Topic: Chicory Root Fibre Market Report and Forecast 2020-2025
The global Chicory Root Fibre Market can be segmented as Oceania, Latin America, East Asia, North America, South Asia, and the Middle East & Africa. Chicory Root is grown mainly in the Netherlands, Northern France, and Belgium. It is expected that the chicory root fiber market in North America is going to have a high growth rate in terms of the increasing choices for chicory root fiber as well as increased demand for clean label foods. Europe is the next prominent market to witness huge growth in chicory root fiber due to higher demand for prebiotics.
The Industrial oils market is estimated to account for a value of USD 60.2 billion in 2019 and is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 80.7 billion by 2025.