Global Chicory Leaf Extract Market, By Nature (Organic, Conventional), Form (Powdered, Liquid Extract), Application (Food and Beverage, Pharmaceutical), Distribution Channel (Supermarket, Specialty Store, Grocery, Online Retails, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Chicory leaf extract market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 6.00% in the above-mentioned forecast period. Rising prevalence of improved supply chain network drives chicory leaf extract market.
Chicory is a type of perennial herbaceous, which has a quite a large number of medical properties associated with it which includes preventing heartburn, reducing anxiety, reducing arthritis pains, improving gut health, detoxifying the liver and gallbladder, the ability to ease digestive problems, prevent bacterial infections, and boosting the immune system. It also acts as a natural sedative, and also helps in the protection against kidney stones and to maintain a healthy weight. Almost every part of the chicory plant have certain beneficial qualities, and the root is crushed into a powder and used as a coffee substitute and also boiled and eaten with butter, and the leaves of young plant are used cooking like spinach.
Increasing global trade of product along with free trade agreement is a vital factor escalating the market growth, also rising preferences towards healthy beverages across the globe, increasing demand of healthy and natural ingredients, growing number of research and development activities, rising usages of chicory leaves due to the numerous amount of health benefits associated with it such as preventing heartburn, reducing anxiety among others, increasing use of chicory in salads, appetizers, and as the alternative to crackers and gluten-containing products, increasing demand for gluten-free appetizers is anticipated to boost the consumption and rising awareness regarding the health benefits of chicory among the consumers are the major factors among others driving the chicory leaf extract market briskly. Moreover, rising demand of the chicory from various end-user industries and growing number of malls, supermarkets and food court will further create new opportunities for the chicory leaf extract market in the forecast period of 2021- 2028.
However, very low popularity of chicory products among consumers and its forbidden use during pregnancy and lactation period, and it also enhances the production of bile which may be harmful for gallstones and diabetic patients which acts as the major restraints among others, and will further challenge the chicory leaf extract market in the forecast period.
This chicory leaf extract market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on chicory leaf extract market contact Data bridge market research for an Analyst Brief our team will help you take an informed market decision to achieve market growth.
Chicory leaf extract market is segmented on the basis of nature, form, and application and distribution channel. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of nature, the chicory leaf extract market is segmented into organic and conventional.
- Based on form, the chicory leaf extract market is segmented into powdered and liquid extract.
- Based on application, the chicory leaf extract market is segmented into food and beverage and pharmaceutical.
- The chicory leaf extract market is also segmented on the basis of distribution channel into supermarket, specialty store, grocery, online retails and others.
Global Chicory Leaf Extract Market Country Level Analysis
Chicory leaf extract market is analysed and market size insights and trends are provided by country, nature, form, and application and distribution channel as referenced above.
The countries covered in chicory leaf extract market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, 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).
Europe dominates the chicory leaf extract market due to rising health awareness and consumption of chicory coffee and rising demand for sugar alternatives in this region. North America is the expected region in terms of growth in chicory leaf extract market due to rising production coupled with the rising awareness regarding the health benefits in this region.
The country section of the chicory leaf extract market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Chicory Leaf Extract Market Share Analysis
Chicory leaf extract market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to chicory leaf extract market.
The major players covered in the chicory leaf extract market report are Cargill, Incorporated, Delecto Foods Pvt Ltd, Starwest Botanicals, LEROUX, Pioneer Chicory, Nature’s Gold Production, Organic Herb Trading, Jamnagar Chicory Industries, STOKROS company Ltd., Prewetts Health Foods Ltd, Südzucker AG, REILY FOODS COMPANY., FARMVILLA FOOD INDUSTRIES PVT LTD, Narasu's Coffee Company., BENEO, COSUCRA. and PMV Nutrient Products Pvt Ltd other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Chicory Leaf Extract Market
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