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Avocado Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global avocado processing market reached a value of US$ 2.07 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.16 Billion by 2027, exhibiting at a CAGR of 7.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

Avocado is used for the confection of baked products (such as cakes), to elaborate fine soup mixes, appetizers, and in the production of cosmetics (oils, skin lotions, soaps, shampoos, etc.) due to its oil content. Avocado can be processed into several products such as guacamole, avocado oils, avocado sauce, frozen products, etc.

 

 
 

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A number of broad drivers and trends are currently driving the growth of global avocado processing market. These include rising disposable incomes, changing lifestyles, broadening of food habits, rising demand of processed foods, increasing cosmetic applications, etc. With the confluence of increasing trend of westernization of food patterns and acceptance of different cuisines along with burgeoning middle-class population, the consumption of avocado is rising across the globe.  Moreover, the nutritional and health benefits associated with the consumption of avocado is also driving its demand. Avocado is rich in oleic acid, reduces cholesterol and improves heart health, acts as an antioxidant, improves skin, enhances wound healing, and neutralizes free radicals.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global avocado processing market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, application and distribution channel.

Breakup by Product Type:

 

 
 

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  • Guacamole
  • Avocado Oil
  • Frozen Avocado
  • Avocado Sauce
  • Others


Guacamole currently accounts for the largest share in the avocado processing market.

Breakup by Application:  

  • Food and Beverages
  • Cosmetics
  • Pharmaceuticals
  • Others


Food and Beverages currently account for the largest share in the market.

Breakup by Distribution Channel:  

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others
     

Regional Insights:

 

 
 

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  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America


North America currently represents the largest market.

Competitive Landscape:

The competitive landscape of the global avocado processing market has also been analyzed. Some of the leading players operating in the market are:

  • Wholly
  • Yucatan
  • Sabra
  • PL
  • Calvio
  • Salud Food Group
  • Olivado Group
  • Spectrum organics
  • Grupo Industrial Batellero
  • Sesajal
  • The Village Press
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Product Type, Application, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Wholly, Yucatan, Sabra, PL, Calvio, Salud Food Group, Olivado Group, Spectrum organics, Grupo Industrial Batellero, Sesajal and The Village Press
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Avocado Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Price Trends
    5.4    Market Breakup by Type
        5.4.1    Hass
            5.4.1.1    Market Trends
            5.4.1.2    Market Forecast
        5.4.2    Fuerte
            5.4.2.1    Market Trends
            5.4.2.2    Market Forecast
        5.4.3    Bacon
            5.4.3.1    Market Trends
            5.4.3.2    Market Forecast
        5.4.4    Choquette
            5.4.4.1    Market Trends
            5.4.4.2    Market Forecast
        5.4.5    Gwen
            5.4.5.1    Market Trends
            5.4.5.2    Market Forecast
        5.4.6    Others
            5.4.6.1    Market Trends
            5.4.6.2    Market Forecast
    5.5    Market Breakup by Region
        5.5.1    Mexico
            5.5.1.1    Market Trends
            5.5.1.2    Market Forecast
        5.5.2    Dominican Republic
            5.5.2.1    Market Trends
            5.5.2.2    Market Forecast
        5.5.3    Peru
            5.5.3.1    Market Trends
            5.5.3.2    Market Forecast
        5.5.4    Colombia
            5.5.4.1    Market Trends
            5.5.4.2    Market Forecast
        5.5.5    Indonesia
            5.5.5.1    Market Trends
            5.5.5.2    Market Forecast
        5.5.6    Others
            5.5.6.1    Market Trends
            5.5.6.2    Market Forecast
    5.6    Market Breakup by End Use
        5.6.1    Fresh
            5.6.1.1    Market Trends
            5.6.1.2    Market Forecast
        5.6.2    Processed
            5.6.2.1    Market Trends
            5.6.2.2    Market Forecast
    5.7    Market Breakup by Distribution Channel
        5.7.1    Traditional Retail
            5.7.1.1    Market Trends
            5.7.1.2    Market Forecast
        5.7.2    Supermarkets/Hypermarkets
            5.7.2.1    Market Trends
            5.7.2.2    Market Forecast
        5.7.3    Convenience Stores
            5.7.3.1    Market Trends
            5.7.3.2    Market Forecast
        5.7.4    Online 
            5.7.4.1    Market Trends
            5.7.4.2    Market Forecast
        5.7.5    Others
            5.7.5.1    Market Trends
            5.7.5.2    Market Forecast
    5.8    Import and Export
        5.8.1    Import by Major Countries
        5.8.2    Export by Major Countries
    5.9    Market Forecast
6   Global Avocado Processing Market
    6.1    Market Overview
    6.2    Market Performance
    6.3    Impact of COVID-19
    6.4    Market Breakup by Product Type
        6.4.1    Guacamole
            6.4.1.1    Market Trends
            6.4.1.2    Market Forecast
        6.4.2    Frozen Avocado
            6.4.2.1    Market Trends
            6.4.2.2    Market Forecast
        6.4.3    Avocado Oil
            6.4.3.1    Market Trends
            6.4.3.2    Market Forecast
        6.4.4    Avocado Sauce
            6.4.4.1    Market Trends
            6.4.4.2    Market Forecast
        6.4.5    Others
            6.4.5.1    Market Trends
            6.4.5.2    Market Forecast
    6.5    Market Breakup by Application
        6.5.1    Food and Beverages
            6.5.1.1    Market Trends
            6.5.1.2    Market Forecast
        6.5.2    Cosmetics
            6.5.2.1    Market Trends
            6.5.2.2    Market Forecast
        6.5.3    Pharmaceuticals
            6.5.3.1    Market Trends
            6.5.3.2    Market Forecast
        6.5.4    Others
            6.5.4.1    Market Trends
            6.5.4.2    Market Forecast
    6.6    Market Breakup by Region
        6.6.1    North America
            6.6.1.1    Market Trends
            6.6.1.2    Market Forecast
        6.6.2    Europe
            6.6.2.1    Market Trends
            6.6.2.2    Market Forecast
        6.6.3    Asia Pacific
            6.6.3.1    Market Trends
            6.6.3.2    Market Forecast
        6.6.4    Middle East and Africa
            6.6.4.1    Market Trends
            6.6.4.2    Market Forecast
        6.6.5    Latin America
            6.6.5.1    Market Trends
            6.6.5.2    Market Forecast
    6.7    Market Breakup by Distribution Channel
        6.7.1    Supermarkets and Hypermarkets
            6.7.1.1    Market Trends
            6.7.1.2    Market Forecast
        6.7.2    Convenience Stores
            6.7.2.1    Market Trends
            6.7.2.2    Market Forecast
        6.7.3    Online
            6.7.3.1    Market Trends
            6.7.3.2    Market Forecast
        6.7.4    Others
            6.7.4.1    Market Trends
            6.7.4.2    Market Forecast
    6.8    Market Forecast
7   SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8   Value Chain Analysis
    8.1    Overview
    8.2    Research and Development
    8.3    Raw Material Procurement
    8.4    Manufacturing
    8.5    Marketing
    8.6    Distribution
    8.7    End-Use
9   Porters Five Forces Analysis
    9.1    Overview
    9.2    Bargaining Power of Buyers
    9.3    Bargaining Power of Suppliers
    9.4    Degree of Rivalry
    9.5    Threat of New Entrants
    9.6    Threat of Substitutes
10  Avocado Processing
    10.1    Product Overview
    10.2    Raw Material Requirements
    10.3    Manufacturing Process
    10.4    Key Success and Risk Factors
11  Competitive Landscape
    11.1    Market Structure
    11.2    Key Players
    11.3    Profiles of Key Players
        11.3.1    Wholly
            11.3.1.1    Company Overview
            11.3.1.2    Description
        11.3.2    Yucatan
            11.3.2.1    Company Overview
            11.3.2.2    Description
        11.3.3    Sabra
            11.3.3.1    Company Overview
            11.3.3.2    Description
        11.3.4    PL
            11.3.4.1    Company Overview
            11.3.4.2    Description
        11.3.5    Calvio
            11.3.5.1    Company Overview
            11.3.5.2    Description
        11.3.6    Salud Food Group
            11.3.6.1    Company Overview
            11.3.6.2    Description
        11.3.7    Olivado Group
            11.3.7.1    Company Overview
            11.3.7.2    Description
        11.3.8    Spectrum Organics
            11.3.8.1    Company Overview
            11.3.8.2    Description
        11.3.9    Grupo Industrial Batellero
            11.3.9.1    Company Overview
            11.3.9.2    Description
        11.3.10    Sesajal
            11.3.10.1    Company Overview
            11.3.10.2    Description
        11.3.11    The Village Press
            11.3.11.1    Company Overview
            11.3.11.2    Description

List of Figures

Figure 1: Global: Avocado Processing Market: Major Drivers and Challenges
Figure 2: Global: Avocado Market: Volume Trends (in Million Tons), 2016-2021
Figure 3: Global: Avocado Market: Average Prices (in US$/Ton), 2016-2021
Figure 4: Global: Avocado Market by Type (Hass): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 5: Global: Avocado Market Forecast by Type (Hass): Volume Trends (in ‘000 Tons), 2022-2027
Figure 6: Global: Avocado Market by Type (Feurte): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 7: Global: Avocado Market Forecast by Type (Feurte): Volume Trends (in ‘000 Tons), 2022-2027
Figure 8: Global: Avocado Market by Type (Bacon): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 9: Global: Avocado Market Forecast by Type (Bacon): Volume Trends (in ‘000 Tons), 2022-2027
Figure 10: Global: Avocado Market by Type (Choquette): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 11: Global: Avocado Market Forecast by Type (Choquette): Volume Trends (in ’000 Tons), 2022-2027
Figure 12: Global: Avocado Market by Type (Gwen): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 13: Global: Avocado Market Forecast by Type (Gwen): Volume Trends (in ‘000 Tons), 2022-2027
Figure 14: Global: Avocado Market by Type (Others): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 15: Global: Avocado Market Forecast by Type (Others): Volume Trends (in ‘000 Tons), 2022-2027
Figure 16: Mexico: Avocado Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 17: Mexico: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 18: Dominican Republic: Avocado Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 19: Dominican Republic: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 20: Peru: Avocado Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 21: Peru: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 22: Colombia: Avocado Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 23: Colombia: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 24: Indonesia: Avocado Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 25: Indonesia: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 26: Others: Avocado Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 27: Others: Avocado Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 28: Global: Avocado Market by End Use (Fresh): Volume Trends(in ‘000 Tons), 2016 & 2021
Figure 29: Global: Avocado Market Forecast by End Use (Fresh): Volume Trends (in ‘000 Tons), 2022-2027
Figure 30: Global: Avocado Market by End Use (Processed): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 31: Global: Avocado Market Forecast by End Use (Processed): Volume Trends (in ‘000 Tons), 2022-2027
Figure 32: Global: Avocado Market by Distribution Channel (Traditional Retail): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 33: Global: Avocado Market Forecast by Distribution Channel (Traditional Retail): Volume Trends (in ‘000 Tons), 2022-2027
Figure 34: Global: Avocado Market by Distribution Channel (Supermarkets/ Hypermarkets): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 35: Global: Avocado Market Forecast by Distribution Channel (Supermarkets/ Hypermarkets): Volume Trends (in ‘000 Tons), 2022-2027
Figure 36: Global: Avocado Market by Distribution Channel (Convenience Stores): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 37: Global: Avocado Market Forecast by Distribution Channel (Convenience Stores): Volume Trends (in ‘000 Tons), 2022-2027
Figure 38: Global: Avocado Market by Distribution Channel (Online): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 39: Global: Avocado Market Forecast by Distribution Channel (Online): Volume Trends (in ‘000 Tons), 2022-2027
Figure 40: Global: Avocado Market by Distribution Channel (Others): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 41: Global: Avocado Market Forecast by Distribution Channel (Others): Volume Trends (in ‘000 Tons), 2022-2027
Figure 42: Global: Avocado: Import Breakup by Country (in %), 2019
Figure 43: Global: Avocado: Export Breakup by Country (in %), 2019
Figure 44: Global: Avocado Market Forecast: Volume Trends (in Million Tons), 2022-2027
Figure 45: Global: Avocado Processing Market: Value Trends (in Million US$), 2016-2021
Figure 46: Global: Avocado Processing Market by Product Type (Guacamole): Value Trends (in Million US$), 2016 & 2021
Figure 47: Global: Avocado Processing Market Forecast by Product Type (Guacamole): Value Trends (in Million US$), 2022-2027
Figure 48: Global: Avocado Processing Market by Product Type (Frozen Avocado): Value Trends (in Million US$), 2016 & 2021
Figure 49: Global: Avocado Processing Market Forecast by Product Type (Frozen Avocado): Value Trends (in Million US$), 2022-2027
Figure 50: Global: Avocado Processing Market by Product Type (Avocado Oil): Value Trends (in Million US$), 2016 & 2021
Figure 51: Global: Avocado Processing Market Forecast by Product Type (Avocado Oil): Value Trends (in Million US$), 2022-2027
Figure 52: Global: Avocado Processing Market by Product Type (Avocado Sauce): Value Trends (in Million US$), 2016 & 2021
Figure 53: Global: Avocado Processing Market Forecast by Product Type (Avocado Sauce): Value Trends (in Million US$), 2022-2027
Figure 54: Global: Avocado Processing Market by Product Type (Others): Value Trends (in Million US$), 2016 & 2021
Figure 55: Global: Avocado Processing Market Forecast by Product Type (Others): Value Trends (in Million US$), 2022-2027
Figure 56: Global: Avocado Processing Market by Application (Food and Beverages): Value Trends (in Million US$), 2016 & 2021
Figure 57: Global: Avocado Processing Market Forecast by Application (Food and Beverages): Value Trends (in Million US$), 2022-2027
Figure 58: Global: Avocado Processing Market by Application (Cosmetics): Value Trends (in Million US$), 2016 & 2021
Figure 59: Global: Avocado Processing Market Forecast by Application (Cosmetics): Value Trends (in Million US$), 2022-2027
Figure 60: Global: Avocado Processing Market by Application (Pharmaceuticals): Value Trends (in Million US$), 2016 & 2021
Figure 61: Global: Avocado Processing Market Forecast by Application (Pharmaceuticals): Value Trends (in Million US$), 2022-2027
Figure 62: Global: Avocado Processing Market by Application (Others): Value Trends (in Million US$), 2016 & 2021
Figure 63: Global: Avocado Processing Market Forecast by Application (Others): Value Trends (in Million US$), 2022-2027
Figure 64: North America: Avocado Processing Market: Value Trends (in Million US$), 2016 & 2021
Figure 65: North America: Avocado Processing Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 66: Europe: Avocado Processing Market: Value Trends (in Million US$), 2016 & 2021
Figure 67: Europe: Avocado Processing Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 68: Asia Pacific: Avocado Processing Market: Value Trends (in Million US$), 2016 & 2021
Figure 69: Asia Pacific: Avocado Processing Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 70: Middle East and Africa: Avocado Processing Market: Value Trends (in Million US$), 2016 & 2021
Figure 71: Middle East and Africa: Avocado Processing Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 72: Latin America: Avocado Processing Market: Value Trends (in Million US$), 2016 & 2021
Figure 73: Latin America: Avocado Processing Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 74: Global: Avocado Processing Market by Distribution Channel (Supermarkets/ Hypermarkets): Value Trends (in Million US$), 2016 & 2021
Figure 75: Global: Avocado Processing Market Forecast by Distribution Channel (Supermarkets/ Hypermarkets): Value Trends (in Million US$), 2022-2027
Figure 76: Global: Avocado Processing Market by Distribution Channel (Convenience Stores): Value Trends (in Million US$), 2016 & 2021
Figure 77: Global: Avocado Processing Market Forecast by Distribution Channel (Convenience Stores): Value Trends (in Million US$), 2022-2027
Figure 78: Global: Avocado Processing Market by Distribution Channel (Online): Value Trends (in Million US$), 2016 & 2021
Figure 79: Global: Avocado Processing Market Forecast by Distribution Channel (Online): Value Trends (in Million US$), 2022-2027
Figure 80: Global: Avocado Processing Market by Distribution Channel (Others): Value Trends (in Million US$), 2016 & 2021
Figure 81: Global: Avocado Processing Market Forecast by Distribution Channel (Others): Value Trends (in Million US$), 2022-2027
Figure 82: Global: Avocado Processing Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 83: Global: Avocado Processing Industry: SWOT Analysis
Figure 84: Global: Avocado Processing Industry: Value Chain Analysis
Figure 85: Global: Avocado Processing Industry: Porter’s Five Forces Analysis
Figure 86: Avocado Processing Industry: Profit Margins at Various Levels of the Supply Chain
Figure 87: Processed Avocado Manufacturing Process: Process Flow

List of Tables

Table 1: Global: Avocado Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Avocado Market Forecast: Breakup by Type (in ‘000 Tons), 2022-2027
Table 3: Global: Avocado Market Forecast: Breakup by Region (in ‘000 Tons), 2022-2027
Table 4: Global: Avocado Market Forecast: Breakup by End Use (in ‘000 Tons), 2022-2027
Table 5: Global: Avocado Market Forecast: Breakup by Distribution Channel (in ‘000 Tons), 2022-2027
Table 6: Global: Avocado: Import Data by Country, 2019
Table 7: Global: Avocado: Export Data by Country, 2019
Table 8: Global: Avocado Processing Market: Key Industry Highlights, 2021 and 2027
Table 9: Global: Avocado Processing Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 10: Global: Avocado Processing Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 11: Global: Avocado Processing Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 12: Global: Avocado Processing Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 13: Processed Avocado: Raw Material Requirements
Table 14: Global: Avocado Processing Market Structure
Table 15: Global: Avocado Processing Market: Key Players

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Key Questions Answered in This Report

The global avocado processing market was valued at US$ 2.07 Billion in 2021.

We expect the global avocado processing market to exhibit a CAGR of 7.2% during 2022-2027.

The increasing demand for processed food products, along with the growing consumer awareness
pertaining to the nutritional benefits of avocado consumption, is primarily driving the global avocado
processing market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulation across several nations resulting in the temporary closure of processing units of avocado for
various products, such as guacamole, avocado oil, avocado sauce, etc.

Based on the product type, the global avocado processing market has been divided into guacamole,
avocado oil, frozen avocado, avocado sauce, and others. Currently, guacamole exhibits clear dominance
in the market.

Based on the application, the global avocado processing market can be segmented into food and
beverages, cosmetics, pharmaceuticals, and others. Among these, the food and beverages industry
holds the majority of the global market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global avocado processing market include Wholly, Yucatan, Sabra, PL,
Calvio, Salud Food Group, Olivado Group, Spectrum organics, Grupo Industrial Batellero, Sesajal, The
Village Press, etc.

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