Chicory powder is produced from the chicory root. Chicory root is obtained from a plant with bright blue flowers that belongs to the dandelion family. The fiber from chicory root is claimed to have numerous health benefits and often extracted for use as a supplement or food additive. Chicory powder is primarily composed of inulin, which is prebiotic that encourages the growth of healthy gut bacteria. As the inulin in chicory root fiber passes through the human body undigested and feeds the gut bacteria, it may promote healthy digestion. Due to its inulin content, chicory root fiber helps in curing constipation and increase stool frequency. Chicory root fiber also boosts blood sugar control, especially in people with diabetes.
MARKET DYNAMICS
The chicory powder market has witnessed significant growth owing to factors such as rising demand for functional food and increasing health consciousness among the consumers. Moreover, a substantial shift of consumers in developed and developing countries towards a healthy lifestyle and food provides huge market opportunities for the key players in the market. However, less awareness among the consumer in developing countries regarding its availability, usage, and consumption is projected to hamper the overall growth of the chicory powder market.
MARKET SCOPE
The Global Chicory Powder 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 powder market with detailed market segmentation by product, application and geography. The global chicory powder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading chicory powder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global chicory powder market is segmented on the basis of product and application. On the basis of product, the chicory powder market is segmented into dried chicory powder, instant chicory powder, chicory extract powder, and roasted chicory powder. Based on applictaion the market is segmented into food and beverage industry, healthcare industry, 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 powder market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The chicory powder 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 powder 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 powder market in these regions.
MARKET PLAYERS
The reports cover key developments in the chicory powder market 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 powder market are anticipated to lucrative growth opportunities in the future with the rising demand for chicory powder in the global market. Below mentioned is the list of few companies engaged in the chicory powder market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chicory powder market. 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.
- Anwel Life Sciences Pvt.Ltd
- Farmvilla Food Industries Pvt
- Guangzhou Zeyu Biotechnology Co., Ltd
- Kingherbs
- Perennial Lifesciences Pvt
- Pioneer Chicory
- Qingdao Oriental Tongxiang Co.,Ltd
- RKAgroexportPrivateLimited
- SV Agrofood
- Xian Day Natural Tech Co., Ltd
- Vokin Biotech Private Limited
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