Artichokes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Artichokes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : May, 2021 | Food and Beverages

Report Digest

Global Artichokes Market: Overview

Several botanists have studied the properties of edible plants over the years. This has led them to discover the health benefits of these plants, quite apparently for animals, and selectively for humans. Artichoke has also gained popularity due to increased spending on botanical and medical research. It is expected that the global artichokes market would expand at a sturdy pace in the years to follow. Research studies suggest that the nutritional value of artichokes is higher relative to other edible flowers and plants. This factor has also played a defining role in unshackling fresh growth avenues for the market.

The increasing incidence of cardiovascular diseases is daunting the medical fraternity. As medical practitioners become assertive about the need for behavioural changes, there is growing demand for healthy food options. This factor, coupled with the popularity of vegan diets, has given a thrust to market growth. Furthermore, artichokes are also used to manufacture various liqueur. The world-famous Italian liqueur, Cynar, is manufactured from fermented artichokes. There is, therefore, enough reason to believe that the market would mature at a decent pace in the years to follow.

A syndicate reports on the global artichokes market gives interesting facts and figures pertaining to market growth. The global artichokes market can be segmented on the basis of the following parameters: origin, product type, application, and region. Organic artichokes are expected to outproduce conventional artichokes in the coming years. Evidently, this projection is based on the growing popularity of organic products and foods.

Global Artichokes Market: Notable Developments

Research related to cardiovascular diseases and anticancer food has created new avenues for growth across the artichokes market.

  • The use of artichoke leaves in culinary and cuisines has helped numerous market vendors. Several new food recipes focus on seasoning the dish with artichoke leaves and beads. Several food and lifestyle magazines and newspapers such as The Guardian publish article about the uses of artichokes leaves, thereby spreading awareness about the benefits. This trend has taken the form of indirect marketing for the market players.
  • The need to optimize farm produce and reduce leftovers has also played to the advantage of the market players. Perennial artichokes are often left behind to rot in the field, and this practice is being called out across the globe. This factor shall result in better procurement opportunities for vendors operating in the global artichokes market.

Some of the prominent players in the global artichokes market are:

  • Master Fruit SRL
  • Jawhara Foods
  • Hijos De Joaquín Rodríguez SL
  • Caprichos Del Paladar
  • Sirri Ustundag
  • Danda Global Trade

Global Artichokes Market: Growth Drivers

  • Health Benefits of Artichokes

The most prominent driver of demand within the global artichokes market is advancements in food science. Artichokes are believed to help in regulating blood pressure in humans, and this is a consideration for health-conscious individuals. Furthermore, digestive benefits of consuming processed artichoke have also given an impetus to market growth.

  • Increased Spending on Organic Supplements

As people strive to follow healthier lifestyles, the cumulative spending on natural supplements has increased. This factor has directly influenced the growth graph of the global artichokes market.

Global Artichokes Market: Regional Outlook

Cultivation of artichokes comes with a number of prerequisites, and they grow best in damp weather conditions. For this reason, coastal areas of North California have become commercial centres for artichoke cultivation. Furthermore, cultivation of artichokes in India is also gathering momentum in recent times.

The global artichokes market can be segmented on the basis of the following parameters:

By Origin

  • Organic Artichokes
  • Conventional Artichokes

By Product Type

  • Baby anzio
  • Big heart
  • Green globe
  • Siena
  • Mercury
  • Omaha
  • Chianti
  • Others

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?