AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Chicory Extract market - Global outlook to 2024". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Chicory Extract market.
The Nature Type, such as Organic, is boosting the Chicory Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to AMA research team, the Global Chicory Extract market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Disposable Income and Rising Preference for Eating Healthy, Increasing Food Court and Specialty Stores in Malls which Contain Chicory Extract Products and Increased Dietary Fiber Intake, and Maintain Healthy Weight. †
Chicory Extract, are mainly extracted from roasted chicory root, that is mainly in the form of powder and is produced by chicory plant, which is a member of the dandelion family. These extracts are used as a substitute for coffee, food additive and also in the extraction of inulin. The extraction process is completed by drying the root of chicory under the sun or hot air oven. These ground roots are then mixed with an accurate amount of water and the unsolvable materials are separated through filtration as well as centrifugal action. Chicory Extract is used for various purpose such as stiff joints, rheumatism, upset stomach, gout, blood purifying, etc. Awareness regarding healthy products prepared by chicory plants is driving the market for chicory extract.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Chicory Extract market by Type (Powder Extract and Liquid Extract), by Application (Food and Beverages, Dietary Supplements, Pharmaceuticals and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market