Market Overview:
The Mexico guacamole market size reached US$ 126.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 252.3 Million by 2032, exhibiting a growth rate (CAGR) of 7.7% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 126.4 Million |
Market Forecast in 2032
|
US$ 252.3 Million |
Market Growth Rate 2024-2032 |
7.7% |
Guacamole is a creamy avocado-based condiment that originated in Mexico. It is made using pureed or crushed avocados and mixed with tomatoes, onions and chili peppers and different seasoning like black pepper. It is widely used as a dip, spread and sauce in the preparation of tacos, salads, burritos, wraps, migas and other Mexican dishes.
Guacamole is a rich source of vitamins, minerals, potassium and dietary fiber, which helps to improve heart health, reduce bloating, strengthen blood vessels and prevent muscle weakness. The rising health consciousness among individuals, along with the increasing prevalence of lifestyle diseases, represents one of the key factors impelling the market growth. Apart from this, the growing number of quick-service restaurants (QSRs), in confluence with changing dietary patterns and the escalating demand for the ready-to-eat (RTE) food products, is acting as another significant growth-inducing factor. Furthermore, the rising adoption of the vegan diet and the growing popularity of guacamole in other countries are providing lucrative opportunities to market players operating in the country to increase their production and expand their existing consumer base.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Mexico guacamole market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on form, end use, packaging type and distribution channel.
Breakup by Form:
- Frozen
- Dried
- Ready to Make
Breakup by End Use:
- Food Processing Industry
- Food Service Industry
- Households
Breakup by Packaging Type:
- Glass Bottles
- Plastic Containers
- Stand Up Pouches
Breakup by Distribution Channel:
- Business to Business
- Business to Consumer
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Breakup by Region:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Form, End Use, Packaging Type, Distribution Channel, Region |
Region Covered |
North, Center, West, East |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Mexico guacamole market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Mexico guacamole market?
- What are the key regional markets?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the end use?
- What is the breakup of the market based on the packaging type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Mexico guacamole market and who are the key players?
- What is the degree of competition in the industry?