Mission Produce Eyes Mangos as Ripe for Growth -- Market Talk

Dow Jones
Jun 06, 2025
 

1924 ET - Mangos are a blossoming opportunity for Mission Produce. The fruit producer, whose eggs are mostly in the avocado basket, said Thursday it has become the second-largest mango distributor in the U.S. Mission's mango market share is closing in on 10%, up from 5% a year ago, management said. Mangos are the most-consumed fruit in the world, but their popularity hasn't hit that high in the U.S. Chief Executive Steve Barnard sees that as an opportunity. "What we're seeing in mangos mirrors the early success we achieved with avocados," Barnard said. "Bringing greater consistency and quality to consumers in an underserved market, which drives increased consumption over time." (katherine.hamilton@wsj.com)

 

(END) Dow Jones Newswires

June 05, 2025 19:24 ET (23:24 GMT)

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