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Chicory (Chicorium intybus) is a somewhat woody, perennial herbaceous plant of the dandelion family usually with bright blue flowers, rarely white or pink. It can be found throughout all parts of Africa, Europe, and other temperate regions of the world.
Chicory root is commonly processed for food and beverage industry. The leaves of the chicory plant are also in demand in markets around the world; the leaves are used in the preparation of salads and eaten raw as greens.
In this report, statistics are related to commercial processing products of chicory root, including chicory flour, roasted chicory, liquid chicory, and instant chicory.
Scope of the Report:
Chicory industry is concentrated highly. Currently, there are many chicory products producing companies in the world chicory industry. The main market players are Beneo, Cosucra, Sensus and Leroux. These four companies occupied 85.02% of the global production. The production of chicory will increase to 114410 MT in 2017 from 80181 MT in 2012 with average growth rate of 7.37%. Europe is the largest production region with rich raw material source.
The global consumption value of chicory increases with the 6.13% average growth rate. Europe is the largest consumption region due to the bigger demand of downstream applications. In 2016, these this region occupied 53.91% of the global consumption volume in total.
Chicory products mainly include three forms, which include chicory flour, roasted chicory, chicory inulin and others. And each type has application industries relatively. With medical effect and flavour of chicory, the downstream application industries will need more chicory products. So, chicory has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance chicory through improving technology.
The worldwide market for Chicory is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Chicory in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Beneo
- Cosucra
- Sensus
- Leroux
- Violf
- PMV Nutrient Products
- FARMVILLA
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Chicory Flour
- Roasted Chicory
- Chicory Inulin
- Others
Market Segment by Applications, can be divided into
- Beverage Industry
- Food Industry
- Health Care Products and Medicines
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Chicory product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Chicory, with price, sales, revenue and global market share of Chicory in 2017 and 2018.
Chapter 3, the Chicory competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Chicory breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Chicory market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Chicory sales channel, distributors, customers, research findings and conclusion, appendix and data source.