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Guacamole Market Report 2023-2032: Market Size, Growth, Industry Trends And Forecast | Avo-King, Sabra Dipping Company LLC, Westfalia Fruit (Pty) Ltd., Calavo Growers Inc., Ortega
Guacamole Market
The Business Research Company's Guacamole Global Market Report 2023 identifies rising demand for wholesome foods and plant-based diets as the major driver for the Guacamole market's growth in the forecast period. Wholesome foods are those that promote good health and meet all quality and labeling requirements required by local laws or regulations. Foods that help people stay healthy and meet all quality and labeling criteria specified by local laws or regulations are referred to as healthy foods.
The global guacamole market size is expected to grow from $1.04 billion in 2022 to $1.15 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The guacamole market size is expected to reach $1.66 billion in 2027 at a CAGR of 9.4%.
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Major competitors in the Guacamole market are Avo-King, Sabra Dipping Company LLC, Westfalia Fruit (Pty) Ltd., Calavo Growers Inc., Ortega.
A key trend in the Guacamole market includes Product innovations. Major companies operating in the guacamole market are focused on developing new solutions to strengthen their position in the market. In May 2021, Sabra Dipping Co. LLC, a US-based company that produces Middle Eastern-style and other food products, including hummus and guacamole, launched its new Mexican Street Corn-Inspired Guacamole. The new product is available in a 1 lb (16 oz) package with a resealable lid and is made with lime, juicy sweet corn, chipotle, and hand-picked, Mexican-grown Hass avocados.
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The Guacamole market is segmented -
1. By Nature: Organic, Conventional
2. By Packaging: Glass Bottles, Glass Jars, Plastic Containers, Stand-Up Pouches
3. By Form: Frozen, Dried, Ready to make
4. By Distribution Channels: Supermarkets/Hypermarkets, Convenience Stores, Online, Specialty Stores
5. By End-use: Households, Food Processing Industry, Food Service Industry
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Guacamole market.
The Business Research Company's "Global Guacamole Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Guacamole Market Include:
1. Executive Summary
2. Guacamole Market Characteristics
3. Guacamole Market Trends And Strategies
4. Guacamole Market - Macro Economic Scenario
5. Guacamole Market Size And Growth
……
26. Africa Guacamole Market
27. Guacamole Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Guacamole Market
29. Guacamole Market Future Outlook and Potential Analysis
30. Appendix
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