Avocado Puree Market Research, 2031
The global avocado puree market size was valued at $480.3 million in 2021, and is projected to reach $726.6 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031.
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.
The avocado puree market is segmented into Category, Application and Sales channel.
Purees are used by manufacturers of packaged baby food in place of the fruits and vegetables that are mentioned on the product label. In their baby food products, most producers start with water or puree (with the highest share per gram). Many businesses, like Plum Organics, Clif Bar & Company, Heinz, Kellogg's, and others, employ purees extensively in their infant food products. The majority of goods marketed as a whole, healthy fruits and vegetables are actually purees and water with a trace of fruit or vegetable. Due to parents' busy lifestyles, ready-to-eat baby food sales are increasing. People who live in urban cities often buy baby food products to meet their newborns' basic nutritional needs, since they lack the time to prepare food at home. The superior flavor of prepared infant foods makes them more appealing to children as well, increasing sales of these goods and driving the Avocado Puree Market Demand.
Fresh fruits are frequently used to make fruit juices. However, a number of juice producers have begun adding avocado purees to fruit juices to give them a smooth mix and improve the beverage's thickness. The demand for avocado puree is rising in the juice industry since it preserves all of the juice and a significant portion of the naturally occurring fibrous material in the fruit. The demand for avocado purees will rise in conjunction with the increase in the use of purees in juices. Fruit juices are created using a variety of purees, including mango, strawberry, apple, passion fruit, and others. Numerous businesses are introducing smoothie and juice products made from avocado purees in powder form with additional minerals and nutrients in North America and Europe.
Natural disasters in particular places over time have created an imbalance in the world's food supply chain, which is growing the demand-supply gap and making it more difficult for different nations to adopt efficient food safety measures. In the past few years, there have been a number of instances that are not typical occurrences, and these have shifted the supply of fruits away from final consumers. High weather conditions, such as extreme heat and cold, little or no rainfall, and other natural disasters, have a negative impact on the production of various types of fruits, which in turn has a negative impact on the production of avocado puree. Thus, all these such factors are hampering the Avocado Puree Market Growth.
The non-GMO (Non-genetically modified organisms) trend is also noticeable in several regions of the world, and worries about food safety have increased. Customers expect both the fruit itself and the goods manufactured from it to be pure and natural. Most customers define fresh and natural as being chemical-free and entirely grown in a naturalistic manner. With more consumers requesting organic fruit and manufacturers of beverages and baby food using organic fruit, organic trends have gained traction and have been growing exponentially. It is expected to increase the demand for organic fruit puree over the forecast period. This shows the numerous opportunities for growth for both producers and consumers of avocado puree in this untapped market.
The avocado puree market is segmented into category, application, and sales channel. By category, the market is segmented into organic and conventional. The application are infant foods, beverages, smoothies and yogurt, dressings and sauces, and others. Based on the sales channel, the market is segmented into direct and indirect channel. Further, the indirect sales channel is classified into supermarket/hypermarket, convenience stores, and e-retailers.Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Belgium, Netherland, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Thailand, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, Saudi Arabia, Chile, and Rest of LAMEA).
Based on category, the organic segment held the major share in the market in 2021. The demand for organic products in the developed markets such as the U.S., Germany, France, and the UK is growing rapidly. This is attributed to evolving lifestyle and changing trends in the food & beverages industry. Furthermore, several global brands have introduced their range of organic and clean label plant-based products. Consumers have become conscious about the food and beverages they consume with the knowledge and awareness about the ill effects of synthetic chemicals on their health. Hence, the organic segment is expected to garner a considerable growth rate, owing to increase in consumer inclination toward organic food & beverage products.
Based on the application, infant formula segment held the major share in the market in 2021 and is likely to remain same throughout the Avocado Puree Market Forecast period. Avocado puree is used in the Infant food at major level of its other uses. The avocado provides required nutrients and vitamins. There has been a great shift toward the product consisting or adding avocado puree in it. Infant food consists of various combination of vegetables, fruits, muffins, which all can be added with guacamole, increase in options of infant food, which also provides great opportunity for the increasing in the variety of the products.
Based on the sales channel, the indirect sales segment held the major share in the market in 2021. Indirect sales channel is gaining popularity, owing to availability of broad range of consumer goods under a single roof. In addition, availability of ample parking space and convenient operation timings boost the sale of avocado puree through indirect sales channels. Moreover, increase in urbanization, rise in working-class population, and competitive pricing drive the popularity of indirect sales in developed and developing economies. Furthermore, these stores offer variety of brands in a particular product category, offering more options for consumers to buy avocado puree of their choice. Thus, all these factors collectively contribute toward the growth of the overall market.
Region-wise, North America held the major avocado puree market share in 2021. There is an increase in the consumption of avocado fruit and avocado puree in North America owing to adoption of dietary food habits in the region. People have become more concerned about their health due to rise in obese population, and other chronic diseases caused by improper food habits. They have started following special diet plans that revolve around maintaining healthy body weight and composition. Avocado puree is often used in the food & beverage and bakery industry with a high consumption rate. The adoption of avocado products as regular cooking oil is also high in the U.S. and Canada, which contributes toward the growth of the market.
The key players studied in the report are DMH Ingredients Inc., Ferreiro and Company, Florigin Limited, Florigin Limited, Lemon concentrate S.L.U, Markon, SFI Rotterdam BV, Stonehill Produce, Simped Foods Pty Ltd, The Berry Man, The Food Fellas, The Wilatta Group, and Wholly Guacamole.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the avocado puree market analysis from 2021 to 2031 to identify the prevailing avocado puree market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the avocado puree market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global avocado puree market trends, key players, market segments, application areas, and Avocado Puree Industry growth strategies.
Avocado Puree Market Report Highlights
| Aspects | Details |
 Market Size By 2031 | USD 726.6 million |
 Growth Rate | CAGR of 4.3% |
 Forecast period | 2021 - 2031 |
 Report Pages | 274 |
 By Category |
|
 By Application |
|
 By Sales channel |
|
 By Region |
|
 Key Market Players | WHOLLY GUACAMOLE, Florigin Limited, The Wilatta Group, DMH Ingredients Inc, The FoodFellas, Lemon concentrate S.L.U, Simped Foods Pty Ltd, Grupo Comavo, Markon, SFI Rotterdam BV, The Berry Man, Stonehill Produce, Ferreiro and Company |
Analyst Review
The avocado puree market holds a substantial scope for growth during the forecast period. Currently, the market is witnessing significant growth, and is expected to exhibit steady growth in major markets, such as the U.S., Germany, China, India, and Brazil.
Rise in demand for avocado puree from the food & beverage industry owing to its properties such as high smoking point drives the market growth during the forecast period. There is an increase in the adoption of avocado puree products in the developed countries such as the U.S. and Germany owing to its health benefits associated with the avocado puree. In addition, rise in trend of infant food containing natural and nutritional ingredients in emerging countries is expected to offer remunerative opportunity for market expansion during the forecast period. Furthermore, rise in popularity of avocado oil and puree products in emerging economies due to associated health benefits are anticipated to provide lucrative opportunities for the market growth.
Rise in concern of the people toward the healthy foods habits, awareness toward healthy lifestyle, rising prevalence of health & cardiovascular diseases, and increasing cholesterol levels due to consumption of fast foods are the upcoming trends of Avocado Puree Market in the world.
Infant Food is the leading application of Avocado Puree Market.
North America region is the largest regional market for Avocado Puree.
The global avocado puree market was valued at $480.3 million in 2021, and is projected to reach $726.6 million by 2031, registering a CAGR of 4.3%. North America region held the major share of the 48.3% in 2021.
The key players studied in the report are DMH Ingredients Inc., Ferreiro and Company, Florigin Limited, Florigin Limited, Lemon concentrate S.L.U, Markon, SFI Rotterdam BV, Stonehill Produce, Simped Foods Pty Ltd, The Berry Man, The Food Fellas, The Wilatta Group, and Wholly Guacamole.
Loading Table Of Content...
