What Has Been the Growth Trajectory of the Artichokes Market?
The artichokes market has seen considerable growth due to a variety of factors.
•The size of the artichokes market has seen consistent growth in previous years. The market is set to expand from $3.19 billion in 2024 to $3.31 billion in 2025, linked to a compound annual growth rate (CAGR) of 3.8%.
Factors such as the culinary renaissance, changes in regional farming, heightened consciousness about health and nutrition, a boost in import-export trade, and integration of different culinary cultures have contributed to the market's growth in the historical period.
What Does the Future Hold for the Artichokes Market?
The artichokes market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for artichokes is predicted to witness a consistent growth in the upcoming years, expanding to $3.87 billion by 2029 with a compound annual growth rate (CAGR) of 4.0%.
The anticipated growth over the forecast period is due to the popularity of health and wellness, the emergence of sustainable agriculture methods, the strategies for market broadening, the innovative culinary applications, and the re-use of artichoke by-products. During the forecast period, key market trends are predicted to include the demand for functional food, processed and easily accessible products, artisanal and unique varieties, clear traceability and transparency, along with the effective use of artichoke by-products.
What Are the Critical Driver Fuelling the Artichokes Market's Growth?
The surge in the consumption of wholesome, nutrient-rich food is anticipated to spur the growth trajectory of the artichoke market. Food packed with essential nutrients, vitamins, and minerals promote overall health and well-being without needing supplementary dietary additions. Artichoke, enriched with antioxidants, dietary fiber, and a high density of minerals and vitamins like B1, C, phosphorus, magnesium, iron, calcium, potassium, and niacin, is being consumed by health-conscious folks due to its potential health advantages, such as cholesterol management, diabetic control, detoxification, and anticarcinogenic, antioxidative, antiviral, antibacterial properties among others. For example, the Food and Health Survey 2022 by the International Food Information Council, an NGO based in the US, showed that a survey conducted on 1,005 Americans aged between 18 to 80 found that around 52% of Americans adhered to a healthful regimen in 2022 as against 39% in 2021. Hence, the rising consumption of healthful, nutrient-packed food is fueling the artichoke market.
How Is the Artichokes Market segmented?
The artichokes market covered in this report is segmented –
1) By Product Type: Baby Anzio, Big Heart, Green Globe, Siena, Mercury, Omaha, Fiesole, Chianti, Other Product Types
2) By Form: Fresh, Frozen, Canned
3) By Origin: Organic Artichokes, Conventional Artichokes
4) By Application: Medical Research, Liqueur, Herbal Tea, Cooking, Personal Care, Dietary Supplements, Other Applications
5) By End-Use: Direct Consumption, Food Processing, Beverage Processing, Other End-Uses
Subsegments:
1) By Baby Anzio: Organic Baby Anzio, Conventional Baby Anzio, Frozen Baby Anzio, Canned Baby Anzio
2) By Big Heart: Organic Big Heart, Conventional Big Heart, Frozen Big Heart, Canned Big Heart
3) By Green Globe: Organic Green Globe, Conventional Green Globe, Frozen Green Globe, Canned Green Globe
4) By Siena: Organic Siena, Conventional Siena, Frozen Siena, Canned Siena
5) By Mercury: Organic Mercury, Conventional Mercury, Frozen Mercury, Canned Mercury
6) By Omaha: Organic Omaha, Conventional Omaha, Frozen Omaha, Canned Omaha
7) By Fiesole: Organic Fiesole, Conventional Fiesole, Frozen Fiesole, Canned Fiesole
8) By Chianti: Organic Chianti, Conventional Chianti, Frozen Chianti, Canned Chianti
9) By Other Product Types: Purple Globe, Violetta, Castelfranco, Romanesco
Pre-Book The Artichokes Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What New Trends Are Influencing the Artichokes Market?
A notable trend emerging in the artichoke market revolves around product innovation. Dominant businesses in the artichoke sector are gravitating towards the creation of innovative goods to consolidate their market presence. As an illustration, L'Occitane, a skincare company based in France, launched the Artichoke body care range back in April 2023. This was targeted at delivering a variety of skincare advantages like purification and detoxification. The purpose of L'Occitane's artichoke body care series is to leverage the purifying, detoxifying benefits of high polyphenols and inulin, along with their diuretic, lipid metabolizing, and cholesterol combating attributes. These products likewise enhance microcirculation, which assists in maintaining skin fullness and enhancing its elasticity.
Who Are the Key Players in the Artichokes Market?
Major companies operating in the artichokes market include:
• Caprichos del Paladar S.L.U.
• Green Giant
• Agro T18 Italia S.r.l.
• Master Fruit Srl.
• Herrawi Group
• Societa Semplice Agricola F.lli Piras
• Green Globe Produce Inc.
• D'Arrigo Bros. Co.
• Agroittica Lombarda
• Mitica Fine Foods Ltd.
• Bonduelle
• Del Monte Foods Inc.
• Dole Food Company Inc.
• Goya Foods Inc.
• Hortifrut SA
• Ready Pac Produce Inc.
• Danper Trujillo S.A.C
• Florette
• F. DIVELLA S.p.A
• Grimmway Farms
• Sun World International LLC.
• Ocean Mist Farms
• VoloAgri Grou Inc.
• Jawahara Food Group
• Sirri Ustundag
• Al Jawhara Group
• Agricor Inc.
What Is The Most Dominant Region In The Artichokes Market?
Europe was the largest region in the artichokes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artichokes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
