Artichokes Market Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

 

Artichokes Market

In terms of value, artichoke output was valued at $X in 2020, based on export prices. Production had a rather flat trend pattern for the time period under consideration. The fastest rate of growth occurred in 2017, when manufacturing volume climbed by X% year over year. Global output peaked in 2020 and is expected to expand slowly in the near future. With a combined X percent share of global output, Italy (X tonnes), Egypt (X tonnes), and Spain (X tonnes) had the greatest amounts of artichoke production in 2020.

In 2020, the global artichoke market increased marginally to $X, up X% from the previous year. Consumption has been essentially flat over the time period under consideration. The fastest rate of growth occurred in 2017, when the market value climbed by X% year over year. During the time period under consideration, the worldwide market peaked at $X in 2013 and then levelled out until 2020.

Algeria, Argentina, Peru, and China trailed after, accounting for a further X. From 2012 to 2020, Algeria had the highest rate of increase in terms of artichoke output among the major producing countries, while the other world leaders had more modest growth rates. The global average artichoke yield in 2020 was X tonnes per ha, which was reasonably steady compared to the previous year's number. Overall, the yield trended in a somewhat flat direction. The fastest rate of growth occurred in 2017, when the yield climbed by X% year over year. The worldwide yield reached its apex in 2020 and is likely to continue to rise in the foreseeable future. Despite the increased use of contemporary agricultural techniques and practises, bad weather conditions may still have an impact on future output figure.