A woody herbaceous plant like a dandelion called chicory, or Cichorium intybus, is mostly valued for its leaves and roots. Inulin, a kind of prebiotic fibre that has been related to weight reduction and improved gut health is a major source of chicory root. Studies show that chicory may be used as a safe substitute for a number of substances in a range of products, such as food and beverages, dietary supplements, feed and pet food, and cosmetics. Chicory is also becoming more popular due to the growing cost of coffee since studies have indicated that it is a superior replacement. Consequently, the demand for chicory will increase as coffee prices continue to rise and people seek out alternatives to reduce their intake of sugar.
Definition
A woody herbaceous plant that resembles dandelion and goes by the name Cichorium intybus is farmed largely for its leaves and roots. The origins of chicory may be traced to Asia and Europe. The Egyptians cultivated it thousands of years ago as a medicinal. The dried roots of chicory plants have been used as medicine since ancient times, and the dried and roasted root may be used in place of coffee because it doesn't contain any caffeine. Inulin, a kind of prebiotic fibre associated with weight loss and better digestive health, is abundant in chicory root. In a range of uses, including food and drinks, dietary supplements, feed and pet food, and cosmetics, chicory root offers a secure substitute for a number of substances.
Chicory Market Overview
The dandelion family includes the herbaceous chicory. Chicory is a woody flower that generally provides a number of health benefits. Chicory is mostly farmed for its leaves and roots, but it may also be used in place of other things and has been proven to treat, manage, or even eliminate a number of health issues. Its benefits include the production of natural cosmetics and personal care products, as well as the presence of insulin, which improves digestion or cures any disorders associated with it. It can also be used in place of coffee.
Because of the benefits it provides, the chicory market is anticipated to grow from where it is now. The chicory market is an ever-evolving industry since it has the ability to have an influence on the healthcare sector, personal care products, the coffee sector, and more. This market and the chicory-based product are growing in many areas since it is a less priced and caffeine-free substitute for coffee.
According to Data Bridge Market Research, the chicory root market, which had a value of USD 193.56 million in 2021, is predicted to grow at a CAGR of 6.00% from 2022 to 2029 to reach a value of USD 308.51 million. The market reports created by Data Bridge Market Research include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis, and deficit analysis of supply chain and demand in addition to insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players.
Benefits of Chicory:
- Regular coffee consumers trying to reduce their caffeine intake may switch to chicory coffee instead since it tastes almost the same.
- Inulin, a prebiotic fibre type that has been linked to greater weight reduction and improved digestive health, is present in chicory root in significant amounts. It also contains vitamins and minerals that promote the health of the brain, such as manganese and vitamin B6.
- It could improve digestion, reduce inflammation, and decrease blood sugar.
COVID-19 Impact:
- The COVID-19 pandemic has resulted in a marked rise in the consumption of ready-to-mix and ready-to-drink drinks. The lockdowns and curfews enforced by various regional and national authorities contributed to the growth of the work-from-home culture. To fulfil this expanding demand, coffee manufacturers increased/improved their production volumes and capacities.
- As a result of chicory's widespread use in coffee products that are ready to mix and drink, chicory consumption has also grown. It is a caffeine-free, healthier, and more affordable alternative to coffee, thus manufacturers have started using it in place of coffee in the manufacturing process.
- Customers are also resorting to chicory mixtures to lessen the harmful effects of caffeine on their health. As a result, the pandemic has enhanced chicory's development possibilities due to both its possible health benefits and the fact that it is a less expensive alternative to coffee.
- To keep healthy throughout the epidemic, consumers stocked up on high-nutrition foods. Due to the pandemic, sales have partly stabilised, customers have adjusted to a new normal lifestyle, and more individuals are selecting quick and healthy snack alternatives.
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https://www.databridgemarketresearch.com/reports/global-chicory-root-market
How many years will chicory root last?
- Chicory is a striking, mineral-rich forage plant with a long taproot that can break through plough pans, penetrate to vast depths, and leave the soil aerated, promoting drainage and crop root growth. Due to its high protein content and capacity to fatten lambs, it is extensively used in combination with other species as species to improve soil and is regularly added to grazing leys. It is a recognised anthelmintic species as well.
- With a protein level of 17–18%, equivalent to the real clovers, chicory is great to to feed for fattening lambs. Since it contains anthelmintic qualities, ruminant livestock farmers can use it to lessen the worm load in their animals, notably sheep and lambs. Due to its thick taproot, it may break through compacted soil and improve drainage.
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