Market Overview:
The global edible asparagus market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy food, increasing awareness about the health benefits of consuming asparagus, and growing trend of using organic produce. In terms of type, the fresh segment is expected to dominate the global edible asparagus market during the forecast period. This can be attributed to its high nutritional value and easy availability. In terms of application, food segment is expected to account for a major share in the global edible asparagus market during the forecast period.
Product Definition:
Edible asparagus is a vegetable that is typically cooked and eaten as part of a meal. It has a slightly salty, earthy taste and can be enjoyed fresh or cooked. Asparagus is an excellent source of dietary fiber, vitamin C, vitamin K, folate, and potassium. It can be used in a variety of dishes including soups, salads, stir-fries, pasta dishes, and pizzas.
Fresh:
Fresh asparagus is one of the most versatile vegetables in the world. It can be used in many dishes and has a thousand different names such as vegetable spear, garden spear, field Asparagus or just plain old asparagus. The freshness factor is one of the major factors that sets this vegetable apart from its frozen and canned counterparts.
Frozen:
Asparagus is a vegetable that has been used as a food item for thousands of years. It is usually served steamed or stir-fried in many countries around the world. Edible asparagus can be prepared using various methods including boiling, baking, and microwaving among others. The most popular method of cooking edible asparagus is to steam it until it's tender and then serve it with melted butter, cheese or sauce.
Application Insights:
The food application segment led the global edible asparagus market in 2017, accounting for over 70% of the revenue share. The product is widely used in salads and other vegetable dishes due to its strong flavor and nutritional properties. Asparagus can reduce blood pressure levels by reducing cholesterol levels. These factors are likely to drive demand for asparagus among consumers, thereby supporting industry growth during the forecast period.
The others segment include dairy products, pharmaceuticals and cosmetics industries that use powdered or granulated vegetables including asparagus root powder or extractives for manufacturing various products such as medicines tablets & capsules; dietary supplements; cosmetic creams & lotions; ointments & pastes; syrups & concentrates; etc.
Regional Analysis:
Europe accounted for the largest share of over 35.0% in 2017 owing to high demand from countries, such as Germany, U.K., France and Spain. The product is mostly consumed as a side dish or an appetizer in these countries due to its unique taste and flavor that can enhance the taste of any food item along with being an excellent source of dietary fiber, vitamins and minerals like folate, thiamine hydrochloride (B1), pantothenic acid (B5), copper sulfate (CuSO4) and manganese sulfate (MnSO4).
Asia Pacific is expected to be one of the fastest-growing markets at a CAGR exceeding 5.0% during the forecast period on account of increasing health awareness among consumers coupled with rising disposable income levels especially in China & India which are major producers & exporters edible asparagus worldwide.
Growth Factors:
- Increasing demand for healthy and organic food products
- Rising disposable income of consumers in developing countries
- Growing awareness about the health benefits of asparagus consumption
- Proliferation of supermarkets and other retail outlets that sell fresh asparagus
- Technological advancements in agriculture that improve yield and quality
Scope Of The Report
Report Attributes
Report Details
Report Title
Edible Asparagus Market Research Report
By Type
Fresh, Frozen, Preserved
By Application
Food, Others
By Companies
Altar Produce, DanPer, Beta SA, Agrizar, Limgroup, Sociedad, Walker Plants, Altar Produce
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Edible Asparagus Market Report Segments:
The global Edible Asparagus market is segmented on the basis of:
Types
Fresh, Frozen, Preserved
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Altar Produce
- DanPer
- Beta SA
- Agrizar
- Limgroup
- Sociedad
- Walker Plants
- Altar Produce
Highlights of The Edible Asparagus Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fresh
- Frozen
- Preserved
- By Application:
- Food
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Edible Asparagus Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Edible asparagus is a vegetable that can be eaten raw or cooked. It is a type of spear-shaped vegetable that grows in the wild, and is typically harvested before it becomes tough.
Some of the major players in the edible asparagus market are Altar Produce, DanPer, Beta SA, Agrizar, Limgroup, Sociedad, Walker Plants, Altar Produce.
The edible asparagus market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Edible Asparagus Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Edible Asparagus Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Edible Asparagus Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Edible Asparagus Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Edible Asparagus Market Size & Forecast, 2020-2028
4.5.1 Edible Asparagus Market Size and Y-o-Y Growth
4.5.2 Edible Asparagus Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fresh
5.2.2 Frozen
5.2.3 Preserved
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Edible Asparagus Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Edible Asparagus Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fresh
9.6.2 Frozen
9.6.3 Preserved
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fresh
10.6.2 Frozen
10.6.3 Preserved
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fresh
11.6.2 Frozen
11.6.3 Preserved
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fresh
12.6.2 Frozen
12.6.3 Preserved
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fresh
13.6.2 Frozen
13.6.3 Preserved
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Edible Asparagus Market: Competitive Dashboard
14.2 Global Edible Asparagus Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Altar Produce
14.3.2 DanPer
14.3.3 Beta SA
14.3.4 Agrizar
14.3.5 Limgroup
14.3.6 Sociedad
14.3.7 Walker Plants
14.3.8 Altar Produce
