The Global Avocado Puree Market size was valued at $480.3 million in 2021, and is projected to reach $726.6 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031.The avocado puree market was impacted slightly negatively during the pandemic. The loss of supply chains and distribution channels in the initial months of the pandemic had caused small losses for the market; however, these losses were recovered in the later phases. The avocado puree industry is majorly dependent on the food service sector for its revenue generation. The recent declaration regarding the shutdown of notable proportion of the hospitality industry, including full-service restaurants, caterings, and quick-service restaurants has dramatically hampered the sale of foodservice equipment.
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Purees are used by manufacturers of packaged baby food in place of the fruits and vegetables that are mentioned on the product label. In their baby food products, most producers start with water or puree (with the highest share per gram). Many businesses, like Plum Organics, Clif Bar & Company, Heinz, Kellogg’s, and others, employ purees extensively in their infant food products. The majority of goods marketed as a whole, healthy fruits and vegetables are actually purees and water with a trace of fruit or vegetable. Due to parents’ busy lifestyles, ready-to-eat baby food sales are increasing. People who live in urban cities often buy baby food products to meet their newborns’ basic nutritional needs, since they lack the time to prepare food at home. The superior flavor of prepared infant foods makes them more appealing to children as well, increasing sales of these goods and driving the Avocado Puree Market Demand.
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The key players studied in the report are DMH Ingredients Inc., Ferreiro and Company, Florigin Limited, Florigin Limited, Lemon concentrate S.L.U, Markon, SFI Rotterdam BV, Stonehill Produce, Simped Foods Pty Ltd, The Berry Man, The Food Fellas, The Wilatta Group, and Wholly Guacamole.
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The report notes that the Global Avocado Puree Market is highly competitive, with various vendors offering innovative products and services. In addition, the report highlights the growing popularity, which are expected to play a major role in the growth of the Global Avocado Puree Market.
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Region-wise, North America held the major avocado puree market share in 2021. There is an increase in the consumption of avocado fruit and avocado puree in North America owing to adoption of dietary food habits in the region. People have become more concerned about their health due to rise in obese population, and other chronic diseases caused by improper food habits. They have started following special diet plans that revolve around maintaining healthy body weight and composition. Avocado puree is often used in the food & beverage and bakery industry with a high consumption rate. The adoption of avocado products as regular cooking oil is also high in the U.S. and Canada, which contributes toward the growth of the market.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the avocado puree market analysis from 2021 to 2031 to identify the prevailing avocado puree market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the avocado puree market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global avocado puree market trends, key players, market segments, application areas, and Avocado Puree Industry growth strategies.
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