South Korea Avocado Market Size, Share, and COVID-19 Impact Analysis, By Form (Fresh and Processed), By Distribution Channel (B2B and B2C), and South Korea Avocado Market Insights, Industry Trend, Forecasts to 2035.

South Korea Avocado Market Insights Forecasts to 2035

• The South Korea Avocado Market Size Was Estimated at USD 91.4 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 13.61% from 2025 to 2035
• The South Korea Avocado Market Size is Expected to Reach USD 371.9 Million by 2035

According to a research report published by Spherical Insights & Consulting, The South Korea Avocado Market Size is Anticipated to reach USD 371.9 million by 2035, growing at a CAGR of 13.61% from 2025 to 2035. The market is expanding as such of growing consumer demand for healthy food products and increased emphasis on leading a healthy lifestyle. A growing middle class, increased import demand, and greater knowledge of nutritional qualities are all predicted to support business expansion. Industry development is also expected to be driven by advanced markets for processed avocados.

Market Overview

The production, distribution, and consumption of both fresh and processed avocado products are all encompassed in the avocado market. Growing consumer demand for healthy food products and a greater focus on living a healthy lifestyle are driving market expansion. The market growth is growing knowledge of avocado's health benefits, including improved digestion, weight control, and heart health. The jobs in the fields of cultivation, harvesting, marketing, and transportation, the avocado business offers financial prospects to farmers, marketers, processors, and consumers. Avocados are a popular option for consumers who are concerned about their health because they are high in vitamins, fiber, and good fats. In established markets, this demand is especially high, and it is also growing in emerging markets. Avocados' appeal in restaurants and other culinary venues is derived by its versatility in a variety of food service applications, from salads and guacamole to creative entrees. Government programs sometimes concentrate on giving farmers access to resources such as high-quality planting material (seeds or rootstock), sapling subsidies, and assistance with water management infrastructure like plastic ponds. To correct current trade imbalances and permit avocado imports into nations like India, where demand is rising, governments may negotiate trade agreements.

Report Coverage

This research report categorizes the market for the South Korea avocado market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea 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 South Korea avocado market.

Driving Factors

Avocados are considered a "superfood" because of their high fiber, healthy fat, and vitamin and mineral content. Avocado demand is being driven by consumer interest in weight management and healthy eating. Avocados are becoming more and more common in a variety of recipes, such as guacamole, smoothies, and avocado toast. Demand is rising as more restaurants and fast-food businesses include avocados on their menus. Demand is being driven by the rising popularity of avocado-based goods like avocado oil and guacamole in the culinary and cosmetics sectors.
An increase in avocado consumption is also observed in the snack food and ready-to-eat (RTE) segments. The avocado market is expanding as a result of consumers' growing desire for natural and healthful food options. The consumption of avocados is also being impacted by the movement toward vegetarian and vegan diets.

Restraining Factors

Market expansion may be hampered by worries about the consistency and quality of avocados, particularly when it comes to fake goods. The availability and reduced cost of substitute fruits, vegetables, and oils, such as olive and sunflower oil, may have an effect on avocado consumption. Some customers, the price of avocados may be a deterrent. The market's reputation and consumer confidence may suffer as a result of the growing number of fake or contaminated avocado goods. Due to their high perishability and need for careful treatment, avocados might result in increased costs and possible quality problems if not handled correctly. Demand for avocados may change as customer tastes shift toward other fruits or foods.

Market Segmentation

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

• The fresh segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea avocado market is segmented by form into fresh and processed. Among these, the fresh segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Growing fresh food consumption and easy product availability are the main reasons why fresh avocados are so popular with customers. The high fiber content of fresh form helps with digestion, prevents constipation, maintains the health of the gastrointestinal tract, and reduces the risk of colon cancer.

The B2B segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea avocado market is segmented by distribution channel into B2B and B2C. The online sales segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The B2B category includes the foodservice and processing industries. The nutritional worth, avocados are still becoming more and more popular. The rising health consciousness, particularly among the younger population, patrons of cafes and restaurants are increasingly selecting healthful cuisine in the form of salads, sandwiches, and nutritious chips like avocado chips.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea 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

• INNOFLOW KOREA CO., LTD.
• DOLE KOREA LTD 1204 TRADE
• DOLE KOREA LTD
• AVO F&C
• Crofts Ltd.
• H&K Co., Ltd.
• Nobel Foods
• Spectrum Organics Products, LLC
• Pulmuone Co., Ltd.
• Yeolmae Food Co., Ltd.
• Others

Recent Development:

• In September 2023, The Philippines has fulfilled the requirements of the governing process for importation of Philippine hass avocado into the Republic of Korea pursuant to the Official Notification No 2023-33 of the ROK Ministry of Agriculture, Food and Rural Affairs (MAFRA) dated 08 September 2023.

Key Target Audience

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

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea avocado market based on the below-mentioned segments

South Korea Avocado Market, By form

• Fresh
• Processed

South Korea Avocado Market, By Distribution Channel

• B2B
• B2C