Market Size and Forecast by Distribution
7.9. Mexico Avocado Market Outlook
7.9.1. Market Size by Value
7.9.2. Market Size and Forecast by Type
7.9.3. Market Size and Forecast by End User
7.9.4. Market Size and Forecast by Form
7.9.5. Market Size and Forecast by Distribution
8. Europe Avocado Market Outlook
8.1. Market Size by Value
8.2. Market Share by Country
8.3. Market Size and Forecast, by Type
8.4. Market Size and Forecast, by End User
8.5. Market Size and Forecast, by Form
8.6. Market Size and Forecast, by Distribution
8.7. Germany Avocado Market Outlook
8.7.1. Market Size by Value
8.7.2. Market Size and Forecast by Type
8.7.3. Market Size and Forecast by End User
8.7.4. Market Size and Forecast by Form
8.7.5. Market Size and Forecast by Distribution
8.8. United Kingdom Avocado Market Outlook
8.8.1. Market Size by Value
8.8.2. Market Size and Forecast by Type
8.8.3. Market Size and Forecast by End User
8.8.4. Market Size and Forecast by Form
8.8.5. Market Size and Forecast by Distribution
8.9. France Avocado Market Outlook
8.9.1. Market Size by Value
8.9.2. Market Size and Forecast by Type
8.9.3. Market Size and Forecast by End User
8.9.4. Market Size and Forecast by Form
8.9.5. Market Size and Forecast by Distribution
8.10. Italy Avocado Market Outlook
8.10.1. Market Size by Value
8.10.2. Market Size and Forecast by Type
8.10.3. Market Size and Forecast by End User
8.10.4. Market Size and Forecast by Form
8.10.5. Market Size and Forecast by Distribution
8.11. Spain Avocado Market Outlook
8.11.1. Market Size by Value
8.11.2. Market Size and Forecast by Type
8.11.3. Market Size and Forecast by End User
8.11.4. Market Size and Forecast by Form
8.11.5. Market Size and Forecast by Distribution
8.12. Russia Avocado Market Outlook
8.12.1. Market Size by Value
8.12.2. Market Size and Forecast by Type
8.12.3. Market Size and Forecast by End User
8.12.4. Market Size and Forecast by Form
8.12.5. Market Size and Forecast by Distribution
9. Asia-Pacific Avocado Market Outlook
9.1. Market Size by Value
9.2. Market Share by Country
9.3. Market Size and Forecast, by Type
9.4. Market Size and Forecast, by End User
9.5. Market Size and Forecast, by Form
9.6. Market Size and Forecast, by Distribution
9.7. China Avocado Market Outlook
9.7.1. Market Size by Value
9.7.2. Market Size and Forecast by Type
9.7.3. Market Size and Forecast by End User
9.7.4. Market Size and Forecast by Form
9.7.5. Market Size and Forecast by Distribution
9.8. Japan Avocado Market Outlook
9.8.1. Market Size by Value
9.8.2. Market Size and Forecast by Type
9.8.3. Market Size and Forecast by End User
9.8.4. Market Size and Forecast by Form
9.8.5. Market Size and Forecast by Distribution
9.9. India Avocado Market Outlook
9.9.1. Market Size by Value
9.9.2. Market Size and Forecast by Type
9.9.3. Market Size and Forecast by End User
9.9.4. Market Size and Forecast by Form
9.9.5. Market Size and Forecast by Distribution
9.10. Australia Avocado Market Outlook
9.10.1. Market Size by Value
9.10.2. Market Size and Forecast by Type
9.10.3. Market Size and Forecast by End User
9.10.4. Market Size and Forecast by Form
9.10.5. Market Size and Forecast by Distribution
9.11. South Korea Avocado Market Outlook
9.11.1. Market Size by Value
9.11.2. Market Size and Forecast by Type
9.11.3. Market Size and Forecast by End User
9.11.4. Market Size and Forecast by Form
9.11.5. Market Size and Forecast by Distribution
10. South America Avocado Market Outlook
10.1. Market Size by Value
10.2. Market Share by Country
10.3. Market Size and Forecast, by Type
10.4. Market Size and Forecast, by End User
10.5. Market Size and Forecast, by Form
10.6. Market Size and Forecast, by Distribution
10.7. Brazil Avocado Market Outlook
10.7.1. Market Size by Value
10.7.2. Market Size and Forecast by Type
10.7.3. Market Size and Forecast by End User
10.7.4. Market Size and Forecast by Form
10.7.5. Market Size and Forecast by Distribution
10.8. Argentina Avocado Market Outlook
10.8.1. Market Size by Value
10.8.2. Market Size and Forecast by Type
10.8.3. Market Size and Forecast by End User
10.8.4. Market Size and Forecast by Form
10.8.5. Market Size and Forecast by Distribution
10.9. Columbia Avocado Market Outlook
10.9.1. Market Size by Value
10.9.2. Market Size and Forecast by Type
10.9.3. Market Size and Forecast by End User
10.9.4. Market Size and Forecast by Form
10.9.5. Market Size and Forecast by Distribution
11. Middle East & Africa Avocado Market Outlook
11.1. Market Size by Value
11.2. Market Share by Country
11.3. Market Size and Forecast, by Type
11.4. Market Size and Forecast, by End User
11.5. Market Size and Forecast, by Form
11.6. Market Size and Forecast, by Distribution
11.7. UAE Avocado Market Outlook
11.7.1. Market Size by Value
11.7.2. Market Size and Forecast by Type
11.7.3. Market Size and Forecast by End User
11.7.4. Market Size and Forecast by Form
11.7.5. Market Size and Forecast by Distribution
11.8. Saudi Arabia Avocado Market Outlook
11.8.1. Market Size by Value
11.8.2. Market Size and Forecast by Type
11.8.3. Market Size and Forecast by End User
11.8.4. Market Size and Forecast by Form
11.8.5. Market Size and Forecast by Distribution
11.9. South Africa Avocado Market Outlook
11.9.1. Market Size by Value
11.9.2. Market Size and Forecast by Type
11.9.3. Market Size and Forecast by End User
11.9.4. Market Size and Forecast by Form
11.9.5. Market Size and Forecast by Distribution
12. Competitive Landscape
12.1. Competitive Dashboard
12.2. Business Strategies Adopted by Key Players
12.3. Key Players Market Share Insights and Analysis, 2022
12.4. Key Players Market Positioning Matrix
12.5. Porter's Five Forces
12.6. Company Profiles
12.6.1. McDaniel Fruit Co.
12.6.1.1. Company Snapshot
12.6.1.2. Company Overview
12.6.1.3. Financial Highlights
12.6.1.4. Geographic Insights
12.6.1.5. Business Segment & Performance
12.6.1.6. Product Portfolio
12.6.1.7. Key Executives
12.6.1.8. Strategic Moves & Developments
12.6.2. Calavo Growers, Inc.
12.6.3. Henry Avocado Corporation
12.6.4. Hormel Foods Corporation
12.6.5. Fresh Del Monte Produce Incorporated
12.6.6. Salud Foodgroup Europe B.V.
12.6.7. Westfalia Fruit Pty Ltd.
12.6.8. Greenyard
12.6.9. Fresca Group Ltd
12.6.10. Beva Fruits International
12.6.11. Austchilli Group
12.6.12. Costa Group Holdings Limited
12.6.13. Zespri International Limited
12.6.14. Avocado Jaguacy
12.6.15. Camposol S.A.
12.6.16. Exportadora Subsole S.A.
12.6.17. Halls Fresh Produce
12.6.18. Al Bakrawe Group
12.6.19. Mission Produce Inc.
13. Strategic Recommendations
14. Annexure
14.1. FAQ's
14.2. Notes
14.3. Related Reports
15. Disclaimer
List of Figures
Figure 1: Global Avocado Market Size (USD Billion) by Region, 2023 & 2029
Figure 2: Market attractiveness Index, by Region 2029
Figure 3: Market attractiveness Index, by Segment 2029
Figure 4: Global Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 5: Global Avocado Market Share by Region (2023)
Figure 6: North America Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 7: North America Avocado Market Share by Country (2023)
Figure 8: US Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 9: Canada Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 10: Mexico Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 11: Europe Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 12: Europe Avocado Market Share by Country (2023)
Figure 13: Germany Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 14: UK Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 15: France Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 16: Italy Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 17: Spain Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 18: Russia Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 19: Asia-Pacific Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 20: Asia-Pacific Avocado Market Share by Country (2023)
Figure 21: China Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 22: Japan Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 23: India Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 24: Australia Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 25: South Korea Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 26: South America Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 27: South America Avocado Market Share by Country (2023)
Figure 28: Brazil Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 29: Argentina Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 30: Columbia Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 31: Middle East & Africa Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 32: Middle East & Africa Avocado Market Share by Country (2023)
Figure 33: UAE Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 34: Saudi Arabia Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 35: South Africa Avocado Market Size by Value (2018, 2023 & 2029F) (in USD Billion)
Figure 36: Competitive Dashboard of top 5 players, 2023
Figure 37: Market Share insights of key players, 2023
Figure 38: Porter's Five Forces of Global Avocado Market
List of Tables
Table 1: Global Avocado Market Snapshot, by Segmentation (2023 & 2029) (in USD Billion)
Table 2: Influencing Factors for Avocado Market, 2023
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Avocado Market Size and Forecast, by Geography (2018 to 2029F) (In USD Billion)
Table 7: Global Avocado Market Size and Forecast, by Type (2018 to 2029F) (In USD Billion)
Table 8: Global Avocado Market Size and Forecast, by End User (2018 to 2029F) (In USD Billion)
Table 9: Global Avocado Market Size and Forecast, by Form (2018 to 2029F) (In USD Billion)
Table 10: Global Avocado Market Size and Forecast, by Distribution (2018 to 2029F) (In USD Billion)
Table 11: North America Avocado Market Size and Forecast, by Type (2018 to 2029F) (In USD Billion)
Table 12: North America Avocado Market Size and Forecast, by End User (2018 to 2029F) (In USD Billion)
Table 13: North America Avocado Market Size and Forecast, by Form (2018 to 2029F) (In USD Billion)
Table 14: North America Avocado Market Size and Forecast, by Distribution (2018 to 2029F) (In USD Billion)
Table 15: United States Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 16: United States Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 17: United States Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 18: United States Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 19: Canada Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 20: Canada Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 21: Canada Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 22: Canada Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 23: Mexico Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 24: Mexico Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 25: Mexico Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 26: Mexico Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 27: Europe Avocado Market Size and Forecast, by Type (2018 to 2029F) (In USD Billion)
Table 28: Europe Avocado Market Size and Forecast, by End User (2018 to 2029F) (In USD Billion)
Table 29: Europe Avocado Market Size and Forecast, by Form (2018 to 2029F) (In USD Billion)
Table 30: Europe Avocado Market Size and Forecast, by Distribution (2018 to 2029F) (In USD Billion)
Table 31: Germany Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 32: Germany Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 33: Germany Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 34: Germany Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 35: United Kingdom Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 36: United Kingdom Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 37: United Kingdom Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 38: United Kingdom Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 39: France Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 40: France Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 41: France Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 42: France Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 43: Italy Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 44: Italy Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 45: Italy Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 46: Italy Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 47: Spain Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 48: Spain Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 49: Spain Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 50: Spain Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 51: Russia Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 52: Russia Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 53: Russia Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 54: Russia Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 55: Asia-Pacific Avocado Market Size and Forecast, by Type (2018 to 2029F) (In USD Billion)
Table 56: Asia-Pacific Avocado Market Size and Forecast, by End User (2018 to 2029F) (In USD Billion)
Table 57: Asia-Pacific Avocado Market Size and Forecast, by Form (2018 to 2029F) (In USD Billion)
Table 58: Asia-Pacific Avocado Market Size and Forecast, by Distribution (2018 to 2029F) (In USD Billion)
Table 59: China Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 60: China Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 61: China Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 62: China Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 63: Japan Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 64: Japan Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 65: Japan Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 66: Japan Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 67: India Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 68: India Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 69: India Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 70: India Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 71: Australia Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 72: Australia Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 73: Australia Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 74: Australia Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 75: South Korea Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 76: South Korea Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 77: South Korea Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 78: South Korea Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 79: South America Avocado Market Size and Forecast, by Type (2018 to 2029F) (In USD Billion)
Table 80: South America Avocado Market Size and Forecast, by End User (2018 to 2029F) (In USD Billion)
Table 81: South America Avocado Market Size and Forecast, by Form (2018 to 2029F) (In USD Billion)
Table 82: South America Avocado Market Size and Forecast, by Distribution (2018 to 2029F) (In USD Billion)
Table 83: Brazil Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 84: Brazil Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 85: Brazil Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 86: Brazil Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 87: Argentina Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 88: Argentina Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 89: Argentina Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 90: Argentina Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 91: Colombia Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 92: Colombia Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 93: Colombia Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 94: Colombia Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 95: Middle East & Africa Avocado Market Size and Forecast, by Type (2018 to 2029F) (In USD Billion)
Table 96: Middle East & Africa Avocado Market Size and Forecast, by End User (2018 to 2029F) (In USD Billion)
Table 97: Middle East & Africa Avocado Market Size and Forecast, by Form (2018 to 2029F) (In USD Billion)
Table 98: Middle East & Africa Avocado Market Size and Forecast, by Distribution (2018 to 2029F) (In USD Billion)
Table 99: United Arab Emirates Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 100: United Arab Emirates Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 101: United Arab Emirates Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 102: United Arab Emirates Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 103: Saudi Arabia Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 104: Saudi Arabia Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 105: Saudi Arabia Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 106: Saudi Arabia Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)
Table 107: South Africa Avocado Market Size and Forecast by Type (2018 to 2029F) (In USD Billion)
Table 108: South Africa Avocado Market Size and Forecast by End User (2018 to 2029F) (In USD Billion)
Table 109: South Africa Avocado Market Size and Forecast by Form (2018 to 2029F) (In USD Billion)
Table 110: South Africa Avocado Market Size and Forecast by Distribution (2018 to 2029F) (In USD Billion)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • McDaniel Fruit Co.
  • Calavo Growers, Inc.
  • Henry Avocado Corporation
  • Hormel Foods Corporation
  • Fresh Del Monte Produce Incorporated
  • Salud Foodgroup Europe B.V.
  • Westfalia Fruit Pty Ltd.
  • Greenyard
  • Fresca Group Ltd
  • Beva Fruits International
  • Austchilli Group
  • Costa Group Holdings Limited
  • Zespri International Limited
  • Avocado Jaguacy
  • Camposol S.A.
  • Exportadora Subsole S.A.
  • Halls Fresh Produce
  • Al Bakrawe Group
  • Mission Produce Inc.

Table Information