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

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

Status : July, 2020 | Food and Beverages | PPT format

Report Digest

Global Jicama Market: Overview 

The jicama market is expected to enjoy a steady growth in the near future, thanks to the rising consumer awareness regarding health benefits of jicama. 

Jicama is a special fruit that is mainly grown in region. It is a rich source of potassium, vitamin and magnesium. Owing to this, it helps in maintaining blood pressure and reduces blood vessels and arteries blockage. The fruit is greatly advisable to those having cardiovascular problems. Along with this, regular consumption of jicama is good for the brain and increases brain function and cognitive abilities.  

Global Jicama Market: Notable Developments           

Some of the notable developments in the global jicama market are – 

Researchers in the jicama market have found that Acid thinned jicama starches could be a better fat substitute in stirred yogurt. This is expected to increase application scope of jicama. 

Similarly, researchers also found that freshness of jicama last long when kept at 13C and 20C. At this temperature they maintain good external visual quality and a white crisp pulp. This will help manufacturer offer fresh jicama to consumers. 

Global Jicama Market: Key Trends 

The global jicama market is expected to rise at a significant rate in the coming few years. One prominent growth drivers in the global jicama market is increasing awareness among consumers. This is increasing the demand for jicama globally. The players in the jicama market have responded equally by increasing production. 

Apart from this, increasing production of jicama globally is another strong factor expected to drive the global jicama market. 

However, despite several opportunities and drivers, growth in the jicama market is likely to hamper owing to the fluctuating price of jicama. This is because price fluctuation directly affect process of end products made from jicama as well. This will influence growth negatively in the jicama market during the forecast period. 

Nevertheless to overcome these restrain factors, players in the jicama market are coming up with new concepts such as launch to  new organic jicama products. This is expected to raise demand for jicama among consumers.

Further, government agencies across the global are promoting organic food products so as to encourage farmer to indulge in chemical free farming. The increasing health consciousness among consumers is a prominent factor expected to proper the global jicama market during the forecast period. 

Global Jicama Market: Regional Outlook 

The global jicama market is divided into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all these region, North America is expected to hold maximum share in the coming few years. This is mainly due to the presence of several prominent players in the region. The revenue generated by these players in the region will fuel growth in the region.   

Some of the most prominent competitors operating in the competitive landscape of global jicama market include –

  • Albert’s Organics
  • Kitazawa Seed Company
  • United Produce
  • Vega Produce

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

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

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.