Middle East & Africa Avocado and Avocado Derivatives Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Whole, Oil, Puree, and Others), Category (Organic and Conventional), and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)

BMIRE00028298 | Pages: 99 | Food and Beverages | Apr 2023 | Type: Regional | Status: Published

The Middle East & Africa avocado and avocado derivatives market is expected to grow from US$ 217.38 million in 2022 to US$ 272.00 million by 2028. It is estimated to grow at a CAGR of 3.8% from 2022 to 2028.

Rising Demand for Natural Ingredients in Various Industries in Middle East & Africa Avocado and Avocado Derivatives Market

Organic and natural products are gaining significant popularity owing to their perceived health benefits. People in the region are highly concerned about their health and wellness, and they pay more attention to ingredients used in processed products. They are willing to pay high prices for products that are free of synthetic ingredients. Thus, industries such as personal care, food & beverages, and pharmaceutical are incorporating plant-based ingredients such as avocado oil, powder, and extract into their products. With a focus on holistic and conscious food consumption, consumers prefer products made with natural and ethically sourced ingredients. Moreover, using natural substances for cosmetics manufacturing, which have no adverse effects on the skin, is common approach manufacturers use to attract more customers. Thus, the increasing demand for natural ingredients among various end-use industries is expected to further create a lucrative growth opportunity for the Middle East & Africa avocado and avocado derivatives market.

Middle East & Africa Avocado and Avocado Derivatives Market Overview

With a recovery in economic growth and appreciation of the local currency following the recession and severe depreciation in 2016, food & beverages, cosmetics & personal care, and pharmaceuticals industries witnessed significant growth in the region. Additionally, consumers’ inclination toward healthy choices offered by avocado and avocado-based products is fueling the growth of the food & beverages market in the region.

According to South Africa Online (Pty) Ltd., South Africa is one of the world's major avocado producers. However, its annual production of between 80,000 and 120,000 tons is far behind top producer Mexico's 1.5 million tons. The export estimate for the 2019 season from March to October was 14.5 million of 4 kg cartons, which amounts to 58,000 tons. Derek Donkin, CEO of the South African Subtropical Growers' Association (Subtrop), estimated that, till 2019, total 110,000 tons of crops would be planted. Therefore, future production of avocados in South Africa is expected to grow, with an additional 1000–1500 ha to be planted annually for at least the next five years from 2019 onward. Exports should exceed 20 million cartons at this growth rate and will expand if the industry continues to grow. As consumers across the region are becoming more sophisticated and health conscious, they are increasingly preferring natural and organic products to standard products. The growing awareness regarding the benefits of consuming avocado and avocado-based products is augmenting the market growth.

Middle East & Africa Avocado and Avocado Derivatives market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Avocado and Avocado Derivatives market Revenue and Forecast to 2028 (US$ Million)

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Middle East & Africa Avocado and Avocado Derivatives market Segmentation

The Middle East & Africa avocado and avocado derivatives market is segmented on the basis of type, category, application, and country. Based on type, the Middle East & Africa avocado and avocado derivatives market is segmented into whole, oil, puree, and others. The whole segment registered a larger market share in 2022.

Based on category, the Middle East & Africa avocado and avocado derivatives market is bifurcated into organic, and conventional. The conventional segment registered a larger market share in 2022.

Based on application, the Middle East & Africa avocado and avocado derivatives market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and others. The food and beverages segment registered the largest market share in 2022.

Based on country, the Middle East & Africa avocado and avocado derivatives market is segmented into South Africa, Saudi Arabia, UAE, and the Rest of Middle East & Africa. Rest of Middle East & Africa dominated the market share in 2022.

Avocado Brasil Comercio de Alimentos Ltda, ConnOils LLC, Exportadora Propal SA, Lemonconcentrate SLU, Meridian Fruits SPR de RL de CV, Mission Produce Inc, Salud Foodgroup Europe BV, and Westfalia Fruit Pty Ltd are the leading companies operating in the Middle East & Africa avocado and avocado derivatives market.   

1.           Introduction

1.1          Study Scope

1.2          The Insight Partners Research Report Guidance

1.3          Market Segmentation

1.3.1          Middle East & Africa Avocado and Avocado Derivatives Market, by Type

1.3.2          Middle East & Africa Avocado and Avocado Derivatives Market, by Category

1.3.3          Middle East & Africa Avocado and Avocado Derivatives Market, by Application

1.3.4          Middle East & Africa Avocado and Avocado Derivatives Market, by Country

2.           Key Takeaways

3.        Research Methodology

3.1          Scope of the Study

3.2          Research Methodology

3.2.1          Data Collection:

3.2.2          Primary Interviews:

3.2.3          Hypothesis formulation:

3.2.4          Macro-economic factor analysis:

3.2.5          Developing base number:

3.2.6          Data Triangulation:

4.           Middle East & Africa Avocado and Avocado Derivatives Market Landscape

4.1          Market Overview

4.2          Porter's Five Forces Analysis

4.2.1          Bargaining Power of Suppliers

4.2.2          Bargaining Power of Buyers

4.2.3          Threat of New Entrants

4.2.4          Intensity of Competitive Rivalry

4.2.5          Threat of Substitutes

4.3          Expert Opinion

4.4          Ecosystem Analysis

4.4.1          Cultivators and Growers

4.4.2          Manufacturers

4.4.3          End-Use Industries

5.           Middle East & Africa Avocado and Avocado Derivatives Market – Key Market Dynamics

5.1          Market Drivers

5.1.1          Strategic Development Initiatives by Manufacturers

5.1.2          Demand from Personal Care Industry

5.2          Market Restraints

5.2.1          High Prices of Avocado and Availability of Substitutes of Avocado Products at Lower Costs

5.3          Market Opportunities

5.3.1          Rising Demand for Natural Ingredients in Various Industries

5.4          Future Trends

5.4.1          Popularity of Organic Avocado

5.5          Impact Analysis of Drivers and Restraints

6.           Avocado and Avocado Derivatives– Middle East & Africa Market Analysis

6.1          Middle East & Africa Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)

7.           Middle East & Africa Avocado and Avocado Derivatives Market Analysis – By Type

7.1          Overview

7.2          Middle East & Africa Avocado and Avocado Derivatives Market, By Type (2021 and 2028)

7.3          Whole

7.3.1          Overview

7.3.2          Whole: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

7.4          Oil

7.4.1          Overview

7.4.2          Oil: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

7.5          Puree

7.5.1          Overview

7.5.2          Puree: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

7.6          Others:

7.6.1          Overview

7.6.2          Others: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

8.           Middle East & Africa Avocado and Avocado Derivatives Market Analysis – By Category

8.1          Overview

8.2          Middle East & Africa Avocado and Avocado Derivatives Market, By Category (2021 and 2028)

8.3          Organic

8.3.1          Overview

8.3.2          Organic: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

8.4          Conventional

8.4.1          Overview

8.4.2          Conventional: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

9.           Middle East & Africa Avocado and Avocado Derivatives Market Analysis – By Application

9.1          Overview

9.2          Avocado and Avocado Derivatives Market, By Application (2021 and 2028)

9.3          Food and Beverages

9.3.1          Overview

9.3.2          Food and Beverages: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

9.4          Pharmaceuticals and Nutraceuticals

9.4.1          Overview

9.4.2          Pharmaceuticals and Nutraceuticals: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

9.5          Personal Care

9.5.1          Overview

9.5.2          Personal Care: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

9.6          Others

9.6.1          Overview

9.6.2          Others: Avocado and Avocado Derivatives Market– Revenue and Forecast to 2028 (US$ Million)

10.        Middle East & Africa Avocado and Avocado Derivatives Market – Country Analysis

10.1        Overview

10.1.1        Middle East and Africa: Avocado and Avocado Derivatives Market, by Key Country

10.1.1.1          South Africa: Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1           South Africa: Avocado and Avocado Derivatives Market, By Type

10.1.1.1.2           South Africa: Avocado and Avocado Derivatives Market, by Category

10.1.1.1.3           South Africa: Avocado and Avocado Derivatives Market, By Application

10.1.1.2          UAE: Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1           UAE: Avocado and Avocado Derivatives Market, By Type

10.1.1.2.2           UAE: Avocado and Avocado Derivatives Market, by Category

10.1.1.2.3           UAE: Avocado and Avocado Derivatives Market, By Application

10.1.1.3          Saudi Arabia: Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1           Saudi Arabia: Avocado and Avocado Derivatives Market, By Type

10.1.1.3.2           Saudi Arabia: Avocado and Avocado Derivatives Market, by Category

10.1.1.3.3           Saudi Arabia: Avocado and Avocado Derivatives Market, By Application

10.1.1.4          Rest of Middle East and Africa: Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1           Rest of Middle East and Africa: Avocado and Avocado Derivatives Market, by Type

10.1.1.4.2           Rest of Middle East and Africa: Avocado and Avocado Derivatives Market, by Category

10.1.1.4.3           Rest of Middle East and Africa: Avocado and Avocado Derivatives Market, By Application

11.        Company Profiles

11.1        Westfalia Fruit Pty Ltd

11.1.1        Key Facts

11.1.2        Business Description

11.1.3        Products and Services

11.1.4        Financial Overview

11.1.5        SWOT Analysis

11.1.6        Key Developments

11.2        Salud Foodgroup Europe BV

11.2.1        Key Facts

11.2.2        Business Description

11.2.3        Products and Services

11.2.4        Financial Overview

11.2.5        SWOT Analysis

11.2.6        Key Developments

11.3        Exportadora Propal SA

11.3.1        Key Facts

11.3.2        Business Description

11.3.3        Products and Services

11.3.4        Financial Overview

11.3.5        SWOT Analysis

11.3.6        Key Developments

11.4        Lemonconcentrate SLU

11.4.1        Key Facts

11.4.2        Business Description

11.4.3        Products and Services

11.4.4        Financial Overview

11.4.5        SWOT Analysis

11.4.6        Key Developments

11.5        Avocado Brasil Comercio de Alimentos Ltda

11.5.1        Key Facts

11.5.2        Business Description

11.5.3        Products and Services

11.5.4        Financial Overview

11.5.5        SWOT Analysis

11.5.6        Key Developments

11.6        ConnOils LLC

11.6.1        Key Facts

11.6.2        Business Description

11.6.3        Products and Services

11.6.4        Financial Overview

11.6.5        SWOT Analysis

11.6.6        Key Developments

11.7        Mission Produce Inc

11.7.1        Key Facts

11.7.2        Business Description

11.7.3        Products and Services

11.7.4        Financial Overview

11.7.5        SWOT Analysis

11.7.6        Key Developments

11.8        Meridian Fruits SPR de RL de CV

11.8.1        Key Facts

11.8.2        Business Description

11.8.3        Products and Services

11.8.4        Financial Overview

11.8.5        SWOT Analysis

11.8.6        Key Developments

 

 

LIST OF TABLES

Table 1.              Middle East & Africa Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.              South Africa Avocado and Avocado Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.              South Africa Avocado and Avocado Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 4.              South Africa Avocado and Avocado Derivatives Market, Application – Revenue and Forecast to 2028 (US$ Million)

Table 5.              UAE Avocado and Avocado Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.              UAE Avocado and Avocado Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 7.              UAE Avocado and Avocado Derivatives Market, Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.              Saudi Arabia Avocado and Avocado Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.              Saudi Arabia Avocado and Avocado Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 10.            Saudi Arabia Avocado and Avocado Derivatives Market, Application – Revenue and Forecast to 2028 (US$ Million)

Table 11.            Rest of Middle East and Africa Avocado and Avocado Derivatives Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.            Rest of Middle East and Africa Avocado and Avocado Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 13.            Rest of Middle East and Africa Avocado and Avocado Derivatives Market, Application – Revenue and Forecast to 2028 (US$ Million)

 

 

LIST OF FIGURES

Figure 1.            Middle East & Africa Avocado and Avocado Derivatives Market Segmentation

Figure 2.            Middle East & Africa Avocado and Avocado Derivatives Market Segmentation – By Country

Figure 3.            Middle East & Africa Avocado and Avocado Derivatives Market Overview

Figure 4.            Middle East & Africa Avocado and Avocado Derivatives Market, By Type

Figure 5.            Middle East & Africa Avocado and Avocado Derivatives Market, by Country

Figure 6.            Porter's Five Forces Analysis

Figure 7.            Expert Opinion

Figure 8.            Avocado and Avocado Derivatives Market – Ecosystem Analysis

Figure 9.            Middle East & Africa Avocado and Avocado Derivatives Market: Impact Analysis of Drivers and Restraints

Figure 10.          Middle East & Africa Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.          Middle East & Africa Avocado and Avocado Derivatives Market Revenue Share, By Type (2021 and 2028)

Figure 12.          Whole: Middle East & Africa Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)

Figure 13.          Oil: Middle East & Africa Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)

Figure 14.          Puree: Middle East & Africa Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)

Figure 15.          Others: Middle East & Africa Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)

Figure 16.          Middle East & Africa Avocado and Avocado Derivatives Market Revenue Share, By Type (2021 and 2028)

Figure 17.          Organic: Middle East & Africa Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)

Figure 18.          Conventional: Middle East & Africa Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)

Figure 19.          Avocado and Avocado Derivatives Market Revenue Share, By Application (2021 and 2028)

Figure 20.          Food and Beverages: Middle East & Africa Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)

Figure 21.          Pharmaceuticals and Nutraceuticals: Middle East & Africa Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)

Figure 22.          Personal Care: Middle East & Africa Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)

Figure 23.          Others: Middle East & Africa Avocado and Avocado Derivatives Market– Revenue and Forecast To 2028 (US$ Million)

Figure 24.          Middle East & Africa Avocado and Avocado Derivatives Market, by Key Country – Revenue (2021) (US$ Million)

Figure 25.          Middle East and Africa: Avocado and Avocado Derivatives Market Revenue Share, by Key Country (2021 and 2028)

Figure 26.          South Africa: Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)

Figure 27.          UAE: Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.          Saudi Arabia: Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.          Rest of Middle East and Africa: Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)

 

  1. Avocado Brasil Comercio de Alimentos Ltda
  2. ConnOils LLC
  3. Exportadora Propal SA
  4. Lemonconcentrate SLU
  5. Meridian Fruits SPR de RL de CV
  6. Mission Produce Inc
  7. Salud Foodgroup Europe BV
  8. Westfalia Fruit Pty Ltd
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa avocado and avocado derivatives market.       
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa avocado and avocado derivatives market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the avocado and avocado derivatives market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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