Chicory Products market to Grow with a CAGR of 4.32% from 2021 to 2028 | Narasus Coffee Company, Cargill Inc, Starwest Botanicals Inc, Chicobel Pvt Ltd,

Chicory is a summer active woody plant that has a numerous medical properties. Chicory is a well-known substitute of coffee with no caffeine content. Chicory is a native plant of Europe but is now increasing found in parts of Africa. Due to its prevalent distribution around the world, different parts of chicory plant were used in traditional medicines due to healing properties. Phytochemicals are mostly found in the roots of chicory plant as well as all parts of the plant, which makes them popular to be used in various applications.

Multiple medicinal usage of chicory plant is fueling growth of the global chicory products market. Chicory plant has various medical benefits such as antimicrobial, anthelmintic, antimalarial, anti-diabetic, gastro protective, anti-inflammatory, antioxidant, and anti-allergic. Other health benefit include helps to cut down caffeine content, lowering sugar level, and improves metabolism. Chicory powder is widely used as a substitute for coffee as it does not have caffeine and has similar taste as coffee. Chicory products are vastly used in food & beverages industry due to high presence of probiotics and fiber content in it.

Buy Now and Get Instant Discount of USD 2000 for Premium Report : https://www.coherentmarketinsights.com/promo/buynow/2147

Chicory Products Market Taxonomy

On the basis of form type, the global Chicory Products market is segmented into:
Chicory Flour
Instant Powder
Chicory Extract
Roasted Chicory

On the basis of application, the global Chicory Products market is segmented into:
Food and Beverages
Pharmaceuticals
Dietary Supplements

On the basis of Distribution Channel type, the global Chicory Products market is segmented into:
Hypermarket
Supermarket
Convenience Stores
Specialty Stores
Online Stores

Among product type, chicory flour segment accounted for the highest market share in the chicory products market in 2017. This is due to its application to add fiber and texture in products such as yoghurt, ice-cream, protein bar, chocolate bar, margarine applications and for seasoning and dressing. Consumers prefer chicory-based products due to its advantages such as stimulation of insulin secretion and prevention of liver damage.

Request For Sample Copy of This Premium Research Chicory Products Market : https://www.coherentmarketinsights.com/insight/request-sample/2147

Middle East & Africa is projected to be the fastest growing region in the market over the forecast period, owing to increasing production of chicory roots and high consumption of Maltol in halal food, which is naturally found in chicory. According to Food and Agricultural Organization (FAO), production of chicory roots in Africa was tons in 2016, and grew at the CAGR of 29.8% during 2014-16..

Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
Visit Our Blogs: https://blog.coherentmarketinsights.com

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.