Arti-Choke Up on Flavor: Exploring the Growing Market for Artichokes


The artichoke plant is cultivated in the Mediterranean region and it is known for its edibility and its potential health benefits such as antimicrobial, antifungal, antibacterial, antioxidant, and anticancer properties

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Artichokes Market Report Overview:

The major global market intelligence business has released its most recent market research report, which focuses on the Artichokes market. The detailed research includes descriptive data and illustrations that show the examination of both regional and worldwide markets. Furthermore, the study dives into the market's goals, casting light on main rivals, their market value, current trending topics, strategies, targets, and goods. It also shows the market's recent expansion and provides useful insights into its informative history.

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Artichokes Market Report Scope and Research Methodology:

The Artichokes market research examines the significance of categories and regional markets based on criteria such as market size and growth rate. The study provides a complete review of all segments and areas. The Artichokes market study includes a detailed analysis of anticipated data, important advancements, and revenue. It also includes a full evaluation of the key tactics used by leading market players to accelerate global business growth while maintaining a competitive advantage. The Artichokes market study evaluates production, consumption, revenue, market share, and growth rates in the following regions: North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. SWOT analysis can help you understand the Artichokes market’s strengths and weaknesses.

Market Dynamics: 

Many pharmaceutical companies are conducting clinical trials to employ artichoke extracts to treat metabolic syndrome and hypertension, which could give chances for the product in the pharmaceutical industry and help the artichoke market grow.Artichoke is an effective anti-inflammatory medication used to treat skin diseases, aberrant adrenal cortex function, gastrointestinal disease, haematology, respiratory, liver, eye, nervous, rheumatism, arthritis, and tendinitis.

They are also high in antioxidants, which assist to prevent chronic diseases including cancer and cardiovascular disease. According to the MMR Study, around 1.28 billion adults worldwide have high blood pressure, which is the biggest cause of death globally. The increasing occurrence of high blood pressure, as well as the growing number of health-conscious persons seeking natural and alternative solutions.

Artichokes Industry Analysis and Progression:

Artichokes Market size reached USD 2.71 Bn in 2022 and is expected to reach USD 3.38 Bn by 2029, growing at a CAGR of 3.2 % during the forecast period.

Artichokes Market Classifications

by Form
1.Fresh
2.Frozen
3.Canned

According to the Form, the fresh Artichokes segment had the highest revenue share of 32% in 2022 and is predicted to expand in future years. This variety of artichoke is the most traditional and popular around the world. Fresh artichokes are sold entire, with leaves and stems intact, and are usually available during the peak growing season, which runs from March to May. As more people become health-conscious and seek out fresh, nutrient-dense products, the demand for fresh artichokes is likely to rise throughout the forecast period.

by End-use
1.Food Beverages
2.Pharmaceuticals
3.Personal Care Cosmetic

The Food Beverages segment is predicted to grow over the forecast period, according to end-use. The food and beverage industry is a major end user of artichokes. Artichokes are used in a number of meals, including salads, dips, pastas, and pizzas, as well as to flavour sauces and seasonings. Artichoke extract is also employed as a nutritional supplement in the food and beverage industries. Thus, the increased use of artichokes in various culinary industries is likely to drive up demand in the culinary Beverage sector.

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Artichokes Market Key Players:

1.Ocean Mist Farms (U.S)
2. Marianito Produce (U.S)
3.Green Globe Produce Inc. (U.S)
4.Gold Coast Packing Inc. (U.S)
5.D'Arrigo Bros. Co. (U.S)
6.Tanimura Antle Inc. (U.S)
7.Valpredo Enterprises (U.S)
8.Castellini Company LLC - (U.S)
9.Agroittica Lombarda (Italy)
10.Groupe Soufflet (France)
11. Trapani Artichokes (Italy)
12.W. Noordam Zonen BV (Netherlands)
13.Chudleigh Farms (UK)
14. La Palmeraie (France)
15.Fontanara (Italy)
16.VoloAgri Group Inc. (Netherlands)
17.Mastronardi Produce Europe (Netherlands)
18.Anklam Extrakt GmbH (Anklam, Germany)
19.Agro T18 Italia Srl (Piedmont, Italy)
20. Gaia Herbs Inc. (Carolina, U.S.)
21.Master Fruit Srl (Sicily, Italy)
22. Herrawi Group (Alexandria, Egypt)
23.Ole! (Alicante, Spain)
24.King Herbs Ltd. (Hunan, China)

Artichokes Market Analysis by Region:

The Artichokes market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis provides the Artichokes market status of various countries included in the report.

Key questions answered in the Artichokes Market are:

  • What are the Artichokes Market segments?
  • Which Artichokes market segment is expected to grow rapidly during the forecast period?
  • What is the expected CAGR of the Artichokes market during the forecast period?
  • Who are the top players in the Artichokes industry?
  • Which region is expected to grow at a high CAGR during the forecast period?
  • Which region held the largest Artichokes market share in 2024?

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Key Offerings:

  • Market Overview
  • Market Share
  • Market Size
  • Forecast by Revenue | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by segments, sub-segments and region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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