Guacamole Market Size To Reach $456.9 Million By 2030

Guacamole Market Growth & Trends

The global guacamole market size is expected to reach USD 456.9 million by 2030, growing at a CAGR of 5.8% during the forecast period, according to a new report by Grand View Research, Inc. The market is experiencing growth globally due to several key factors driving consumer interest and demand. One significant driver is the increasing popularity of avocados, the primary ingredient in guacamole, which are known for their health benefits and high nutrient content. Avocados are perceived as a superfood due to their richness in healthy fats, vitamins, and minerals, making guacamole a desirable option for health-conscious consumers seeking nutritious and flavorful snack choices.

Another driving force behind the market is the expanding global food culture and culinary diversity. The rise of Mexican and Latin American cuisine around the world has introduced guacamole as a staple dish on many menus, familiarizing consumers with its delicious taste and versatility. As consumers become more adventurous in their food choices and seek out authentic ethnic flavors, guacamole has emerged as a popular option for adding a touch of exoticism to meals and snacks.

Moreover, the convenience and accessibility of guacamole products in various forms have made it easier for consumers to incorporate this dip into their daily routines. Pre-packaged guacamole products in supermarkets and grocery stores offer a convenient solution for busy individuals looking for ready-made options without compromising taste and quality. The versatility of guacamole as a dip, spread, or condiment further enhances its appeal, allowing consumers to enjoy it in a multitude of ways across different cuisines and occasions.

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Guacamole Market Report Highlights

• Conventional guacamole accounted for a share of 65.55% of the global revenues in 2023, primarily due to its widespread familiarity and acceptance among consumers. The popularity of conventional guacamole can be attributed to its status as a well-established and beloved dip or condiment in various cuisines, making it a preferred choice for many consumers seeking a familiar and authentic taste experience

• Guacamole end use in the household is anticipated to grow at a CAGR of 6.1% from 2024 to 2030. The increasing awareness of the health benefits of avocados and the nutritious nature of guacamole as a snack or meal component is encouraging more consumers to incorporate it into their diets

• The market in North America is expected to grow at a CAGR of 5.8% from 2024 to 2030. The market is primarily driven by the increasing popularity of avocados and Mexican cuisine, the rise of the food service industry offering guacamole as a menu item, the convenience of pre-packaged guacamole products in supermarkets, and the versatility of guacamole as a condiment or ingredient in various dishes, appealing to a wide consumer base looking for flavorful, nutritious, and convenient food options

Guacamole Market Segmentation

Grand View Research has segmented the global guacamole market based on nature, end-use, and region:

• Guacamole Nature Outlook (Revenue, USD Million, 2018 - 2030)

  • Organic

  • Conventional

• Guacamole End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Food Processing Industry

  • HoReCa

  • Households

  • Supermarkets/Hypermarkets

  • Convenience Stores

  • Online

  • Others

• Guacamole Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • Spain

    • Italy

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Central and South America

    • Brazil

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

List of Key Players in the Guacamole Market

• Avo-King

• MegaMex Foods, LLC.

• SNOWCREST

• SABRA DIPPING CO., LLC,

• Westfalia Fruit (Pty) Ltd

• Conagra Brands

• Calavo Growers, Inc.

• B&G Foods, Inc.

• Ventura Foods, LLC,

• Casa Sanchez SF