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Latin America Asparagus Market By Type (Fresh & Canned And Frozen), By Colour (White And Green), By Distribution Channel (Supermarkets And Hypermarkets, Grocery Stores And Other Distribution Channels) And By Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Size, Share, Trends, Growth, Forecast (2022 to 2027)

Published: January, 2022
ID: 3859
Pages: 145

Latin America Asparagus Market Growth and Forecast (2022 - 2027):

Latin America Asparagus Market was worth USD xx million in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx million by 2026.

Market Overview:

Asparagus is a plant which is being used as a vegetable and medicine since it has delicate flavour and has diuretic properties. Asparagus is actively sought by key players as a key ingredient in soups owing to its palatable taste and nutritive properties. Asparagus is widely believed to become the primary choice in soup manufacturing industry since many companies already make soup with asparagus and is expected to grow in the future.

As a vegetable, asparagus is quite popular among ready-to-eat foods, and is cut into pieces and mixed with other food products like mixed vegetables and chicken to prepare truly delicious preparations. A rising demand for asparagus in fresh food products like brine and pickled asparagus, sauces and soups is expected to give a good boost to the growth of revenue in the fresh segment by type in the Latin America asparagus market.

Drivers and Restraints:

The driving factors of Latin America Asparagus market are rising number of asparagus growers, flourishing asparagus export market, rising health-consciousness among consumers and growing awareness about the nutritional benefits obtained from them among others. Also, other factors like rising application of asparagus in ready to eat foods and growth of soup industry are also propelling the market growth. The key restraints faced by the market are farmers opting for direct marketing and high prices of processing and storage of asparagus.

Latin America Asparagus Market Segmentation Analysis:

The Latin America Asparagus market is segmented based on the basis of type into fresh and canned and frozen segments. Canned and frozen segment has the largest share in the market. By colour the market is divided into white and green colours. On the basis of distribution channel, the market is divided into supermarkets and hypermarkets, grocery stores and others. Grocery stores is expected to have the largest share in the above segment.

Region Analysis:

Geographically the Latin America Asparagus Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. Factors such as growing number of asparagus farmers and its increasing application in ready to eat foods is expected to drive the market growth in the region.

Key Players in the Market:

Major Key Players in the Latin America Asparagus Market are

  • Altar Produce LLC
  • Sociedad Agrícola Virú
  • THIERMANN SPAGEL FARM
  • 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
  • Consorzio Associazione Produttori Ortofrutticoli Foggia
  • Mazzoni Vivai
  • California Asparagus Seed
  • Transplants, Inc

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)  

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Fresh         

                                5.1.2 Canned and Frozen             

                                5.1.3  Y-o-Y Growth Analysis, By Product              

                                5.1.4  Market Attractiveness Analysis, By Type  

                                5.1.5  Market Share Analysis, By Type    

                5.2 Colour                           

                                5.2.1 White        

                                5.2.2 Green       

                                5.2.3 Y-o-Y Growth Analysis, By Colour  

                                5.2.4 Market Attractiveness Analysis, By Colour                

                                5.2.5 Market Share Analysis, By Colour  

                5.3 Distribution Channel                               

                                5.3.1 Supermarkets and Hypermarkets 

                                5.3.2 Grocery Stores      

                                5.3.3 Other Distribution Channels            

                                5.3.4 Y-o-Y Growth Analysis, By Distribution Channel   

                                5.3.5  Market Attractiveness Analysis, By Distribution Channel   

                                5.3.6  Market Share Analysis, By Distribution Channel 

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Type

                                                6.1.3.2 By Colour

                                                6.1.3.3 By Distribution Channel

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.3.1 By Type

                                                6.1.3.2 By Colour

                                                6.1.3.3 By Distribution Channel

                                6.1.5  Market Share Analysis      

                                                6.1.3.1 By Type

                                                6.1.3.2 By Colour

                                                6.1.3.3 By Distribution Channel

                6.2 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Altar Produce LLC                     

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Sociedad Agrícola Virú                           

                8.3 THIERMANN SPAGEL FARM                

                8.4 DanPer Trujillo S.A.C.                             

                8.5 Limgroup B.V.                            

                8.6 TEBOZA BV, ILIOS - The Greek Asparagus Company  

                8.7 BEJO SEEDS LTD.                       

                8.8 Spargelhof Elsholz Gbr                           

                8.9 Cutter Asparagus Seed                          

                8.10 JERSEY ASPARAGUS FARMS, INC.                   

                8.11 Consorzio Associazione Produttori Ortofrutticoli Foggia  

                8.12 Mazzoni Vivai                          

                8.13 California Asparagus Seed and Transplants, Inc. 

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures   

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities           

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  1. Latin America Asparagus Market By Type , From 2022 - 2027 ( USD Million )
  2. Latin America Fresh  Market By Region, From 2022 - 2027 ( USD Million )
  3. Latin America Canned and Frozen Market By Region, From 2022 - 2027 ( USD Million )
  4. Latin America Asparagus Market By Colour , From 2022 - 2027 ( USD Million )
  5. Latin America White  Market By Region, From 2022 - 2027 ( USD Million )
  6. Latin America Green Market By Region, From 2022 - 2027 ( USD Million )
  7. Latin America Asparagus Market By Distribution Channel , From 2022 - 2027 ( USD Million )
  8. Latin America Supermarkets and Hypermarkets Market By Region, From 2022 - 2027 ( USD Million )
  9. Latin America Grocery Stores  Market By Region, From 2022 - 2027 ( USD Million )
  10. Latin America Other Distribution Channels Market By Region, From 2022 - 2027 ( USD Million )
  11. Brazil Asparagus Market By Type , From 2022 - 2027 ( USD Million )
  12. Brazil Asparagus Market By Colour , From 2022 - 2027 ( USD Million )
  13. Brazil Asparagus Market By Distribution Channel , From 2022 - 2027 ( USD Million )
  14. Argentina Asparagus Market By Type , From 2022 - 2027 ( USD Million )
  15. Argentina Asparagus Market By Colour , From 2022 - 2027 ( USD Million )
  16. Argentina Asparagus Market By Distribution Channel , From 2022 - 2027 ( USD Million )
  17. Mexico Asparagus Market By Type , From 2022 - 2027 ( USD Million )
  18. Mexico Asparagus Market By Colour , From 2022 - 2027 ( USD Million )
  19. Mexico Asparagus Market By Distribution Channel , From 2022 - 2027 ( USD Million )
  20. Rest of Latin America Asparagus Market By Type , From 2022 - 2027 ( USD Million )
  21. Rest of Latin America Asparagus Market By Colour , From 2022 - 2027 ( USD Million )
  22. Rest of Latin America Asparagus Market By Distribution Channel , From 2022 - 2027 ( USD Million )

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