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Avocados Market Poised to Grow at 6.2% CAGR through 2027 as Healthy & Wellness Reign Supreme

Press release Description

Albany, New York, June 5, 2018: Global demand for avocados is likely to grow at a CAGR of 6.2% during 2017-2027, according to a new research study added to the repository of Market Research Reports Search Engine (MRRSE). According to the report, titled, “Global Market Study on Avocados: Consumption in Europe to Increase at a Robust Rate During 2017 – 2027”, the avocados market is likely to reach nearly US$ 23 Bn by the end of the forecast period.

The research study offers in-depth insights and analysis on the key factors driving the global demand for avocados globally. An analysis on the key opportunities and trends that are likely to impact market growth has also been included for the perusal of the readers. The research study also includes in-depth assessment on the key challenges that are likely to impede market growth during the forecast period.

According to the report, the demand for avocados is influenced by growing emphasis among consumers on maintaining health and well-being. The broader focus on health and well-being are likely to provide an impetus to sales of nuts, organic products, and avocados during the assessment period.

Another key factor that is driving the growth of avocados is the rising popularity of Latin American and Mexican flavors. The surging popularity of these flavors is likely to provide an impetus to the uptake of avocados among end-use industries. The food and beverage industry is also making changes to the manufacturing process, by including healthy ingredients in its offerings. These factors are also likely to provide an impetus to growth during the assessment period.

The report has segmented the global avocados market on the basis of form, end-use, distribution channel, and region. According to the report, the key segments on the basis of form include raw and processed. By end use, the key segments include food industry, cosmetics industry, and retail. The leading distribution channels analyzed in the report are direct and indirect. The indirect distribution channel is further sub-segmented into supermarket/hypermarket, e-retailers, specialty stores, and others. The region-wise analysis in the market includes North America, Latin America, Asia Pacific excluding Japan (APEJ), Europe, Middle East & Africa (MEA), and Japan.

The business intelligence study also offers an analysis on the competitive landscape in the market. According to the report, some of the leading players in the market include AvoHealth, Spectrum Organics Products LLC, Dipasa USA, Inc., Sesajal S.A de C.V, Cibaria International, Olivado USA, Calpure Foods Inc., Storino’s Quality Products, Avohass and La Tourangelle.

Browse Full Global Avocados Market Report with TOC : https://www.mrrse.com/avocado-market

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