Regional Insights into the Chicory Market: Growth Hotspots in North America, Europe, and Asia-Pacific

The global chicory market size was USD 739.6 million in 2022 and is expected to register a rapid revenue CAGR of 6.5% during the forecast period. Increasing need for chicory as a coffee alternative, rising demand for chicory in the nutraceutical and pharmaceutical industries, and technological advancements in the extraction and processing of high-purity chicory extracts are key factors driving market revenue growth.

The research report on the Chicory market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Chicory business sphere.

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Competitive Terrain:

The global Chicory industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

COSUCRA, Delecto Foods Pvt Ltd., BENEO, Sensus, Leroux, Cargill, Incorporated, REILY FOODS COMPANY, Pioneer Chicory, PMV Nutrient Pvt. Ltd, FARMVILLA FOOD INDUSTRIES PVT. LTD, Murlikrishna Foods Pvt Ltd, Starwest Botanicals, STOKROS company Ltd, Natures Gold, Organic Herb Trading, Narasu's Coffee Company, NP Nutra, Jamnagar Chicory Industries, Shaanxi Sciphar Natural Products Co., Ltd., and HC GROUP OF COMPANIES

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Additional information offered by the report:

Along with a complete overview of the global Chicory market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Chicory market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.

Segments Covered in this report are:

Type Outlook (Revenue, USD Million; 2019-2032)
- Chicory Instant Powder
- Roasted Chicory
- Chicory Inulin
- Chicory Flour
- Others

Plant-part Outlook (Revenue, USD Million; 2019-2032)
- Root
- Leaf
- Other Parts

Distribution Channel Outlook (Revenue, USD Million; 2019-2032)
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Retailers

Radical Highlights of the Chicory Market Report:

Comprehensive overview of the Chicory market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and RD advancements on the Chicory market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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