Market Overview:
The North America avocado processing market is expected to exhibit a growth rate (CAGR) of 7.1% during 2023-2028.
Processed avocado is widely utilized in the preparation of sandwiches, wraps, salads, sushi rolls and other fresh as well as high-quality ready-to-eat food products. Along with this, due to the presence of essential amino acids in avocado, it is mainly preferred by the health-conscious consumers, especially vegetarians and vegans. Moreover, owing to the presence of various nutrients, it helps in maintaining cholesterol levels, protecting the heart from atherosclerosis, improving vision and digestion, relieving arthritis pain, and enhancing the antioxidant properties in the human body. Owing to these benefits, avocado finds wide application in industries including food and beverages, pharmaceuticals, and personal care.
The North America avocado processing market is currently being driven by several factors. Avocado offers several health benefits such as reducing cholesterol and blood sugar levels, improving eye health and keeping the digestive track healthy. The rising consumer awareness towards these advantages has led to an increase in the demand for processed avocado products in the region. Furthermore, avocado is rich in fibres which contributes to weight loss, thereby gaining traction among the health-conscious consumers. Apart from this, manufacturers are introducing a wide variety of products ranging from avocado oil to guacamole, frozen avocado, avocado sauce and others that caters to different needs of consumers. These products are used by households, hotels, restaurants and other food service joints, thereby increasing the consumer-base of the market across the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America avocado processing market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on product type and Application.
- Key Regions Analysed
- United States
- Canada
- Mexico
- Analysis for Each Country
- Market by Product Type
- Guacamole
- Avocado Oil
- Frozen Avocado
- Avocado Sauce
- Others
- Market by Application
- Food and Beverages
- Cosmetics
- Pharmaceuticals
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
US$ Million |
Segment Coverage |
Product Type, Application, Country |
Countries Covered |
United States, Canada, Mexico |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
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) |
Key Questions Answered in This Report:
- How has the North America avocado processing market performed so far and how will it perform in the coming years?
- What are the key regions in the North America avocado processing market?
- What has been the impact of COVID-19 on the North America avocado processing market?
- What is the breakup of the North America avocado processing market on the basis of product type?
- What is the breakup of the North America avocado processing market on the basis of application?
- What are the various stages in the value chain of the North America avocado processing industry?
- What are the key driving factors and challenges in the North America avocado processing industry?
- What is the structure of the North America avocado processing industry and who are the key players?
- What is the degree of competition in the North America avocado processing industry?
- What are the profit margins in the North America avocado processing industry?