Press release
Chicory Market to Exhibit a Remarkable CAGR of 6.70% by 2029, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Data Bridge Market Research analyses that the chicory market which was valued at USD 693.56 million in 2021 is expected to reach the value of USD 1,165.20 million by 2029, at a CAGR of 6.70% during the forecast period of 2022-2029.Market Definition:
Chicory, also known as Cichorium intybus, is a dandelion-like woody herbaceous plant grown primarily for its leaves and roots. Chicory root is high in inulin, a type of prebiotic fibre linked to weight loss and improved gut health. According to research, chicory is a safe alternative to a number of ingredients in a variety of applications, including food and beverages, dietary supplements, feed and pet food, and cosmetics.
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Some of the major players operating in the chicory market are:
COSUCRA. (Belgium), Delecto Foods Pvt Ltd (India), BENEO (Germany), Cargill Incorporated (US), REILY FOODS COMPANY. (US), Pioneer Chicory (India), PMV Nutrient Products Pvt Ltd. (India), Farmvilla Food Industries Pvt Ltd (India), Murlikrishna Foods Pvt Ltd (India), Starwest Botanicals. (US), STOKROS Company Ltd (Russia), Nature's Gold (Netherlands), Shaanxi Sciphar Natural Product Co Ltd. (China), Jamnagar Chicory Industries (India) H&C GROUP OF COMPANIES (India).
Competitive Landscape and Chicory Market Share Analysis :
The chicory market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to chicory market.
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About Data Bridge Market Research:
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
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