| Product Code: ETC176563 | Publication Date: Aug 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India`s chicory import market in 2024 saw a continuation of high concentration, with top exporters being Thailand, Bhutan, Peru, Austria, and Bangladesh. Despite the challenging scenario, the compound annual growth rate (CAGR) from 2020 to 2024 stood at -3.53%, while the growth rate from 2023 to 2024 experienced a significant decline of -51.55%. These figures indicate a complex landscape for chicory imports in India, suggesting potential shifts in market dynamics and demand patterns that industry players need to closely monitor and adapt to.
The India Chicory Market is expected to witness a healthy growth in the upcoming years due to increasing awareness about its nutritional value, health benefits and rising disposable incomes. The demand for chicory has been growing at a steady rate over the last few years and is likely to continue its upward trend in the foreseeable future.
Some of the factors driving the growth of India chicory market are increasing health consciousness among people, rising consumption of specialty coffee products, availability of different varieties like roasted chicory powder & granules, convenience offered by ready-to-use products like instant mixes available as sachets or cans etc., expansion strategies adopted by key players such as product launches with innovative flavors and ingredients blends coupled with promotional activities. Additionally, increase in per capita income and rise in spending power have also helped fuel market growth.
There are certain challenges faced by industry participants associated with this sector that include lack of proper distribution channels for marketing these products which restrict their reach to potential customers alongwith volatile prices owing to seasonal variations which affect supply chain processes. Moreover, presence of local substitutes may limit market expansion opportunities as well as stringent regulations related to food safety standards can restrain manufacturers from launching new products in markets other than India.
Some major companies operating in IndiaChicory Market include CCL Products (India) Ltd., Roopak Foods Pvt Ltd., Blue Mount Agro Solutions Private Limited; Mclean Food Products Private Limited; Hindustan Lever Limited(HLL); Nestle India Pvt.Ltd.; Bambino Agro Industries Ltd.; Sula Group Of Companies; Solubles Coffee Co(SCC), Tata Global beverages ltd.; Keventer Agro limited etc.
| 1 Executive Summary | 
| 2 Introduction | 
| 2.1 Key Highlights of the Report | 
| 2.2 Report Description | 
| 2.3 Market Scope & Segmentation | 
| 2.4 Research Methodology | 
| 2.5 Assumptions | 
| 3 India Chicory Market Overview | 
| 3.1 India Country Macro Economic Indicators | 
| 3.2 India Chicory Market Revenues & Volume, 2020 & 2030F | 
| 3.3 India Chicory Market - Industry Life Cycle | 
| 3.4 India Chicory Market - Porter's Five Forces | 
| 3.5 India Chicory Market Revenues & Volume Share, By Product Type, 2020 & 2030F | 
| 3.6 India Chicory Market Revenues & Volume Share, By Form, 2020 & 2030F | 
| 3.7 India Chicory Market Revenues & Volume Share, By Application, 2020 & 2030F | 
| 3.8 India Chicory Market Revenues & Volume Share, By Plant-part, 2020 & 2030F | 
| 4 India Chicory Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing consumer awareness about the health benefits of chicory as a natural sweetener and prebiotic | 
| 4.2.2 Growing demand for natural and organic food products in India | 
| 4.2.3 Expansion of the food and beverage industry in India, leading to higher usage of chicory in various products | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuations in raw material prices affecting the cost of chicory production | 
| 4.3.2 Limited availability of chicory farms and challenges in scaling up cultivation | 
| 4.3.3 Regulatory constraints and standards impacting the production and marketing of chicory products | 
| 5 India Chicory Market Trends | 
| 6 India Chicory Market, By Types | 
| 6.1 India Chicory Market, By Product Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 India Chicory Market Revenues & Volume, By Product Type, 2020-2030F | 
| 6.1.3 India Chicory Market Revenues & Volume, By Extracts, 2020-2030F | 
| 6.1.4 India Chicory Market Revenues & Volume, By Roasted, 2020-2030F | 
| 6.1.5 India Chicory Market Revenues & Volume, By Instant Powder, 2020-2030F | 
| 6.1.6 India Chicory Market Revenues & Volume, By Flour, 2020-2030F | 
| 6.2 India Chicory Market, By Form | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 India Chicory Market Revenues & Volume, By Powder, 2020-2030F | 
| 6.2.3 India Chicory Market Revenues & Volume, By Liquid, 2020-2030F | 
| 6.2.4 India Chicory Market Revenues & Volume, By Cubes, 2020-2030F | 
| 6.2.5 India Chicory Market Revenues & Volume, By Other forms, 2020-2030F | 
| 6.3 India Chicory Market, By Application | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 India Chicory Market Revenues & Volume, By Food & beverages, 2020-2030F | 
| 6.3.3 India Chicory Market Revenues & Volume, By Dietary supplements, 2020-2030F | 
| 6.3.4 India Chicory Market Revenues & Volume, By Feed & pet food, 2020-2030F | 
| 6.3.5 India Chicory Market Revenues & Volume, By Cosmetics & personal care, 2020-2030F | 
| 6.4 India Chicory Market, By Plant-part | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 India Chicory Market Revenues & Volume, By Root, 2020-2030F | 
| 6.4.3 India Chicory Market Revenues & Volume, By Leaf, 2020-2030F | 
| 6.4.4 India Chicory Market Revenues & Volume, By Other plant-parts, 2020-2030F | 
| 7 India Chicory Market Import-Export Trade Statistics | 
| 7.1 India Chicory Market Export to Major Countries | 
| 7.2 India Chicory Market Imports from Major Countries | 
| 8 India Chicory Market Key Performance Indicators | 
| 8.1 Consumer adoption rate of chicory-based products | 
| 8.2 Number of new product launches containing chicory as an ingredient in the Indian market | 
| 8.3 Investment in research and development for innovative chicory product formulations | 
| 8.4 Sustainability practices implemented in the chicory cultivation process | 
| 9 India Chicory Market - Opportunity Assessment | 
| 9.1 India Chicory Market Opportunity Assessment, By Product Type, 2020 & 2030F | 
| 9.2 India Chicory Market Opportunity Assessment, By Form, 2020 & 2030F | 
| 9.3 India Chicory Market Opportunity Assessment, By Application, 2020 & 2030F | 
| 9.4 India Chicory Market Opportunity Assessment, By Plant-part, 2020 & 2030F | 
| 10 India Chicory Market - Competitive Landscape | 
| 10.1 India Chicory Market Revenue Share, By Companies, 2023 | 
| 10.2 India Chicory Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |