South Korea Avocado Market Size & Outlook, 2023-2030

The avocado market in South Korea is expected to reach a projected revenue of US$ 191.9 million by 2030. A compound annual growth rate of 13.4% is expected of South Korea avocado market from 2024 to 2030.
Revenue, 2023 (US$M)
$79.4
Forecast, 2030 (US$M)
$191.9
CAGR, 2024 - 2030
13.4%
Report Coverage
South Korea

South Korea avocado market highlights

  • The South Korea avocado market generated a revenue of USD 79.4 million in 2023 and is expected to reach USD 191.9 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 13.4% from 2024 to 2030.
  • In terms of segment, fresh was the largest revenue generating form in 2023.
  • Processed is the most lucrative form segment registering the fastest growth during the forecast period.


Avocado market data book summary

Market revenue in 2023USD 79.4 million
Market revenue in 2030USD 191.9 million
Growth rate13.4% (CAGR from 2023 to 2030)
Largest segmentFresh
Fastest growing segmentProcessed
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFresh, Processed
Key market players worldwideCalavo Growers Inc, Mission Produce Inc Ordinary Shares, Simpson Manufacturing Co Inc, West Pak Avocado, Westfalia Fruit, EMPACADORA DE AGUACATES SAN LORENZO S.A. DE C.V., Propal, Duclos Farms, AustChilli Group


Other key industry trends

  • In terms of revenue, South Korea accounted for 0.5% of the global avocado market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China avocado market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 191.9 million by 2030.

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Avocado Market Scope

Avocado market segmentation & scope
Fresh
Pulp
Guacomole
Others
B2B
Processing Industry
Foodservice Industry
B2C

Avocado Market Companies

Name Profile # Employees HQ Website

South Korea 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 77.71% in 2023. Horizon Databook has segmented the South Korea avocado market based on fresh, processed covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Korea avocado market databook

  • Our clientele includes a mix of avocado market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea avocado market , including forecasts for subscribers. This country databook contains high-level insights into South Korea avocado market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea avocado market size, by form, 2018-2030 (US$M)

South Korea Avocado Market Outlook Share, 2023 & 2030 (US$M)

South Korea avocado market size, by form, 2018-2030 (US$M)

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