Health Advantages Of Guacamole [PDF Guide]

Guacamole has several health advantages and is a fantastic source of potassium, antioxidants, and healthy fats. As a result, the demand for guacamole is expected to rise dramatically as more people try to lead healthier lives by eating wholesome meals. Guacamole enhances heart health, prevents stroke, lessens liver damage, and fights inflammation.

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However, due to lockdowns and other restrictions imposed by the relevant governing bodies in response to the COVID-19 outbreak, the activities of several industries have either temporarily ceased or are operating with a small workforce. This issue is expected to negatively affect the expansion of the global guacamole market. Furthermore, decreased production and increased prices of avocados highly hampered the growth of the guacamole market in 2020.

Key Companies:

The major players operating in the guacamole industry focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. Some of the key players in the guacamole market industry, include Avoking, Calavo Growers, Inc., Casa Sanchez SF, Hormel Foods Corporation, Sabra Dipping Co., LLC, Salud Foodgroup Europe b.v, Snowcrest, Westfalia Fruit Ltd, Woolworths Group ltd, and Landec Corporation.

Key findings of the study

  • By end-user, the food service industry segment was the highest revenue contributor to the market with $394.5 million in 2021, and is estimated to reach $675.2 million by 2031, with a CAGR of 5.7%.

  • By packaging, the glass bottles segment was the highest revenue contributor to the market, with $417.1 million in 2021, and is estimated to reach $720.4 million by 2031, with a CAGR of 5.8%.

  • By distribution channel, the specialty store was significant revenue contributor to the market, with $164.6 million in 2021, and expected to grow at CAGR of 5.8% during forecast period.

  • Region-wise, North America was the highest revenue contributor, accounting for $412.5 million in 2021, and is estimated to reach $653.3 million by 2031, with a CAGR of 4.9%.

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