Asparagus Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Asparagus Market: By Type ( Fresh, Canned and Frozen), by Colour (White, Green), by Distribution Channel (Supermarkets and Hypermarkets, Grocery Stores, Other Distribution Channels) and Geography

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Report

Description

The asparagus market is valued at USD 30.2 billion in 2021 and is expected to reach a value of USD 37.5 billion by 2028, growing at a CAGR of 3.5% during the forecast period 2022 to 2028. The global market provides a detailed overview of the Asparagus Market, which has been segmented by type, color, and distribution channel. By type, the asparagus 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 asparagus 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.

Key Development:

In April 2019, Applewood Fresh Growers LLC partnered with New Era’s American Asparagus to offer fresh Michigan asparagus in addition to its apples.

Asparagus Market

MARKET SUMMARY
-
3.5% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 3.5%
  • Largest Market– South America
  • Fastest Growing Market– Europe

Asparagus Market

  • The asparagus market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The asparagus market report gives historical, current, and future market sizes (US$ Mn) based on by type, colour, by distribution channel, and geography.
Key Players
  • Altar Produce LLC
  • Sociedad Agrícola Virú
  • DanPer Trujillo S.A.C
  • Limgroup B.V.
  • TEBOZA BV
Asparagus Market Drivers

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.


Europe Got Significant Share

Asparagus Market

The Europe market is expected to witness the highest market share during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The asparagus market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their 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
Asparagus Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The asparagus market is projected to expand at a CAGR of 3.5% during the forecast period.

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


Report

Table Of Content

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, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Asparagus Market, By Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Fresh
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. White
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Supermarkets and Hypermarkets
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2022-2028
9. North America Asparagus Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. Type Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. White
9.2.2. Green
9.3. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
9.6. North America Asparagus Market Dynamics – Trends
10. Europe Asparagus Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Type Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. White
10.2.2. Green
10.3. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
10.6. Europe Asparagus Market Dynamics – Trends
11. Asia-Pacific Asparagus Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Type Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. White
11.2.2. Green
11.3. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
11.6. Asia-Pacific Asparagus Market Dynamics – Trends
12. Latin America Asparagus Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. Type Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. White
12.2.2. Green
12.3. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
12.6. Latin America Asparagus Market Dynamics – Trends
13. Middle East and Africa Asparagus Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. Type Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. White
13.2.2. Green
13.3. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
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

Report

Company Profile

  • 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

Description

The asparagus market is valued at USD 30.2 billion in 2021 and is expected to reach a value of USD 37.5 billion by 2028, growing at a CAGR of 3.5% during the forecast period 2022 to 2028. The global market provides a detailed overview of the Asparagus Market, which has been segmented by type, color, and distribution channel. By type, the asparagus 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 asparagus 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.

Key Development:

In April 2019, Applewood Fresh Growers LLC partnered with New Era’s American Asparagus to offer fresh Michigan asparagus in addition to its apples.

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