The Global Broccoli Powder Market has witnessed significant growth, driven by a surge in health-conscious consumer trends and a preference for organic, nutrient-dense foods. Valued at approximately USD 52.8 million in 2024, the broccoli powder market is projected to reach USD 72 million by 2030, growing at a compound annual growth rate (CAGR) of around 5.3%. This expansion can be attributed to increasing adoption of plant-based diets, heightened awareness regarding the health benefits of broccoli powder, and a rising demand across various sectors including food and beverages, nutritional supplements, and cosmetics. The broccoli powder market is particularly pronounced in North America, where consumer preferences lean towards organic and sustainable products, aligning with governmental initiatives that promote healthy living.
Broccoli Powder Market Forecast
- Projected Growth: The global broccoli powder market is expected to grow from USD 52.8 million in 2024 to USD 72 million by 2030.
- CAGR: A compound annual growth rate of approximately 5.3% is anticipated during the forecast period from 2025 to 2030.
- Consumer Demand: The rising popularity of plant-based diets and convenience foods will drive demand for broccoli powder.
- Regional Expansion: North America is projected to hold the largest market share, accounting for about 35% of the total broccoli powder market.
- Health Benefits: Increased focus on the nutritional benefits of broccoli powder, including its ability to aid digestion and boost the immune system, will support market growth.
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Broccoli Powder Industry Competitive Landscape
The competitive landscape of the global broccoli powder market features several key players leveraging strategic initiatives to enhance their market presence. Major companies include:
- Saipro Biotech Private Limited
- NutraDry
- Xi’an Lifewe Biological Technology Co., Ltd.
- Pioneer Herb Industrial Co., Ltd.
- American International Foods, Inc.
- Nutraonly (Xi’an) Nutritions Inc.
- VDF FutureCeuticals, Inc.
- Vinayak Corporation and More…
These companies are focusing on product innovation, sustainable practices, and expansion into new markets to maintain their competitive edge in the broccoli powder market.
Key Takeaways from the Broccoli Powder Market Report
- The broccoli powder market is on an upward trajectory, influenced by consumer demand for health-oriented products.
- Organic broccoli powder is gaining traction among health-conscious consumers, despite conventional options still holding the largest market share.
- Sustainability trends shape production practices, with an increasing focus on eco-friendly packaging.
- The food and beverages segment represents the majority share of the broccoli powder market, indicating strong consumer interest in nutritious ingredients.
- North America dominates the broccoli powder market, driven by health awareness and favorable government policies supporting organic products.
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Industry Recent Development
- In February 2024, Nutri V, a food innovator, announced a collaboration with Fresh Select and Australia’s national science agency, CSIRO. This development emphasizes advancements in broccoli powder production, focusing on enhancing nutritional benefits while adopting sustainable farming practices.
Broccoli Powder Market Segmentation
The global broccoli powder market is segmented based on various criteria:
By Nature:
- Conventional
- Organic
By Application:
- Nutritional Supplement
- Food and Beverages
- Cosmetics
By Distribution Channel:
- B2B (Direct Sales)
- B2C
- Online
- Supermarket/Hypermarket
- Convenience Store
By Region:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Frequently Asked Questions (FAQ’s)
- What is the projected growth rate of the broccoli powder market from 2025 to 2030?
- Which regions are experiencing the highest demand for broccoli powder?
- What are the primary applications of broccoli powder in different industries?
- Who are the top companies operating in the global broccoli powder market?
- What factors are driving the rise in popularity of broccoli powder among consumers?
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