ASPARAGUS MARKET ANALYSIS

Regional Analysis

• Europe held the largest share of over 41% in 2023. Significant demand for fresh and healthy foods in the region, along with the swiftly rising demand for functional and healthy foods, is the key factor boosting the market growth in the region.
• Asia Pacific is estimated to register a CAGR of 3.9%, in terms of revenue from 2024 to 2031. The product type sector in the region is anticipated to be the key factor for the market growth owing to the presence of some of the largest asparagus manufacturers including Altar Produce LLC, Sociedad Agrícola Virú, and DanPer Trujillo S.A.C.,
• North America is predicted to witness steady growth across the forecast period. Increasing demand in the food sector, and increased online product delivery services across developed countries in Western Europe including Italy, the U.K., Germany, France, and Spain will positively influence the market growth in the region.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa:  South Africa, North Africa, and Central Africa