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Published: Aug, 2019 | Pages:
80 | Publisher: Grand View Research
Industry: Food & Beverages | Report Format: Electronic (PDF)
The global chicory market size is anticipated to reach USD 294.2 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 4.2% during the forecast period. Increasing awareness regarding the medicinal value of chicory is the main factor driving the growth. The chicory root product segment accounted for more than 65% market share in 2018. Roots are a rich source of inulin and nutrients essential for brain health. Ground and roasted roots are used as an alternative to coffee. Chicory root powder is used in baked goods and other food products as an alternative to sugar and fat, as well as, as a texturizer. As a result, the market is anticipated to witness significant rise in demand over the forecast period. Food and beverage was the largest application segment accounting for more than 45% market share in 2018. It is expected to maintain its dominance throughout the forecast period. Increasing demand for chicory coffee in Thailand, Japan, Netherlands, Germany, France, and U.S. is driving the growth. In addition, increasing use of the product as an alternative to sugar and fat in various food and beverages is expected to create growth opportunities in the forthcoming years. Europe is anticipated to continue leading the global chicory market over the forecast period. Rising consumption owing to various health benefits of the product is driving the regional growth. Belgium is the largest producer of chicory in the world. Germany, France, and Netherlands are expected to witness significant growth owing to rising consumption of chicory coffee. North America is expected to witness the fastest CAGR of 5.2% from 2019 to 2025 owing to increasing cultivation and consumption of chicory as an alternative to coffee. Growing popularity of chicory as a natural appetizer is anticipated to further fuel the regional growth. Further key findings from the report suggest: • Chicory root is expected to witness a CAGR of 4.5% over the forecast period, owing to increasing awareness regarding the health benefit of the roots • U.S. is one of the largest consumers of the product and accounted for more than 85% share of the North America chicory market in 2018 • India, Thailand, China, Japan, and Australia are the key markets for chicory in the Asia Pacific region • Belgium, France, and Netherlands held more than 60% share of the Europe market for chicory in 2018
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Chicory Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Chicory Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Type Adoption
4.4. Observations & Recommendations
Chapter 5. Chicory Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2018 & 2025
5.2. Chicory Root
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Chicory Leaf
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Chicory Market: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2018 & 2025
6.2. Food & Beverages
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. Dietary Supplement
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.4. Others
6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Chicory Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2018 & 2025
7.2. North America
7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.2.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3.4. Belgium
7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.3.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3.5. Netherlands
7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.3.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3.6. France
7.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.3.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.4.4. Thailand
7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.4.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.5. Rest of the World
7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
9.1. Cargill, Incorporated.
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Type Benchmarking
9.1.4. Strategic Initiatives
9.2. Delecto Foods Pvt Ltd.
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Type Benchmarking
9.2.4. Strategic Initiatives
9.3. Starwest Botanicals
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Type Benchmarking
9.3.4. Strategic Initiatives
9.4. Leroux
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Type Benchmarking
9.4.4. Strategic Initiatives
9.5. Pioneer Chicory
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Type Benchmarking
9.5.4. Strategic Initiatives
9.6. Nature's Gold Production
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Type Benchmarking
9.6.4. Strategic Initiatives
9.7. Organic Herb Trading Co.
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Type Benchmarking
9.7.4. Strategic Initiatives
9.8. Jamnagar Chicory Industries.
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Type Benchmarking
9.8.4. Strategic Initiatives
9.9. STOKROS company Ltd.
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Type Benchmarking
9.9.4. Strategic Initiatives
9.10. FARMVILLA
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Type Benchmarking
9.10.4. Strategic Initiatives
List of Tables 1. Chicory - Key market driver analysis 2. Chicory - Key market restraint analysis 3. Global chicory root market estimates and forecast, 2015 - 2025 (USD Million) 4. Global chicory leaf market estimates and forecast, 2015 - 2025 (USD Million) 5. Global chicory market estimates and forecast for food & beverages, 2015 - 2025 (USD Million) 6. Global chicory market estimates and forecast for dietary supplement, 2015 - 2025 (USD Million) 7. Global chicory market estimates and forecast for others, 2015 - 2025 (USD Million) 8. North America chicory market estimates and forecast, 2015 - 2025 (USD Million) 9. North America chicory market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 10. North America chicory market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 11. U.S. chicory market estimates and forecast, 2015 - 2025 (USD Million) 12. U.S. chicory market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 13. U.S. chicory market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 14. Europe chicory market estimates and forecast, 2015 - 2025 (USD Million) 15. Europe chicory market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 16. Europe chicory market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 17. Belgium chicory market estimates and forecast, 2015 - 2025 (USD Million) 18. Belgium chicory market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 19. Belgium chicory market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 20. Netherlands chicory market estimates and forecast, 2015 - 2025 (USD Million) 21. Netherlands chicory market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 22. Netherlands chicory market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 23. France chicory market estimates and forecast, 2015 - 2025 (USD Million) 24. France chicory market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 25. France chicory market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 26. Asia Pacific chicory market estimates and forecast, 2015 - 2025 (USD Million) 27. Asia Pacific chicory market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 28. Asia Pacific chicory market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 29. Thailand chicory market estimates and forecast, 2015 - 2025 (USD Million) 30. Thailand chicory market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 31. Thailand chicory market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 32. Rest of the World chicory market estimates and forecast, 2015 - 2025 (USD Million) 33. Rest of the World chicory market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 34. Rest of the World chicory market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 35. Vendor landscape
List of Figures 1. Chicory market snapshot 2. Chicory market segmentation & scope 3. Chicory market penetration & growth prospect mapping 4. Chicory value chain analysis 5. Chicory market dynamics 6. Chicory market: Porter's analysis 7. Chicory market: Product movement analysis 8. Chicory market: Application movement analysis 9. Chicory market: Regional movement analysis
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