Partnership to expand Fresh Del Monte Produce’s avocado, lime distribution
Fresh Del Monte Produce has partnered with Managro Group, a Colombia‑based exporter of limes and avocados, to expand an avocado and lime packing house in Colombia.
The facility will service Fresh Del Monte’s North American and European markets, enhancing the delivery of high-quality avocados and limes year-round, according to a news release.
“This joint venture is a bold step in advancing our long-term ambition: to lead in the most dynamic, high-growth categories in fresh produce,” Danny Dumas, Fresh Del Monte senior vice president of sales, marketing, and product management for North America, said in the release. “Through our partnership with Managro in Colombia, we’re enhancing our vertical integration, expanding our global footprint and reinforcing our position as a trusted, year-round supplier of premium avocados and limes.”
According to Fact.MR, a global market intelligence and advisory firm, the global lime market is projected to grow from $48 billion in 2024 to $62 billion by 2034, at a compound annual growth rate (CAGR) of 2.5%. The global avocado market is expected to expand from approximately $19 billion in 2024 to about $34 billion by 2034, reflecting a 5.9% CAGR.