United Kingdom Avocado Market Insights Forecasts to 2033

• The Market Size is Growing at a CAGR of 7.05% from 2023 to 2033
• The UK Avocado Market Size is Expected to Hold a Significant Share by 2033

The U.K. Avocado Market Size is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 7.05% from 2023 to 2033.

Market Overview

Avocados, referred to as alligator pear, are enormous, often pear-shaped fruits with soft, light-green pulp, a single large seed, and green to blackish skin. It is frequently consumed raw, particularly in salads. Avocados are incredibly nutrient-dense, containing 25 essential nutrients and the vitamins A, B, C, E, and K. Avocados are frequently used in many different types of cooking. In their simplest form, they can be mashed or sliced and added to toast, salads, and sandwiches. They are a crucial part of the well-known Mexican dip guacamole. They are perfect for smoothies, desserts, and even baking in place of butter or oil because of their mild flavor and creamy texture. Additionally, as the population ages and consumers' awareness of health rises, the UK's patterns of consumption are marked by a growing desire for useful food products and items that promote wellness and health. Another factor is their growing concern for animal welfare, which is pushing people toward organic and plant-based foods.

Report Coverage

This research report categorizes the market for the UK avocado market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom avocado market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.K. avocado market.

Driving Factors

The avocado market is expanding due to rising consumer demand for entire fruits and a desire for low-carb foods. Because of its high nutrient profile, which includes vitamins, minerals, and antioxidants, avocados are known as superfoods. Market income is also being supported by the rise in popularity of avocado-based foods like avocado toast and guacamole. Furthermore, the European Ministry of Foreign Affairs reports that 122,000 tonnes of avocados were imported into the UK in 2020. Compared to the previous year, this was a slight increase. This growth resulted from consumers adopting healthier cooking and eating practices. Additionally, the European markets that consume the most avocados are revealed by the most recent data from the 2022–2023 season. With almost 110,000 tons, the UK and Germany are now in second place, up from the previous year. The UK avocado market is also being driven by the country's rising avocado consumption.

Restraining Factors

The expansion of the avocado market is anticipated to be significantly constrained by environmental concerns throughout the projected period.

Market Segmentation

The UK avocado market share is classified into form and distribution channel.

• The fresh segment is expected to hold the greatest market share through the forecast period.    

The U.K. avocado market is segmented by form into fresh and processed. Among these, the fresh segment is expected to hold the greatest market share through the forecast period. The rising demand for nutritious food and the ease of access to products are the main reasons why fresh avocados are so popular with consumers. The fresh form's high fiber content lowers the risk of colon cancer, keeps the gastrointestinal tract healthy, aids in digestion, and avoids constipation.

• The B2C segment is anticipated to hold a significant share of the United Kingdom avocado market during the forecast period.       

Based on the distribution channel, the UK avocado market is divided into B2B and B2C. Among these, the B2C segment is anticipated to hold a significant share of the United Kingdom avocado market during the forecast period. The B2C channel includes specialized shops, convenience stores, supermarkets and hypermarkets, e-commerce, and other retail establishments. As a result of shifting dietary habits, customers are prepared to spend more for a range of premium products that are convenient, safe, and fresh.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the U.K. avocado market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Fyffes
• Del Monte Fresh Produce
• Sainsbury's
• Kumana
• Asda
• Pack'd
• Waitrose
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2022, Pack'd declared that its frozen avocado product would be available in the UK. Pack'd claims that the product has no added salt and was designed to taste and feel just like fresh avocado.

Market Segment

This study forecasts revenue at the UK, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Avocado Market based on the below-mentioned segments:

United Kingdom Avocado Market, By Form

• Fresh
• Processed

United Kingdom Avocado Market, By Distribution Channel

• B2B
• B2C