Press release
Prominent Avocados Market Trend for 2025: Advancements In Avocado Market With High-Pressure Processing (HPP) Technology
"Which drivers are expected to have the greatest impact on the over the avocados market's growth?The rising consciousness about the health advantages is anticipated to boost the expansion of the avocado market in the future. This escalated awareness is a consequence of the burgeoning interest in preemptive healthcare, escalating healthcare expenses, and the recognition of the significance of lifestyle selections in avoiding chronic illnesses. Avocados are laden with crucial nutrients such as vitamins (like vitamin K, C, E, and B vitamins), minerals (including potassium, magnesium, and copper), and dietary fiber, all contributing to the general health and wellness. For example, as per the International Food Information Council, a non-profit organization based in the US, the ratio of Americans who admitted adhering to a diet or eating pattern in the preceding year saw an uptick to 52% in 2022 from average numbers of 39% in 2021 and 43% in 2020 over the past four years. As a result, the increased consciousness regarding the health advantages is spurring the surge of the avocado market.
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What is the future CAGR of the avocados market, and how will it impact industry expansion?
In recent times, the market for avocados has been experiencing swift growth. It is projected to escalate from $19.37 billion in 2024 to $21.32 billion by 2025, reflecting a compound annual growth rate (CAGR) of 10.1%. The expansion during the historic phase can be traced back to a heightened awareness of its health advantages, its status as a nutritious and low-calorie food, a rising demand for organic commodities, growth in the baby food sector, and modifications in dietary patterns.
In the coming years, we can expect substantial growth in the avocado market size. It is predicted to rise to $30.85 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 9.7%. The anticipated growth during this period can be tied to several factors including the pivot from traditional brick-and-mortar store sales to eCommerce platforms for avocado-based products, the popularization of organic food items, respect to the increase in avocado-based snacks and convenience foods, a surge in demand for ready-to-eat and ready-to-cook foods, and a heightened interest in exotic fruits and vegetables. Notable trends to look out for during the forecast period consist of a shift towards healthier dietary choices, the versatility of avocados in food and beverage applications, advancements in processing and packaging technologies in the food sector, the development and popularity of avocado-infused beauty and personal care products, and the growing movement towards veganism and vegetarianism.
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What are the emerging trends shaping the future of the avocados market?
Prominent businesses in the avocado market are leveraging cutting-edge technologies like high-pressure processing (HPP) to cultivate superior avocados. The HPP technology is a preservation method for food that exposes packaged food items to extremely high hydrostatic pressure ranging from 100 to 800 megapascals (MPa). This process eliminates detrimental microorganisms and enzymes while maintaining the food's nutritional quality, taste, and texture. For example, Halls Fresh Produce, a food industry company in South Africa, introduced the Naked Avocado in October 2023. Designed to reduce waste and provide reliably ripe, ready-prepared avocados, the Naked Avocado includes three avocado halves, free from skin and pits. This avocado product utilizes high-pressure processing (HPP) technology for long-term preservation, offering a refrigerated shelf life of one month.
Which key market segments comprise the avocados market and drive its revenue growth?
The avocados market covered in this report is segmented -
1) By Type: Hass Avocado, Other Types
2) By Form: Fresh, Processed
3) By Application: Food, Cosmetic, Medical, Other Applications
4) By Distribution Channel: Business-To-Business (B2B), Business-To-Consumers (B2C)
Subsegments:
1) By Hass Avocado: Conventional Hass Avocado, Organic Hass Avocado
2) By Other Types: Fuerte Avocado, Bacon Avocado, Pinkerton Avocado, Reed Avocado, Other Avocado Types
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What regions are at the forefront of avocados market expansion?
North America was the largest region in the avocados market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the avocados market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the avocados market?
Major companies operating in the avocados market report are Fresh Del Monte Produce Inc.; Calavo Growers Inc.; Mission Produce Inc.; Costa Group; Westfalia Fruit; Emrald Produce Ltd; The Horton Fruit Company; Del Rey Avocado Co. Inc; Oppy; Superior Food Company; Brooks Tropicals Holding, Inc.; Henry Avocado Corporation; AustChilli Group; Simpson Farms; West Pak Avocado Inc.; McDaniel Fruit Co.; Salud Foodgroup Europe B.V.; Duclos Farms; Melissas World Variety Produce Inc.; Shanley Farms; Empacadora Avehass S.A. de C.V.; Greenyard NV; Olivado EPZ Limited; JBR Avocados
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What Is Covered In The Avocados Global Market Report?
• Market Size Forecast: Examine the avocados market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the avocados market for a structured understanding.
• Key Players Overview: Analyze major players in the avocados market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the avocados market.
• Segment Contributions: Evaluate how different segments drive overall growth in the avocados market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the avocados market.
• Industry Challenges: Identify potential risks and obstacles affecting the avocados market.
• Competitive Landscape: Review strategic developments in the avocados market, including expansions, agreements, and new product launches.
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