The North America Guacamole Market would witness market growth of 5.1% CAGR during the forecast period (2022-2028).
Guacamole is typically categorized as being plant-based. Plant-based diets increase intestinal health, which promotes a better immune system and nutrient absorption. The market is also growing due to the rising popularity of social media platforms and the emerging trend of food vlogging. Furthermore, there is an increasing demand for quick meals as a result of the busy schedules of people. These components emphasize the need for meals requiring the least effort and preparation time; guacamole is ideal for this.
Also, because guacamole has a longer shelf life, producers have developed the newest cold-press technologies, like high-pressure processing, to preserve the flavor and freshness of the dish. Several of the largest manufacturers are also making considerable investments to ensure the freshness of the avocados used as the primary ingredient in premium guacamole. As a result, the number of avocados consumed per person tripled in the North American region, a key producer and consumer of guacamole.
Large manufacturers have been forced to import the fruit from nearby nations such as Mexico and ferment it to make guacamole because of the enormous demand, even though the native supply of the fruit has dropped. In addition, the demand for avocados and products made with avocados has grown due to the various health benefits and flexibility. It has proven a success as a more wholesome and delicious alternative to standard meal alternatives. Therefore, the guacamole market size is projected to increase due to the above considerations.
The United States and Canada have significant urbanization rates, with many major cities in each country having populations of over a million. In addition to it, there is a reputable restaurant service operation. In addition, the abundance of supermarkets and hypermarkets, in addition to the long-standing modern retail establishments, are driving the simple availability. These factors are combined with the high uptake. The inhabitants of the United States have one of the highest per capita incomes and, as a result, substantial incomes that they are free to spend as they like. Their ability to buy more things increases. These aspects are likely to positively affect the demand for guacamole in the region.
The US market dominated the North America Guacamole Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $412.3 Million by 2028. The Canada market is poised to grow at a CAGR of 7.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.5% during (2022 - 2028).
Based on End User, the market is segmented into Food Service Industry, Food Processing Industry and Households. Based on Packaging, the market is segmented into Glass Bottles, Pouches and Plastic Containers. Based on Distribution Channel, the market is segmented into Supermarket & Hypermarket, Business to Business, Specialty Stores, Online Stores and Convenience Stores. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Guacamole Market is Projected to reach USD 1.2 Billion by 2028, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hormel Foods Corporation, Calavo Growers, Inc., Avo-King International, Inc., Casa Sanchez SF, Salud Foodgroup Europe BV, Snowcrest Foods Ltd., Simpson Farms Pty. Ltd., Aguacates seleccionados JBR, Propal and Westfalia Fruit (Pty) Ltd.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Food Service Industry
- Food Processing Industry
- Households
By Packaging
- Glass Bottles
- Pouches
- Plastic Containers
By Distribution Channel
- Supermarket & Hypermarket
- Business to Business
- Specialty Stores
- Online Stores
- Convenience Stores
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hormel Foods Corporation
- Calavo Growers, Inc.
- Avo-King International, Inc.
- Casa Sanchez SF
- Salud Foodgroup Europe BV
- Snowcrest Foods Ltd.
- Simpson Farms Pty. Ltd.
- Aguacates seleccionados JBR
- Propal
- Westfalia Fruit (Pty) Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Guacamole Market, by End User
1.4.2 North America Guacamole Market, by Packaging
1.4.3 North America Guacamole Market, by Distribution Channel
1.4.4 North America Guacamole Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Guacamole Market by End User
3.1 North America Food Service Industry Market by Country
3.2 North America Food Processing Industry Market by Country
3.3 North America Households Market by Country
Chapter 4. North America Guacamole Market by Packaging
4.1 North America Glass Bottles Market by Country
4.2 North America Pouches Market by Country
4.3 North America Plastic Containers Market by Country
Chapter 5. North America Guacamole Market by Distribution Channel
5.1 North America Supermarket & Hypermarket Market by Country
5.2 North America Business to Business Market by Country
5.3 North America Specialty Stores Market by Country
5.4 North America Online Stores Market by Country
5.5 North America Convenience Stores Market by Country
Chapter 6. North America Guacamole Market by Country
6.1 US Guacamole Market
6.1.1 US Guacamole Market by End User
6.1.2 US Guacamole Market by Packaging
6.1.3 US Guacamole Market by Distribution Channel
6.2 Canada Guacamole Market
6.2.1 Canada Guacamole Market by End User
6.2.2 Canada Guacamole Market by Packaging
6.2.3 Canada Guacamole Market by Distribution Channel
6.3 Mexico Guacamole Market
6.3.1 Mexico Guacamole Market by End User
6.3.2 Mexico Guacamole Market by Packaging
6.3.3 Mexico Guacamole Market by Distribution Channel
6.4 Rest of North America Guacamole Market
6.4.1 Rest of North America Guacamole Market by End User
6.4.2 Rest of North America Guacamole Market by Packaging
6.4.3 Rest of North America Guacamole Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Hormel Foods Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 Calavo Growers, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Geographical Expansions:
7.3 Avo-King International, Inc.
7.3.1 Company Overview
7.4 Casa Sanchez SF
7.4.1 Company Overview
7.5 Salud Foodgroup Europe BV
7.5.1 Company Overview
7.6 Snowcrest Foods Ltd.
7.6.1 Company Overview
7.7 Simpson Farms Pty. Ltd.
7.7.1 Company Overview
7.8 Aguacates seleccionados JBR
7.8.1 Company Overview
7.9 Propal
7.9.1 Company Overview
7.10. Westfalia Fruit (Pty) Ltd.
7.10.1 Company Overview
TABLE 1 North America Guacamole Market, 2018 - 2021, USD Million
TABLE 2 North America Guacamole Market, 2022 - 2028, USD Million
TABLE 3 North America Guacamole Market by End User, 2018 - 2021, USD Million
TABLE 4 North America Guacamole Market by End User, 2022 - 2028, USD Million
TABLE 5 North America Food Service Industry Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Food Service Industry Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Food Processing Industry Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Food Processing Industry Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Households Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Households Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Guacamole Market by Packaging, 2018 - 2021, USD Million
TABLE 12 North America Guacamole Market by Packaging, 2022 - 2028, USD Million
TABLE 13 North America Glass Bottles Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Glass Bottles Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Pouches Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Pouches Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Plastic Containers Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Plastic Containers Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Guacamole Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 20 North America Guacamole Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 21 North America Supermarket & Hypermarket Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Supermarket & Hypermarket Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Business to Business Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Business to Business Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Specialty Stores Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Specialty Stores Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Online Stores Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Online Stores Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Convenience Stores Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Convenience Stores Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Guacamole Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Guacamole Market by Country, 2022 - 2028, USD Million
TABLE 33 US Guacamole Market, 2018 - 2021, USD Million
TABLE 34 US Guacamole Market, 2022 - 2028, USD Million
TABLE 35 US Guacamole Market by End User, 2018 - 2021, USD Million
TABLE 36 US Guacamole Market by End User, 2022 - 2028, USD Million
TABLE 37 US Guacamole Market by Packaging, 2018 - 2021, USD Million
TABLE 38 US Guacamole Market by Packaging, 2022 - 2028, USD Million
TABLE 39 US Guacamole Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 US Guacamole Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Canada Guacamole Market, 2018 - 2021, USD Million
TABLE 42 Canada Guacamole Market, 2022 - 2028, USD Million
TABLE 43 Canada Guacamole Market by End User, 2018 - 2021, USD Million
TABLE 44 Canada Guacamole Market by End User, 2022 - 2028, USD Million
TABLE 45 Canada Guacamole Market by Packaging, 2018 - 2021, USD Million
TABLE 46 Canada Guacamole Market by Packaging, 2022 - 2028, USD Million
TABLE 47 Canada Guacamole Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 48 Canada Guacamole Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 49 Mexico Guacamole Market, 2018 - 2021, USD Million
TABLE 50 Mexico Guacamole Market, 2022 - 2028, USD Million
TABLE 51 Mexico Guacamole Market by End User, 2018 - 2021, USD Million
TABLE 52 Mexico Guacamole Market by End User, 2022 - 2028, USD Million
TABLE 53 Mexico Guacamole Market by Packaging, 2018 - 2021, USD Million
TABLE 54 Mexico Guacamole Market by Packaging, 2022 - 2028, USD Million
TABLE 55 Mexico Guacamole Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Mexico Guacamole Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Rest of North America Guacamole Market, 2018 - 2021, USD Million
TABLE 58 Rest of North America Guacamole Market, 2022 - 2028, USD Million
TABLE 59 Rest of North America Guacamole Market by End User, 2018 - 2021, USD Million
TABLE 60 Rest of North America Guacamole Market by End User, 2022 - 2028, USD Million
TABLE 61 Rest of North America Guacamole Market by Packaging, 2018 - 2021, USD Million
TABLE 62 Rest of North America Guacamole Market by Packaging, 2022 - 2028, USD Million
TABLE 63 Rest of North America Guacamole Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 64 Rest of North America Guacamole Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 65 Key Information – Hormel Foods Corporation
TABLE 66 Key Information – Calavo Growers, Inc.
TABLE 67 Key Information – Avo-King International, Inc.
TABLE 68 Key Information – Casa Sanchez SF
TABLE 69 Key Information – Salud Foodgroup Europe BV
TABLE 70 Key Information – Snowcrest Foods Ltd.
TABLE 71 Key Information – Simpson Farms Pty. Ltd.
TABLE 72 Key Information – Aguacates seleccionados JBR
TABLE 73 Key Information – Propal
TABLE 74 Key Information – Westfalia Fruit (Pty) Ltd.
List of Figures
FIG 1 Methodology for the research