The Global Artichokes Market is poised for significant growth, with a projected market value of USD 3.38 Bn by 2029, growing at a CAGR of 3.2 Percent during the forecast period. The market size reached USD 2.71 Bn in 2022, indicating a steady upward trend

Artichokes Market Report Scope and Research Methodology:

Artichokes, known for their edibility and potential health benefits, including antimicrobial, antifungal, antibacterial, antioxidant, and anticancer properties, are cultivated primarily in the Mediterranean region. The demand for artichokes as a food source has been driven by their ability to reduce nausea, vomiting, spasms, and gas. Artichoke leaf extract has also shown potential in reducing cholesterol levels, improving digestion, and protecting the liver against damage.

The report provides a comprehensive analysis of the global artichokes market, incorporating quantitative analysis of market drivers, restraints, trends, estimations, and opportunities. The research methodology includes in-depth analysis, market size determination, and segmentation to identify prevailing market opportunities during the forecast period. Additionally, a PORTER's five forces analysis highlights the ability of buyers and suppliers to make profit-oriented strategic decisions and build their supplier-buyer network. The report aims to provide decision-makers with a clear and futuristic view of the industry.

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Artichokes Market Dynamics:

The growing awareness of the medicinal properties of artichokes has been a major driver for the artichokes market. Pharmaceutical companies are conducting clinical trials to utilize artichoke extracts for medicinal purposes, particularly in the treatment of metabolic syndrome and hypertension. The increasing incidence of high blood pressure globally presents potential growth opportunities for the artichoke extract market.

The functional properties of Jerusalem artichokes have also contributed to market growth. These artichokes are recognized for their high nutritional value and are increasingly popular as a healthy food choice. The demand for Jerusalem artichokes has risen due to their use in functional foods and dietary supplements, given their inulin content and prebiotic effect. Additionally, Jerusalem artichokes are low in carbohydrates and have a low glycemic index, making them suitable for individuals with blood sugar concerns.

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Artichokes Market Regional Insights:

Europe leads the artichokes market, with Italy and Spain being the largest consumers in the region. Italy alone accounts for over half of Italy's artichoke production, with the Puglia region playing a significant role. The increasing awareness of the health benefits of artichokes and their extensive use in traditional European dishes drive the market in this region. Agroittica Lombarda, an Italian company, is a prominent player in the market, offering a range of artichoke products, including canned, frozen, and fresh artichokes.

In North America, California dominates artichoke production, accounting for over 99% of artichokes grown in the United States. The market in this region has experienced growth due to rising consumer interest in healthy and plant-based diets. Ocean Mist Farms, Castroville Artichoke Festival, Del Rey Artichokes, and Monterey Farms are among the key players in the North American artichokes market.

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Artichokes Market Segmentation:

By Form:
1.Fresh
2.Frozen
3.Canned

By End-use:
1.Food & Beverages
2.Pharmaceuticals
3.Personal Care & Cosmetic

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Artichokes Market Key Competitors include:

1.Ocean Mist Farms (U.S)
2. Marianito Produce (U.S)
3.Green Globe Produce Inc. (U.S)
4.Gold Coast Packing Inc. (U.S)
5.D'Arrigo Bros. Co. (U.S)
6.Tanimura & Antle Inc. (U.S)
7.Valpredo Enterprises (U.S)
8.Castellini Company LLC - (U.S)
9.Agroittica Lombarda (Italy)
10.Groupe Soufflet (France)
11. Trapani Artichokes (Italy)
12.W. Noordam & Zonen BV (Netherlands)
13.Chudleigh Farms (UK)
14. La Palmeraie (France)
15.Fontanara (Italy)
16.VoloAgri Group Inc. (Netherlands)
17.Mastronardi Produce Europe (Netherlands)
18.Anklam Extrakt GmbH (Anklam, Germany)
19.Agro T18 Italia Srl (Piedmont, Italy)
20. Gaia Herbs Inc. (Carolina, U.S.)
21.Master Fruit Srl (Sicily, Italy)
22. Herrawi Group (Alexandria, Egypt)
23.Ole! (Alicante, Spain)
24.King Herbs Ltd. (Hunan, China)

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Table of Content for Artichokes Market

1. Global Artichokes Market: Research Methodology

2. Global Artichokes Market: Executive Summary

• Market Overview and Definitions
• Introduction to Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry

3. Global Artichokes Market: Competitive Analysis

• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact

4. Global Artichokes Market Segmentation

• Global Market, by Form (2021-2029)
• Global Market, by End-use (2021-2029)

5. Regional Artichokes Market (2021-2029)

• Regional Market, by Form (2021-2029)
• Regional Market, by End-use (2021-2029)
• Regional Market, by Country (2021-2029)

6. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Form and End-use
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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