North America 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)
The North America avocado and avocado derivatives market is expected to grow from US$ 2,154.59 million in 2022 to US$ 2,976.06 million by 2028. It is estimated to grow at a CAGR of 5.5% from 2022 to 2028.
Demand from Personal Care Industry in North America Avocado and Avocado Derivatives Market
Avocado extracts have been studied for their skin-healing properties as they are enriched with lecithin and phytosterols. It is comparable with lanolin due to its good skin penetration ability, high vitamin content, low odor, and excellent shelf life. Avocado extracts produce finer emulsions in products such as skin creams and lotions. Moreover, avocado oil is one of the most penetrating oils, and its skin tissue penetration ability is rated similar to lanolin. It, thus, serves as a "carrier" for other substances that lack penetrating ability. Owing to this property, avocado oil is used in nourishing creams, massage creams, all-purpose creams, massage oils (muscle oils), and other preparations facilitating penetration and lubrication. Plant-based cosmetics and toiletries are gaining significant popularity worldwide, further contributing to the demand for avocados in the personal care industry. Avocados are incorporated into a wide range of skincare and hair-care products, including hair conditioners, face creams, hand lotions, and bath oils. The rising disposable income also favors the proliferation of cosmetics and personal care industries. Thus, the flourishing cosmetics and personal care industries bolster the North America avocado and avocado derivatives market.
North America Avocado and Avocado Derivatives Market Overview
In North America, avocados are a healthy dietary choice and a good source of beneficial monounsaturated oil. A whole medium size avocado contains approximately 15% of the FDA's recommended daily amount of saturated fat. In addition, avocados have 60% more potassium than bananas. They are also rich in vitamins B, E, and K. Avocados are also a benefit to a diabetic diet. With the increasing prevalence of diabetes in the US, avocados can offer a nutritious choice for those following a diabetic diet. According to the report published by Ag Marketing Resource Center in August 2021, the U.S. consumption of avocados has followed a variable but generally increasing trend since 1970, increasing significantly from 2.21 pounds per capita in 2000 to 7.81 pounds per capita in 2019. The value of the U.S. avocado production was US$ 426 million in 2020. The United States produced 206,610 tons. The total number of U.S. acres in production stabilized at 52,720 (2020). In the US, Canada, and Mexico, avocados are frequently used for milkshakes and occasionally added to ice cream. In North America, avocados are served mixed with white rice. Other uses include pressing the fruit for avocado oil production. Various parts of the avocado have medicinal benefits. When boiled, the leaves are thought to be a remedy for diarrhea. Seeds can be smashed and used as fillers for toothaches. These factors are anticipated to drive the avocado and avocado derivatives market in the region.
North America Avocado and Avocado Derivatives market Revenue and Forecast to 2028 (US$ Million)
North America Avocado and Avocado Derivatives market Segmentation
The North America avocado and avocado derivatives market is segmented on the basis of type, category, application, and country. Based on type, the North America 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 North America 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 North America 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 North America avocado and avocado derivatives market is segmented into US, Canada, and Mexico. US dominated the market share in 2022.
Avocado Brasil Comercio de Alimentos Ltda, Berje Inc, Calavo Growers Inc, 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 North America 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 North America Avocado and Avocado Derivatives Market, by Type
1.3.2 North America Avocado and Avocado Derivatives Market, by Category
1.3.3 North America Avocado and Avocado Derivatives Market, by Application
1.3.4 North America 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. North America 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. North America 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– North America Market Analysis
6.1 North America Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Avocado and Avocado Derivatives Market Analysis – By Type
7.1 Overview
7.2 North America 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. North America Avocado and Avocado Derivatives Market Analysis – By Category
8.1 Overview
8.2 North America 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. North America 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. North America Avocado and Avocado Derivatives Market – Country Analysis
10.1 Overview
10.1.1 North America: Avocado and Avocado Derivatives Market, by Key Country
10.1.1.1 US: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Avocado and Avocado Derivatives Market, By Type
10.1.1.1.2 US: Avocado and Avocado Derivatives Market, by Category
10.1.1.1.3 US: Avocado and Avocado Derivatives Market, By Application
10.1.1.2 Canada: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Avocado and Avocado Derivatives Market, By Type
10.1.1.2.2 Canada: Avocado and Avocado Derivatives Market, by Category
10.1.1.2.3 Canada: Avocado and Avocado Derivatives Market, By Application
10.1.1.3 Mexico: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Avocado and Avocado Derivatives Market, By Type
10.1.1.3.2 Mexico: Avocado and Avocado Derivatives Market, by Category
10.1.1.3.3 Mexico: 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 Berje Inc
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 Lemonconcentrate SLU
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 Avocado Brasil Comercio de Alimentos Ltda
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 ConnOils LLC
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 Mission Produce Inc
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
11.9 Calavo Growers Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Meridian Fruits SPR de RL de CV
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
LIST OF TABLES
Table 1. North America Avocado and Avocado Derivatives Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. US Avocado and Avocado Derivatives Market, Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. US Avocado and Avocado Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 4. US Avocado and Avocado Derivatives Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Avocado and Avocado Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Avocado and Avocado Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Avocado and Avocado Derivatives Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico Avocado and Avocado Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Avocado and Avocado Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Avocado and Avocado Derivatives Market, Application – Revenue and Forecast to 2028 (US$ Million)
LIST OF FIGURES
Figure 1. North America Avocado and Avocado Derivatives Market Segmentation
Figure 2. North America Avocado and Avocado Derivatives Market Segmentation – By Country
Figure 3. North America Avocado and Avocado Derivatives Market Overview
Figure 4. North America Avocado and Avocado Derivatives Market, By Type
Figure 5. North America 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. North America Avocado and Avocado Derivatives Market: Impact Analysis of Drivers and Restraints
Figure 10. North America Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America Avocado and Avocado Derivatives Market Revenue Share, By Type (2021 and 2028)
Figure 12. Whole: North America Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Oil: North America Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Puree: North America Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Others: North America Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. North America Avocado and Avocado Derivatives Market Revenue Share, By Type (2021 and 2028)
Figure 17. Organic: North America Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Conventional: North America 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: North America Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Pharmaceuticals and Nutraceuticals: North America Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Personal Care: North America Avocado and Avocado Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Others: North America Avocado and Avocado Derivatives Market– Revenue and Forecast To 2028 (US$ Million)
Figure 24. North America Avocado and Avocado Derivatives Market, by Key Country – Revenue (2021) (US$ Million)
Figure 25. North America: Avocado and Avocado Derivatives Market Revenue Share, by Key Country (2021 and 2028)
Figure 26. US: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Canada: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Avocado and Avocado Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
- Avocado Brasil Comercio de Alimentos Ltda
- Berje Inc
- Calavo Growers Inc
- ConnOils LLC
- Exportadora Propal SA
- Lemonconcentrate SLU
- Meridian Fruits SPR de RL de CV
- Mission Produce Inc
- Salud Foodgroup Europe BV
- Westfalia Fruit Pty Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America avocado and avocado derivatives market.
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