Chicory Market Report By Product Type (Chicory Roots, Chicory Leaves, Chicory Flour, Chicory Inulin, Others), By Form (Instant Powder, Roasted Chicory, Chicory Extract, Others), By Application (Food & Beverages, Dietary Supplement, Cosmetics & Personal Care, Medicines, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Specialty Stores, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Report Overview

The Global Chicory Market size is expected to be worth around USD 1,253.8 Million by 2033, from USD 755.2 Million in 2023, growing at a CAGR of 5.2% during the forecast period from 2024 to 2033.

The chicory market involves the cultivation and processing of chicory plants, primarily used as a coffee substitute, dietary fiber source, and inulin production. This market serves food and beverage industries, health supplements, and animal feed sectors.

Growth is driven by increasing consumer interest in natural ingredients and health benefits like improved digestion. Key players are agricultural producers, food processors, and health supplement manufacturers. Emerging trends include organic chicory farming and the use of chicory as a prebiotic ingredient. The chicory market is vital for promoting healthy diets and offering natural alternatives in food products.

The Chicory market is gaining momentum due to rising health concerns and the increasing prevalence of digestive diseases and obesity. Chicory, known for its high inulin content, is widely recognized for its digestive health benefits. The global burden of digestive diseases is substantial, affecting over 40 million people worldwide. In the United States alone, the National Institutes of Health (NIH) reports that 60 to 70 million people suffer from digestive disorders. This high incidence underscores the growing demand for chicory as a natural remedy.

Additionally, the obesity epidemic is a significant driver for the chicory market. In 2022, approximately 880 million adults and 159 million children and adolescents aged 5-19 years were living with obesity. The global prevalence of adult obesity has more than doubled since 1990, while adolescent obesity has quadrupled. With 16% of adults aged 18 and older worldwide being obese, there is a heightened focus on weight management and health-conscious eating habits. Chicory, often used as a coffee substitute and dietary fiber supplement, is gaining popularity for its low-calorie content and potential to aid in weight management.

The market is also influenced by increasing consumer awareness and preference for natural and functional ingredients. Chicory’s benefits, such as improving digestive health and aiding in weight loss, align well with current health trends. This has led to a surge in demand for chicory-based products in the food and beverage industry.

In conclusion, the chicory market is poised for significant growth, driven by the rising incidence of digestive diseases and obesity. The increasing consumer preference for natural, health-promoting ingredients further supports this trend, offering promising opportunities for market expansion.

Key Takeaways

• Market Value: The Chicory Market is expected to rise from USD 755.2 million in 2023 to USD 1,253.8 million by 2033, growing at a CAGR of 5.2%.
• Product Type Analysis: Chicory roots lead with 42.1%, valued for their versatility and extensive use in food, beverages, and health products.
• Form Analysis: Instant powder dominates the form category with 41.2%, favored for its convenience and widespread use as a coffee substitute.
• Application Analysis: The food and beverages segment leads with 50.2%, owing to chicory’s role in promoting digestive health and its use as a natural sweetener.
• Dominant Region: APAC dominates with a 39.6% market share, spurred by high demand for functional foods.
• High Growth Region: North America is poised for growth at a CAGR of 5.8%, supported by a strong demand for functional foods and beverages.
• Analyst Viewpoint: The Chicory Market is positioned for robust growth, driven by the expanding awareness of dietary health and the functional benefits of chicory products, especially inulin. The dominance of chicory roots is expected to continue, supported by their health benefits and versatility in applications. Market competition remains intense, with opportunities for growth through diversification into pharmaceutical and cosmetic applications.

Driving Factors

Increasing Demand for Healthy and Natural Food Ingredients Drives Market Growth

The growing trend towards healthier and natural food products has fueled the demand for chicory as a natural and beneficial ingredient. Chicory is a rich source of inulin, a prebiotic fiber that supports digestive health and is widely used in various food and beverage products, such as dairy blends, baked goods, and dietary supplements. This prebiotic fiber helps maintain gut health, improve digestion, and enhance nutrient absorption, making chicory a popular choice among health-conscious consumers.

A recent study shows that 65% of consumers prefer food products with natural ingredients, contributing to the chicory market’s growth. The demand for chicory is further supported by its versatility in food applications, ranging from flavor enhancement to nutritional benefits. As consumers increasingly seek out products that offer both taste and health benefits, chicory’s role in the food industry is expected to expand, driving market growth significantly.

Rising Prevalence of Lifestyle Diseases Drives Market Growth

The increasing prevalence of lifestyle diseases, such as obesity, diabetes, and cardiovascular disorders, has driven the demand for functional foods and ingredients that promote overall well-being. Chicory, with its prebiotic properties, has been shown to aid in weight management, improve blood sugar control, and support gut health, making it an attractive ingredient for health-conscious consumers.

Data indicates that nearly 39% of adults globally are overweight, and 16% are obese, highlighting the need for dietary solutions that can address these health issues. Chicory’s ability to improve digestive health and aid in blood sugar regulation makes it a valuable component in managing these conditions.

Moreover, chicory’s integration into health-focused products such as dietary supplements and functional beverages is rising. This trend aligns with the growing consumer focus on preventive healthcare and wellness, further driving the chicory market’s expansion.

Increasing Demand for Plant-Based and Dairy Alternatives Drives Market Growth

The growing interest in plant-based and dairy-free alternatives has contributed to the demand for chicory-derived ingredients. Inulin from chicory is commonly used as a fat replacer and texture modifier in plant-based dairy alternatives, such as non-dairy milk, yogurt, and cheese products. As the demand for these products continues to rise, the market for chicory is expected to grow accordingly.

This surge is driven by consumers’ increasing shift towards vegan and vegetarian diets, along with a rise in lactose intolerance cases, pushing the demand for non-dairy products. Chicory, with its functional properties, plays a crucial role in enhancing the texture and nutritional profile of these alternatives.

Furthermore, the trend towards clean label products, where consumers seek simple and recognizable ingredients, aligns with the use of chicory in food applications. This synergy between consumer preferences and chicory’s benefits supports its market growth, ensuring its relevance and demand in the evolving food landscape.

Restraining Factors

Limited Availability and Cultivation Challenges Restrains Market Growth

Chicory is primarily cultivated in specific regions, and its availability can be limited due to various factors such as climate conditions, soil quality, and agricultural practices. For instance, chicory requires well-drained soil and moderate temperatures, which restricts its cultivation to certain geographic areas. This limited cultivation can lead to supply constraints, especially when demand increases.

Statistics show that unpredictable weather patterns and soil conditions can reduce chicory yields by up to 20%. Additionally, limited agricultural knowledge and expertise in growing chicory can further impact its production. These challenges contribute to price fluctuations, making it difficult for manufacturers to maintain consistent supply and pricing. Consequently, the chicory market’s growth is hindered by these cultivation challenges and limited availability.

Competition from Alternative Sweeteners and Fibers Restrains Market Growth

The chicory market faces competition from other natural sweeteners and fiber sources, such as stevia, monk fruit, and various types of dietary fibers. These alternatives are often preferred by consumers due to their unique taste profiles, affordability, and widespread availability. For example, stevia and monk fruit are popular natural sweeteners that offer zero-calorie options, attracting health-conscious consumers.

The global stevia market is expected to grow at a significant CAGR from 2023 to 2033, reflecting the strong consumer demand for alternative sweeteners. This competition can limit the chicory market’s growth as consumers have multiple options to choose from. Furthermore, the pricing and accessibility of these alternatives can make them more attractive, reducing the market share of chicory-based products. Thus, competition from alternative sweeteners and fibers significantly restrains the expansion of the chicory market.

Product Type Analysis

Chicory roots dominate with 42.1% due to their versatility and wide applications in food, beverages, and health products.

Chicory roots dominate the product type segment, accounting for 42.1% of the market share. Chicory roots are highly valued for their inulin content, which is a prebiotic fiber that supports digestive health. The demand for chicory roots is driven by their extensive use in food and beverage products, particularly as a coffee substitute and as an ingredient in dietary supplements. The increasing consumer awareness about the health benefits of inulin has significantly contributed to the growth of this sub-segment.

The global chicory root market is projected to grow steadily, driven by the rising popularity of functional foods and beverages. Chicory roots are also used in the production of chicory flour and chicory inulin, which further boosts their demand. Additionally, chicory roots are employed in the cosmetic and personal care industry due to their anti-inflammatory and skin-soothing properties, enhancing their market appeal.

Other segments like chicory leaves, chicory flour, chicory inulin, and others also play a crucial role in the market. Chicory leaves are used in salads and as a cooked vegetable, offering nutritional benefits. Chicory flour is increasingly used in gluten-free products and as a dietary fiber supplement. Chicory inulin is a key ingredient in many health and wellness products, while other chicory derivatives find applications in various industrial processes. Despite their contributions, chicory roots remain the dominant sub-segment due to their versatility and wide range of applications.

Form Analysis

Instant powder leads the form category, holding 41.2% of the market share.

Instant powder is the leading sub-segment in the form category, holding 41.2% of the market share. Instant chicory powder is popular due to its convenience and ease of use. It is primarily used as a coffee substitute, catering to consumers looking for caffeine-free alternatives. The growing trend of healthy lifestyles and the preference for natural and organic products have further fueled the demand for instant chicory powder.

Instant chicory powder is also used in various food applications, including baked goods, dairy products, and dietary supplements. Its high inulin content makes it a valuable ingredient for promoting digestive health. The market for instant chicory powder is expected to expand as more consumers become aware of its health benefits and as manufacturers innovate with new product formulations.

Other forms of chicory, such as roasted chicory, chicory extract, and others, also contribute to market growth. Roasted chicory is a popular coffee additive and a standalone coffee substitute, appreciated for its rich flavor. Chicory extract is widely used in the food and beverage industry for flavoring and as a health supplement. Other chicory forms find niche applications in various sectors, including pharmaceuticals and cosmetics. However, instant chicory powder remains the dominant form due to its widespread use and consumer preference.

Application Analysis

The food and beverages segment leads the application category, holding a 50.2% market share.

The food and beverages segment dominates the application category, with a 50.2% market share. Chicory is extensively used in the food and beverage industry due to its versatility and health benefits. It is commonly used as a coffee substitute, a dietary fiber additive, and a natural sweetener. The growing consumer demand for functional foods and beverages that offer health benefits has significantly boosted the chicory market.

Chicory’s role in promoting digestive health, managing blood sugar levels, and supporting weight management makes it a preferred ingredient in many health-focused products. The increasing trend of health-conscious eating and the rising popularity of plant-based diets further drive the demand for chicory in the food and beverage sector.

Other applications of chicory, such as dietary supplements, cosmetics and personal care, medicines, and others, also contribute to market growth. Dietary supplements containing chicory inulin are popular for their prebiotic benefits. In cosmetics, chicory extracts are valued for their skin-soothing and anti-aging properties. Chicory is also used in traditional and herbal medicine for its various health benefits. Despite these diverse applications, the food and beverages segment remains the dominant application due to its broad consumer base and varied product uses.

Distribution Channel Analysis

Supermarkets and hypermarkets lead the distribution of chicory products, holding 41.3% market share.

Supermarkets and hypermarkets are the leading distribution channels for chicory products, accounting for 41.3% of the market share. These retail outlets offer a wide range of chicory products, providing consumers with easy access and the convenience of one-stop shopping. The extensive reach and large customer base of supermarkets and hypermarkets make them the preferred distribution channel for chicory products.

The growing number of health-conscious consumers and the rising popularity of functional foods and beverages have increased the demand for chicory products in these retail outlets. Supermarkets and hypermarkets also provide opportunities for product promotions and discounts, attracting more consumers.

Other distribution channels, such as convenience stores, online retail, specialty stores, and others, also play a significant role in the market. Convenience stores offer easy access to chicory products for consumers seeking quick purchases. Online retail is rapidly growing, driven by the increasing trend of e-commerce and the convenience of home delivery. Specialty stores cater to niche markets with specific dietary and health needs. However, supermarkets and hypermarkets remain the dominant distribution channels due to their extensive reach and consumer convenience.

Key Market Segments

By Product Type

• Chicory Roots
• Chicory Leaves
• Chicory Flour
• Chicory Inulin
• Others

By Form

• Instant Powder
• Roasted Chicory
• Chicory Extract
• Others

By Application

• Food & Beverages
• Dietary Supplement
• Cosmetics & Personal Care
• Medicines
• Others

By Distribution Channel

• Supermarkets/Hypermarkets
• Convenience Stores
• Online Retail
• Specialty Stores
• Others

Growth Opportunities

Product Innovation and Diversification Offers Growth Opportunity

The chicory market offers significant opportunities for product innovation and diversification. Manufacturers can explore new applications of chicory-derived ingredients in various food and beverage categories, such as bakery products, confectionery items, and nutritional supplements. By offering diverse and innovative products, companies can cater to evolving consumer preferences and capture a larger market share.

This growth is driven by increasing consumer demand for health-enhancing foods. Introducing chicory-based products in these segments can leverage chicory’s prebiotic benefits, making them attractive to health-conscious consumers. By continuously innovating and diversifying their product lines, companies can expand their market presence and drive growth in the chicory market.

Sustainable Farming and Production Practices Offer Growth Opportunity

Implementing sustainable farming and production practices in the chicory industry can create growth opportunities. Consumers are increasingly conscious of the environmental impact of their food choices, and adopting eco-friendly practices can enhance the market appeal of chicory products. This includes initiatives such as organic farming, water conservation, and responsible waste management.

A survey shows that 66% of global consumers are willing to pay more for sustainable brands. This trend is a significant driver for the chicory market, as sustainable practices align with consumer values. By promoting eco-friendly farming and production methods, chicory producers can attract environmentally conscious customers, thus enhancing their market position and fostering long-term growth.

Trending Factors

Clean Label and Transparency Are Trending Factors

Consumers are increasingly seeking transparency and clean labels in the products they consume. The chicory market is well-positioned to capitalize on this trend as chicory is a natural and minimally processed ingredient. By highlighting the clean label and natural origins of chicory-based products, manufacturers can appeal to health-conscious consumers.

Recent trends indicate that 73% of consumers prefer products with clean labels, emphasizing natural ingredients and simple formulations. Chicory, being a natural source of inulin and dietary fiber, fits well into this trend. By marketing chicory products with a focus on their clean and transparent origins, companies can attract a broader consumer base interested in natural and healthy food options.

Functional Food and Nutraceuticals Are Trending Factors

The growing interest in functional foods and nutraceuticals presents a significant trend for the chicory market. Chicory’s prebiotic properties and potential health benefits align well with this trend, making it an attractive ingredient for fortified and functional food and beverage products.

The global nutraceutical market is projected to grow at a CAGR of 8.9% from 2023 to 2033. This growth is driven by increasing consumer awareness of health and wellness. Chicory, with its digestive health benefits and nutritional profile, is ideally suited for inclusion in functional foods and nutraceuticals. By integrating chicory into these products, manufacturers can tap into the growing demand for health-enhancing foods, driving further market expansion.

Regional Analysis

APAC Dominates with 39.6% Market Share

Asia-Pacific (APAC) holds a significant market share of 39.6%, valued at USD 300 million. This dominance is driven by increasing consumer awareness about the health benefits of chicory, particularly in countries like China, India, and Japan. The growing trend of health-conscious eating and the rising prevalence of lifestyle diseases have boosted demand for chicory-based products in the region. Additionally, the expanding food and beverage industry in APAC, coupled with advancements in chicory cultivation and production, has contributed to this high market share.

The regional characteristics of APAC, such as a large population base and a rapidly growing middle class, significantly influence the chicory market. The increasing disposable income and changing dietary preferences towards natural and healthy ingredients drive market growth. Moreover, government initiatives promoting healthy lifestyles and the adoption of sustainable farming practices enhance the market dynamics. The region’s robust agricultural infrastructure also supports chicory cultivation, ensuring a steady supply of raw materials.

North America Market Share

North America holds a significant portion of the chicory market, driven by the high demand for functional foods and beverages. The market in this region is expected to grow at a CAGR of 5.5%, supported by increasing consumer preference for natural ingredients and the presence of major chicory product manufacturers.

Europe Market Share

Europe accounts for a substantial share of the chicory market, with a market value of USD 220 million. The region’s market is influenced by the strong demand for prebiotic dietary fibers and the widespread use of chicory in food and beverage applications. Europe’s chicory market is projected to grow at a steady rate of 5.3%.

Middle East & Africa Market Share

The Middle East & Africa region shows promising growth potential in the chicory market, with a market share of 8.4%. The rising awareness of health benefits and the growing popularity of functional foods contribute to this growth. The market in this region is expected to grow at a CAGR of 4.5%.

Latin America Market Share

Latin America holds a smaller market share in the global chicory market, with a value of USD 80 million. The region’s growth is driven by increasing health awareness and the adoption of chicory in dietary supplements. The chicory market in Latin America is projected to grow at a CAGR of 5.1%, supported by expanding market opportunities.

Key Regions and Countries

• North America
  • The US
  • Canada
  • Mexico
• Western Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Portugal
  • Ireland
  • Austria
  • Switzerland
  • Benelux
  • Nordic
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • The Czech Republic
  • Greece
  • Rest of Eastern Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia & New Zealand
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Colombia
  • Chile
  • Argentina
  • Costa Rica
  • Rest of Latin America
• Middle East & Africa
  • Algeria
  • Egypt
  • Israel
  • Kuwait
  • Nigeria
  • Saudi Arabia
  • South Africa
  • Turkey
  • United Arab Emirates
  • Rest of MEA

Key Players Analysis

The chicory market is characterized by the presence of key players like Cargill, Incorporated, Wilmar Delecto Foods Pvt Ltd., Starwest Botanicals, Leroux, Pioneer Chicory, Nature’s Gold Production, Organic Herb Trading Co., Jamnagar Chicory Industries, STOKROS Company Ltd., and FARMVILLE. These companies significantly impact the market through their strategic positioning and market influence.

Cargill, Incorporated and Wilmar Delecto Foods Pvt Ltd. lead the market with their extensive global presence and strong supply chain networks. Their focus on product innovation and diversification allows them to cater to various consumer preferences, enhancing their market influence. Cargill’s emphasis on sustainable practices also aligns with the growing consumer demand for eco-friendly products, reinforcing its market position.

Starwest Botanicals, Leroux, and Pioneer Chicory have carved out significant niches by specializing in high-quality chicory products. Their commitment to quality and organic production methods appeals to health-conscious consumers, boosting their market share. These companies leverage their expertise to introduce new chicory-based products, driving market growth.

Nature’s Gold Production and Organic Herb Trading Co. focus on organic and natural chicory products. Their strategic positioning targets the increasing demand for clean label and transparent products, enhancing their market influence. Their sustainable farming practices further appeal to environmentally conscious consumers.

Jamnagar Chicory Industries and STOKROS Company Ltd. capitalize on regional strengths to supply chicory products to local and international markets. Their robust production capabilities and competitive pricing strategies enable them to maintain a strong market presence.

FARMVILLE emphasizes innovation and diversification, offering a wide range of chicory products. Their strategic initiatives to expand product applications in food and beverages, dietary supplements, and cosmetics position them as key players in the chicory market. Collectively, these companies drive the market’s growth through innovation, quality, and sustainability.

Market Key Players

• Cargill, Incorporated
• Wilmar Delecto Foods Pvt Ltd.
• Starwest Botanicals
• Leroux
• Pioneer Chicory
• Nature’s Gold Production
• Organic Herb Trading Co.
• Jamnagar Chicory Industries
• STOKROS Company Ltd.
• FARMVILLE

Recent Developments

• Dec 2023: Coffee Brewers Increase Chicory Blending to Curb Price Rise Coffee brewers in India are increasing chicory blending to 50% to reduce costs amid rising coffee prices, enhancing aroma and taste while keeping prices in check.
• Nov 2023: BENEO Extends Production Line for Chicory Root Fibers BENEO has extended its production line in Chile to produce liquid chicory root fibers with a longer shelf life, enhancing supply chain flexibility and health benefits.
• Sept 2023: Study Confirms Prebiotic Chicory Root Efficacy A study by the University of Reading and BENEO confirms that prebiotic chicory root fibers support the growth of beneficial gut bacteria, enhancing digestive health and overall well-being.

Report Scope