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Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Asparagus Market: By Type, By Colour, By Distribution Channel and Region Forecast 2020-2031
Asparagus Market: By Type, By Colour, By Distribution Channel and Region Forecast 2020-2031
Asparagus Market size was valued at US$ 31.26 billion in 2024 and is expected to reach US$ 39.77 billion by 2031, growing at a significant CAGR of 3.5% from 2025-2031. 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.
Study Period
2025-2031Base Year
2024CAGR
3.5%Largest Market
South AmericaFastest Growing Market
Europe
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.
The Europe market is expected to witness the highest market share during the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market Size in 2024 |
US$ 31.26 billion |
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Market Size in 2031 |
US$ 39.77 billion |
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Market CAGR |
3.5% |
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By Type |
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By Colour |
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By Distribution Channel |
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By Region |
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Asparagus market size was valued at US$ 31.26 billion in 2024 and is expected to reach US$ 39.77 billion by 2031, growing at a significant CAGR of 3.5% from 2025-2031.
The Key players in the 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 market.
| 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, 2020 - 2024 and Forecast, 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Asparagus Market, By Type, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.1. Fresh |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 6.1. White |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.1. Supermarkets and Hypermarkets |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 9.1. Type Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. White |
| 9.2.2. Green |
| 9.3. Distribution Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 10.1. Type Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. White |
| 10.2.2. Green |
| 10.3. Distribution Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 11.1. Type Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. White |
| 11.2.2. Green |
| 11.3. Distribution Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 12.1. Type Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. White |
| 12.2.2. Green |
| 12.3. Distribution Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 13.1. Type Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. White |
| 13.2.2. Green |
| 13.3. Distribution Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 AgrÃcola 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
Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of animal health and agriculture. His passion lies in unraveling the complexities of these domains through rigorous research and practical insights. Manoj Kumar’s journey has been marked by several key achievements: as a market analyst and competitive intelligence expert, he dissects data to provide actionable insights for global clients. Simultaneously, he champions animal healthcare, diagnosing ailments, and designing preventive care strategies. In the realm of agriculture, his focus on sustainable practices, emphasizing crop nutrition, soil health, and precision agriculture. His holistic approach and commitment to advancing science make him a respected figure in the ever-evolving landscape of life sciences.