Global Avocado Market Size & Outlook, 2023-2030
Global avocado market, 2018-2030 (US$M)
Related Markets
Global avocado market highlights
- The global avocado market generated a revenue of USD 15,828.7 million in 2023 and is expected to reach USD 26,036.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.4% by 2030.
- In terms of segment, fresh accounted for a revenue of USD 12,332.2 million in 2023.
- Processed is the most lucrative form segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 15,828.7 million |
| Market revenue in 2030 | USD 26,036.4 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Fresh |
| Fastest growing segment | Processed |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fresh, Processed |
Other key industry trends
- In terms of revenue, the North America accounted for 43.9% of the global avocado market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 4,796.5 million by 2030.
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Avocado Market Scope
Avocado Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global avocado market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to avocado market will help companies and investors design strategic landscapes.
Fresh was the largest segment with a revenue share of 77.91% in 2023. Horizon Databook has segmented the Global avocado market based on fresh, processed covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Avocado Form Outlook (Revenue, USD Million, 2018-2030)
- Fresh
- Processed
- Pulp
- Guacomole
- Others
- Global Avocado Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- B2B
- Processing Industry
- Foodservice Industry
- B2C
- B2B
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Target buyers of Global avocado market databook
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Our clientele includes a mix of avocado market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global avocado market , including forecasts for subscribers. This global databook contains high-level insights into Global avocado market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global avocado market size, by regions, 2018-2030 (US$M)
Top 10 countries: Avocado market size, 2023 (US$M)
Global avocado market share, by form, 2023 & 2030 (%, US$M)
Avocado market: Opportunity assessment by country
Global avocado market, by region, 2023 (US$M)
| Form | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 5,792.8 | 5,988.4 | 6,198.2 | 6,427.1 | 6,677.3 | 6,952.5 | 7,258.9 | 7,597.2 | 7,967.5 | 8,360.2 | 8,767.6 | 9,176.9 | 9,586.2 | 4.7% |
| Europe | 2,361.6 | 2,534.0 | 2,722.2 | 2,929.8 | 3,159.3 | 3,414.5 | 3,699.7 | 4,018.8 | 4,374.2 | 4,763.7 | 5,185.4 | 5,634.5 | 6,111.0 | 8.7% |
| Asia Pacific | 2,028.6 | 2,214.0 | 2,419.2 | 2,648.4 | 2,904.6 | 3,192.7 | 3,518.4 | 3,886.9 | 4,302.5 | 4,765.2 | 5,275.5 | 5,830.1 | 6,431.3 | 10.5% |
| Latin America | 1,189.8 | 1,262.5 | 1,341.0 | 1,427.0 | 1,521.4 | 1,625.6 | 1,741.5 | 1,870.1 | 2,012.2 | 2,166.2 | 2,330.7 | 2,503.1 | 2,682.9 | 7.4% |
| MEA | 424.8 | 460.1 | 499.0 | 542.1 | 590.0 | 643.4 | 703.5 | 771.1 | 846.7 | 930.3 | 1,021.7 | 1,119.8 | 1,225.0 | 9.6% |
| Overall | 11,797.6 | 12,459.0 | 13,179.6 | 13,974.4 | 14,852.6 | 15,828.7 | 16,922.0 | 18,144.1 | 19,503.1 | 20,985.6 | 22,580.9 | 24,264.4 | 26,036.4 | 7.4% |
Related regional statistics
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