The global guacamole market reached a value of US$ 1.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2027, exhibiting a CAGR of 7.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Guacamole is a thick or semi-liquid paste of avocado mixed with chopped tomatoes, onions, chili peppers, and seasoning. Guacamole was first created in Mexico by the Aztecs but has now gained popularity across the globe and has become a key component of various cuisines as a dip, condiment, salad ingredient, etc.
With increasing globalization, guacamole has become a part of various international cuisines, which has resulted in a significant increase in its demand. Moreover, there are numerous health benefits associated with the consumption of guacamole. It consists mainly of avocado, a rich source of vitamins, minerals and fats. The presence of high fiber content makes guacamole a healthy food option among consumers. Additionally, guacamole is also packed with potassium which helps the body to maintain proper fluid balance. Moreover, guacamole is a rich source of potent oxidants and heart-healthy fats which improve health. It is also associated with a healthy body weight, reduces bloating, and keeps the skin vibrant. Apart from the numerous health benefits, the guacamole market is also being catalyzed by the growth of the global fast-food industry where it is widely used as a condiment and dip. Furthermore, driven by factors such as globalization, changing food habits and rising penetration of social media platforms, the consumer base of guacamole is expanding from its traditional markets in North America to various European and Asian Countries.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global guacamole market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on form, end use, packaging and distribution channel.
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
Competitive Landscape:
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 Questions Answered in This Report
1. What was the size of the global guacamole market in 2021?
2. What is the expected growth rate of the global guacamole market during 2022-2027?
3. What are the key factors driving the global guacamole market?
4. What has been the impact of COVID-19 on the global guacamole market?
5. What is the breakup of the global guacamole market based on the form?
6. What is the breakup of the global guacamole market based on the end use?
7. What is the breakup of the global guacamole market based on the packaging?
8. What is the breakup of the global guacamole market based on the distribution channel?
9. What are the key regions in the global guacamole market?
10. Who are the key players/companies in the global guacamole market?