The Report Covers Global Avocado Market Supply & Demand, and the Industry is Segmented by Geography (North America, Europe, Asia-Pacific, South America, and Africa). The Report Offers Market Size and Forecasts for all the Above Segments in Volume (Metric Tons) and Value (USD).

This statistic shows the market value of avocados worldwide in 2021, and provides a forecast for 2022 to 2026. The global avocado market was valued at over nine billion U.S. dollars in 2021, and is forecast to reach to more than 19.9 billion U.S. dollars by 2026.

Explore the Avocado Global Market Report 2025 Market trends! Covers key players, growth rate 7.3% CAGR, market size $23.29 Billion, and forecasts to 2033. Get insights now!

Global Hass Avocado Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The Report Offers Detailed Production (Volume), Consumption (Volume and Value), Export (Volume and Value), Import (Volume and Value), and Price Trend Analysis of the Market. The Report Offers Estimation and Forecasts in Value (USD Million) and Volume (Metric Ton) for the Above-Mentioned Segments.

The Japan Avocado Market Report Includes the Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Wholesale Price Trend Analysis. The Report Offers Market Sizing and Forecast in Value (USD) and Volume (Metric Tons).

Global avocado market size & share projected to reach USD 30.22 billion by 2032, to grow at a CAGR of 7.4% during the forecast period.

According to Cognitive Market Research, the global Avocado market size is USD 15548.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 9.70% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 6219.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 4664.46 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 3,576.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 777.41 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 310.96 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
The Organic held the highest Avocado market revenue share in 2024.

Market Dynamics of Avocado Market

Key Drivers of Avocado Market

Growing Health and Wellness Trends to Increase the Demand Globally

Consumers prioritize healthy eating habits due to growing health and wellness trends, with avocados emerging as a favorite "superfood." Avocados are well known for having a rich nutrient profile. They include fiber, potassium, magnesium, healthy fats, and vitamins C, E, K, and B. Avocados appeal to health-conscious people who want to enhance their nutrition and general well-being because of this nutrient combination. Their adaptability to a wide range of recipes—from salads to smoothies—further increases their appeal to people trying to include healthful foods in their regular meals, supporting the growing movement toward mindful eating and nutrition-focused lives.

Rising Popularity of Avocado-based Dishes to Propel Market Growth

Recent years have seen a notable upsurge in the popularity of avocado-based foods like guacamole and avocado toast, which has fueled market expansion. Avocados are a versatile element in many culinary creations because of their rich flavor and creamy texture, which appeals to a wide range of consumers looking for taste and nutrition. The growing popularity of these recipes indicates a larger movement in diets towards fresher, more nutrient-dense foods and healthier eating practices. Avocado-based meals are becoming increasingly popular in various cuisines and eating contexts. This popularity contributes significantly to the development of culinary trends and the expansion of the food sector.

Restraint Factors of Avocado Market

Environmental Concerns to Limit the Sales

There are worries regarding the sustainability of avocado production due to environmental concerns in some areas. For the market to thrive over the long term, issues like water scarcity and deforestation caused by particular farming practices must be addressed immediately. Sustainable agricultural practices, such as effective irrigation methods and reforestation initiatives, must be implemented to lessen environmental effects. Furthermore, encouraging programs that support fair trade and responsible sourcing can help to create an avocado sector that is more environmentally friendly. Addressing these issues makes the market more sustainable and keeps avocado production viable. It also conforms to consumer desires for environmentally and ethically sensitive items.

Impact of COVID-19 on the Avocado Market

The COVID-19 outbreak has presented opportunities and obstacles for the avocado market. Lockdown procedures initially caused supply chain disruptions, which resulted in logistical challenges and limited market access. Demand dynamics were also impacted by changes in consumer behavior and unpredictabilities in international trade. However, demand for avocados increased during lockdowns, especially in retail channels, as more individuals cooked at home and concentrated on adopting healthier eating practices. Additionally, the epidemic brought attention to the significance of food security and increased demand for wholesome, adaptable commodities like avocados. The avocado market proved resilient in the face of temporary setbacks; changes in consumer tastes and distribution channels ...

According to Cognitive Market Research, the global Frozen Avocado market size will be USD 145.9 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 58.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 43.77 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 33.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 7.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2.92 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The hunting held the highest Frozen Avocado market revenue share in 2024.

Market Dynamics of Frozen Avocado Market

Key Drivers for Frozen Avocado Market

Increased Convenience to Increase the Demand Globally

Frozen avocados provide an incredibly handy choice for purchasers looking for a prepared-to-use answer. Unlike clean avocados, which require time to ripen and instruction for use, frozen avocados are pre-peeled, pitted, and chopped, saving treasured time and effort. This convenience is mainly useful for busy individuals who want to incorporate avocados into their food plan without the problem of dealing with ripeness and education. Additionally, frozen avocados can be stored for longer durations, decreasing waste and ensuring that consumers continually have a ripe avocado accessible. Overall, the provision of frozen avocados streamlines meal guidance, making them a sensible desire for the ones seeking efficiency and satisfactory of their food picks.

Health Consciousness to Propel Market Growth

Avocados are increasingly popular amongst fitness-conscious customers because of their wealthy dietary profile. Packed with healthful monounsaturated fats, avocados help coronary heart health by way of lowering horrific cholesterol levels. They also are a tremendous source of dietary fiber, which aids in digestion and promotes satiety. Additionally, avocados are rich in critical vitamins, which include Vitamin K, Vitamin E, Vitamin C, and B-nutrients, which contribute to average well-being and immune help. As humans are trying to find handy and nutritious meal options, avocados meet these wishes perfectly, offering a short manner to decorate food with beneficial vitamins. Their alignment with the trend closer to fitness and well-being makes them an appropriate desire for those prioritizing a balanced weight-reduction plan.

Restraint Factor for the Frozen Avocado Market

Consumer Perception to Limit the Sales

Consumer belief in frozen avocados can be encouraged through preconceived notions about their taste, texture, and dietary fee as compared to sparkling avocados. Some individuals may fear that freezing affects the taste or texture, fearing that frozen avocados could be tender or less flavorful than their clean counterparts. There can also be concerns approximately the nutritional integrity of frozen avocados, with some consumers questioning whether or not they preserve the same health benefits as clean ones. Overcoming those perceptions calls for schooling on the generation used in freezing and how it preserves the avocados' quality. Highlighting that frozen avocados keep their dietary value and may be used correctly in plenty of dishes can assist shift consumer attitudes and boom attractiveness.

Impact of Covid-19 on the Frozen Avocado Market

The frozen avocado marketplace skilled tremendous shifts because of COVID-19. Initially, the pandemic led to supply chain disruptions, decreased manufacturing, and transportation demanding situations, inflicting shortages and charges will increase. Consumer calls for frozen foods surged as people sought longer-lasting, convenient alternatives all through lockdowns. This shift in intake styles quickly boosted the frozen avocado market. However, the closure of the food service sector and eating place regulat...

The Spain Avocado Market Report Includes the Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Wholesale Price Trend Analysis for Major Countries. The Report Offers Market Sizing and Forecast in Value (USD) and Volume (metric Tons).

In 2023, Mexico held 60 percent of the global avocado market share. Peru ranked second with 13 percent, followed by Chile, with seven percent of the global market share.

The Kenyan avocado market contracted to $591M in 2024, standing approx. at the previous year. In general, consumption, however, showed a strong expansion. Over the period under review, the market attained the maximum level at $591M in 2023, and then contracted slightly in the following year.

avocado market

The size and share of the market is categorized based on Application (Hass Avocado, Fuerte Avocado, Bacon Avocado, Reed Avocado, Pinkerton Avocado) and Product (Food Industry (Fresh Consumption, Guacamole, Salads), Cosmetics, Dietary Supplements, Foodservice, Retail) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Mexico harvested over 2.9 million tons of avocados in 2023, making that country the top producer of avocados worldwide. Avocado cultivation Avocados are native to Mexico and Central America but are now grown in many different regions across the globe. They take a significant amount of resources to cultivate, since an avocado tree takes between three and five years before it begins bearing fruit. Over 252 thousand hectares of avocado trees were planted in Mexico as of 2022, up from 168.11 thousand hectares in 2013. Avocado consumption in the U.S. Avocados have been sold in the United States for decades but only recently has their popularity exploded. In 2021, some 2.7 billion U.S. dollars of avocados were sold in the United States, which is more than double the sales value of avocados in 2014. Domestic consumption of avocados in the United States was forecast to exceed 2.7 billion pounds in 2022. To put this in perspective, in 2000, only about 542 million pounds of avocados were consumed in the United States.

The global avocado market amounted to $22.1B in 2024, picking up by 4.3% against the previous year. Overall, consumption, however, saw a buoyant increase. Global consumption peaked in 2024 and is expected to retain growth in years to come.

Avocado Market size was valued at USD 13.05 Billion in 2023 and is projected to reach USD 25.13 Billion by 2031, growing at a CAGR of 8.54% during the forecasted period 2024 to 2031.

Avocado Market: Definition/ Overview

The avocado, scientifically known as Persea americana, is a tropical fruit characterized by its creamy texture and rich flavor. This pear-shaped fruit typically features a thick, dark green to purple skin and contains a large, single seed surrounded by soft, pale green flesh. Avocados are renowned for their nutritional benefits, being high in healthy fats, particularly monounsaturated fat, as well as vitamins such as E, K, and various B vitamins. They are often consumed raw in salads, spreads, or as a key ingredient in dishes like guacamole.

The fruit is also referred to as “alligator pear” due to its leathery skin and shape. Originating from Central and South America, avocados have gained global popularity for their versatility in both savory and sweet culinary applications.

Norway's avocado market is projected to grow at over 8% CAGR from 2024 to 2029, as consumer interest in avocados continues to rise significantly.

In 2023, Mexico was the leading exporter of avocados worldwide, with an export value of over 2.8 billion U.S. dollars. The Netherlands ranked second, with a billion U.S. dollars, followed by Peru, with an export value of 963 million U.S. dollars.

The market size of the Hass Avocado Market is categorized based on Type (Pure Hass Avocado, Hybrid Haas Avocado) and Application (Self Sale, Export) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

This report provides insights into the market size and forecasts the value of the market, expressed in USD million, across these defined segments.

In 2023, Mexican avocado exports amounted to nearly 2.84 billion U.S. dollars. In recent years, fresh avocado production in the country has exceeded two million metric tons.

The avocado boom

The vast majority of avocados exported from Mexico are imported in the United States. Marketed as a nutritional fruit associated with a healthy lifestyle, avocados have become a fast-growing trend in the United States, and consumption has soared in the past decade. Fresh avocado production in Mexico has widely expanded to keep up with rising demand, particularly in the western state of Michoacán.

Agricultural work in Mexico

While the harvested area of avocado in Mexico has more than doubled in the past twenty years, the share of employment in the country’s agricultural sector has nevertheless decreased and holds the lowest distribution of the workforce of any major sector. Over half of all workers in Mexico are employed in services, and nearly a quarter in industry.