- Fresh,
- Canned and
- Frozen
Asparagus Market size was 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 Summary
Study Period
2023-29
Base Year
2022
CAGR
3.5%
Largest Market
South America
Fastest Growing Market
Europe
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
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- 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
By Type
by Colour
- White,
- Green
Distribution Channel
- Supermarkets and Hypermarkets,
- Grocery Stores,
- Other Distribution Channels
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
| 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 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 |
- Altar Produce LLC
- Sociedad AgrÃcola 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