The global avocado market is set to grow at a significant CAGR during the forecast period. Avocado is an energetic fruit having high nutritional value and is considered as a major tropical fruit with rich proteins and fat soluble vitamins that is absent in the other fruits. It comprises different levels of oils in the pulp and is extensively used for pharmaceutical and medicinal cosmetic purpose.
It has also been recognized for its health benefits for the compounds present in lipid fraction, omega fatty acids, tocopherols, phytoserols, and squalene. Avocado market is driven by rise in awareness regarding health among the population and rise in interest among the youth population for healthy living is also triggering the market growth during the forecast period. Avocados are highly nutritional and offers multiple health benefits to consumers, this in turn enlarges the market scope.
In the light of nutritional benefits offered, it is highly unsuitable for the diet of expecting mothers or breast-feeding mothers as it happens to lessen the milk production in women. Moreover, it is much dicey to consume high volume of avocados by patients dealing with hypertension and the other mood disorders. This is likely to impede the market growth during the forecast period.
Geographical segmentation for avocado market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are likely to grow at a significant pace owing to rise in consumption of avocado and the regions is likely to grow in terms of production for the food industry.
North American and European markets are likely to witness a robust CAGR during the forecast period owing to increase in demand. The key players profiled in avocado market report are The Horton Fruit Company, McDaniel Fruit Co, West Pak Avocado Inc, Del Rey Avocado Co Inc, Superior Foods Companies, Olivado USA, Brooks Tropicals Holding Inc, Henry Avocado Corporation, Costa Group Holdings Limited and Calvo Growers Inc.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Avocado in these regions, from 2012 to 2023 (forecast), covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Avocado market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• United States
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Green Skin
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Avocado for each application, including
Research Support Specialist, USA