The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Artichokes Global Market Report 2023, The global artichokes market is expected to grow from $2.92 billion in 2022 to $3.06 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The artichokes market is expected to reach $3.53 billion in 2027 at a CAGR of 3.6%.

Europe held the largest artichokes market share, and Asia-Pacific was the fastest-growing region in 2022.

Artichokes Market Driver

Increasing consumption of healthy and nutritional foods is expected to propel the growth of the artichoke market going forward. Healthy and nutritious food is food that supplies the required nutrients, vitamins, and minerals for the body’s optimal functioning while also encouraging general health and well-being without the need for additional nutrition supplements. Health-conscious individuals consume artichoke as a healthy and nutritious food due to its high antioxidant content, fiber-rich nature, and high concentration of minerals and vitamins such as vitamins B1, C, phosphorus, magnesium, iron, calcium, potassium, and niacin, which offer potential health benefits such as helping control cholesterol, diabetic management, detoxification, anti-carcinogenic, antioxidative, antiviral, antibacterial, and others. For instance, according to the Food and Health Survey 2022, published by the International Food Information Council, a US-based non-governmental organization, a survey of 1,005 Americans ages 18 to 80 revealed that in 2022, approximately 52% of Americans had followed a healthy pattern as compared to 39% in the year 2021. Therefore, the increasing consumption of healthy and nutritional foods is driving the artichoke market.

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Key Artichokes Market Segments

The global artichokes market is segmented –

1) By Product Type: Baby Anzio, Big Heart, Green Globe, Siena, Mercury, Omaha, Fiesole, Chianti, Other Product Types

2) By Form: Fresh, Frozen, Canned

3) By Origin: Organic Artichokes, Conventional Artichokes

4) By Application: Medical Research, Liqueur, Herbal Tea, Cooking, Personal Care, Dietary Supplements, Other Applications

5) By End-Use: Direct Consumption, Food Processing, Beverage Processing, Other End-Uses

Artichokes Market Prominent Players
Major players in the artichokes market are Naturipe Farms LLC., General Mills Inc., Caprichos del Paladar S.L.U., Green Giant, Agro T18 Italia S.r.l., Master Fruit Srl., Herrawi Group, Societa Semplice Agricola F.lli Piras, Green Globe Produce Inc., D’Arrigo Bros. Co., Agroittica Lombarda, Mitica Fine Foods Ltd., Bonduelle, Del Monte Foods Inc., Dole Food Company Inc., Goya Foods Inc., Calavo Growers Inc., Hortifrut SA, Ready Pac Produce Inc., Danper Trujillo S.A.C, Florette, F. DIVELLA S.p.A, Grimmway Farms, Sun World International LLC., Ocean Mist Farms, VoloAgri Grou Inc., Jawahara Food Group, Sirri Ustundag, Al Jawhara Group, and Agricor Inc.

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Prominent Artichokes Market Trend
Product innovation is a key trend gaining popularity in the artichoke market. Major companies operating in the artichoke market are focusing on innovative products to sustain their position in the market. For instance, in April 2023, L’Occitane, a France-based skincare company, launched the Artichoke body care range to offer multiple skincare benefits, such as purifying and detoxifying. L’Occitane’s artichoke body care range aims to provide the purifying and detoxifying benefits of high polyphenols and inulin and has diuretic, fat-digesting, and cholesterol-fighting properties. These products also promote microcirculation, helping the skin remain plump and improve elasticity.

The Artichokes Global Market Report 2023  provides comprehensive insights on the artichokes market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the artichokes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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