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Report Description

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 664.01 Million

CAGR (2024-2029)

6.72%

Fastest Growing Segment

Cosmetics & Personal Care

Largest Market

Asia Pacific

Market Size (2029)

USD 977.43 Million

Market Overview

Global Chicory market was valued at USD 664.01 million in 2023 and is expected to grow USD 977.43 million by 2029 with a CAGR of 6.72% during the forecast period. The global chicory market is witnessing substantial growth, primarily driven by increasing demand for caffeine-free beverages, health-conscious consumers, and expanding applications in food, beverage, and pharmaceutical industries. Chicory, often used as a coffee substitute, is valued for its caffeine-free composition and its high inulin content, a prebiotic that supports digestive health. As awareness about gut health and overall wellness rises, chicory root is increasingly utilized in health supplements, adding to its market appeal.

Key Market Drivers

Health Benefits and Wellness Trends

Chicory is rich in inulin, a prebiotic fiber that supports digestive health by promoting beneficial gut bacteria. This quality has positioned chicory as a valuable ingredient within the wellness industry, especially as consumers become more conscious of their digestive health and overall well-being. Beyond gut health, chicory offers several other health benefits, including anti-inflammatory properties, antioxidant effects, and potential blood sugar regulation benefits, making it especially appealing for consumers managing diabetes or seeking to reduce inflammation.

As awareness around functional foods grows, chicory’s health benefits align well with current consumer priorities, such as boosting immunity, enhancing digestive health, and managing weight. Wellness trends like these have been pivotal to the growth of the chicory market, leading companies to incorporate chicory into a variety of products, including health supplements, teas, and specialty health foods. With consumers’ focus on wellness set to remain strong, chicory is poised to gain further traction as a health-promoting ingredient across global markets.

Rising Demand for Caffeine-Free Products

The demand for caffeine-free or low-caffeine alternatives is on the rise as more people seek to limit their caffeine intake for health reasons or personal preferences. Chicory has become a popular caffeine substitute, especially in the coffee sector, because of its similar taste profile when roasted. As a natural caffeine-free alternative, chicory coffee is appealing to those looking to reduce caffeine without sacrificing flavor.

Furthermore, health concerns associated with high caffeine intake, such as anxiety, sleep disturbances, and digestive issues, are prompting consumers to explore non-caffeinated options. Chicory coffee, which mimics the rich, earthy flavor of coffee without the stimulating effects of caffeine, has found a strong niche among health-conscious consumers. As a result, companies are increasingly incorporating chicory into their coffee product lines and developing chicory-based teas and instant beverages to cater to this demand. This trend is particularly prominent in North America and Europe, where health-consciousness and the desire for diverse beverage options drive chicory’s popularity.

Expanding Applications in the Food and Beverage Industry

Beyond coffee substitutes, chicory has become a versatile ingredient across the broader food and beverage industry. Inulin, extracted from chicory root, is often added to a wide range of products, from dairy alternatives and snacks to protein bars and bakery items. It serves as a functional fiber, enhancing texture, sweetness, and nutritional content without adding sugar or calories. In the era of clean labels and functional foods, chicory’s natural profile makes it especially desirable.

Chicory is also being used in the formulation of low-sugar and high-fiber products, catering to the demand for functional foods that offer health benefits without compromising on taste or texture. For example, in the bakery sector, chicory’s fiber content supports the trend toward high-fiber, low-calorie products, while in the dairy sector, inulin is used to improve creaminess in yogurts and ice creams. The versatility of chicory as an ingredient has enabled it to penetrate a wide array of product categories, with food and beverage companies leveraging its unique properties to address growing consumer demand for health-oriented food options.

 

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Key Market Challenges

Limited Awareness and Consumer Knowledge

One of the significant challenges for the global chicory market is the limited awareness among consumers about chicory's benefits and applications. Although chicory is gaining popularity as a coffee substitute and functional ingredient, it remains a niche product in many regions, particularly in emerging markets where knowledge of chicory and its uses is still limited. Many consumers are unfamiliar with chicory’s unique properties, including its high inulin content, which promotes digestive health and functions as a prebiotic.

In some regions, chicory’s association with coffee substitutes may limit its broader potential as an ingredient in various food and beverage products. Consumers who do not typically seek coffee alternatives might overlook chicory’s applications, missing out on its potential health benefits. Additionally, misconceptions or lack of knowledge about how to incorporate chicory into daily diets, outside of coffee substitution, further restrict its market penetration.

To address this challenge, industry stakeholders could invest in educational campaigns to raise awareness of chicory’s health benefits, such as its positive effects on gut health and its value as a dietary fiber. Collaborations with health influencers, dietitians, and wellness brands can help expand chicory’s image beyond a niche coffee substitute, encouraging consumers to explore chicory in other forms, such as teas, supplements, and food products.

Supply Chain and Cultivation Constraints

The cultivation and processing of chicory present supply chain challenges that can impact the availability and pricing of chicory-based products. Chicory is primarily grown in certain regions of Europe, especially Belgium, France, and the Netherlands, where the soil and climate are optimal for its growth. This regional concentration makes the chicory supply chain susceptible to disruptions from weather variations, crop diseases, or political and economic changes within these areas. As a result, any adverse conditions in these primary production regions can lead to supply shortages and price volatility, affecting chicory manufacturers worldwide.

Additionally, chicory requires specific cultivation practices, which limits the number of regions where it can be effectively grown. As demand increases, there is a need to expand production to meet global requirements, which may be challenging due to limited suitable farmland and the time needed to establish efficient chicory farming practices in new regions. Moreover, the inulin extraction process is complex and requires specialized technology, adding another layer of complexity to chicory’s supply chain. High production costs associated with growing, harvesting, and processing chicory may also restrict its affordability and accessibility for consumers in cost-sensitive markets.

Key Market Trends

Increased Focus on Functional Foods and Dietary Fibers

With a global shift toward healthier lifestyles and preventive wellness, chicory’s role as a functional ingredient in food products is becoming more pronounced. Chicory root contains high levels of inulin, a prebiotic fiber that supports digestive health by fostering beneficial gut bacteria. As consumers become more educated about the importance of gut health, the demand for prebiotic ingredients like inulin has surged. Chicory’s inulin content makes it a valuable addition to various functional food products, from yogurts and smoothies to protein bars and bakery items.

In the food industry, chicory is often used as a functional fiber to enhance texture, sweetness, and nutritional value without adding sugar or calories. This aligns with the trend toward "clean-label" products, where consumers prefer natural and easily recognizable ingredients. Additionally, inulin’s role in blood sugar management and weight control has further increased its appeal in the health-conscious market. This trend is also evident in dietary supplements, as companies are incorporating chicory-based inulin into products aimed at promoting gut health and overall well-being. As interest in functional foods grows, chicory is expected to become a more common ingredient in products focused on digestive health, weight management, and balanced nutrition.

Rising Demand for Natural and Plant-Based Ingredients

Consumer interest in natural, plant-based ingredients has grown significantly in recent years, driven by concerns over synthetic additives, artificial sweeteners, and animal-derived products. Chicory’s natural origin and plant-based profile make it an attractive choice for both consumers and manufacturers seeking to meet the demand for clean-label products. In response to this trend, companies are using chicory as a plant-based alternative in various applications, from non-dairy products to low-sugar snacks.

As consumers become more environmentally conscious, chicory’s status as a sustainably sourced, plant-based ingredient enhances its appeal in the wellness market. Its inulin extract is increasingly being used as a natural sweetener and bulking agent, enabling manufacturers to reduce sugar content in their products without compromising taste or texture. This trend is especially prominent in the plant-based dairy sector, where chicory inulin is used to improve the creaminess and texture of vegan yogurts, cheeses, and beverages. The shift toward natural and plant-based ingredients is expected to drive further growth for chicory as companies seek sustainable, health-promoting alternatives for a wide range of products.

Innovations in Sustainable Cultivation and Processing Practices

Sustainability has become a priority in the chicory market as companies recognize the importance of eco-friendly practices in production and processing. From crop cultivation to inulin extraction, there have been significant advancements aimed at reducing environmental impact and enhancing resource efficiency. Chicory is primarily grown in Europe, but as demand increases globally, companies are exploring ways to expand production while minimizing ecological footprint. This includes adopting crop rotation techniques, organic farming practices, and developing disease-resistant varieties to ensure consistent yield and reduce dependency on chemical inputs.

Innovations in processing technology have also improved the extraction and quality of inulin, allowing companies to produce chicory products with higher purity and less waste. Advanced extraction techniques, such as enzymatic processing and water-based extraction, minimize the need for harsh chemicals and reduce energy consumption. Sustainable packaging is another focus, with companies shifting towards biodegradable materials to appeal to environmentally conscious consumers.

Segmental Insights

Type Insights

The instant powder segment dominated the global chicory market due to its convenience, versatility, and growing demand as a caffeine-free coffee substitute. Chicory powder offers a quick, easy-to-prepare alternative to traditional coffee, appealing to health-conscious consumers seeking to reduce caffeine intake while enjoying similar taste profiles. Instant chicory powder is widely used in beverages, dietary supplements, and functional foods, benefiting from the trend toward wellness and natural products. Additionally, its high inulin content provides digestive health benefits, enhancing its appeal. This segment’s strong market presence is driven by the rise in at-home consumption and increasing global demand for convenient, nutritious options.


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Regional Insights

The Asia Pacific region leads the global chicory market, driven by rising consumer awareness of health benefits, expanding urban populations, and a growing demand for natural, functional ingredients. Increasing disposable incomes and a shift toward health-conscious diets have boosted the consumption of chicory-based products, especially as caffeine-free coffee substitutes and dietary fibers. Countries like China, Japan, and India are at the forefront, with growing interest in digestive health and weight management fueling demand. Additionally, Asia Pacific’s booming food and beverage industry integrates chicory in diverse products, further solidifying the region’s position as the dominant player in the chicory market.

Recent Developments

  • In Sep 2024, Cargill has acquired two U.S. feed mills from Compana Pet Brands, enhancing its Animal Nutrition and Health business. This strategic move aims to boost production and distribution capabilities, catering to both large farming operations and retail customers. The acquisition positions Cargill for long-term growth in the ag retail sector.

  • In May 2024, PJ’s Coffee has announced the return of its popular Southern Wedding Cake flavor, along with the introduction of a chicory-infused beverage called Southern Charm Chicory Cold Brew.

Key Market Players

  • Cargill, Incorporated
  • Delecto Foods Private Limited
  • Starwest Botanicals, LLC
  • Pioneer Chicory
  • Nature's Gold
  • Organic Herb Trading Ltd
  • STOKROS company Ltd
  • Farmvilla Food Industries Private Limited
  • Shaanxi Sciphar Natural Products Co., Ltd.
  • PMV Nutrient Pvt. Ltd.

 

By Type

 

By Application

 

By Region

  • Instant Powder
  • Roasted
  • Extracts
  • Others
  • Food & Beverages
  • Dietary Supplements
  • Cosmetics & personal Care
  • Others
  • North America
  • Asia Pacific
  • Europe
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Chicory Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •   Chicory Market, By Type:

o   Instant Powder

o   Roasted

o   Extracts

o   Others

  • Chicory Market, By Application:

o   Food & Beverages

o   Dietary Supplements

o   Cosmetics & personal Care

o   Others

  • Chicory Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  Japan

§  India

§  Australia

§  South Korea

§  Indonesia

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   South America

§  Argentina

§  Colombia

§  Brazil

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Chicory Market.

Available Customizations:

Global Chicory Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Chicory Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customers

4.1.  Brand Awareness

4.2.  Factor Influencing Purchase Decision

5.    Global Chicory Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type Market Share Analysis (Instant Powder, Roasted, Extracts, Others)

5.2.2.    By Application Market Share Analysis (Food & Beverages, Dietary Supplements, Cosmetics & Personal Care, Others)

5.2.3.    By Regional Market Share Analysis

5.2.3.1.        North America Market Share Analysis

5.2.3.2.        Europe Market Share Analysis

5.2.3.3.        Asia Pacific Market Share Analysis

5.2.3.4.        Middle East & Africa Market Share Analysis

5.2.3.5.        South America Market Share Analysis

5.2.4.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Chicory Market Mapping & Opportunity Assessment

5.3.1.    By Type Market Mapping & Opportunity Assessment

5.3.2.    By Application Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    North America Chicory Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Application Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.3.  North America: Country Analysis

6.3.1.    United States Chicory Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type Market Share Analysis

6.3.1.2.2.           By Application Market Share Analysis

6.3.2.    Canada Chicory Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type Market Share Analysis

6.3.2.2.2.           By Application Market Share Analysis

6.3.3.    Mexico Chicory Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type Market Share Analysis

6.3.3.2.2.           By Application Market Share Analysis

7.    Asia Pacific Chicory Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Application Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.3.  Asia Pacific: Country Analysis

7.3.1.    China Chicory Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type Market Share Analysis

7.3.1.2.2.           By Application Market Share Analysis

7.3.2.    Japan Chicory Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type Market Share Analysis

7.3.2.2.2.           By Application Market Share Analysis

7.3.3.    India Chicory Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type Market Share Analysis

7.3.3.2.2.           By Application Market Share Analysis

7.3.4.    Australia Chicory Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type Market Share Analysis

7.3.4.2.2.           By Application Market Share Analysis

7.3.5.    South Korea Chicory Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type Market Share Analysis

7.3.5.2.2.           By Application Market Share Analysis

7.3.6.    Indonesia Chicory Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Type Market Share Analysis

7.3.6.2.2.           By Application Market Share Analysis

8.    Europe Chicory Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Application Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.3.  Europe: Country Analysis

8.3.1.    France Chicory Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type Market Share Analysis

8.3.1.2.2.           By Application Market Share Analysis

8.3.2.    United Kingdom Chicory Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type Market Share Analysis

8.3.2.2.2.           By Application Market Share Analysis

8.3.3.    Italy Chicory Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type Market Share Analysis

8.3.3.2.2.           By Application Market Share Analysis

8.3.4.    Germany Chicory Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type Market Share Analysis

8.3.4.2.2.           By Application Market Share Analysis

8.3.5.    Spain Chicory Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type Market Share Analysis

8.3.5.2.2.           By Application Market Share Analysis

9.    South America Chicory Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Application Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Argentina Chicory Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type Market Share Analysis

9.3.1.2.2.           By Application Market Share Analysis

9.3.2.    Colombia Chicory Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type Market Share Analysis

9.3.2.2.2.           By Application Market Share Analysis

9.3.3.    Brazil Chicory Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type Market Share Analysis

9.3.3.2.2.           By Application Market Share Analysis

10. Middle East & Africa Chicory Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Application Market Share Analysis

10.2.3. By Country Market Share Analysis

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Chicory Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type Market Share Analysis

10.3.1.2.2.         By Application Market Share Analysis

10.3.2. Saudi Arabia Chicory Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type Market Share Analysis

10.3.2.2.2.         By Application Market Share Analysis

10.3.3. UAE Chicory Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type Market Share Analysis

10.3.3.2.2.         By Application Market Share Analysis

10.3.4. Turkey Chicory Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type Market Share Analysis

10.3.4.2.2.         By Application Market Share Analysis

11. Market Dynamics

11.1.            Drivers

11.2.            Challenges

12. Impact of COVID-19 on Global Chicory Market

12.1.            Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Region Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.            Company Profiles

14.1.1. Cargill, Incorporated

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Delecto Foods Private Limited

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Starwest Botanicals, LLC

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Pioneer Chicory

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Nature's Gold

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. Organic Herb Trading Ltd

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. STOKROS company Ltd

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. Farmvilla Food Industries Private Limited

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. Shaanxi Sciphar Natural Products Co., Ltd.

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.               PMV Nutrient Pvt. Ltd.

14.1.10.1.  Company Details

14.1.10.2.  Products

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.            Key Focus Areas

15.2.            Target By Type

15.3.            Target By Application

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Chicory Market was estimated to be USD 664.01 million in 2023.

Major drivers for the global chicory market include rising demand for caffeine-free coffee substitutes, increasing awareness of digestive health benefits, growing interest in functional foods, and preference for natural, plant-based ingredients.

Key trends in the global chicory market include the popularity of chicory coffee, increased use in functional foods, demand for plant-based ingredients, and innovations in sustainable chicory cultivation and processing.

The global chicory market faces challenges like limited consumer awareness, supply chain constraints in cultivation and processing, competition from alternative fibers and prebiotics, and price volatility due to regional production dependency.

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