Chicory is a somewhat woody, perennial herbaceous plant of the dandelion family Asteraceae, usually with bright blue flowers, rarely white or pink. Many varieties are cultivated for salad leaves, chicons (blanched buds), or roots, which are baked, ground, and used as a coffee substitute and food additive. In the 21st century, inulin, an extract from chicory root, has been used in food manufacturing as a sweetener and source of dietary fiber.
One driver in the market is growing influence of organized retailing. Organized retailers have grown worldwide with the establishment of supermarkets, hypermarkets, and specialty stores. Ready-to-eat packaged food and beverages are primarily sold by large organized retailers, as vendors in the market are highly dependent on large organized retailers.
The growing popularity of cold beverages such as soft drinks, carbonated drinks, nutritional and energy drinks, iced tea, and cold coffee has been the major challenge for the global ground chicory market over the past decade. Besides, with the advent of energy drinks like Stokely-Van Camp's Gatorade and RED BULL, the consumption of ground chicory-based hot drinks have seen a slight decline in several developed markets across the world.
EMEA is expected to be the major revenue contributor to the ground chicory market throughout the forecast period. The growing awareness of health benefits of ground chicory drinks will drive the demand for ground chicory in this region. Also, the increasing number of supermarkets and hypermarkets and food specialist stores will drive the growth of the chicory coffee market.
The global Ground Chicory market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Ground Chicory market based on company, product type, end user and key regions.
This report studies the global market size of Ground Chicory in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Ground Chicory in these regions.
This research report categorizes the global Ground Chicory market by top players/brands, region, type and end user. This report also studies the global Ground Chicory market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
COSUCRA
Leroux
Reily Foods Company
Royal Cosun
Südzucker
Market size by Product
Chicory Flour
Chicory Root
Market size by End User
Beverage
Food
Pharmaceutical and Nutraceutical
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Ground Chicory market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Ground Chicory market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Ground Chicory companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Ground Chicory submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Ground Chicory are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Ground Chicory market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Ground Chicory. Industry analysis & Market Report on Ground Chicory is a syndicated market report, published as Global Ground Chicory Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Ground Chicory market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.