What is Artichoke Seed Market?
Artichoke seeds are harvested from Artichoke plants that are mostly grown in the French region. Artichoke is widely used for direct consumption, food dishes. Its parts like leaves can also be used for various medicinal applications to cure diseases. Artichoke is rich in fiber, vitamins, minerals, and antioxidants that are beneficial to reduce blood pressure levels, improved digestion, heart health, and liver health. Further, some type of Artichoke is used as a staple for raw material in healthy food and feed due to the availability of large amounts of inulin, fructose, and pectin.
Highlights from Artichoke Seed Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | NE Seed (United States), San Diego Seed Company (United States), Baker Creek Heirloom Seed Company (United States), True Leaf Market Seed Company (United States), Urban Farmer LLC. (United States), Biocarve Seeds (India), Ferry-Morse (United States) and Everwild Farms (United States) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
NE Seed (United States), San Diego Seed Company (United States), Baker Creek Heirloom Seed Company (United States), True Leaf Market Seed Company (United States), Urban Farmer LLC. (United States), Biocarve Seeds (India), Ferry-Morse (United States) and Everwild Farms (United States) are some of the key players profiled in the study. Artichoke Seed Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Farmland, Greenhouse and Others |
Plant Type | Green Globe Artichoke,Violetta Artichoke,Big Heart Artichoke,Jerusalem Artichoke |
Seeds Type | Open-pollinated,Hybrid |
Sales Channel | Online,Offline |
On the basis of geography, the market of Artichoke Seed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Investment in R&D for the Development of New Varieties of Seeds
Market Growth Drivers:
Surging Demand for Artichoke for Medicinal Applications to Cure Various Diseases
Challenges:
Increasing Incidence of Allergic Side Effects after Consumption of Artichoke Seed
Restraints:
High Cost Associated with Some Artichoke Seed and Low-Quality Seeds
Opportunities:
Increasing Use of Jerusalem Artichoke for raw material base of healthy food & Beverages
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Artichoke Seed Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-Users and Others
Market Leaders & Development Strategies
In January 2021, true leaf market take over Kitazawa seed market. This take over helped company to expand its presence in Artichoke Seed market
In March 2022, Baker Creek Heirloom Seed Company ran a fundraiser to help Ukraine – a fundraiser that raised over USD 1 million. This move enhance company image in Artichoke Seed market