Global Fresh Radish Market Size To Exceed USD 2.54 Billion By 2033 | CAGR of 6.06%
Category: Food & BeveragesGlobal Fresh Radish Market Size To Exceed USD 2.54 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Fresh Radish Market Size is Expected to Grow from USD 1.41 Billion in 2023 to USD 2.54 Billion by 2033, at a CAGR of 6.06% during the forecast period 2023-2033.
Get more details on this report -
Browse key industry insights spread across 230 pages with 102 Market data tables and figures & charts from the report on the "Global Fresh Radish Market Size, Share, and COVID-19 Impact Analysis, By Type (Red Radish, White Radish, Black Radish, Daikon Radish, Watermelon Radish), By Distribution Channel (Supermarkets/Hypermarkets, Online Retail, Farmers Markets, Food Service Providers), By End User (Household Consumption, Restaurants, Food Processing Industry, Salad and Fresh Produce Markets, Snack Food Manufacturers), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/fresh-radish-market
The fresh radish market is the industry engaged in cultivating, distributing, and selling fresh radishes, which are edible root vegetables with crunchy texture and peppery taste. Radishes are usually eaten raw and used broadly in salads, garnishes, and as snacks alone. Moreover, radishes are low in calories and rich in vitamin C, fiber, and antioxidants. Their nutritional advantages, such as helping digestion, immune system boost, and skin care, make them a popular option for health-aware consumers. As consumers become more health-conscious and move towards low-calorie foods with high nutrition, the market for fresh radishes grows. Their compatibility with weight control diets also stimulates demand. However, fresh radishes are very perishable and relatively short-lived, usually lasting just a few days to a week from the time of harvest, depending on how they are stored. This exposes them to spoilage during shipping and retailing, which can restrict their marketability and drive up costs for distributors and retailers.
The red radish segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the type, the fresh radish market is divided into red radish, white radish, black radish, daikon radish, and watermelon radish. Among these, the red radish segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to red radishes finding application in different cooking uses, including fresh salads, as a garnish, and in sandwiches, making them more attractive to buyers.
The supermarkets/hypermarkets segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the distribution channel, the fresh radish market is divided into supermarkets/hypermarkets, online retail, farmers markets, and food service providers. Among these, the supermarkets/hypermarkets segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven by supermarkets and hypermarkets are the most convenient and easily accessible retail points for customers. They offer one-stop shopping facilities, which consist of fresh products such as radishes, thus being the best option for most consumers.
The household consumption segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the end user, the fresh radish market is divided into household consumption, restaurants, the food processing industry, salad and fresh produce markets, and snack food manufacturers. Among these, the household consumption segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is due to radishes being a standard item in daily diets, especially used in salads, sandwiches, and raw snacks. Their versatility and simplicity of preparation establish them as favorites for domestic consumption.
Asia Pacific is expected to hold the majority share of the global fresh radish market during the forecast period.
Get more details on this report -
Asia Pacific is expected to hold the majority share of the global fresh radish market during the forecast period. In nations such as Japan, China, and India, the emphasis on healthy eating is fueling demand for fresh, healthy vegetables such as radishes, which are low in calories, rich in vitamin C, and possess other health advantages. This renders radishes a staple of everyday diets.
North America is anticipated to grow at the fastest pace in the global fresh radish market during the forecast period. Organic and locally produced vegetables see a high demand in North America. Radishes, particularly organic ones, are also gaining from it since numerous consumers want to purchase fresh vegetables from locally based-or organic farmers.
Major vendors in the global fresh radish market are Bolthouse Farms, Inc., Cal-Organic Farms, Chiquita, Del Monte Foods, Inc., Dole Food Company, FreshPoint, Green Thumb Farms, Lakeside Organic Gardens, Nash Produce, Tanimura & Antle, Taylor Farms, Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In October 2023, Duda Farm Fresh Foods, the country's largest producer of fresh celery, radish, and corn, launched their new Dandy Snacking In A Snap! brand line with the debut of the first product, celery dippers at the Global Produce and Floral show to strong acceptance.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the fresh radish market based on the below-mentioned segments:
Global Fresh Radish Market, By Type
- Red Radish
- White Radish
- Black Radish
- Daikon Radish
- Watermelon Radish
Global Fresh Radish Market, By Distribution Channel
- Supermarkets/Hypermarkets
- Online Retail
- Farmers Markets
- Food Service Providers
Global Fresh Radish Market, By End User
- Household Consumption
- Restaurants
- Food Processing Industry
- Salad and Fresh Produce Markets
- Snack Food Manufacturers
Global Fresh Radish Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?