Global Chicory Root Product Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Chicory Root Product Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Chicory Root Product market size was valued at USD 1395.3 million in 2023 and is forecast to a readjusted size of USD 1985.3 million by 2030 with a CAGR of 5.2% during review period.

Chicory root comes from a plant with bright blue flowers that belongs to the dandelion family. Employed for centuries in cooking and traditional medicine, it's commonly used to make a coffee alternative, as it has a similar taste and color.

The food market includes both fresh and processed foods. According to our research, the global food and beverage market has a sales revenue of approximately US$10 trillion. China is the world's number one food and beverage market and the world's number one food and beverage producer. In the market drivers section, the total consumer spending forecast shows that consumption at home is growing faster than consumption away from home. However, food service continues to become increasingly important due to changing lifestyles. In addition, the rise of private label brands is putting pressure on the margins of brand manufacturers as retailers compete for a higher share of product sales.

The Global Info Research report includes an overview of the development of the Chicory Root Product industry chain, the market status of Beverage Industry (Chicory Flour, Roasted Chicory), Food industry (Chicory Flour, Roasted Chicory), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Chicory Root Product.

Regionally, the report analyzes the Chicory Root Product markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Chicory Root Product market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Chicory Root Product market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Chicory Root Product industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Chicory Flour, Roasted Chicory).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Chicory Root Product market.

Regional Analysis: The report involves examining the Chicory Root Product market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Chicory Root Product market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Chicory Root Product:

Company Analysis: Report covers individual Chicory Root Product manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Chicory Root Product This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Beverage Industry, Food industry).

Technology Analysis: Report covers specific technologies relevant to Chicory Root Product. It assesses the current state, advancements, and potential future developments in Chicory Root Product areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Chicory Root Product market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Chicory Root Product market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Chicory Flour
Roasted Chicory
Chicory Inulin
Others

Market segment by Application
Beverage Industry
Food industry
Health Care Products and Medicines

Major players covered
BENEO
Cosucra
Violf
Leroux
Sensus
PMV Nutrient Products
Farmvilla Food Industries

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Chicory Root Product product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Chicory Root Product, with price, sales, revenue and global market share of Chicory Root Product from 2019 to 2024.

Chapter 3, the Chicory Root Product competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Chicory Root Product breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Chicory Root Product market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Chicory Root Product.

Chapter 14 and 15, to describe Chicory Root Product sales channel, distributors, customers, research findings and conclusion.