Chicory refers to a perennial herbaceous plant, used mostly for salads. Chicory is a member of the dandelion family. Chicory roots are roasted and used as a substitute for coffee. These roots are a natural source of probiotics and help in reducing weights. Chicory offers various health benefits such as boosting the immunity system and detoxification of lever etc.
MARKET DYNAMICS
Regional integration and free trade agreements drive the growth of the chicory market. Besides this, the growing friend for food court and the emergence of modern retail format also boosts the market growth. However, lack of awareness restricts the growth of the chicory market. The rising demand for healthy beverages worldwide is expected to bolster the growth of the chicory market in the years to come.
MARKET SCOPE
The "Global Chicory Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the chicory market with detailed market segmentation by product, application and geography. The global chicory is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leadingchicory players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global chicory is segmented on the basis of product and application. On the basis of product , the chicory is segmented into chicory root and chicory leaf. Based on application the global chicory market is divided into food & beverage, dietary supplements and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global chicory based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The chicory market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the chicory market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the chicory market in these regions.
MARKET PLAYERS
The reports cover key developments in the chicory as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from chicory are anticipated to lucrative growth opportunities in the future with the rising demand for chicory in the global market. Below mentioned is the list of few companies engaged in the chicory market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food binders. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cargill, Incorporated
- Delecto Foods Pvt Ltd
- Farmvilla Food Industries Limited
- Jamnagar Chicory Industries
- Leroux
- Nature's Gold Production B.V.
- Organic Herb Trading Company
- Pioneer Chicory Starwest Botanicals
- STOKROS Company Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.