Global Avocado Market Research Report 2022

Global Avocado Market Research Report 2022

Market Analysis and Insights: Global Avocado Market

Due to the COVID-19 pandemic, the global Avocado market size is estimated to be worth US$ 13.37 billion in 2021 and is forecast to a readjusted size of US$ 20.57 billion by 2028 with a CAGR of 6.13% during the review period. Fully considering the economic change by this health crisis, the Europe Avocado market is estimated at US$ 4.30 billion in 2022, while the Toned States and China are forecast to reach US$ 6.55 billion and US$ 785.52 million by 2028, respectively. The proportion of the Toned States is 33.51% in 2022, while Chinese percentage is 3.08%, and it is predicted that China market share will reach 3.82% in 2028, trailing a CAGR of 9.98% through the analysis period. As for the Europe Avocado landscape, Germany is projected to reach US$ 1.37 billion by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 7.79% and 9.77% respectively for the next 6-year period.

Hass Avocado accounting for 84.19% of the Avocado global market in 2021, is projected to value US$ 17.13 billion by 2028, growing at a revised 6.02% CAGR in the post-COVID-19 period. While Personal Consumer segment is altered to an 6.13% CAGR throughout this forecast period and will hold a share about 58.89% in 2028.
The global major manufacturers of Avocado include Mission Produce, Calavo, Westfalia Fruit, Camposol, West Pak Avocado, Del Rey Avocado, Simpson Farms, and etc. In terms of revenue, the global 3 largest players have a 12.18% market share of Avocado in 2021.

This report focuses on Avocado volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Avocado market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan, etc.

Global Avocado Market: Segment Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global Avocado Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

By Company

Mission Produce
Calavo
Westfalia Fruit
Camposol
West Pak Avocado
Del Rey Avocado
Simpson Farms
Yucatan Foods
MegaMex Foods LLC

Segment by Type

Hass Avocado
Others

Segment by Application

Personal Consumer
Food Service
Food Processing Manufacturer
Others

Consumption by Region

North America
U.S.
Canada

Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia

Europe
Germany
France
U.K.
Italy
Russia

South America
Brazil
Argentina

Middle East & Africa
Middle East
Africa