The Global Avocado Puree Market Size is valued at 487.13 million in 2022 and is predicted to reach 755.03 million by 2031 at 5.18% CAGR during the forecast period for 2023-2031.
Avocado puree is a smooth, creamy mixture made from mashed avocados and is commonly used in various food applications such as dips, spreads, sauces, and smoothies. The avocado puree market is growing due to the increasing popularity of avocados as a healthy and versatile food ingredient.
With more purees being used in juices, there will be an increased demand for avocado purees. Fruit purees, including mango, strawberry, apple, passion fruit, and others, are used to make fruit drinks. In North America and Europe, numerous companies are releasing powdered smoothie and drink products created from avocado purees with extra minerals and nutrients.
Several unusual incidents over the past few years have diverted the supply of fruits away from end consumers. The production of numerous types of fruits is negatively impacted by adverse weather conditions, such as high heat and cold, little to no rainfall, and other natural catastrophes, which negatively affect the production of avocado puree. Therefore, the growth of the avocado puree market needs to be improved by all these factors.
The avocado puree market is segmented based on category, application, and sale channel. Based on category, the market is segmented as organic and conventional. Based on application, the market is segmented into infant food, beverages, smoothies and yogurt, dressings and sauces, and others. Based on sales channels, the market is segmented into direct, indirect.
According to a category, the organic sector dominated the market. Demand for organic goods is rising quickly in industrialized markets like the U.S., Germany, France, and the UK. This results from shifting lifestyle habits and the food and beverage sector. Additionally, many international firms have debuted their clean-label and organic plant-based products. By understanding the negative consequences of synthetic chemicals on their health, consumers are more aware of the foods and drinks they consume. Because of the growing customer preference for organic food and beverage goods, the organic segment is predicted to rise significantly.
Infant formula was the application that accounted for the most market share, and this trend is anticipated to continue throughout the avocado puree market forecast period. The majority of the other uses for avocado puree are in infant food. The avocado offers essential vitamins and nutrients. A significant movement has favored products that use or incorporate avocado puree. With more possibilities for newborn food, there is also a tremendous potential to improve product variety. Infant food comprises different combinations of fruits, veggies, and muffins that may all be topped with guacamole.
The North American avocado puree market is expected to register the highest market share in revenue shortly. Due to the adoption of dietary food habits on the continent, there is an increase in the consumption of avocado fruit and avocado puree. Due to the growth in obesity and other chronic diseases brought on by poor eating habits, people are now more concerned about their health. They have begun adhering to unique food regimens focused on preserving a healthy body weight and composition. With a high consumption rate, avocado puree is frequently utilized in the culinary, beverage, and baking industries.
Asia-Pacific is expected to experience considerable expansion in the avocado puree market over the next few years. The demand for the avocado puree in various food applications, including dips, dressings, spreads, sauces, and smoothies, is rising in this region. Moreover, Due to the huge consumer base in the Asia Pacific area, the demand for avocado puree from the food service sector, including restaurants and hotels, is also rising.
|
Report Attribute |
Specifications |
|
Market size value in 2022 |
USD 487.13 million |
|
Revenue forecast in 2031 |
USD 755.03 million |
|
Growth rate CAGR |
CAGR of 5.18% from 2023 to 2031 |
|
Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2023 to 2031 |
|
Historic Year |
2019 to 2022 |
|
Forecast Year |
2023-2031 |
|
Report coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments covered |
Category, Application, And Sale Channel |
|
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; South East Asia |
|
Competitive Landscape |
DMH Ingredients Inc, Ferreiro and Company, Florigin Limited, Grupo Comavo, Lemon concentrate S.L.U, Markon, SFI Rotterdam BV, Stonehill Produce, Simped Foods Pty Ltd, The Berry Man, The FoodFellas, The Wilatta Group and WHOLLY GUACAMOLE. |
|
Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Avocado Puree Market Snapshot
Chapter 4. Global Avocado Puree Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Application Estimates & Trend Analysis
5.1. by Application & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
5.2.1. Infant Food
5.2.2. Beverages
5.2.3. Smoothies and Yogurt
5.2.4. Dressings and sauces
5.2.5. Others
Chapter 6. Market Segmentation 2: by Sales Channel Estimates & Trend Analysis
6.1. by Sales Channel & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Sales Channel:
6.2.1. Direct Sales
6.2.2. Indirect Sales
6.2.2.1. Supermarket and Hypermarket
6.2.2.2. Specialty Stores
6.2.2.3. E Retailers
Chapter 7. Avocado Puree Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.1.2. North America Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by Sales Channel, 2019-2031
7.1.3. North America Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.2. Europe
7.2.1. Europe Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.2.2. Europe Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by Sales Channel, 2019-2031
7.2.3. Europe Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.3.2. Asia Pacific Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by Sales Channel, 2019-2031
7.3.3. Asia Pacific Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.4. Latin America
7.4.1. Latin America Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.4.2. Latin America Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by Sales Channel, 2019-2031
7.4.3. Latin America Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.5.2. Middle East & Africa Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by Sales Channel, 2019-2031
7.5.3. Middle East & Africa Avocado Puree Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. DMH Ingredients Inc
8.2.2. Döhler Group
8.2.3. Ferreiro and Company
8.2.4. Florigin Limited
8.2.5. Groupo KUO
8.2.6. Grupo Comavo
8.2.7. Grupo Freza
8.2.8. Lemon concentrate S.L.U
8.2.9. Markon
8.2.10. MegaMex Foods, LLC
8.2.11. Nestlé
8.2.12. Olivado
8.2.13. Roof Cat Media S de RL de CV
8.2.14. SABRA DIPPING CO., LLC
8.2.15. Salud Foodgroup Europe B.V.
8.2.16. SFI LLC.
8.2.17. SFI Rotterdam BV
8.2.18. Simped Foods Pty Ltd
8.2.19. Stonehill Produce
8.2.20. The Berry Man (Aus) Pty LTD
8.2.21. The FoodFellas
8.2.22. The Village Press
8.2.23. THE Wilatta Group Inc
8.2.24. WHOLLY GUACAMOLE
8.2.25. Other Prominent Players
By Category-
By Application-
By Sales channel-
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
