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Artichokes Market

Artichokes Market Forecasts to 2028 – Global Analysis By Category (Conventional, Organic), Application (Beverages Processing, Direct Consumption, Food Processing, Pharmaceutical Industry) and By Geography

5.0 (71 reviews)
Published: August 2021 ID: SMRC20888
5.0 (71 reviews)
Published: August 2021 ID: SMRC20888

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Artichokes Market is accounted for $1,019.05 million in 2020 and is expected to reach $2,417.00 million by 2028 growing at a CAGR of 11.4% during the forecast period. Growing demand from end user industries and increasing focus on health and novelty food consumption among the people are the factors driving the market growth. However, the seasonal availability and concentrated production of artichokes is hampering the growth of the market.

Artichoke plant is a type of thorn, enduring blooms, and individual from the sunflower family. Artichokes are widely used in food application especially in salads and pastas. They are also used in dips, tarts and as toppings in pizza or other food.

Based on the application, the food processing segment is going to have lucrative growth during the forecast period due to the growing consumer inclination towards healthy food. By geography, Europe is going to have high growth during the forecast period due to the consumer’s awareness towards the uses and benefits of artichokes, and consumption of nutritional and organic food products.

Some of the key players profiled in the Artichokes Market include Agro T18 Italia Srl, Al Jawhara Group, Campo de Lorca, Caprichos del Paladar, Gaia Herbs, General Mills, Herrawi Group, Hijos De Joaquín Rodríguez SL, Master Fruit Srl, Ocean Mist, Ole, Societa Semplice Agricola F.lli Piras, and The Sa Marigosa Op.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 1,019.05 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

11.4%

Predicted 2028 Value:

USD 2,417.00 million

Forecast Years:

2021-2028

Tables, Graphs & Figures

198

Chapters Covered:

Category, Product, Application, End User, Sales Channel, and Region

Core Drivers and Opportunities:

  • Growing demand from end user industries
  • Increasing focus on health
  • Growing personal care and pharmaceutical industry

Restraining Factors & Market Threats:

  • Seasonal availability of artichokes
  • Concentrated production

  
Categories Covered:
• Conventional
• Organic

Products Covered:
• Elongated Artichokes
• Globe Artichokes   

Applications Covered:
• Beverages Processing
• Direct Consumption
• Food Processing
• Pharmaceutical Industry   

End Users Covered:
• Cooking
• Dietary Supplements
• Genome
• Herbal Tea
• Liqueur
• Medical Research
• Personal Care

Sales Channels Covered:
• Direct Sales
• Distributors

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2054 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Artichokes Market is majorly driven by growing demand from end user industries and increasing focus on health and novelty food consumption among the people.

The organic segment is growing at a highest CAGR owing to the growing consumer inclination towards natural and healthy food consumption.

Europe dominated with a significant market share due to the factors such as growing consumer awareness regarding the benefits of artichokes and increasing investments by various manufacturers.

North America market is growing at a highest CAGR owing to the growing food industry in the region.

Key players in Artichokes Market include Agro T18 Italia Srl, Al Jawhara Group, Campo de Lorca, Caprichos del Paladar, Gaia Herbs, General Mills, Herrawi Group, Hijos De Joaquín Rodríguez SL, Master Fruit Srl, Ocean Mist, Ole, Societa Semplice Agricola F.lli Piras, and The Sa Marigosa Op.

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