Industry: Food and Beverages
Published Date: January-2025
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 184
Report ID: PMRREP20581
The global avocado market is estimated to reach a size of US$ 19.79 Bn in 2025. It is predicted to rise at a CAGR of 6.1% through the assessment period to attain a value of US$ 29.91 Bn by 2032.
Surging desire for entire fruits and low-carb foods is driving the avocado market growth. Avocados are well-known for their abundance of nutrients and for being used in popular recipes like avocado toast and guacamole.
Important companies are concentrating on producing high-quality goods and launching sustainable types to satisfy customers who care about the environment. In 2020, Mexico produced more than 2.3 million tons of avocados, making it the top producer. In 2022, the production gone up to 2.5 million tons.
China imported more than 26,000 metric tons of fresh avocados from Peru in 2021, reflecting the steady increase in demand for the fruit in the U.S. over the past 20 years. Avocado acceptance is being fueled by urbanization and rising need for nutrient-dense, protein- and calcium-rich snacks, as well as the surging popularity of high-nutrient foods.
Key Highlights of the Market
Market Attributes |
Key Insights |
Avocado Market Size (2025E) |
US$ 19.79 Bn |
Projected Market Value (2032F) |
US$ 29.91 Bn |
Global Market Growth Rate (CAGR 2025 to 2032) |
6.1% |
Historical Market Growth Rate (CAGR 2019 to 2023) |
5.7% |
The avocado industry in North America is dominated by the U.S. The region is projected to account for 48.6% of the global market share in 2025, with a CAGR of 5.4% from 2025 to 2032.
The U.S. leads the market, driven by local production in California and Florida, which contribute up to 10% of domestic consumption, with the remainder imported, primarily from Mexico. Rising demand for clean-label and organic products has boosted the organic avocado segment.
The avocado industry in Asia Pacific is anticipated to register a CAGR of 7.8% from 2025 to 2032, gaining 26.3% of the worldwide market share in 2025. The retail sector’s dominance and the surging demand from the food and beverage sector, especially in China, Japan, and India, are the main drivers in Asia Pacific. For example,
Raw avocados are predicted to dominate the avocado market, accounting for 79% of share in 2025. In supermarkets and farmer's markets, these are popular because of their high fiber content, health advantages, and rising customer desire for whole, unprocessed foods. For example,
In 2025, conventional avocado cultivation is set to dominate the market, holding 68% of share due to its cost-efficiency and scalability. Despite the rising popularity of organic products, conventional farming remains the preferred method due to its ability to meet the global demand for avocados, reducing time-to-market and yields. For instance,
Growing knowledge of avocado's heart-healthy fats and vital elements has led to an increase in avocado consumption worldwide. For instance,
Rising demand for guacamole and other avocado-based dishes in Mexican and fusion restaurants drives commercial sales. For example,
While climate change and water constraints in traditional growing countries like Mexico stabilize supply and lower price volatility, Westfalia's SmartRipening System is a ripening technology that enhances worldwide distribution and extends shelf life.
The global avocado market recorded a CAGR of 5.7% in the historical period from 2019 to 2023. Over the course of the forecast period, worldwide sales of avocado products are anticipated to generate a value rate of 5.9%, offering significant value chain participants a profitable opportunity. For example,
Customers throughout the world are favoring avocado-based snacks with qualities like high protein, calcium, and nutrition due to rising popularity of high-nutrient foods. Demand for products featuring avocado is estimated to record a considerable CAGR of 6.1% during the forecast period between 2025 and 2032.
Rising Desire among Consumers for a Healthy Lifestyle to Support Growth
Rising healthy lifestyle preferences has boosted the consumption of nutritious food products, including tree nuts, organic fruits, vegetables, and avocados. The healthy trend is fueled by shifting eating habits among the rising middle class in developing countries, where increased disposable income and health awareness drive demand for nutrient-rich diets. For instance,
As consumers prioritize their diet and food intake, such healthy ingredients continue to dominate global markets, supported by innovation and accessibility in the retail and food service sectors.
Popularity of Ready-to-eat Products to Influence Consumer Lifestyle
Growing convenience that busy customers want has led to an increasing popularity of processed and ready-to-eat avocado products, including guacamole, oil, and slices. For example,
The preference for healthy and convenient food options has driven brands like Calavo Growers and Mission Produce to introduce pre-packaged, processed avocado items tailored to modern consumer needs. Adoption of online grocery platforms is increasing accessibility to products like avocados, leading countries like Mexico to innovate supply chain solutions to maintain freshness and meet global demand. This is reflecting a global shift toward timesaving, nutritious food options.
Climate Change May Hamper Production of Avocados
Avocado production is being impacted by climate change and water scarcity, which is causing supply volatility and price fluctuations. In important growing localities such as Mexico, California, and Chile, avocado production is extremely water-intensive, requiring up to 70 gallons of water per tree each day. As a result, it is susceptible to drought and shifting weather patterns. For example,
Increasing Production of Hass Avocado to Present Growth Prospects
Growing popularity of plant-based and low-carb diets, which prioritize nutrient-dense foods and healthy fats, is consistent with such qualities. Hass avocados' high-fat content, rich flavor, and creamy texture are projected to propel them to a 73.5% market share in 2025, dominating the worldwide avocado industry. For example,
According to a marketing campaign started by Westfalia Fruit in November 2023, Hass avocados, a fruit that is both flexible and healthy, have been heavily promoted in plant-based diets. Globally, Hass avocados remain the preferred option for customers and food service companies because of their exceptional flavor and extended shelf life.
Cosmetics and Personal Care Industry Rejuvenates Avocado-infused Beauty Products
The cosmetics and personal care sector is experiencing an increasing demand for avocado oil and extracts due to their high nutritional profile and skincare advantages. Rich in fatty acids and vitamins A, D, and E, avocado oil is preferred for its anti-aging and moisturizing qualities. For example,
Leading brands like L'Oréal and The Body Shop are incorporating avocado oil into their skincare lines, promoting its hydrating and rejuvenating effects. For instance,
The avocado industry is seeing key players prioritize high-quality products, focusing on superior texture and innovative packaging to enhance consumer experience. As demand for avocados rises, producers are working to improve their production capabilities to meet the market's rising needs effectively.
The production of avocado is estimated to be influenced by climate change as well as the disturbance in the global trade of food and beverage products. Regional players in the market are envisioned to streamline the export and import operation of avocado and its by-products.
The avocado market profiles leading companies, with detailed overview of the operations, business strategies, and financial performance reviews. Key industry players explore various business segments, product portfolios, and recent developments, highlighting how to adapt to market trends and consumer preferences.
Recent Industry Developments
Attributes |
Details |
Forecast Period |
2025 to 2032 |
Historical Data Available for |
2019 to 2023 |
Market Analysis |
US$ Billion for Value |
Key Regions Covered |
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Key Market Segments Covered |
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Key Companies Profiled in the Report |
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Report Coverage |
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Customization and Pricing |
Available upon request |
By Source
By Nature
By Form
By Distribution Channel
By Region
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The market size is set to reach US$ 29.91 Bn by 2032.
In 2024, Mexico emerged as the top global avocado producer, generating around 2.6 million tons of avocados.
In 2025, North America is set to attain a market share of 48.6%.
In 2025, the market is estimated to be valued at US$ 19.79 Bn.
McDaniel Fruit Co., Henry Avocado Corporation, Del Rey Avocado Co. Inc., The Horton Fruit Company, and Fresh Del Monte Produce Inc. are a few key players.