The global Fresh and Processed Asparagus market was valued at US$ 504.4 million in 2020 and is expected to reach US$ 731.6 million by the end of 2027, growing at a CAGR of 5.0% during 2021-2027.
Asparagus is a spring vegetable, a flowering perennial plant species in the genus Asparagus. It was once classified in the lily family, like the related Allium species, onions and garlic, but the Liliaceae have been split and the onion-like plants are now in the family Amaryllidaceous and Asparagus in the Asparagaceae. Sources differ as to the native range of Asparagus officinalis, but generally include most of Europe and western temperate Asia. It is widely cultivated as a vegetable crop.
Asparagus is actively sought by major companies as a key ingredient in soups on account of its nutritive properties and palatable taste. Asparagus is widely predicted to become the primary choice in the soup manufacturing industry as many companies already make soup with asparagus and this is only expected to grow in the future.
Global Fresh and Processed Asparagus Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Fresh and Processed Asparagus Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Altar Produce, DanPer, Beta SA, Agrizar, Limgroup, Sociedad, Walker Plants and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
Segment by Application
Table of Content:
1 Fresh and Processed Asparagus Market Overview
2 Fresh and Processed Asparagus Market Competition by Manufacturers
3 Fresh and Processed Asparagus Retrospective Market Scenario by Region
4 Global Fresh and Processed Asparagus Historic Market Analysis by Type
5 Global Fresh and Processed Asparagus Historic Market Analysis by Application
6 Key Companies Profiled
7 Fresh and Processed Asparagus Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Fresh and Processed Asparagus Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta