Chicory

Global Chicory Market to Reach US$1.0 Billion by 2030

The global market for Chicory estimated at US$818.7 Million in the year 2024, is expected to reach US$1.0 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2024-2030. Instant Chicory Powder, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$540.4 Million by the end of the analysis period. Growth in the Roasted Chicory segment is estimated at 4.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$220.7 Million While China is Forecast to Grow at 7.4% CAGR

The Chicory market in the U.S. is estimated at US$220.7 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$217.9 Million by the year 2030 trailing a CAGR of 7.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.2% and 2.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.0% CAGR.

Chicory- Key Trends and Drivers

Chicory is a perennial plant known for its vibrant blue flowers and a long history of culinary and medicinal use. The plant`s roots, leaves, and flowers are all utilized in various applications. The roots are often roasted and ground as a caffeine-free coffee substitute or additive, while the leaves, commonly known as endive, are used in salads and cooking. Chicory is rich in inulin, a type of prebiotic fiber that promotes gut health, and is also valued for its potential health benefits, including aiding digestion, reducing inflammation, and supporting weight loss. Its versatility and nutritional profile make it a popular choice among health-conscious consumers and culinary enthusiasts alike.

In recent years, the demand for chicory has surged due to its health benefits and its role as a coffee substitute amid growing health trends. The increasing awareness of the negative effects of excessive caffeine consumption has led many consumers to seek alternatives, with chicory coffee emerging as a popular choice. Additionally, chicory`s high inulin content has made it a favored ingredient in the health food industry, particularly in products aimed at improving digestive health. Chicory leaves and roots are also being incorporated into a variety of functional foods and beverages, ranging from dietary supplements to innovative snacks. The plant`s adaptability to various climatic conditions and its role in sustainable agriculture further contribute to its rising popularity.

The growth in the chicory market is driven by several factors. Technological advancements in food processing have enabled the production of high-quality chicory products with enhanced taste and nutritional value. The increasing consumer preference for natural and plant-based foods has significantly boosted the demand for chicory as a versatile ingredient. Additionally, the expanding market for functional foods and beverages, particularly those targeting digestive health, has propelled the use of chicory in various formulations. The rise of the wellness industry and the shift towards healthier lifestyles have also played a crucial role in driving market growth. Moreover, the expansion of distribution channels, including online retail and specialty health food stores, has made chicory products more accessible to a global audience. Collectively, these factors are fueling the robust growth of the chicory market, reflecting a significant shift in consumer preferences towards healthier and more sustainable food options.

SCOPE OF STUDY:

The report analyzes the Chicory market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Instant Chicory Powder, Roasted Chicory, Chicory Extracts, Chicory Flours, Other Types); Form (Powder Form, Liquid Form, Cubes Form); Application (Food & Beverage Application, Dietary Supplement Application, Feed & Pet Food Application, Cosmetics & Personal Care Application)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 48 Featured) -

• BENEO GmbH
• Cargill Inc
• Cosucra Groupe Warcoing SA
• Delecto Foods Pvt., Ltd
• Farmvilla Food Industries Pvt Ltd
• Herbs And Crops Overseas
• Leo Coffee
• Murlikrishna Foods Pvt Ltd
• Nature`s Gold Production
• Pioneer Chicory
• PMV Nutrient Pvt. Ltd.
• Reily Foods Company
• Sensus
• Sri Narasu`s Coffee Company Private Limited
• Starwest Botanicals, Inc.
• STOKROS Company Ltd.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

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