The report offers detailed coverage of Chicory industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Chicory by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Chicory (Chicorium intybus) is a somewhat woody, perennial herbaceous plant of the dandelion family usually with bright blue flowers, rarely white or pink. It can be found throughout all parts of Africa, Europe, and other temperate regions of the world.
Chicory root is commonly processed for food and beverage industry. The leaves of the chicory plant are also in demand in markets around the world; the leaves are used in the preparation of salads and eaten raw as greens.
In this report, statistics are related to commercial processing products of chicory root, including chicory flour, roasted chicory, liquid chicory, and instant chicory.
Chicory industry is concentrated highly. Currently, there are many chicory products producing companies in the world chicory industry. The main market players are Beneo, Cosucra, Sensus and Leroux. These four companies occupied 85.02% of the global production. The production of chicory will increase to 114410 MT in 2017 from 80181 MT in 2012 with average growth rate of 7.37%. Europe is the largest production region with rich raw material source.
The global consumption value of chicory increases with the 6.13% average growth rate. Europe is the largest consumption region due to the bigger demand of downstream applications. In 2016, these this region occupied 53.91% of the global consumption volume in total.
Chicory products mainly include three forms, which include chicory flour, roasted chicory, chicory inulin and others. And each type has application industries relatively. With medical effect and flavour of chicory, the downstream application industries will need more chicory products. So, chicory has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance chicory through improving technology.
The report forecast global Chicory market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Chicory market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Beneo
Cosucra
Sensus
Leroux
Violf
PMV Nutrient Products
FARMVILLA
At the same time, we classify Chicory according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Chicory Flour
Roasted Chicory
Chicory Inulin
Others
Market by Application
Beverage Industry
Food Industry
Health Care Products and Medicines
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Chicory market for the forecast period 2021 - 2025?
• What are the driving forces in the Chicory market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Chicory industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?