The Chicory Leaf Extract Market is expected to rise at annual rate of 6.00% in the forecast period of 2021 to 2028 due to the rising prevalence of improved supply chain network.
On the other hand, very low popularity of chicory products among consumers and its forbidden use during pregnancy and lactation period are expected to obstruct the chicory leaf extract market growth in the above mentioned forecast period. The production of bile from its consumption which may be harmful for gallstones and diabetic patients is projected to challenge the chicory leaf extract market.
According to Data Bridge Market Research, the market for the chicory leaf extract is escalating due to the increase in global trade of product along with free trade agreement and rise in the demand of healthy and natural ingredients. Additionally, growing number of research and development activities and usages of chicory leaves due to the numerous amount of health benefits associated with it such as preventing heartburn and reducing anxiety among others positively affect the chicory leaf extract market. Furthermore, rising demand of the chicory from various end-user industries and growing number of malls extends profitable opportunities to the chicory leaf extract market players.
Now the question is which are the other regions that chicory leaf extract market is targeting? Data Bridge Market Research has estimated Europe is expected to dominate because of the rising health awareness, increase in demand for sugar alternatives and consumption of chicory coffee. North America is projected to witness high growth during the forecast period of 2021-2028 because of the rising production coupled with the rising awareness regarding the health benefits in this region.
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The chicory leaf extract market is segmented on the basis of countries into the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Key Market Competitors Covered in the report
Above are the key players covered in the report, to know about more and exhaustive list of chicory leaf extract companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-chicory-leaf-extract-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Chicory Leaf Extract Market – Industry Trends and Forecast to 2028