Mission Produce, Inc.

Avocados have <a href="https://www.washingtonpost.com/news/wonk/wp/2015/01/22/the-sudden-rise-of-the-avocado-americas-new-favorite-fruit/">been called the</a> favorite fruit of Americans. The global avocado market will reach $19.8 billion in 2025 and grow to $30.2 billion by 2032, representing <a href="https://www.persistencemarketresearch.com/market-research/avocado-market.asp">a</a> compound annual growth rate (CAGR) of 6.2%, according to Persistence Market Research. However, long before Instagram breakfasts and health promotion, entrepreneur Steve Barnard saw the potential of delicious, ripe avocados and figured out how to capitalize on it. That's how Mission Produce came to be: a company with a capitalization of about $880 million that puts ripe avocados on store shelves.