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The global chicory root fibre market is being aided by the overall chicory market growth. The global chicory market is expected to grow at a CAGR of 4.5% in the forecast period of 2024-2032 to reach a value of approximately USD 362.02 million by 2032.
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Based on application, the food and beverage segment accounts for a significant share in the industry. The growth can be attributed to the growing demand for plant-based ingredients in food products. Further, the growing consumption of functional foods owing to the rising health awareness among consumers is resulting in the increased demand for chicory root fibre in the food and beverage industry. Meanwhile, the thriving pharmaceutical industry and the growing demand for dietary supplements are expected to provide new growth opportunities to the market in the forecast period.
Region-wise, North America is a significant region in the global market for chicory root fibre. The growing shift towards a healthy lifestyle is driving the market growth in the region. Further, the growing demand for prebiotics in Europe is expected to provide enhanced growth opportunities for the market expansion in the forecast period.
Chicory root fibre is an ingredient extracted from chicory root, which is high in inulin- a prebiotic fibre that provides a host of digestive and general health benefits. Being a soluble dietary fibre, this ingredient has various nutritional properties and provides benefits like bodyweight management and improved bone health by stimulating the absorption of calcium content in the body, and others. It helps to replace fat and sugar while improving the taste of the food products, and, thus, serves as a significant ingredient across various industries.
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Based on nature, the market is bifurcated into:
The various forms of the product include:
On the basis of application, the industry is divided into:
The food and beverages segment is further divided based on type into bakery and confectionery, breakfast cereals, dairy and frozen products, and beverages, among others.
Based on distribution channel, the industry is segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The rising health awareness and the growing prevalence of digestive disorders are resulting in the enhanced demand for fibre rich food products, which, in turn, is driving the growth of the chicory root fibre industry globally. Digestive health is a wellness issue, and the growing awareness regarding the beneficial effect of dietary fibre and prebiotics is aiding the industry growth. The factors like the growing demand for processed food products, growing incidences of diabetes and obesity, escalating disposable incomes, and expanding distribution channels are further contributing to the industry growth.
Over the forecast period, the growing adoption of veganism and the increased preference for clean labelled products are expected to have a positive effect on the expansion of the global chicory root fibre industry. The new product launches by the manufacturers to cater to this growing demand will aid the industry growth.
The report gives a detailed analysis of the following key players in the global chicory root fibre market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Nature |
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Breakup by Form |
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Breakup by Application |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Chicory Root Fibre Market Analysis
8.1 Key Industry Highlights
8.2 Global Chicory Root Fibre Historical Market (2018-2023)
8.3 Global Chicory Root Fibre Market Forecast (2024-2032)
8.4 Global Chicory Root Fibre Market by Nature
8.4.1 Organic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Conventional
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Chicory Root Fibre Market by Form
8.5.1 Powder
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Solid
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Chicory Root Fibre Market by Application
8.6.1 Food and Beverages
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.1.3 Breakup by Type
8.6.1.3.1 Bakery and Confectionary
8.6.1.3.1.1 Historical Trend (2018-2023)
8.6.1.3.1.2 Forecast Trend (2024-2032)
8.6.1.3.2 Breakfast Cereals
8.6.1.3.2.1 Historical Trend (2018-2023)
8.6.1.3.2.2 Forecast Trend (2024-2032)
8.6.1.3.3 Diary and Frozen Products
8.6.1.3.3.1 Historical Trend (2018-2023)
8.6.1.3.3.2 Forecast Trend (2024-2032)
8.6.1.3.4 Beverages
8.6.1.3.4.1 Historical Trend (2018-2023)
8.6.1.3.4.2 Forecast Trend (2024-2032)
8.6.1.3.5 Others
8.6.2 Pharmaceuticals
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Dietary Supplements
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Chicory Root Fibre Market by Distribution Channel
8.7.1 Direct Sale
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Indirect Sale
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Chicory Root Fibre Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Chicory Root Fibre Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Chicory Root Fibre Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Chicory Root Fibre Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Chicory Root Fibre Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Chicory Root Fibre Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Cargill Incorporated
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Royal Cosun Group
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Beneo GmbH
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Xi'an Rainbow Biotech Co.,Ltd
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Chicory Root Fibre Market: Key Industry Highlights, 2016 and 2026.
2. Global Chicory Root Fibre Historical Market: Breakup by Nature (USD Billion), 2018-2023
3. Global Chicory Root Fibre Market Forecast: Breakup by Nature (USD Billion), 2024-2032
4. Global Chicory Root Fibre Historical Market: Breakup by Form (USD Billion), 2018-2023
5. Global Chicory Root Fibre Market Forecast: Breakup by Form (USD Billion), 2024-2032
6. Global Chicory Root Fibre Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Chicory Root Fibre Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Chicory Root Fibre Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
9. Global Chicory Root Fibre Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
10. Global Chicory Root Fibre Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Chicory Root Fibre Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Chicory Root Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Chicory Root Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Chicory Root Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Chicory Root Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Chicory Root Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Chicory Root Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Chicory Root Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Chicory Root Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Chicory Root Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Chicory Root Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Chicory Root Fibre Market Structure
The market is projected to grow at a CAGR of 4.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 362.02 million by 2032.
The major drivers of the market are the rising disposable incomes, thriving food and beverages sector, increasing population, growing health awareness and rising demand for natural products, and the growing prevalence of lifestyle related disorders.
The key trends guiding the growth of the market include the growing demand for vegan and clean labelled food products and new product launches.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading nature types of chicory root fibre in the market are organic and conventional.
The major forms of chicory root fibre in the market are powder and solid.
The significant applications in the market are food and beverages, pharmaceuticals, and dietary supplements, among others.
The leading distribution channels in the market are direct sale and indirect sale.
The major players in the global chicory root fibre market are Cargill Incorporated, Royal Cosun Group, Beneo GmbH, and Xi'an Rainbow Biotech Co., Ltd, among others.
The global chicory root fibre market is being driven by the rising chicory market. Aided by the rising demand for natural products, the chicory market is expected to witness a moderate growth in the forecast period of 2024-2032, growing at a CAGR of 4.5%. The chicory market is projected to reach USD 362.02 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By nature, the market is divided into organic and conventional. Based on form, the industry is bifurcated into powder and solid. On the basis of application, the industry is segmented into food and beverages, pharmaceuticals, and dietary supplements, among others. By distribution channel, the market is divided into direct sale and indirect sale. The major regional markets for chicory root fibre are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cargill Incorporated, Royal Cosun Group, Beneo GmbH, and Xi'an Rainbow Biotech Co., Ltd, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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