Global Chicory Market 2020 | Segmentation, Outlook, Industry Report to 2026

Posted by nabeel on January 4th, 2021

The global chicory market is anticipated to grow at a CAGR of 3.8% over the forecast period (2020-2026). The key factor that drives the growth of the market includes the consumption of chicory products owing to its several health benefits. Chicory products are mostly consumed as a pharmaceutical product for the treatment of various diseases. The seeds are primarily used for the treatment of numerous liver diseases in combination with commercial products (Jigrine).

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The roots are often consumed for getting relieved from modest digestive disorders including abdominal fullness, temporary loss of appetite, the feeling of flatulence, and slow digestion. Whereas, the stems, leaves, and roots of chicory are used as an ingredient in the tea to treat jaundice. 

Furthermore, the chicory syrup is given to infants in form of tonic and as tumors & cancer of uterus remedies in people. Lately, the chicory has also been successful in treating malaria destined having pound like lactucopicrin and lactone lactucin. Besides, other characteristics of chicory include anti-oxidant and anti-inflammatory activity owing to the presence of various polyphenolic compounds. Such benefits offered by it tend to enhance its consumption and hence drive the global chicory industry growth.

Market Coverage

• Market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Product Type and Application
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- BENEO GmbH, Cargill Inc., Delecto Foods Pvt. Ltd., Farmvilla Food Industries Pvt. Ltd., Pioneer Chicory, and STOKROS Co. Ltd.

Global Chicory Market – Segmentation

By Product Type

• Chicory Roots
• Chicory Leaf

By Application

• Food & Beverages
• Pharmaceuticals & Dietary Supplements

Global Chicory Market – Segmentation by Region

North America

• US

Europe

• Belgium
• France
• Poland
• The Netherlands

Asia-Pacific

• Thailand
• India
• Others

Rest of the World

• South Africa

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