Chicory Market Growth, Opportunities and Forecast to 2032

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The global chicory market size was USD 1.9 Billion in 2022 and is expected to reach USD 3.8 Billion in 2032, and register a revenue CAGR of 4.5 % during the forecast period.

The report published on global  Chicory Market is an extensive analysis of the market with a panoramic overview of the industry with regards to market size, market share, revenue growth, opportunities, drivers, restraints. The Chicory Market offers precise market scenario crucial real-time information about the developments and advancements in the market to help readers, stakeholders, and investors capitalize on the emerging opportunities. In addition, regional analysis and competitive landscape are covered in the report to offer clear picture of the market growth. Development policies and plans along with manufacturing processes and costs structures are covered in the report.

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With the growing trend of employing natural and healthy ingredients in culinary items, Chicory demand in the food and beverage sector has been rising. Several culinary and beverage products, such as baked goods, Dairy Products, and beverages, employ Chicory as a natural sweetener and flavoring agent. The Chicory market revenue growth is being driven by rising demand for natural and nutritious food products.

Also, the market revenue growth is due to the growing awareness of Chicory's health benefits. Chicory is renowned for its many health advantages, including enhancing immunity, calming inflammation, and enhancing digestion. The demand for Chicory should rise as people grow more health conscious.

Top Leading Players in Chicory Market:

  • Cosucra-Groupe Warcoing SA
  • Beneo-Orafti SA
  • Leroux
  • Sensus
  • Kraft Heinz Ingredients
  • Steenbergs Organic
  • Chicobel
  • Chicory Limited

Chicory Market Segmentation:

By Product Type Outlook

 

  • Chicory
  • Raw
  • Chicory

By End-Use Outlook

 

  • Food and Beverage
  • Dietary Supplements
  • Cosmetics

Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)

Europe (Italy, U.K., Germany, France, Rest of Europe)

Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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