Latest News- Guacamole Market: Offline is expected to lead the Distribution Channel segment during 2025-2029
The Guacamole Market is being driven by Expansion of restaurants specializing in Mexican and Tex-Mex cuisine
The Guacamole Market is expected to grow at a CAGR of 5.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 99.6 million. The global guacamole market is experiencing a significant surge in new product introductions, driven by the increasing demand for flavor diversity among consumers. In response to this trend, MegaMex Foods, a leading player in the market, announced the launch of three new flavors under its WHOLLY Guacamole brand in September 2024. These innovative offerings are specifically designed for food service operators, underscoring MegaMex Foods' commitment to market innovation and consumer preference. The new flavors provide a unique twist on traditional guacamole, catering to a broad consumer base and enhancing the overall dining experience in various food service settings, including restaurants and catering services.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Distribution Channel (Offline, Online) Type (Organic, Conventional) Geography (North America, Europe, APAC, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Guacamole Market Research Report
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The Guacamole market encompasses both organic and conventional varieties of this Mexican dip, made primarily from avocados. With the rise of plant-based diets, its consumption as a snack, dip, spread, or meal component has surged. Food festivals and culinary events celebrate its authentic ingredients, including avocado paste and Mexican dip. Ready-to-eat products, prepackaged guacamole, and avocado paste cater to HoReCa and household needs. Non-GMO and nutrient-dense options are popular, expanding its use in salads, dips, and international cuisines. Avocado, a crop rich in healthy fats, fuels the market's growth, with plant-based food trends driving demand for organic and authentic guacamole.
The global packaged foods and meats market encompasses vendors engaged in food processing to ensure food safety and increase product longevity. According to Technavio, the market's size is determined by the consolidated revenue of the participating entities. This market scope excludes equipment manufacturers and producers of packaged beverages, including alcoholic and non-alcoholic varieties. Factors propelling the market's expansion include the health benefits linked to the consumption of minimally processed foods, such as avocados used in guacamole production. The growing trend towards plant-based diets, particularly during events like the Super Bowl, is further fueling the demand for packaged organic and conventional guacamole.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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