LONDON--(BUSINESS WIRE)--The global avocado market is poised to grow by USD 4.37 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. Request Free Sample Pages
Read the 124-page research report with TOC on "Avocado Market Analysis Report by Geography (APAC, Europe, MEA, North America, and South America), by Product (Conventional and Organic), and Segment Forecasts, 2020-2024."
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The health benefits of avocados and adoption of new technologies are factors anticipated to boost the growth of the market.
The consumption of avocados is increasing because they are rich in nutrients, magnesium, lutein, riboflavin, niacin, folate, pantothenic acid, potassium, and omega-3 fatty acids. Avocados are a good source of vitamins C, E, K, and B-6 and contain a natural plant sterol called beta-sitosterol. Beta-sitosterol not only helps in improving and maintaining a healthy heart but also lowers the cholesterol levels. They also have antioxidants such as zeaxanthin and lutein, which benefit the eyes and help in reducing the risks of depression as they contain folate to prevent the buildup of homocysteine. Such health benefits associated with the consumption of avocados are expected to drive market growth during the forecast period.
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Major Five Avocado Market Companies:
Costa Group Holdings Ltd.
Costa Group Holdings Ltd. is headquartered in Australia and operates the business under various segments such as Produce, International, and Costa Farms and Logistics (CF&L). The company offers different varieties of avocados, such as Hass, Shepard, and Maluma.
Del Monte Fresh Produce Co.
Del Monte Fresh Produce Co. is headquartered in the US and offers products through the following business units: Bananas, Other fresh produce, and Prepared food. The company offers Hass variety of avocado.
Del Rey Avocado Co. Inc
Del Rey Avocado Co. Inc is headquartered in the US and operates under various business segments, namely Avocado varieties, Specialty programs, Del Rey Farms Organics, and Avocado packaging. The company offers different varieties of avocados such as Hass, Lamb Hass, Reed, Bacon, and others.
Henry Avocado Corp.
Henry Avocado Corp. is headquartered in the US and offers Avocados. The company also offers Hass's variant of avocados in both conventional and organic forms.
Index Fresh Inc.
Index Fresh Inc. is headquartered in the US and offers different varieties of avocados such as Hass and Lamb Hass avocados. The company also offers avocados under the brands, Index Fresh, Index Fresh Organic, and AvoTerra by Index Fresh.
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Avocado Product Outlook (Revenue, USD Million, 2020-2024)
- Conventional
- Organic
Avocado Regional Outlook (Revenue, USD Million, 2020-2024)
- APAC
- Europe
- MEA
- North America
- South America
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