Asparagus
is preferred as an ingredient in soups and fresh food products
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. As a
vegetable, asparagus is quite popular to prepare ready-to-eat foods,
and asparagus is grated and mixed with other food products such as
mixed vegetables and chicken to concoct truly delicious preparations.
An increasing demand for asparagus in fresh food products such as
brine and pickled asparagus, soups and sauces is likely to give a
good boost to the revenue growth of the fresh segment by type in the
global
asparagus market.
Rising
demand for organic asparagus in the global asparagus market
The
number of organic growers of asparagus in the global asparagus market
is rising every year because of the high demand for organic
asparagus. Asparagus growers are striving to increase the yield they
can obtain and this can largely be attributed to the thriving global
asparagus export market. Consumers have become extremely
health-conscious worldwide and this has spurred demand for both the
production and consumption of organic asparagus. Organic asparagus is
particularly consumed in North America and Europe, and import there
has grown by leaps and bounds. In the U.S state of Kentucky for
example, growing organic asparagus has become something of a recent
trend. The produce is exported to those countries where demand is
high and Kentucky has the maximum asparagus produced organically when
compared to any other region in the world.
Fill
the form to gain deeper insights on this market @
https://www.futuremarketinsights.com/reports/sample/rep-gb-2588
Fresh
asparagus is the most widely consumed in the global asparagus market
Fresh
asparagus is highly preferred over its canned and frozen counterparts
in the global asparagus market. Future Market Insights estimates the
fresh segment of the global asparagus market to account for nearly
74% market share by the end of the year 2017 and this segment is
likely to remain the dominant segment by type in the global asparagus
market, showcasing a gain of 170 BPS by 2027 over 2017. The shelf
life of fresh asparagus can be extended by pickling the asparagus,
adding preservatives or even keeping it in brine. It is very easy to
store asparagus products in any of these forms and they can even be
enjoyed for the entire year. In the global asparagus market, pickled
and brine asparagus is widely available in glass jars, cans or
bottles.
Market
opportunity in excess of US$ 20 Bn in the fresh asparagus market
The
growing popularity of fresh asparagus is evident from the increasing
demand by consumers globally and as a result, the fresh segment is
estimated to account for a Y-o-Y growth of 2% in value terms in the
year 2017, which is expected to rise to 3.1% by the end of the
forecast period. The fresh segment is estimated to record a market
revenue of more than US$ 20 Bn in the year 2017 and this is likely to
reach a market valuation almost close to US$ 30 Bn by 2027,
registering a good CAGR of 3.3% in terms of value during the forecast
period – the highest among all the type segments of the global
asparagus market. This gain in terms of value of the fresh asparagus
segment will largely be at the expense of both canned and frozen
asparagus segments in the global asparagus market. The fresh segment
created absolute dollar opportunity of over US$ 550 Mn in 2016 over
2015; while an incremental opportunity of approximately US$ 8 Bn can
be safely assumed between 2017 and 2027.
No comments:
Post a Comment