Product Code: GVR-4-68040-445-6
Asparagus Market Growth & Trends:
The global asparagus market size is estimated to reach USD 39.65 billion in 2030 and is anticipated to grow at a CAGR of 4.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market has experienced steady growth in recent years, driven by increasing consumer demand for healthy and nutritious foods. Asparagus, known for its rich content of vitamins, minerals, and antioxidants, has become a popular choice among health-conscious individuals. The market is expected to continue expanding in the coming years, fueled by factors such as rising demand from the food and beverage industry, heightened awareness of asparagus's health benefits, and growing adoption in developing countries.
A key driver of this growth is the rising demand from the food and beverage sector. Asparagus's versatility makes it a valuable ingredient in a wide range of dishes, including salads, appetizers, main courses, and side dishes. Its inclusion in canned and frozen food products, which offer convenience and extended shelf life, further boosts its popularity. With the increasing preference for convenient and healthy food options, the demand for asparagus is anticipated to rise.
The vegetable's appeal is also linked to its low-calorie content and nutrient-rich profile, aligning with the broader trend towards healthier eating. Major producers such as China, Peru, and Mexico play a significant role in satisfying high demand, particularly in the United States and various European countries. Asparagus trade is crucial for meeting consumer needs during the off-season.
Additionally, there is a growing interest in organic asparagus driven by eco-conscious consumers. Sustainable farming practices and organic certifications are becoming increasingly important as consumers seek products that align with their environmental values.
Asparagus Market Report Highlights:
- Based on region, The North America asparagus market dominated the global market with the largest revenue share of 35.4% in 2024. North America has a growing emphasis on healthy eating and wellness.
- The green asparagus segment led the asparagus market with the largest revenue share in 2024. Green asparagus is known for its versatility in cooking and ability to complement a wide range of dishes.
- The fresh asparagus segment dominated the asparagus market, accounting for the largest revenue share of 65.6% in 2024. Fresh asparagus is widely appreciated for its versatility in cooking.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Asparagus Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Influencing Buying Decisions
- 4.4. Consumer Product Adoption Trends
- 4.5. Observations & Recommendations
Chapter 5. Asparagus Market: Product Estimates & Trend Analysis
- 5.1. Asparagus Market Product: Key Takeaways
- 5.2. Product Movement Analysis & Market Share, 2024 & 2030
- 5.3. Asparagus Market Estimates & Forecast, By Product, 2018 to 2030 (USD Million)
- 5.3.1. Fresh Asparagus
- 5.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.2. Canned Asparagus
- 5.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.3. Frozen Asparagus
- 5.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 6. Asparagus Market: Variety Estimates & Trend Analysis
- 6.1. Asparagus Market Variety: Key Takeaways
- 6.2. Variety Movement Analysis & Market Share, 2024 & 2030
- 6.3. Asparagus Market Estimates & Forecast, By Variety, 2018 to 2030 (USD Million)
- 6.3.1. Green Asparagus
- 6.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.2. White Asparagus
- 6.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.3. Purple Asparagus
- 6.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.4. Others
- 6.3.4.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 7. Asparagus Market: Regional Estimates & Trend Analysis
- 7.1. Asparagus Market: Regional Outlook
- 7.2. Regional Marketplaces: Key Takeaways
- 7.3. Asparagus Market Estimates & Forecast, By Region, 2018 to 2030 (USD Million)
- 7.4. North America
- 7.4.1. North America asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.4.2. U.S.
- 7.4.2.1. Key country dynamics
- 7.4.2.2. U.S. asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.4.3. Canada
- 7.4.3.1. Key country dynamics
- 7.4.3.2. Canada asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.4.4. Mexico
- 7.4.4.1. Key country dynamics
- 7.4.4.2. Mexico asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5. Europe
- 7.5.1. Europe asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.2. UK
- 7.5.2.1. Key country dynamics
- 7.5.2.2. UK asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.3. Germany
- 7.5.3.1. Key country dynamics
- 7.5.3.2. Germany asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.4. France
- 7.5.4.1. Key country dynamics
- 7.5.4.2. France asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.5. Italy
- 7.5.5.1. Key country dynamics
- 7.5.5.2. Italy asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.6. Spain
- 7.5.6.1. Key country dynamics
- 7.5.6.2. Spain asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6. Asia Pacific
- 7.6.1. Asia Pacific asparagus market estimates & forecast, 2018-2030, (Metric Tons, USD Million)
- 7.6.2. Japan
- 7.6.2.1. Key country dynamics
- 7.6.2.2. Japan asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.3. China
- 7.6.3.1. Key country dynamics
- 7.6.3.2. China asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.4. India
- 7.6.4.1. Key country dynamics
- 7.6.4.2. India asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.5. Australia
- 7.6.5.1. Key country dynamics
- 7.6.5.2. Australia asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.6. South Korea
- 7.6.6.1. Key country dynamics
- 7.6.6.2. South Korea asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.7. Central & South America
- 7.7.1. Central & South America asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.7.2. Brazil
- 7.7.2.1. Key country dynamics
- 7.7.2.2. Brazil asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.8. Middle East & Africa
- 7.8.1. Middle East & Africa asparagus market estimates & forecast, 2018 - 2030 (USD Million)
- 7.8.2. UAE
- 7.8.2.1. Key country dynamics
- 7.8.2.2. UAE asparagus market estimates & forecast, 2018 - 2030 (USD Million)
Chapter 8. Asparagus Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Share, 2024
- 8.4. Company Heat Map/ Positioning Analysis
- 8.5. Strategy Mapping
- 8.6. Company Profiles
- 8.6.1. Altar Produce LLC
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Strategic Initiatives
- 8.6.2. Walker Brothers, Inc.
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Strategic Initiatives
- 8.6.3. Limgroup B.V.
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Strategic Initiatives
- 8.6.4. Jersey Asparagus Farms Inc
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Strategic Initiatives
- 8.6.5. Cutter Asparagus Seed
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Strategic Initiatives
- 8.6.6. Thiermann Spargelhof
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Strategic Initiatives
- 8.6.7. Danper
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Strategic Initiatives
- 8.6.8. Golden Valley Seed.
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Strategic Initiatives
- 8.6.9. Transplants Inc.
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Strategic Initiatives
- 8.6.10. Sudwestdeutsche Saatzucht GmbH & Co.KG
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Product Benchmarking
- 8.6.10.4. Strategic Initiatives