Colombia Avocado Market Overview, 2029

The avocado market in Colombia has evolved significantly over the last century, from a niche fruit to a global staple. Avocados, which originated in Central and South America, have become a staple in a variety of culinary traditions and health-conscious diets around the world. By the mid-twentieth century, major avocado producing countries such as Mexico, Peru, and Colombia had established considerable export markets. Avocado usage is increasing as people become more aware of its health benefits, which include its high quantity of healthy fats, vitamins, and minerals. Compliance with these laws is crucial to the integrity of the avocado supply chain. To comply with both domestic and international regulations, producers and exporters must follow strict pesticide use, crop management, and packaging rules. Certification schemes like GlobalGAP and Fair Trade help to promote sustainable practices and ensure fair labour conditions. Lockdowns and limitations on mobility hampered production and distribution, resulting in temporary shortages and price swings. Export-dependent countries struggled to meet worldwide demand due to transportation disruptions and logistical difficulties. Despite these hurdles, the epidemic has expedited several good trends. The increased consumer focus on health and wellbeing increased demand for avocados, as people sought healthful foods to bolster their immune systems. According to the research report, "Colombia Avocado Market Outlook, 2029," published by Bonafide Research, the Colombia avocado market is anticipated to add to more than USD 300 Million by 2024–29. The avocado market in Colombia has grown significantly as people become more aware of its nutritional benefits, which include healthy fats, vitamins, and minerals. The fruit's popularity stems from its variety in culinary uses, which range from salads and sandwiches to smoothies and gourmet entrees. Key trends include increased demand for organic avocados, which is being driven by customer preferences for responsibly cultivated fruit, as well as the expansion of value-added products like guacamole and avocado-based snacks. In Colombia market, global distributors play an important role in the avocado supply chain, connecting growers with markets all over the world. Capespan, TWK Agri, and Mission Produce are some of the most prominent wholesalers. Capespan, for example, specialises in the distribution of fresh products, such as avocados, throughout Europe and the Middle East. TWK Agri operates substantially in South Africa, controlling avocado exports to worldwide markets. Mission Produce, a prominent US distributor, is well-known for its global supply network, which ensures avocado availability in a number of countries.

Hass avocados are the most popular and prominent kind on the Colombia market. Hass avocados are well-known for their creamy texture, rich flavour, and long shelf life, accounting for a substantial portion of Colombia avocado consumption. Their tiny to medium size and characteristic pebbly skin make them popular among both customers and retailers. Hass avocados have a high market value since they are widely accepted and in demand. Fuerte avocados are known for their smooth, green skin and moderate flavour. However, their market share has declined when compared to Hass avocados. Their lower shelf life and increased susceptibility to handling damage limit their attractiveness in the mass market. Reed avocados are recognised for their huge size and creamy texture, which make for a unique eating experience. Despite their great quality, Reed avocados are less frequent on the Colombia market. Their thicker skin and limited availability add to their niche status. Reed avocados are frequently sold through speciality channels and gourmet stores. Avocados are most popular in the food and beverage business, because of their health benefits and culinary diversity. Avocados are widely used in salads, sandwiches, and smoothies, as well as in guacamole and avocado spreads. Kraft Heinz, which sells ready-to-eat guacamole, and Subway, which uses fresh avocado in its sandwiches, are two of the industry's major players. Avocados are frequently highlighted on menus by companies such as Chipotle and Panera Bread, emphasising their culinary relevance. Avocados are frequently available at supermarkets and grocery stores. Retailers are increasingly offering avocado goods that are convenient, such as pre-cut avocados and ready-to-eat guacamole. This industry benefits from consumers' rising need for convenient, healthful eating options. Avocados are highly valued in the cosmetics industry due to their moisturising and nourishing characteristics. Avocado oil, which is high in vital fatty acids and vitamins, is widely used in cosmetics and haircare products. The demand for natural and organic cosmetic goods has fuelled growth in this area, which remains smaller than food and beverage and retail. Fresh avocados are the most popular section in the Colombia avocado market due to their immediate consumption and high nutritional content. They are utilised in a wide range of culinary applications, including salads, sandwiches, smoothies, and side dishes. Westfalia Fruit has enormous avocado orchards and supply lines, guaranteeing that fresh produce is available in market. Mission Produce is another important participant, noted for its Colombia distribution network and focus on freshness and quality. Processed avocados, such as guacamole, avocado spreads, and frozen avocado chunks, are seeing substantial increase. In the worldwide avocado market, both online and offline distribution channels are important for reaching customers, with each having its own set of characteristics and effects on market dynamics. Avocados are still distributed primarily offline, through traditional retail channels such as supermarkets and grocery stores. These retailers use their huge physical store networks to assure avocado supply and product visibility. Online distribution is becoming an increasingly important segment, reflecting the expanding trend of e-commerce and digital buying. Avocados are now more available to consumers who want to shop at home, because of the convenience of internet shopping and home delivery services. The growth of online grocery platforms has been aided by the increase of delivery services and packaging advancements to keep avocados fresh during travel. Leading online platforms like Amazon Fresh and Instacart are increasing avocado accessibility and availability, complementing traditional retail channels and reflecting the changing environment of avocado distribution.

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Manmayi Raval

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Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Avocado market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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By Type • Hass • Reed • Fuerte • Others By End User • Food & Beverages • Retail • Cosmetics & Personal Care • Others By Form • Fresh • Processed By Distribution • Online • Offline The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Avocado industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry. Keywords: Avocado, Hass, Reed, Fuerte, Food & Beverages, Retail, Cosmetics & Personal Care, Fresh, Processed, Online, Offline