Artichoke Market Report: Trends, Forecast and Competitive Analysis to 2030

Artichoke Trends and Forecast

The future of the global artichoke market looks promising with opportunities in the food & beverage, pharmaceutical, and personal care & cosmetic markets. The global artichoke market is expected to grow with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are growth in veganism, increasing awareness of functional foods and plant-based diets, and rising usage of artichokes in the food and beverage sectors.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Artichoke by Segment

The study includes a forecast for the global artichoke by form, end use, and region.

Artichoke Market by Form [Shipment Analysis by Value from 2018 to 2030]:

• Fresh
• Frozen
• Canned

Artichoke Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverages
• Pharmaceuticals
• Personal Care & Cosmetic
• Others

Artichoke Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Artichoke Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies artichoke companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the artichoke companies profiled in this report include-

• Ocean Mist Farms
• Mariano Produce
• Green Globe Produce
• Gold Coast Packing
• D'Arrigo Bros
• Tanimura & Antle
• Valpredo Enterprises
• Castellini Company
• Agroittica Lombarda
• Groupe Soufflet

Artichoke Market Insights

Lucintel forecasts that fresh is expected to witness the highest growth over the forecast period.

Within this market, food & beverage is expected to witness the highest growth over the forecast period.

Europe is expected to witness the highest growth over the forecast period.

Features of the Global Artichoke Market

Market Size Estimates: Artichoke market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Artichoke market size by form, end use, and region in terms of value ($B).

Regional Analysis: Artichoke market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different forms, end uses, and regions for the artichoke market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the artichoke market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for artichoke market?

Answer: The global artichoke market is expected to grow with a CAGR of 3.2% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the artichoke market?

Answer: The major drivers for this market are growth in veganism, increasing awareness of functional foods and plant-based diets, and rising usage of artichokes in the food and beverage sectors.

Q3. What are the major segments for artichoke market?

Answer: The future of the artichoke market looks promising with opportunities in the food & beverage, pharmaceutical, and personal care & cosmetic markets.

Q4. Who are the key artichoke market companies?

Answer: Some of the key artichoke companies are as follows:

• Ocean Mist Farms
• Mariano Produce
• Green Globe Produce
• Gold Coast Packing
• D'Arrigo Bros
• Tanimura & Antle
• Valpredo Enterprises
• Castellini Company
• Agroittica Lombarda
• Groupe Soufflet

Q5. Which artichoke market segment will be the largest in future?

Answer: Lucintel forecasts that fresh is expected to witness the highest growth over the forecast period.

Q6. In artichoke market, which region is expected to be the largest in next 5 years?

Answer: Europe is expected to witness the highest growth over the forecast period.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the artichoke market by form (fresh, frozen, and canned), end use (food & beverages, pharmaceuticals, personal care & cosmetic, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?