Broccoli Powder Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis
MarkNtel Advisors recently published a detailed industry analysis of the Global Broccoli Powder Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Broccoli Powder Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Broccoli Powder Market size was valued at around USD 52.8 million in 2024 and is projected to reach USD 72 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.3% during the forecast period, i.e., 2025-30.
What are the major Driver the Global Broccoli Powder industry?
Rising Popularity of Plant-Based Dairy Products – The rising popularity of plant-based diets is the primary driver for the global market for Broccoli Powder. With the increased acceptance of vegetarian, vegan, or flexitarian diets, people now look for highly nutritious food choices, and it is highly used as an additive in smoothies, soups, and various recipes for adding a nutritious boost. For instance, as per reports from the European Commission, the use of plant-based foods has seen a rise of 49% over the years. Also, the Department of Agriculture noted a 27% rise in plant-based food consumption from 2020 to 2022 in the US. It shows that plant-based food intake has increased across the world. With the growing popularity of plant-based diets around the world, Broccoli Powder is fast becoming a consumer favorite for easily and sustainably adding vegetables to meals. This should boost the market further during the forecast period.
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What segments define the Global Broccoli Powder Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Nature
- Conventional Market Size & Forecast 2020-2030 USD Million
- Organic - Market Size & Forecast 2020-2030, USD Million
According to report, By Nature, Conventional holds the highest share of about 65% of the Global Broccoli Powder Market.
By Application
- Nutritional Supplement-Market Size & Forecast 2020-2030, USD Million
- Food and Beverages- Market Size & Forecast 2020-2030, USD Million
- Cosmetics-Market Size & Forecast 2020-2030, USD Million
According to report, Food and beverages dominate the market at an impressive 82% share.
By Distribution Channel
- B2B
- Direct Sales-Market Size & Forecast 2020-2030, USD Million
- B2C
- Online - Market Size & Forecast 2020-2030, USD Million
- Supermarket/Hypermarket- Market Size & Forecast 2020-2030, USD Million
- Convenience Store-Market Size & Forecast 2020-2030, USD Million
Explore the Complete Global Broccoli Powder Market Analysis Report – https://www.marknteladvisors.com/research-library/broccoli-powder-market.html
Geographical Analysis: Global Broccoli Powder Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Broccoli Powder Market Share & Competitive Landscape:
The Broccoli Powder Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Broccoli Powder Market are:
- Saipro Biotech Private Limited
- NutraDry
- Xi'an Lifewe Biological Technology Co., Ltd.
- Pioneer Herb Industrial Co., Ltd.
- American International Foods, Inc.
- Nutraonly (Xi'an) Nutritions Inc.
- VDF FutureCeuticals, Inc.
- Vinayak Corporation
- Product Portfolio
- Incoltec
- Vehgro
- Koyah
- Nutra Green Biotechnology Co., Ltd.
- Nutri V, a food innovator
The Global Broccoli Powder Industry Recent Development:
- February 2024: Nutri V, a food innovator, is a collaboration between Fresh Select, a leading fresh produce supplier with over 60 years of Australian farming history, and Australia’s national science agency, CSIRO.
Questions Addressed in this Study
1.What factors are driving the Global Broccoli Powder Market growth?
2.How is the Global Broccoli Powder Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Broccoli Powder Market?
4.What is the current size of the Global Broccoli Powder Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Broccoli Powder Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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