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GlobeNewsWire
6 months ago
Avocados Market Report 2025, with Profiles of Major and Innovative Companies including Del Rey Avocado, Oppy, AustChilli, West Pak Avocado, Duclos Farms, Calavo Growers, Costa, Westfalia Fruit & more
Dublin, March 25, 2025 (GLOBE NEWSWIRE) -- The "Avocados Market Report 2025" has been added to ResearchAndMarkets.com's offering. This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. The avocados market size has grown rapidly in recent years. It will grow from $19.37 billion in 2024 to $21.32 billion in 2025 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to increased awareness of the health benefits, nutritious and low in calorie food, increasing demand for organic goods, growth in infant food segment, changing dietary habits. The avocados market size is expected to see strong growth in the next few years. It will grow to $30.85 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to shift in avocado-based products sales from brick-and-mortar stores to eCommerce platforms, rising adoption of organic food products, rise in avocado-based snacks, convenience foods, and products, growing demand for ready-to-eat and ready-to-cook food products, increasing demand for exotic fruits and vegetables.