Global Guacamole Market Growth 2023-2029
Guacamole is an avocado-based dip, spread, or salad first developed in Mexico. In addition to its use in modern Mexican cuisine, it has become part of international and American cuisine as a dip, condiment and salad ingredient. Guacamole is becoming more mainstream and increasingly popular as a party dip, for tailgating, BBQ, and other functions where chips and dips are common dishes.
LPI (LP Information)' newest research report, the “Guacamole Industry Forecast” looks at past sales and reviews total world Guacamole sales in 2022, providing a comprehensive analysis by region and market sector of projected Guacamole sales for 2023 through 2029. With Guacamole sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Guacamole industry.
This Insight Report provides a comprehensive analysis of the global Guacamole landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Guacamole portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Guacamole market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Guacamole and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Guacamole.
The global Guacamole market size is projected to grow from US$ 436.2 million in 2022 to US$ 732 million in 2029; it is expected to grow at a CAGR of 732 from 2023 to 2029.
Global Guacamole key players include Wholly Guacamole (Hormel Foods Corporation), Yucatan Foods (Landec Corporation), Ventura Foods, LLC, etc. Global top three manufacturers hold a share over 58%. North America is the largest market, with a share about 83%, followed by South America and Europe. In terms of product, Mild Guacamole is the largest segment, with a share over 66%. And in terms of application, the largest application is Retail, followed by Foodservice.
This report presents a comprehensive overview, market shares, and growth opportunities of Guacamole market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mild Guacamole
Spicy Guacamole
Segmentation by application
Foodservice
Retail
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Wholly Guacamole (Hormel Foods Corporation)
Yucatan Foods (Landec Corporation)
SABRA DIPPING CO.
Fresh Del Monte Produce Inc.
Frontera Foods (Conagra Brands)
Ventura Foods, LLC
Verfruco Foods, Inc
Westfalia Fruit
Ortega (B&G Foods)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Guacamole market?
What factors are driving Guacamole market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Guacamole market opportunities vary by end market size?
How does Guacamole break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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