According to a new report, published by KBV research, The Global Avocado Puree Market size is expected to reach $687.2 million by 2030, rising at a market growth of 5.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 58,858.3 Tonnes, experiencing a growth of 5.6% (2019-2022).
The Conventional segment is anticipated to have a CAGR of 6.7% during (2023 - 2030). Conventional avocado puree serves as a staple ingredient in various culinary applications. It is suitable for implementation in dips, spreads, sauces, dressings, and marinades due to its mild flavor and creamy texture. It is a versatile component in both traditional and modern recipes. The conventional segment drives the production of ready-to-eat avocado-based products. These products include pre-made guacamole, avocado spreads, and other convenient options that cater to consumers seeking quick and easy solutions for incorporating avocados into their meals.
The Indirect Sales segment is leading the Global Avocado Puree Market, By Sales Channel in 2022 thereby, achieving a market value of $530.9 Million by 2030. Indirect sales allow avocado puree to be distributed through diverse retail channels, including supermarkets, grocery stores, specialty food stores, and online marketplaces. This variety of channels provides consumers with multiple access points to avocado puree products. Indirect sales facilitate the inclusion of avocado puree in the assortments of grocery stores and supermarkets. This exposure increases the likelihood of consumers encountering avocado puree during regular shopping trips, prompting spontaneous purchases.
The Smoothies & Yogurt segment is experiencing a CAGR of 5.9% during (2023 - 2030). Avocado puree is rich in essential nutrients, including monounsaturated fats, vitamins, minerals, and dietary fiber. Its addition to smoothies & yogurt enhances the nutritional profile of these products, providing consumers with a nutrient-dense and wholesome option for their diet. The creamy texture of avocado puree contributes to a smooth and velvety mouthfeel when blended into smoothies and yogurt. This desirable texture enhances the overall sensory experience, making these products more enjoyable. Avocado puree adds a mild buttery flavor to smoothies and yogurt, complementing a variety of other ingredients. Its subtle taste allows for versatility in flavor combinations, making it a suitable addition to sweet and savoury profiles.
Full Report: https://www.kbvresearch.com/avocado-puree-market/
The North America region dominated the Global Avocado Puree Market, By Region in 2022 thereby, achieving a market value of $312.9 Million by 2030, growing at a CAGR of 4.7 % during the forecast period. The Asia Pacific region is experiencing a CAGR of 6.2% during (2023 - 2030). Additionally, The Europe region would witness a CAGR of 5% during (2023 - 2030).
By Category (Volume, Tonnes, USD Million, 2019-2030)
By Sales Channel (Volume, Tonnes, USD Million, 2019-2030)
By Application (Volume, Tonnes, USD Million, 2019-2030)
By Geography (Volume, Tonnes, USD Million, 2019-2030)