About Edible Asparagus
Edible asparagus is a plant whose succulent young shoots are cooked and eaten as a vegetable. It has a high anti-inflammatory nutritional content. It also provides a wide variety of antioxidant nutrients, including vitamin C, beta-carotene, vitamin E, and the minerals zinc, manganese, and selenium. It is low in fat and sodium. Edible asparagus belongs to the genus Asparagus, which encompasses over 200 species. The asparagus we commonly consume originates from the species Asparagus officinalis, native to temperate regions of Europe and Asia. It's cultivated for its edible shoots, which emerge from the ground as thick, succulent spears. These spears measure 6-10 inches in length and are typically green, although white and purple varieties also exist. The edible portion of the asparagus spear is the tender tip, while the base becomes increasingly woody and fibrous as it matures.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Edible Asparagus market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Altar Produce (United States), DanPer (Peru), Beta SA (Peru), AEI (Peru), Agrizar (Mexico), Limgroup (Netherlands), Sociedad (Peru) and Walker Plants (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Edible Asparagus market by Type (Fresh, Frozen and Preserved), Application (Restaurants, Hotels and Household) and Region.
On the basis of geography, the market of Edible Asparagus has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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). If we see Market by Distribution Channel, the sub-segment i.e. Online Channel will boost the Edible Asparagus market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Robust Increase in the Distribution Channel
Market Growth Drivers:
High Health Benefits of Edible Aspergillus and Increasing Demand from Restaurants and Hotels
Challenges:
Environmental Factors may Hamper the Asparagus Production
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growth in the Food and Beverage Industry and Growing Demand from End-users
Market Leaders and their expansionary development strategies
On April 10, 2023, Melissa's Produce, a specialty food distributor, introduced Purple Majesty Asparagus, a new variety known for its deep purple color and slightly sweeter flavor. This unique asparagus provides a stunning visual addition to dishes and offers a twist on the traditional green spears.
Key Target Audience
Edible Asparagus Providers, Distributors, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.