The avocado category has been experiencing unprecedented growth and is expected to be the most commercialized fruit by 2030. According to a report from the FAO, global production is expected to reach 12 million tons by 2030, more than three times the level of 2010.
World avocado production is concentrated in a small number of countries and is expected to continue to be led by countries in Latin America and the Caribbean, given the favorable growing conditions. “Tropical climates have ideal conditions for growing avocados as the soil is rich with nitrogen,” says Luke Sears, president and founder of LGS Specialty Sales. The company grows and ships avocados from Mexico and South America year-round. “Mexico provides supplies year-round, and we ship out of Peru from May through September,” said Sears. “Our Chilean season runs from September until February and Colombian avocados are harvested between June and August as well as from November until February.”
Demand for avocados is showing a steady growth. To enhance the product’s positioning to the consumer, LGS introduced the Suavo Avocado brand almost 20 years ago. This contributed to avocados evolving from a specialty, ethnic item to a more mainstream fruit known for its health benefits. In 2017, Suavo was re-branded to show the company’s commitment to quality and consistency. In that same year, the Tiny Tim’s label was introduced for smaller avocados. “The label was brought on to elevate the smaller avocados for the perfect one-size portion to fit consumer demand/needs,” said Sears. LGS’ avocados are available in bulk as well as various bag options with demand for bulk fruit being higher although bag sales have been increasing year over year.
All of LGS’ avocados are shipped within the US, the world’s biggest market for avocados. According to the report from the FAO, the United States and the European Union are expected to remain the largest importers of avocados with 40 percent and 31 percent of global imports respectively in 2030.