Global Avocado Market – Market Reports World

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Market Overview

of Global Avocado market:
The latest research study on the global Avocado market finds that the global Avocado market reached a value of USD 21523.78 million in 2022. It’s expected that the market will achieve USD 28976.03 million by 2028, exhibiting a CAGR of 5.08% during the forecast period.

Drivers
Research has proved that avocado has high nutritional value. Rich in vitamins, it is a natural source of vitamin B, K, C, and E. Further, it is also a rich source of potassium, carotenoids, and phytosterols. With numerous nutritional benefits, avocado is preferred as a natural ingredient in several food products today. This is a primary reason for constant growth in the global avocado market.
Avocado is gaining importance in the pharmaceutical and cosmetics industry. With its health benefits, pharmaceutical companies and cosmetic product manufacturers feel it could be a key ingredient in their products. Research is on to develop products based on avocado extracts and ingredients. This attracts demand in the global avocado market. Further, the fact that avocado is a natural source, it garners increased interest among consumers.
Further, research has proved benefits of using avocado on skin care products. Players in the cosmetic industry are introducing skin care products with avocado as a key ingredient. Positive results in terms of business hint at stable growth potential in this new arena. Thus, consumption in the global avocado market is believed to shoot up during the forecast period.

Restraints
Avocado is a fruit tree that grows in the competitive sunlight under tropical rain forest conditions. It grows rapidly in a high-temperature and high-humidity environment, and grows slowly if environmental conditions are not available. And most of the avocado

Region Overview:
United States had the highest growth rate of all regions.

Company Overview:
Calavo Growers, MISSION PRODUCE, Fresh Del Monte Produce Inc., West Pak Avocado, Inc. and Westfalia Fruit are the five key players in the global Avocado market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Avocado market in the past 5 years.

Calavo Growers, Inc. procures and markets avocados and other perishable foods, and prepares and distributes processed avocado products. The Company delivers a wide array of fresh and processed food products to food distributors, produce wholesalers, supermarkets, and restaurants on a worldwide basis.

Mission Produce, Inc. provides fruit farming services. The Company specializes in producing, distributing, and marketing hass avocados. Mission Produce serves customers worldwide.

Segmentation Overview:
Among different product types, Hass segment is anticipated to contribute the largest market share in 2027.

Application Overview:
By application, the Food segment occupied the biggest share from 2017 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Avocado market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Avocado market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Avocado and its sub-markets in an intuitive way.

Key Companies in the global Avocado market covered in Chapter 3:
Calavo Growers
MISSION PRODUCE
Costa Group Holdings Ltd
Fresh Del Monte Produce Inc.
Henry Avocado Corporation
Westfalia Fruit
Sociedad Agricola Drokasa
Del Rey Avocado Co. Inc.
Camposol
Aguacates Seleccionados JBR
West Pak Avocado, Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Avocado market from 2018 to 2029 is primarily split into:
Hass
Green Skin
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Avocado market from 2018 to 2029 covers:
Food
Cosmetic
Medical
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Avocado market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.