| Product Code: ETC13200790 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Chicory Extract Market was valued at USD 0.62 Billion in 2024 and is expected to reach USD 0.88 Billion by 2031, growing at a compound annual growth rate of 5.10% during the forecast period (2025-2031).
The global chicory extract market is experiencing steady growth driven by the increasing consumer preference for natural and plant-based ingredients in food and beverage products. Chicory extract, derived from the roots of the chicory plant, is known for its various health benefits, including its prebiotic properties and high antioxidant content. The market is also being propelled by the rising demand for chicory extract as a coffee substitute due to its similar taste profile and potential health advantages over traditional coffee. Additionally, the expanding applications of chicory extract in dietary supplements and functional foods are further fueling market growth. Key players in the global chicory extract market are focusing on product innovation and expanding their distribution networks to capitalize on the growing consumer interest in natural and functional ingredients.
The Global Chicory Extract Market is experiencing growth due to increasing demand for natural and plant-based ingredients in the food and beverage industry. Consumers are becoming more health-conscious and seeking out products with functional benefits, driving the popularity of chicory extract known for its prebiotic properties and health benefits. The market is also benefiting from the rising awareness of gut health and digestive wellness, as chicory extract is often used in products targeting these areas. Opportunities exist for market expansion in functional food and dietary supplements sectors, as well as in the development of innovative applications such as in sports nutrition and personal care products. Additionally, the growing interest in sustainable and organic ingredients presents avenues for market growth in the coming years.
In the Global Chicory Extract Market, several challenges are encountered, including fluctuating raw material prices, limited awareness among consumers about the health benefits of chicory extract, and the presence of substitutes in the market. The volatility in raw material prices can impact the production costs for chicory extract manufacturers, potentially affecting their profit margins. Additionally, the lack of widespread knowledge among consumers about the various health benefits of chicory extract, such as its prebiotic properties and potential as a natural sweetener, poses a challenge in terms of market penetration and demand generation. Furthermore, the availability of alternative products in the market, such as artificial sweeteners or other natural extracts, creates competition for chicory extract-based products, requiring companies to differentiate their offerings effectively to capture market share.
The Global Chicory Extract Market is driven by several key factors, including the increasing demand for natural and plant-based ingredients in the food and beverage industry due to growing health consciousness among consumers. Chicory extract is known for its various health benefits, such as its high fiber content, prebiotic properties, and potential to aid in digestion and weight management. Additionally, the rising popularity of chicory extract as a coffee substitute or additive, particularly among individuals looking to reduce their caffeine intake or seeking a coffee alternative with health benefits, is further fueling market growth. Furthermore, the versatile application of chicory extract in various industries, including dietary supplements, pharmaceuticals, and animal feed, is expected to drive the market in the coming years.
Government policies related to the Global Chicory Extract Market vary by country, but generally focus on regulations related to food safety, labeling requirements, and agricultural practices. In the European Union, chicory extract is classified as a novel food, requiring approval from the European Food Safety Authority before it can be marketed. The United States FDA regulates chicory extract as a dietary supplement, with guidelines on labeling and quality control. In India, the government has implemented policies to promote the cultivation of chicory as a cash crop to boost agricultural income. Overall, government policies aim to ensure the safety and quality of chicory extract products while also supporting the growth of the market through agricultural initiatives and regulatory oversight.
The Global Chicory Extract Market is expected to witness steady growth in the coming years due to the increasing consumer preference for natural and plant-based ingredients in food and beverages. The rise in health consciousness and the demand for functional food products are driving the market for chicory extract, known for its potential health benefits such as improved digestion and gut health. Additionally, the growing awareness about the various applications of chicory extract in the pharmaceutical and dietary supplement industries is further fueling market growth. With ongoing research and development initiatives focusing on exploring new health benefits and innovative applications of chicory extract, the market is likely to expand, catering to the evolving consumer preferences for clean label and natural products.
In the Global Chicory Extract Market, Asia is expected to witness significant growth driven by the increasing demand for natural and plant-based ingredients in countries like China and India. North America is anticipated to dominate the market due to the rising popularity of chicory root as a coffee substitute and its health benefits. Europe is a key market for chicory extract, with countries like France and Belgium being major producers. The Middle East and Africa region is projected to experience steady growth attributed to the growing awareness about the health benefits of chicory extract. In Latin America, the market is poised for growth as consumers are increasingly seeking functional food and beverage products, driving the demand for chicory extract as a natural ingredient.
Global Chicory Extract Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Chicory Extract Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Chicory Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Global Chicory Extract Market - Industry Life Cycle |
3.4 Global Chicory Extract Market - Porter's Five Forces |
3.5 Global Chicory Extract Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Chicory Extract Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Global Chicory Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Global Chicory Extract Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.9 Global Chicory Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Chicory Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Chicory Extract Market Trends |
6 Global Chicory Extract Market, 2021 - 2031 |
6.1 Global Chicory Extract Market, Revenues & Volume, By Grade, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Chicory Extract Market, Revenues & Volume, By Inulin, 2021 - 2031 |
6.1.3 Global Chicory Extract Market, Revenues & Volume, By Fructooligosaccharides (FOS), 2021 - 2031 |
6.1.4 Global Chicory Extract Market, Revenues & Volume, By Chicoric Acid, 2021 - 2031 |
6.2 Global Chicory Extract Market, Revenues & Volume, By Form, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Chicory Extract Market, Revenues & Volume, By Powder, 2021 - 2031 |
6.2.3 Global Chicory Extract Market, Revenues & Volume, By Liquid, 2021 - 2031 |
6.2.4 Global Chicory Extract Market, Revenues & Volume, By Granulated, 2021 - 2031 |
6.3 Global Chicory Extract Market, Revenues & Volume, By Source, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Chicory Extract Market, Revenues & Volume, By Root, 2021 - 2031 |
6.3.3 Global Chicory Extract Market, Revenues & Volume, By Leaves, 2021 - 2031 |
6.4 Global Chicory Extract Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Chicory Extract Market, Revenues & Volume, By Nutraceuticals & Pharmaceuticals, 2021 - 2031 |
6.4.3 Global Chicory Extract Market, Revenues & Volume, By Food & Beverages, 2021 - 2031 |
6.4.4 Global Chicory Extract Market, Revenues & Volume, By Cosmetics, 2021 - 2031 |
6.4.5 Global Chicory Extract Market, Revenues & Volume, By Animal Feed, 2021 - 2031 |
7 North America Chicory Extract Market, Overview & Analysis |
7.1 North America Chicory Extract Market Revenues & Volume, 2021 - 2031 |
7.2 North America Chicory Extract Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Chicory Extract Market, Revenues & Volume, By Grade, 2021 - 2031 |
7.4 North America Chicory Extract Market, Revenues & Volume, By Form, 2021 - 2031 |
7.5 North America Chicory Extract Market, Revenues & Volume, By Source, 2021 - 2031 |
7.6 North America Chicory Extract Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Chicory Extract Market, Overview & Analysis |
8.1 Latin America (LATAM) Chicory Extract Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Chicory Extract Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Chicory Extract Market, Revenues & Volume, By Grade, 2021 - 2031 |
8.4 Latin America (LATAM) Chicory Extract Market, Revenues & Volume, By Form, 2021 - 2031 |
8.5 Latin America (LATAM) Chicory Extract Market, Revenues & Volume, By Source, 2021 - 2031 |
8.6 Latin America (LATAM) Chicory Extract Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Chicory Extract Market, Overview & Analysis |
9.1 Asia Chicory Extract Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Chicory Extract Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Chicory Extract Market, Revenues & Volume, By Grade, 2021 - 2031 |
9.4 Asia Chicory Extract Market, Revenues & Volume, By Form, 2021 - 2031 |
9.5 Asia Chicory Extract Market, Revenues & Volume, By Source, 2021 - 2031 |
9.6 Asia Chicory Extract Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Chicory Extract Market, Overview & Analysis |
10.1 Africa Chicory Extract Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Chicory Extract Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Chicory Extract Market, Revenues & Volume, By Grade, 2021 - 2031 |
10.4 Africa Chicory Extract Market, Revenues & Volume, By Form, 2021 - 2031 |
10.5 Africa Chicory Extract Market, Revenues & Volume, By Source, 2021 - 2031 |
10.6 Africa Chicory Extract Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Chicory Extract Market, Overview & Analysis |
11.1 Europe Chicory Extract Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Chicory Extract Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Chicory Extract Market, Revenues & Volume, By Grade, 2021 - 2031 |
11.4 Europe Chicory Extract Market, Revenues & Volume, By Form, 2021 - 2031 |
11.5 Europe Chicory Extract Market, Revenues & Volume, By Source, 2021 - 2031 |
11.6 Europe Chicory Extract Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Chicory Extract Market, Overview & Analysis |
12.1 Middle East Chicory Extract Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Chicory Extract Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Chicory Extract Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Chicory Extract Market, Revenues & Volume, By Grade, 2021 - 2031 |
12.4 Middle East Chicory Extract Market, Revenues & Volume, By Form, 2021 - 2031 |
12.5 Middle East Chicory Extract Market, Revenues & Volume, By Source, 2021 - 2031 |
12.6 Middle East Chicory Extract Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Chicory Extract Market Key Performance Indicators |
14 Global Chicory Extract Market - Export/Import By Countries Assessment |
15 Global Chicory Extract Market - Opportunity Assessment |
15.1 Global Chicory Extract Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Chicory Extract Market Opportunity Assessment, By Grade, 2021 & 2031F |
15.3 Global Chicory Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
15.4 Global Chicory Extract Market Opportunity Assessment, By Source, 2021 & 2031F |
15.5 Global Chicory Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Chicory Extract Market - Competitive Landscape |
16.1 Global Chicory Extract Market Revenue Share, By Companies, 2024 |
16.2 Global Chicory Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |