Global Frozen Avocado Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Avocados are rich in phytosterols, vitamins E and C, minerals, fiber, antioxidants, amino acids, and monounsaturated fatty acids. It helps relieve arthritis pain, improve cholesterol levels, reduce the risk of atherosclerosis, maintain healthy vision and digestive system, and improve the antioxidant properties of individuals. Avocados are frozen to retain their flavor, texture, and color for a long time. There are three different ways to freeze avocados: freeze whole avocados or halves, freeze avocado chunks or slices, or freeze avocado puree.
Market Overview:The latest research study on the global Frozen Avocado market finds that the global Frozen Avocado market reached a value of USD 145.63 million in 2022. It’s expected that the market will achieve USD 226.28 million by 2028, exhibiting a CAGR of 7.62% during the forecast period.
Frozen avocados have seen renewed interest in frozen pulp, halves, diced, and guacamole after years of being second only to fresh avocados. Faced with labor and supply shortages due to the COVID-19 pandemic, many chefs are finding unique value in frozen avocados in their kitchens. They've come to like year-round availability, consistent pricing, and faster prep. And, in the process, they learned an important fact: Many avocado recipes don't call for fresh avocados at all. For a myriad of applications, fully ripe frozen avocados excel -- and frozen avocados are easier to manage than fresh ones. Freezing avocados eliminates the work and waste of serving avocados. Always ripe and always ready, frozen avocados offer many valuable benefits that cannot be obtained from fresh avocados. For example, the price of whole avocados can increase by 150-200% at certain times of the year. With frozen avocado products, you can get consistent prices year-round. Plus, frozen avocados offer endless possibilities for foodie creativity. Many operators use them as a time-saving basis for their own ingredients and signature recipes. Frozen avocados are expected to grow in popularity.
Region Overview:North America had the highest growth rate of all regions.
Company Overview:Corporativo La Viña is one of the major players operating in the Frozen Avocado market, holding a share of 15.62% in 2023.
Corporativo La Viña produces, packages, and distributes fresh produce from this land worldwide with the highest safety and quality standards. Thirty years of continuous development and adaptation to new technologies and market demands have allowed the company to expand its business in the face of growing demand. Corporativo La Viña's processing division offers processed products free from parabens and GMOs.
Multinational company Westfalia Fruit Group is a trusted supplier of fresh and processed products to international markets, offering a wide range of quality fruit through its vertically integrated supply chain. With the most diverse avocado growing footprint in the world, Westfalia sources ripen, and packs fruit from its own and partners' orchards to ensure year-round customer satisfaction. Processed products include avocado and nut oils, HPP guacamole, frozen avocados, ice cream, and dried fruit. As retail.
Segmentation Overview:Among different product types, Chunky Frozen Avocado segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Food segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Frozen Avocado market covered in Chapter 3:WESTFALIA FRUIT
Corporativo La Viña
Avogrand Exports
Pack’d
Welch’s
Nature’s Touch
Naturo Technologies
Salud Foodgroup
In Chapter 4 and Chapter 14.2, on the basis of types, the Frozen Avocado market from 2018 to 2029 is primarily split into:Flaky Frozen Avocado
Chunky Frozen Avocado
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Frozen Avocado market from 2018 to 2029 covers:Food
Beverage
Seasoning
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)