Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Avocado Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Avocado Market?
The avocado global market has seen significant growth recently. In 2024, the market size was $16.24 billion and is projected to increase to $17.36 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%.
What Are the Expected Market Growth Trends for the Avocado Market Through 2029?
The Avocado Global Market is predicted to reach a size of $22.97 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.3%.
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What Are the Key Business Drivers in the Avocado Market Landscape?
The key drivers in the avocado market are:
• Continued health consciousness among consumers
• Diverse culinary applications of avocado
• Sustainable agriculture practices
• Expansion of global production and exploration of new markets
How Is the Avocado Market Divided Across Key Categories?
The avocadomarket covered in this report is segmented –
1) By Type: Hass Avocado, Bacon Avocado, Other Types
2) By Form: Raw, Processed
3) By Nature: Organic, Conventional
4) By Distribution Channel: Hypermarkets Or Supermarkets, Departmental Stores, Online Channels, Other Distribution Channels
5) By End-User: Food And Beverage Industry, Retail, Cosmetics And Personal Care, Other End-User Industries
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What Are the Ongoing Trends in the Avocado Market?
The key trends in the avocado market are:
• Innovative avocado packaging solutions are emerging as a key trend.
• A focus on social and environmental responsibility is becoming increasingly significant.
• A trend towards the diversification in avocado varieties is on the rise.
• Incorporation of avocado in beauty and personal care products is a growing trend.
Which Companies are Expanding in the Avocado Industry?
Major players in the avocado market are:
• Calavo Growers Inc.
• West Pak Avocado Inc.
• Westfalia Fruit
• Mission Produce Inc.
• Empacadora Avehass S.A. de C.V.
• Aguacates JBR
• Duclos Farms
• AustChilli Group
• Simpson Farms
• McDaniel Fruit Co.
• Henry Avocado Corporation
• Del Rey Avocado Co. Inc.
• Brooks Tropicals LLC
• Melissas World Variety Produce Inc.
• Oppy
• Costa Group Holdings Ltd.
• Camposol S.A.
• Hormel Foods Corporation
• Yucatan Foods LP
• Olivado
• Avogratto
• Fresh Del Monte
• Limoneira
• MegaMex Foods LLC
Which is the Largest Region the Global Avocado Market?
North America was the largest region in the avocado market in 2024
