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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Chicory Root Fibre Market Outlook

The global chicory root fibre market is being aided by the overall chicory market growth. The global chicory market is expected to grow at a CAGR of 4.5% in the forecast period of 2025-2034 to reach a value of approximately USD 362.02 million by 2034.

Global Chicory Root Fibre Market

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Food and Beverages Sector to Significantly Contribute to the Growth of the Chicory Root Fibre Industry

Based on application, the food and beverage segment accounts for a significant share in the industry. The growth can be attributed to the growing demand for plant-based ingredients in food products. Further, the growing consumption of functional foods owing to the rising health awareness among consumers is resulting in the increased demand for chicory root fibre in the food and beverage industry. Meanwhile, the thriving pharmaceutical industry and the growing demand for dietary supplements are expected to provide new growth opportunities to the market in the forecast period.

Region-wise, North America is a significant region in the global market for chicory root fibre. The growing shift towards a healthy lifestyle is driving the market growth in the region. Further, the growing demand for prebiotics in Europe is expected to provide enhanced growth opportunities for the market expansion in the forecast period.

Chicory Root Fibre: Market Segmentation

Chicory root fibre is an ingredient extracted from chicory root, which is high in inulin- a prebiotic fibre that provides a host of digestive and general health benefits. Being a soluble dietary fibre, this ingredient has various nutritional properties and provides benefits like bodyweight management and improved bone health by stimulating the absorption of calcium content in the body, and others. It helps to replace fat and sugar while improving the taste of the food products, and, thus, serves as a significant ingredient across various industries.

Global Chicory Root Fibre Market By Nature

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Based on nature, the market is bifurcated into:

  • Organic
  • Conventional

The various forms of the product include:

  • Powder
  • Solid

On the basis of application, the industry is divided into:

The food and beverages segment is further divided based on type into bakery and confectionery, breakfast cereals, dairy and frozen products, and beverages, among others.

Based on distribution channel, the industry is segmented into:

  • Direct Sale
  • Indirect Sale

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Chicory Root Fibre Market By Region

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Growing Demand for Vegan and Clean Labelled Food Products to Bolster the Chicory Root Fibre Industry Growth

The rising health awareness and the growing prevalence of digestive disorders are resulting in the enhanced demand for fibre rich food products, which, in turn, is driving the growth of the chicory root fibre industry globally. Digestive health is a wellness issue, and the growing awareness regarding the beneficial effect of dietary fibre and prebiotics is aiding the industry growth. The factors like the growing demand for processed food products, growing incidences of diabetes and obesity, escalating disposable incomes, and expanding distribution channels are further contributing to the industry growth.

Over the forecast period, the growing adoption of veganism and the increased preference for clean labelled products are expected to have a positive effect on the expansion of the global chicory root fibre industry. The new product launches by the manufacturers to cater to this growing demand will aid the industry growth.

Key Industry Players in the Global Chicory Root Fibre Market

The report gives a detailed analysis of the following key players in the global chicory root fibre market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Cargill Incorporated
  • Royal Cosun Group
  • Beneo GmbH
  • Xi'an Rainbow Biotech Co.,Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Nature
  • Form
  • Application
  • Distribution Channel
  • Region
Breakup by Nature
  • Organic
  • Conventional
Breakup by Form
  • Powder
  • Solid
Breakup by Application
  • Food and Beverages
  • Pharmaceuticals
  • Dietary Supplements
  • Others
Breakup by Distribution Channel
  • Direct Sale
  • Indirect Sale
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cargill Incorporated
  • Royal Cosun Group
  • Beneo GmbH
  • Xi'an Rainbow Biotech Co.,Ltd
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4.5% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 362.02 million by 2034.

The major drivers of the market are the rising disposable incomes, thriving food and beverages sector, increasing population, growing health awareness and rising demand for natural products, and the growing prevalence of lifestyle related disorders.

The key trends guiding the growth of the market include the growing demand for vegan and clean labelled food products and new product launches.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading nature types of chicory root fibre in the market are organic and conventional.

The major forms of chicory root fibre in the market are powder and solid.

The significant applications in the market are food and beverages, pharmaceuticals, and dietary supplements, among others.

The leading distribution channels in the market are direct sale and indirect sale.

The major players in the global chicory root fibre market are Cargill Incorporated, Royal Cosun Group, Beneo GmbH, and Xi'an Rainbow Biotech Co., Ltd, among others.

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