The global market for Chicory was valued at US$818.7 Million in 2024 and is projected to reach US$1 Billion by 2030, growing at a CAGR of 3.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
In recent years, the demand for chicory has surged due to its health benefits and its role as a coffee substitute amid growing health trends. The increasing awareness of the negative effects of excessive caffeine consumption has led many consumers to seek alternatives, with chicory coffee emerging as a popular choice. Additionally, chicory's high inulin content has made it a favored ingredient in the health food industry, particularly in products aimed at improving digestive health. Chicory leaves and roots are also being incorporated into a variety of functional foods and beverages, ranging from dietary supplements to innovative snacks. The plant's adaptability to various climatic conditions and its role in sustainable agriculture further contribute to its rising popularity.
The growth in the chicory market is driven by several factors. Technological advancements in food processing have enabled the production of high-quality chicory products with enhanced taste and nutritional value. The increasing consumer preference for natural and plant-based foods has significantly boosted the demand for chicory as a versatile ingredient. Additionally, the expanding market for functional foods and beverages, particularly those targeting digestive health, has propelled the use of chicory in various formulations. The rise of the wellness industry and the shift towards healthier lifestyles have also played a crucial role in driving market growth. Moreover, the expansion of distribution channels, including online retail and specialty health food stores, has made chicory products more accessible to a global audience. Collectively, these factors are fueling the robust growth of the chicory market, reflecting a significant shift in consumer preferences towards healthier and more sustainable food options.
Chicory- Key Trends and Drivers
Chicory is a perennial plant known for its vibrant blue flowers and a long history of culinary and medicinal use. The plant's roots, leaves, and flowers are all utilized in various applications. The roots are often roasted and ground as a caffeine-free coffee substitute or additive, while the leaves, commonly known as endive, are used in salads and cooking. Chicory is rich in inulin, a type of prebiotic fiber that promotes gut health, and is also valued for its potential health benefits, including aiding digestion, reducing inflammation, and supporting weight loss. Its versatility and nutritional profile make it a popular choice among health-conscious consumers and culinary enthusiasts alike.In recent years, the demand for chicory has surged due to its health benefits and its role as a coffee substitute amid growing health trends. The increasing awareness of the negative effects of excessive caffeine consumption has led many consumers to seek alternatives, with chicory coffee emerging as a popular choice. Additionally, chicory's high inulin content has made it a favored ingredient in the health food industry, particularly in products aimed at improving digestive health. Chicory leaves and roots are also being incorporated into a variety of functional foods and beverages, ranging from dietary supplements to innovative snacks. The plant's adaptability to various climatic conditions and its role in sustainable agriculture further contribute to its rising popularity.
The growth in the chicory market is driven by several factors. Technological advancements in food processing have enabled the production of high-quality chicory products with enhanced taste and nutritional value. The increasing consumer preference for natural and plant-based foods has significantly boosted the demand for chicory as a versatile ingredient. Additionally, the expanding market for functional foods and beverages, particularly those targeting digestive health, has propelled the use of chicory in various formulations. The rise of the wellness industry and the shift towards healthier lifestyles have also played a crucial role in driving market growth. Moreover, the expansion of distribution channels, including online retail and specialty health food stores, has made chicory products more accessible to a global audience. Collectively, these factors are fueling the robust growth of the chicory market, reflecting a significant shift in consumer preferences towards healthier and more sustainable food options.
Report Scope
The report analyzes the Chicory market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Type (Instant Chicory Powder, Roasted Chicory, Chicory Extracts, Chicory Flours, Other Types); Form (Powder Form, Liquid Form, Cubes Form); Application (Food & Beverage Application, Dietary Supplement Application, Feed & Pet Food Application, Cosmetics & Personal Care Application).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Instant Chicory Powder segment, which is expected to reach US$540.4 Million by 2030 with a CAGR of a 4.2%. The Roasted Chicory segment is also set to grow at 4.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $220.7 Million in 2024, and China, forecasted to grow at an impressive 7.4% CAGR to reach $217.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as BENEO GmbH, Cargill Inc, Cosucra Groupe Warcoing SA, Delecto Foods Pvt., Ltd, Farmvilla Food Industries Pvt Ltd and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Chicory Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Chicory Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Chicory Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 48 major companies featured in this Chicory market report include:
- BENEO GmbH
- Cargill Inc
- Cosucra Groupe Warcoing SA
- Delecto Foods Pvt., Ltd
- Farmvilla Food Industries Pvt Ltd
- Herbs And Crops Overseas
- Leo Coffee
- Murlikrishna Foods Pvt Ltd
- Nature's Gold Production
- Pioneer Chicory
- PMV Nutrient Pvt. Ltd.
- Reily Foods Company
- Sensus
- Sri Narasu's Coffee Company Private Limited
- Starwest Botanicals, Inc.
- STOKROS Company Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BENEO GmbH
- Cargill Inc
- Cosucra Groupe Warcoing SA
- Delecto Foods Pvt., Ltd
- Farmvilla Food Industries Pvt Ltd
- Herbs And Crops Overseas
- Leo Coffee
- Murlikrishna Foods Pvt Ltd
- Nature's Gold Production
- Pioneer Chicory
- PMV Nutrient Pvt. Ltd.
- Reily Foods Company
- Sensus
- Sri Narasu's Coffee Company Private Limited
- Starwest Botanicals, Inc.
- STOKROS Company Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 390 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 818.7 Million |
| Forecasted Market Value ( USD | $ 1000 Million |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | Global |
