Artichokes Market Size to Surpass US$ 4,464.1 million by 2027
Category: #business  By Partha Ray  Date: 2020-06-25
  • share
  • Twitter
  • Facebook
  • LinkedIn

Artichokes Market Size to Surpass US$ 4,464.1 million by 2027

According to the research report titled ‘Artichokes Market to 2027 - Global Analysis and Forecasts By Origin; Product Type, Application, available with Market Study Report LLC, global artichokes market reached a valuation of USD 3,048.1 million in the year 2018 and is reckoned to witness a y-o-y growth rate of 4.4% during the forecast period, subsequently accounting for USD  4,464.1 million by the year 2027.

For the uninitiated, artichoke is a plant from the sunflower family and is generally produced in countries around the Mediterranean region. Flower buds of the plant are consumed when immature and the tender base of the bud is rich and pleasant in taste.

Shifting focus towards healthy lifestyle and increasing consumption of innovative food products are major factors driving the artichokes market. The product is a rich source of vitamin C, magnesium, folate, fiber, antioxidants and chromium. Moreover, rising research activities in order to identify medical properties of artichokes is further aiding the market expansion.

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2430884/

Mounting adoption of jarred or fresh artichokes in numerous cuisines such as pastas and salad is also stimulating the industry outlook. The product is widely used as topping in pizzas as well as in tarts and dips. Artichoke is roasted, grilled, steamed boiled with different flavors and sauces in regions such as Armenia, Turkey, Middle East and North Africa to prepare novel dishes.

Authentic and traditional recipes of artichoke were made in Egypt, Ireland, Turkey, Spain and Italy. For instance, an Italian artichoke stuffing is usually made up of sausage, prosciutto, grated cheese, parsley, oregano, garlic and breadcrumbs. Notably, seasonal availability of the product has enhanced the demand for processed or frozen artichokes, which in turn is fueling the market growth.

As per type, the market is split into globe artichokes and elongated artichokes. Globe artichokes segment is further classified into green globe, big heart, baby Anzio and others. On the other hand, elongated artichokes segment is bifurcated into Siena and others. Based on application spectrum, global artichokes market is divided into pharmaceutical, food, liqueur and others.

Regionally, Italy artichokes market is projected to grow substantially over the forecast timeframe. Rapid globalization, favorable tax regulations, employment laws and government stability are also positively impacting the growth of artichoke market in Italy.

The major contenders in global artichokes market are Herrawi Group, Olé!, Ocean Mist, Sa Marigosa Societa Consortile A.r.l., Master Fruit S.r.l., Gaia Herbs, Agro T18 Italia Srl and Caprichos del Paladar among others.

Question & Answer: Global Artichokes Market

Question 1: What factors are fueling the growth of artichokes market?

Answer: Shifting focus towards healthy lifestyle and increasing consumption of innovative food products are prime factors driving global artichokes market growth.

Question 2: How will seasonal availability of artichokes contribute towards the market growth?

Answer: Seasonal availability of the product has enhanced the demand for processed or frozen artichokes, which in turn is fueling the market growth.

Question 3: How is the competitive landscape of global artichokes market defined?

Answer: The major contenders in global artichokes market are Herrawi Group, Olé!, Ocean Mist, Sa Marigosa Societa Consortile A.r.l., Master Fruit S.r.l., Gaia Herbs, Agro T18 Italia Srl and Caprichos del Paladar among others.

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report LLC

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: [email protected]

Website: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

...

Read More

More News By Partha Ray

Fluorochemical Market Trends- Industry Analysis, Share, Growth, Product, Top Key Players and Forecast 2024
Fluorochemical Market Trends- Industry Analysis, Share, Growth, Product, Top Key Players and Forecast 2024
By Partha Ray

According to the research report titled ‘Global Fluorochemical Market (Value, Volume): World Market Review By Product Type, By Application, By End User Industry (2019 Edition): Opportunities and Forecast (2019-2024) - By Country, available with...

Colorants Market by Size, Growth, Opportunity and Forecast to 2024
Colorants Market by Size, Growth, Opportunity and Forecast to 2024
By Partha Ray

According to the research report titled ‘Global Colorants Market - Analysis By Product Type, Source, End-User Industry, By Region, By Country (2019 Edition): Opportunities and Forecast (2019-2024)’, available with Market Study Report LLC,...

Cigarette Market Size, Share, Growth, Trend, Demand, Top Players, Opportunities and Forecast to 2024
Cigarette Market Size, Share, Growth, Trend, Demand, Top Players, Opportunities and Forecast to 2024
By Partha Ray

As per the report titled ‘Global Cigarette Market (Value, Volume) - Analysis By Price, Market Share, Distribution Channel, By Region, By Country (2020 Edition): Market Insight, Competition and Forecast (2019-2024)-.’, available with Marke...