The Business Research Company’s Artichokes Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Artichokes Global Market Report 2023 evaluates artichokes market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global artichokes market is expected to grow from $2.92 billion in 2022 to $3.06 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The artichokes market is expected to reach $3.53 billion in 2027 at a CAGR of 3.6%.
Increasing consumption of healthy and nutritional foods is expected to propel the growth of the artichoke market going forward. Healthy and nutritious food is food that supplies the required nutrients, vitamins, and minerals for the body’s optimal functioning while also encouraging general health and well-being without the need for additional nutrition supplements. Health-conscious individuals consume artichoke as a healthy and nutritious food due to its high antioxidant content, fiber-rich nature, and high concentration of minerals and vitamins such as vitamins B1, C, phosphorus, magnesium, iron, calcium, potassium, and niacin, which offer potential health benefits such as helping control cholesterol, diabetic management, detoxification, anti-carcinogenic, antioxidative, antiviral, antibacterial, and others. For instance, according to the Food and Health Survey 2022, published by the International Food Information Council, a US-based non-governmental organization, a survey of 1,005 Americans ages 18 to 80 revealed that in 2022, approximately 52% of Americans had followed a healthy pattern as compared to 39% in the year 2021. Therefore, the increasing consumption of healthy and nutritional foods is driving the artichoke market.
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The artichokes market segments in the report are:
1) By Form: Fresh, Frozen, Canned
3) By Origin: Organic Artichokes, Conventional Artichokes
4) By Application: Medical Research, Liqueur, Herbal Tea, Cooking, Personal Care, Dietary Supplements, Other Applications
5) By End-Use: Direct Consumption, Food Processing, Beverage Processing, Other End-Uses
The table of contents in TBRC’s artichokes market report includes:
1. Executive Summary
2. Artichokes Market Characteristics
3. Artichokes Market Trends And Strategies
4. Artichokes Market – Macro Economic Scenario
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32. Global Artichokes Market Competitive Benchmarking
33. Global Artichokes Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artichokes Market
35. Artichokes Market Future Outlook and Potential Analysis
36. Appendix
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