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Artichokes Market Report 2023-2032: Market Size, Share, Trends, Growth Drivers And Industry Analysis | Naturipe Farms LLC., General Mills Inc., Caprichos del Paladar S.L.U., Green Giant, Agro T18 Italia S.r.l
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Artichokes Global Market Report 2023 identifies Increasing consumption of healthy and nutritional foods as the major driver for the Artichokes market's growth in the forecast period. Healthy and nutritious food is food that supplies the required nutrients, vitamins, and minerals for the body's optimal functioning while also encouraging general health and well-being without the need for additional nutrition supplements.
The global artichokes market is expected to grow from $2.92 billion in 2022 to $3.06 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The artichokes market is expected to reach $3.53 billion in 2027 at a CAGR of 3.6%.
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Major competitors in the Artichokes market are Naturipe Farms LLC., General Mills Inc., Caprichos del Paladar S.L.U., Green Giant, Agro T18 Italia S.r.l.
A key trend in the Artichokes market includes Product innovation. Major companies operating in the artichoke market are focusing on innovative products to sustain their position in the market. For instance, in April 2023, L'Occitane, a France-based skincare company, launched the Artichoke body care range to offer multiple skincare benefits, such as purifying and detoxifying. L'Occitane's artichoke body care range aims to provide the purifying and detoxifying benefits of high polyphenols and inulin and has diuretic, fat-digesting, and cholesterol-fighting properties. These products also promote microcirculation, helping the skin remain plump and improve elasticity.
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The Artichokes market is segmented -
1. By Product Type: Baby Anzio, Big Heart, Green Globe, Siena, Mercury, Omaha, Fiesole, Chianti, Other Product Types
2. By Form: Fresh, Frozen, Canned
3. By Origin: Organic Artichokes, Conventional Artichokes
4. By Application: Medical Research, Liqueur, Herbal Tea, Cooking, Personal Care, Dietary Supplements, Other Applications
5. By End-Use: Direct Consumption, Food Processing, Beverage Processing, Other End-Uses
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Artichokes market.
The Business Research Company's "Global Artichokes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Artichokes Market Include:
1. Executive Summary
2. Artichokes Market Characteristics
3. Artichokes Market Trends And Strategies
4. Artichokes Market - Macro Economic Scenario
5. Global Artichokes Market Size and Growth
……
32. Global Artichokes Market Competitive Benchmarking
33. Global Artichokes Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artichokes Market
35. Artichokes Market Future Outlook and Potential Analysis
36. Appendix
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