Artichokes Market
PUBLISHED: 2021 ID: SMRC20888
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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

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5.0 (71 reviews)
Published: 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.

Table of Contents

1 Executive Summary      
        
2 Preface       

 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis     
 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints      
 3.4 Opportunities     
 3.5 Threats      
 3.6 Product Analysis     
 3.7 Application Analysis     
 3.8 End User Analysis     
 3.9 Emerging Markets     
 3.10 Impact of Covid-19     
        
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes     
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
        
5 Global Artichokes Market, By Category    
 5.1 Introduction     
 5.2 Conventional     
 5.3 Organic      
        
6 Global Artichokes Market, By Product    
 6.1 Introduction     
 6.2 Elongated Artichokes    
  6.2.1 Chianti     
  6.2.2 Fiesole     
  6.2.3 King     
  6.2.4 Mercury     
  6.2.5 Omaha     
  6.2.6 Siena     
 6.3 Globe Artichokes     
  6.3.1 Baby Anzio    
  6.3.2 Big Heart     
  6.3.3 Green Globe    
        
7 Global Artichokes Market, By Application    
 7.1 Introduction     
 7.2 Beverages Processing    
 7.3 Direct Consumption     
 7.4 Food Processing     
 7.5 Pharmaceutical Industry    
        
8 Global Artichokes Market, By End User    
 8.1 Introduction     
 8.2 Cooking      
 8.3 Dietary Supplements     
 8.4 Genome      
 8.5 Herbal Tea     
 8.6 Liqueur      
 8.7 Medical Research     
 8.8 Personal Care     
        
9 Global Artichokes Market, By Sales Channel   
 9.1 Introduction     
 9.2 Direct Sales     
 9.3 Distributors     
        
10 Global Artichokes Market, By Geography    
 10.1 Introduction     
 10.2 North America     
  10.2.1 US     
  10.2.2 Canada     
  10.2.3 Mexico     
 10.3 Europe      
  10.3.1 Germany     
  10.3.2 UK     
  10.3.3 Italy     
  10.3.4 France     
  10.3.5 Spain     
  10.3.6 Rest of Europe    
 10.4 Asia Pacific     
  10.4.1 Japan     
  10.4.2 China     
  10.4.3 India     
  10.4.4 Australia     
  10.4.5 New Zealand    
  10.4.6 South Korea    
  10.4.7 Rest of Asia Pacific    
 10.5 South America     
  10.5.1 Argentina     
  10.5.2 Brazil     
  10.5.3 Chile     
  10.5.4 Rest of South America   
 10.6 Middle East & Africa     
  10.6.1 Saudi Arabia    
  10.6.2 UAE     
  10.6.3 Qatar     
  10.6.4 South Africa    
  10.6.5 Rest of Middle East & Africa   
        
11 Key Developments      
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 11.2 Acquisitions & Mergers    
 11.3 New Product Launch      
 11.4 Expansions     
 11.5 Other Key Strategies     
        
12 Company Profiling      
 12.1 Agro T18 Italia Srl     
 12.2 Al Jawhara Group     
 12.3 Campo de Lorca     
 12.4 Caprichos del Paladar    
 12.5 Gaia Herbs     
 12.6 General Mills     
 12.7 Herrawi Group     
 12.8 Hijos De Joaquìn Rodrìguez SL   
 12.9 Master Fruit Srl      
 12.10 Ocean Mist      
 12.11 Ole      
 12.12 Societa Semplice Agricola F.lli Piras   
 12.13 The Sa Marigosa Op      


List of Tables       
1 Global Artichokes Market Outlook, By Region (2019-2028) (US $MN)  
2 Global Artichokes Market Outlook, By Category (2019-2028) (US $MN)  
3 Global Artichokes Market Outlook, By Conventional (2019-2028) (US $MN)  
4 Global Artichokes Market Outlook, By Organic (2019-2028) (US $MN)  
5 Global Artichokes Market Outlook, By Product (2019-2028) (US $MN)  
6 Global Artichokes Market Outlook, By Elongated Artichokes (2019-2028) (US $MN) 
7 Global Artichokes Market Outlook, By Chianti (2019-2028) (US $MN)  
8 Global Artichokes Market Outlook, By Fiesole (2019-2028) (US $MN)  
9 Global Artichokes Market Outlook, By King (2019-2028) (US $MN)  
10 Global Artichokes Market Outlook, By Mercury (2019-2028) (US $MN)  
11 Global Artichokes Market Outlook, By Omaha (2019-2028) (US $MN)  
12 Global Artichokes Market Outlook, By Siena (2019-2028) (US $MN)  
13 Global Artichokes Market Outlook, By Globe Artichokes (2019-2028) (US $MN) 
14 Global Artichokes Market Outlook, By Baby Anzio (2019-2028) (US $MN)  
15 Global Artichokes Market Outlook, By Big Heart (2019-2028) (US $MN)  
16 Global Artichokes Market Outlook, By Green Globe (2019-2028) (US $MN)  
17 Global Artichokes Market Outlook, By Application (2019-2028) (US $MN)  
18 Global Artichokes Market Outlook, By Beverages Processing (2019-2028) (US $MN) 
19 Global Artichokes Market Outlook, By Direct Consumption (2019-2028) (US $MN) 
20 Global Artichokes Market Outlook, By Food Processing (2019-2028) (US $MN) 
21 Global Artichokes Market Outlook, By Pharmaceutical Industry (2019-2028) (US $MN) 
22 Global Artichokes Market Outlook, By End User (2019-2028) (US $MN)  
23 Global Artichokes Market Outlook, By Cooking (2019-2028) (US $MN)  
24 Global Artichokes Market Outlook, By Dietary Supplements (2019-2028) (US $MN) 
25 Global Artichokes Market Outlook, By Genome (2019-2028) (US $MN)  
26 Global Artichokes Market Outlook, By Herbal Tea (2019-2028) (US $MN)  
27 Global Artichokes Market Outlook, By Liqueur (2019-2028) (US $MN)  
28 Global Artichokes Market Outlook, By Medical Research (2019-2028) (US $MN) 
29 Global Artichokes Market Outlook, By Personal Care (2019-2028) (US $MN)  
30 Global Artichokes Market Outlook, By Sales Channel (2019-2028) (US $MN)  
31 Global Artichokes Market Outlook, By Direct Sales (2019-2028) (US $MN)  
32 Global Artichokes Market Outlook, By Distributors (2019-2028) (US $MN)  
        
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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