Chicory Market to Reach USD 591.49 Million by 2033 – Driven by Health Benefits and Growing Demand for Plant-Based Ingredients
The global chicory market is projected to grow from USD 318.50 million in 2024 to USD 591.49 million by 2033, registering a CAGR of 7.12% between 2025 and 2033. The market expansion is fueled by rising awareness of chicory’s health benefits, increasing demand for caffeine-free coffee substitutes, and growing use in functional foods and beverages.
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Chicory is widely recognized for its medicinal properties, aiding in the treatment of ailments such as high blood pressure, constipation, gallbladder issues, and appetite loss. Its high inulin content, a natural prebiotic fiber, supports digestive health, improves nutrient absorption, and promotes balanced gut microbiota. Chicory also contains antioxidants, offering anti-inflammatory benefits and making it a preferred ingredient in dietary supplements, functional beverages, and cosmetics.
Key Market Drivers
1. Health Benefits & Functional Properties – Inulin-rich chicory enhances digestive health, supports blood sugar regulation, and boosts immunity.
2. Caffeine-Free Coffee Substitute – Roasted chicory provides a coffee-like taste without caffeine, appealing to health-conscious and caffeine-sensitive consumers.
3. Cost-Effectiveness – Chicory is significantly cheaper than coffee, making it an economical ingredient for both consumers and manufacturers.
Market Challenges
· Low Consumer Awareness – Outside traditional markets such as Europe, knowledge about chicory’s benefits remains limited.
· Production Constraints – Seasonal and regional dependencies affect year-round supply and pricing stability.
Regional Insights
· Europe leads due to historic consumption and strong production capabilities.
· Asia-Pacific is the fastest-growing region, driven by health-conscious consumers and plant-based diet trends.
· North America shows increasing demand for natural, caffeine-free beverages.
Recent Industry Developments
· Aug 2024 – DKSH extended its exclusive distribution agreement with Cosucra in Australia & New Zealand for chicory root fibers.
· Nov 2023 – BENEO upgraded its Chile facility to enhance liquid chicory root fiber production.
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Market Segmentation
By Product: Roasted Chicory, Instant Chicory, Chicory Extracts, Others
By Form: Powder, Liquid, Others
By Application: Food & Beverages, Dietary Supplements, Cosmetics & Personal Care, Others
Regions Covered: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
Report Coverage: Includes company profiles of major players such as Jamnagar Chicory Industries, Cargill, Leroux Flavored Brandies, Delecto Foods, Starwest Botanicals, and Royal Cosun.
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