Avocados are nutrient-dense super fruits that are high in vitamins and minerals. Raw and pureed versions are becoming increasingly popular around the world. Minerals like potassium, as well as vitamins and vitamin complexes like Vitamin A, Vitamin C, Vitamin E, Vitamin B5, and Vitamin B6, are abundant. Avocado purees are made from fresh avocados that have been crushed, blended, pressed, or sieved to a creamy slurry or paste consistency. Guacamole, baby food, and mixed fruit beverages are all made from avocado purees. In some countries, avocado purees are also utilised in the manufacture of dips, desserts, and sauces.
MARKET SCOPE
The "Global Avocado Puree Market Analysis to 2028" is a specialized and in-depth study of the food & beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the avocado puree market with detailed market segmentation by category, application, and geography. The report provides key statistics on the market status of the leading avocado puree market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of category, the market is segmented into organic and conventional.
- On the basis of application, the market is segmented into infant food, beverages, smoothies, dips & dressings, and others.
MARKET DYNAMICS
Drivers:
- Avocado purees are expected to be in high demand in the forecast period due to the rising use of pureed avocado in processed foods, smoothies, and beverages. Avocado purees are used in the food and beverage industries because they have a natural taste and texture while still being nutritious. This factor is anticipated to propel the market growth over the forecast period.
- Furthermore, avocado purees are utilised as functional ingredients in desserts, confectioneries, jams/marmalades, baked goods, alcoholic drinks, juices, nectars, and smoothies in the food processing industry. On a large scale, avocado pulp or puree is also used to make guacamole.
- Avocado purees are also utilised in infant meal preparation. In the projected period, the worldwide avocado puree market is likely to benefit from rising sales of ready-to-eat infant foods.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The avocado puree market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the avocado puree market in these regions.
IMPACT OF COVID-19 ON AVOCADO PUREE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the avocado puree market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from avocado puree market are anticipated to lucrative growth opportunities in the future with the rising demand for avocado puree in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the avocado puree market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- LEMONCONCENTRATE SL
- Ferreiro and Company
- SFI LLC
- Simped Foods Pty Ltd.
- Salud Foodgroup Europe B.V.
- Westfalia Fruit (Pty) Ltd.
- Markon
- Frutteto
- Avolands
- Grupo Freza SA de CV
- Dohler GmbH
- AN VAN THINH FOOD CO., LTD
- The Berry Man (Aus) Pty Ltd.
- Stonehill Produce
- TheFoodFellas
- The Wilatta Group
- BS Foods BV
- Florigin Limited
- FOOD INGREDIENTS USA, INC.
- DMH Ingredients