Avocado Processing Market Report 2020: Industry Report, Growth, Opportunities and Forecast till 2025 - IMARC Group

The global avocado processing market size reached USD 1.8 Billion in 2019. Looking forward, the market is expected to continue its moderate growth during the next five years., according to a new report by IMARC Group.

Avocado refers to the fruit of the Persea Americana tree that contains a single large seed. It is widely used in the preparation of numerous dishes, such as wraps, salads and sandwiches, due to its mild flavor as well as rich and creamy texture. It is an excellent source of essential nutrients, including minerals, proteins, potassium, lecithin, beta carotene, monounsaturated omega-9 fatty acids, and vitamins A, D, and E. Its consumption is consequently associated with maintaining cholesterol levels, improving heart health and regulating digestion. Since it also possesses antioxidant and anti-inflammatory properties, its application on the skin aids in calming itchiness, treating acne, preventing blemishes, increasing collagen metabolism, healing chapped skin and shielding the skin from ultraviolet damage. As a result, it is widely used in the preparation of numerous personal care and cosmetic products.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Avocado Processing Market Trends:

The global market is primarily driven by the significant growth in the food industry. Rapid globalization, along with the inflating disposable income levels and shifting dietary preferences of the consumers, has contributed to the growing inclination toward global cuisines and westernization of food patterns. This, coupled with the escalating sales of processed and convenience foods across the globe, is providing a thrust to the market growth. Growing awareness among the masses regarding the health benefits offered by the consumption of avocadoes has contributed to an increase in their uptake. Several users are also replacing butter and vegetable oils with avocado oil in household and commercial settings due to its high concentration of beneficiary fatty acids. This, in turn, is acting as a major growth-inducing factor. Furthermore, the rising trend of personal grooming among the masses has catalyzed the demand for organic skincare and personal care products, which consist of avocado as an essential ingredient. The market is also driven by the rising popularity of frozen avocado and avocado sauce on the global level, along with the expansion of organized online retail channels.

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Market Segmentation:

Market Breakup by Product Type

Guacamole
Frozen Avocado
Avocado Oil
Avocado Sauce
Others

Market Breakup by Application

Food and Beverages
Cosmetics
Pharmaceuticals
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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Browse related reports:

https://www.supermarketresearch.com/2020/02/05/avocado-oil-market-size-price-trends-industry-report-2019-2024/

https://www.supermarketresearch.com/2020/06/03/ginger-processing-industry-report-2020-market-overview-growth-trends-opportunities-and-forecast-till-2025/

https://www.supermarketresearch.com/2020/06/02/global-cassava-processing-market-industry-report-trends-growth-and-forecast-2019-2024/

https://www.marketwatch.com/press-release/world-tomato-processing-market-report-2020-industry-overview-share-growth-trends-and-forecast-2025-imarc-group-2020-07-25

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