Chicory Market by Product Type (Extracts, Roasted, Instant Powder, Flour), Form (Powder, Cubes, Liquid), Plant Part, Application (Food & Beverage, Dietary Supplement, Feed & Pet food, Cosmetics & Personal Care), and Region - Global Forecast to 2025
According to MarketsandMarkets, the chicory market is estimated to be valued at USD 685 million in 2020 and is projected to reach USD 905 million by 2025, recording a CAGR of 5.7%, in terms of value. Factors such as the rising costs of coffee beans, increasing consumption of organic foods and beverages, and growing number of applications of chicory are projected to drive the growth of the chicory industry during the forecast period. However, the growth of the chicory market is inhibited by factors, such as health risks associated with heavy consumption of chicory. In addition, higher technical expertise required for producing certain chicory-based products along with limited consumer awareness, inhibits the growth of this market.
“By type, the instant powder segment is projected to grow at the highest CAGR during the forecast period.”
Owing to the functional benefits and availability of instant powder have led to an increase in demand for it. Also, it’s largely consumed across B2B as well as B2C segments as well. Moreover, demand for caffeine-free ready-to-drink beverages to boost the demand for instant powder. In its instant form, chicory is ideal for all types of drinks and a wide range of desserts. Its slightly caramelized taste gives them deep flavors with a hint of bitterness. Majority of the players prevailing in the chicory market, offer the instant powder type of chicory, and hence, it is expected to grow at a substantial rate, in the coming years.
“By form, the powder form is estimated to account for the fastest growth rate.”
The powdered form of chicory is the most widely known chicory product in the market. In powder form, roasted chicory can be consumed by itself or easily mixed with coffee, enhancing various flavors, adding a touch of sweetness, and reducing the caffeine content of an array of beverages. Most chicory manufacturing and processing companies across the world mainly produce and market roasted chicory powder. The demand for powder chicory is high because most coffee manufacturing companies mix chicory powder with coffee so as to enhance its taste and aroma. This is also an effective way for coffee manufacturers to protect margins. Hence, all of this results in exhibiting high growth potential for the powder form of chicory, during the forecast period.
“By plant-part, the root segment is projected to grow at the highest CAGR during the forecast period.”
Chicory roots are also being used widely in pet foods and feed, as chicory is highly digestible for ruminants and has a low fiber concentration. Chicory roots are a substitute for oats for horses due to their protein and fat content. Apart from these applications, the chicory roots are widely demanded by the food & beverage manufacturing companies. All these reasons are causing the demand for chicory roots to rise, and hence, in many countries, the cultivation of chicory roots is witnessing an increase. Thus, the market is projected to witness a positive outlook in the coming years.
“By application, the food & beverage segment is expected to record the highest CAGR during the forecast period.”
Chicory finds its most important and wide application in the food & beverage industry. Furthermore, chicory is generally considered to be healthy because of its high inulin content, and thereby is demanded by most of the food & beverage companies. The flowers and leaves may be used in salads and flavored vinegar. Apart from that, chicory flour extracted at the very initial stage of processing, is used as filler and flavor enhancer in many bakery products, such as breads, cookies, and cakes. Thus, the food & beverage application of chicory are witnessing an increase, in turn driving the growth.
“The Asia Pacific region is projected to grow at the highest CAGR during the forecast period”
The market for chicory is still in the nascent stage in the region, particularly in countries, such as India, Japan, and other developing countries, in the region. This is attributed to the countries in the region with a dense population, of which a majority of the population is either unaware of such health benefitting ingredients or have limited spending power for premium organic and all-natural food products. However, people are becoming aware of the association of high risks of chronic diseases with unhealthy dietary lifestyles and the lack of essential nutrients in the body. Number of key players are also expanding and investing in the region. Thus, all these factors are projected to drive the major market growth in the coming few years.
Break-up of Primaries
This report segments the chicory market on the basis of type, form, plant-part, application, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the chicory market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
“By type, the instant powder segment is projected to grow at the highest CAGR during the forecast period.”
Owing to the functional benefits and availability of instant powder have led to an increase in demand for it. Also, it’s largely consumed across B2B as well as B2C segments as well. Moreover, demand for caffeine-free ready-to-drink beverages to boost the demand for instant powder. In its instant form, chicory is ideal for all types of drinks and a wide range of desserts. Its slightly caramelized taste gives them deep flavors with a hint of bitterness. Majority of the players prevailing in the chicory market, offer the instant powder type of chicory, and hence, it is expected to grow at a substantial rate, in the coming years.
“By form, the powder form is estimated to account for the fastest growth rate.”
The powdered form of chicory is the most widely known chicory product in the market. In powder form, roasted chicory can be consumed by itself or easily mixed with coffee, enhancing various flavors, adding a touch of sweetness, and reducing the caffeine content of an array of beverages. Most chicory manufacturing and processing companies across the world mainly produce and market roasted chicory powder. The demand for powder chicory is high because most coffee manufacturing companies mix chicory powder with coffee so as to enhance its taste and aroma. This is also an effective way for coffee manufacturers to protect margins. Hence, all of this results in exhibiting high growth potential for the powder form of chicory, during the forecast period.
“By plant-part, the root segment is projected to grow at the highest CAGR during the forecast period.”
Chicory roots are also being used widely in pet foods and feed, as chicory is highly digestible for ruminants and has a low fiber concentration. Chicory roots are a substitute for oats for horses due to their protein and fat content. Apart from these applications, the chicory roots are widely demanded by the food & beverage manufacturing companies. All these reasons are causing the demand for chicory roots to rise, and hence, in many countries, the cultivation of chicory roots is witnessing an increase. Thus, the market is projected to witness a positive outlook in the coming years.
“By application, the food & beverage segment is expected to record the highest CAGR during the forecast period.”
Chicory finds its most important and wide application in the food & beverage industry. Furthermore, chicory is generally considered to be healthy because of its high inulin content, and thereby is demanded by most of the food & beverage companies. The flowers and leaves may be used in salads and flavored vinegar. Apart from that, chicory flour extracted at the very initial stage of processing, is used as filler and flavor enhancer in many bakery products, such as breads, cookies, and cakes. Thus, the food & beverage application of chicory are witnessing an increase, in turn driving the growth.
“The Asia Pacific region is projected to grow at the highest CAGR during the forecast period”
The market for chicory is still in the nascent stage in the region, particularly in countries, such as India, Japan, and other developing countries, in the region. This is attributed to the countries in the region with a dense population, of which a majority of the population is either unaware of such health benefitting ingredients or have limited spending power for premium organic and all-natural food products. However, people are becoming aware of the association of high risks of chronic diseases with unhealthy dietary lifestyles and the lack of essential nutrients in the body. Number of key players are also expanding and investing in the region. Thus, all these factors are projected to drive the major market growth in the coming few years.
Break-up of Primaries
- By Value Chain: Manufacturers– 85% and Suppliers– 15%
- By Designation: CXO’s- 33.7%, Managers– 44.0%, and Executives– 22.3%
- By Region: North America- 60%, Europe - 18%, Asia Pacific - 10%, South America - 8%, and Middle East & Africa - 4%
- Cosucra Groupe Warcoing (Belgium),
- Delecto Foods Pvt Ltd (India),
- BENEO GmbH (Germany),
- Sensus (Netherlands),
- Leroux (France),
- Cargill Incorporated (US),
- Reily Foods Company (US)
- Pioneer Chicory (India),
- PMV Nutrient Products Pvt Ltd (India),
- Farmvilla Food Industries Pvt Ltd (India),
- Murlikrishna Foods Pvt Ltd (India),
- Starwest Botanicals (US),
- STOKROS Company Ltd (Russia),
- Nature’s Gold Production (Netherlands),
- Organic Herb Trading Co (UK),
- Narasu’s Coffee Company (India),
- NP Nutra (US),
- Shaanxi Sciphar Natural Product Co Ltd. (China),
- Jamnagar Chicory Industries (India), and
- Herbs & Crops Overseas (India)
This report segments the chicory market on the basis of type, form, plant-part, application, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the chicory market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
- To get a comprehensive overview of the chicory market
- To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
- To gain insights about the major countries/regions, in which the chicory market is flourishing
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKET SEGMENTATION
1.4 REGIONS COVERED
1.5 PERIODIZATION CONSIDERED
1.6 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2016–2020
1.7 VOLUME UNIT CONSIDERED
1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 CHICORY MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key Data from Secondary Sources
2.1.2 PRIMARY DATA
2.1.2.1 Key Data from Secondary Sources
2.1.2.2 Breakdown of Primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 CHICORY MARKET SIZE ESTIMATION: METHOD 1
2.2.2 CHICORY MARKET SIZE ESTIMATION: METHOD 2
2.2.3 CHICORY MARKET SIZE ESTIMATION NOTES
2.3 DATA TRIANGULATION
FIGURE 3 DATA TRIANGULATION METHODOLOGY
2.4 ASSUMPTIONS FOR THE STUDY
2.5 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
TABLE 2 CHICORY MARKET SNAPSHOT, 2020 VS. 2025
FIGURE 4 CHICORY MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 5 CHICORY MARKET SIZE, BY FORM, 2020 VS. 2025 (USD MILLION)
FIGURE 6 CHICORY MARKET SIZE, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
FIGURE 7 CHICORY MARKET SIZE, BY PLANT PART, 2020 VS. 2025 (USD MILLION)
FIGURE 8 CHICORY MARKET SHARE (VALUE), BY REGION, 2019
4 PREMIUM INSIGHTS
4.1 BRIEF OVERVIEW OF THE CHICORY MARKET
FIGURE 9 CHICORY: AN EMERGING MARKET WITH IMMENSE GROWTH POTENTIAL
4.2 CHICORY MARKET, BY REGION
FIGURE 10 ASIA PACIFIC TO GROW AT THE HIGHEST RATE IN THE CHICORY MARKET FROM 2020 TO 2025
4.3 CHICORY MARKET, BY TYPE
FIGURE 11 INSTANT POWDER TO DOMINATE THE MARKET IN 2020
4.4 CHICORY MARKET, BY FORM
FIGURE 12 POWDER TO DOMINATE THE MARKET AMONG FORMS FROM 2020 TO 2025
4.5 CHICORY MARKET, BY PLANT PART
FIGURE 13 THE ROOT SEGMENT TO DOMINATE THE MARKET FROM 2020 TO 2025
4.6 CHICORY MARKET, BY APPLICATION
FIGURE 14 THE FOOD & BEVERAGE SEGMENT TO DOMINATE THE MARKET FROM
2020 TO 2025
4.7 EUROPE: CHICORY MARKET, BY TYPE & COUNTRY
FIGURE 15 THE INSTANT POWDER SEGMENT, BY TYPE, ACCOUNTED FOR THE LARGEST SHARE IN THE EUROPEAN CHICORY MARKET IN 2019
4.8 CHICORY MARKET, BY KEY COUNTRIES
FIGURE 16 THE US OCCUPIED A MAJOR SHARE IN THE GLOBAL MARKET IN 2019
5 MARKET OVERVIEW
5.1 INTRODUCTION
FIGURE 17 CHICORY PROCESSING TO OBTAIN INSTANT CHICORY AND INULIN:
PROCESS FLOW DIAGRAM
5.2 MARKET DYNAMICS
FIGURE 18 MARKET DYNAMICS: CHICORY MARKET
5.2.1 DRIVERS
5.2.1.1 Rise in concern regarding negative effects due to high intake of caffeine
5.2.1.2 Preference for chicory as a cheaper substitute for coffee
5.2.1.3 High medicinal values and health benefits associated with the consumption of chicory
5.2.1.4 Easy cultivation process of the chicory crop
5.2.1.5 Recent government regulations upholding the dietary fiber status for chicory roots
TABLE 3 TOP TEN COUNTRIES EXPORTING CHICORY, 2018 (MT & USD MILLION)
5.2.2 RESTRAINTS
5.2.2.1 High dependency on mainstream products such as coffee
5.2.2.2 Health risks associated with heavy consumption of chicory
5.2.3 OPPORTUNITIES
5.2.3.1 Rise in demand for chicory and chicory-based products across several emerging markets
5.2.3.2 Growth in applications of chicory across various industries
5.2.4 CHALLENGES
5.2.4.1 Higher technical expertise required for producing certain chicory-based products
5.2.4.2 Limited consumer awareness about chicory products
5.2.5 IMPACT OF COVID-19 ON CHICORY
5.3 PATENT ANALYSIS
FIGURE 19 GEOGRAPHICAL ANALYSIS: PATENT APPROVAL FOR THE CHICORY MARKET, 2015-2020
TABLE 4 LIST OF IMPORTANT PATENTS FOR CHICORY, 2015-2020
5.4 PRICING ANALYSIS
5.5 TRADE ANALYSIS
5.6 ECOSYSTEM
FIGURE 20 ECOSYSTEM: CHICORY MARKET
5.7 YC-YCC SHIFT
FIGURE 21 YC-YCC SHIFT: CHICORY MARKET
6 REGULATIONS
6.1 FOOD SAFETY AUTHORITY OF IRELAND
6.2 FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA (FSSAI)
6.3 EUROPEAN COMMISSION
6.4 CHICORY AS SOLUBLE DIETARY FIBER AND ITS REGULATIONS
6.5 PROSKY METHOD
6.6 MCCLEARY METHOD
6.7 RAPID INTEGRATED TOTAL DIETARY FIBER
7 CASE STUDY ANALYSIS
7.1 CASE STUDIES ON TOP INDUSTRY INNOVATIONS AND BEST PRACTICES
7.1.1 INNOVATIONS AND DEVELOPMENTS IN CHICORY APPLICATIONS AND PRODUCTS TO CATER TO THE DYNAMIC CONSUMER NEEDS: A POSITIVE OUTLOOK
7.1.2 HIGHER DEMAND FOR CHICORY AS A CHEAPER AND HEALTHIER SUBSTITUTE TO VARIOUS INGREDIENTS DRIVES INVESTMENTS AND EXPANSIONS BY KEY PLAYERS
7.1.3 CHICORY INGREDIENTS PLAY AN ESSENTIAL ROLE IN SKINCARE
8 CHICORY MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 22 CHICORY MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
TABLE 5 CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
8.2 COVID-19 IMPACT ANALYSIS
TABLE 6 OPTIMISTIC SCENARIO: CHICORY MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
TABLE 7 REALISTIC SCENARIO: CHICORY MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
TABLE 8 PESSIMISTIC SCENARIO: CHICORY MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
8.3 EXTRACTS
8.3.1 MULTIPLE APPLICATION AREAS FOR EXTRACTS INCLUDING FOOD & BEVERAGES AND DIETARY SUPPLEMENTS
TABLE 9 CHICORY EXTRACTS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.4 ROASTED CHICORY
8.4.1 GROWING DEMAND FOR COFFEE EXPANDS THE GROWTH POTENTIAL FOR ROASTED CHICORY
TABLE 10 ROASTED CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.5 INSTANT POWDER
8.5.1 DEMAND FOR CAFFEINE-FREE READY-TO-DRINK BEVERAGES TO BOOST THE DEMAND FOR INSTANT POWDER
TABLE 11 INSTANT CHICORY POWDER MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.6 CHICORY FLOUR
8.6.1 INCREASE IN NUMBER OF APPLICATIONS AREAS AND RISE IN DEMAND FROM BAKERY INDUSTRY
TABLE 12 CHICORY FLOUR MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.7 OTHER TYPES
8.7.1 AVAILABILITY OF OTHER TYPES AT A CHEAPER PRICE POINTS FOR FOOD & BEVERAGE PRODUCT MANUFACTURES
TABLE 13 OTHER CHICORY TYPES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9 CHICORY MARKET, BY FORM
9.1 INTRODUCTION
FIGURE 23 CHICORY MARKET SIZE, BY FORM, 2020 VS. 2025 (USD MILLION)
TABLE 14 CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
9.2 COVID-19 IMPACT ANALYSIS
TABLE 15 OPTIMISTIC SCENARIO: CHICORY MARKET SIZE, BY FORM, 2018–2021 (USD MILLION)
TABLE 16 REALISTIC SCENARIO: CHICORY MARKET SIZE, BY FORM, 2018–2021 (USD MILLION)
TABLE 17 PESSIMISTIC SCENARIO: CHICORY MARKET SIZE, BY FORM, 2018–2021 (USD MILLION)
9.3 POWDER
9.3.1 WIDESPREAD AVAILABILITY AND ACCEPTABILITY OF THE POWDER FORM OF CHICORY
TABLE 18 CHICORY POWDER MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.4 CUBES
9.4.1 GROWTH AWARENESS REGARDING THE USABILITY OF CHICORY CUBES ACROSS AN ARRAY OF INDUSTRIES
TABLE 19 CHICORY CUBES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.5 LIQUID
9.5.1 RISE IN INNOVATIONS AND DEVELOPMENTS IN APPLICATION OF LIQUID FORM OF CHICORY
TABLE 20 CHICORY LIQUID MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.6 OTHER FORMS
9.6.1 DIVERSE USAGE OF THESE FORMS OF CHICORY ACROSS AN ARRAY OF INDUSTRIES
TABLE 21 OTHER FORMS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10 CHICORY MARKET, BY PLANT PART
10.1 INTRODUCTION
FIGURE 24 CHICORY MARKET SIZE, BY PLANT PART, 2020 VS. 2025 (USD MILLION)
TABLE 22 CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
10.2 COVID-19 IMPACT ANALYSIS
TABLE 23 OPTIMISTIC SCENARIO: CHICORY MARKET SIZE, BY PLANT PART, 2018–2021 (USD MILLION)
TABLE 24 REALISTIC SCENARIO: CHICORY MARKET SIZE, BY PLANT PART, 2018–2021 (USD MILLION)
TABLE 25 PESSIMISTIC SCENARIO: CHICORY MARKET SIZE, BY PLANT PART, 2018–2021 (USD MILLION)
10.3 LEAF
10.3.1 RISE IN NUMBER OF CONSUMERS PREFERING HEALTHIER FOOD OPTIONS SUCH AS SALADS
TABLE 26 CHICORY LEAF MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.4 ROOTS
10.4.1 GROWTH IN AREAS OF APPLICATIONS OF CHICORY ROOTS ACROSS VARIOUS INDUSTRY APPLICATIONS
TABLE 27 CHICORY ROOT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.5 OTHER PLANT PARTS
10.5.1 INCREASE IN NUMBER OF INNOVATIONS AND DEVELOPMENTS INTRODUCED WITH THE USE OF OTHER PLANT PARTS OF CHICORY
TABLE 28 OTHER CHICORY PLANT PARTS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
11 CHICORY MARKET, BY APPLICATION
11.1 INTRODUCTION
FIGURE 25 CHICORY MARKET SIZE, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
TABLE 29 CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
11.2 COVID-19 IMPACT ANALYSIS
TABLE 30 OPTIMISTIC SCENARIO: CHICORY MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 31 REALISTIC SCENARIO: CHICORY MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 32 PESSIMISTIC SCENARIO: CHICORY MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
11.3 FOOD & BEVERAGES
11.3.1 WIDESPREAD ACCEPTABILITY AND USAGE ACROSS REGIONS BY SEVERAL PLAYERS IN AN ARRAY OF FOOD APPLICATIONS
TABLE 33 CHICORY MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 2018–2025 (USD MILLION)
11.4 DIETARY SUPPLEMENTS
11.4.1 RISE IN DEMAND AND AWARENESS FOR NATURAL AND ORGANICALLY SOURCED HEALTH SUPPLEMENTS
TABLE 34 CHICORY MARKET SIZE IN DIETARY SUPPLEMENTS, BY REGION, 2018–2025 (USD MILLION)
11.5 FEED & PET FOOD
11.5.1 INCREASE IN DEVELOPMENTS AND INNOVATIONS IN THE FEED & PET FOOD INDUSTRY
TABLE 35 CHICORY MARKET SIZE IN FEED & PET FOOD, BY REGION, 2018–2025 (USD MILLION)
11.6 COSMETICS & PERSONAL CARE
11.6.1 DEVELOPING APPLICATIONS OF CHICORY IN THE SKINCARE INDUSTRY WITH CONSUMERS SHIFTING TOWARD ALL-NATURAL PRODUCTS
TABLE 36 CHICORY MARKET SIZE IN COSMETICS & PERSONAL CARE, BY REGION, 2018–2025 (USD MILLION)
12 CHICORY MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 26 CHINA AND INDIA TO ACCOUNT FOR THE HIGHEST GROWTH RATE IN THE CHICORY MARKET
TABLE 37 CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 38 CHICORY MARKET SIZE, BY REGION, 2018–2025 (KT)
12.2 COVID-19 IMPACT ANALYSIS
TABLE 39 OPTIMISTIC SCENARIO: CHICORY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 40 REALISTIC SCENARIO: CHICORY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 41 PESSIMISTIC SCENARIO: CHICORY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
12.3 NORTH AMERICA
TABLE 42 NORTH AMERICA: CHICORY MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 43 NORTH AMERICA: CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 44 NORTH AMERICA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 45 NORTH AMERICA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 46 NORTH AMERICA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
12.3.1 US
12.3.1.1 Rise in awareness and consumption of chicory ingredient-based products
FIGURE 27 US: SURVEY OF CONSUMERS REGARDING ASSOCIATION OF CONSUMPTION OF PROTEIN AND FIBER WITH FEELING FULL FOR LONGER
FIGURE 28 US: SURVEY OF CONSUMERS REGARDING READING OF PRODUCT INFORMATION ON THE PACKING OF FOOD PRODUCTS
TABLE 47 US: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 48 US: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 49 US: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.3.2 CANADA
12.3.2.1 Increased potential usage in food & beverage and dietary supplement applications in Canada
FIGURE 29 CANADA: COMMONLY CONSUMED BEVERAGES BETWEEN AGES 18& 79
TABLE 50 CANADA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 51 CANADA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 52 CANADA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.3.3 MEXICO
12.3.3.1 Increase in support from government initiatives and public health campaigns
TABLE 53 MEXICO: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 54 MEXICO: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 55 MEXICO: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4 EUROPE
FIGURE 30 EUROPE: CHICORY MARKET SNAPSHOT
TABLE 56 EUROPE: CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 57 EUROPE: CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 58 EUROPE: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 59 EUROPE: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 60 EUROPE: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
12.4.1 UK
12.4.1.1 Growth in trend of buying organic products offers growth potential for chicory market
TABLE 61 UK: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 62 UK: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 63 UK: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.2 GERMANY
12.4.2.1 Increase in demand for chicory from the German food & feed industries
TABLE 64 GERMANY: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 65 GERMANY: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 66 GERMANY: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.3 SPAIN
12.4.3.1 Rise in consumer awareness toward consumption of organic ingredients in Spain
TABLE 67 SPAIN: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 68 SPAIN: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 69 SPAIN: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.4 FRANCE
12.4.4.1 Presence of major players in the chicory market in France
TABLE 70 FRANCE: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 71 FRANCE: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 72 FRANCE: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.5 ITALY
12.4.5.1 Rise in demand among consumers for health-enriching beverages significantly drives the market
TABLE 73 ITALY: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 74 ITALY: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 75 ITALY: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.6 REST OF EUROPE
12.4.6.1 Rise in demand from confectionery and other food application industry players
TABLE 76 REST OF EUROPE: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 77 REST OF EUROPE: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 78 REST OF EUROPE: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5 ASIA PACIFIC
FIGURE 31 ASIA PACIFIC: CHICORY MARKET SNAPSHOT
TABLE 79 ASIA PACIFIC: CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 80 ASIA PACIFIC: CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 81 ASIA PACIFIC: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 82 ASIA PACIFIC: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 83 ASIA PACIFIC: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
12.5.1 CHINA
12.5.1.1 Significant changes in consumer lifestyle in urban areas to drive the growth of the chicory market in China
TABLE 84 CHINA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 85 CHINA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 86 CHINA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.2 INDIA
12.5.2.1 Demand for naturally-sourced ingredients in food products to drive the growth of the chicory market
TABLE 87 INDIA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 88 INDIA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 89 INDIA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.3 JAPAN
12.5.3.1 Demand for naturally-sourced/organic ingredients in dairy products to drive the growth of the chicory market
TABLE 90 JAPAN: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 91 JAPAN: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 92 JAPAN: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.4 AUSTRALIA
12.5.4.1 Subsequent growth of chicory in the pharmaceutical industry drives the market in the country
TABLE 93 AUSTRALIA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 94 AUSTRALIA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 95 AUSTRALIA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.5 NEW ZEALAND
12.5.5.1 Demand for chicory as a substitute for coffee drives the market growth
TABLE 96 NEW ZEALAND: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 97 NEW ZEALAND: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 98 NEW ZEALAND: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.6 REST OF ASIA PACIFIC
12.5.6.1 Growth of dairy and beverage industries in these countries create a potential for substantial growth
TABLE 99 REST OF ASIA PACIFIC: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 100 REST OF ASIA PACIFIC: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 101 REST OF ASIA PACIFIC: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.6 SOUTH AMERICA
TABLE 102 SOUTH AMERICA: CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 103 SOUTH AMERICA: CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 104 SOUTH AMERICA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 105 SOUTH AMERICA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 106 SOUTH AMERICA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
12.6.1 BRAZIL
12.6.1.1 Demand from diverse manufacturers to cater to the dynamic consumer demands
TABLE 107 BRAZIL: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 108 BRAZIL: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 109 BRAZIL: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.6.2 ARGENTINA
12.6.2.1 Gradual growth in demand from an array of industry players
TABLE 110 ARGENTINA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 111 ARGENTINA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 112 ARGENTINA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.6.3 REST OF SOUTH AMERICA
12.6.3.1 Introduction of newer application areas and increase in awareness for healthier lifestyles
TABLE 113 REST OF SOUTH AMERICA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 114 REST OF SOUTH AMERICA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 115 REST OF SOUTH AMERICA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.7 REST OF WORLD
TABLE 116 ROW: CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 117 ROW: CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 118 ROW: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 119 ROW: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 120 ROW: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
12.7.1 MIDDLE EAST
12.7.1.1 Increase in the personal incomes and inclination toward food products with value-added health benefits
TABLE 121 MIDDLE EAST: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 122 MIDDLE EAST: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 123 MIDDLE EAST: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.7.2 AFRICA
12.7.2.1 Increase in support from government initiatives
TABLE 124 AFRICA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 125 AFRICA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 126 AFRICA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 KEY DEVELOPMENTS OF THE LEADING PLAYERS IN THE CHICORY MARKET, 2018–2020
13.3 MARKET SHARE ANALYSIS, 2020
FIGURE 32 BENEO & CORSUCRA LED THE CHICORY MARKET IN 2019
13.4 COMPETITIVE SCENARIO
TABLE 127 EXPANSIONS & INVESTMENTS, 2018–2020
TABLE 128 NEW PRODUCT LAUNCHES, 2019–2020
TABLE 129 AGREEMENTS, JOINT VENTURES, AND PARTNERSHIPS, 2018
14 COMPANY EVALUATION MATRIX AND COMPANY PROFILES
14.1 COMPETITIVE LEADERSHIP MAPPING
FIGURE 33 CHICORY MARKET COMPETITIVE LEADERSHIP MAPPING, 2020 (TOP 20)
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
14.2 COSUCRA GROUPE WARCOING
14.3 DELECTO FOODS PVT LTD
14.4 BENEO GHMB
14.5 SENSUS
14.6 LEROUX
14.7 CARGILL INCORPORATED
FIGURE 34 CARGILL INCORPORATED: COMPANY SNAPSHOT
14.8 REILY FOODS COMPANY
14.9 PIONEER CHICORY
14.10 PMV NUTRIENT PRODUCTS PVT LTD
14.11 FARMVILLA FOOD INDUSTRIES PVT LTD
14.12 MURLIKRISHNA FOODS PVT LTD
14.13 STARWEST BOTANICALS
14.14 STOKROS COMPANY LTD
14.15 NATURE’S GOLD PRODUCTION
14.16 ORGANIC HERB TRADING CO
14.17 NARASU’S COFFEE COMPANY
14.18 NP NUTRA
14.19 SHAANXI SCIPHAR NATURAL PRODUCT CO LTD
14.20 JAMNAGAR CHICORY INDUSTRIES
14.21 HERBS & CROPS OVERSEAS
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
15 APPENDIX
15.1 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.2 AVAILABLE CUSTOMIZATIONS
15.3 RELATED REPORTS
15.4 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKET SEGMENTATION
1.4 REGIONS COVERED
1.5 PERIODIZATION CONSIDERED
1.6 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2016–2020
1.7 VOLUME UNIT CONSIDERED
1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 CHICORY MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key Data from Secondary Sources
2.1.2 PRIMARY DATA
2.1.2.1 Key Data from Secondary Sources
2.1.2.2 Breakdown of Primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 CHICORY MARKET SIZE ESTIMATION: METHOD 1
2.2.2 CHICORY MARKET SIZE ESTIMATION: METHOD 2
2.2.3 CHICORY MARKET SIZE ESTIMATION NOTES
2.3 DATA TRIANGULATION
FIGURE 3 DATA TRIANGULATION METHODOLOGY
2.4 ASSUMPTIONS FOR THE STUDY
2.5 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
TABLE 2 CHICORY MARKET SNAPSHOT, 2020 VS. 2025
FIGURE 4 CHICORY MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 5 CHICORY MARKET SIZE, BY FORM, 2020 VS. 2025 (USD MILLION)
FIGURE 6 CHICORY MARKET SIZE, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
FIGURE 7 CHICORY MARKET SIZE, BY PLANT PART, 2020 VS. 2025 (USD MILLION)
FIGURE 8 CHICORY MARKET SHARE (VALUE), BY REGION, 2019
4 PREMIUM INSIGHTS
4.1 BRIEF OVERVIEW OF THE CHICORY MARKET
FIGURE 9 CHICORY: AN EMERGING MARKET WITH IMMENSE GROWTH POTENTIAL
4.2 CHICORY MARKET, BY REGION
FIGURE 10 ASIA PACIFIC TO GROW AT THE HIGHEST RATE IN THE CHICORY MARKET FROM 2020 TO 2025
4.3 CHICORY MARKET, BY TYPE
FIGURE 11 INSTANT POWDER TO DOMINATE THE MARKET IN 2020
4.4 CHICORY MARKET, BY FORM
FIGURE 12 POWDER TO DOMINATE THE MARKET AMONG FORMS FROM 2020 TO 2025
4.5 CHICORY MARKET, BY PLANT PART
FIGURE 13 THE ROOT SEGMENT TO DOMINATE THE MARKET FROM 2020 TO 2025
4.6 CHICORY MARKET, BY APPLICATION
FIGURE 14 THE FOOD & BEVERAGE SEGMENT TO DOMINATE THE MARKET FROM
2020 TO 2025
4.7 EUROPE: CHICORY MARKET, BY TYPE & COUNTRY
FIGURE 15 THE INSTANT POWDER SEGMENT, BY TYPE, ACCOUNTED FOR THE LARGEST SHARE IN THE EUROPEAN CHICORY MARKET IN 2019
4.8 CHICORY MARKET, BY KEY COUNTRIES
FIGURE 16 THE US OCCUPIED A MAJOR SHARE IN THE GLOBAL MARKET IN 2019
5 MARKET OVERVIEW
5.1 INTRODUCTION
FIGURE 17 CHICORY PROCESSING TO OBTAIN INSTANT CHICORY AND INULIN:
PROCESS FLOW DIAGRAM
5.2 MARKET DYNAMICS
FIGURE 18 MARKET DYNAMICS: CHICORY MARKET
5.2.1 DRIVERS
5.2.1.1 Rise in concern regarding negative effects due to high intake of caffeine
5.2.1.2 Preference for chicory as a cheaper substitute for coffee
5.2.1.3 High medicinal values and health benefits associated with the consumption of chicory
5.2.1.4 Easy cultivation process of the chicory crop
5.2.1.5 Recent government regulations upholding the dietary fiber status for chicory roots
TABLE 3 TOP TEN COUNTRIES EXPORTING CHICORY, 2018 (MT & USD MILLION)
5.2.2 RESTRAINTS
5.2.2.1 High dependency on mainstream products such as coffee
5.2.2.2 Health risks associated with heavy consumption of chicory
5.2.3 OPPORTUNITIES
5.2.3.1 Rise in demand for chicory and chicory-based products across several emerging markets
5.2.3.2 Growth in applications of chicory across various industries
5.2.4 CHALLENGES
5.2.4.1 Higher technical expertise required for producing certain chicory-based products
5.2.4.2 Limited consumer awareness about chicory products
5.2.5 IMPACT OF COVID-19 ON CHICORY
5.3 PATENT ANALYSIS
FIGURE 19 GEOGRAPHICAL ANALYSIS: PATENT APPROVAL FOR THE CHICORY MARKET, 2015-2020
TABLE 4 LIST OF IMPORTANT PATENTS FOR CHICORY, 2015-2020
5.4 PRICING ANALYSIS
5.5 TRADE ANALYSIS
5.6 ECOSYSTEM
FIGURE 20 ECOSYSTEM: CHICORY MARKET
5.7 YC-YCC SHIFT
FIGURE 21 YC-YCC SHIFT: CHICORY MARKET
6 REGULATIONS
6.1 FOOD SAFETY AUTHORITY OF IRELAND
6.2 FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA (FSSAI)
6.3 EUROPEAN COMMISSION
6.4 CHICORY AS SOLUBLE DIETARY FIBER AND ITS REGULATIONS
6.5 PROSKY METHOD
6.6 MCCLEARY METHOD
6.7 RAPID INTEGRATED TOTAL DIETARY FIBER
7 CASE STUDY ANALYSIS
7.1 CASE STUDIES ON TOP INDUSTRY INNOVATIONS AND BEST PRACTICES
7.1.1 INNOVATIONS AND DEVELOPMENTS IN CHICORY APPLICATIONS AND PRODUCTS TO CATER TO THE DYNAMIC CONSUMER NEEDS: A POSITIVE OUTLOOK
7.1.2 HIGHER DEMAND FOR CHICORY AS A CHEAPER AND HEALTHIER SUBSTITUTE TO VARIOUS INGREDIENTS DRIVES INVESTMENTS AND EXPANSIONS BY KEY PLAYERS
7.1.3 CHICORY INGREDIENTS PLAY AN ESSENTIAL ROLE IN SKINCARE
8 CHICORY MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 22 CHICORY MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
TABLE 5 CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
8.2 COVID-19 IMPACT ANALYSIS
TABLE 6 OPTIMISTIC SCENARIO: CHICORY MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
TABLE 7 REALISTIC SCENARIO: CHICORY MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
TABLE 8 PESSIMISTIC SCENARIO: CHICORY MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
8.3 EXTRACTS
8.3.1 MULTIPLE APPLICATION AREAS FOR EXTRACTS INCLUDING FOOD & BEVERAGES AND DIETARY SUPPLEMENTS
TABLE 9 CHICORY EXTRACTS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.4 ROASTED CHICORY
8.4.1 GROWING DEMAND FOR COFFEE EXPANDS THE GROWTH POTENTIAL FOR ROASTED CHICORY
TABLE 10 ROASTED CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.5 INSTANT POWDER
8.5.1 DEMAND FOR CAFFEINE-FREE READY-TO-DRINK BEVERAGES TO BOOST THE DEMAND FOR INSTANT POWDER
TABLE 11 INSTANT CHICORY POWDER MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.6 CHICORY FLOUR
8.6.1 INCREASE IN NUMBER OF APPLICATIONS AREAS AND RISE IN DEMAND FROM BAKERY INDUSTRY
TABLE 12 CHICORY FLOUR MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.7 OTHER TYPES
8.7.1 AVAILABILITY OF OTHER TYPES AT A CHEAPER PRICE POINTS FOR FOOD & BEVERAGE PRODUCT MANUFACTURES
TABLE 13 OTHER CHICORY TYPES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9 CHICORY MARKET, BY FORM
9.1 INTRODUCTION
FIGURE 23 CHICORY MARKET SIZE, BY FORM, 2020 VS. 2025 (USD MILLION)
TABLE 14 CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
9.2 COVID-19 IMPACT ANALYSIS
TABLE 15 OPTIMISTIC SCENARIO: CHICORY MARKET SIZE, BY FORM, 2018–2021 (USD MILLION)
TABLE 16 REALISTIC SCENARIO: CHICORY MARKET SIZE, BY FORM, 2018–2021 (USD MILLION)
TABLE 17 PESSIMISTIC SCENARIO: CHICORY MARKET SIZE, BY FORM, 2018–2021 (USD MILLION)
9.3 POWDER
9.3.1 WIDESPREAD AVAILABILITY AND ACCEPTABILITY OF THE POWDER FORM OF CHICORY
TABLE 18 CHICORY POWDER MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.4 CUBES
9.4.1 GROWTH AWARENESS REGARDING THE USABILITY OF CHICORY CUBES ACROSS AN ARRAY OF INDUSTRIES
TABLE 19 CHICORY CUBES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.5 LIQUID
9.5.1 RISE IN INNOVATIONS AND DEVELOPMENTS IN APPLICATION OF LIQUID FORM OF CHICORY
TABLE 20 CHICORY LIQUID MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.6 OTHER FORMS
9.6.1 DIVERSE USAGE OF THESE FORMS OF CHICORY ACROSS AN ARRAY OF INDUSTRIES
TABLE 21 OTHER FORMS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10 CHICORY MARKET, BY PLANT PART
10.1 INTRODUCTION
FIGURE 24 CHICORY MARKET SIZE, BY PLANT PART, 2020 VS. 2025 (USD MILLION)
TABLE 22 CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
10.2 COVID-19 IMPACT ANALYSIS
TABLE 23 OPTIMISTIC SCENARIO: CHICORY MARKET SIZE, BY PLANT PART, 2018–2021 (USD MILLION)
TABLE 24 REALISTIC SCENARIO: CHICORY MARKET SIZE, BY PLANT PART, 2018–2021 (USD MILLION)
TABLE 25 PESSIMISTIC SCENARIO: CHICORY MARKET SIZE, BY PLANT PART, 2018–2021 (USD MILLION)
10.3 LEAF
10.3.1 RISE IN NUMBER OF CONSUMERS PREFERING HEALTHIER FOOD OPTIONS SUCH AS SALADS
TABLE 26 CHICORY LEAF MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.4 ROOTS
10.4.1 GROWTH IN AREAS OF APPLICATIONS OF CHICORY ROOTS ACROSS VARIOUS INDUSTRY APPLICATIONS
TABLE 27 CHICORY ROOT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.5 OTHER PLANT PARTS
10.5.1 INCREASE IN NUMBER OF INNOVATIONS AND DEVELOPMENTS INTRODUCED WITH THE USE OF OTHER PLANT PARTS OF CHICORY
TABLE 28 OTHER CHICORY PLANT PARTS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
11 CHICORY MARKET, BY APPLICATION
11.1 INTRODUCTION
FIGURE 25 CHICORY MARKET SIZE, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
TABLE 29 CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
11.2 COVID-19 IMPACT ANALYSIS
TABLE 30 OPTIMISTIC SCENARIO: CHICORY MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 31 REALISTIC SCENARIO: CHICORY MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 32 PESSIMISTIC SCENARIO: CHICORY MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
11.3 FOOD & BEVERAGES
11.3.1 WIDESPREAD ACCEPTABILITY AND USAGE ACROSS REGIONS BY SEVERAL PLAYERS IN AN ARRAY OF FOOD APPLICATIONS
TABLE 33 CHICORY MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 2018–2025 (USD MILLION)
11.4 DIETARY SUPPLEMENTS
11.4.1 RISE IN DEMAND AND AWARENESS FOR NATURAL AND ORGANICALLY SOURCED HEALTH SUPPLEMENTS
TABLE 34 CHICORY MARKET SIZE IN DIETARY SUPPLEMENTS, BY REGION, 2018–2025 (USD MILLION)
11.5 FEED & PET FOOD
11.5.1 INCREASE IN DEVELOPMENTS AND INNOVATIONS IN THE FEED & PET FOOD INDUSTRY
TABLE 35 CHICORY MARKET SIZE IN FEED & PET FOOD, BY REGION, 2018–2025 (USD MILLION)
11.6 COSMETICS & PERSONAL CARE
11.6.1 DEVELOPING APPLICATIONS OF CHICORY IN THE SKINCARE INDUSTRY WITH CONSUMERS SHIFTING TOWARD ALL-NATURAL PRODUCTS
TABLE 36 CHICORY MARKET SIZE IN COSMETICS & PERSONAL CARE, BY REGION, 2018–2025 (USD MILLION)
12 CHICORY MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 26 CHINA AND INDIA TO ACCOUNT FOR THE HIGHEST GROWTH RATE IN THE CHICORY MARKET
TABLE 37 CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 38 CHICORY MARKET SIZE, BY REGION, 2018–2025 (KT)
12.2 COVID-19 IMPACT ANALYSIS
TABLE 39 OPTIMISTIC SCENARIO: CHICORY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 40 REALISTIC SCENARIO: CHICORY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 41 PESSIMISTIC SCENARIO: CHICORY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
12.3 NORTH AMERICA
TABLE 42 NORTH AMERICA: CHICORY MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 43 NORTH AMERICA: CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 44 NORTH AMERICA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 45 NORTH AMERICA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 46 NORTH AMERICA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
12.3.1 US
12.3.1.1 Rise in awareness and consumption of chicory ingredient-based products
FIGURE 27 US: SURVEY OF CONSUMERS REGARDING ASSOCIATION OF CONSUMPTION OF PROTEIN AND FIBER WITH FEELING FULL FOR LONGER
FIGURE 28 US: SURVEY OF CONSUMERS REGARDING READING OF PRODUCT INFORMATION ON THE PACKING OF FOOD PRODUCTS
TABLE 47 US: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 48 US: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 49 US: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.3.2 CANADA
12.3.2.1 Increased potential usage in food & beverage and dietary supplement applications in Canada
FIGURE 29 CANADA: COMMONLY CONSUMED BEVERAGES BETWEEN AGES 18& 79
TABLE 50 CANADA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 51 CANADA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 52 CANADA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.3.3 MEXICO
12.3.3.1 Increase in support from government initiatives and public health campaigns
TABLE 53 MEXICO: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 54 MEXICO: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 55 MEXICO: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4 EUROPE
FIGURE 30 EUROPE: CHICORY MARKET SNAPSHOT
TABLE 56 EUROPE: CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 57 EUROPE: CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 58 EUROPE: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 59 EUROPE: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 60 EUROPE: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
12.4.1 UK
12.4.1.1 Growth in trend of buying organic products offers growth potential for chicory market
TABLE 61 UK: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 62 UK: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 63 UK: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.2 GERMANY
12.4.2.1 Increase in demand for chicory from the German food & feed industries
TABLE 64 GERMANY: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 65 GERMANY: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 66 GERMANY: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.3 SPAIN
12.4.3.1 Rise in consumer awareness toward consumption of organic ingredients in Spain
TABLE 67 SPAIN: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 68 SPAIN: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 69 SPAIN: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.4 FRANCE
12.4.4.1 Presence of major players in the chicory market in France
TABLE 70 FRANCE: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 71 FRANCE: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 72 FRANCE: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.5 ITALY
12.4.5.1 Rise in demand among consumers for health-enriching beverages significantly drives the market
TABLE 73 ITALY: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 74 ITALY: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 75 ITALY: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.6 REST OF EUROPE
12.4.6.1 Rise in demand from confectionery and other food application industry players
TABLE 76 REST OF EUROPE: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 77 REST OF EUROPE: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 78 REST OF EUROPE: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5 ASIA PACIFIC
FIGURE 31 ASIA PACIFIC: CHICORY MARKET SNAPSHOT
TABLE 79 ASIA PACIFIC: CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 80 ASIA PACIFIC: CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 81 ASIA PACIFIC: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 82 ASIA PACIFIC: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 83 ASIA PACIFIC: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
12.5.1 CHINA
12.5.1.1 Significant changes in consumer lifestyle in urban areas to drive the growth of the chicory market in China
TABLE 84 CHINA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 85 CHINA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 86 CHINA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.2 INDIA
12.5.2.1 Demand for naturally-sourced ingredients in food products to drive the growth of the chicory market
TABLE 87 INDIA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 88 INDIA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 89 INDIA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.3 JAPAN
12.5.3.1 Demand for naturally-sourced/organic ingredients in dairy products to drive the growth of the chicory market
TABLE 90 JAPAN: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 91 JAPAN: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 92 JAPAN: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.4 AUSTRALIA
12.5.4.1 Subsequent growth of chicory in the pharmaceutical industry drives the market in the country
TABLE 93 AUSTRALIA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 94 AUSTRALIA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 95 AUSTRALIA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.5 NEW ZEALAND
12.5.5.1 Demand for chicory as a substitute for coffee drives the market growth
TABLE 96 NEW ZEALAND: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 97 NEW ZEALAND: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 98 NEW ZEALAND: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.6 REST OF ASIA PACIFIC
12.5.6.1 Growth of dairy and beverage industries in these countries create a potential for substantial growth
TABLE 99 REST OF ASIA PACIFIC: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 100 REST OF ASIA PACIFIC: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 101 REST OF ASIA PACIFIC: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.6 SOUTH AMERICA
TABLE 102 SOUTH AMERICA: CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 103 SOUTH AMERICA: CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 104 SOUTH AMERICA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 105 SOUTH AMERICA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 106 SOUTH AMERICA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
12.6.1 BRAZIL
12.6.1.1 Demand from diverse manufacturers to cater to the dynamic consumer demands
TABLE 107 BRAZIL: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 108 BRAZIL: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 109 BRAZIL: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.6.2 ARGENTINA
12.6.2.1 Gradual growth in demand from an array of industry players
TABLE 110 ARGENTINA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 111 ARGENTINA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 112 ARGENTINA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.6.3 REST OF SOUTH AMERICA
12.6.3.1 Introduction of newer application areas and increase in awareness for healthier lifestyles
TABLE 113 REST OF SOUTH AMERICA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 114 REST OF SOUTH AMERICA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 115 REST OF SOUTH AMERICA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.7 REST OF WORLD
TABLE 116 ROW: CHICORY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 117 ROW: CHICORY MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 118 ROW: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 119 ROW: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 120 ROW: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
12.7.1 MIDDLE EAST
12.7.1.1 Increase in the personal incomes and inclination toward food products with value-added health benefits
TABLE 121 MIDDLE EAST: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 122 MIDDLE EAST: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 123 MIDDLE EAST: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.7.2 AFRICA
12.7.2.1 Increase in support from government initiatives
TABLE 124 AFRICA: CHICORY MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)
TABLE 125 AFRICA: CHICORY MARKET SIZE, BY PLANT PART, 2018–2025 (USD MILLION)
TABLE 126 AFRICA: CHICORY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 KEY DEVELOPMENTS OF THE LEADING PLAYERS IN THE CHICORY MARKET, 2018–2020
13.3 MARKET SHARE ANALYSIS, 2020
FIGURE 32 BENEO & CORSUCRA LED THE CHICORY MARKET IN 2019
13.4 COMPETITIVE SCENARIO
TABLE 127 EXPANSIONS & INVESTMENTS, 2018–2020
TABLE 128 NEW PRODUCT LAUNCHES, 2019–2020
TABLE 129 AGREEMENTS, JOINT VENTURES, AND PARTNERSHIPS, 2018
14 COMPANY EVALUATION MATRIX AND COMPANY PROFILES
14.1 COMPETITIVE LEADERSHIP MAPPING
FIGURE 33 CHICORY MARKET COMPETITIVE LEADERSHIP MAPPING, 2020 (TOP 20)
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
14.2 COSUCRA GROUPE WARCOING
14.3 DELECTO FOODS PVT LTD
14.4 BENEO GHMB
14.5 SENSUS
14.6 LEROUX
14.7 CARGILL INCORPORATED
FIGURE 34 CARGILL INCORPORATED: COMPANY SNAPSHOT
14.8 REILY FOODS COMPANY
14.9 PIONEER CHICORY
14.10 PMV NUTRIENT PRODUCTS PVT LTD
14.11 FARMVILLA FOOD INDUSTRIES PVT LTD
14.12 MURLIKRISHNA FOODS PVT LTD
14.13 STARWEST BOTANICALS
14.14 STOKROS COMPANY LTD
14.15 NATURE’S GOLD PRODUCTION
14.16 ORGANIC HERB TRADING CO
14.17 NARASU’S COFFEE COMPANY
14.18 NP NUTRA
14.19 SHAANXI SCIPHAR NATURAL PRODUCT CO LTD
14.20 JAMNAGAR CHICORY INDUSTRIES
14.21 HERBS & CROPS OVERSEAS
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
15 APPENDIX
15.1 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.2 AVAILABLE CUSTOMIZATIONS
15.3 RELATED REPORTS
15.4 AUTHOR DETAILS
