The Guacamole Global Market Report 2023, provides comprehensive information on the guacamole market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Guacamole Global Market Report 2023, the global guacamole market size is expected to grow from $1.04 billion in 2022 to $1.15 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The guacamole market size is expected to reach $1.66 billion in 2027 at a CAGR of 9.4%.
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Product innovations are a key trend gaining popularity in the guacamole market. Major companies operating in the guacamole market are focused on developing new solutions to strengthen their position in the market. In May 2021, Sabra Dipping Co. LLC, a US-based company that produces Middle Eastern-style and other food products, including hummus and guacamole, launched its new Mexican Street Corn-Inspired Guacamole. The new product is available in a 1 lb (16 oz) package with a resealable lid and is made with lime, juicy sweet corn, chipotle, and hand-picked, Mexican-grown Hass avocados.
The guacamole market is segmented:
By Nature: Organic, Conventional
By Packaging: Glass Bottles, Glass Jars, Plastic Containers, Stand-Up Pouches
By Form: Frozen, Dried, Ready to make
By Distribution Channels: Supermarkets/Hypermarkets, Convenience Stores, Online, Specialty Stores
By End-use: Households, Food Processing Industry, Food Service Industry
North America was the largest region in the guacamole market in 2022.
The table of contents in TBRC’s guacamole market report includes:
1. Executive Summary
2. Guacamole Market Characteristics
3. Guacamole Market Trends And Strategies
4. Guacamole Market – Macro Economic Scenario
5. COVID-19 Impact On Guacamole Market
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26. Africa Guacamole Market
27. Guacamole Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Guacamole Market
29. Guacamole Market Future Outlook and Potential Analysis
30. Appendix
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