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.
Competitive Landscape:
Some of the major key players in the avocado puree market are:
- 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
- WHOLLY GUACAMOLE
Market Segmentation:
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.
Based on category, the organic segment is accounted as a major contributor to the avocado puree market
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.
The infant segment witnessed growth at a rapid rate
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 holds a significant regional revenue share
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.
Avocado Puree Market Report Scope:
|
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 |
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Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2023 to 2031 |
|
Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments covered |
Category, Application, And Sale Channel |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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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. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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