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Artichokes market size to grow by USD 260.16 thousand between 2022 and 2027; Growth driven by growing organized retail sector - Technavio

NEW YORK, April 17, 2023 -- The artichokes market size will grow by USD 260.16 thousand between 2022 and 2027, accelerating at a CAGR of 3.05% during the forecast period. The market is driven by the growing organized retail sector. Over the years, organized retailing has grown significantly worldwide with the establishment of several supermarkets, hypermarkets, and specialty stores. Hypermarkets and supermarkets are the two major offline distribution channels for fruits and vegetables, including artichokes. These stores have allowed customers to choose from a wide range of products. The rise in the number of organized retailers has created more shelf space for organic and inorganic artichokes. In addition, vendors are continuously strengthening their distribution networks through organized retail to drive more sales. All these factors are driving the growth of the market. The report also offers an up-to-date analysis regarding the current market scenario, the latest trends, and drivers. Request a sample report

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Artichokes Market 2023-2027: Vendor Analysis

The global artichokes market is concentrated. The market comprises several global, regional, and local players. Vendors are coming up with different new varieties of artichokes in the market. They are investing in research and development to develop new products and new packaging formats. Vendors are competing based on numerous factors, such as price, quality, innovation, and distribution. All these factors will intensify the competition in the market over the forecast period. Some of the key vendors covered in the report include:

  • CAPRICHOS DEL PALADAR SLU - The company offers artichoke products such as Artichoke Flower in Extra Virgin Olive Oil with no added oil, Artichoke Flower in Oil B40, and Artichoke bottoms confit in oil.
  • Del Monte Foods Inc. - The company offers artichoke products such as Whole Artichoke Hearts.
  • Dole plc - The company offers artichoke products such as Fresh Vegetable Artichoke.
  • Gaia Herbs Inc. - The company offers artichoke products such as Cleanse and Detox Herbal Tea, Liver Cleanse, and Liver Cleanse Herbal Tea.
  • General Mills Inc.
  • Greenyard NV
  • Hawaii Pharm LLC
  • Herrrawi Group
  • Master Fruit srl
  • Nutra Green Biotechnology Co. Ltd.
  • Ocean Mist Farms
  • Ole
  • Sa Marigosa Societa Consortile Arl
  • Semplice Agricola F.lli Piras
  • Kings Plant Barn

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Artichokes Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

  • Artichokes Market Size
  • Artichokes Market Trends
  • Artichokes Market Analysis

Artichokes Market 2023-2027: Key Trend

The increasing demand for organic fruits and vegetables is identified as the key trend in the market. Consumers worldwide are exhibiting an increased preference for organic fruits and vegetables owing to their health benefits. Organic food is gaining popularity as they are free from synthetic fertilizers, chemical pesticides, artificial substances, or genetic engineering. Organic farming also improves soil nutrients, resulting in high-quality agricultural products grown in such soils. The growing popularity of organic food has encouraged market players to offer food products made of organic artichokes. They are targeting customers that seek healthy food products made from flavorful and organic ingredients. This trend is expected to have a positive impact on the growth of the market during the forecast period.

For more extensive analysis of upcoming market trends, download a sample PDF.

Artichokes Market 2023-2027: Segmentation

  • End-user 
    • Food and Beverages
    • Pharmaceuticals
    • Personal Care and Cosmetics
  • By Product Type
    • Fresh
    • Canned
    • Frozen
  • Geography 
    • Europe
    • North America
    • Middle East and Africa
    • APAC
    • South America

The market growth in the food and beverages segment will be significant over the forecast period. The increased health consciousness among consumers has created a strong demand for healthy foods. In addition, changes in consumer lifestyles have led to a shift in the adoption of healthy eating habits. Artichokes-based food and beverages provide various health benefits when consumed in sufficient amounts. They help in preventing major diseases such as cancer. Artichokes are also great sources of vitamins such as C and K and many other dietary fibers such as folate. Such health benefits have increased the use of artichokes in the food and beverage industry, which is driving the growth of the segment.

Europe will account for 46% of the market growth during the forecast period. The growth of the regional market is driven by the high disposable income of the population and the increasing awareness regarding the health benefits of the consumption of fresh fruits and vegetables. In addition, factors such as the high production of artichokes in Italy and Spain, increased demand and consumption of artichokes, and rising import-export of artichokes drive the growth of the artichokes market in Europe.

Global, regional, and country-level market parameters extend growth opportunities. For
historic (2017 to 2021), and forecast (2023-2027) – Download a Sample Report

Artichokes Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will assist artichokes market growth during the next five years
  • Estimation of the artichokes market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the artichokes market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the artichokes market vendors

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  • The fruit pulp market in India is estimated to grow at a CAGR of 7.96% between 2022 and 2027. The size of the market is forecasted to increase by USD 151.3 million. The market is segmented by type (mango, strawberry, apple, guava, and others), and application (food and beverage).
  • The finger millet market is estimated to grow at a CAGR of 6.48% between 2022 and 2027. The size of the market is forecasted to increase by USD 4,683.93 million. The market is segmented by application (food source, fodder, and baking), distribution channel (offline and online), and geography (APAC, Middle East and Africa, Europe, South America, and North America).

Artichokes Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.05%

Market growth 2023-2027

USD 260.16 thousand

Market structure

Concentrated

YoY growth 2022-2023(%)

2.86

Regional analysis

Europe, North America, Middle East and Africa, APAC, and South America

Performing market contribution

Europe at 46%

Key countries

Egypt, Algeria, Italy, Spain, and Peru

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Anklam Extrakt GmbH, CAPRICHOS DEL PALADAR SLU, Del Monte Foods Inc., Dole plc, Gaia Herbs Inc., General Mills Inc., Greenyard NV, Hawaii Pharm LLC, Herrrawi Group, Master Fruit srl, Nutra Green Biotechnology Co. Ltd., Ocean Mist Farms, Ole, Sa Marigosa Societa Consortile Arl, Semplice Agricola F.lli Piras, and Kings Plant Barn

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global artichokes market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global artichokes market 2017 - 2021 (thousand t)
  • 4.2 End-user Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 (thousand t)
  • 4.3 Product Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 (thousand t)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (thousand t)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (thousand t)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

  • 6.1 Market segments 
    • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
  • 6.2 Comparison by End-user 
    • Exhibit 32: Chart on Comparison by End-user
    • Exhibit 33: Data Table on Comparison by End-user
  • 6.3 Food and beverages - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Food and beverages - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 35: Data Table on Food and beverages - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 36: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
  • 6.4 Pharmaceuticals - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Pharmaceuticals - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 39: Data Table on Pharmaceuticals - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 40: Chart on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
  • 6.5 Personal care and cosmetics - Market size and forecast 2022-2027 
    • Exhibit 42: Chart on Personal care and cosmetics - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 43: Data Table on Personal care and cosmetics - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 44: Chart on Personal care and cosmetics - Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Personal care and cosmetics - Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by End-user 
    • Exhibit 46: Market opportunity by End-user (thousand t)
    • Exhibit 47: Data Table on Market opportunity by End-user (thousand t)

7 Market Segmentation by Product Type

  • 7.1 Market segments 
    • Exhibit 48: Chart on Product Type - Market share 2022-2027 (%)
    • Exhibit 49: Data Table on Product Type - Market share 2022-2027 (%)
  • 7.2 Comparison by Product Type 
    • Exhibit 50: Chart on Comparison by Product Type
    • Exhibit 51: Data Table on Comparison by Product Type
  • 7.3 Fresh - Market size and forecast 2022-2027
    • Exhibit 52: Chart on Fresh - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 53: Data Table on Fresh - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 54: Chart on Fresh - Year-over-year growth 2022-2027 (%)
    • Exhibit 55: Data Table on Fresh - Year-over-year growth 2022-2027 (%)
  • 7.4 Canned - Market size and forecast 2022-2027
    • Exhibit 56: Chart on Canned - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 57: Data Table on Canned - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 58: Chart on Canned - Year-over-year growth 2022-2027 (%)
    • Exhibit 59: Data Table on Canned - Year-over-year growth 2022-2027 (%)
  • 7.5 Frozen - Market size and forecast 2022-2027
    • Exhibit 60: Chart on Frozen - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 61: Data Table on Frozen - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 62: Chart on Frozen - Year-over-year growth 2022-2027 (%)
    • Exhibit 63: Data Table on Frozen - Year-over-year growth 2022-2027 (%)
  • 7.6 Market opportunity by Product Type 
    • Exhibit 64: Market opportunity by Product Type (thousand t)
    • Exhibit 65: Data Table on Market opportunity by Product Type (thousand t)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 69: Chart on Geographic comparison
    • Exhibit 70: Data Table on Geographic comparison
  • 9.3 Europe - Market size and forecast 2022-2027
    • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.4 North America - Market size and forecast 2022-2027
    • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.5 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.6 APAC - Market size and forecast 2022-2027
    • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.7 South America - Market size and forecast 2022-2027
    • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.8 Italy - Market size and forecast 2022-2027
    • Exhibit 91: Chart on Italy - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 92: Data Table on Italy - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 93: Chart on Italy - Year-over-year growth 2022-2027 (%)
    • Exhibit 94: Data Table on Italy - Year-over-year growth 2022-2027 (%)
  • 9.9 Egypt - Market size and forecast 2022-2027
    • Exhibit 95: Chart on Egypt - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 96: Data Table on Egypt - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 97: Chart on Egypt - Year-over-year growth 2022-2027 (%)
    • Exhibit 98: Data Table on Egypt - Year-over-year growth 2022-2027 (%)
  • 9.10 Spain - Market size and forecast 2022-2027
    • Exhibit 99: Chart on Spain - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 100: Data Table on Spain - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 101: Chart on Spain - Year-over-year growth 2022-2027 (%)
    • Exhibit 102: Data Table on Spain - Year-over-year growth 2022-2027 (%)
  • 9.11 Peru - Market size and forecast 2022-2027
    • Exhibit 103: Chart on Peru - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 104: Data Table on Peru - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 105: Chart on Peru - Year-over-year growth 2022-2027 (%)
    • Exhibit 106: Data Table on Peru - Year-over-year growth 2022-2027 (%)
  • 9.12 Algeria - Market size and forecast 2022-2027
    • Exhibit 107: Chart on Algeria - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 108: Data Table on Algeria - Market size and forecast 2022-2027 (thousand t)
    • Exhibit 109: Chart on Algeria - Year-over-year growth 2022-2027 (%)
    • Exhibit 110: Data Table on Algeria - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 111: Market opportunity by geography (thousand t)
    • Exhibit 112: Market opportunity by geography (thousand t) - Volume

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 115: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 116: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 117: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 118: Matrix on vendor position and classification
  • 12.3 Anklam Extrakt GmbH 
    • Exhibit 119: Anklam Extrakt GmbH - Overview
    • Exhibit 120: Anklam Extrakt GmbH - Product / Service
    • Exhibit 121: Anklam Extrakt GmbH - Key offerings
  • 12.4 CAPRICHOS DEL PALADAR SLU 
    • Exhibit 122: CAPRICHOS DEL PALADAR SLU - Overview
    • Exhibit 123: CAPRICHOS DEL PALADAR SLU - Product / Service
    • Exhibit 124: CAPRICHOS DEL PALADAR SLU - Key offerings
  • 12.5 Del Monte Foods Inc. 
    • Exhibit 125: Del Monte Foods Inc. - Overview
    • Exhibit 126: Del Monte Foods Inc. - Business segments
    • Exhibit 127: Del Monte Foods Inc. - Key news
    • Exhibit 128: Del Monte Foods Inc. - Key offerings
    • Exhibit 129: Del Monte Foods Inc. - Segment focus
  • 12.6 Dole plc 
    • Exhibit 130: Dole plc - Overview
    • Exhibit 131: Dole plc - Business segments
    • Exhibit 132: Dole plc - Key offerings
    • Exhibit 133: Dole plc - Segment focus
  • 12.7 Gaia Herbs Inc. 
    • Exhibit 134: Gaia Herbs Inc. - Overview
    • Exhibit 135: Gaia Herbs Inc. - Product / Service
    • Exhibit 136: Gaia Herbs Inc. - Key offerings
  • 12.8 General Mills Inc. 
    • Exhibit 137: General Mills Inc. - Overview
    • Exhibit 138: General Mills Inc. - Business segments
    • Exhibit 139: General Mills Inc. - Key news
    • Exhibit 140: General Mills Inc. - Key offerings
    • Exhibit 141: General Mills Inc. - Segment focus
  • 12.9 Hawaii Pharm LLC 
    • Exhibit 142: Hawaii Pharm LLC - Overview
    • Exhibit 143: Hawaii Pharm LLC - Product / Service
    • Exhibit 144: Hawaii Pharm LLC - Key offerings
  • 12.10 Herrrawi Group 
    • Exhibit 145: Herrrawi Group - Overview
    • Exhibit 146: Herrrawi Group - Product / Service
    • Exhibit 147: Herrrawi Group - Key offerings
  • 12.11 Kings Plant Barn 
    • Exhibit 148: Kings Plant Barn - Overview
    • Exhibit 149: Kings Plant Barn - Product / Service
    • Exhibit 150: Kings Plant Barn - Key offerings
  • 12.12 Master Fruit srl 
    • Exhibit 151: Master Fruit srl - Overview
    • Exhibit 152: Master Fruit srl - Product / Service
    • Exhibit 153: Master Fruit srl - Key offerings
  • 12.13 Nutra Green Biotechnology Co. Ltd. 
    • Exhibit 154: Nutra Green Biotechnology Co. Ltd. - Overview
    • Exhibit 155: Nutra Green Biotechnology Co. Ltd. - Product / Service
    • Exhibit 156: Nutra Green Biotechnology Co. Ltd. - Key offerings
  • 12.14 Ocean Mist Farms 
    • Exhibit 157: Ocean Mist Farms - Overview
    • Exhibit 158: Ocean Mist Farms - Product / Service
    • Exhibit 159: Ocean Mist Farms - Key offerings
  • 12.15 Ole 
    • Exhibit 160: Ole - Overview
    • Exhibit 161: Ole - Product / Service
    • Exhibit 162: Ole - Key offerings
  • 12.16 Sa Marigosa Societa Consortile Arl 
    • Exhibit 163: Sa Marigosa Societa Consortile Arl - Overview
    • Exhibit 164: Sa Marigosa Societa Consortile Arl - Product / Service
    • Exhibit 165: Sa Marigosa Societa Consortile Arl - Key offerings
  • 12.17 Semplice Agricola F.lli Piras 
    • Exhibit 166: Semplice Agricola F.lli Piras - Overview
    • Exhibit 167: Semplice Agricola F.lli Piras - Product / Service
    • Exhibit 168: Semplice Agricola F.lli Piras - Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 169: Inclusions checklist
    • Exhibit 170: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 171: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 172: Research methodology
    • Exhibit 173: Validation techniques employed for market sizing
    • Exhibit 174: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 175: List of abbreviations

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