LAMEA Guacamole Market Size, Share & Industry Trends Analysis Report By End User (Food Service Industry, Food Processing Industry and Households), By Packaging, By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Guacamole Market would witness market growth of 9.1% CAGR during the forecast period (2022-2028).
Research and development (R&D) in the food manufacturing and processing industries improves products and processes. This helps to save processing costs while also utilizing product innovation. In addition to lowering plant operation costs, it can also help with better logistics and reducing transport expenses.
Almost all guacamole producers use this to improve the distribution network and alter their products to changing consumer desires. Using technology and the most recent food safety practices has helped marginally lower costs. With the help of industry-funded R&D, energy cost reduction, sustainability, and environmental concerns are addressed. Also, the invention is being implemented in biodegradable packaging.
The UAE government is also putting organic farming legislation into effect and developing a certification mechanism to make sure locally cultivated organic fruits and vegetables adhere to worldwide organic farming standards. The development of an organic farming department and an organic farming association in the United Arab Emirates is also contributing significantly to the increase in demand for organic foods in the nation. The need for organic raw materials like guacamole to produce various goods is therefore predicted to fuel market growth in the region with the help of the government's assistance and the growing consumer awareness about the advantages of organic food & beverages.
The Brazil market dominated the LAMEA Guacamole Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $18.7 Million by 2028. The Argentina market is experiencing a CAGR of 9.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Glass Bottles
- Plastic Containers
By Distribution Channel
- Supermarket & Hypermarket
- Business to Business
- Specialty Stores
- Online Stores
- Convenience Stores
- Saudi Arabia
- South Africa
- Rest of LAMEA
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
- Westfalia Fruit (Pty) Ltd.
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