Guacamole Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Guacamole Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global guacamole market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028. Rapid urbanization, the increasing working population, and the rising demand for convenient meals represent some of the key factors driving the market.

Guacamole is a creamy spread or dip made from avocados, lime, onion, chili pepper, garlic, tomato, and seasonings like salt and black pepper. Avocados, the main ingredient in guacamole, are packed with nutrients that can improve brain and liver function, minimize liver damage, promote heart health, prevent strokes, and fight inflammation. Additionally, avocados are a good source of healthy fats that can promote satiety and help individuals stay fuller for longer, which can aid in weight management and reduce visceral abdominal fat. As a result, it serves as a popular condiment and salad ingredient in numerous dishes, adding flavor, creaminess, and nutrition to various culinary creations.

Guacamole Market Trends:
The global guacamole market is experiencing growth due to several factors, including rapid urbanization, an increasing working population, and the rising demand for convenient meals. Moreover, the surging trend of international cuisines and the expansion of fast-food restaurants are facilitating the demand for guacamole in sandwiches, burritos, and salads, which is favoring the market growth. Additionally, the shifting consumer preference towards healthier lifestyles and the consumption of wholesome foods are boosting the market growth. In line with this, the escalating demand for plant-based food products and nutrition-packed snacks served with dips, such as guacamole, are positively influencing the market growth. Furthermore, the penetration of social media platforms and the trend of food vlogging are other factors contributing to the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global guacamole market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on form, end use, packaging and distribution channel..

Form Insights:

Frozen
Dried
Ready to Make

The report has provided a detailed breakup and analysis of the guacamole market based on the form. This includes frozen, dried, and ready to make guacamole variants. Currently, ready to make dominates the market.

End-Use Insights:

Food Processing Industry
Food Service Industry
Households

A detailed breakup and analysis of the guacamole market based on the end-use has also been provided in the report. This includes the food processing industry, food service industry, and households. Among these, food service industry holds the largest market share.

Packaging Insights:

Glass Bottles
Plastic Containers
Stand Up Pouches

A detailed breakup and analysis of the guacamole market based on the packaging has also been provided in the report. This includes glass bottles, plastic containers, and stand up pouches. At present, stand up pouches represent the leading segment in the market.

Regional Insights:

North America
Europe
Asia Pacific
The Middle East and Africa
Latin America

The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. Between these, North America holds the leading position.

Distribution Channel Insights:

Business to Business
Business to Consumer
Supermarkets/Hypermarkets
Convenience Stores
Online
Others

A detailed breakup and analysis of the guacamole market based on the distribution channel has also been provided in the report. This includes business to business and business to consumer (supermarkets/hypermarkets, convenience stores, online, and others). Presently, business to business dominates the market.


Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global guacamole market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Wholly, Yucatan, Sabra, Calvio, Salud Food Group, and Westfalia Fruit. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the global guacamole market in 2022?
2. What is the expected growth rate of the global guacamole market during 2023-2028?
3. What are the key factors driving the global guacamole market?
4. What has been the impact of COVID-19 on the global guacamole market?
5. What is the breakup of the global guacamole market based on the form?
6. What is the breakup of the global guacamole market based on the end use?
7. What is the breakup of the global guacamole market based on the packaging?
8. What is the breakup of the global guacamole market based on the distribution channel?
9. What are the key regions in the global guacamole market?
10. Who are the key players/companies in the global guacamole market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Avocado Processing Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Breakup by Distribution Channel
5.7 Market Forecast
6 Global Guacamole Market
6.1 Market Overview
6.2 Market Performance
6.3 Impact of COVID-19
6.4 Price Analysis
6.5Market breakup by Form
6.6 Market Breakup by End Use
6.7 Market Breakup by Packaging
6.8 Market Breakup by Region
6.9 Market Breakup by Distribution Channel
6.10 SWOT Analysis
6.10.1 Overview
6.10.2 Strengths
6.10.3 Weaknesses
6.10.4 Opportunities
6.10.5 Threats
6.11 Porters Five Forces Analysis
6.11.1 Overview
6.11.2 Bargaining Power of Buyers
6.11.3 Bargaining Power of Suppliers
6.11.4 Degree of Rivalry
6.11.5 Threat of New Entrants
6.11.6 Threat of Substitutes
6.12 Value Chain Analysis
6.13 Key Success and Risk Factors
6.14 Market Forecast
7 Market Breakup by Form
7.1 Frozen
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Dried
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Ready to Make
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End Use
8.1 Food Processing Industry
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Food Service Industry
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Households
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Packaging
9.1 Glass Bottles
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Plastic Containers
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Stand Up Pouches
9.3.1 Market Trends
9.3.2 Market Forecast
10  Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11  Market Breakup by Distribution Channel
11.1 Business to Business
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Business to Consumer
11.2.1 Supermarkets/Hypermarkets
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Convenience Stores
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 Online
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 Others
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
12  Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Wholly
12.3.1.1 Company Overview
12.3.1.2 Description
12.3.2 Yucatan
12.3.2.1 Company Overview
12.3.2.2 Description
12.3.3 Sabra
12.3.3.1 Company Overview
12.3.3.2 Description
12.3.4 Calvio
12.3.4.1 Company Overview
12.3.4.2 Description
12.3.5 Salud Food Group
12.3.5.1 Company Overview
12.3.5.2 Description
12.3.6 Westfalia Fruit
12.3.6.1 Company Overview
12.3.6.2 Description
 

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings