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Global Avocado Market Revenues to Exceed US$ 21 Bn by 2026 End; Booming Functional & Healthy Foods to Impact Market Performance over 2018 - 2026

Transparency Market Research (PRNewsfoto/Transparency Market Research)

News provided by

Transparency Market Research

Apr 23, 2018, 09:30 ET

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ALBANY, New York, April 23, 2018 /PRNewswire/ --

Transparency Market Research (TMR), in its recent outlook titled, "Avocado: Global Industry Analysis and Opportunity Assessment 2018-2026", projects that in terms of value, the global revenue of avocado market will expand at a CAGR of 5.9% during the eight-year forecast period. In terms of revenue, the global avocado market is estimated at around US$ 13,600 Mn by the end of 2018 and is anticipated to reach US$ 21,561.8 Mn by 2026 end.

     (Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

By nature, the global avocado market is segmented into organic and conventional. The conventional segment is expected to dominate the global avocado market in terms of both value volume owing to its low production cost and labour input. An organic segment to experience comparatively stronger growth rates owing to the rapid adoption of organic based food in developed regions. By form, the global avocado market is segmented into raw and processed. The raw segment is expected to dominate the global avocado market over the forecast period resulted from the larger fresh avocado demand in retail. The processed segment is further classified into oil, guacamole, puree and other sub-segments. Oil and guacamole are anticipated to account for major revenue shares in the processed avocado segment.

Request A Sample Of Avocado Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=42662

By distribution channel, the avocado market is segmented into direct and indirect. The indirect segment is accounted to be the largest volume share owing to the large retail demand for avocado fruits. The indirect segment is further sub-segmented into store-based retailing and e-retailers. The store-based retailing is comprised of hypermarket/supermarket, convenience stores, independent small grocers, and other store-based retailing. By end-use, the global avocado market is segmented into food & beverage industry, retail, cosmetics and personal care, and other end-user industries. The source, the global avocado market is segmented into hass, reed, fuerte, and other avocado sources. 

Request For Custom Research: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=42662

The Transparency Market Research's report covers recently observed trends driving each segment and offers analysis and insights regarding the potential of the avocado market in specific regions with region wise drivers, restraints, opportunity and trends. Recently, the millennial population is observed to be generating higher demand for fresh foods, ready-to-eat foods, and heat-n-eat fresh prepared foods. Another trend includes increasing consumption of fruits, which will reportedly fuel the growth of fruits and vegetables segment. According to research, growing consumer inclination towards maintaining a healthy lifestyle has led to the higher consumption of healthy food products and food ingredients. Off late, consumers have become more conscious about their food intake and diet. There has been a significant rise in the consumption of tree nuts, which include nuts, organic fruits, vegetables, and avocados over the past few years.

Ask for Discount on Premium Research Report (US$ 5795) With Complete TOC: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=42662

In terms of revenue generation, Latin America and North America currently account for a collective share of over 60% in the global avocado market value. Europe and Asia Pacific tend to witness almost similar growth in terms of volume. Whereas, MEA is expected to form a strong domestic market for its avocado production.

Detailed profiles of the key vendors in the global market for avocado are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the avocado space. Global avocado player includes McDaniel Fruit Co., Henry Avocado Corporation, Del Rey Avocado Co. Inc., The Horton Fruit Company, Fresh Del Monte Produce Inc., Superior Foods Companies, Brooks Tropicals Holding, Inc., Salud Foodgroup Europe B.V., Costa Group Holdings Limited, West Pak Avocado, Inc., Olivado USA, and Calavo Growers, Inc.

Popular Research Reports of TMR: 

  • Micro Irrigation Systems Market: https://www.transparencymarketresearch.com/micro-irrigation-systems-market.html
  • Amino Acid Based Formula Market: https://www.transparencymarketresearch.com/amino-acid-based-formula-market.html
  • Wood Vinegar Market: https://www.transparencymarketresearch.com/wood-vinegar-market.html

About US 

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Transparency Market Research
State Tower,
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Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com

Research Blog: https://cmfenews.com/

SOURCE Transparency Market Research

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