Asparagus Market Size Growth 2023 Comprehensive Analysis, Progressive Strategies and Forecast Till 2030 | Altar Produce LLC, Sociedad Agrícola Virú

The asparagus market is estimated for substantial growth over 2023-2030 period, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Asparagus is a spring vegetable that is low in calories and a good source of vitamins, minerals, and fiber. Common varieties include green, white, and purple asparagus, which are often consumed fresh or used as an ingredient in recipes due to their distinct flavor.

Market Dynamics:

One of the primary drivers for the asparagus market growth is rising awareness about the health benefits of asparagus. Asparagus contains antioxidants, vitamins K, A, C, and E, folate, and fiber that may reduce the risk of certain cancers, improve heart health, and aid in weight management. Further, growing consumer preference for nutrient-rich foods is also contributing to the increased demand for asparagus. The market is also expected to gain traction from the ability of asparagus to support digestive health and lower blood sugar levels owing to the presence of prebiotic fiber.

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Top Key Players are Covered in this Report:

★ Altar Produce LLC
★ Sociedad Agrícola Virú
★ DanPer Trujillo S.A.C.
★ Limgroup B.V.
★ TEBOZA BV
★ ILIOS - The Greek Asparagus Company
★ BEJO SEEDS LTD.
★ Spargelhof Elsholz Gbr
★ Cutter Asparagus Seed
★ JERSEY ASPARAGUS FARMS
★ INC.
★ Consorzio Associazione Produttori Ortofrutticoli Foggia
★ Mazzoni Vivai
★ California Asparagus Seed and Transplants Inc.

Detailed Segmentation

By Product Type:

★ Fresh
★ Frozen
★ Preserved

By End User:

★ Household
★ Commercial

Key Region/Countries are Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

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Increasing Health Benefits of Asparagus

Asparagus is considered a highly nutritious vegetable as it is low in calories but high in various vitamins and minerals. It contains a good amount of vitamins such as vitamin K, folate, vitamin A, C, E, B1, B2 and B6. It also contains minerals like copper, potassium, zinc, iron and manganese. Furthermore, asparagus is a good source of fiber and protein and provides anti-inflammatory and antioxidant properties. The rising awareness among consumers about the numerous health benefits of asparagus has boosted its demand in the global market over the years. The reports by various health organizations emphasizing on the consumption of vegetables and their nutrients for disease prevention and improved health have further driven the asparagus market.

Growing Popularity Among Millennial Generation

The millennial generation is exhibiting high preference for ready-to-eat food options with high nutritional value. Asparagus with its versatility in usage has been gaining popularity among millennials across regions. Its usage in pasta, pizza, salads and snacks has opened new avenues of consumption. Furthermore, asparagus shots and spears have emerged as attractive on-the-go food options for health-conscious millennial population. The rising influence of this young demographic on food trends has prompted increased production and availability of asparagus which has significantly contributed to the growth of global asparagus market.

Influence of Seasonal Variations

Asparagus is a seasonal vegetable which is available only during a specific period in a year and the supply diminishes outside the harvest season. The availability of asparagus depends on climatic conditions and geographical zones. Any unfavourable climatic changes like temperature shifts, rainfall variations, and pests and diseases during growing season can negatively impact the yield and supply of asparagus. Prolonged abnormal weather can reduce the crop size significantly. This uncertainty in availability of asparagus due to seasonal variations has challenged supply chain management to some extent. However, advancements in greenhouse cultivation and cold storage facilities have helped overcome this restrain to a certain level.

Rise of Organic Farming

Consumers are increasingly preferring organic food products believing them to be safer and more nutritious than conventionally grown food. This rising demand for organic produce has opened new opportunities for organic asparagus cultivation. The presence of fewer pesticides and presence of nutrients has led to growing acceptance of organic asparagus by health-conscious consumers. Furthermore, various government initiatives are being undertaken across regions to promote organic agriculture. This is encouraging asparagus farmers to gradually shift to organic production methods. The growing preference for organic asparagus is expected to create substantial growth prospects for asparagus market players in the coming years.

Advancements in Cold Chain Infrastructure

Maintenance of proper cold chain from the harvest and processing stage until it reaches the end consumer plays a crucial role for asparagus due to its high perishability. Advancements are being witnessed in cold chain infrastructure across key asparagus producing regions which is helping improve post-harvest management. Adoption of modern storage and transportation facilities such as cold rooms, refrigerated transport and central monitoring systems are minimizing wastage of perishable produce significantly. Furthermore, innovations in packaging technologies help extend shelf life without compromising quality. The strengthening cold chain infrastructure is enabling a steady supply of fresh asparagus throughout the year which is one of the emerging trends positively impacting global asparagus market.

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The report answers a number of crucial questions, including:

✦ Which companies dominate the global Asparagus market?
✦ What current trends will influence the market over the next few years?
✦ What are the market's opportunities, obstacles, and driving forces?
✦ What predictions for the future can help with strategic decision-making?
✦ What advantages does market research offer businesses?
✦ Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?
✦ What is the anticipated growth rate for the Asparagus market economy globally?

Some of the Major Points of TOC cover:

Chapter 1: Techniques & Scope

1.1 Definition and forecast parameters
1.2 Methodology and forecast parameters
1.3 Information Sources

Chapter 2: Latest Trends Summary

2.1 Regional trends
2.2 Product trends
2.3 End-use trends
2.4 Business trends

Chapter 3: Industry Insights

3.1 Industry fragmentation
3.2 Industry landscape
3.3 Vendor matrix
3.4 Technological and Innovative Landscape

Chapter 4: Asparagus Market, By Region

Chapter 5: Company Profiles

5.1 Company Overview
5.2 Financial elements
5.3 Product Landscape
5.4 SWOT Analysis
5.5 Systematic Outlook

Chapter 6: Assumptions and Acronyms

Chapter 7: Research Methodology

Chapter 8: Contact (Continue . . .)

Contact Us:

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.