Proc. of Second World Avocado
Congress 1992 pp. 665-666
Workshop 1
"Will Processed
Products Overtake the Fresh Market as the Major Profit Maker?"
Chair: Allen J. Vangelos
Calavo Growers of California,
15561 Redhill Avenue, Tustin, CA 92680-7321,
USA
Secretary: Steve Barnhard
Mission Produce, Inc., P.O.
Box 2888, Oxnard, CA 93034, USA
In
reviewing this subject, we looked at various industry trends to determine a
growth pattern to support this scenario.
First,
in looking at the food service industry sales and food service purchases over
the last five years, we have seen a growth of U.S. $21.8 billion - from U.S.
$73 billion in 1986 to U.S. $94.8 billion in 1990. This represents about a 30%
growth over the five years, or 6% per year. The food service industry has not
had the spectacular growth it had in the early 1980's, and some say it is
peaking out.
In
reviewing how avocados are used with food service operators, the Food Track
study indicated that 69% of the operators use avocados in the fresh form, 17%
use them in the frozen or processed form, and about 14% use them both ways in
their menu planning.
The
fast food/Mexican food concept, although perceived to be a dynamic growth area,
really has had a 3% real growth trend over the last four years, 1987 to 1990.
This is based on an annual study done by Restaurant and Institutions
magazine. The key operators within this segment of the fast food industry are
Taco Bell, Del Taco, Taco John's, Taco Time, and Taco Villa. Comparing their
real growth from year to year, we again do
not see any major or accelerated growth
trends.
Examining
the trends within this industry in another way, we looked at the ethnic food
items ordered by households when eating away from their homes in the years 1988
and 1990. Consumption of Mexican food increased from 55% to 59%. This is a
significant increase compared to the other major categories which are Oriental
food, Italian food, and pizza.
Looking
inside the Mexican food category, we see some products that use guacamole as
varying in growth. For instance, the popularity of taco salad from 1988 to 1990
has declined by six percentage points from 41% to 35%. Fajitas, on the other
hand - another use for avocado pulp or guacamole - has increased from 24% in
1988 to 28% in 1990. Interesting though is the trend for guacamole. In 1988 it
was ordered by 19% of the respondents and in 1990 only 19.7%, a seven-tenths
percent increase. This, obviously, reflects somewhat of a no-growth posture for
guacamole. The bulk of the use for processed or frozen avocado pulp-guacamole
is in that form.
Examining
the avocado market even further, we looked at a study that compared usage from
1985 to 1990. The trends indicate that overall avocado usage is up over this
period from about 38% to 45% with fresh avocado usage up from 55% to 60% and
frozen avocado usage up from about 10% to 15%. If we look specifically at
frozen avocado usage, we can see an increase in the frozen dip usage from about
55% to 60%, but a decline in the avocado pulp and the avocado sauce usage
during this same five year period. This could be attributable to the fact that
people tend to blend fresh avocado with the pulp and the sauce.
We
further determined that there are definitely two markets for avocados. One is a
fresh market and the other a processed market. There is some distinction in the
user base. For instance, studies indicate that there are people who like
guacamole for the spicy flavor and the mouth feel, but do not like fresh
avocados because of their perceived blandness. Conversely, we find that there
are people who are purists. They want a fresh, sliced avocado only and do not
like it altered with spices, mayonnaise, sour cream, etc. These same two
distinctions carry forward in both the retail and the food service markets.
In
reviewing this overall category, we concluded that the primary use today for
processed avocados is still with the Mexican food service industry and, more
specifically, the bulk of this use goes through food service outlets and
restaurants, be they independent or fast food chains.
In
looking at the current major market opportunities for these products, it was
agreed that the major markets still primarily follow the Hispanic population in
the western and southwestern markets. The central and eastern areas of the United
States are underdeveloped as are foreign markets.
The
major benefits to a food service user are the price per ounce, or per serving,
and the labor cost efficiency in handling product preparation. The portion and
quality control available from a processed product are benefits versus the
inconsistency found when different people are taught to make the fresh product.
All of this impacts the use of this product, however, some would still rather
present a fresh product to their users. It was also noted that it is sensitive
to price. If the price of fresh avocados is low enough, many operators will opt
for the fresh product even though the problems of labor and inconsistency are
there.
The
consensus was that there is no shortage of processing opportunities around the
world. It was also agreed that the need for raw product will never be a problem
for processing based on the current trends and uses.
In
final summary, the group representing this workshop agreed that the concept
definitely is viable for the industry and upon
the following points:
(i)
The potential as you look globally, and even in the eastern part of the United
States, is still untapped.
(ii)
The markets are underdeveloped, but the opportunity to develop them is long
term and will require sizeable investment to expand beyond the current usage
and volume levels.
(iii)
It does help boost fresh prices by taking a certain amount of product off the
fresh market, thus providing some what of an umbrella to keep fresh prices
perhaps higher than they would be without the benefit of processing. It also
provides a home for No. 2 or standard fruit that otherwise may not
return as much on the fresh market.
(iv)
It was felt that, if it grew too large, it could erode the fresh market by
cannibalizing fresh users into the processed part of the business.
Finally,
as the group reviewed once again the position - "Will Processed Products
Overtake the Fresh Market as the Major Profit Maker?" it was unanimous
that this was not likely to occur based on the above facts.