The global demand for Chicory Roots Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Units in 2021 and forecast to touch XX Units by 2028 with a CAGR of XX% during 2022-2028.
Chicory roots are known for being a good source of fiber, primarily inulin, a fiber often referred to as chicory root fiber. Chicory root fiber helps lower the calorie content of the meal. Chicory roots treat various problems, like liver disorders, gallbladder disorders, cancer, skin irritation, constipation, upset stomach, and loss of appetite.
The growing health awareness, changing lifestyle, and changing preferences are the driving factor for the market growth of Chicory Roots. The rising demand for chicory root in the food and beverage industry, owing to its advantages like less sugar intake, enhanced taste, and texture, is boosting the chicory root market. Furthermore, numerous manufacturing industries invest in technological development for more efficient and low-cost production. Additionally, countless end-use industries are interested in investing extensively in chicory root. However, some side effects of consuming these roots through any medium and scarcity of raw materials may challenge the chicory roots market growth.
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 an inclusive assessment of each segment in the global market of chicory roots. The growth and trends of Chicory Roots Industry provide a holistic approach to this study.
This section of the chicory roots market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
By End-Use Industry
- Food & Beverages
- Dietary Supplements
- Pharmaceutical Industry
This section covers the regional outlook, which accentuates current and future demand for the Chicory Roots market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Chicory Roots Market Share by Region (Representative Graph)
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 chicory roots market include Cargil Incorporated, BENEO, Shaanxi Sciphar Natural Product Co Ltd, Jarrow Formulas, Strawest Botanicals, Delecto Food Private Limited, COSUCRA, Reily Food Company, STOKROS Company Ltd, Natures Gold, Organic Herb Trading, Herb & Crops Overseas. This section consists of 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.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.