According to IMARC Group’s latest report, titled, “Guacamole Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” the global guacamole market size reached US$ 1.1 Billion in 2021. On account of these factors, IMARC Group expects the market to grow at a CAGR of 7.6% during the forecast period (2022-2027).
Guacamole is a creamy avocado-based condiment that was originated in Mexico. It is prepared by combining mashed avocados with tomatoes, onions, chili peppers, and seasonings like salt and black pepper. In recent years, guacamole has gained popularity worldwide owing to its various health benefits. As a result, it is widely utilized as a dip, condiment, and salad ingredient in various cuisines.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Guacamole Market Trends:
The market is primarily driven by increasing globalization as guacamole has become a part of various international cuisines. Besides this, the consumption of guacamole is associated with numerous health benefits. It mainly consists of avocado, which is a rich source of vitamins, minerals, and fats. It is also packed with potassium, which assists the body in maintaining proper fluid balance. Furthermore, antioxidants and healthy fats present in guacamole are associated with a healthy heart and body weight. Additionally, the demand for guacamole is being escalated by the rapid growth of the fast-food industry, where it serves as a key component in sandwiches, burritos, salads, and several other cuisines. Along with this, key manufacturers in the industry are introducing new variants and using organic ingredients as consumers around the world have become aware of the harmful effects of pesticides and herbicides used in agricultural processes.
Guacamole Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global guacamole market has also been analyzed. Some of the leading players operating in the market are:
- Wholly
- Yucatan
- Sabra
- Calvio
- Salud Food Group
- Westfalia Fruit, etc.
Key Market Segmentation:
The report has segmented the global guacamole market on the basis of form, end use, packaging, distribution channel and region.
Breakup by Form:
- Frozen
- Dried
- Ready to Make
Breakup by End Use:
- Food Processing Industry
- Food Service Industry
- Households
Breakup by Packaging:
- Glass Bottles
- Plastic Containers
- Stand Up Pouches
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Breakup by Distribution Channel:
- Business to Business
- Business to Consumer
- Supermarkets/Hypermarkets
- Convenience Stores
- Online
- Others
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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