Global Chicory Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/1/2022
- NO OF PAGES
- 269
- CATEGORY
- Agriculture
Market Overview:
Chicory is a plant that is widely used in the food and beverage industry. It is a member of the dandelion family and has a bitter taste. Chicory is often used as a substitute for coffee or added to coffee blends to enhance flavor. It is also used as a natural sweetener, and its leaves are sometimes used in salads. The global chicory market is primarily driven by the growing demand for natural and healthy food products. Chicory is low in calories and high in fiber, making it a popular ingredient in health foods. Additionally, chicory is rich in antioxidants, which have been linked to a reduced risk of chronic diseases such as cancer and heart disease. Chicory is also used in the food and beverage industry as a flavor enhancer and natural sweetener. The demand for natural sweeteners is increasing, as consumers are becoming more health-conscious and seeking alternatives to artificial sweeteners.
The chicory market is segmented based on product type, application, and region. The product type segment includes chicory root, chicory leaves, and chicory flour. The application segment includes food and beverages, dietary supplements, and animal feed. The food and beverages segment is further segmented into coffee substitutes, sweeteners, and flavor enhancers. Europe is the largest market for chicory, as it has a long history of using chicory as a coffee substitute. The region is also a major producer of chicory, with France and Belgium being the leading producers. North America is another important market for chicory, as the demand for natural and healthy food products is increasing in the region. Overall, the global chicory market is expected to continue growing in the coming years, driven by the growing demand for natural and healthy food products and the increasing use of chicory as a flavor enhancer and natural sweetener in the food and beverage industry.
Covid-19 Impact:
The COVID-19 pandemic has had an impact on the chicory market, as it has on many other industries. The pandemic has disrupted supply chains and led to a decline in consumer demand for certain products, including chicory. During the early stages of the pandemic, the chicory market faced challenges in terms of transportation and logistics. The lockdowns and travel restrictions imposed in many countries led to a disruption in the supply chain, making it difficult to transport chicory products to different regions.
However, the pandemic also created opportunities for the chicory market. With consumers becoming more health-conscious, there has been an increased demand for natural and healthy food products. Chicory, with its low calorie content and high fiber and antioxidant content, has become a popular ingredient in health foods. The pandemic has also increased demand for natural sweeteners, as consumers look for alternatives to artificial sweeteners. Chicory is a natural sweetener that has been used for centuries, and its demand has increased during the pandemic.
Overall, the impact of the COVID-19 pandemic on the chicory market has been mixed. While the pandemic has created challenges in terms of supply chain disruptions and declining demand in some regions, it has also created new opportunities for the market, particularly in the areas of natural and healthy food products and natural sweeteners
Market Dynamics:
Drivers:
The chicory market is driven by various factors, including:
- Growing demand for natural and healthy food products: Chicory is a natural ingredient that is low in calories and high in fiber, making it a popular ingredient in health foods. Additionally, chicory is rich in antioxidants, which have been linked to a reduced risk of chronic diseases such as cancer and heart disease. The growing demand for natural and healthy food products is driving the demand for chicory.
- Increasing use of chicory as a natural sweetener: Chicory is a natural sweetener that has been used for centuries. With consumers becoming more health-conscious and seeking alternatives to artificial sweeteners, the demand for natural sweeteners like chicory is increasing.
- Growing demand for coffee substitutes: Chicory is often used as a coffee substitute or added to coffee blends to enhance flavor. The demand for coffee substitutes is increasing, particularly among consumers who are looking for caffeine-free alternatives to coffee.
- Rising demand from the food and beverage industry: Chicory is used as a flavor enhancer and natural sweetener in the food and beverage industry. The demand for natural ingredients in the food and beverage industry is increasing, driving the demand for chicory.
- Increasing popularity in emerging markets: The demand for chicory is increasing in emerging markets such as Asia-Pacific and Latin America, where consumers are becoming more health-conscious and seeking natural and healthy food products. The growing popularity of chicory in these regions is expected to drive the growth of the chicory market in the coming years.
Regional Analysis:
The chicory market is analyzed based on different regions including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Europe is the largest market for chicory, accounting for the majority of the global market share. The region has a long history of using chicory as a coffee substitute, and it is also a major producer of chicory. France and Belgium are the leading producers of chicory in Europe.
North America is another important market for chicory, driven by the increasing demand for natural and healthy food products. The United States is the largest market in the region, with a growing demand for natural sweeteners and coffee substitutes.
The Asia-Pacific region is expected to be the fastest-growing market for chicory in the coming years. The region has a large population and a growing middle class, which is driving the demand for natural and healthy food products. Countries such as India and China are expected to be major markets for chicory in the region.
Latin America and Middle East & Africa are also expected to see significant growth in the chicory market. The demand for natural and healthy food products is increasing in these regions, and chicory is expected to be a popular ingredient due to its low calorie content and high fiber content.
Overall, the global chicory market is expected to continue growing in the coming years, driven by the increasing demand for natural and healthy food products and the growing popularity of chicory as a coffee substitute, natural sweetener, and flavor enhancer in the food and beverage industry.
Market Segmentation:
The chicory market can be segmented on the basis of type, form, and application:
By Type:
- Witloof chicory: Also known as Belgian endive, it is a popular variety of chicory used in salads and as a vegetable.
- Root chicory: The root of the chicory plant is dried, roasted, and ground to make a coffee substitute.
- Industrial chicory: This type of chicory is used as a natural sweetener and flavor enhancer in the food and beverage industry.
By Form:
- Powder
- Liquid
- Cubes
- Grains
By Application:
- Food and Beverage Industry: Chicory is used as a flavor enhancer, natural sweetener, and coffee substitute in the food and beverage industry.
- Dietary Supplements: Chicory is rich in antioxidants and fiber, making it a popular ingredient in dietary supplements.
- Animal Feed: Chicory is used as a feed supplement for livestock, as it is high in fiber and other nutrients.
- Others: Chicory is also used in cosmetics and personal care products due to its anti-inflammatory and antioxidant properties.
Overall, the demand for chicory is driven by its use as a natural sweetener, coffee substitute, and flavor enhancer in the food and beverage industry, as well as its increasing popularity as a dietary supplement and animal feed.
Competitive Landscape:
Some of the key players operating in the global chicory market are:
- Beneo GmbH
- Cosucra Groupe Warcoing SA
- Leroux
- Sensus
- Cargill, Incorporated
- Farmvilla Food Industries Pvt. Ltd.
- PMV Nutrient Products Pvt Ltd
- Starwest Botanicals
- Shaanxi Sciphar Natural Product Co., Ltd.
- Bairun Fruits Co., Ltd.
These companies are focusing on expanding their production capacity, developing new products, and investing in research and development to enhance the properties and applications of chicory. They are also adopting various strategies such as mergers and acquisitions, partnerships, and collaborations to expand their market presence and meet the growing demand for chicory.
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Chicory Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Chicory
1.3 Chicory Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Chicory
1.4.2 Applications of Chicory
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Cosucra Market Performance Analysis
3.1.1 Cosucra Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Cosucra Sales, Value, Price, Gross Margin 2016-2021
3.2 Sensus Market Performance Analysis
3.2.1 Sensus Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Sensus Sales, Value, Price, Gross Margin 2016-2021
3.3 Shenyang Bakor Market Performance Analysis
3.3.1 Shenyang Bakor Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Shenyang Bakor Sales, Value, Price, Gross Margin 2016-2021
3.4 Violf Market Performance Analysis
3.4.1 Violf Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Violf Sales, Value, Price, Gross Margin 2016-2021
3.5 Beneo Market Performance Analysis
3.5.1 Beneo Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Beneo Sales, Value, Price, Gross Margin 2016-2021
3.6 PMV Nutrient Products Market Performance Analysis
3.6.1 PMV Nutrient Products Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 PMV Nutrient Products Sales, Value, Price, Gross Margin 2016-2021
3.7 Leroux Market Performance Analysis
3.7.1 Leroux Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Leroux Sales, Value, Price, Gross Margin 2016-2021
3.8 FARMVILLA Market Performance Analysis
3.8.1 FARMVILLA Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 FARMVILLA Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Chicory Production and Value by Type
4.1.1 Global Chicory Production by Type 2016-2021
4.1.2 Global Chicory Market Value by Type 2016-2021
4.2 Global Chicory Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Chicory Flour Market Production, Value and Growth Rate
4.2.2 Roasted Chicory Market Production, Value and Growth Rate
4.2.3 Chicory Inulin Market Production, Value and Growth Rate
4.2.4 Others Market Production, Value and Growth Rate
4.3 Global Chicory Production and Value Forecast by Type
4.3.1 Global Chicory Production Forecast by Type 2021-2026
4.3.2 Global Chicory Market Value Forecast by Type 2021-2026
4.4 Global Chicory Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Chicory Flour Market Production, Value and Growth Rate Forecast
4.4.2 Roasted Chicory Market Production, Value and Growth Rate Forecast
4.4.3 Chicory Inulin Market Production, Value and Growth Rate Forecast
4.4.4 Others Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Chicory Consumption and Value by Application
5.1.1 Global Chicory Consumption by Application 2016-2021
5.1.2 Global Chicory Market Value by Application 2016-2021
5.2 Global Chicory Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Beverage Industry Market Consumption, Value and Growth Rate
5.2.2 Food industry Market Consumption, Value and Growth Rate
5.2.3 Health Care Products and Medicines Market Consumption, Value and Growth Rate
5.3 Global Chicory Consumption and Value Forecast by Application
5.3.1 Global Chicory Consumption Forecast by Application 2021-2026
5.3.2 Global Chicory Market Value Forecast by Application 2021-2026
5.4 Global Chicory Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Beverage Industry Market Consumption, Value and Growth Rate Forecast
5.4.2 Food industry Market Consumption, Value and Growth Rate Forecast
5.4.3 Health Care Products and Medicines Market Consumption, Value and Growth Rate Forecast
6 Global Chicory by Region, Historical Data and Market Forecasts
6.1 Global Chicory Sales by Region 2016-2021
6.2 Global Chicory Market Value by Region 2016-2021
6.3 Global Chicory Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Chicory Sales Forecast by Region 2021-2026
6.5 Global Chicory Market Value Forecast by Region 2021-2026
6.6 Global Chicory Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2026
7.1 United State Chicory Value and Market Growth 2016-2021
7.2 United State Chicory Sales and Market Growth 2016-2021
7.3 United State Chicory Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Chicory Value and Market Growth 2016-2021
8.2 Canada Chicory Sales and Market Growth 2016-2021
8.3 Canada Chicory Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Chicory Value and Market Growth 2016-2021
9.2 Germany Chicory Sales and Market Growth 2016-2021
9.3 Germany Chicory Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Chicory Value and Market Growth 2016-2021
10.2 UK Chicory Sales and Market Growth 2016-2021
10.3 UK Chicory Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Chicory Value and Market Growth 2016-2021
11.2 France Chicory Sales and Market Growth 2016-2021
11.3 France Chicory Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Chicory Value and Market Growth 2016-2021
12.2 Italy Chicory Sales and Market Growth 2016-2021
12.3 Italy Chicory Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Chicory Value and Market Growth 2016-2021
13.2 Spain Chicory Sales and Market Growth 2016-2021
13.3 Spain Chicory Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Chicory Value and Market Growth 2016-2021
14.2 Russia Chicory Sales and Market Growth 2016-2021
14.3 Russia Chicory Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Chicory Value and Market Growth 2016-2021
15.2 China Chicory Sales and Market Growth 2016-2021
15.3 China Chicory Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Chicory Value and Market Growth 2016-2021
16.2 Japan Chicory Sales and Market Growth 2016-2021
16.3 Japan Chicory Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Chicory Value and Market Growth 2016-2021
17.2 South Korea Chicory Sales and Market Growth 2016-2021
17.3 South Korea Chicory Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Chicory Value and Market Growth 2016-2021
18.2 Australia Chicory Sales and Market Growth 2016-2021
18.3 Australia Chicory Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Chicory Value and Market Growth 2016-2021
19.2 Thailand Chicory Sales and Market Growth 2016-2021
19.3 Thailand Chicory Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Chicory Value and Market Growth 2016-2021
20.2 Brazil Chicory Sales and Market Growth 2016-2021
20.3 Brazil Chicory Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Chicory Value and Market Growth 2016-2021
21.2 Argentina Chicory Sales and Market Growth 2016-2021
21.3 Argentina Chicory Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Chicory Value and Market Growth 2016-2021
22.2 Chile Chicory Sales and Market Growth 2016-2021
22.3 Chile Chicory Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Chicory Value and Market Growth 2016-2021
23.2 South Africa Chicory Sales and Market Growth 2016-2021
23.3 South Africa Chicory Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Chicory Value and Market Growth 2016-2021
24.2 Egypt Chicory Sales and Market Growth 2016-2021
24.3 Egypt Chicory Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Chicory Value and Market Growth 2016-2021
25.2 UAE Chicory Sales and Market Growth 2016-2021
25.3 UAE Chicory Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Chicory Value and Market Growth 2016-2021
26.2 Saudi Arabia Chicory Sales and Market Growth 2016-2021
26.3 Saudi Arabia Chicory Market Value Forecast 2021-2026
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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