The global demand for Asparagus Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Asparagus, with the folk name sparrow grass, is a perennial flowering plant species whose young shoots are used as a spring vegetable. It is low in calorie content and is an excellent source of nutrients, including fiber, folate, and vitamins A, C, and K. There are several potential health benefits, including weight loss, improved digestion, healthy pregnancy outcomes, and lower blood pressure. It often originates in maritime habitats, and there are many different breeds. It is consumed in raw form, stir-fried, added to soups & stews, or pickled. Eating asparagus can cause a potent and disagreeable smell in the urine.
The growing awareness regarding the various health benefits of asparagus is the main factor expected to propel the asparagus market. The ever increasing use of asparagus in food due to its distinct flavor, as medicine for diuretics, and as an aphrodisiac will benefit market growth. The rising number of organically farmed asparagus launches and year-round availability will offer immense growth opportunities to this market. The availability of brine and pickled asparagus in cans, bottles, or glass jars will expand this market reach. The main barriers affecting this market are lack of awareness and direct marketing of the product at low prices by the farmers' community.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of asparagus.
The entire asparagus market has been sub-categorized into color, product type, end-use and distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
By Distribution Channel
- Food and Beverages
- Supermarket and Hypermarkets
- Department Stores
- Online Stores
This section covers regional segmentation which accentuates on current and future demand for asparagus market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Asparagus Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the asparagus market include DanPer Trujillo S.A.C., Altar Produce LLC, Limgroup B.V., Cutter Asparagus Seed, Teboza B.V., Mazzoni S.p.A., Spargelhof Elsholz, Walker Brothers, Inc. (Walker Plant), California Asparagus Seed and Transplants, Inc., ILIOS –The Greek Asparagus Company. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.