Chicory is a perennial herbaceous plant from the dandelion family. The roots of this plants are grounded, and roasted. These are then used as substitutes of coffee beans. Roasted chicory is although woody and nutty in flavoring because of the woody nature of the chicory plant. Roasted Chicory has high nutritional aspects and enhanced digestive minerals. The chicory coffee is also said to lower the body sugar and has rich antioxidant properties. It is available in leaf, granules and powder format with granules format being the most popular. North America is expected to emerge as the biggest market of the roasted chicory.
AMA Research have segmented the market of Global Roasted Chicory market by Type, Application and Region.
On the basis of geography, the market of Roasted Chicory has been segmented into 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).
Granules Account for Largest Market Share
Rising Demand for Natural Ingredients and Products and Increasing Consciousness to Increase Immunity using Plant Based Diet
E-Commerce Platforms will Provide Better Market Opportunities to Expand the Customer Base
- Less Awareness about the Product and its Potential Benefits
In addition to the aforementioned factor, Rising Demand for Natural Ingredients and Products
is expected to propel the growth of the market over the forecast period.
Emergence of customer tendency to opt for natural plant based ingredients and products has led to the growing demand for chicory. Roasted chicory being similar in taste to that of coffee although offering better nutritional characteristics is rising in popularity. Geographically, North America is currently the largest market of the roasted chicory.
The key Vendors profiled in the study are Cargill Inc. (United States), PMV Nutrient Products Pvt Ltd. (India), Farmvilla Food Industries Pvt. Ltd. (India), Shaanxi Sciphar Natural Products Co., Ltd. (China), Beneo (Germany), Delecto Foods Pvt Ltd. (India), Cosucra (Belgium), Jarrow Formulas, Inc. (United States), Prewett's Health Foods Ltd. (United Kingdom) and Starwest Botanicals Inc. (United States).
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Roasted Chicory Market?
The Roasted Chicory market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Roasted Chicory Market?
Top performing companies in the Global Roasted Chicory market are Cargill Inc. (United States), PMV Nutrient Products Pvt Ltd. (India), Farmvilla Food Industries Pvt. Ltd. (India), Shaanxi Sciphar Natural Products Co., Ltd. (China), Beneo (Germany), Delecto Foods Pvt Ltd. (India), Cosucra (Belgium), Jarrow Formulas, Inc. (United States), Prewett's Health Foods Ltd. (United Kingdom) and Starwest Botanicals Inc. (United States), to name a few.
3. Which segment type would dominate the Roasted Chicory Market in 2020?
is dominating segment of Roasted Chicory Market in 2020.