Chicory Product Market
Chicory Product Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Chicory Product Market Size and Growth
The chicory product market is experiencing robust growth, driven by increasing consumer demand for natural health products. As of 2023, the market size is estimated at approximately $500 million, with projections indicating significant expansion due to rising applications in food and beverage sectors, dietary supplements, and herbal remedies.
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Companies Covered
(Covid 19 Impact Covered)
◍ BENEO
◍ Cosucra
◍ Sensus
◍ Leroux
◍ Violf
◍ PMV Nutrient Products
◍ FARMVILLA
The chicory product market features companies like BENEO, Cosucra, and Sensus, focusing on chicory root fibers and extracts. They enhance market growth through innovative applications in food and beverages, promoting health benefits. Sales revenue highlights include:
- BENEO: €830 million
- Cosucra: €95 million
- Sensus: €90 million
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Market Segmentation
By Application
Beverage Industry
Food industry ◍ Health Care Products and Medicines
By Product
Chicory Flour
Roasted Chicory
Chicory Inulin
Others
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Market Growth
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$ X Billion USD
