Global Chicory Market - Insights and TrendsMarket Introduction:
Chicory is a perennial herbaceous plant, which is woody in nature and belongs to dandelion family Asteraceae. Chicory leaves are mostly used for salads and roots when roasted are used as a coffee substitute as well as additive. Chicory is also grown as a feed crop for livestock. Chicory is a native plant of Europe and now is also commonly found in North America. In U.S. chicory is commonly known as Endive (Cichorium endivia). Chicory is famous for the health benefits it offers such as it has the ability to boost the immune system, ease digestive issues, reduce arthritis pains, prevent bacterial infections & heartburn, detoxify the liver and gallbladder and reduce the chance of heart disease. Chicory root is a natural source of prebiotics and is also helpful in reducing weight. Chicory plant is a great source of vitamin and minerals, folic acid, magnesium and potassium.
Download exclusive Sample of this report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=33458
Chicory product market is segmented on the basis of nature, end use, distribution channel and region. On the basis of nature the market is segmented into organic and conventional. On the basis of end use applications chicory market is segmented into food and beverages industry, pharmaceutical industry and nutraceutical industry. The food & beverage industry segment can be further sub-segmented into bakery & confectionery products, energy bars, dairy & frozen desserts, breakfast cereals & granola products and beverages. On the basis of distribution channel the chicory market is segmented into hypermarket/supermarket, convenience stores, drug store, online store and others. Among the distribution channel hypermarket/ supermarket is expected to retain the maximum market share in the forecast period.
Market Regional Outlook:
Regional segment for the market of Chicory is divided into five different regions: North America, Latin America, Europe, Europe, Asia Pacific and MEA. Among these segment Europe is expected to have the major market share globally, as it is the largest producer and consumer of Chicory. The North America market is expected to grow significantly over the forecast period, but is anticipated to account for a lower growth rate than the APEJ region, owing to a greater number of emerging economies in Asia Pacific. In Asia Pacific region the countries like India and China, are generating the major revenue. Moreover, the Asia Pacific region is estimated to account the highest CAGR, owing to a larger consumer base, combined with a higher number of retail outlets than any other region.
Obtain Report Details @ https://www.transparencymarketresearch.com/chicory-market.html
Regional integration was lacking in Latin America because of major economies such as Brazil and Argentina, which had not adapted free trade. Now the scenario has changed. After successful adoption of free trade agreements by Peru and Mexico and the benefits they received, other countries started adopting free trade. Free trade helps in integration of supply chain, which results in increasing trade activities and trade volume between countries. Chicory manufacturers can now get easy access to other countries in the region. This fact is expected to bolster growth of chicory market. Moreover, with the emergence of modern retail formats, the F&B sector has a new format for operations in the form of food courts and specialty stores in large format malls. These food courts and specialty stores offer consumers easy access to food and beverage that contains chicory ingredients such as prebiotics at the time of shopping and entertainment activities and also offer a choice of selecting different products by comparing it then and there. These improved retail formats has helped the companies to offer its prebiotics and other vitamin and minerals to the consumers in a better way. Consumers can now easily select their desired product as varieties are available at the stores, which is also helping to boost growth of chicory market globally.
Increasing demand for healthy beverages globally is expected to create opportunities for players in the global chicory market. Ever rising demand for drinks or bars with natural ingredients is expected to result in significantly high sales of chicory products. Food & beverage companies are highly focusing on the research & development activities to enhance the nutritional and multifunctional profile of food items, which offers high health benefits. Prebiotics have greater visibility in the health supplement market, which should have a positive spillover effect into the mass consumer market. There is a significant presence of large multinational manufacturers in Europe, who have the mature technology and capacity to service the needs of this market.
Market Key Players:
Some of the key players in Chicory Market are Prewett's Health Foods, Starwest Botanicals Inc, Leroux, Narasus Coffee Company, Pioneer Chicory and Chicobel Pvt Ltd among other.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Chicory Market - Insights and Trends here
News-ID: 883353 • Views: 531
More Releases from Transparency Market Research
Global Nano Positioning Systems Market Outlook 2031 - Initiating at $152.3 Milli …
The latest research study released by Transparency Market Research on "Nano Positioning Systems Market Forecast to 2022-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Nano Positioning Systems industry, as
Global AI in Cancer Diagnostics Market Outlook 2031 - Commencing at $859.0 Milli …
The latest research study released by Transparency Market Research on "AI in Cancer Diagnostics Market Forecast to 2022-2033 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the AI in Cancer Diagnostics
Global Smart Hospitals Market Outlook 2031 - Commencing at $41.9 Billion in 2022 …
The latest research study released by Transparency Market Research on "Smart Hospitals Market Forecast to 2022-2032 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Smart Hospitals industry, as well as
Dock Decking Market Outlook 2031 - Setting Sail at $506.1 Million in 2022, Antic …
The latest research study released by Transparency Market Research on "Dock Decking Market Forecast to 2022-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Dock Decking industry, as well as
More Releases for Chicory
Versatility of Chicory Allows Global Chicory Market to Grow by Leaps and Bounds, …
Chicory, a compelling alternative to coffee, is a herbaceous plant native to Eurasia. Chicory is a rich source of insulin, bioactive compounds, oligofructose and soluble fibres. Chicory's manifold medicinal properties make it a vital ingredient in dietary supplements and various foods & beverages. Chicory contains minimal calories, fat, sugar and no gluten allowing the global chicory market to ride the vegan wave of the 21st century. Chicory inulin is considered
Global Chicory Market Trends – Forecasts to 2026
As per the recent studies done by GME, the Chicory Market is projected to achieve the highest growth at a CAGR of 5.5% in the middle of 2020-2026 timespan. With rising consumption of coffee and increasing coffee beans prices, the coffee and other food & beverage manufacturers are shifting their interest towards adopting chicory ingredients. High medicinal values and health benefits offered by chicory is further adding values to
Chicory Powder Market Emerging Scope 2019 | Perennial Lifesciences Pvt(India), K …
A comprehensive research study titled Global Chicory Powder Market Research Report 2019-2025 presented here is a smart interpretation on the global Chicory Powder market that provides complete market estimation of market overview, SWOT analysis, strategies, and market revenue during the forecast period from 2019 to 2025. The report highlights significant aspects such as segmentation, competition, and regional analysis. The research study contains factors such as market share, CAGR, production, and
Global Chicory Market Growth 2019-2024
Chicory (Chicorium intybus) is a somewhat woody, perennial herbaceous plant of the dandelion family usually with bright blue flowers, rarely white or pink. It can be found throughout all parts of Africa, Europe, and other temperate regions of the world. Chicory root is commonly processed for food and beverage industry. The leaves of the chicory plant are also in demand in markets around the world; the leaves are used in the
Chicory Market 2017 - Beneo, Cosucra, Sensus, Leroux
Apex Research, recently published a detailed market research study focused on the "Chicory Market" across the global, regional and country level. The report provides 360° analysis of "Chicory Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Chicory industry, and estimates the future trend of Chicory market on the basis of this
Chicory Inulin - Industry Analysis, Revenue and Trends
In 2016, the world economy expanded by just 2.2 per cent, the slowest rate of growth since the Great Recession of 2009. Underpinning the sluggish global economy are the feeble pace of global investment, dwindling world trade growth, flagging productivity growth and high levels of debt. World gross product is forecast to expand by 2.7 per cent in 2017 and 2.9 per cent in 2018, with this modest recovery more