Food & Beverages
The global avocado processing market reached US$ 2.4 Billion in 2023. As per the analysis by IMARC Group, the top avocado processing companies are currently diversifying their product offerings, expanding their production capacity, and investing in advanced technologies. They are actively focusing on enhancing their supply chain efficiency, improving product quality, and exploring new market opportunities. Additionally, they are adopting sustainable practices to reduce their environmental impact and meet consumer demand for eco-friendly products. These companies are also engaging in strategic partnerships and acquisitions to strengthen their market position and expand their global presence.
Top avocado processing companies are also investing in research and development (R&D) activities to innovate and develop new avocado-based products. They are exploring ways to extend the shelf life of avocado products, improve their nutritional profile, and enhance flavor profiles to cater to diverse consumer preferences. Furthermore, these companies are actively engaging in marketing and promotional activities to create awareness and increase the demand for avocado products. They are leveraging digital platforms, social media, and influencer marketing to reach a wider audience and connect with health-conscious consumers. Besides this, some key players in the avocado processing industry are also expanding their geographical presence by establishing production facilities or distribution networks in emerging markets. This enables them to tap into growing consumer markets and capitalize on the increasing popularity of avocados worldwide. Looking forward, IMARC Group expects the market value to reach US$ 4.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.08% during 2024-2032.
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The global avocado processing market has several major players including Hormel Foods Corporation, Yucatan Foods, Sabra Dipping Company LLC, Calavo Growers, Inc., Salud Foodgroup Europe BV, Olivado, Spectrum Organic Products LLC, Avogratto (Grupo Industrial Batellero S.A. De C.V.), Sesajal S.A. De C.V., and The Village Press etc. More information about these companies has been provided below.
Establishment: |
1891 |
Headquarters: |
Minnesota, United States |
Website: |
www.hormelfoods.com |
Hormel Foods Corporation is an American food processing company founded in 1891. They started with packaging and selling ham, sausage, and other pork products and have since expanded their product range. They own brands like Hormel, Planters, Columbus Craft Meats, Dinty Moore, Jennie-O, and Skippy. They are also known for products like SPAM and Hormel Chili. Hormel Foods products are available in 80 countries. They have subsidiaries like Applegate, Columbus Craft Meats, Jennie-O, Justin's, and Wholly. The company has received recognition for its corporate responsibility and workplace practices. The Hormel Foundation, a non-profit organization, owns 48% of Hormel's shares. Hormel Foods is involved in the avocado processing business through its subsidiary MegaMex Foods. They produce various avocado-based products, including guacamole, dips, and spreads under the Wholly Guacamole® and Simply Avocado™ brands. These products are made using High Pressure Processing (HPP) to ensure food safety and maintain the taste and nutritional value of the avocados.
Headquarters: |
California, United States |
Website: |
https://avocado.com/ |
Yucatan Foods, headquartered in Santa Maria, California, is a company specializing in the production and distribution of packaged avocado-based food products across the United States and Canada. Their product line comprises premium guacamole, salsa, and dips. Established in 1990, Yucatan Foods gained recognition for introducing the first commercially viable peeled and ready avocado halves for the foodservice industry, along with the first commercial organic guacamole. In February 2023, the company was acquired by Curation Foods, which is owned by Flagship Food Group.
Establishment: |
1986 |
Headquarters: |
New York, United States |
Website: |
https://sabra.com/ |
Sabra Dipping Company, LLC is a prominent U.S.-based food company specializing in Middle Eastern-style dips and spreads. The company has gained recognition for its hummus and guacamole products. As a joint venture between PepsiCo and the Strauss Group, Sabra holds a significant market share in the hummus market. Committed to sustainability, Sabra operates a state-of-the-art production facility in Virginia, incorporating environmentally friendly practices. With a dedication to innovation and customer satisfaction, Sabra continues to delight consumers with its diverse range of flavorful and authentic Middle Eastern-inspired products.
Establishment: |
1924 |
Headquarters: |
Santa Paula, California |
Website: |
https://calavo.com/ |
Calavo Growers, Inc. is an international consumer goods and farm products company headquartered in Santa Paula, California. With a rich history dating back to 1924, Calavo Growers has established itself as a leading player in the avocado industry. The company specializes in packaging and distributing avocados and other fruits, as well as providing fresh prepared food to restaurants, stores, and individual customers worldwide. Calavo operates through three divisions: Fresh Products, Calavo Foods, and Renaissance Food Group (RFG). They are renowned for their commitment to delivering high-quality avocados and have expanded their product offerings to include a range of other fruits such as tomatoes, pineapples, and papayas. Calavo Growers' products are distributed throughout the United States and internationally to Canada, Europe, and Asia, making them a prominent player in the global market.
Establishment: |
1995 |
Headquarters: |
Oosterhout, The Netherlands |
Website: |
https://www.saludfoodgroup.eu/ |
Salud Foodgroup Europe BV, a prominent company headquartered in the Netherlands, specializes in producing and distributing a wide array of high-quality food products. With a strong emphasis on avocados, Salud Foodgroup promotes the incorporation of these nutritious fruits in various culinary creations. Notably, their frozen avocado products provide customers with the opportunity to enjoy the premium quality of Hass avocados year-round. The Company showcases their commitment to innovation by incorporating avocados into an extensive range of culinary offerings. From guacamoles to IQF avocados, avocado tortillas, and fried avocado appetizers, their diverse selection of avocado-based products exemplifies their dedication to culinary excellence.
Establishment: |
2007 |
Headquarters: |
Kerikeri, New Zealand |
Website: |
https://www.olivado.com/ |
Olivado is a leading producer and exporter of high-quality, extra-virgin, cold-pressed avocado oil. With a focus on sustainability and organic farming, Olivado has established itself as a trusted brand in the global health food market. They are dedicated to producing premium-grade avocado oil while promoting sustainable agriculture and environmental conservation. Their flagship product is the extra-virgin, cold-pressed avocado oil known for its exceptional quality and nutritional value. Olivado has achieved international presence, with their products available in over 40 countries, and has obtained various sustainability certifications. They have been recognized for their commitment to quality and environmental efforts.
Establishment: |
1986 |
Headquarters: |
California, United States |
Website: |
https://www.spectrumorganics.com/ |
Spectrum Organic Products, LLC is a leading company based in Petaluma, California, specializing in high-quality organic culinary oils and essential fatty acid products. With their Spectrum Naturals® and Spectrum Essentials® brands, they provide premium, wholesome alternatives to conventional products. Their commitment to organic and non-GMO ingredients, sustainable practices, and product quality has established them as a respected name in the organic food industry. Spectrum Organic Products offers a diverse range of culinary oils extracted using chemical-free methods, along with essential fatty acid nutritional supplements. They distribute their products globally, catering to health food stores, specialty food stores, retail chains, and independent grocery stores. Spectrum Organic Products' dedication to providing consumers with the highest quality organic products has solidified their position as a leader in the industry.
Headquarters: |
Mexico |
Website: |
https://www.avogratto.com/eng/index.html |
Avogratto, a brand under Grupo Industrial Batellero, S.A. de C.V., is a Mexico-based company that specializes in the production of gourmet food and personal care products made with Hass avocados. The company offers a range of gourmet food products under the brand 'Avogratto', including guacamole, avocado oil, capsules of vitamin E, and dehydrated avocado. They also have a personal care brand called 'Avoskin' that offers products like toilet soap, massage oil, bath salts, and body lotion. Avogratto is recognized nationally and internationally for its commitment to quality, service, and the production of gourmet food. The company aims to introduce avocado oil domestically and internationally, capitalizing on its increasing popularity in countries like Germany, England, France, Spain, the USA, Canada, and China.
Headquarters: |
California, United States |
Website: |
https://www.sesajal.com/en |
Sesajal S.A. De C.V. is a company specializing in high-quality oilseed products sourced from Mexico. With over 30 years of experience, Sesajal has earned a reputation for delivering exceptional products to both national and international markets. Their product range includes a variety of vegetable oils, aquafaba, tahini, chia seeds, and raw and cooked chickpeas. Sesajal is particularly known for its avocado products, offering cold-pressed avocado oil and creamy avocado spreads made from ripe avocados. These products are preferred for their quality, taste, and versatility in cooking, baking, and dressing applications.
Headquarters: |
Hastings, New Zealand |
Website: |
https://thevillagepress.co.nz/ |
The Village Press is known for its production of high-quality olive oils, condiments, and avocado products. The Company offers a diverse range of avocado products, including premium avocado oil and flavorful avocado condiments. The company emphasizes sourcing avocados from trusted growers, ensuring their products meet the highest standards. Alongside their avocado products, The Village Press is known for their exceptional olive oils and a variety of high-quality condiments.
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About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
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