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US: Market Research Analyst, Avocado Market Forecast 2008 - 2012

Market Research Analyst has announced the addition of market research report "Avocado Market Forecast 2008 - 2012" to their offering. A jump in import tariffs, water restrictions and severe frosts have hit the avocado crop in Israel and Australia. These factors and other developments affect pricing in avocado market in 2008 but would hardly inhibit steady market growth.

The report covers avocado world's production, avocado exports and imports. Market drivers on the demand side are principally human consumption of fresh and processed products, the result of consumers’ enhanced awareness of the fruit nutritional properties, together with the utilization in the cosmetic industry as a consequence of the growing demand for natural based product components.

The report's highlights:

* Over the last decade, world total utilization has increased by over 30 percent, due mainly to the expansion in major emerging markets, particularly Brazil, Colombia, China and Chile, as well as in many developed markets, such as the EC and Australia.
* Per capita consumption of avocado is highest in Latin America.
* Major producers have shown considerable increases in yields, following the spread of hybrid varieties originating from the Mexican, Guatemalan and West Indian varieties, accompanied by enlarged growing areas, particularly in Latin America and Asia.
* Latin America and the Caribbean are the largest avocado producing regions, but growth in Asia has accelerated in recent years, particularly in Indonesia and China.

Source: marketresearchanalyst.com

Publication date: 1/28/2008


 


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