Asparagus Market Research Reports 2019-2024
Asparagus is a high-value, labor-intensive perennial vegetable. It is an early season crop that lends itself well to small-scale and part-time farming operations as well as direct-to-consumer retail marketers when combined with other crops. U.S. annual per capita consumption of fresh asparagus has been increasing in recent years to nearly 1.6 pounds in 2017. It is a low calorie, nutritious vegetable that is high in iron, fiber, and vitamins C and A; one cup of asparagus contains 3 grams of protein.
Asparagus, native of temperate regions, succeeds best where either low temperatures or drought stops plant growth for a “rest” period and should not be considered for commercial production where warm conditions result in the plant’s growth all year. Asparagus is generally planted using crowns, which are a root system of a year-old plant grown from seed. Although a small volume of stems can be harvest the first couple of years, it doesn’t come into full production until the third year and beyond. Studies in Michigan showed that 22-23 pickings per season (about a six week harvest season) is optimal for both yield and spear size over time in the Midwest and Northeast. Asparagus is generally harvested by snapping which typically commands a high market price than cutting.
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The consumption is 245 K MT in 2017, Northeast is the largest consumption region and market share is 39.23%, the south is the smallest region and the market share is 18%.
The price has been declining continuously; the average price is about 2124 USD Per MT in 2017. The gross margin has the similar trend with the price. The gross margin is about 17.58% in 2017.
The worldwide market for Asparagus is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new Planet Market Reports study.
This report focuses on the Asparagus in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
MARKET SEGMENT BY MANUFACTURERS, THIS REPORT COVERS
MARKET SEGMENT BY REGIONS, REGIONAL ANALYSIS COVERS
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
MARKET SEGMENT BY TYPE, COVERS
MARKET SEGMENT BY APPLICATIONS, CAN BE DIVIDED INTO
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Asparagus product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Asparagus, with price, sales, revenue and global market share of Asparagus in 2017 and 2018.
Chapter 3, the Asparagus competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Asparagus breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Asparagus market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Asparagus sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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