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The regions analyzed for the market include Europe, South America, Asia Pacific, North America, the Middle East, and Africa. The Asia Pacific emerged as the largest global chicory market, with a 39.47% share of the market revenue in 2022. The Asia Pacific dominates the chicory market due to consumers' increasing preference for healthy food supplements. Additionally, the high inclination of Asian customers towards natural & herbal products and remedies for treating ailments is also helping to boost the market growth. Furthermore, the rising popularity of probiotic products among individuals, the increasing number of new entrants, the growing number of retail outlets, and the large customer base are stimulating market growth in this region. Europe is expected to grow the fastest during the forecast period due to increasing production and rising awareness about the product's health benefits. Also, the raised demand for clean-label foods, the growing popularity of plant-based foods, and the large quantity production & consumption of chicory across the region are helping to boost the market growth during the forecast period.
Asia-Pacific Region Chicory Market Share in 2022 - 39.47%
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The form segment is divided into liquid, cubes, powder, and others. The powder segment dominated, with a market share of around 32.16% in 2022. This growth is attributed to various application industries, such as food and beverages. Also, the other forms have comparatively limited usage and are offered by very few participants in the market.
The type segment is divided into flour, roasted, instant powder, extracts, and others. In 2022, the instant powder segment dominated the market with the largest market share of 28.18% and market revenue of 208.42 million. This growth is attributed to the widespread acceptability and availability of instant powder across the globe. Further, by 2030, the roasted segment will likely dominate the market due to the increasing demand for tea & coffee worldwide. Moreover, roasted chicory is a coffee substitute made from the roasted and ground roots of multiple plants, including dandelion. Roasted chicory is a good source of caffeine. It reduces the risk of gallstones, respiratory problems, heart diseases, and rheumatism. Roasted chicory has a highly bitter flavour that some people find pleasant sufficiently to drink without cream or sugar. Roasted chicory is roasted, and ground B. Capra or B. tunica root includes no caffeine, making it different from other caffeinated products like coffee beans.
The plant-part segment is divided into root, leaf, and others. In 2022, the root segment dominated the market with the largest market share of 43.09% and market revenue of 318.69 million. This growth is attributed to the raised demand for chicory root fibre in the food and beverage industry. Further, chicory root fibre is derived from a plant that belongs to the dandelion family and is mainly composed of inulin. Chicory root has been utilized for centuries for culinary & medicinal purposes and is considered safe for most people. Chicory root is a high-fibre, low-calorie food that is also low in fat. Chicory root also includes vitamin B6 & manganese, which both play a role in brain health.
The application segment is divided into dietary supplements, food & beverages, cosmetics & personal care, and feed & pet food. In 2022, the food & beverage segment dominated the market, accounting for around 34.12% of global revenue. This growth is attributed to the increased use of chicory extract as a prebiotic ingredient in dairy-based products. Further, by 2030, the dietary supplements segment will likely dominate the market due to the ever-increasing consumption of chicory daily as a prevention against diseases.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Form
4.3.2. Market Attractiveness Analysis By Type
4.3.3. Market Attractiveness Analysis By Plant-Part
4.3.4. Market Attractiveness Analysis By Application
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing usage of chicory in various industries
5.2.2. The rising demand for natural ingredients and products
5.2.3. The growing demand for sugar alternatives
5.2.4. The increasing demand for chicory inulin
5.3. Restraints
5.3.1. The lack of consumer awareness
5.3.2. The health risks associated with excessive consumption of chicory
5.4. Opportunities
5.4.1. The technological advancements and developments of improved systems
5.4.2. The growth in applications of chicory across various industries
6. Global Chicory Market Analysis and Forecast, By Form
6.1. Segment Overview
6.2. Liquid
6.3. Cubes
6.4. Powder
6.5. Others
7. Global Chicory Market Analysis and Forecast, By Type
7.1. Segment Overview
7.2. Flour
7.3. Roasted
7.4. Instant Powder
7.5. Extracts
7.6. Others
8. Global Chicory Market Analysis and Forecast, By Plant-Part
8.1. Segment Overview
8.2. Root
8.3. Leaf
8.4. Others
9. Global Chicory Market Analysis and Forecast, By Application
9.1. Segment Overview
9.2. Dietary Supplements
9.3. Food & Beverages
9.4. Cosmetics & Personal Care
9.5. Feed & Pet Food
10. Global Chicory Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Chicory Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Chicory Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Wilmar Delecto Foods Pvt Ltd
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Cargill Incorporated
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Pioneer Chicory
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Starwest Botanicals
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Leroux
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Organic Herb Trading Co.
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Nature’s Gold Production
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Jamnagar Chicory Industries
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. STOKROS Company Ltd
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. FARMVILLE
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
List of Table
1. Global Chicory Market, By Form, 2019-2030 (USD Million)
2. Global Liquid, Chicory Market, By Region, 2019-2030 (USD Million)
3. Global Cubes, Chicory Market, By Region, 2019-2030 (USD Million)
4. Global Powder, Chicory Market, By Region, 2019-2030 (USD Million)
5. Global Others, Chicory Market, By Region, 2019-2030 (USD Million)
6. Global Chicory Market, By Type, 2019-2030 (USD Million)
7. Global Flour, Chicory Market, By Region, 2019-2030 (USD Million)
8. Global Roasted, Chicory Market, By Region, 2019-2030 (USD Million)
9. Global Instant Powder, Chicory Market, By Region, 2019-2030 (USD Million)
10. Global Extracts, Chicory Market, By Region, 2019-2030 (USD Million)
11. Global Others, Chicory Market, By Region, 2019-2030 (USD Million)
12. Global Chicory Market, By Plant-Part, 2019-2030 (USD Million)
13. Global Root, Chicory Market, By Region, 2019-2030 (USD Million)
14. Global Leaf, Chicory Market, By Region, 2019-2030 (USD Million)
15. Global Others, Chicory Market, By Region, 2019-2030 (USD Million)
16. Global Chicory Market, By Application, 2019-2030 (USD Million)
17. Global Dietary Supplements, Chicory Market, By Region, 2019-2030 (USD Million)
18. Global Food & Beverage, Chicory Market, By Region, 2019-2030 (USD Million)
19. Global Cosmetics & Personal Care, Chicory Market, By Region, 2019-2030 (USD Million)
20. Global Feed & Pet Food, Chicory Market, By Region, 2019-2030 (USD Million)
21. North America Chicory Market, By Form, 2019-2030 (USD Million)
22. North America Chicory Market, By Type, 2019-2030 (USD Million)
23. North America Chicory Market, By Plant-Part, 2019-2030 (USD Million)
24. North America Chicory Market, By Application, 2019-2030 (USD Million)
25. U.S. Chicory Market, By Form, 2019-2030 (USD Million)
26. U.S. Chicory Market, By Type, 2019-2030 (USD Million)
27. U.S. Chicory Market, By Plant-Part, 2019-2030 (USD Million)
28. U.S. Chicory Market, By Application, 2019-2030 (USD Million)
29. Canada Chicory Market, By Form, 2019-2030 (USD Million)
30. Canada Chicory Market, By Type, 2019-2030 (USD Million)
31. Canada Chicory Market, By Plant-Part, 2019-2030 (USD Million)
32. Canada Chicory Market, By Application, 2019-2030 (USD Million)
33. Mexico Chicory Market, By Form, 2019-2030 (USD Million)
34. Mexico Chicory Market, By Type, 2019-2030 (USD Million)
35. Mexico Chicory Market, By Plant-Part, 2019-2030 (USD Million)
36. Mexico Chicory Market, By Application, 2019-2030 (USD Million)
37. Europe Chicory Market, By Form, 2019-2030 (USD Million)
38. Europe Chicory Market, By Type, 2019-2030 (USD Million)
39. Europe Chicory Market, By Plant-Part, 2019-2030 (USD Million)
40. Europe Chicory Market, By Application, 2019-2030 (USD Million)
41. Germany Chicory Market, By Form, 2019-2030 (USD Million)
42. Germany Chicory Market, By Type, 2019-2030 (USD Million)
43. Germany Chicory Market, By Plant-Part, 2019-2030 (USD Million)
44. Germany Chicory Market, By Application, 2019-2030 (USD Million)
45. France Chicory Market, By Form, 2019-2030 (USD Million)
46. France Chicory Market, By Type, 2019-2030 (USD Million)
47. France Chicory Market, By Plant-Part, 2019-2030 (USD Million)
48. France Chicory Market, By Application, 2019-2030 (USD Million)
49. U.K. Chicory Market, By Form, 2019-2030 (USD Million)
50. U.K. Chicory Market, By Type, 2019-2030 (USD Million)
51. U.K. Chicory Market, By Plant-Part, 2019-2030 (USD Million)
52. U.K. Chicory Market, By Application, 2019-2030 (USD Million)
53. Italy Chicory Market, By Form, 2019-2030 (USD Million)
54. Italy Chicory Market, By Type, 2019-2030 (USD Million)
55. Italy Chicory Market, By Plant-Part, 2019-2030 (USD Million)
56. Italy Chicory Market, By Application, 2019-2030 (USD Million)
57. Spain Chicory Market, By Form, 2019-2030 (USD Million)
58. Spain Chicory Market, By Type, 2019-2030 (USD Million)
59. Spain Chicory Market, By Plant-Part, 2019-2030 (USD Million)
60. Spain Chicory Market, By Application, 2019-2030 (USD Million)
61. Asia Pacific Chicory Market, By Form, 2019-2030 (USD Million)
62. Asia Pacific Chicory Market, By Type, 2019-2030 (USD Million)
63. Asia Pacific Chicory Market, By Plant-Part, 2019-2030 (USD Million)
64. Asia Pacific Chicory Market, By Application, 2019-2030 (USD Million)
65. Japan Chicory Market, By Form, 2019-2030 (USD Million)
66. Japan Chicory Market, By Type, 2019-2030 (USD Million)
67. Japan Chicory Market, By Plant-Part, 2019-2030 (USD Million)
68. Japan Chicory Market, By Application, 2019-2030 (USD Million)
69. China Chicory Market, By Form, 2019-2030 (USD Million)
70. China Chicory Market, By Type, 2019-2030 (USD Million)
71. China Chicory Market, By Plant-Part, 2019-2030 (USD Million)
72. China Chicory Market, By Application, 2019-2030 (USD Million)
73. India Chicory Market, By Form, 2019-2030 (USD Million)
74. India Chicory Market, By Type, 2019-2030 (USD Million)
75. India Chicory Market, By Plant-Part, 2019-2030 (USD Million)
76. India Chicory Market, By Application, 2019-2030 (USD Million)
77. South America Chicory Market, By Form, 2019-2030 (USD Million)
78. South America Chicory Market, By Type, 2019-2030 (USD Million)
79. South America Chicory Market, By Plant-Part, 2019-2030 (USD Million)
80. South America Chicory Market, By Application, 2019-2030 (USD Million)
81. Brazil Chicory Market, By Form, 2019-2030 (USD Million)
82. Brazil Chicory Market, By Type, 2019-2030 (USD Million)
83. Brazil Chicory Market, By Plant-Part, 2019-2030 (USD Million)
84. Brazil Chicory Market, By Application, 2019-2030 (USD Million)
85. Middle East and Africa Chicory Market, By Form, 2019-2030 (USD Million)
86. Middle East and Africa Chicory Market, By Type, 2019-2030 (USD Million)
87. Middle East and Africa Chicory Market, By Plant-Part, 2019-2030 (USD Million)
88. Middle East and Africa Chicory Market, By Application, 2019-2030 (USD Million)
89. UAE Chicory Market, By Form, 2019-2030 (USD Million)
90. UAE Chicory Market, By Type, 2019-2030 (USD Million)
91. UAE Chicory Market, By Plant-Part, 2019-2030 (USD Million)
92. UAE Chicory Market, By Application, 2019-2030 (USD Million)
93. South Africa Chicory Market, By Form, 2019-2030 (USD Million)
94. South Africa Chicory Market, By Type, 2019-2030 (USD Million)
95. South Africa Chicory Market, By Plant-Part, 2019-2030 (USD Million)
96. South Africa Chicory Market, By Application, 2019-2030 (USD Million)
List of Figures
1. Global Chicory Market Segmentation
2. Global Chicory Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Chicory Market Attractiveness Analysis By Form
9. Global Chicory Market Attractiveness Analysis By Type
10. Global Chicory Market Attractiveness Analysis By Plant-Part
11. Global Chicory Market Attractiveness Analysis By Application
12. Global Chicory Market Attractiveness Analysis By Region
13. Global Chicory Market: Dynamics
14. Global Chicory Market Share By Form (2022 & 2030)
15. Global Chicory Market Share By Type (2022 & 2030)
16. Global Chicory Market Share By Plant-Part (2022 & 2030)
17. Global Chicory Market Share By Application (2022 & 2030)
18. Global Chicory Market Share By Regions (2022 & 2030)
19. Global Chicory Market Share By Company (2021)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global chicory based on below mentioned segments:
Global Chicory Market by Form:
Global Chicory Market by Type:
Global Chicory Market by Plant-Part:
Global Chicory Market by Application:
Global Chicory by Region:
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