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Top Trends Transforming the Avocado Market Landscape in 2025: Unveils Enhanced Avocado Storage, Ripening, And Pan-European Packing Capabilities
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Will the Avocado Industry Market Size Be by 2025?
Recent years have seen considerable growth in the avocado market size. The market, which was valued at $16.24 billion in 2024, is predicted to reach $17.56 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.2%. Factors contributing to this growth during the historic period include health and nutrition trends, shifts in dietary preferences, culinary developments, advancements in the supply chain, and widespread globalization of markets.
What's the Long-Term Growth Forecast for the Avocado Market Size Through 2029?
The avocado industry is predicted to experience significant expansion in the coming years, with a projection to reach $23.29 billion by 2029, maintaining a compound annual growth rate (CAGR) of 7.3%. The augment during the anticipated period can be associated with sustained health awareness, varied culinary uses, eco-friendly farming methods, escalated worldwide production, and penetration into new markets. Key development aspects in the forecasting timeline include inventive packaging techniques for avocados, emphasis on societal and environmental stewardship, variety in avocado types, the inclusion of avocados in beauty and personal care items, and the internationalization of avocado consumption.
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What Are the Key Growth Drivers Fueling the Avocado Market Expansion?
The avocado market is predicted to grow due to the rising demand from end-user sectors like the food and beverage industry. The latter comprises all companies involved in the processing, packaging, and distribution of raw foods. Avocados' high nutritional value adds to their versatility, allowing them to enhance heart health, digestion, and weight management. The inclusion of avocados in a nutritious diet can offer myriad health benefits, leading to a focus on healthy living for individuals. For example, global food and beverage eCommerce sales rose to $506 billion in 2022, as per the findings of Common Thread Collective, a digital sales agency from the US. This rise represented a 16.3% annual growth. A prospective compound annual growth rate (CAGR) of 19.2% is anticipated to lift sales to $857 billion by 2025. Hence, the escalating demand from end users like the food and beverage industry is fueling the expansion of the avocado market.
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What Are the Key Trends Driving Avocado Market Growth?
The avocado market is witnessing a trend towards improved storage facilities. Numerous state-of-the-art facilities, equipped with avocado storage, ripening rooms, and packaging capabilities are emerging in the industry to boost operational efficiency, minimise waste and elevate product quality. In a notable development, Westfalia Fruit France, a France-based fresh fruit storage and supply company, embarked on the construction of a new site in Graveson, a part of the Bouches-du-Rhône department in southern France, in October 2022. Scheduled to be operational from November 2022 onwards, the new facility will not only have avocado storage and ripening rooms but also packaging capacity. Its advanced features will enable Westfalia Fruit France to broaden its operations in the region. The new establishment aims to ensure long-term sustainability by merging pioneering technology with modern construction materials like thermal insulation, motion detectors in common spaces, and renewable energy.
How Is the Avocado Market Segmented?
The avocado market covered in this report is segmented -
1) By Type: Hass Avocado, Bacon Avocado, Other Types
2) By Form: Raw, Processed
3) By Nature: Organic, Conventional
4) By Distribution Channel: Hyper markets Or Super markets, Departmental Stores, Online Channels, Other Distribution Channels
5) By End-User: Food And Beverage Industry, Retail, Cosmetics And Personal Care, Other End-User Industries
Subsegments:
1) By Hass Avocado: Regular Hass Avocado, Organic Hass Avocado
2) By Bacon Avocado: Regular Bacon Avocado, Organic Bacon Avocado
3) By Other Types: Fuerte Avocado, Pinkerton Avocado, Zutano Avocado, Other Varieties
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Which Companies Are Leading the Charge in Avocado Market Innovation?
Major companies operating in the avocado market include Calavo Growers Inc., West Pak Avocado Inc., Westfalia Fruit, Mission Produce Inc., Empacadora Avehass S.A. de C.V., Aguacates JBR, Duclos Farms, AustChilli Group, Simpson Farms, McDaniel Fruit Co., Henry Avocado Corporation, Del Rey Avocado Co. Inc., Brooks Tropicals LLC, Melissas World Variety Produce Inc., Oppy, Costa Group Holdings Ltd., Camposol S.A., Hormel Foods Corporation, Yucatan Foods LP, Olivado, Avogratto, Fresh Del Monte, Limoneira, MegaMex Foods LLC
Which Regions Are Leading the Global Avocado Market in Revenue?
North America was the largest region in the avocado market in 2024. The regions covered in the avocado market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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