The Global Avocado Puree Market size was reasonably estimated to be approximately USD 1474 Million in 2023 and is poised to generate revenue over USD 2228 Million by the end of 2030, projecting a CAGR of around 5.30% from 2023 to 2030.
Market Overview:
Avocado puree is a smooth and creamy mixture made from mashed avocados, and avocado Puree Market is a thriving industry centered around this puree packed with nutrients and is widely loved for its mild taste and creamy texture. It serves as a base for dips, spreads, sauces, and is also used in smoothies and desserts.
The market has gained popularity due to the increasing demand for avocados and their health benefits.
Avocado puree finds its application in various culinary goods, including baby food, sauces, dips, spreads, and desserts. The market includes manufacturers, restaurants, and consumers in the food and beverage industry.
The availability of products, consumer preferences, and production capabilities play a significant role in the market's size and growth.
Today, global avocado production has been steadily increasing, benefiting the avocado puree market. From 2017 to 2021, avocado production rose from 6.29 to 8.69 million metric tonnes.
This ample supply of avocados has driven the demand for avocado puree, as consumers seek convenient and healthy avocado-based products. With avocado puree becoming a popular ingredient in various culinary applications, the ongoing increase in avocado production bodes well for the industry's growth.
Top Key Players for Avocado Puree Market:
Döhler Group (Germany), Grupo Kuo (Mexico), Stonehill Produce (US), Grupo Freza (Mexico), Ferreiro and Company (US), Nestlé (Switzerland), Salud Foodgroup Europe B.V. (Netherlands), Simped Foods Pty Ltd.
(Australia), The Berry Man Pty Ltd (Australia), Thefoodfellas (US), The Wilatta Group Inc (US), SFI LLC. (US), Florigin Limited (New Zealand), Megamex Foods LLC (US), Sabra Dipping Co.
LLC (US), The Village Press (New Zealand), Olivado (New Zealand), Calavo Growers Inc (US), The Perfect Puree of Napa Valley (US), Wholly Guacamole (US), and Other Major Players.
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The report summarizes all the information collected and serves the customer's requirements. However, these market analyses help in understanding market growth at both global and regional levels.
For market data analysis, we have market panorama tools such as Market Dynamics, Competitor Analysis, PESTEL Analysis, SWOT Analysis, Porter Five Forces Analysis, Value Chain Analysis, Technology Roadmap and Evolution, Regulatory Framework, Price Trend Analysis, Patent Analysis, Covid-19 Impact Analysis, Russia-Ukraine War Impact and others.
Market Dynamics and Factors for Avocado Puree Market:
Drivers:
Growing Demand for Organic and Healthful Food Products
Increasing public demand for organic and healthy foods is a significant driver in the avocado puree market. Consumers seek natural, nutrient-dense options, and avocado puree meets these criteria.
Being rich in essential nutrients and potential health benefits, such as supporting digestion and heart health, makes it an appealing choice for health-conscious individuals looking for wholesome and nutritious food options free from pesticides and chemicals.
Opportunities:
Increasing Use of Avocado Puree in Baby Food and Other Health Products
The increasing use of avocado puree in baby food and health products presents a significant opportunity for the avocado puree market. Parents' growing demand for natural, organic, and allergen-free options for their infants creates a favorable market environment.
Avocado puree's nutrient-rich profile, smooth texture, and mild flavor make it a nutritious and enjoyable choice for introducing babies to diverse flavors and textures in their diets.
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Segmentation Analysis of the Avocado Puree Market:
By Category, the organic segment is expected to dominate the avocado puree market due to increasing consumer preference for natural and environmentally friendly products. Pureed organic avocados are perceived as safer and more nutrient-rich, making them appealing to health-conscious consumers.
With certifications and standards in place, transparency is ensured, boosting the demand for organic avocado puree that are made with sustainable and eco-friendly farming practices.
By Category
- Organic
- Conventional
By Application
- Infant Food
- Beverages
- Smoothies & Yogurt
- Dressings & sauces
- Others
By Sales Channel
- Direct Sales
- Indirect Sales
- Supermarket & Hypermarket
- Specialty Stores
- E Retailers
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Regional Analysis of the Avocado Puree Market:
Asia Pacific is expected to dominate the avocado puree market due to the region's evolving dietary habits, urbanization, and the influence of Western cuisine. With the food and drink industry experiencing strong growth in this region, avocado puree is increasingly used in various products, aligning with the diverse culinary preferences of the region.
Improved availability and acceptance in local food culture also contribute to the overall market's growth.
By Region
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Industry Development:
In June 2023, Nestlé announced the launch of a partnership with The Yield Lab Latam, a specialized venture capital fund that invested to help transform the food sector in Latin America. The partnership saw Nestlé collaborating with technology-based startups operating in the agri-food industry to bring innovative technology solutions to food production and agricultural methods.
In September 2022, the makers of WHOLLY® GUACAMOLE, America's leading refrigerated guacamole brand, launched their national "#GuacOClock" campaign to provide support to families during breakfast, lunch, and snack times now that school is back in session. As part of the campaign, consumers are encouraged to share how they incorporate WHOLLY® products into their school-year breakfasts, lunches, and snacks on social media platforms.
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