Chicory powder is produced from the chicory root. Chicory root is obtained from a plant with bright blue flowers that belongs to the dandelion family. The fiber from chicory root is claimed to have numerous health benefits and often extracted for use as a supplement or food additive. Chicory powder is primarily composed of inulin, which is prebiotic that encourages the growth of healthy gut bacteria. As the inulin in chicory root fiber passes through the human body undigested and feeds the gut bacteria, it may promote healthy digestion. Due to its inulin content, chicory root fiber helps in curing constipation and increase stool frequency. Chicory root fiber also boosts blood sugar control, especially in people with diabetes.
MARKET DYNAMICS
The chicory powder market has witnessed significant growth owing to factors such as rising demand for functional food and increasing health consciousness among the consumers. Moreover, a substantial shift of consumers in developed and developing countries towards a healthy lifestyle and food provides huge market opportunities for the key players in the market. However, less awareness among the consumer in developing countries regarding its availability, usage, and consumption is projected to hamper the overall growth of the chicory powder market.
MARKET SCOPE
The Global Chicory Powder Market Analysis to 2031 is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the chicory powder market with detailed market segmentation by product, application and geography. The global chicory powder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading chicory powder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global chicory powder market is segmented on the basis of product and application. On the basis of product, the chicory powder market is segmented into dried chicory powder, instant chicory powder, chicory extract powder, and roasted chicory powder. Based on applictaion the market is segmented into food and beverage industry, healthcare industry, dietary supplements and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global chicory powder market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The chicory powder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the chicory powder market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the chicory powder market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global chicory powder market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The chicory powder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the chicory powder market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the chicory powder market in these regions.
MARKET PLAYERS
The reports cover key developments in the chicory powder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from chicory powder market are anticipated to lucrative growth opportunities in the future with the rising demand for chicory powder in the global market. Below mentioned is the list of few companies engaged in the chicory powder market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chicory powder market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Anwel Life Sciences Pvt.Ltd
- Farmvilla Food Industries Pvt
- Guangzhou Zeyu Biotechnology Co., Ltd
- Kingherbs
- Perennial Lifesciences Pvt
- Pioneer Chicory
- Qingdao Oriental Tongxiang Co.,Ltd
- RKAgroexportPrivateLimited
- SV Agrofood
- Xian Day Natural Tech Co., Ltd
- Vokin Biotech Private Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Chicory Powder Market - By Product
1.3.2Chicory Powder Market - By Application
1.3.3Chicory Powder Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.CHICORY POWDER MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.CHICORY POWDER MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.CHICORY POWDER MARKET - GLOBAL MARKET ANALYSIS
6.1.CHICORY POWDER - GLOBAL MARKET OVERVIEW
6.2.CHICORY POWDER - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.CHICORY POWDER MARKET - REVENUE AND FORECASTS TO 2028 " PRODUCT
7.1.OVERVIEW
7.2.PRODUCT MARKET FORECASTS AND ANALYSIS
7.3.DRIED CHICORY POWDER
7.3.1.Overview
7.3.2.Dried Chicory Powder Market Forecast and Analysis
7.4.INSTANT CHICORY POWDER
7.4.1.Overview
7.4.2.Instant Chicory Powder Market Forecast and Analysis
7.5.CHICORY EXTRACT POWDER
7.5.1.Overview
7.5.2.Chicory Extract Powder Market Forecast and Analysis
7.6.ROASTED CHICORY POWDER
7.6.1.Overview
7.6.2.Roasted Chicory Powder Market Forecast and Analysis
8.CHICORY POWDER MARKET - REVENUE AND FORECASTS TO 2028 " APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.FOOD AND BEVERAGE INDUSTRY
8.3.1.Overview
8.3.2.Food and Beverage Industry Market Forecast and Analysis
8.4.HEALTHCARE INDUSTRY
8.4.1.Overview
8.4.2.Healthcare Industry Market Forecast and Analysis
8.5.DIETARY SUPPLEMENTS
8.5.1.Overview
8.5.2.Dietary Supplements Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.CHICORY POWDER MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Chicory Powder Market Overview
9.1.2North America Chicory Powder Market Forecasts and Analysis
9.1.3North America Chicory Powder Market Forecasts and Analysis - By Product
9.1.4North America Chicory Powder Market Forecasts and Analysis - By Application
9.1.5North America Chicory Powder Market Forecasts and Analysis - By Countries
9.1.5.1United States Chicory Powder Market
9.1.5.1.1United States Chicory Powder Market by Product
9.1.5.1.2United States Chicory Powder Market by Application
9.1.5.2Canada Chicory Powder Market
9.1.5.2.1Canada Chicory Powder Market by Product
9.1.5.2.2Canada Chicory Powder Market by Application
9.1.5.3Mexico Chicory Powder Market
9.1.5.3.1Mexico Chicory Powder Market by Product
9.1.5.3.2Mexico Chicory Powder Market by Application
9.2.EUROPE
9.2.1Europe Chicory Powder Market Overview
9.2.2Europe Chicory Powder Market Forecasts and Analysis
9.2.3Europe Chicory Powder Market Forecasts and Analysis - By Product
9.2.4Europe Chicory Powder Market Forecasts and Analysis - By Application
9.2.5Europe Chicory Powder Market Forecasts and Analysis - By Countries
9.2.5.1Germany Chicory Powder Market
9.2.5.1.1Germany Chicory Powder Market by Product
9.2.5.1.2Germany Chicory Powder Market by Application
9.2.5.2France Chicory Powder Market
9.2.5.2.1France Chicory Powder Market by Product
9.2.5.2.2France Chicory Powder Market by Application
9.2.5.3Italy Chicory Powder Market
9.2.5.3.1Italy Chicory Powder Market by Product
9.2.5.3.2Italy Chicory Powder Market by Application
9.2.5.4United Kingdom Chicory Powder Market
9.2.5.4.1United Kingdom Chicory Powder Market by Product
9.2.5.4.2United Kingdom Chicory Powder Market by Application
9.2.5.5Russia Chicory Powder Market
9.2.5.5.1Russia Chicory Powder Market by Product
9.2.5.5.2Russia Chicory Powder Market by Application
9.2.5.6Rest of Europe Chicory Powder Market
9.2.5.6.1Rest of Europe Chicory Powder Market by Product
9.2.5.6.2Rest of Europe Chicory Powder Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Chicory Powder Market Overview
9.3.2Asia-Pacific Chicory Powder Market Forecasts and Analysis
9.3.3Asia-Pacific Chicory Powder Market Forecasts and Analysis - By Product
9.3.4Asia-Pacific Chicory Powder Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Chicory Powder Market Forecasts and Analysis - By Countries
9.3.5.1Australia Chicory Powder Market
9.3.5.1.1Australia Chicory Powder Market by Product
9.3.5.1.2Australia Chicory Powder Market by Application
9.3.5.2China Chicory Powder Market
9.3.5.2.1China Chicory Powder Market by Product
9.3.5.2.2China Chicory Powder Market by Application
9.3.5.3India Chicory Powder Market
9.3.5.3.1India Chicory Powder Market by Product
9.3.5.3.2India Chicory Powder Market by Application
9.3.5.4Japan Chicory Powder Market
9.3.5.4.1Japan Chicory Powder Market by Product
9.3.5.4.2Japan Chicory Powder Market by Application
9.3.5.5South Korea Chicory Powder Market
9.3.5.5.1South Korea Chicory Powder Market by Product
9.3.5.5.2South Korea Chicory Powder Market by Application
9.3.5.6Rest of Asia-Pacific Chicory Powder Market
9.3.5.6.1Rest of Asia-Pacific Chicory Powder Market by Product
9.3.5.6.2Rest of Asia-Pacific Chicory Powder Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Chicory Powder Market Overview
9.4.2Middle East and Africa Chicory Powder Market Forecasts and Analysis
9.4.3Middle East and Africa Chicory Powder Market Forecasts and Analysis - By Product
9.4.4Middle East and Africa Chicory Powder Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Chicory Powder Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Chicory Powder Market
9.4.5.1.1South Africa Chicory Powder Market by Product
9.4.5.1.2South Africa Chicory Powder Market by Application
9.4.5.2Saudi Arabia Chicory Powder Market
9.4.5.2.1Saudi Arabia Chicory Powder Market by Product
9.4.5.2.2Saudi Arabia Chicory Powder Market by Application
9.4.5.3U.A.E Chicory Powder Market
9.4.5.3.1U.A.E Chicory Powder Market by Product
9.4.5.3.2U.A.E Chicory Powder Market by Application
9.4.5.4Rest of Middle East and Africa Chicory Powder Market
9.4.5.4.1Rest of Middle East and Africa Chicory Powder Market by Product
9.4.5.4.2Rest of Middle East and Africa Chicory Powder Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Chicory Powder Market Overview
9.5.2South and Central America Chicory Powder Market Forecasts and Analysis
9.5.3South and Central America Chicory Powder Market Forecasts and Analysis - By Product
9.5.4South and Central America Chicory Powder Market Forecasts and Analysis - By Application
9.5.5South and Central America Chicory Powder Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Chicory Powder Market
9.5.5.1.1Brazil Chicory Powder Market by Product
9.5.5.1.2Brazil Chicory Powder Market by Application
9.5.5.2Argentina Chicory Powder Market
9.5.5.2.1Argentina Chicory Powder Market by Product
9.5.5.2.2Argentina Chicory Powder Market by Application
9.5.5.3Rest of South and Central America Chicory Powder Market
9.5.5.3.1Rest of South and Central America Chicory Powder Market by Product
9.5.5.3.2Rest of South and Central America Chicory Powder Market by Application
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.CHICORY POWDER MARKET, KEY COMPANY PROFILES
11.1.ANWEL LIFE SCIENCES PVT.LTD
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.FARMVILLA FOOD INDUSTRIES PVT
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.GUANGZHOU ZEYU BIOTECHNOLOGY CO., LTD
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.KINGHERBS
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.PERENNIAL LIFESCIENCES PVT
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.PIONEER CHICORY
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.QINGDAO ORIENTAL TONGXIANG CO.,LTD
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.RKAGROEXPORTPRIVATELIMITED
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.SV AGROFOOD
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.XIAN DAY NATURAL TECH CO., LTD
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
11.11.VOKIN BIOTECH PRIVATE LIMITED
11.11.1.Key Facts
11.11.2.Business Description
11.11.3.Products and Services
11.11.4.Financial Overview
11.11.5.SWOT Analysis
11.11.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. Anwel Life Sciences Pvt.Ltd
2. Farmvilla Food Industries Pvt
3. Guangzhou Zeyu Biotechnology Co., Ltd
4. Kingherbs
5. Perennial Lifesciences Pvt
6. Pioneer Chicory
7. Qingdao Oriental Tongxiang Co.,Ltd
8. RKAgroexportPrivateLimited
9. SV Agrofood
10. Xian Day Natural Tech Co., Ltd
11. Vokin Biotech Private Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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