Asparagus Market: By Type, by Colour, By Distribution Channel and Geography

Asparagus Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type ( Fresh, Canned and Frozen), by Colour (White, Green), By Distribution Channel (Supermarkets and Hypermarkets, Grocery Stores, Other Distribution Channels) and Region

Asparagus Market size was valued at US$ 30.2 billion in 2023 and is poised to grow at a CAGR of 3.5% from 2024 to 2030. The global market provides a detailed overview of the market, which has been segmented by type, color, and distribution channel. By type, the market has been segmented into Fresh, Canned, and Frozen. The Fresh segment is likely to be the largest and fastest-growing segment in the market. By color, the market has been segmented into White and Green. The Green segment accounted for a high revenue share market in 2022-2028. Based on the distribution channel, the asparagus is segmented into Supermarkets and Hypermarkets, Grocery Stores, and Other Distribution Channels. According to precision business insights, the Supermarkets and Hypermarkets segment is predicted to register the fastest growth rate during the forecast period.

Asparagus Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

3.5%

Largest Market

South America

Fastest Growing Market

Europe

Asparagus Market Dynamics

As consumers become more aware of the health benefits of asparagus, which is high in fiber, folate, and vitamin K, the market for asparagus is likely to rise. Furthermore, it improves brain immunity and function and promotes healthy digestion, driving demand and market growth.

Asparagus Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 30.2 billion

Market CAGR

3.5%

By Type

  • Fresh,
  • Canned and
  • Frozen

By Colour

  • White,
  • Green

By Distribution Channel

  • Supermarkets and Hypermarkets,
  • Grocery Stores,
  • Other Distribution Channels

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Key Features of the Report

  • The asparagus market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights into the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The global asparagus market size is valued at US$ 30.2 billion in 2023 and is set to grow at a robust CAGR of 3.5% from 2024-2030.

The major players in the global asparagus market are Altar Produce LLC, Sociedad Agrícola Virú, DanPer Trujillo S.A.C., Limgroup B.V., TEBOZA BV, ILIOS - The Greek Asparagus Company, BEJO SEEDS LTD., Spargelhof Elsholz Gbr, Cutter Asparagus Seed, JERSEY ASPARAGUS FARMS, INC.

Europe is the fastest-growing region for asparagus market

Author image

Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1. Executive Summary
2. Global Asparagus Market Introduction
2.1. Global Asparagus Market Taxonomy
2.2. Global Asparagus Market Definitions
2.2.1. By Type
2.2.2. By Color
2.2.3. By Distribution Channel
2.2.4. By Region
3. Global Asparagus Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Asparagus Market Dynamic Factors - Impact Analysis
3.6. Global Asparagus Market Competition Landscape
4. Global Asparagus Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Asparagus Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Fresh
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Canned and Frozen
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Asparagus Market, By Color, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1. White
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Green
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Asparagus Market, By Distribution Channel, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1. Supermarkets and Hypermarkets
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Grocery Stores
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Other Distribution Channels
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Asparagus Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Asparagus Market - Opportunity Analysis Index, By Type, Color, Distribution Channel, and Region, 2024 - 2030
9. North America Asparagus Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Fresh
9.1.2. Canned and Frozen
9.2. Color Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. White
9.2.2. Green
9.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Supermarkets and Hypermarkets
9.3.2. Grocery Stores
9.3.3. Other Distribution Channels
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Asparagus Market - Opportunity Analysis Index, By Type, Color, Distribution Channel, and Country, 2024 - 2030
9.6. North America Asparagus Market Dynamics Trends
10. Europe Asparagus Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Fresh
10.1.2. Canned and Frozen
10.2. Color Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. White
10.2.2. Green
10.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Supermarkets and Hypermarkets
10.3.2. Grocery Stores
10.3.3. Other Distribution Channels
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Rest of Europe
10.5. Europe Asparagus Market - Opportunity Analysis Index, By Type, Color, Distribution Channel, and Country, 2024 - 2030
10.6. Europe Asparagus Market Dynamics Trends
11. Asia-Pacific Asparagus Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
11.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Fresh
11.1.2. Canned and Frozen
11.2. Color Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. White
11.2.2. Green
11.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Supermarkets and Hypermarkets
11.3.2. Grocery Stores
11.3.3. Other Distribution Channels
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Asparagus Market - Opportunity Analysis Index, By Type, Color, Distribution Channel, and Country, 2024 - 2030
11.6. Asia-Pacific Asparagus Market Dynamics Trends
12. Latin America Asparagus Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
12.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Fresh
12.1.2. Canned and Frozen
12.2. Color Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. White
12.2.2. Green
12.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Supermarkets and Hypermarkets
12.3.2. Grocery Stores
12.3.3. Other Distribution Channels
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Latin America Asparagus Market - Opportunity Analysis Index, By Type, Color, Distribution Channel, and Country, 2024 - 2030
12.6. Latin America Asparagus Market Dynamics Trends
13. Middle East and Africa Asparagus Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
13.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Fresh
13.1.2. Canned and Frozen
13.2. Color Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. White
13.2.2. Green
13.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Supermarkets and Hypermarkets
13.3.2. Grocery Stores
13.3.3. Other Distribution Channels
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. South Africa
13.4.3. Rest of MEA
13.5. MEA Asparagus Market - Opportunity Analysis Index, By Type, Color, Distribution Channel, and Country, 2024 - 2030
13.6. MEA Asparagus Market Dynamics Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Altar Produce LLC
14.2.2. Sociedad Agrícola Virú
14.2.3. DanPer Trujillo S.A.C
14.2.4. Limgroup B.V.
14.2.5. TEBOZA BV
14.2.6. ILIOS - The Greek Asparagus Company
14.2.7. BEJO SEEDS LTD.
14.2.8. Spargelhof Elsholz Gbr
14.2.9. Cutter Asparagus Seed
14.2.10. JERSEY ASPARAGUS FARMSINC
14.2.11. Mazzoni Vivai
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

  • Altar Produce LLC
  • Sociedad Agrícola Virú
  • DanPer Trujillo S.A.C
  • Limgroup B.V.
  • TEBOZA BV
  • ILIOS - The Greek Asparagus Company
  • BEJO SEEDS LTD.
  • Spargelhof Elsholz Gbr
  • Cutter Asparagus Seed
  • JERSEY ASPARAGUS FARMSINC
  • Mazzoni Vivai

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