North America Avocado Processing Market Trends 2023, Size, Share, Growth, Business Opportunities and Industry Analysis by 2028

IMARC Group has recently released a new research study titled "North America Avocado Processing Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

Market Outlook:

The North America avocado processing market is expected to exhibit a growth rate (CAGR) of 7.1% during 2023-2028. The avocado is a thick, leathery skin, spherical or pear-shaped fruit with a single big seed that is native to tropical America and South-Central Mexico. It enhances heart and eye health while lowering cholesterol levels and decreases the chances of developing depression, reduces the risk of colon cancer, avoids constipation, and promotes a healthy digestive system. As it comprises high oil content, it undergoes washing, sorting, peeling, pulping, refining, puree sterilization, and filling processing techniques. This, in turn, composes avocado into oils, guacamole, sauce, and various other frozen products that find extensive applications in baking cakes, cooking exquisite soups and appetizers, and manufacturing diverse cosmetic products, including oils, soaps, skin lotions, shampoos.

Market Trends and Drivers:

The growing health consciousness and the shifting consumer inclination toward a healthy lifestyle have increased the demand for various avocado-based products, owing to their exceptional nutritional value, which is primarily driving the market growth. Moreover, the continuous product processing by key players to manufacture avocado sauces, frozen soups, salsas, guacamoles, and oils to meet constantly evolving customer preferences in the region is favoring the market growth.

Furthermore, the extensive uptake of processed avocados in the food and beverage (F&B) industry to prepare various dishes in hotels, restaurants, and fast food joints is propelling the market growth. Besides this, processed avocados possess lubricating, regenerative, antioxidant, and moisturizing properties, which promotes wound healing and combats free radical; therefore, they are employed in multiple cosmetic products, which in turn, is supporting the market growth.

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North America Avocado Processing Market Segmentation:

The report has segmented the North America avocado processing market on the basis of product type, application and country.

Based on Product Type:

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

Based on Application:

• Food and Beverages
• Cosmetics
• Pharmaceuticals
• Others

Based on Country:

• United States
• Canada
• Mexico

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.