Del Monte chases avocado dollar amid shift in tastes

Singapore

DEL Monte may be targeting the millennials as it moves to reach out to new consumers who eat avocados and other healthy snacks.

As the food and beverage (F&B) company faces headwinds due to shifts in consumer demographics and consumer preferences, it said it is looking to finalise plans for a joint venture (JV) with Fresh Del Monte Produce to produce prepared refrigerated fruit snacks, chilled juices, guacamole and avocado products.