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Broccoli Powder Market Growth, Demand and Key Players to 2025

02-06-2018 01:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Broccoli Powder Market Growth, Demand and Key Players to 2025

Broccoli Powder Market: Introduction:

Broccoli belongs to cabbage family whose large flowering head is eaten as a vegetable. This head part is processed into powder form for varied use over the food and dietary supplement industry. The broccoli powder market is growing expressively due to the health benefits align with its consumption into daily life. The high density nutrient concentrate of the broccoli powder is expected to boost the broccoli powder market over the forecast period. Over the forecast period Europe and North America is expected to stand out as a major market for the global broccoli powder market. Broccoli powder does not have a great product recall but is gaining popularity at a significant rate.

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Broccoli Powder Market: Segmentation:

The broccoli powder market is segmented on the basis of source, application and distribution channel. On the basis of source the broccoli powder market is segmented into organic and conventional. The organic segment is expected to capture larger share of the market over the forecast period due to rising consumer preference of the targeted market, a rise in demand from health conscious consumer and consequently act as a driver for the broccoli powder market growth.

Broccoli powder is segmented on the basis of end use application which includes health supplements and food and beverages. It is further segmented based on distribution channel as, modern trade (including hypermarkets/supermarkets), online stores, convenience stores and other retail formats.

Broccoli Powder Market: Region-wise Outlook:

A greater demand of broccoli powder is arising from Europe and North American region, which can be attributed to the high level commercialization of health supplements. With China being the largest exporter of herbal medicines followed by India. There is an increasing demand of herbal products throughout the globe with the major exports accounting to the following regions; North America, Latin America, Europe, Middle East, Asia Pacific and Africa. The European Region with its proactive research for natural products has eyed this segments and successfully gained popularity, with countries such as Germany having one of the largest investment in botanicals research. The market is also expected to growth in these regions during the forecast period.

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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.

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